The fastest and safest way to start owning bitcoin is to buy

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Buying some bitcoins is still very difficult. There is still so much to learn and understand about Bitcoin, but as the price is going up daily the panic and need to getting some bitcoins quickly gets more urgent and desperate.

The fastest and safest way to start owning bitcoin is to buy a mining contract from Genesis mining. https://www.genesis-mining.com/  You will receive a small amount bitcoins daily into your account.

Right now you can purchase 1 Tera Hash of mining power for $150 USD and you can charge it against your credit card. This will give you 0.00032 Btc a day which is about 38 cents USD. At this rate it will take more than a year to recoup your investment.

However 2 things are happening. 1 The price of bitcoin is still going up and is in a very strong bull phase. This means the bitcoins that are credited to your account will appreciate in value. Secondly as the price increase mining cost decreases which means a bigger payout until the mining difficulty catches up. Thirdly transaction fees are also becoming more significant which improves the possiblity of a higher payout. All these factors means that the payback time will be shorter than you think as long as the bull phase continues. The contract is non terminating meaning that you will continue to receive some bitcoin daily forever. Considering that transaction fees will replace new coins issues, this is possible.

http://faucethub.io/r/4365


I am sure that the total bitcoin holdings of all the people in Blockstream added together is less than that of Roger Ver. I will even venture further to say that all the developers receive their remuneration in fiat and they themselves admitted that they do not use bitcoin regularly. So why are they so desperate to get Segwit activated?

The people funding Blockstream will be savy businessmen and as such they would have dangled a carrot in front of the developers in the form of a bonus when Segwit activates. Normally as developers they would earn their considerable salary. My guess is that, if Segwit activates, they would be even better rewarded with cash and stock options. I too would be totally annoyed, if I see my chance of being a millionaire, slip sliding away.

I think that the chain will not split, because the only important thing to the investors is that their development is on the main chain. It will not matter which chain. Sure they would have more say and control if it is Segwit but even if it is BU their 2.0 platform investment is not lost.

Source - bitcoinandtheblockchain.blogspot.com
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