DCC 0.94% 5.3¢ digitalx limited

Digital Assets, Blockchain Consulting, xBullion, DX Americas, Bitcoin Fund - Main Discussion Thread, page-178

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    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:


    https://hotcopper.com.au/data/attachments/1386/1386775-81b013131f378127672ebf82d8d28d8f.jpg


    Source: September Quarterly 2018



    https://hotcopper.com.au/data/attachments/1386/1386787-f0230d40464a7359d6c5314962cf18b8.jpg


    SourceAppendix 4E Preliminary Final Report



    School is in session... 


    On 17 December 2017 BTC reached it's ATH at AUD $25,400.


    https://hotcopper.com.au/data/attachments/1386/1386799-85867d6887308386f565b2cbb50edd39.jpg

    Sourcehttps://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.


    SourceMain Trends in Crypto for 2019

    Last edited by cryptoking777: 18/12/18
 
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