It's ironic that I'm being moderated for providing commentary on Bitcoin and other cryptocurrencies on a thread titled "Cryptocurrency, Blockchain, DLT, ICO’s, STO’s, Regulatory Approval".
Moderators don't seem to understand the nature of business Digital X are in and the fact that they own BITCOIN and other DIGITAL ASSETS!!!!!!!!!!!!!!
In fact, here is an extract from Digital X's most recent Quarterly Report from September 2018:
Source: September Quarterly 2018
Source: Appendix 4E Preliminary Final Report
School is in session...
On 17 December 2017 BTC reached it's ATH at AUD $25,400.
Source: https://www.coingecko.com/en/price_charts/bitcoin/aud
At the time, Digital X's holding of BTC was valued at AUD $10,958,068 (431.42 BTC x AUD $25,400).
Bitcoin takes BIG swings lads, and last night jumped 11%.
There are plenty of catalysts set for 2019 which could welcome fresh money into the crypto space and reach prices beyond previous ATH's..
- The rise of the Security Token Offering
- The launch of Bakkt which is designed to enable consumers and institutions to seamlessly buy, sell, store, and spend digital assets. Formed with the purpose of bringing trust, efficiency, and commerce to digital assets, Bakkt seeks to develop open technology to connect existing market and merchant infrastructure to Blockchain.
- The Securities and Exchange Commission, SEC, is expected to target companies with inquiries that will bring greater compliance from existing players and the ones planning on just starting their businesses. There is also a chance that the market will seek to regulate itself before government bodies over regulate them
- Stablecoins look promising in crypto lending, as they enable exchanging tokens at a stable rate. They minimize price volatility and include minor fluctuations, which makes getting a crypto-backed loan easier and more secure.
- Custody solutions and insurance are becoming the industry standard in the world of crypto lending. Providing investors with an opportunity to trade cryptocurrencies without the risk of theft is crucial, which is why major crypto exchanges, such as Gemini and BitGo, already have their own custody offerings. As similar services spread, they will become more affordable
- The introduction of Bitcoin futures has seen mainstream adoption, as the futures enable investors to bet against Bitcoin and settle contracts in real money, as well as trade off Bitcoin even if they don’t actually own it. As cryptocurrencies will hit the mainstream road, we will see many more crypto-backed loans too.
- Security will be a prime source of innovation - Blockchain enables secure transactions and prevents fraud, which is why it’s constantly inspiring new applications. Security remains the primary concern in the cryptoeconomy, thus it will be the primary source of innovation in the industry. Greater security will bring greater stability.
Source: Main Trends in Crypto for 2019
- Forums
- ASX - By Stock
- DCC
- Digital Assets, Blockchain Consulting, xBullion, DX Americas, Bitcoin Fund - Main Discussion Thread
Digital Assets, Blockchain Consulting, xBullion, DX Americas, Bitcoin Fund - Main Discussion Thread, page-178
-
-
- There are more pages in this discussion • 545 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DCC (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.3¢ |
Change
-0.001(0.94%) |
Mkt cap ! $45.48M |
Open | High | Low | Value | Volume |
5.3¢ | 5.3¢ | 5.2¢ | $10.83K | 205.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 217106 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 20850 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 217106 | 0.052 |
2 | 90000 | 0.051 |
7 | 348040 | 0.050 |
2 | 36778 | 0.049 |
5 | 530833 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 20850 | 1 |
0.054 | 346000 | 1 |
0.055 | 68182 | 2 |
0.056 | 85000 | 2 |
0.057 | 50000 | 1 |
Last trade - 14.56pm 24/07/2024 (20 minute delay) ? |
Featured News
DCC (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, CEO
Paul Long
CEO
Previous Video
Next Video
SPONSORED BY The Market Online