Why is everyone so excited about Bitcoin forward purchases?
Well, let's do some simple math. Both Bill and Carol are looking to buy $10,000 worth of bitcoins. Bill buys his bitcoins at a spot price of $400, (plus varying fees and premiums). He receives 25 Carol buys her bitcoins from Bitvestmint.com at a 20% discount, paying only $320. She receives 31.25 bitcoins for the same $10,000. Down the road, the value of Bitcoin doubles to $800. Bill sells his bitcoins for a grand total of $20,000 and realizes a 100% increase.
At the same time, Carol sells her bitcoins for a grand total of $25,000, and realizes a 150% increase. (50% more profit than Bill)
What if the price had stayed the same and they decided to sell their bitcoins anyway?
Bill's bitcoins would be worth the same $10,000 he started with. However, Carol would end up cashing out for a whopping $12,500!! A 25% profit.
Now who would you rather be Bill or Carol? The answer is clear.
Simply press the "Buy Bitcoins Now" button to lock in your discounted Bitcoin purchase.
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