Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Cici Lee on June 15, 2020, 11:56:03 AM

Title: BitOffer:Dual Currency, a floating return for Bitcoin new era
Post by: Cici Lee on June 15, 2020, 11:56:03 AM
Central Banks have pumped unprecedented funds into the global financial system since the 2008 financial crisis. This also leads to the huge differentiation of wealth distribution, which has gradually evolved into a severe systemic risk. Just a few months ago this risk was on the verge of breaking out, as the US went on a dollar printing spree and the world would be affected.

Since 2008, the Fed has printed over $3.3 trillion

Forced to take extraordinary measures to deal with the crisis 11 years ago, the Fed capped a period of central bank intervention in the markets, including through aggressive purchases of US Treasury bonds. Quantitative easing (QE), the term coined because of the demands of the era, forced governments to keep markets liquid through various means.

(https://cdn.pixabay.com/photo/2017/09/08/21/20/bitcoin-2730220__340.jpg)

The risk is more than just a general recession. It will be more dangerous than people think. Such a potential recession would hit not just ordinary investors, but the financial system as a whole. This could trigger an extreme inflation crisis. Under such circumstances, the emergence of emerging assets, represented by Bitcoin, seems to have become the only way for normal income groups to protect themselves against such a potential crisis.

If the global economic crisis comes on the day, our wealth is likely to fall sharply overnight, most small and medium-sized enterprises are more difficult to survive in the market, the stock price loses support, will naturally fall sharply. As a result, bitcoin doesn't get pummeled by artificial shocks in the same way that bonds do in a short period.

With a fixed number of bitcoins in circulation, and without the inflationary impact of dollar printing, bitcoin could be considered as the future's equivalent of gold. There is a lot of room for appreciation, but one thing I can say for sure is that the current global financial system is going to change dramatically over the next few years, and Bitcoin could be an important part of that disruption.

Are you ready to join the club of 20 million members worldwide? Time will bring us to witness the arrival of this great era.

(https://cdn.pixabay.com/photo/2017/11/14/09/51/bitcoin-2947949__340.jpg)

What is BitOffer Dual Currency?

Dual Currency Product is a non-principal protected investment product with a floating return. The yield of the product is secured at the time of purchase, while the currency in which the product will be settled changes depending on how the Settlement Price compares with the Linked Price. A short-term investment product, Dual Currency could potentially provide a very high return. We have also designed it with a selection of tenors, catering to your varying risk appetite.

In this way, we can realise that Dual Currency is a product that enables investors to earn a stable profit from the cryptocurrency market. Even its profit seems to be higher than holding tokens on spot trading market, but unlike leveraged trading, the risk is much lower.
Here is an example of investing Dual Currency:

Let's take a look at how the Dual Currency - USDT Product works:
Here we have a product with the parameters as follows:
Linked Price: 8,000
Expiry Date: 10-Apr-2020
Yield: 5%
Investment Currency: USDT
On 06-Apr-2020, John bought 10,000 USDT notional of the above product.
On 06-Apr-2020

If BTC rallies between April 6 and April 10, and the Settlement Price is above 8,000 USD, John receives his original investment + 5% yield in USD. Therefore, he receives 10,000 + 5%*10,000 = 10,500 USDT.

If BTC weakens against USDT between April 6 and April 10 and the Settlement Price is at or below 8,000 USD, John receives his original investment and 5% return in BTC. Therefore, he gets 10,000/8,000 + 10,000/8,000*5% = 1.3125 BTC.

Simply put, it is guaranteed that John will get a 5% yield on the expiry date. The only uncertainty is whether he will receive it in BTC or USDT, depending on where BTC/USD stands on the expiry date.

(https://miro.medium.com/max/1024/1*n7NaVREkDDB-OByx2hP7xw.jpeg)

Join BitOffer with referral ID 007RTX to get 50 bonus.
- https://www.bitoffer.com/en

Title: Re: BitOffer:Dual Currency, a floating return for Bitcoin new era
Post by: Hugo Barbosa on June 16, 2020, 10:41:06 AM
The Bitcoin chart wins a Hammer on the daily. It is time to trying something new.