I really like the video that Ivan on tech has made and I absolutely love
his channel and I think it's a very interesting crucial the insight that he
gives on crypto world and blockchain in fact I like his video so much I decided
to go in a little bit more detail and show you other sides of how people have
made fortunes in Bitcoin and cryptocurrency space so if you're an
entrepreneur the key thing before getting into any industry its figuring
out who are the big players and what are they doing in the industry so you can
figure out how you can position yourself to do something new or better than
everybody else and this knowledge is absolutely crucial
so please stay tuned the first step that I started is looking at the pigs and
chose businesses that sell tools for Bitcoin infrastructure the first thing
that came to me on my research is a technology company called AMD which
provides cryptocurrency mining forums with tools and technology for them to be
able to operate profitably as a matter of fact the demand for their equipment
is so hot so hot that every single time a new product goes on sale to the market
it cannot have been hit the shelves because the product is already sell
before the retailers even get their hands on it so Andy's stock went from
1.7 $1 to $15 representing a ten billion dollar gain in their market cap however
this players was not able to capture most of the game and actually this
revolution hit somebody harder than that which is Nvidia and it added more than
all of Puerto Rico's GDP to its valuation in just two and a half years
which was whopping 100 and an 18 billion dollars this is even more than the
current valuation of Bitcoin itself and on top of that the stonk is a expected
to go heck of a lot higher when it currently is because they keep producing
record revenues the miners is a next sub industry which literally
generates billions and billions of dollars every single year so it is
estimated that every year there's about 10 billion dollars worth of
cryptocurrency that can be mined companies in this space are very
secretive about their hash power and how much control they have over each
currency however I heard I mean I heard that the largest company in this field
which is Genesis Mining it's said to be doing about 20 percent of all Bitcoin
and even more of a theory and mining every single day
so 20 percent of each Bitcoin against my D controller which would be but the
roughest estimate would be 1 billion dollars in revenue just by one company
and it could be bringing god knows how much more money depending on how many
how much hash power they even sell the next set of companies that I want to
talk about our companies that actually allow people to get in and out of
Bitcoin and other cryptocurrencies one thing that cryptocurrencies face is
unlike stock market because there is no intermediary such as brokerage house
between a person wanting to buy or sell Bitcoin and the place we're treating
actually occurs which are the exchanges and the biggest players in the space and
the biggest player by far is big connects and the way they make money in
this space is the charge transaction fees on an average is about point two
zero percent and in past ten days an average volume that has been treated on
BitFenix has been at ten billion dollars a day so if you just do a rough
calculation and you look at it and we can just do it for fun get 365
multiplied by ten billion and multiplied by point point zero to you'll get over
seven billion dollars every single year that they generate and this amount is
only going to keep climbing because the interest
cryptocurrencies face keeps rising so this has been my review of kind of
there's people that and companies people don't normally think about and how much
revenue they generate on estimates and the revenues that we're able to bring in
I hope to be able to educate more people of what actually to do in the crypto
space and then finance in general in hope this was helpful please subscribe
and I really appreciate you spending some time with me today
Không có nhận xét nào:
Đăng nhận xét