Investors Are Trading in Gold for Bitcoin Featured

12 February 2018
Bitcoin, the heavyweight of the cryptocurrency world, has billed itself as digital gold—a safe haven for investors to park their assets. Apparently that image is having an impact. While Bitcoin’s status as a potential substitute investment to the shiny precious metal with thousands of years of human history is debatable, some investors are foregoing physical gold for its significantly younger brethren. As Bitcoin prices inched toward an all-time high price above $19,500 in December, Byron Salamida, 48, of San Diego took some of his gold coins and decided to sell them at a local precious metals dealer. He planned to…

Bitcoin price soars above $5,000 to record high

12 October 2017
Rising price of the cryptocurrency, now worth four times as much as an ounce of gold. The price of bitcoin has smashed through $5,000 to an all-time high. The cryptocurrency rose by more than 8% to $5,243 having started the year at $966. Bitcoin has soared by more than 750% in the past year and is worth four times as much as an ounce of gold. But the price has been volatile. The digital currency plunged below $3,000 in mid-September after the Chinese authorities announced a crackdown. Beijing ordered cryptocurrency exchanges to stop trading and block new registrations, due to…

Goldman Sachs say's you cannot ignore Cryptocurrencies anymore.

14 August 2017
Mainstream financial institutions such as Goldman Sachs are finally beginning to realize what forward-thinking venture capitalists have known for years: investors need to pay attention to the cryptocurrency ecosystem. A few months ago, Goldman’s hedge fund clients asked the bank to begin providing analysis on bitcoin investments. In July, chief technical analyst Sheba Jafari accurately predicted that the bitcoin price would pull back to about $1,850 before setting a new record during its current wave; she forecasts it could extend as far as $3,915 before the wave is over. Now, Goldman Sachs is counseling institutional investors to give cryptocurrency a…

Java Coin Holders - The Java Coin will begin trading in next several weeks!!!

01 July 2017
As we approach the July 4th holiday weekend we are seeing an incredible bull market in the crypto-currency market. As of this writing, Bitcoin is fast approaching the $3000 dollar level!!! Added to that is the number of crypto-currency experts calling for bitcoin to reach $500,000 to $1,000,000 in five years. We have also seen 6 coins that have reached over the billion dollar mark as far as market capitalization. Digital coins like Ethereum, Ripple and Lite coin continue to make large strides in the last several weeks with no stop in sight. The driving force in this market is…

Blockchain Technology will Transform the Agriculture Industry

09 June 2017
With roughly 40% of the global workforce, agriculture is one of the leading job providers worldwide – and the agriculture industry is now using blockchain. According to Agfunder News, many potential distributed ledger agricultural solutions are emerging. This includes startups such as Filament being used to create concepts like smart farms, and SkuChain tracking food through supply chain distributed ledgers. With Filament’s platform, users connect physical objects and existing networks into “wider networks and applications” – making smart farm technology into reliable infrastructure. Smart farms are a form of sustainable agriculture that aims to enhance our environmental quality, integrate technology…

Japan's Largest Bank to issue its own Digital Coin

12 May 2017
The Mitsubishi UFJ Financial Group (MUFG) is reportedly planning to turn a majority-owned credit card unit into a wholly-owned hub for managing digital currencies. According to a Nikkei report, Japanese megabank MUFG is set to position a major credit card unit into a hub for digital currencies and payments in preparation for a societal shift to cashless payments through digital currencies and digital wallets. MUFG holds an 85% stake in major Japanese credit card issuer Mitsubishi UFJ Nicos, with the remaining 15% owned by Norinchukin Bank, a Tokyo-based bank that primarily services agricultural cooperatives. According to the report, MUFG will…

Bitcoin hits all time high's as institutional investors get involved

04 May 2017
Bitcoin exchange markets of the US and Japan, which control over 66 percent of the global bitcoin exchange market with a combined daily trading volume of $246,7 million, have led bitcoin price to its new all-time high once again, at $1,567. According to various bitcoin exchange data market providers, with the exception of China, four of the five largest bitcoin exchange markets and their trading platforms have demonstrated a relatively stable trading value at around $1,560 in the past 24 hours. In actuality, it can be argued that bitcoin price is currently being undervalued by the global exchange market due…

Britain's Chancellor says that Blockchain will be the next Industrial Revolution

19 April 2017
Fintech or blockchain will change the way people do business and how they access their money, according to Philip Hammond, Chancellor of the Exchequer. While speaking at an inaugural International Fintech Conference in London, Hammond said that FinTech had the opportunity to fundamentally transform the structure of the world economy and how we live our day-to-day lives. He said: FinTech will transform the way we live and do business. Whether it is cashless transactions between friends, sending remittances to family in other countries or apps that automatically invest savings at the best rates, FinTech provides consumers with better services, more…

Bitcoin Price to $500,000!! says Snapchat's first Investor

11 April 2017
Hold on, investors – you haven’t seen anything yet! According to Peter Smith, Blockchain CEO/co-founder, and Jeremy Liew, Snapchat’s first investor, bitcoin’s price could hit $500,000 by 2030. The pair made their case for this projection to Business Insider. There are several factors behind this projection. Factors To Consider Remittance transfers are one reason. Bitcoin transfers to foreign countries have nearly doubled in the past 15 years and account for 0.75% of GDP, according to the World Bank. The duo claim bitcoin-based remittances will increase sharply as awareness builds. Political uncertainty in the U.S., the U.K. and developing nations is…

Bitcoin value tops gold for first time

03 March 2017
A unit of the digital cryptocurrency Bitcoin has exceeded the value of an ounce of gold for the first time. It closed at $1,268 on Thursday while a troy ounce of gold stood at $1,233. The current high is being attributed to surging demand in China, where authorities warn it is used to channel money out of the country. But the closer scrutiny from Beijing only briefly sent the currency lower. After it had soared to record highs in January, it has since picked its steady rise in value. Bitcoin is attractive to some users because of its anonymity, as…

$500 Million Dollar Filing for Bitcoin ETF on NYSE

24 January 2017
Grayscale Investments LLC, a wholly-owned subsidiary of Digital Currency Group, Inc., recently filed to list its Bitcoin Investment Trust (BIT) on the New York Stock Exchange (NYSE) in a $500 million initial public offering, according to a Securities and Exchange Commission (SEC) filing. Shares of the trust, which have traded over the counter, have traded at a premium to the bitcoin price, according to Marketwatch. The trust, which launched in 2013 and exclusively invests in bitcoin, is one of the few options available to institutional investors who seek to exposure to bitcoin. BIT began trading on the OTCQX market May…

People across the world look to Bitcoin as an alternative

21 November 2016
Across the world, unaccountable, unelected, bureaucrats, continue to mismanage their nations’ money in numerous ways at a high cost for the people. The most striking case is in India. It is difficult to imagine waking up one morning to suddenly find out that 85% of your money is not actually money any longer, but that is exactly what happened at one of the most populous country on earth, where, what the day before was worth 500 rupees or 1,000 rupees, around $7 and $15, was instantly declared worthless. The decision was made in complete secrecy, according to the Times of…

Crypto-Currency Leaders reach Agreement on Blockchain Governance

03 September 2016
Prominent leaders in the blockchain space have formed a new group with the aim of promoting blockchain’s use cases, increasing collaboration within the industry and addressing blockchain governance. According to a newly published ten points agreement participants state that despite the blockchain being a decentralized technology: “Like-minded people and groups can self-organize to voice their valuable perspectives, collaborate and solve problems in a bottom-up, multi-stakeholder fashion. Especially as the Internet Provides new means and mechanisms to do so.” The agreement is the result of a meeting between 16 prominent blockchain experts and industry leaders at the family compound of Don…

Citi Corp. releases report on the crypto-currency market

20 July 2016
Citi Research released a 56-page report on bitcoin saying that it is not going to disrupt banks or credit card networks. It says there will be increased transaction costs for bitcoin to provide increased volume. As for the use of bitcoin in remittance payments, it says bitcoin’s advantage dissipates when the “last mile” cost of converting to fiat currency is considered. The report notes the growth of bitcoin mobile apps in developing countries but sees regulations rising that put them in question. It claims existing payment systems are generally efficient. The report also talks about Ripple and Ethereum as well…

JAVC Enterprise Trading Platform

19 July 2016
In an effort to keep our coin holders up to date on a regular basis JAVC Enterprise will send you a progress report every 60 days or so. Of course you are more than welcomed to call us at any time. As we move forward the "JAVA coin" continues to looks to cement various relationships that will enhance the value of the coin. JAVC Enterprise are in discussions with large and small coffee retailers, coffee plantations in south and central America and roast houses here in the U.S. As you know JAVC enterprise has two contracts in place with plantation…

JAVC Enterprise on Track with Agreements to Major Coffee Retailers

06 May 2016
JAVC Enterprise's marketing group has started the process of marketing the "JAVA COIN" to several worldwide coffee retailers. In our continued effort to make the JAVA COIN a valuable digital coin in the worldwide coffee market, JAVC has reached out to several large international coffee retailers. Some of the retailers include companies like Gloria Jeans of Australia, Bewley's of Ireland, Caribou Coffee of Minnesota and The Coffee Beanery of Michigan. We will also start the process with Tim Hortons of Canada, Starbucks and Dunkin' Donuts. JAVC Enterprise's marketing efforts will result in a new way to purchase coffee products worldwide,…

Russian venture capital firm launches Blockchain Investment Fund

15 April 2016
Life.SREDA hopes to raise US $100 million from middle-size banks for blockchain development in banking by the end of 2017. According to Financial News, Life.SREDA, an international fintech venture capital with offices in Moscow and Singapore, teamed up with financial technology expert Chris Skinner to develop blockchain startups. Blockchain Investment Fund hopes to raise US $50 million by the end of the year and additional US $50 million by the end of 2017, Life.SREDA having already invested US $5 million. The managing board of the new fund includes also Thomas Labenbacher, previously employed by Fidor Bank and Western Union, who…

IBM Leads Blockchain Activity

01 April 2016
IBM has led efforts to adopt blockchain technology to multiple industries with several newly-revealed initiatives and commitments, CCN reported. The tech giant has so far taken a focused, incremental approach to blockchain starting with “shadowchain,” an application for the tech giant’s global finance division. IBM Global Finance (IGF) sends out 2.9 million invoices and works with 4,000 partners in lending about $44 billion annually. The business manages around 25,000 disputes a year that can tie up $100 million at a given time. The shadowchain can record events in the lending process to avoid unneeded delays caused by disputes. The blockchain…

Expect Bitcoin Price to Reach US$1,200 or More Next Year, Experts Say

04 March 2016
Forecasting the price of any asset is a tricky thing. Estimating the price of wildly fluctuating Bitcoin, which is much more than just some financial instrument, is nearing almost magic. One day it can shoot up by 10% just to see it fall 5% following day. Is this volatility a reason for disinterest in the future price direction and levels? CoinTelegraph.com doesn't think so and have asked experts for their opinion with two questions: Where do you think the price of Bitcoin (BTC:USD) will be as of 12/31/2016? What could be the biggest drivers for the Bitcoin market next year?…

JPMorgan Begins Blockchain Trials

08 February 2016
Banking giant JPMorgan Chase has begun the trial of a blockchain project that may prove to be a landmark endeavor in bringing cost-cutting and easier trading to the banking industry. The blockchain project is facilitated by the bank’s collaboration with blockchain-startup Digital Asset Holdings (DAH). The largest bank in the United States by assets – JPMorgan Chase has begun a trial project that utilizes blockchain technology, in collaboration with New York-based blockchain startup Digital Asset. The two companies are looking to introduce distributed ledger or blockchain technology to the current financial industry. One of the immediate uses of the trial…

JAVC Enterprises signs second Independent Contractors Agreement

16 January 2016
JAVC Enterprises announced today that they signed a second Independent Contractors agreement. This agreement is with CEMSCO S.A. in Costa Rica. This agreement allows JAVC Enterprise to market their raw coffee to roast houses in the U.S. CEMCO S.A. has already agreed to use the "Java Coin" as payment for coffee. JAVC Enterprise is also in talks with several other plantations in South and Central America. Starting in February JAVC Enterprises plans to start marketing coffee to the various roast houses in the U.S. This will create good relations with coffee vendors thereby paving the way for them to accept…

JAVC Enterprise signs Contractor Agreement

16 December 2015
JAVC Enterprise announced today that they have signed an Independent Contractors Agreement with "Los Nubios Azul" a coffee plantation in Mexico to market its popular "Altura raw coffee" to roast houses in the U.S. The altura coffee is known for its ability to resist and fight off bacteria that seems to plague Central and South American coffee growers. JAVC Enterprises is very excited about the possibilities of developing purchase agreements with "roast houses" in the U.S. and also create agreements for the use of the "Java Coin" as payment in these coffee orders. JAVC Enterprises continues to move forward in…