Bitcoin Related Penny Stocks
So what’s the deal between bitcoins and penny stocks? Well, originally the two were not connected in any way whatsoever. However, penny stocks soon became the obvious place for investors to gravitate. As it turns out, they did more or less stampede the world of penny stocks in much the same way prospectors flooded the Gold Rush in the late 1800’s in the Western States and Western Canada.
The penny stocks that are connected to bitcoin-related companies have seen massive growth and has provided many new players in the cryptocurrency ecosystem a chance to jump on board and expand their digital assets as a result. You can thank bitcoin penny stock activity in attracting investors that have added such digital assets as Bitcoin vending machines, cryptocurrency exchanges, Bitcoin mining services, digital wallets and all kinds of Blockchain technologies to the English language.
The increase in exposure to Bitcoin technology that has resulted from the cryptocurrency stock connection has proven to become an educational tool as well. For example, there is a huge difference between a Bitcoin business and a business that accepts Bitcoin transactions. The entire cryptocurrency concept has expanded the imaginations of millions of entrepreneurs as a result. Not only has it revolutionized online business, it has crept into making brick-and-mortar businesses reexamine their payment options. With more players in the field, consumers have a greater opportunity to purchase and pay with tools that are no longer dependant on paper money.
If you are only just beginning to grasp the scope of the Bitcoin concept, you may need to sit down and fasten your seatbelt. Nothing has been close to the cutting edge and unique aspects of the Bitcoin concept until investors started reaching out to the bitcoin penny stock forum. You could say that the mania created by investors wanting to become part of the action has pushed the Bitcoin concept to the next level.
That next level is the development of more secure blockchain technologies and additional digital assets that go far beyond the ‘digital coin’ of the very beginning of the Bitcoin craze. Whether or not this will be just another fad is hard to predict. With more and more blockchain technologies being developed that are further reducing the dependence on any other monetary system, the wave of the future could very well be underway as we speak.
Bitcoin mining and digital wallets are two things your parents had never experienced and with the rapid growth of the cryptocurrency ecosystem, chances are that both of those items will be ‘old school’ to your grandchildren. Remember when fax machines were cutting edge? Now they are considered old technology. There will be a point when Bitcoins will be viewed in much the same light but that probably won’t be until something newer in the form of a digital asset bursts on the scene to take its place. Regardless, you can bet that it’ll show up first in penny stocks so that the developers can finance the developmental process.
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We have put together a list of some of the most popular stocks related to cryptocurrency below.
Marathon Patent Group (MARA) – Market Value: $41,201,566 (a/o January 4, 2018)
This intellectual property (IP) company provides services to various patent owners. So, if you were a backyard inventor with the newest gadget on the planet, you may be the type of person this company would be interested in connecting with. They also represent Fortune 500 companies. The company has an IP service team that develops multiple strategies which give their clients the opportunity to better utilize the value of their IP assets. The Marathon Patent Group works with patent owners and inventors to use IP licensing campaigns as a means to monetize their specific patent portfolios. This is one of the many ways in which this company generates revenue. They also create cash flow through IP consulting opportunities with new and existing clients. Marathon Patent Group is based in Los Angeles, California.
Riot Blockchain, Inc. (RIOT) – Market Value: 201,953,995 (a/o January 4, 2018)
Founded in July of 2000, this company was designed to provide investment services to the blockchain ecosystem. The company website actually references their activity as “a first mover on the NASDAQ focused on blockchain technology.” The goal of this group is to revolutionize transactions with a system that has not been seen before. To add to the unique ecosystem created by Riot, they have also launched their own Bitcoin mining operation. The company only says that the Bitcoin mining operation will be the focal point of the expansion plans in place to move the company forward in the cryptocurrency world. The main focus of Riot Blockchain Inc. is the Bitcoin and Ethereum blockchains which put this group in strong positioning in the cryptocurrency world. This company is based in Boulder, Colorado.
MGT Capital Investments, Inc. (MGTI) – Market Value: $259,996,263 (a/o January 4, 2018)
MGT Capital Investments, Inc. has three main parts in their operation. They include cryptocurrency mining, proactive anti-hacking development, and the private phone. They are without a doubt one of the largest US-based Bitcoin miners and continue to expand with the Sentinel product line of cybersecurity technologies. The company has also formed a solid partnership with industry pioneer John McAfee which has led to multiple mobiles and personal tech device security systems. The Privacy Phone, through a partnership with Nordic IT, is a mobile phone that carries maximum privacy and extensive anti-hacking features. MGT Capital Investments, Inc. is headquartered in Durham, North Carolina but has facilities based in Washington State.
DPW Holdings, Inc. (DPW) – Market Value: $48,559,397 (a/o January 4, 2018)
DPW Holdings, Inc. is a company that focuses on the development, design, manufacture, and sales of power system solutions that are customized and flexible. Their holdings … Read More