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First Bitcoin Capital Corp Comments on Over Exuberant Demand for its OTC Common Shares
First Bitcoin Capital Corp Comments on Over Exuberant Demand for its OTC Common Shares.
About this update from First Bitcoin Capital Corp.
[{"type":"text","content":"August 14, 2017 Vancouver BC, (OTC MARKETS) First Bitcoin Capital Corp (OTC:BITCF) announces that management is concerned that demand for its common shares has reached unrealistic heights.While the company believes that it is the well established leader of all microcap public companies focused on the revolutionary blockchain technologies, and has achieved far greater progress above its pubco competitors, the exuberance for not only our common shares but for that of all in this space is far outpacing performance and realistic expectations. These expectations seem premature if not unjustified.One factor that is greatly exaggerating the drive for cryptocurrency related stocks is the phenomenal performance of Bitcoin (BTC) with top firms calling it the best performing asset of 2017 even before it broke $4000 now at $4200 per coin. The company asks all potential shareholders to carefully consider the high risks involved in speculating in our common stock both in the OTC markets as well as in the cryptocurrency markets and to take note of the fact that all of our inventory of various altcoins while showing great potential are highly speculative cryptocurrencies and illiquid. About First Bitcoin Capital Corp First Bitcoin Capital Corp is engaged in developing digital currencies, proprietary Blockchain technologies, and the digital currency exchange- www.CoinQX.com. We see this step as a tremendous opportunity to create further shareholder value by leveraging management's experience in developing and managing complex Blockchain technologies, developing new types of digital assets. Being the first publicly-traded cryptocurrency and blockchain-centered company (with shares both traded in the US OTC Markets as [BITCF] and as [BIT] in crypto exchanges) we want to provide our shareholders with diversified exposure to digital crypto currencies and blockchain technologies. At this time the Company owns and operates more than the following digital assets under development:www.CoinQX.com cryptocurrency exchange, registered with FinCEN.https://www.omniwallet.org/assets/details/309 Latest Active ICO for Loyalty (FLY)www.altcoinmarketcap.com market capitalization for all cryptocurrencies with up and down voting by altcoin communities.www.Alphabitcoinfund.com world's first crypto ETF.www.strain.ID cannab...