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Business Club Aims to Get a Million Users in a Year 101

Disclaimer: The text below is a sponsored article that was not written by journalists.

How can you grow your blockchain project to a million users by the end of 2020, and five million by the end of 2022? It’s simple, says CEO of blockchain startup Business Club Tim Odermatt: with intense campaigning, along with their solutions, success is inevitable.

“We are first company ever on the market to combine debit cards issuing cryptocurrency wallet with a social network, all based on our blockchain and supported by our own cryptocurrency,” he says.

Sure, millions of users within such a short timeframe may sound hard to achieve, but Odermatt believes that “the possibilities are unlimited, and our goals are within our reach.” By offering an Active Wallet that generates passive income for their native Business Club Token (BCT), which supply is capped at 720 million tokens, the project is currently working to obtain a license from the Financial Conduct Authority (FCA), a financial regulatory body in the United Kingdom, as well as from the Electronic Money Institutions (EMI) in Malta. This will pave the way for them to start issuing VISA payment cards by the third quarter of the coming year.

While intense campaigning may do the trick for getting people on board, once you read up on the project, you might want to help them along yourself. The Business Club has a seven-level commission system, increasing your profits whenever you recommend the Active Wallets system to other people. The more people you have on your downline, the more passive income you’re generating. This also means there are six different account tiers you can achieve on the platform according to the state of your downline, and the rewards are increasing amounts of team bonuses, from 5% to 25%.

During pre-launch mode, you will need a referring number to register: 161128601154

If you’re afraid you won’t be able to participate, fear not: Odermatt says that the project has been global from its very inception, and the website is available in 17 different languages. Although the launch is mostly aimed at EU and Asian countries, “we have US strong kickstarter prepared for 2020,” he explains.

If you’re looking for a blockchain-based ecosystem that is tailored towards businesses and success-oriented individuals alike, Business Club is the solution for you. With blockchain guaranteeing security, immutability and transparency in terms of transactions, once you open an Active Wallet through the project, you will automatically gain access to your social network profile that you can use to get in touch with similarly-minded people and grow your network by talking to them through a fully encrypted chat.

The BCT coin powering the infrastructure will be available for purchase through the project’s Active Wallet directly, as it is minted through every purchase instead of on a schedule. Once the supply reaches its cap of 720 million tokens, minting will stop, and after a two-week period it will go live on both the integrated and external exchanges. The coin will be worth one US dollar at launch, but the team estimates manyfold growth over time, in part thanks to the limited supply, even to the point that they expect BCT to enter the top 20 coins by market capitalization. BCT transactions won’t leave you destitute: at a transaction fee of 0.25% which is set to drop to 0.005% once the supply cap is reached, you’ll be free to transfer funds as much as you want to. Stay tuned for more information so you can get in on the fun before the rush starts!

Visit Business Club to register!
Referring number needed during pre-launch mode: 161128601154

Click here to download Android app.
Apple app to come soon!

Business Club , 2020-01-04 10:51:00 ,

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NewsBlock © 2019 - 2020 All rights reserved.

NewsBlock © 2019 - 2020. All rights reserved.

While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals.

Related Reading: Analyst: Bitcoin Price Likely to Fall to Low-$8,000s as Chart Remains Weak

A brief aside: A fractal, in the context of technical analysis and financial markets anyway, is when an asset’s price action is seen during a different time. This form of analysis isn’t that popular, but it has proven to be somewhat valuable in analyzing Bitcoin.

One recent fractal popularized by a well-known cryptocurrency trader is implying that BTC is going to return to the low-$7,000s in the coming days.

Bitcoin Fractal Implies Retracement to Low-$7,000s

A well-known crypto trader going by “Tyler Durden” on Twitter recently posted the chart below, which shows that a Bitcoin price fractal may be playing out. The fractal has four phases: horizontal consolidation marked by one fakeout, a surge above the consolidation phase, a distribution, then a strong drop to fresh lows.

If the fractal plays out in full, BTC could reach the low-$7,000s again, potentially as low as $7,100. This would represent a 20-odd percent collapse from the current price point of $8,800.

It isn’t only a fractal that is hinting Bitcoin has the potential to visit its lows. As we reported on Saturday, Bloomberg believes that if the GTI Vera Convergence Divergence Indicator flips red, a downtrend could push the cryptocurrency back to $7,300.

Related Reading: Stephen Colbert Pokes Fun at Bitcoin in Monologue: Mainstream Gone Wrong?

Can Bulls Step In?

But again, many believe it is irrational to have such bearish interpretations of the cryptocurrency’s chart at the moment. As reported by NewsBTC earlier, Popular crypto trader Mayne recently noted that the “people waiting for $6,000” are irrational. He quipped that Bitcoin retracing and consolidating after its fourth-biggest bull move in history ($7,300 to $10,500, a 42% gain) is perfectly par for the course, but noted that it’s totally possible we can go lower from $8,800.

The medium-term technicals support this.

Trader and CoinTelegraph contributor FilbFilb found that by the end of November or start of December, the 50-week and 100-week moving averages will see a “golden cross,” which he claims is far more significant” for the Bitcoin market that other technical crosses.

Also, a Bitcoin price model created using Facebook Prophet machine learning found that the leading cryptocurrency is likely to end the year at just over $12,000. What’s notable about this model is that it called the price drop to $8,000 months in advance, and forecasted a ~$7,500 price bottom for BTC.

To put a cherry on the cryptocurrency cake, Crypto Thies observed that when Bitcoin bottomed at $7,300, it bounced decisively off the 0.618 Fibonacci Retracement of the move from $3,000 to $14,000, which correlates with the two-week volume-weighted moving average. He added that summer 2019’s consolidation was marked by Bitcoin flipping major resistances into support levels, implying that a bullish reversal and subsequent continuation is likely possible in the coming weeks.

Featured Image from Shutterstock

Nick Chong , 2019-11-10 12:00:38

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