Bitcoin Loses Grounds To Virtacoin

While the people of the United States of American again mourn the death of thousands of their citizens in the September 11 attacks of yesteryears, virtacoiners will remember September as the month virtacoin gained significant grounds against bitcoin.

For many months now, the exchange rate between bitcoin and virtacoin has been 1 satoshi = 1 vta. This has completely changed with effect from 3rd September, this year (2015). The exchanges have for a while now changed 1 vta at 2 satoshi but it had vacillated between 1 and 2 satoshi, which was why one could not really say it was 2 satoshi. The 1 satoshi = 1vta exchange has demoralized many virtacoin funs and some have even lost interest. Still others cannot tell whether they want to go the full haul or not.

Effective 6pm GMT on September 3, 2015, http://www.virtacoinwallet.eu has revised its exchange to 2 satoshis = 1vta. It has been the only place which has held on to 1 satoshi=1 VTA. According to the admin of the automatic converter site (BTC2VTA), Mr. John Moles, “It now looks like the price of VTA on the exchange market is holding steady at 2 satoshi. Therefore I am now changing the BTC2VTA adapter from 1 to 2 satoshi, effective immediately.”

A statement released from the indefatigable promoter of virtacoin indicates that from now onward, “for every 2 satoshi you send, you will get 1 VTA in return.” He continued that, “I frankly had not expected we would get to the 2 satoshi mark so soon, even hitting the 3 satoshi mark for a while. Promotion is picking up speed fast.” Then he concluded that, “With the new ‘Omnivirta’ features being released any moment now, the VTA future looks brighter than ever.”

What are the implications of this development? While 1 bitcoin could formerly fetch 100million VTAs, now 1 bitcoin can only fetch 50million VTAs. It also implies that when one is paid 10000 satoshi on any faucet, it is now equivalent to 5000VTAs. The faucet has not cheated; it is the exchange rate that has changed. Virtacoin has become 100% more expensive to acquire than previously.

It also means that readers should wake up to the reality that it can only get better and sweeter. Virtacoin can get to $1.00 much quicker than bitcoin can double in current price. It would not be too long when 1 bitcoin will exchange for 25million satoshi, then 10million and then 5million and then 1million etc. The promotion of virtacoin is gathering momentum and trading is picking up. Trades in 24 hours, in dollar terms, are improving daily.

At this stage, no one can stop the virtacoin train but there still remains a window of opportunity to acquire some before prices skyrocket beyond ordinary means. Go to the exchanges like http://www.bleutrade.com , http://www.banx.io , http://www.swisscex.net and http://www.zapit.nu/mobilecash . If you still want to get some for free, then go http://www.zapit.nu/vtaforfree .