Categorized | Stock Profiles

CCTL (Coin Citadel)


Share Button

ccdlCoin Citadel (CCTL) is a development stage company who currently operates the oldest and most established Bitcoin trading platform, known as Bitcoiner7, to facilitate the exchange of bitcoins between individual and businesses internationally in a secure cyber marketplace.

In simple terms, bitcoin is virtual money or cryptocurrency that is acquired through a process calling mining, but there is a limit. There are currently 21 million bitcoins available worldwide that cannot be created again once all of them are mined, as that fixed amount will continue to circulate. To date, only 11.7 million bitcoins have been mined and has developed a value of $333 USD per digital coin however some market analysts estimate the value to reach $1,500 in the near future.

Pending license approval, CCTL will launch in the United States as a functional Bitcoin exchange that will permit buys and seller to efficiently and safely exchange bitcoins. In connection with their website, www.Bitcoiner7.com, the company will also operate a Bitcoin ATM where members will have the opportunity for ATM/cash conversion and withdraw at their convenience.

 

Symbol: CCTL [ Current PPS: $0.085 Outstanding Shares: 89.3M Float: 256.7K – a/o April 20, 2015 ]

ccdl-CHART

Website(s): www.coincitadel.com

 

Market

  • Bitcoin is a peer-to-peer payment system/digital currency that can be utilized to purchase merchandise and make international payments.
  • Small businesses are said to like bitcoin as payment as they can avoid credit card fees or the transaction fees are lower than the average 2% – 3% typically imposed by the credit card processor.
  • The Bitcoin industry is currently valued at $12 billion
  • There are only 21 million bitcoins available worldwide however only 11.7 million have been mined thus far.
  • Bitcoins have an estimated current value of $333 USD per digital coin however some market analysts estimate the value to reach $1,500 USD in the near future.
  • Companies such as Dish Network Corp (NASDAQ:DISH), Expedia Inc. (NASDAQ:EXPE), and Overstock.com Inc. (NASDAQ:OSTK) currently accept bitcoin as a form of currency.

 

Get Updates on CCTL and other Hot Penny Stocks by Signing Up to our 100% Free Email Newsletter!

This post was written by:

- who has written 2169 posts on StockRockandRoll.


Contact the author

Comments are closed.


© 2020 MJ Capital, LLC | All rights reserved