Get your Bitcoin here - Stock BITC jumps 3,000 in Debut - CNN iReport

1/13/14 12:13 AM

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Get your Bitcoin here - Stock BITC jumps 3,000 in Debut

By ProfessorAl | Posted 13 hours ago | New Haven, Connecticut

About this iReport

Not vetted for CNN
Posted 13 hours ago by ProfessorAl Follow Location New Haven, Connecticut

17

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Phenomenal stock rises happen on occasion and this week there have been two such phenomenons. First of course if the biotech ICPT $ICPT. An increase from just $5 to almost $500 in a matter of two days is unprecedented; and it will likely continue to go higher. Imagine what could happen when a Cancer drug is approved. I have no seen a solid move like this since the Volkswagen short covering back in 2009. Next is something I love to follow and that is Bitcoin. This week a pennystock had jumped well over 3,000% with a majority of that in just one day, BITC or $BITC Lucky they left th H off the end, otherwise women groups would be filing class action lawsuits. BITC jumped because it just opened up as a new ticker symbol that resembles Bitcoin, or is there more to the story? Apparently there is more to

http://ireport.cnn.com/docs/DOC-1074434?ref=feeds/latest

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Get your Bitcoin here - Stock BITC jumps 3,000 in Debut - CNN iReport

1/13/14 12:13 AM

the story as this former gold mining company has decided to take another route, mining of Bitcoins and even better creation of a true Bitcoin and litecoin
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exchange. This exchange is opening on February 1st, a Saturday which oddly enough is an active day for Bitcoins. BITC executives have amassed a sizable fortune of Bitcoins, an estimated 550,000 BTC to be exact. With this kind of stockpile it is no wonder they are creating this exchange for they have ample supply to meet any demands. However it has not been reported who they have teamed up with to create this exchange. Cameron Winklevoss and Tyler Winklevoss have reportedly bankrolled and partnered to create an exchange that will yield the greatest number of Bitcoin transactions ever. With the constant threat and hassle of other multiple denomination exchanges it all makes sense. Winklevoss twins have stated they are waiting approval to open an ETF (which you must have min. $50k investment to belong to this Ivy League fund) but wanted to create more liquidity and lessen the volatility. Exchanges are an easy way to create an income stream. If they are successful in the opening of the exchange then one can expect BITC to be creating value at upwards of $3,000,000 per month. Thats not too shabby for a company revising their methods and creating a shareholder value. They have partnered with true entrepreneurs and have already created a solid cushion of funds, after all, 550,000 bit coins goes a long way and this stock pps has a long way up to go before it reaches its true value.

TAGS: bitcoin, millionaire, btc, bitc, rising, twins, stock, winklevoss, currency

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PaidBasher
44 minutes ago

Sometimes I bash stocks in the name of a scambuster on stock fraud boards. I'm probably shorting or need cheap shares. I want to save you Report violation

http://ireport.cnn.com/docs/DOC-1074434?ref=feeds/latest

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Get your Bitcoin here - Stock BITC jumps 3,000 in Debut - CNN iReport

1/13/14 12:13 AM

SmokeRocks
55 minutes ago

Hi, I missed the 2400% run and I was wondering if there is anyway I can travel back in time and buy before the run. No? I can't? Can I login to an internet site and post negative things in hopes of... Read more Report violation

BITC
1 hour ago

It is very sad that this kind of unverified information makes its way to such a respected site as CNN.com The author calling himself Professor Al, of this article has NEVER contacted BITC, nor interviewed anyone in BITC, and he was NOT hired to write on the company's behalf. No one from BITC provided to him such information on the amount of bitcoins owned by executive of BITC. Indeed BITC is planning to launch a crypto-currency exchange in the near future, however, no exact launch date has yet been set. Professor Al is unknown to BITC and was NOT compensated in any way from BITC or its executives. BITC has made a strategic decision to enter the Bitcoin arena in an effort to consolidate this blooming industry, acquire new technologies and develop new ways consumers can utilize this new currency. Please wait for company press releases and do not act on these rumors. Less Report violation

hdogtx07
1 hour ago

Welcome to Bitcoin Exchange, operated by Grand Pacaraima Gold Corporation a publicly traded company (BITC) BITC ticker worth $$$$ pps wise... BITC official bitcoin stock blowing up! They... Read more Report violation

PaidBasher
1 hour ago

I'm short or cheap so I have to come here and tell you what a scam this is. Report violation

Gregg1DC
1 hour ago

Bitcoin is on fire right now. This is the perfect time to have the publicly traded company. BITC If you are an investor, I feel like this is the one to be in right now. Report violation

diescams
2 hours ago

This article is complete bullshit. Winklevoss twins, 550,000 bitcoins. Thanks for the laugh. This article and its author has been reported to the SEC for intentionally spreading false, made up information to pump a penny stock. The article has been saved and archived because I expect CNN to remove the article and ban this ireporter within 24 hours after fact checking the article and... Read more Report violation

http://ireport.cnn.com/docs/DOC-1074434?ref=feeds/latest

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Get your Bitcoin here - Stock BITC jumps 3,000 in Debut - CNN iReport

1/13/14 12:13 AM

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