Share issue via blockchain: Overstock leads the way

Online giant Overstock announced during the International Futures Conference that it will issue its own shares via the tØ Blockchain platform.

Launched in August 2015, the tØ Blockchain platform aims to revolutionise asset trading and transaction by issuing shares and bonds as digital and blockchain-based assets.

According to company statements, Overstock intends to issue the shares in two different ways: the traditional way (Nasdaq) and the tØ Blockchain.

Overstock’s Cryptocurrency Manager Judd Bailey pointed out that 100% of the Blockchain shares are traded, transferred and recorded via the Blockchain and are therefore processed entirely via the decentralised account book.

Bagley says in a crypto trader interview with CoinDesk

„We have tested the security of the crypto trader output several times and we can say with a clear conscience that the output is secure and fully meets the SEC’s high standards“. Read more about it: Is Crypto Trader a Scam? Beware, Read our Review First

Bailey referred once again to the July 2015 test in which the $5 million Cryptobond was issued via the blockchain. At the time, CEO Patrick Byrne and the New York-based trading company FNY Managed Accounts were involved in the test. They successfully demonstrated how financial instruments can be digitized and settled via the blockchain.

Overstock will use an eligible ledger to issue the tØ share, but the transactions will be batched and hashed on the Bitcoin blockchain due to the transparency.

In total, Overstock will issue 1 million Blockchain shares with a total value of $25.29 million.

„We have chosen 1 million shares because this is a significant size to prove the concept,“ said Baily.

Two different markets

Due to the issuance on two different markets, it can happen that the value of the share differs on both markets.

For example, there is no link between the blockchain stock and the stock that is issued in the traditional way. Traders can therefore trade the stock on two different markets.

So far Overstock has not publicly announced a precise timetable.

Author’s comment (Mark): „I must say Overstock has real eggs. Already in the past we have heard a lot about the retail giant from the USA. Overstock was one of the first large companies to decide to accept Bitcoin as a means of payment and has had a close relationship to the digital currency ever since. CEO Patrick Byrne has become a true pioneer in the industry. I look forward to seeing which companies will follow suit after the hopefully successful launch“.

More experience with the Bitcoin code

Since then, the share price of cryptocurrency Bitcoin has risen so rapidly in 2017 many people have earned worldwide millions of dollars and euros. Unfortunately, this also attracts dubious offers over again, because just ignorant can be by this success, which was widely advertised in the public media glare. The Bitcoin code is such a less serious offer, which is usually brought about by e-mail advertising and spam at the man.

Our view Bitcoin price recommendation

The Fast money you can earn with cryptocurrency indeed, but heard here for a fortune and also capital and risk tolerance to it. The knowledge one should also learn – what is possible in part with online courses. Unfortunately, the Bitcoin is often referred to as software code as cheating, why you should resort to alternative methods. The Bitcoin online course would be more appropriate for beginners.

To this end, the following programs offer:

  • earn money Bitcoin
  • Bitcoin online course

What are crypto currencies?

bitcoinThere are different crypto currencies that are at a premium. In crypto currency is money in digital form. Bitcoin and Ethereum are among the best known. Here there are now countless more. They all operate on the principle of cryptography. That is a distributed, decentralized payment system is to be realized, which is particularly safe. Unlike usual money cryptocurrency like Bitcoin but scooped up by private. This distinguishes the cash of central bank money and makes it independent in some way. Although crypto money part is still controversial, it is becoming increasingly popular – large companies and a number of individuals are now behind it.

In 2009 Bitcoin was touted as the first crypto money and has since developed rapidly. Over the years, other currencies were added, so that over 3000 crypto currencies in use. 100 of these crypto currencies make a mind daily trading turnover of more than 1,000 US dollars. But the specialized cryptocurrency website Cointelegraph reported that the trade volume of Bitcoin Cash is estimated total there with 3.1 billion US dollars.

55 percent of the trading volume at all due to South Korea. All these figures provide plenty of scope to make money. You should know to acquire by legitimate programs or courses and then start small on the respective platforms. The Bitcoin code is not suitable as an entry as has been shown.

Our view Bitcoin price recommendation

If the Bitcoin code scam?

Supposedly up to 13,000 Euro Code can be earned within a day of the Bitcoin. Strange about the whole thing – the candidate for the Bitcoin code should be free. However, it has found out that a sham behind it. the interested money should be taken out of the pocket by abuse of binary options. can make money is so unfortunately not.

On regulated platforms such as Plus 500 or eToro you can trade CFDs, however, serious and, for example, try on a demo account. When trading with real money, of course, the capital is at risk. Plus500UK Ltd is authorized and regulated by the Financial Conduct Authority (FRN 509909). It is just like eToro is a leading CFD provider with whom dealing in stocks, forex, indices, commodities, currencies and ETFs crypto is possible.

Sven Hegel is set in the Bitcoin code in the center. This is a fictional person who allegedly has his success with the Bitcoin code. In English the person is, namely Steve McKay, who is said to have invented the program. Moreover, it is in the photo to a stick image. Many rogue Bitcoin Trade systems have appeared on the German and international market since the share price so strongly went upstairs. It is often said in such fraud mails:

Hey I have just one question for you: Do you earn even money with Bitcoin?

So many people earn money with Bitcoin already and I’ve always thought you might have missed something? Is there perhaps something past me?

Now I earn Bitcoins with over 10,000 EUR per month and this is only my second month.


Provider page and more

The people behind Bitcoin code make use of such advertising messages:

I spent a week without waiting to hear from you about the BitCoin Invitation!

I do not see any activity on their account until now although I have called you a week and written emails.

Please take action now or give me about it so

I can pass along the invitation to the next in the list.

As address is specified as follows:

Oliver Gross

Mobile: 1-438-396491952

Toronto, Canada

Skype: Skype plugin is missing

More experience with the Bitcoin code

On the provider’s website even many supposedly positive experiences with the program or club will be presented. However, this we could not verify. Most likely they are to make the Bitcoincode in a better light, and so the visitor convince to make. Evidence suggests that the same people will be provided with another name in the English version, which again points to the deception. To this end, the editorial staff has looked at the English website. Partly advertised with videos of happy users – the nice lady but is also associated with other dubious or less reputable programs.