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Bid4CC Spearheads the First-Ever Online Cryptocurrency Auction

Bitcoin Press Release: Determined to take the cryptocurrency sphere by storm on its day of launching, Bid4CC breaks ground online as the world’s first cryptocurrency auction site.

Cayman Islands, November 27, 2017 – Determined to take the cryptocurrency sphere by storm on its day of launching, Bid4CC breaks ground online as the world’s first cryptocurrency auction site. The virtual money bidding portal packs a punch with its digital currencies any user can afford making a bid for. Surprisingly, any bidder may win huge amounts of Bitcoin, Dash, Litecoin, or Bitcoin Cash just by making unique bids.

A unique twist to winning the top 4 cryptocurrencies
While boasting its record as the first company of its kind in the crypto auction community, Bid4CC invites initial coin offering (ICO) enthusiasts to take part in its time-based online bid-and-win event that goes on a daily, weekly, and monthly basis. Great deals are at stake, especially big sums of the top four cryptocurrencies that await the winning bidders. But unlike any other public sale, the auction that the company hosts takes on a reversed bidding mechanism.
Instead of awarding the win to the highest bidder, Bid4CC gives it to whoever enters the lowest unique bid. If there is a mega auction in which the prize is 1 BTC, for instance, and 8 bids are made at 1.02, 4 bids at 1.05, 1 bid at 1.08, and 1 bid at 1.06; the one who shall get the prize by the end of the bidding period is he who bid at 1.06.
This proceeding does not only tender surprises to long-time users but also gives the uninitiated more encouragement for them to be part of the cryptocurrency ecosystem. This means that even those who are not in the know in terms of ICOs now have a chance to acquire digital assets just by making as many bids as they can afford.

Big bid packages to welcome new Bid4CC members
As the Bid4CC kick-starts its operations, it fully extends its arms to welcome more bidders across the globe. Its all-new website provides enthusiasts with an easy way to join the auction. Anyone who wants to make the most of the opportunity to win virtual monetary units simply needs to sign up. And yes, registration is free of charge.
Once officially registered, bidders are treated to 5 free bids in order for them to get the feel of the bid-and-win platform introduced by the website. They can bid as many times as they want. But, of course, to gain access to more bids, they will have to pay a certain amount via Bitcoin. Here are the packages new members can get the most of:

  • 0.0030 BTC for 100 bids
  • 0.0061 BTC for 250 bids
  • 0.0120 BTC for 650 bids

As Bid4CC brings forth the cryptocurrency auction, it looks forward to racking up new members who will seize the opportunities that await. Be part of the auction group now. Sign up with Bid4CC.
About Bid4CC
Bid4CC is a bidding evolution, wrapped up into one intelligent action-packed lowest unique bid discounted cryptocurrency auction site. For more information, please visit https://www.bid4cc.com/.

Media Contact:
Name: Mukund Joshi, Business Head
Email: info@bid4cc.com
City and Country Location: Cayman Islands

AML Bitcoin is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

The post Bid4CC Spearheads the First-Ever Online Cryptocurrency Auction appeared first on Bitcoin PR Buzz.

Source: Bitcoin Press Releases
Bid4CC Spearheads the First-Ever Online Cryptocurrency Auction

Bitcoin Cash Up As Original Chain’s Price Recedes

The fork of Bitcoin from August 2017 known as Bitcoin Cash (BCH) surged over 30% on Friday according to industry price analysts at Coinmarketcap. This corresponded with a marked drop in the price of the original Bitcoin’s (BTC) price to its lowest point since the start of November. Analysts are attributing the redistribution to the failed Segwit2x fork which was scheduled later this month. However, interestingly there seems a lack of consensus as to why traders are moving from BTC to BCH.

Some believe that it’s simply a matter of those traders who were holding Bitcoin to receive a dividend of new coins like what happened in August selling and moving back into various altcoins. Looking at the sea of green over Coinmarketcap immediately following the decision would suggest there’s a fair bit of truth in their opinion too. For them, part of the huge run up in price was caused by people buying in to get free coins. Now that there are no new coins, the money is flowing elsewhere. Chris Burniske, author of Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond believes this to be the case. He told CNBC:

You can see people playing back and forth between bitcoin and bitcoin cash trading depending on where they think near-term catalysts may be. It’s been a battle of investors versus traders that were stockpiling bitcoin to get their ‘bitcoin2x dividend’.

However, not all see it like this. There are some analysts who interpret the shift towards Bitcoin Cash as a belief in that version of the code, rather than the original – known in the industry as Bitcoin Core. For proponents of BCH like Roger Ver, the use of bigger blocks as a scaling method are closer to Satoshi Nakamoto’s original vision. Second layer scaling solutions like Segwit are not in line with the whitepaper which the mysterious Nakamoto published before disappearing early in the life of Bitcoin.

For those like director of XTB, Joshua Raymond, Segwit2x was an important step towards scaling the chain to be able to handle more transactions per second. More pragmatic than many of the hard coding, computer science-orientation anti-Segwit2x crowd, Raymond told Business Insider:

Everyone was hoping the Segwit2x would address this [transaction cost and time] but unfortunately, the delay due to a lack of consensus on the mechanics has affected confidence. Confidence on transaction speed in Bitcoin has deteriorated significantly in recent months. As Bitcoin Cash enjoys much faster transaction speeds, we have started to see a recycling of positions out of Bitcoin into Bitcoin Cash as a consequence.

For now, it’s unclear which interpretation of the numbers holds most truth. However, what is curious is that today, many alt coins like ETH and NEO are in the red as Bitcoin Cash moves higher. This casts doubt over the thesis that Bitcoin’s decline is simply down to people selling their BTC positions because there’s no longer a free dividend up for grabs. The negative growth of the rest of the market combined with the speed that BCH is rising suggests something more monumental might be afoot.

The post Bitcoin Cash Up As Original Chain’s Price Recedes appeared first on NEWSBTC.

Source: Science of Crypto
Bitcoin Cash Up As Original Chain’s Price Recedes