Eng - 中文

Mr. Crowd News   |  Market

40% Gain Within a Week, Bitcoin Above $16,000

By Mr. Crowd 7 Dec 201715:58





With the approaching launch of bitcoin futures this weekend by Chicago Board Options Exchange, one of the world’s biggest derivatives exchanges, bitcoin (BTC) is now trading at above $16,000 according to Reuters and even higher on some other exchanges.

That’s a gain of 12% today, and up over 40% since the start of the week.

Bitcoin serves as a new kind of currency for the digital era. It works across international borders and doesn't need to be backed by banks or governments.

Or at least that was the promise when it was created in 2009. The surge and volatility of bitcoin this year may be great for those who invested early, but it undermines bitcoin's viability as a currency.

After the launch of bitcoin futures, which will allow investors to take speculative “short” positions on the cryptocurrency, as well as “long” positions, could cause even greater volatility.





Disclaimer:

Market news (the Market News) is not intended as investment advice and must not be relied on as such.

To the maximum extent permissible by applicable law, Mr. Crowd assumes no liability or responsibility whatsoever for any errors or omissions in the Market News. Mr. Crowd does not endorse or represent the reliability or accuracy of the Market News. Mr. Crowd shall not be liable for any investment decisions made based upon the Market News.

The Market News may contain hyperlinks to external websites or web pages for which Mr. Crowd is not responsible.

Copyright exists in the Market News may belong to Mr. Crowd, to the authors, or to any other parties depending on the circumstances. Reproduction, distribution, use and/or linking without consent from the relevant parties is not permitted.

If you believe or are aware that any information contained in the materials is inaccurate, erroneous, unlawful, obscene, defamatory or infringes any intellectual property rights of a third party, please contact Mr. Crowd by email at: cs@mrcrowd.com.



Invest
$100
on US Startups

Register Now
Uni-boil MP Inc. (UNI)
raising up to $107,000
Regulation:Regulation CF
Securities Type:Common Stock
Share Price:$10.00

to go
Success By Media LLC (SBM)
raising up to $1,000,000
Regulation:Regulation CF
Securities Type:Common Stock
Share Price:$4.00

to go


Trending
Tether Claims US$30 Million Worth of Token Stolen
House Passes Corporate Tax Cut, From 35% to 20%
India Forex Reserves Edge Towards $400 Billion



About Mr. Crowd Crowdfunding One-Stop Service Terms of Use Fees and Charges Privacy Policy Cookie Policy The Mr. Crowd University Contact Us


IMPORTANT LEGAL NOTICE: Ksdaq Inc. owns and operates Mr. Crowd (www.MrCrowd.com), a funding portal (the "Funding Portal") registered with the Securities and Exchange Commission (SEC) and a member of the Financial Industry Regulatory Authority (FINRA) [FINRA Funding Portal Members]. By accessing the Funding Portal and any pages on the Funding Portal, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time without notice or liability. Securities offerings posted on the Funding Portal are limited to Regulation Crowdfunding, Regulation A and Regulation D offerings.
  • Regulation Crowdfunding offerings on the Funding Portal are conducted through Ksdaq Inc.
  • Regulation A and Regulation D offerings on the funding portal are not conducted through Ksdaq Inc.
  • Regulation A and Regulation D offerings are for informational and solicitation of interest (testing the waters) purposes only.
  • Investors must acknowledge and accept the high risks associated with investing in private securities offerings. These risks include holding your investment for periods of many years with limited ability to resell, limited access to periodic reporting, and losing your entire investment. You must have the ability to bear a total loss of your investment without a change in your lifestyle. Funding Portal is only required to conduct limited due diligence on each Issuer and does not in any way give investment advice, provide analysis or recommendations regarding any offering posted on the Funding Portal. Past performance is not indicative of future performance. All investors should make their own determination of whether or not to make any investment in an offering, based on their own independent evaluation and analysis and after consulting with their financial, tax and investment advisors. Prior to making any investment, you will be required to demonstrate your understanding of the speculative nature of investing in such private securities. The securities offered on this Funding Portal can only be marketed in jurisdictions where public solicitation of offerings are permitted; it is solely your responsibility to comply with the laws and regulations of your country of residence. You are strongly advised to consult your legal, tax and financial advisor before investing.

    You can learn more about investing in crowdfunding from the SEC, FINRA or NASAA.

    1000 Corporate Center Drive, Suite 310, Monterey Park, CA 91754


    Copyright © 2017 Ksdaq Inc.