3 To 4 Years From Now Bitcoin’s Value Be $100K, Says Florin Court’s Founder 0 27

3 To 4 Years From Now Bitcoin’s Value Be $100K, Says Florin Court’s Founder

The prediction came true that Bitcoin would be traded beyond US$ 20,000 before the current year ended. Two days ago, Bitcoin not only allowed prediction to come true but went on to break the all-time high record. As per today’s price index, Bitcoin’s price cap is above US$ 23,000 and the price would likely to go further up.

It was some three years back when Doug Greening, a renowned multi-millionaire businessman, was a veteran trader. He founded the Florin Court Capital which on the other hand explored over 350 alternate markets worldwide. But he quitted traditional trading and instead decided that he would trade in on cryptocurrencies.

He was found stating recently that throughout his trading career he had never come across any trading product like Bitcoin. He said that he learned from his experience that Bitcoin outperformed every asset class in terms of its lucrativeness. He further stated that the only asset which can be termed as a perfect asset class is Bitcoin. He also said that the present-day trading is more dependent upon trending models running in a certain industry. To him, Bitcoin too is one of the trending models these days for which no one should hesitate to invest in.

Greening’s Florin Court had made substantial profits this year through Bitcoin trading. It was revealed that the company had traded Bitcoin for about thrice the size of its last year’s Bitcoin trade volume.

Greening also told that this year the worldwide shrunk enormously due to the Covid-19 pandemic. He said that he saw various governments printing currency notes to survive the odds and support the economy. However, what was going to happen was inflation, he said. He told that when he saw that he understood that the profitability will go into Bitcoin because inflation favors digital coins.

He said that the second wave of Covid-19 is rampaging the world and further inflation will be caused very soon. Again governments would be required to print more notes and yet again the liquidity will be diverted into Bitcoin. So those who hadn’t pulled their bucks into Bitcoin or alike should do so immediately before it is too late.

Greening concluded that it was predicted that before 2021 Bitcoin would be above US$ 20,000. There was another prediction that 3 to 4 years from now Bitcoin will be traded for over US$ 100K. He added that the later prediction might come true as well.

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Yuan ATMs Rolled Out by the Chinese Central Bank 0 17

When it comes to adopting cryptocurrency and blockchain technology, there is no other country that has done it better than China. In the past year, China has made an enormous amount of improvements and introduced several innovations in the crypto-blockchain sector.

When it comes to the health and medical sector, China has adopted blockchain technology in a very unique manner. It has introduced blockchain systems that have the capability of storing and tracking the medical records of all its citizens.

In addition to this, China has even started working on its first blockchain-based hospital. Once launched, it will be the first hospital in the world that will run on the blockchain infrastructure instead of internet infrastructure.

Then towards the mid of 2020, China announced that it was considering launching its central bank digital currency. From that point onward, the country has gained more advancement than any other country, which is also trying to launch its own CBDC. Some of the countries that are also competing to launch their own CBDC are Russia, Georgia, Switzerland, and Italy.

Although, the majority of these countries started working on their CBDC before China, yet China is now ahead of them all. Towards the 4th quarter of the year 2020, China conducted a pilot for its digital yuan in several provinces.

After carrying out successful pilots in the provinces, China moved onto carrying out its pilot for cross-border transactions. In order to carry out cross-border transactions, China collaborated with Hong Kong and gathered successful results.

Now that the Chinese central bank has gathered enough positive feedback and results, it is ready to take things to the next level.

Just recently, the government of Shenzhen city launched a “Red Envelop” program for providing more exposure to digital yuan. According to the program, a total of 100,000 Shenzhen citizens were to receive “Red Envelops” that would be loaded with handsome digital yuan.

After the completion of the program, the Chinese Agricultural Bank owned by the state has announced the launch of the first digital yuan ATMs. It has been reported that the citizens of Shenzhen have already started using the digital yuan following the launch in the city.

Now, the Shenzhen citizens will be able to deposit and withdraw digital yuan through the newly rolled out ATMs. The users will be able to make deposits and withdrawals with the help of a smartphone application. The application would allow users to convert savings and cash into digital currencies through the central bank.

It has been confirmed that the Agricultural Bank of China is one of the four central banking giants in China that are contributing and making all the efforts to introduce digital yuan in the country.

Ideaology IEO Is All Set to Launch on Bitcoin.com Exchange 0 11

Bitcoin.com Exchange

Ideology is a blockchain-based company that will soon hit the crypto-blockchain platform. The company has announced that it will be initiating the IEO public sale for its native coins ‘IDEA’. It has been confirmed by the exchange that the selling window will be opened for targeted users. It has confirmed that the public sale will be initiated from January 26, 2021.

It was back in December of 2020 when the firm had first initiated its presale or the IDEA coins. At that time Ideaology confirmed that it received a lot of positive feedback from the cryptocurrency community. The network has already nominated the exchange it will be going with for its initial exchange offering (IEO).

For its initial exchange offering (IEO), the firm has decided it will be the Bitcoin.com exchange that it will be going with. The team at Ideaology has revealed that with Bitcoin.com exchange onboard, the network will be able to reach all its users in a timely manner for the freelance project. The freelance project that Ideaology is going to launch will also be powered by cryptocurrency technology.

In addition to the above, Bitcoin.com will also help Ideaology in working and launching ‘Active IDEA’, which is Ideaology’s business launchpad platform.

Just recently, the officials of the Ideaology shared their thoughts on the development and launch of the new platform. The firm stated that they have been making constant developments and doing testing for a long time on the platform. The platform is now in the final stages of development so the team at Ideaology does not want to waste any time.

They want to make the best out of this time and list their IDEA token on one of the most popular cryptocurrency exchange. The firm announced that they have chosen the exchange based on the traffic volume and popularity.

The firm announced that the teams at Ideaology are looking for an exchange that is innovative and modern. An exchange that fully understands the public demand and the best ways to fulfill them. This is the reason why they have chosen Bitcoin.com over the rest for its reputation and position in the crypto-verse.

Most importantly, Bitcoin.com can provide more exposure to the IDEA coins through their platform, which in Ideaology’s case would be on a lower scale.

The CEO of Ideaology, Khaled Alkalbani talked about the role and purpose of IDEA. He stated that IDEA’s connection with the Active IDEA platform is deep. He gave reasons why they have kept IDEA closely connected with the blockchain-based network.

It will be available to the users as a mode of payment that they will be able to use to make transactions. If the users make purchases or use services using the IDEA tokens, they will be getting up to 50% discounts. Most importantly, the users will also be able to invest their IDEA tokens on any projects that will be launched through the Active IDEA platform.

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