Showing posts with label bitcoin. Show all posts
Showing posts with label bitcoin. Show all posts

Is Bitcoin the future

Is bitcoin the way of the future? If it is, then I give (btcs) Bitcoin Shop a try because it is the tomorrow of shopping. The Bitcoin Shop seems like a good idea if they keep up with what they are accomplishing. As an investor, I am looking for ideas that will make my grandkids money. What do you think?

Bitcoin Shop Avoids the Hype of Bitcoin and Bitcoin-Related Investments Analyst Report by BrokerBank Securities, Inc.


5/1/14 7:00 AM ET (PR NewsWire)
Bitcoin Shop, Inc. (OTCQB: BTCS) is an online retailer that sells various types of merchandise for purchase using virtual currencies such as bitcoin, litecoin, and dogecoin. The company's website (www.bitcoinshop.us) allows customers to purchase over 140,000 items in over 400 categories ranging from appliances, books, cell phones, computers, grocery and gourmet foods, health and personal care products, home and garden supplies, musical instruments, PC and video games, Blu-ray movies, pet supplies, watches, photo and camera supplies, sporting goods, etc. The company was formed in July 2013 and launched its ecommerce website the following month.
Bitcoins are a digital, or virtual, currency that uses peer-to-peer technology to facilitate instant payments. Since bitcoins are not a fiat currency (currency that a government has declared to be legal tender, but is not backed by a physical commodity), they are not controlled by a single entity like a central bank and are therefore sometimes referred to as a "decentralized" currency. Bitcoin is an accepted form of payment by a growing, but still limited number of businesses, while governments and regulators are beginning to create more regulation and structure to legitimize it as a currency. Although each bitcoin transaction is recorded in a public log, the names of buyers and sellers are never revealed, which keeps bitcoin users' transactions private thereby increasing their popularity in illegal activities such as the buying and selling of drugs. Further, since bitcoins are stored in a digital wallet which exists either in the cloud or on a user's computer, they are susceptible to hackers and viruses (e.g. Mt. Gox collapse). The total number of bitcoins that will be issued is capped at 21 million to ensure they are not devalued by limitless supply, with this limit being reached around the year 2140.
A full in-depth analyst report on BTCS that includes risk factors, industry review, financial position, potential revenues, review of current business model, competition breakdown, analyst summary, and recommendation can be viewed by using the following link at no cost:
http://bit.ly/BTCS-AnalystReport
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FORWARD-LOOKING DISCLAIMER
This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward- looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.
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Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Mike Maggi, CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. We do not engage in high frequency trading.
A full disclaimer can be found by viewing the full analyst report.
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BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.
SOURCE BrokerBank Securities, Inc.

Top Five Daily Small Cap Trading List: Bitcoin Shop, Inc. Genco Shipping and Trading Ltd. Creative Edge Nutrition, Inc. L&L Energy, Inc. Vape Holdings, Inc.


4/28/14 9:24 AM ET (PR NewsWire)
The volume in the OTC markets was top heavy going into the end of last week's trading as we enter the final trading week in April. Profit taking was also evident as some stocks which were higher on Friday morning finished the day in the red.
Bitcoin Shop (OTC: BTCS) had a good day's trading to close the week higher on Friday by more than 30% on the trading day. There is a good chance we will see follow through in this week's trading as the stock closed very close to the highs of the day. After trading at around $5.00 at the start of the year this stock has been in free fall up to this point, but looks ready to make a charge back possibly to resistance around the $2.00 level as trader's bottom feed.
L&L Energy (OTC: LLEN) followed up on its big up day of 47% by starting the day well and trading higher. We did see some profit taking towards the end of the day with the stock closing slightly lower by 8%. Overall shares in L&L Energy had a good weeks trading with $2.5 million exchanging hands on Friday.
If you are looking to receive our latest weekly picks as well as the latest news and volume trades sent directly to your inbox we invite you to sign up directly at Super Stock Profits.
Vape Holdings (OTC: VAPE) was another company that had a volatile weeks trading with big up days and down alike. The stock did hold up well to close the week only down by 17% after doubling in trading on Thursday. The volume had increased over the course of the week and was one of the heaviest traded stocks on the board. We expect that volume to continue this week as traders look to play the ranges on this one.
Creative Edge Nutrition (OTC: FITX) also finished the week higher after a strong volume day on Friday trading almost $3 million on the day. Shares closed higher by 9.9% and very close to the highs of the day which leads us to believe we could see a good follow through on the stock this week.
Genco Shipping and Trading (OTC: GNKOQ) traded heavy volume to close the week on Friday higher by 2.75% on around $6.5 million traded. After hitting a low back in March the stock has been edging higher this last month, proving that you can turn a trading profit even with a bankrupt company. We have seen the two best examples of this over the last year with shares in Fannie Mae (OTC: FNMA) and American Airlines (OTC: AAMRQ). Please note American Airlines has now merged with US Airways.
Super Stock Profits releases our daily trading report of the top trading volume and percentage leader plays within the small cap markets, keeping you up to date with the latest picks and the latest news on the stocks in focus.
Disclosure: Super Stock Profits is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities but for informational purposes only. Investors should always conduct their own due diligence with any potential investment. Super Stock Profits is affiliated with AMG Global Advisors Ltd which is a FINRA registered company (168847). We have not been compensated by any of the companies listed in this news release 

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SOURCE Super Stock Profits

Bitcoin Shop Announces Opening of New Corporate Headquarters


9:03a ET April 14, 2014 (Market Wire)
Bitcoin Shop, Inc. (OTCQB: BTCS) (the "Company"), the virtual currency ecommerce marketplace www.bitcoinshop.us, today announced the opening of new corporate headquarters where it will continue to manage its information technology, research and development, regulatory and financial controls.
Corporate Headquarters Location: 1901 N. Fort Myer Dr., Suite 1105
Arlington, VA 22209
Charles Allen, Chief Executive Officer of Bitcoin Shop, commented, "We are pleased to move into our new space with increased capacity and room for growth. Strategically, the Washington, DC metro area provides us with access to virtual currency influencers and technology resources. Our location in Arlington, VA is within walking distance to DC, and provides a great fit for access, resources and a base for attracting and recruiting the top talent we need to support our plans for growth."
About Bitcoin Shop, Inc.: Bitcoin Shop, Inc. operates an ecommerce website (www.bitcoinshop.us) where consumers can purchase products using virtual currency such as bitcoin, litecoin and dogecoin, by searching through selection of over 400 categories and over 140,000 items. Bitcoin, litecoin and dogecoin are virtual currencies that use peer-to-peer networks to facilitate instant payments. They are all categorized as cryptocurrencies, as they use cryptography as a security measure. Bitcoin, litecoin and dogecoin issuances and transactions are carried out collectively by the network, with no central authority, and allow users to make verified transfers.
Forward Looking Statements: Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission, not limited to Risk Factors relating to its virtual currency business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
Contact:
Bitcoin Shop, Inc.
(202) 430-6576
Email Contact

Investor Relations Contact:
Alliance Advisors, LLC
(914) 669-0222 or (212) 398-3486
Email Contact


FAPTURBO 2.0

Fapturbo 2.0 not only will trade 8 currency pairs at high frequency but we explored new options when it comes to automated moneymaking and thanks to close relations with brokerages we were able to get exclusive trading streams to the worlds most successful cryptocurrency Bitcoin
 
What is Bitcoin?
Bitcoin is a so called cryptocurrency.. virtual money that is currently estabilishing itself as a serious monetary instrument..
Its inflation safe and hackerproof.

 Bitcoins are increasingly used as payment for legitimate products and services, and merchants have an incentive to accept the currency because transaction fees are lower than the 2 to 3% typically imposed by credit card processors. Notable vendors include WordPress, OkCupid, Reddit, and Chinese Internet giant Baidu.

Fapturbo 2.0 Bitcoin Results
In Fact during testing alone we were able to multiply capital by 4-5x .. we got several test accounts with balances between 10 and 50,000 usd that doubled tripled and even quadrupled!
And the best part that is but ONE of the many profit legs of Fapturbo 2.0!
Our Forex robot can be traded with ANY account size... BIG or SMALL!
We wanted to show everyone that unlike many scam-only-working-on-paper Forex robots out there, FAP Turbo is REAL
Now...lets get to the most important part of all of this...to the reason why FAP Turbo is #1 and will be undefeated for a VERY long time.
I want your full attention here...I mean it, this is KEY:
Understanding the following will show you why FAP Turbo is the real deal...why it’s a golden opportunity for the smart ones...
Do you remember I told you at the beginning of the letter that back-test results are worthless? Well, THEY ARE!
So, why am I about to to show you back-test results of FAP Turbo?
Well...and this is the best lesson you will ever learn in Forex robot trading:
Back-test Results Are Worthless UNLESS
You Can Validate Them With Live Forward Trading!
What does this mean?
Well, simple and to the point: if you back-test a robot and it shows 100% “demo” profit in one month, it should PRODUCE around 80-100% profit in LIVE trading.
Thats it...mo more and no less!
So, how did FAP Turbo perform in back-testing? Well...

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3 Reasons The IRS Bitcoin Ruling Is Good For Bitcoin

On Tuesday, the U.S. Internal Revenue Service issued a notice, informing Americans of the U.S. Federal tax implications of bitcoin transactions. Bitcoin owners and prospective bitcoin owners should take five minutes to read the six-page notice. For the most part, Bitcoin owners were pleasantly surprised by the news. Anyone who researched the topic or spoke with a knowledgable accountant understood bitcoin gains would need to be reported at tax time. It was expected they would be treated as property, which is how the IRS guidance ended up dealing with bitcoins. Bitcoiners expected clarification at some point, but not before this year's tax filing deadline. This clarification is good news for three reasons. First, it clears up the tax environment. Prior to this announcement, some potential bitcoin investors were concerned it might be illegal. Others thought it was legal, but didn't want to risk getting in trouble with the IRS by making a mistake on their taxes. This announcement, however, demonstrates that bitcoin is a legal financial investment, and provides certainty as to the way transactions should be reported. Before this announcement there was mostly guesswork as to how the IRS would classify bitcoin transactions. No one likes guessing when it comes to tax penalties, and this guidance removes that guesswork. The second reason this is good news: this is one of the best possible outcomes. If bitcoin had been classified as a currency instead of property, that would have resulted in a higher tax liability for many bitcoiners -- since those gains or losses are classified as ordinary income or loss. With Tuesday's IRS ruling, bitcoin investors can further benefit from the U.S. long-term capital gain rate, in addition to their investment's massive appreciation. Lastly, this is good news is because, with this announcement, the IRS at least recognizes the legality of bitcoin -- if not tacitly endorsing bitcoin by stating “Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value.” For some that is a big deal. Not many people love the IRS. However most people respect the agency, and its recognition that bitcoin has utility is a win in the battle to eliminate the myth that “bitcoin is a mirage.” Disclosure: At the time of this writing David Smith has a long bitcoin position. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Read more: http://www.nasdaq.com/article/3-reasons-the-irs-bitcoin-ruling-is-good-for-bitcoin-cm339333#ixzz2xE1QJV2d