We live interesting times:

• Where block chain technology tries to overtake real fiat economy;
• Where banks diversify their portfolio including cryptocurrencies and tokens;
• Where average people like you and me are starting to invest their hard-earned cash into crypto to save their money from inflation and a much-expected dream to get rich or at least earn more from crypto than simple bank deposits have to offer on short or long term.

However, what about BITCOIN? Why do some people, including myself think that although Bitcoin has an enormous price and popularity, and most of the time is regarded as digital gold, it could be basically worthless?

Yes, worthless!

At this point you will think: “this guy is crazy…! Bitcoin has the biggest market cap, it is the father of block chain technology, it is the best of the best of the best…and on top of that …IT IS THE FIRST OF IT`S KIND!”

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Yes, everybody wants to own Bitcoin, and most of the time, anybody can buy a fraction of it, it does not matter how much….you or me or anybody can buy it. Therefore, we do. Big companies, investment funds, banks, countries and so on, do it as well.

And here lies the core of the Bitcoin`s problem.

There are altogether 21 million Bitcoin, 95% of which is already in circulation. No problems there. Many people hold different amounts of bitcoins, on exchanges, in private wallets, you name it and no problem there either.

Then why do I think Bitcoin will be worthless?

Well let me detail it to you.

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Bitcoin price is dependent of demand and supply, which is the basic economic tendency for the last few hundred years, which is fine, the problem will be you and me.

Surprised?

Don`t be.

Why?

Let`s see why!

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Since big companies are staking Bitcoin like there will be no tomorrow, hence driving the price even higher than it is today, less and less coins will be available for You and me.

You`ll probably say at this point….”Ahhh….c`mon….there is plenty out there, people always sell and buy, there is no way this will happen…”

When institutions are buying into something, they want monopoly on that asset to control supply, hence control price actions and profit from it, that is a normal thing, and everybody who is sane and has a little financial education, would do the same.

Now imagine, coin by coin, fraction by fraction, all the 21 million bitcoins ends up in institutions, in different forms, coins, ETF`s, securities or other financial assets, which are sold to the general public, of course with the promise of a good yearly return.

You`d still say at this point….”…This is a worthless article, this guy is crazy…”

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Well I`d say, you are probably right, but since I wouldn’t buy Bitcoin at 500k USD, or 1 mil USD, so does other few million or maybe billion people on this planet, and because of crypto volatility I wouldn`t buy ETF`s or other financial products that have crypto in their package….well you`ll get the idea.

Now imagine all the owners holding altogether 21 million Bitcoins, which no one wants…well, you do the math how fast will the price of bitcoin crash and what will be the consequence of that crash, if not even the institutions that hold crypto will want to buy it from each other for the market price.

Reigniting Bitcoin interest will have to be done (and I presume that was exactly Satoshi`s purpose for creating bitcoin, start from 0 reach max value, reset, then start again), but usually anyone sane who get burned from the stove will not touch it again, so times will be hard on bitcoin.

At this point, You`ll say….”…Hmm…well…ahhh…maybe…. can this happen anytime soon? Or can it happen at all?”

The crypto world is dependent of you and me. Period! Without us, there is no crypto market.

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Well dynasties, civilizations had fallen in time because of one thing and one thing only…..greed….

At this point…hmm. Is it even possible?

It is possible, because holding something that you cannot benefit of, and I mean you only benefit from Bitcoin if you sell it for cash, is “pure madness”.

Therefore, even if the crypto hype has kicked in, and everybody suddenly has become an “investor”, without a proper financial education, being inert to the risks taken by wondering in the forest of the crypto world, nothing is impossible at this point. In addition, at one given time, everyone will sell their fraction of bitcoin, which guess what; institutions will have the money to buy, regardless of the current market price…

Briefly, Bitcoin has no real world use, it is where it is, because it is the first of its kind, people still have the FOMO feeling towards it, but when this feeling is met with reason because it’s astronomic price, you and me will not be interested anymore… and the roller-coaster starts.

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Well enjoy the ride…

This is not a financial advice; it`s based on many hours wondering in the crypto news labyrinth and reading other predictions, opinions and cautious messages, and is the opinion of the author. Crypto market is very volatile; therefore take cautious actions if you want to invest in it. Before investing, make your own research or seek financial advice.

The post When Bitcoin will be worthless! appeared first on News, Events, Advertising Options.

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SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Platform tokens have gained increased attention in this bull market, with notable examples from leading exchanges. Amid this surge, WXT, the native token of WEEX Exchange, has seen extraordinary growth, climbing 101% within 24 hours on January 11.

Token	BGB	OKB	BNB Advertisement	MX	WXT
Opening Price	$0.0585	$1.58 Advertisement	$0.15	$0.009157	$0.0100
Price One Year Ago	$0.6002 Advertisement	$53.55	$302.07	$2.7978	N/A
Current Price Advertisement	$6.73	$46.66	$681.33	$3.60	$0.0333 Advertisement
Year-To-Date Growth	1021.29 %	-12.87 %	125.55 %	22.28 % Advertisement	N/A
All-Time High Price Change	14412.82 %	4572.78 %	5288 % Advertisement	63785.55 %	233 %
Market Cap	$8.08B	$13.99B Advertisement	$98.11B	$3.6B	$83.19M
Citation: https://coinmarketcap.com/currencies/weex-token/

This development coincides with WEEX’s ongoing global expansion. As a rapidly growing cryptocurrency exchange, WEEX continues to increase its presence in the competitive marketplace, with WXT emerging as an integral part of its ecosystem.

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This surge comes as WEEX, continues to expand its global presence. WXT’s price trajectory reflects the growing influence of WEEX in the competitive cryptocurrency market.

WXT: Reflecting WEEX’s Rapid Growth

As Andrew Weiner, Vice President of WEEX, highlighted in a recent annual update, “WXT has achieved a price increase of nearly 450% since its issuance. And WXT’s trajectory mirrors WEEX’s incredible journey of growth.”

To further enhance its global outreach, WEEX has partnered with renowned football star Michael Owen as a brand ambassador. This collaboration aims to build increased brand visibility, positioning WEEX as a widespread and innovative platform in the cryptocurrency space.

According to the WEEX white paper, WXT’s ecosystem offers diverse utilities for its holders, including trading fee discounts, staking rewards, early access to new projects, and participation in airdrops. Additionally, WEEX has implemented a strategic buyback and burn mechanism, reducing WXT’s circulating supply as part of its ecosystem development strategy. These features position WXT as a multifunctional token that appeals to both active traders and long-term participants within the ecosystem.

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Exchange Tokens and Their Growing Potential

This bull market has further cemented the role of platform tokens as integral components of exchange ecosystems. Platform tokens have shown their ability to enhance user engagement by offering features such as fee adjustments and access to platform-specific benefits. As WXT gains momentum, how will it evolve within the ecosystem and shape its role in the platform token landscape? While its recent performance is promising, only time will tell if WXT can achieve the same level of success as its peers.

About WEEX

Founded in 2018, WEEX Exchange swiftly rose to prominence as a key global player in the cryptocurrency sphere. Boasting a diverse selection of over 1,000 trading pairs and spearheading a zero trading fee initiative for new token introductions, WEEX Exchange has earned widespread recognition throughout the industry. Introducing “WEEX WE-Launch,” a portal to exciting opportunities that empower users to acquire WXT tokens and engage in exclusive token giveaways, signaling a new chapter of participation and empowerment. With an active user base exceeding 5 million, WEEX Exchange has solidified its standing as a top 5 platform on CoinMarketCap, underscoring its unwavering commitment to excellence.

For more information:

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• Website: WEEX Exchange

Photo – https://mma.prnewswire.com/media/2596537/All_Time_High_Price_Change.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/wxt-surged-101-in-24-hours-and-the-price-exceeded-0-339-why-can-wxt-go-to-the-moon-302349299.html

Switzerland is set to host the highly anticipated Swiss WEB3FEST Winter Edition 2025, an unparalleled event series on innovation, investments and collaboration within the WEB3 ecosystem. Organized by Inacta Ventures, the event will unfold across iconic Swiss locations: Zug, Zurich, St. Moritz, and Davos, from January 13 to January 24, 2025.

Proudly titled in partnership with BitcoinOS, this event series promises to unite global leaders, investors, startups, and enthusiasts under one mission: unlocking the transformative potential of WEB3 technologies. Bitcoin is evolving beyond digital gold to become the foundation of a new economy. Innovations like those from BitcoinOS enable fast transactions, smart contracts, and decentralized applications, positioning Bitcoin as a key driver of the WEB3 revolution.

What is the WEB3FEST?

WEB3FEST is a global conference series focused on technology and innovation in AI, Blockchain and Sustainability. It serves as a vibrant hub where companies across the value chain – from agile startups to international corporations – converge to share ideas, build networks, and shape the future of the industry.

The Swiss WEB3FEST Winter Edition is taking place across Zug, Zurich, St. Moritz, and Davos during the World Economic Forum. It is designed to explore specific topics each day, connect the thriving Crypto Valley and Crypto Oasis ecosystems, and bridge diverse regions through meaningful collaboration. Attendees will have the opportunity to engage with thought leaders, pioneers, and visionaries in the blockchain space, fostering an environment of innovation and networking. Now in its 5th edition and the 2nd Winter Edition, WEB3FEST continues to be an important cornerstone for those looking to connect with global stakeholders, investors, and innovators in the world of Web3.

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At the heart of this transformative event is BitcoinOS, whose groundbreaking advancements in Bitcoin technology redefine possibilities in Blockchain. Participating organizations such as aeternity Foundation, The Hashgraph Association, DFINITY Foundation / Internet Computer, Solana Foundation, Ledger, and Multibank.io add to the event’s relevance, reflecting its global influence and comprehensive approach to WEB3 innovation.

The investor events are co-created with Ordway Selections, a private investment office from Switzerland, to connect the participating early-stage investors, VCs and private equity institutions with outstanding investment opportunities.

Event Highlights

January 13, 2025

Kick-Off Night – Launch Swiss WEB3FEST with a dynamic networking evening at SHED Zug.

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January 14, 2025

The Green Block Talks – Explore sustainability in AI and WEB3 at Trust Square, Zurich.

January 15, 2025

Crypto Valley Afterwork – Engage with innovators over cocktails at SHED Zug.

BitcoinOS Investor Dinner – Discover BitcoinOS’s vision and connect with top blockchain investors at SHED Zug.

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January 16, 2025

Crypto Valley Afterwork – Enjoy informal networking at Pavarotti Wine Bar, St. Moritz.

January 17, 2025

WEB3 Talks – Gain insights from thought leaders at the Kempinski Hotel, St. Moritz.

WEB3 Investor Dinner – Celebrate Crypto Valley with an exclusive show & dining experience at Billionaires Restaurant, St. Moritz.

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January 18, 2025

WEB3 Investor Circle – Network in the serene mountain setting of El Paradiso, St. Moritz.

January 21, 2025

WEB3 Investor Circle – Connect with investors during a private dinner in Davos.

January 22, 2025

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WEB3 Talks – Dive into blockchain insights and future trends at the House of Trust, Davos.

OnlyFriends Party – Connect with WEB3 leaders in a lively, exclusive setting also at the House of Trust.

January 24, 2025

Shark Island – Witness groundbreaking startup pitches in a live treasure hunt at SHED Zug.

Recap Night – Reflect on the festival’s highlights during the concluding night at SHED Zug.

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Powered by BitcoinOS

As the title partner, BitcoinOS is revolutionizing Bitcoin by bringing fast, secure transactions, smart contracts, and modern applications to the world’s most trusted blockchain. Their pioneering work includes the first verification of a zK proof on Bitcoin and numerous high-profile integrations with platforms like Cardano, Merlin, and BSquared. BitcoinOS’s innovations position it as a cornerstone of the WEB3 revolution and a driving force behind the success of WEB3FEST.

BitcoinOS’s vision aligns perfectly with WEB3FEST’s goal of fostering innovation and creating impactful connections across the blockchain ecosystem. By showcasing Bitcoin’s expanded capabilities, BitcoinOS emphasizes its role in shaping the next chapter of WEB3 development.

The post Swiss WEB3FEST Winter Edition 2025 appeared first on News, Events, Advertising Options.

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