Bitcoins resurrection 

However, some experts said the bitcoin price could bounce back.
It comes after underwear entrepreneur Michelle Mone last week announced the launch of £250million luxury property development in Dubai, priced in bitcoin.
Financial company CoinIRA chief executive Trevor Gerszt said: “Recent pullback in price was in large part a reaction to the announcement that China is banning ICOs (Initial Coin Offerings). 
“To be clear, they have not made bitcoin illegal. 
“There has been $1.5 billion raised this year in the ICO market which has gone largely unregulated and many have lost money due to scams. 
“Smart investors are seeing this as a buying opportunity; this technology is here to stay and will continue to have long-term value.” 
Yoni Assia, co-founder and chief executive of eToro added: “Most large financial institutions are well on the road to accepting the enormous potential of blockchain technology, and many have invested significant sums in research, product development, and directly in cryptocurrencies.

 

“Blockchain technology and cryptocurrencies have the potential to sweep away all of today’s incumbent financial institutions.”

Genesis Platinum Mining

 

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BTCChina Response to News Article On “Banning Bitcoin Exchanges”

We have received a large number of questions from customers following the publication of a news article by Caixin alleging that Chinese regulators would stop bitcoin trading.

Our response is as follows:

  • BTCChina operates in strict accordance with Chinese regulations. If the Caixin report is accurate, we will continue acting in strict accordance with regulators, and continue protecting the safety of customers’ funds.
  • The Caixin report says that regulators have not said bitcoin itself is illegal, and have not decided to prohibit private, one-on-one bitcoin transactions. If the report is accurate, BTCChina will stop all BTC/CNY trading, and change its business model to become an information service provider for private, one-on-one digital asset trading.

Many people regard digital assets, of which bitcoin is the embodiment, as the necessary result of recent advances in internet technology and the largest scale practical application of blockchain technology. In additional, bitcoin’s blockchain may have a far-reaching positive impact on the economy, becoming a foundational layer upon which other revolutionary software projects are based. We believe digital assets will have a far-reaching impact on the global economy.

BTCChina thanks you for your support, and will continue working to provide the best service for all customers.

BTCChina

Saturday, September 9th, 2017

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“The new smart will be determined not by what or how you know but by the quality of your thinking, listening, relating, collaborating, and learning.”

Long term care- must read it !!!!

Long Term CareDo you or your love ones have a plan for it? Long term care is a growing problem that families have to deal with and it is only getting worse with the growing number of retirees. Just think about it, if you have a take care of your parents or love ones while having a job and a family, it can be a huge burden trying to juggle and make everything work. You may have to quit your job but then if you do who is going to bring in that paycheck that you were bringing in. So LTC is or should be one of the major types of protection in planning for your future or for your aging parents. For most of us, LTC is not an issue of “what if” it will happen but rather when it will happen because we never know when something will happen. You can purchase LTC as a stand alone policy or as a rider in an insurance policy so take care of your LTC because you won’t want to be a burden to your loved ones.

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