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Tuesday, 24 April 07:56 (GMT -05:00)



Business And Politics News

How to become a European bank co-owner?


Do you want to get absolutely legitimate access to the EU’s banking system by becoming a co-owner of a European bank to have personal and corporate accounts in your own financial institution? It’s like having a VIP card by VISA or MasterCard with huge discounts worldwide…
 
Actually, enumerating the list of benefits and hidden bonuses for bank co-owners can take a while (by the way, many of those bonuses are hidden from the public eye even in the Internet era). Well, some of you would claim that it’s tempting but costly since buying 2-3% of a bank stock may cost millions of dollars. At the same time, others would respond that it’s actually not that costly thanks to cryptocurrencies and blockchain. They would remind us that The World Bit Bank (WBB) started a pre-ICO in April 2018 with Wibcoin.
 
Are cryptocurrencies worth investing? Strengths and weaknesses for investors

Masterforex-V Academy’s leading expert Oleg Voron says that it’s very important to keep in mind one thing before thinking about investing in any asset out there. In particular, we should always remember that ANY investment is risky to some extent.
 
Let’s take gold as an example. Is it a reliable asset to invest or not? Most people strongly believe that gold is unbeatable and investing in gold is always a good idea. However, all of those who bought gold 7 years ago in April 2011 at $1550/oz are still struggling with losing trades or had to put up with financial losses. The thing is that the cost of CME COMEX gold futures has been fluctuating between $1100/oz and $1350/oz ever since.
 
On the contrary, those who bought Bitcoin 7 years ago at 6-8 dollars per coin have been enjoying at least 10000% profits even at today’s exchange rate of $6800 per 1BTC. This brings us to the idea of a completely new investment era, with different trends based on different algorithms:

a) conventional assets (precious metals, fixed property, blue chips etc.) have been going flat over the last 7 years, with zero or negative profitability rates;
 
a) blockchain-based cryptocurrencies have set new all-time profitability records for financial assets.
 
Are all cryptocurrencies equally profitable and reliable? No, of course not! At least this is what most experts say. So, it’s important to know how to separate the good from the bad, the startups that have potential from fakes. That’s equally important in any field, no matter whether you invest the conventional way or with cryptocurrencies.
 
How do we find decent projects and what’s so appealing about Wibcoin by The World Bit Bank?
 
For those of you who don’t know, Market Leader has launched a new project dedicated to selecting promising crypto-startups among more than 1500 ICOs and pro-ICOs. It’s wise to choose only among those projects that are backed by considerable marketing and legal support and are popular with the market, which gives them high chances of succeeding in the mid-term / long-term perspective.
 
The algorithm behind this selection is fairly simple. Each of our experts creates their own independent TOP10 rating of promising crypto-startups by rating them accordingly (10 points for the first place, 9 points for the second place, and so on). If a certain project appears on the TOP10 with several experts, we start telling you about it.

In April 2018, Wibcoin has been number one. What are the strength of this coin by The World Bit Bank?

First of all, buying a piece of an EU bank is an excellent idea, especially given the fact that the founders are going to create a crypto-exchange, a broker and other elements of the infrastructure backed by the bank. It’s important to note that each of those business ideas can be very profitable over time:
 
Secondly, they have already obtained EU licenses FRK000019 and FVR000027 to legally buy and sell currencies.


Thirdly, the project employs a team of highly-skilled professionals from multiple business fields (bankers, lawyers, experts in CEO, PR, marketing, investing, programming, and so on):
Vladislav Romanenko (Mobile APP development), Maxim Boyko (Mobile APP development), Sergey Kulik (Senior Web Developer), Alina Sysa (Lawyer, banking specialist), Tatsyana Soldatova (Project manager), headed by highly-expericened CEO Igor Romanenko (Founder, CEO - "World Bit Bank"). The project is consulted by Sebastian Forbes (Financial Expert), Victor Chow (Asian Market and Investment Expert), Sriram Venkataraman (Banking, Capital Markets Expert).

On top of that, all of the team members have many years of expertise under their belts, including a successful project named "Vitsolutions" LLC.
By the way, Wibcoin (WBB) is based on the ETHEREUM platform (the ERC-20 standard to be more exact), which is the world’s most cutting-edge technology to date.
All investors get free VISA or MasterCard cards pegged to their WBB Wallets.
Moreover, the project promises an excellent pre-ICO bonus program – 10 to 25% extra tokens.

How to purcahse Wibcoin tokens to co-own The World Bit Bank?
The process is simple and takes up to 10 minutes at most:
 

 

1.     Go to www.wbb.io and by clicking “Buy Wibcoin Token”

2. Sign up and enter your personal area
3. Click “Buy Tokens” and choose your payment method and the amount of ETH to spend.
Plain and simple, isn’t it?
 
The Weaknesses of Wibcoin by The World Bit Bank.
 
At the same time, the experts interviewed by Market Leader warned us about a range of weaknesses (like with most ICOs) which may raise investor concerns. For instance:
 
The website dedicated to Wibcoin names only the positive scenario – collecting 25 million euros (5% will be spent to salaries, and 20% will be spent on the development process (10%) and marketing (10%). However, they don’t mention anything about the situation if they fail to collect the mentioned amount.
 
The next thing is the absence of instant support. If something happens, the investor leaves his credentials on the website and hopes to get some feedback from the bank. Well, this looks a bit weird. There is nothing about prosomal managers for those willing to invest millions in an EU bank.
 
There is no clarification about the rules of the future tokens, which are going to turn into the bank’s stock. Will they be buying back (burning) some of their tokens to raise their value and when?
 
It’s unclear when the team can access their share of the collected capital (25%). Can they do it only when the coin is accepted by international exchanges or only upon collecting 25 million euros?
 
Relatively weak online ad campaigns that make it difficult to collect 25 million euros. It’s easy to check.

 

 

How are they going to collect the required amount of money without being advertised in the media.
 

So, the question is what is the best time to buy Wibcoin tokens? Now or when the drawbacks are eliminated? It’s up to you to decide. There is a rule that reads that the earlier you join in the riskier it is but the more money you can actually make. The more obvious the success of the token becomes to the average investor, the less profitable and risky the investment becomes.

 

 
If you join in during the pre-ICO stage, you get some bonuses:

- 100 - 500 Wibcointokens – 10% bonus
- 500 - 1000 Wibcoin tokens – 15% bonus
- 1000 - 5000 Wibcoin tokens – 20% bonus
- 5000 - 10000 Wibcoin tokens – 25% bonus
 
Pre-ICO World Bit Bank starts on April 27th and closes on June 26th. At the same time, like with any real cryptocurrency, the Wibcoin stack is limited. They say it’s never too late to become who you want to be. Let this ancient wisdom assist you in making the right decision.

 

 

You are free to discuss this article here:   forum for traders and investors

 

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Goldman Sachs Analysts Have Found Global Economic Slowdown

At the point, most representatives of the international expert community are pretty sure that the global economy has been growing confidently for some time. However, Goldman Sachs analysts claim that the global economy is starting to slow down.

 

In February 2018, 7 out of 10 base components of Goldman Sachs' Global Leading Indicator (GLI) dropped a bit. The bullish momentum started weakening and slowed down from 0,249% down to 0,234%. These are the weakest figures since March 2016.

Publication date: 30 March 01:25 AM

U.S. Fed Denies 4 Interest Rate Hikes This Year?

According to Finanz, the accelerated economic growth in the United States may force the federal Reserve to change their mind about raising interest rates 4 times this year.
 
Publication date: 29 March 11:19 AM

Putin Challenges USA

Vladimir Putin has recently presented new Russian weapons. Western experts have been busy discussing them ever since. According to several observers, this move literally means that Putin has challenged Washington.

Publication date: 29 March 10:06 AM

Chinese Renminbi’s Global Currency Status Will Open Chinese Economy to the World

The Chinese government is planning to turn the Chinese Yuan into a global reserve currency in order to make the national economy more open to the rest of the world.  This was confirmed by the People’s Bank of China.

Publication date: 28 March 09:16 AM

Will the USA Impose New Sanctions on Russia in Advance of the Russian Presidential Election 2018?

Not so long ago, United States Secretary of the Treasury Steven Mnuchin promised to announce a new round of the sanctions against Russia within the next 30 days. The question is whether the United States will manage to root against Putin once again before March 18th?

Publication date: 09 March 12:41 AM

Any Brexit Scenario Will Damage the British Economy

In practice, there can be multiple Brexit scenarios, i.e. the scenarios of how the United Kingdom will exit the European Union. Experts say that almost any scenario will damage the British economy to some extent. Moreover, there will be some economic damage to both the UK, the USA, and the EU.

Publication date: 25 December 02:48 AM

The Era of Cheap Money from Central Banks is Over

According to two major investment banks – Citigroup and JPMorgan, the days of cheap money and low interest rates are nearly gone after almost 10 years since the last global crisis. They warn us that major central banks around the globe (including the ECB, for example) are going to start toughening their monetary policies in 2018 at the fastest pace in 12 years.

Publication date: 25 December 02:05 AM

Will Bitcoin Mining Leave the World without Electricity?

It seems like people have been obsessed with cryptocurrencies. While loading up on them like crazy, they seem to have forgotten that everything has a price. When it comes to mining cryptocurrencies, this is all about the growing deficit of electricity. The thing is that all those mining farms consume tons of energy. Maintaining that cryptocurrency infrastructure is rather energy-consuming as well since all of that requires really powerful and capacious hardware, which consumes big amounts of electricity.

Publication date: 04 December 01:04 AM

Brexit and Bank Capital Outflow

Since the Brexit referendum that took place in the United Kingdom last year, European banks have already withdrawn from the UK as much as 350 billion euros. That’s reported to be the official stats provided by the European Union, The Financial Times reports.

Publication date: 30 November 01:52 PM

Fed Will Raise Interest Rate 4 Times in 2018, Goldman Sachs Experts Predict

According to the experts working for Goldman Sachs, one of the largest investment banks in the world, the U.S. Federal Reserve is probably going to raise the key interest rate 4 times next year.

Publication date: 25 November 04:05 AM