Running Bulls on BITCOIN SERVICES I COM USD0.001(OTCMKTS:BTSC)

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BITCOIN SERVICES I COM USD0.001(OTCMKTS:BTSC) has been making a strong comeback over the past 2 days as cryptocurrency markets have recovered across the board. The stock has seen a spectacular rise in 2017 from tiple zero lows last year to recent highs of $0.207 per share as the price of Bitcoin explodes! Over this time period trading volume in BTSC has skyrocketed propelling this one to the top of the OTC volume leaders. Earlier this year the Company said it began mining Monero in the 1st quarter of 2017. Monero is currently one of the top digital currencies that has exploded over $150 a token after they got listed in South Korea.

BTSC is up as Bitcoins price has recovered in recent days. The cryptocurrency markets had collapsed in recent weeks as well as the price of Bitcoin after China announced a ban on on initial coin offerings (ICOS) in early September. Bitcoin hit a low of $2,981 after news on September 15 that bitcoin exchanges were shutting down following directives from government officials but has been rallying since then surpassing $4000 again yesterday according to CoinDesk’s Bitcoin Price Index.

BITCOIN SERVICES I COM USD0.001(OTCMKTS:BTSC) is focused on bitcoin mining as well as blockchain software development.The market for these services and products is worldwide, and sold and marketed on the Internet. The company has created a new subsidiary Crypto Capital Corp that will develop a new Crypto currency wallet that lets users safely store multiple digital currencies in one wallet.

BTSC is focused on bitcoin mining which is legal and is accomplished by running SHA256 double round hash verification processes in order to validate Bitcoin transactions and provide the requisite security for the public ledger of the Bitcoin network. The speed at which you mine Bitcoins is measured in hashes per second. The Bitcoin network compensates Bitcoin miners for their effort by releasing bitcoin to those who contribute the needed computational power. This comes in the form of both newly issued bitcoins and from the transaction fees included in the transactions validated when mining bitcoins.

Bitcoin is the new digital currency based on the blockchain technology that has taken the internet by storm and continues to make fantastic new highs. Smart Investors know this is just the beginning and Bitcoin is one of the most important advances in recent years.

The Company is also involved in Blockchain Software Developement which provides a tamper-proof data structure, providing a shared public ledger open to all. The mathematics involved are impressive, and the use of specialized hardware to construct this vast chain of cryptographic data renders it practically impossible to replicate.

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All confirmed transactions are embedded in the bitcoin blockchain. Use of SHA-256 cryptography ensures the integrity of the blockchain applications – all transactions must be signed using a private key or seed, which prevents third parties from tampering with it. Transactions are confirmed by the network within 10 minutes or so and this process is handled by bitcoin miners. Mining is used to confirm transactions through a shared consensus system, and usually requires several independent confirmations for the transaction to go through. This process guarantees random distribution and makes tampering very difficult.

BTSC offers the bitcoin escrow service whcih acts as a neutral third party between buyer and seller when doing business online. An escrow service is specially needed when making payments, buying things online, doing bitcoin exchanges on forums and similar. Since bitcoin transactions are irreversible many use escrow services. An escrow service provides safer transactions by holding buyer’s coins in escrow which are released after both parties are satisfied. Some services also offer dispute resolution/mediation within escrow service. An escrow service protects seller and buyer.

On August 10 BTSC announced it launched a new corporate website bitcoinservicescorp.com. The company is also pleased to announce their earnings on August 14, 2017. Bitcoin Services Inc began the mining of Dash in the 1st quarter of 17. Dash is Digital Cash You Can Spend Anywhere. Dash can be used to make instant, private payments online or in-store using our secure open-source platform hosted by thousands of users around the world. In addition, Bitcoin Services Inc. has created a new subsidiary Crypto Capital Corp (cryptocapitalcorp.com) that will develop a new Crypto currency wallet. The wallet will let users safely store multiple digital currencies in one wallet. Bitcoin Services Inc. would also like to congratulate all Bitcoin users for reaching a historic all-time high on August of 2017.

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Currently trading at a $51 million market valuation BTSC has few assets or revenues and rising debt. But BTSC is an exciting story developing in small caps that is focused on bitcoin mining as well as blockchain software development and the Company recently announced they are mining Dash as well as Monero. As the cryptocurrency markets continues to ride high BTSC should continue to attract new Investors. A breach of the $5000 mark and bitcoin could go parabolic again and take any bitcoin related stocks with it. We will be updating on BTSC on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with BTSC.

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Disclosure: we hold no position in BTSC either long or short and we have not been compensated for this article.

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