The Bitcoin bubble seems to be bursting. The bottom has fallen out, just as it did in the DotCom bubble in 2000.
But investors shouldn't give up on cryptocurrencies: this is just the beginning. Take a look at the below chart to see what happened to Bitcoin every time it had a steep correction.
People have missed the real power of cryptocurrencies. So far, they've been thought of as alternative currencies, taking the place of fiat currency in transactions.
But that's only half the story. What cryptocurrencies really do is monetize social networks, unlocking the value of a network by harnessing user engagement.
Corporations view cryptos as a way to monetize users' participation for additional revenue. Investors who buy into corporate crypto, like the new KodakCoin, can gain from a network's popularity, something that is different than just buying stock.
And with the KodakCoin venture already looking like a success, other corporate coins could soon be entering the market.
Blockchain is expected to disrupt every industry: real estate, shipping, banking and healthcare. The sky is the limit.
And one company has the expertise needed to manage the next stage of the revolution.
#1 Enter Global Blockchain
Global Blockchain Technologies Corp. (CSE: BLOC; OTC: BLKCF) is a company ready to capitalize on the next wave of crypto investment.
When and if the new corporate crypto-currencies take off, BLOC will give its investors a chance to profit, without exposing them to some of the risks of the bitcoin marketplace.
BLOC is a "private equity fund" and "incubator" for emerging cryptos. It has an experienced management team that knows the "ins and outs" of blockchain and crypto technology; they have the experience to help spot the winners and losers in the crypto world.
The company is the brainchild of Steven Nerayoff, the crypto pioneer who co-founded Ethereum, a cryptocurrency now worth more than $70 billion.
You don't need to know anything about blockchain or bitcoin to get in on this new industry.
All you need to do is add BLOC through your online brokerage account and watch the next phase of crypto expansion.
Bitcoin may look like a bubble, but innovations in blockchain and corporate coins are going to bring big value to investors who know where to look.