A Huge Worldwide Demand For Virtacoins – Demand Outstreaps Supply By 1000%

“The key to growth in the value of a cryptocurrency is when more and more people are interested in it and are willing to hold a lot as a store of value.” This significant statement was made by Balvio (not the real name) on virtacoin reddit on 13^th August, 2015, during a discussion session. This reality seems to be the case for virtacoin.

Balvio is a username on the virtacoin community www.reddit.com/virtacoin . He has observed, with interest, the fact that on one of the cryptocurrency exchange sites, www.bluetrade.com , there is a current demand for 520 million virtacoins at 1 satoshi and supply is not even up to 50 million. Many people are beating the footpath to the virtacoin door but the suppliers are yet to meet their demands and whether they will be able to meet it is the million dollar question. It can be effectively concluded, therefore, that the days of virtacoins at 1 satoshi are over.

The implications of this turn of events could be myriad. It could be that more people are attaching more importance to the one year old cryptocurrency than they did a few months ago. It could also mean that more people are holding onto whatever amount of virtacoins they currently have and are unwilling to sell cheaply. Another implication could be that the miners are no more interested in dumping their virtacoins on the exchanges, hoping to make a few bucks, considering the cost of mining.

If the holders and the miners are unwilling to sell virtacoins, the basic conclusion is that virtacoin is really running on the footpaths of bitcoins and the world had better watch out for the new kid on the block.

The next milestone, in my humble opinion, would be for one virtacoin to sell at 4 satoshi and that would not take long in coming, may be in the next few weeks. When, not if, this happens, then virtacoin would have achieved 300% increase in value, in satoshi terms.

One can safely predict that when the demand for virtacoin at 1 satoshi is not met for the next few days, buyers would have to alter their demand price. That would signify a great landmark for virtacoin. Already, there are 50 million virtacoins on www.askcoin and www.banx.io at 2 satoshi and 418 million on www.bluetrade.com at 2 satoshi since 13^th August, 2015. This development is a big game changer for virtacoin.

Do not feel left behind, but the early bird days are over. If you get any virtacoins now, you may not get so much at a price as cheap as you would have gotten it a few weeks or months ago. As it is with any cryptocurrency which takes a very long time to peak, the general trend is an upward movement, spiked with intermittent downward fluctuations. In that case, VIRTACOIN is treading the footpaths that bitcoin trod not too many years ago.

One can still get a few 1000s of virtacoin for free. That may not be much but half a loaf is better than none. You have yourself to blame for coming to the party too late. First, get your virtacoin online wallet for free at http://www.zapit.nu/jovirtacoinwallet and then follow instructions at http://www.zapit.nu/freevtahowto to start getting close to 10,000 virtacoins for free every Sunday, depending on the exchange rate between bitcoin and virtacoin.