ABOUT US


     

STRIKE BIT CLUB was established on 16 August 2015 in the USA, a group of leading experts who invested in Bitcoin Mining and transformed into a large Trade Coin Club that attracts global experienced Broker in digital currency, Forex and stock exchange to join.

Our strategy is to transform Strike Bit Club into a leading STRIKE BIT community for Coin Trading, Coin Mining and Forex Trading across the world.

On 1 June 2016, the Club was officially launched as STRIKE BIT CLUB known as “Strike Force in Bitcoin Mining and Trading”.

Strike Bit Club aims to expand the global member network and provides the best market information on cryptocurrency as well as investment solutions that make profits from mining and trading off between cryptocurrency and Bitcoin.

Within the last 6 months, Strike Bit Club has built up large Bitcoin mining and trading groups in USA, Australia, England, France, Swiss, Austria, China, India, Singapore and continues to develop multiple programs for attracting investments from other giant markets globally. 




 

     

STRIKE BIT CLUB is an organization that provides an openly connected platform created by those crypto currency mining, trading and exchanging experts around the world. We thereby gained profits from investing, mining, and enjoying the percentage of those crypto currency trading and exchanging.

The business model of Strike Bit Club helps global members to easily participate and win big in the emerging Crypto currency market without setting any software, investing in hardware, or other infrastructure.

 


 

    


SBC MINING: Attract large investments in expanding coin mining plant that has high liquidity and potentiality together with smart software (identify and centralize to mine valuable and high growth rate coin in time and low operational cost).

SBC TRADING: Develop crypto currency trading and exchanging with a single transaction software in order to maximize profits and control risks with strategies:

Buy one crypto currency at low price and sell at a higher price

Manage multiple crypto currencies, buy in when the market increases and sell out when it drops.

SBC gathered world-leading investment and digital currency trading experts in a team. One of our unique advantages is to always grasp the right market trend.

When to keep it safe and balanced.

When to use for gaining profits.

And other organizations, individuals who need us as well as other investors who also enter into various commerce trading with us.





COIN TRADING is a new trend of cash with a daily transaction growing constantly and achieving an average of 200 million USD.

With financial advantages and TRADE COINS experience, we know how to optimize the resources and generate profits from actively entering into Bitcoin trading markets as well as other global-valued digital currencies.

REFERRAL PROGRAM




Joining SBC is the greatest investment that promises great returns for investors and high passive incomes for system developers. 


SBC system is a perfect engine that helps investors to conveniently open an investing account and automatically receive profits.


Featuring a consistent business policy and bonus payment methods, we are committed to bring the highest profits to the investors and an attractive bonus policy at all times. 




 

When becoming a member of SBC, your money will be used for investment in mining and trading digital currencies.


60% of the profit will be shared amongst our members, 20% to reinvest in strengthening SBC’s capabilities and competitive advantages, and the remaining 20% will be paid to the Club Founders and Shareholders, those who excelled to build and lead SBC community to grow globally.


10% of transaction fees will be applied to profit and bonus withdrawal order so as to support the website operation, payment to affiliates, etc. 



Profits will be shared to all members based on the profit ratio which uses algorithms to calculate the following:

- Transaction done

- Bitcoin price

- Number of Bitcoin that SBC is holding

- Number of members to be paid

- Others.

Profits will be shared daily in USD equivalent to BitCoin and send directly to members’ wallet.

Paid at the ratio 0.7-1.3% per day (Get paid 6 days/week excluding Sunday, equivalent to 6%/week and 60%/ 70-days period). Withdrawing from personal BitCoin wallet within 24h.


All investments packages are entitled to profit sharing within 300 working days (300%).

Reinvesting 15%  after each 70-days period is compulsory.







NOTE:

Members are eligible to upgrade their packages at any times and will be added bonus benefits following bonus ratio at the same time.

When members from lower levels upgrade their packages, upper level members will continue to get the revenue bonus.

85% of the binary bonus will be paid to Commission wallet, the other 15% will go to Saving wallet.



 






There are 6 wallets:

- Total revenue : Total bonus income (only visible, not withdrawable)

- Cash wallet: Deposit

- Referral Bonus: Bonus for referring new member (Level 1- Level 10)

- Binary bonus: Weak Pay line bonus

- Rewards: Average profit sharing 1%/ day (amp 0.7--1.3%/day depending on daily revenue)

- Saving wallet : Hold 15% of commission system, intended for:

Upgrading packages

Reinvesting

For 10,000 USD, it is withdrawable at 50%.

 



- Weak pay line revenue reaches 1 million USD

- Individual investment at $100,000

- Direct referral to 100 people

If you meet all three criteria above, you’ll be invited to the Founder Club, become the club’s strategic shareholder, be entitled to profit sharing and financial sponsoring in order to develop the business in your own capability and expectation. 




- You’re the team leader?

- You have a big group?

- You’re a digital currency trading business owner?

- You own a large amount of digital currency?


If the answers to above questions is YES, kindly send us your CV. We will collaborate and work as Shareholder and together we grow. The power of SBC WORLDWIDE LEADERS will help you succeed and achieve your goals sooner.

Mail to: leadership@strikebitclub.com




 

WELCOME TO STRIKE BIT CLUB


 

 
 

PROMOTION



Dear all respectable members,

On the occasion of the global launch of Strike Bit Club and the New Year 2017, we have special offers to all our new members:


- Earn a 10% cashback bonus to your reward wallet for every package joined from Corporation package to higher package (above $1000).


- Promo period is from 26/12/2016 - 15/1/2017.


We wish you all the luck, health, and wealth for the forthcoming year of the Rooster.


If you have any problems with your account in the course of our business, please feel free to contact us at support@strikebitclub.com. We commit to resolving your problem as soon as possible.


Thank you and best regards,

Strike Bit Club.

 


BITCOIN




Bitcoin (BTC, XBT) known as digital currency or electronic cash, virtual cash, hierarchical coding algorithm cash released by Satoshi Nakamoto as an open-source software in 2009.

 

Bitcoin can be used directly through an Internet-connected device without going through a financial institution.

 

 

More information: http://bitcoin.org






BILLIONAIRES TALK ABOUT BITCOIN

WENCES CASARE

BITCOIN is not a currency for a Government; It is a global currency. For the people.”

ERIC SCHMIDT

“BITCOIN IS a remarkable cryptographic achievement and the ability to create
Something that is not duplicable in the Digital world has enormous value.”
 

BILLGATE

“BITCOIN IS EXCITING BECAUSE is Show how cheap it (Financial Transactions) can be.
Bitcoin is Better than currency in that you Don’t have to be physically in the Same place and of course for larce Transactions currency can get Pretty inconvement.”

RICHARD BRANSON

“I think it is working. There will be other currencies like it that may be even better, but in the meantime there's a big industry around bitcoin.
You know, people have made fortunes out of bitcoin, some people have lost money out of bitcoin.”

NEWS

BITCOIN: LONG-TERM BUY

The long-term picture is still clearly positive for the most popular cryptocurrency, despite the recent volatile correction. The major trend channel is still in play, with multiple strong support levels at 945, 925, and 880. The MACD momentum indicator is reaching oversold territory, although it remains on a sell signal as the blue (quick) line is still below the red (slow) line.

As Bitcoin is highly volatile, a spike to 880 is still in the cards, but more aggressive traders could already be looking for buying opportunities. A more conservative approach would be to wait until the short-term trend reverses, and the MACD gives a buy signal.


Ripple Prices Surge to 4-Month High

The price of XRP, the native currency on the Ripple network, surged overnight, climbing to its highest total in more than four months.

XRP reached as much as $0.008288 at 16:44 UTC on CoinMarketCap, which represented a roughly 13.7% gain for the session and the highest price since mid-November, data reveals.

In statements, Ripple gateway operator Rafael Olaio noted that he believes the new boom is a result of the ongoing gains observed in the cryptocurrency market, a development that has coincided with new volatility in the bitcoin market.

Olaio told CoinDesk:

"I think is part of the tide that came to non-bitcoin lately. People are educating themselves about other options."

The operator of a permissioned distributed ledger with its own tradeable asset (as well as other enterprise products), Ripple provides global solutions for financial settlement. The startup has been enjoying growing visibility lately, raising $55m in September.

Further, in October, a dozen banks announced that they had completed several trials testing XRP's ability to provide liquidity to bank accounts across the world.



Source: coindesk

 

Forking is Easy, Maintaining Bitcoin Unlimited is Hard: Andreas Antonopoulos

Bitcoin and security expert Andreas Antonopoulos noted that the execution of a hard fork solution like Bitcoin Unlimited isn’t necessarily the difficult stage of development. The challenging task is maintaining and running the software without coming across major security threats and internal bugs.

Over the past few weeks, an increasing number of miners in China have begun to show their support toward Bitcoin Unlimited. Most notably, Bitmain’s Jihan Wu, who operates the largest mining pool in terms of hashrate, switched to Bitcoin Unlimited and led various controversial discussions over the Bitcoin Core development team’s Segregated Witness and the impact of off-chain transactions on miner profitability.

Chandler Guo, another key figure in the Chinese mining scene, announced his support for Bitcoin Unlimited and told the community that he will personally try to convince other miners within the region including BW and XBTC to join the Bitcoin Unlimited family.

The move of miners in China toward Bitcoin Unlimited and their opposition to Core’s cautious approach toward bitcoin development is separating the industry and community into two.


Probability of hard fork and what comes next

Generally, the vast majority of members of the Bitcoin community believe that the probability of Bitcoin Unlimited being forked by miners is relatively low, despite the support coming from China and the region’s mining pools.

However, Antonopoulos emphasized that the execution of the hard fork is the easy step in the development phase. The more challenging task technically and economically is running the software without causing a negative impact to users, businesses and miners.

So far, Bitcoin Unlimited hasn’t shown and demonstrated the ability to run its software with a level of caution and sophistication Bitcoin requires. Two bugs have already been publicly discovered and the latest bug was fixed in an undisclosed update, which means that the software was altered by a closed group of developers.

The idea that a closed group of developers is running the Bitcoin software is dangerous in theory as Bitcoin Core operates an open community of developers that maintain the Bitcoin protocol. The difference in efficiency is evident as Core has shown its ability to prevent issues from affecting the network while Bitcoin Unlimited developers failed to do so.

Various experts and developers including BitGo engineer Jameson Lopp stated that developers within the Bitcoin industry will never run an unstable software as they are wholly responsible for the stability of the infrastructure and systems they run.

Therefore, if Bitcoin Unlimited is forked and causes multiple-hour down time for miners, developers like Lopp will be made responsible for the damage to users and businesses.

The abovementioned reason is essentially why Bitcoin exchanges including Bitstamp, Bitfinex and BTCC are considering the Bitcoin Unlimited token as an altcoin or an alt-asset, and not as Bitcoin. For Bitcoin Unlimited to prove the legitimacy of their code and software, the developers need to enable peer review and develop the software with an open community.



Source: cointelegragh

 

Venezuelans Rely on Bitcoin to Survive, Disregard Fiat Completely

For many Venezuelans, Bitcoin isn’t just a financial network or an investment method. In fact, for most, Bitcoin is an important survivability tool that allows residents to support their families.

Bitcoin is one of the very few currencies or assets that is decentralized in nature. Within the Bitcoin protocol and network, administrators or mediators aren’t present and users are wholly responsible for their financial activities.


Benefiting the unbanked

In underbanked regions, Bitcoin is an efficient settlement platform and cross-border payment facilitation tool as it allows anyone to obtain a wallet and start transacting immediately with Bitcoin, unlike banking services that require a certain level of fixed income and lists of identifications amongst other requirements.

Residents in countries like Venezuela are struggling to obtain bank accounts and utilize financial services to either receive or send money to and from abroad. In fact, it is actually purposeless and insignificant to own a bank account in Venezuela because cash or government-printed money has been rendered worthless in a period of months.

Currently, Venezuelans are suffering from strict capital controls and hyperinflation rates as a result of the country’s economic and financial demise. Families are desperately trying to find basic necessities such as food, medicine and clothes in order to prevent their family members from dying of starvation, dehydration and sickness.

Hyperinflation and financial crisis within Venezuela worsened after the Venezuelan government released the new 100-bolivar banknotes in mid-December of 2016. The government announced that within 72 hours that all 100-bolivar bills, which according to the NY Times account for over three-quarters of all cash in circulation, would be worth nothing in value.


Burning cash, earning Bitcoin

At the time, residents who failed to obtain banking services had virtually no other choice but to see their piles of cash turn worthless as time passed. Within 72 hours, Western media began to broadcast footages of outraged communities and Venezuelans burning cash as a means to protest against the government’s incompetence.

Local residents including Alvaro sought out for alternative financial tools apart from cash and precious metals since both the inflow and outflow of gold and the USD were heavily restricted by border controls. Venezuelan officials and police seized gold and USD at their demand, to ensure capital doesn’t leave the country.

Naturally, the younger population of Venezuela began to turn toward Bitcoin as it eliminates the possibility of government intervention and regulation. In local exchanges including Surbitcoin and BitInka, Venezuelans bought Bitcoin and purchased food from online platforms such as Amazon to feed their families.

An increasing number of people also engaged themselves in Bitcoin mining to earn the digital currency instead of local money.

Alvaro wrote:

“At the end of the day Bitcoin has been a lifesaver for Venezuelans like me, trying to preserve the effort of our work, and an alternative to our regulated financial system, which gives people that decides to keep living in this beautiful country to continue struggling to survive without giving up and pushing forward our homeland.”


Source: cointelegragh

 

Why Dash, Ethereum, Monero Will Continue To Strengthen Bitcoin Price


There is hardly a way the Bitcoin price won't maintain its current spot or continue on a rising trend with the prices of several major alternative digital currencies starting to reflect their respective networks’ gains as they establish in chosen areas of usefulness.

A quick look at how Dash, Ethereum, Monero and maybe Augur, have performed with their prices in the last few days show that despite the attention that has shifted to these altcoins, Bitcoin’s standing does not seem to be affected at all. Rather, it maintains a strong grasp of the market and continues with its back and forth movement over or around the $1200 price range.

The altcoins’ rising prices could not go unnoticed by serious-minded investors who may be exhibiting a practical foresight into what the future could hold for the financial sector - or how cryptocurrencies could help simplify the sector’s coordination in time.


A new economy

The influence Bitcoin wields over other alternative currencies - probably for its early adoption advantage or other technical reasons that I am not qualified or able to explain now - is enough to sustain its backbone role into the distant future even as its supply gets thinner while the awareness of its use spreads wider. From the Philippines to, let's say, India and back to Russia and Mexico, the struggle to lay hands on a fraction of Bitcoin continues.

However, the intensifying scramble for bits of Bitcoin considering the rising price of acquiring a full coin is, in a sense, a major factor pushing many to look into the new economy that the totality of cryptocurrencies is creating.

Many are now inching towards altcoins instead of a full Bitcoin to be a part of the new economy that is devoid of any form of restrictions and dependence on the status quo but rather afloat in a new world that has little to do with the financial arrangements we've known for years.


Future outlook

Still looking away from traditional markets like the US, Europe and China which are still the largest in my view but just that the others have started squeezing out their share, a Nigerian asked me recently if I think the most populous black nation is ready for the 'Bitcoin craze'. I replied that it isn't yet. I still stand on that view.

With a population of about 200 mln people, about a tenth of Nigerians - or even less - can claim all the Bitcoins in existence from a practical view.

However, it isn't about the money or the lack of a risk appetite to invest a huge amount into the digital currency because the country could boast of some of the most shrewd business owners the continent of Africa has ever produced. It also has a huge young population that is willing and ready to take on the world at several levels. Rather, what has been stopping them is the information gap or a lack of the good understanding of what Bitcoin is doing or could do.

The same applies to people in Ghana, Kenya, South Africa or even Rwanda where tech-savvy individuals are being developed at a faster pace in Africa. Put another way, a fraction of people in one or a combination of two or three of these countries have what it takes to achieve what is being suggested of Nigerians in terms of Bitcoin acquisition but for a similar hindering factor.


What to expect

Addressing this key factor will see the Bitcoin adoption level jump drastically among the Internet penetrated populace especially in developing countries like those in Africa. It could also lead to postulating that Bitcoin may not necessarily depend on the soon-to-be launched new use cases to be stronger or pricier.

As its high price and risk level have made it grow out of the league of favorite currencies for day traders, no new use case for Bitcoin by tomorrow does not translate that the most popular digital currency as at this writing is ever going to be irrelevant.

All it needs is the resolution of core issues such as its scalability to be sorted out once and for all.

 

Source: cointelegragh

 

Canadian Police Warns Public of Bitcoin Fraud Schemes

Canadian police in the municipality of Durham have issued a notice late last week warning the public about new fraudulent schemes involving bitcoin.

According to a notice posted last week, the Durham Regional Police have been receiving a growing number of reports by Durham residents about fraudulent schemes based on bitcoin.

The scam involves fraudsters selling a money-spinning opportunity to victims with transactions involving the purchase and transfer of bitcoins through fraudulent cheques.

An excerpt from the public warning explains:

Residents have reported being contacted by fraudsters after applying for jobs or responding to ads online involving a promise to make money. The fraudsters send cheques to the victims and ask them to use the money to purchase Bitcoins–a virtual currency used globally.

The scam takes shape when victims deposit the cheque or e-transfer the amount into their accounts, prior to buying and depositing bitcoin into the fraudsters’ account. Their incentive is a portion of the money sent to them via the cheque. Inevitably, after victims buy bitcoins with their own money, the fraudulent cheque or e-transfer bounces.


The regional police have not revealed any details or figures as to the number of victims falling prey to the scam. However, these scams have resulted in the loss of “several thousands of dollars” among victims in the Durham region, according to the law enforcement agency.

Bitcoin scams have also reportedly taken shape in revenue agency scams where fraudsters purport to be government employees to ask for income tax payments, although no details have been revealed.

Police are also urging victims who have lost money to such scams to call in. The authority is also reminding residents to discuss the information with “seniors or other vulnerable people” who do not have access to the warning on the internet.


 

Source: cryptocoinsnews

 

Dash Shock Growth Sees Altcoin $100 Barrier Breached

Privacy-focused altcoin Dash has further increased its exponential gains to surpass $100 per coin, having shot up 25 percent in 24 hours.

Defying even its own developers’ expectations, the asset has surprised investors and the wider community, again and again, jumping from $23 to $100 in just one month.


While Vinny Lingham described altcoin markets this week as a bubble and warned of an imminent crash, Dash has continued growing without significant retraces.

Nonetheless, as other coins in the top 10 level off, several having themselves set new highs, Dash developers have publicly admitted their coin’s surge has left them underprepared.

Director of finance Ryan Taylor said in an interview with Dash analyst Amanda B. Johnson last week:

"We had a strategic plan that was really meant to take us up to around $100 to 200 mln dollars (market cap) and, at this point, we have obviously quickly moved past that so fast that we’re a little back on our heels again and having to do the next planning that gets us to $1 bln.”

Taylor made the comments when Dash was still at around $45.

“Deploying those kinds of resources efficiently and for the maximum benefit of the network is going to be difficult to do,” he added.

Ethereum meanwhile continues its own trend-setting, surpassing the $30 barrier in the past hour. Conversely, Monero has appeared to slow down and even slightly backtrack on personal highs achieved in the last few days, with a continuation of recent gains less apparent.



 

Source: cointelegragh

 

 

Bitcoin User Base Doubling Every 12 Months: Google Trends

Bitcoin user numbers and investment are set to double every 12 months, commentator Willy Woo has forecast.

Citing data from Google, the increasingly controversial Woo calculates that Bitcoin doubles its users every 371 days.

Woo writes on his Woobull blog:

“What we have here is a steady exponential growth baseline with periodic peaks. These peaks are inline with price bubbles where more users start checking the price of their precious coins. Taking readings from the baseline results in an order of magnitude growth every 3.375 years. Or expressed in terms of time to double the user base it’s approximately 12 months.”


“Expect capital injections into BTC to be similar for the years ahead,” he added introducing the data on Twitter.

In terms of adoption, Woo expects a classic S-shaped curve as a trend for Bitcoin, like for other innovative technologies such as radio, computers and the Internet.

“If I was to assume Bitcoin’s adoption curve will be a symmetric S-curve, we’ll reach 50% adoption in 9 more years, however to complete the last half of the S will take 17 more years 26 years from today,” he added.

Woo is positioning himself as an increasingly popular source of analysis in the Bitcoin world, attracting both praise and criticism for his posts on social media.




 

Ethereum Has Doubled in Just a Few Days

Ethereum continues to delight traders everywhere.  It has rallied from $15 to $30 per coin in just a matter of a couple days.  Regular readers knew to be watching this market, so I hope that all here have added appreciably to their trading accounts.

It goes without saying that all good things come to an end, so the question once again arises: “Where is the top?”

Of course, the charts are rarely kind of enough to tell us the answers to this question with 100% confidence.  But the charts do give us indications of where pricetime wants to go, and sometimes that is enough information for our needs.


The blue arrows demonstrate that the vortex correctly forecasted the last 2 major resistance points.  The red arrow is all the way up to $45, which is suggesting that this rally still has a lot more room to go.


Here we see that the pullback at $30 was at the 4th arc pair, and was also at the “1 line” of a long-term Pitchfork (brown line).  The 5th arc and top of the 5th square are at ~ $36 and $39 respectively.

This also argues that the rally is not over yet, although the “1 line” of a pitchfork is normally quite resilient as S/R.  Certainly, a convincing break above the “1 line” and the 4th arc will signal another buying signal.

Bitcoin

Bitcoin has taken a rest during the past few days, as its lesser known siblings such as ETH and Dash have taken center stage.  At some point in the not-distant future, it will likely make new ATH, but I see little reason to trade that market while the other altcoins are on fire.


Happy trading!

Remember:  The author is a trader who is subject to all manner of error in judgement.  Do your own research, and be prepared to take full responsibility for your own trades.



Source: cointelegragh

 

Bitcoin's Largest Mining Pool Now Supports Bitcoin Unlimited, Scaling Gridlock Deepens

Antpool, Bitcoin’s largest mining pool, has begun mining blocks supporting Bitcoin Unlimited, cementing deadlock in the scaling debate as transaction issues worsen.

Last month, Bitcoin Unlimited briefly passed 25 percent of total blocks mined, indicating that a hard fork to increase the block size might be on the horizon. Though that rally did not last, now Unlimited is comfortably in the lead again thanks to Antpool beginning to mine Unlimited blocks, indicating that Bitcoin’s struggle over scaling solutions may be far from over. Meanwhile, transactions become slower and more expensive.


Antpool, Bitcoin’s largest mining pool, switching to Unlimited

While the tug-of-war continues between Segregated Witness, Bitcoin Core’s preferred upgrade to the network and Bitcoin Unlimited, a scaling solution championed by famed investor Roger Ver allowing miners to decide and implement a block size increase, a new development may tip the scales. Blocks mined by China-based Antpool, Bitcoin’s largest mining pool, increasingly support Unlimited, indicating that the pool may turn over completely in favor of a block size increase.

At the same time, Ver’s own mining pool, Bitcoin.com, was recently opened to the public, allowing for a greater increase in Unlimited’s chances of succeeding:

 

Get more cash for your hash on the world's highest paying mining pool. NOW OPEN TO THE PUBLIC! https://t.co/8IbNun01Cfpic.twitter.com/n62O0odEZZ

 

— Roger Ver (@rogerkver) March 7, 2017

As a result, at present Bitcoin Unlimited represents over 30 percent of both hashpower and blocks mined, landing comfortably ahead of SegWit adoption for the time being.


The scaling debate remains in gridlock

Despite gains by Bitcoin Unlimited, however, the contest remains too close to accurately call, and both implementations, or neither, could succeed. Roger Ver points out that Unlimited is closer to implementation and present:

 

.@BitcoinUnlimit is currently much closer to activation than Segwit, so if anyone is blocking anything, SegWit supporters are blocking BU.

 

— Roger Ver (@rogerkver) March 9, 2017

Charlie Lee, Litecoin’s founder and Coinbase’s Director of Engineering, insists that it’s SegWit that should be adopted instead:

Lots of fighting between SegWit and BU folks today on Twitter. Getting to a breaking point. I have a solution...

Activate SegWit!

Crypto Market Is On Fire Right Now - Market Cap Nears $25 Bln

While people have been observing coins like Ethereum and Dash reach all-time highs, the crypto ecosystem as a whole seems to be taking off. The market capitalization of all cryptocurrencies in circulation has neared $25 bln.


Bitcoin – the dominant one

Bitcoin is, of course, the dominant cryptocurrency. It currently accounts for approximately 80 percent of the total market capitalization of all cryptocurrencies in circulation. In the run-up to the decision on the Winklevoss’ Exchange Traded Fund (ETF), Bitcoin dominance was as high as 88 percent.

Post rejection of the ETF, Bitcoin price has stabilized, and it has been in a consolidation mode.


Secondary coins take off too

Crypto investors, who were betting on ETF approval, now seem to prefer secondary coins like Ethereum and Dash. Both these coins have reported massive gains in the last three months and seem to be further increasing post the rejection of the ETF.

Ether’s market capitalization has shot up from $1 bln a month ago to over $2.5 bln currently.

Dash has recorded impressive gains too, with current market capitalization of $500 mln which is up from $120 mln a month ago.

Altcoins which have enhanced privacy features (like Monero and Zcash) are other coins which seem to be leading this bull run.


Bubble territory? Not even close!

Does a total market capitalization of $25 bln mean that cryptocurrencies are in bubble territory?

The market capitalization is a pittance when compared to other asset classes. The market capitalization of US stock markets is approximately $25 tln, or a thousand times the value of all cryptocurrencies in circulation. The value of all gold in circulation is approximately $7 tln.

The total market capitalization of all cryptocurrencies is roughly equal to the market capitalization of Snapchat and less than one eighth the market capitalization of Visa Inc.

Given the huge potential of cryptocurrencies in areas ranging from money transfers to smart contracts, cryptocurrencies are definitely not overvalued. If adoption increases further, their value could skyrocket.



Source: cointelegragh

 

Dash Surges to Record High, Claims $0.5 Mln Monthly Development Budget

Dash price and volume have surged to all-time highs, bringing what is likely to be the largest development budget in the cryptocurrency field.

This year has seen a meteoric rise in Dash’s market cap. So far, it has increased from about $80 mln in January to over $560 mln at the time of writing amounting to a sevenfold increase. This month alone it has more than doubled in value.

According to community member Tao of Satoshi, who runs the Dash Nation Slack channel and hosts the YouTube show Cash Alternative TV, Dash’s recent growth spurt is hardly surprising:

“This price rise is not shocking at all to anyone who has followed the project from the start. Evan Duffield and his team have been systematically solving all of the problems facing Bitcoin, privacy, transaction speed and governance. Now, thanks to an energized community (or Dash Nation, as I like to call it), the word is spreading. People who may have been interested in Dash from afar are now considering it seriously as Bitcoin's situation continues to degrade. You are seeing Dash become a legitimate competitor to Bitcoin and fiat money, so in my opinion, this is only the beginning of sustained Dash growth.”


Dash’s built-in treasury allows for an ever-growing development budget

In contrast with Bitcoin’s model, where miners receive the entire block reward of newly created coins, with Dash 45 percent goes to miners, 45 percent to master node stakeholders and 10 percent is set aside as a treasury for development and other community projects, as voted on by the master nodes.

According to Amanda B. Johnson, host of YouTube show Dash detailed, as well as one an employee of Dash’s DAO paid by the treasury, the treasury system allows for the coin to capitalize on price increases to ensure its value grows even further:

“When Evan Duffield divided up the block reward for Dash -- making a sort of "treasury" available for development costs -- he was guaranteeing that the people working on Dash would be directly affected by the coin's value. Our feedback loop has begun, where the better our developers do, the more their monthly Dash payments are worth. We can also better afford to hire as many of them as we need to scale.”

Dash’s available monthly budget for February, including core team budget and various community projects approved by the DAO, amounted to approximately 7,450 Dash.

At the present value of about $77 per coin, that budget amounts to about $574,000 per month. If Dash increases in value, this monthly budget could grow even higher.

At these rates, Johnson sees Dash’s ecosystem growing at an increasingly rapid rate:

“We can afford more and better of what we already have -- that is, Evolution and dashd developers; grassroots-level marketers; conference attendance and sponsorship; people testing on testnet; legal research; and an unlimited number of other tasks I personally can't think of -- and surely someone else will.”


2017’s reshuffle of the cryptocurrency rankings

This year has seen a reordering of the top cryptocurrencies as other coins vie for a shot at besting Bitcoin. Dash and Monero have pushed ahead of Ethereum classic, Litecoin and Ripple, joining Ethereum as the top three coins making significant inroads towards Bitcoin.

Those three combined are approaching 20 percent of Bitcoin’s total value, with Ethereum the clear leader with over 13 percent. Bitcoin remains the vast majority of cryptocurrency’s value at present, however, that total percentage has now dropped below 80 percent.

By the end of the year, the cryptocurrency landscape could look radically different. Robert Genito, project lead for Wall of Coins, believes that Dash will end up at the head of the cryptocurrency pack:

“Technology moves quickly, obviously and so do cryptocurrencies, perhaps even faster. However, a market of people and their decisions can move even faster, and I truly believe that by the end of this year Dash will overcome Bitcoin entirely.”


Source: cointelegragh

 

Ethereum Surges 20% As Altcoin Optimism Spills Over

Ethereum has surpassed all-time highs to currency sit at a record $26.71 per coin.

At press time Monday, the asset had undergone a 20 percent surge in 24 hours according to data from CoinMarketCap and CoinGecko. Longer term, Ethereum has more than doubled while sitting at around $12 until the end of February.

The rises come on the back of the launch of the Enterprise Ethereum Alliance, a well-received project focussing on Blockchain propagation and innovation for international business.

After the rejection of the Bitcoin ETF by the US Securities and Exchange Commission, the top ten altcoins experienced a slight drop followed by a sweeping comeback.


Dash led the rebound, its price surpassing previous highs to trade at over $70 per token and optimism seemingly spilling over.

Bucking the trend last week, however, was leading Ethereum developer Vlad Zamfir, who wrote that Ethereum “euphoria” could soon end due to the prospect of another hard fork.

“I am not feeling any euphoria anymore. I am mostly filled with concern about how everything could go horribly wrong,” he warned.

Zamfir has been working on Casper, Ethereum’s method it intends to use to replace mining altogether, for several years.


Source: cointelegragh

 

Bitcoin Badman Silk Road Prosecutor Bharara Fired In New Trump Shake-Up

US President Donald Trump has fired Preet Bharara, the infamous New York attorney who jailed Ross Ulbricht and confiscated 174,000 Bitcoins.

Bharara, who was directly behind the Silk Road founder’s demise, reportedly refused to step down after Trump conducted a clearout of 46 Obama-era staff.

The unprecedented refusal led to a “showdown,” Zero Hedge writes, with the Southern District of New York (SDNY) attorney subsequently confirming he “did not resign” but “was fired.”

“Being the US Attorney in SDNY will forever be the greatest honor of my professional life,” he added.

Bharara became “the most dangerous man in Bitcoin” after he prosecuted Ulbricht in 2015, with authorities handing down a life sentence.

“Make no mistake,” he said at the time, “Ulbricht was a drug dealer and criminal profiteer who exploited people’s addictions.”

When Silk Road was shut down in October 2013, a windfall of 174,000 BTC ended up in the hands of the US state, most of which were subsequently auctioned off.

All eyes will now be on Trump’s choices for his replacement. The president has made some poignant personnel choices so far, selecting as budget chief “Bitcoin senator” Mick Mulvaney, an active supporter of the cryptocurrency in Washington.



Source: cointelegragh

 

Learning From Wounds: What Lies Ahead For Other ETFs

Considering the decision made on the Winklevoss Bitcoin ETF by the Securities and Exchange Commission on Friday, March 10, it is not likely that the other two Bitcoin ETF applications would be approved.

SolidX expects its decision soon as well as a firm run by technology entrepreneur Barry Silbert which last filed with the SEC to list its Bitcoin Investment Trust on the New York Stock Exchange.

While it would be expected that the others pending a decision will study what went wrong the twins’ filing and improve on what could be considered their wrong moves, it would seem such a move would be futile as the chance of their ETF applications’ failure would be for the same reasons.


SEC wants regulation

The issue of regulation, which SEC cites for its objection, cannot be solved by the applicants themselves.

It says:

"As discussed further below, the Commission is disapproving this proposed rule change because it does not find the proposal to be consistent with Section 6(b)(5) of the Exchange Act, which requires, among other things, that the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest. The Commission believes that, in order to meet this standard, an exchange that lists and trades shares of commodity-trust exchange-traded products (“ETPs”) must, in addition to other applicable requirements, satisfy two requirements that are dispositive in this matter. First, the exchange must have surveillance sharing agreements with significant markets for trading the underlying commodity or derivatives on that commodity. And second, those markets must be regulated."

Simply put, the reason for the rejection was that the majority of the exchanges are unregulated which, as it is today, seems to be beyond what one or both companies seeking an approval can fix on their own within the shortest time.


The future is optimistic

According to the CEO of CryptoCompare, which brings the latest streaming pricing data of cryptocurrencies, Charles Hayter, the failure to get the ETF approved means back to the drawing board this time for the Winklevoss twins as they take advice and smart from their wounds.

He adds in an email:

“It is expected that they won't give up and usual information will be disseminated as to the reason for the refusal. This will allow for a second run at the goal. Besides that, there are other jurisdictional options that will offer alternative listing options.”

The failure also points to the need for the ecosystem to the entire exchanges ecosystem to work towards putting mechanisms in place to meet SEC’s requirements. With the Bitcoin community growing larger by the day, the future is optimistic for an ETF.


Source: cointelegragh

 

Ethereum Not Safe But Safer Than Other Blockchains: Vlad Zamfir

A Consultant at Mavens of London, Vlad Zamfir has stated that Ethereum is not safe, scalable and an immature experimental technology. Zamfir has, therefore, urged the community not to rely on it for critical mission applications except if it is utterly unavoidable.

This sedate observation was first made in a Twitter post, and later, the POS aficionados and researchers took to his blog to elaborate it. It comes as very surprising looking at where it is coming from since Zamfir is a leading member of the Ethereum community.

The Digital Analyst wrote:

"I say it because I want you to understand where I’m coming from when I react to feeling euphoria in the Ethereum community. I felt euphoria for about the first eight to 12 months of becoming involved in Ethereum— I am not feeling any euphoria anymore. I am mostly filled with concern about how everything could go horribly wrong, with feelings of being overwhelmed, with being unable to keep up with everything that I feel requires my attention."

He recognizes the fact that when the Ethereum community grows with Ether price going up, many more people will come to depend on the platform stationing decentralized applications on it and that the situation will make the network heavier but not lighter.

"While you are feeling growing euphoria because you think Ethereum is definitely the best Blockchain around, I am feeling more concerned and more stressed," Zamfir communicated.

Ethereum’s crisis

There has been a lot of controversies surrounding Ethereum in recent times. The platform witnessed a lot of criticism and attacks last year. So far it has undergone four hard forks with the second being the most provocative.

Actually, this particular fork altered the network's transaction history resulting in splitting the network into two. That was the genesis of the birth of Ethereum Classic.

Zamfir noted in his blog post that Blockchains are not toys, they are neither get rich quick schemes nor a shiny tool for automating business processes.

"They are powerful technology that have the potential to do unspeakable harm. But they can also provide the basis for solutions to serious global problems," he pointed out.

However, he maintains he is not rubbishing Ethereum because it is not an exciting technology or he doesn't care about all the work the community is doing. He claims he is very optimistic about the future of the platform but troubled by the no room for opposition.

Zamfir explained further:

"I didn’t make that tweet because Ethereum isn’t safe or scalable, really, I did it because I find the current level of euphoria quite offensive. Maybe it isn’t my place to keep euphoria in check. Maybe it is. I don’t know. But I will probably continue to express myself by turning my feelings into radical, unnuanced tweets nonetheless."


Is Ethereum safe?

Moreso, the consultant admitted Ethereum is not safe and he cannot guarantee there won't be a 51 percent attack on the network unless there is a hard fork to minimize the damage. Likewise, on smart contracts, he has the same opinion.

Interestingly, he conceded a lot of smart people in the Ethereum community are working hard to make Ethereum safe and secure with smart contract formal verification efforts and with proof-of-stake consensus protocol research.

"I think that we will continue to make steady and impressive progress on these safety problems," Zamfir acknowledged.

In the final Analysis, the Ethereum enthusiast doesn't think Ethereum is safe or scalable but optimistic that it will get better:

"Granted that all Blockchains suck. Is Ethereum at least more safe or scalable than other Blockchains? Maybe. But that is a nuanced discussion that won’t fit in this margin."


 

Source: cointelegragh

 

 

Russian PM Orders Research On Blockchain Implementation in Government

Russia’s Prime Minister Dmitry Medvedev has given the go-ahead for two state ministries to research the use of Blockchain technology in government.

Quoted by the local news resource Lenta and others, the country’s second in command said it was necessary to “study to what extent it would be applicable to our system of government.”

The organizations involved in the research, which forms part of the wider “Digital Economy” project, are Minkomsvyaz, the communications ministry and the ministry of economic growth Minekonomrazvitie.

In any case, this is obviously a new and popular topic; I’ve signaled to the relevant ministries [...] to observe the possibility of implementing the technology as part of preparations of the Digital Economy project,” Medvedev continued.

The comments are the latest in a recent series of pro-Blockchain episodes involving Russia’s top banks and the central bank itself.

Sberbank chief Herman Gref said in February he foresaw commercial Blockchain implementation in Russia by 2019, while Vnesheconombank Vice President Nikita Smirnov likened Bitcoin itself to “positive bacteria.”

At the start of the year, the central bank deputy Olga Skorobogatova indicated regulators would not attempt to ban Bitcoin in the future, instead adopting an observational approach with an eyeing to developing suitable regulation.



Source: cointelegragh

 

How Bitcoin Price Will React to Delays in Winklevoss ETF Approval


The Winklevoss twins, Internet entrepreneurs and venture capitalists seeking approval of their Bitcoin ETF by the Securities and Exchange Commission will know their fate very soon. This event is creating a lot of impact within the Bitcoin community and digital currency market as it could represent a major step towards the mainstream adoption of Bitcoin.

Tyler and Cameron Winklevoss are American twins born on 21 Aug. 1981. They are rowers who participated in the 2008 Olympics in Beijing. The Winklevoss twins are also known for their suit against the founder of Facebook Mark Zuckerberg, claiming that he stole their idea to create the popular social networking site.

President of Crypto Consultant Jason Cassidy explains:

“The Winklevoss Bitcoin ETF is an on-ramp for less tech-savvy investors who are looking to get involved and acquire some Bitcoin. It removes the still high barrier to entry that exists for most new entrants.”

Cassidy notes that the ETF is a derivative that represents the underlying asset that backs the investment, in this case, Bitcoin.

Bitcoin price underwent several huge swings, suggesting some varied expectations by investors.

According to Cassidy, the expected SEC approval could present any of a series of outcomes. He identifies such outcomes as:


Indefinite delay

The SEC will delay the final decision and push it out into the future. This could be due to an approval not coming down until the market is cooled off significantly.


Timed delay

No approval is given and the answer is not "No" but simply "Not right now." The SEC would be buying themselves time to do deeper analysis and let the market mature further.


Green light

The ETF is green lighted and clear approval is given. Cassidy sees the possibility of this happening at around 1 in 4 or 25 percent. “It could certainly happen, however, I would not bet on it,” he says.

However, Cassidy notes that part of the recent Bitcoin price run could have an ETF approval already partially priced in. Yet, he expects the market to react positively to an approval and a price spike to transpire. Also, a delay on the ruling or a rejection of the ETF according to him should have the same impact on the market, with a rejection obviously being more severe.

Cassidy adds:

“I expect the Bitcoin price to drop more from an ETF rejection than to rise from its approval. This is Bitcoin though so anything is possible and it is why I love this industry.”


Bitcoin attracts new entrants

The potential of Bitcoin as a store of value and its tendency to increase in price over a given period of time makes it an attractive venture for investors. Like stock exchanges, Bitcoin exchanges may offer individuals the opportunity to buy and keep the cryptocurrency on the exchange over a certain period of time. It attracts especially those who bet on Bitcoin price growth but are less tech-savvy or worry about Bitcoin thefts from their digital wallets.



Source: cointelegragh

 

What Happens If Bitcoin Unlimited Splits After Bitcoin ETF Approval?

The call to raise a bounty for the development of a code that would enable a safe User-Activated Soft Fork (UASF) has raised the issue of a likely lapse in the exchange traded fund arrangement.

Following news that Antpool mined a Bitcoin Unlimited block and several how-to-manage double Bitcoin wallets tutorials burst online, some Bitcoin users have joined the call to raise a bounty that was initiated by Samson Mow, an entrepreneur who has committed to offering one Bitcoin for the bounty.


Damage control

The call is to foster the deployment of a safe UASF to “control the damage BU will do to the Bitcoin economy.”

Several others have since joined the call with the offer to commit financially. So far on Mow’s page, about six Bitcoins have been raised as at the time of this writing. This amount is still below the amount a known voice in the Bitcoin Unlimited camp stated his team would offer to “control the damage” UASF will do to exchanges.

Earlier, Jihan Wu had offered a 10 Bitcoin bounty for whoever produces a guiding document for exchanges in the event of a split, which he had stated will occur if UASF is implemented. His tweet says the Blockchain is likely to split and create two or three kinds of Bitcoin if the majority of miners vote against the activation of SegWit.

There are suggestions that Coinbase/GDAX and Bitfinex will list the BU chain as a new altcoin in the event of a chain fork.

It is worth noting that although the two sides are expressing different views, this does not necessarily mean one is right while the other is wrong but rather that it is a representation of the shared views by sections of a large group.

What is also clear is the understanding that Bitcoin momentum is growing and the network effect it is presently creating will be a great opportunity for its advancement.


ETF’s possible lapse

While Bitcoin Core’s Peter Todd warns that it is not clear yet how safe UASFs actually are or the best way to deploy them, with some suggesting that the bounty raised could be used to push research and development forward in that regard, the question of what happens to an approved ETF in the event of a split in Bitcoin surfaced.

This is a key lapse in the ETF arrangement that hasn’t been fully discussed and factored into the filing request. Many in the Bitcoin ecosystem have been anticipating the approval of the first Bitcoin ETF this weekend, but as others in the community have raised, the ongoing block size saga with a possibility of a split could be a cog in its wheel. Day traders/speculators would have had a field day if a situation like this had happened with an ETF in operation. Todd added that the ETF hasn't hired competent Bitcoin experts to evaluate their plans.

Meanwhile, the unfolding situation continues to be a testament of what Bitcoin was created to withstand - contention and disagreement.


Source: cointelegragh

 

Hard, Soft, Friendly? Zooko Wilcox Talks Bitcoin, Ethereum & ZCash Hard Forks

Hard forks are generally considered as a security hazard by the Bitcoin community as they could lead to a split chain, the formation of new digital currency and persistent community dispute. ZCash CEO Zooko Wilcox explains the definition of a future friendly fork and how hard forks could be beneficial in some cases.

In the past, particularly Ethereum, the cryptocurrency community has seen many occurrences of hard forks. Wilcox notes that the danger of a hard fork can be analyzed with the two questions:

  1. Does it result in two (persistent) separate branches of the original Blockchain?
  2. Does it result in community schism?

Based on the answers to the two questions, one can easily analyze the danger of a certain hard fork and if the community or the market must approve the fork in order to make major changes to the Bitcoin Network.


The case of Ethereum Classic

Hard forks of Ethereum are unique in a way that they both belong to each one of the two questions. The hard fork executed by Ethereum Classic resulted in two separate branches of the original Blockchain, with both of them having considerable market caps, user base and activity.

Recently, the Ethereum Classic development team also executed a hard fork of their own, to move away from Ethereum’s original inflationary monetary policy to a deflationary monetary policy.

In regards to the decision, the Ethereum Classic development team wrote:

“In order to further Ethereum Classic’s vision, the community needs to adopt a monetary policy that balances the long-term interests of investors, developers, and business operators. We will continue to work with the Ethereum Classic protocol development community to develop, in public, a safe hard fork procedure based on the proposed monetary policy.”

The monetary policy hard fork of Ethereum Classic represents a hard fork which doesn’t create separate branches of the Ethereum Classic Blockchain and doesn’t lead to community schism. Thus, according to Wilcox’ chart of the hard fork, the Ethereum Classic monetary policy hard fork is an example of a healthy and secure hard fork.

 

Evaluating Bitcoin Unlimited with the same method and principle

The execution of the Bitcoin Unlimited hard fork would be marked as a dangerous and unsecure hard fork as it leads to both community schism and two persistent and separate branches of the original Bitcoin Blockchain.

If two Bitcoins are created and the argument of the Bitcoin Unlimited supporters is to appeal to a larger user base and gain mainstream adoption, it will be much more difficult to explain what Bitcoin is if there are two units of it.

More importantly, if the two chains continue to exist, users will have to use both Bitcoin and Bitcoin unlimited tokens to settle transactions, which could lead to a major confusion.

Soft forks are less dangerous in the sense that they don’t lead to separate branches of the original Bitcoin Blockchain. They could lead to community schism but generally, soft forks aren’t designed to make major changes to the protocol.

ZCash hopes to execute friendly hard forks in the future if they are necessary and the ZCash development team including Wilcox wants the community to evaluate hard forks for what they are and the benefits they can bring to the network.

Wilcox said:

“I hope that, when that time comes, the Zcash community fills in the unoccupied space in the matrix above, deploying different technologies, well-fitted to different needs, but continuing to be tolerant and cooperative with one another, to the benefit of all.”


Source: cointelegragh

 

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QUESTIONS?

Here is a collection of some frequently asked questions from our clients:

1

How can I open an account?

  You will need a reference person who can assist you in registering an account with SBC or you can personally create an account directly from a referral link. General information is required as follows: 
- User name
- Mobile number (You must register a number directed to your Telegram account that can be reached when necessary)
- Email address
- Bitcoin wallet address (for direct withdrawal)
- A photocopy of your ID card or Passport

2

How many accounts can I register?

 You can have maximum 07 (seven) accounts. In case you are a big investor, please choose the SHAREHOLDER package, investing capital up to $100,000 that offers greatest interests to SBC’s shareholder.

3

Is my information kept confidential?

   Yes, your contact and billing information is kept confidential and will never be given or sold to any third party.

4

How do I deposit money to SBC?

 You will choose a suitable package first. Then deposit the exact amount of bitcoins in your package, converted in USD at the time. Upon the completion of 3 authentications, your transaction will be successful.

5

How long until my account begins to earn interest?

  Starting from the 8th day, you’ll be receiving interest payment for the first day. When you get all interests for 300 days, your benefits will stop provided that you have to make a reinvestment of 15% every 60 days.

6

How long will a PH request be verified?

After your transaction has gone through 3 authentications, the system will auto-verify the completion.

7

How to upgrade the investment package?

  You are very welcome to advance your package. The greater the investment, the higher your interests will be.

8

What is the referral link?

It is a link that you can share with new members and those who would like to join SBC. 

9

How to recover a forgotten login account?

All you need is to send an email to our customer support and provide your information. The system will check and email the login credentials to you. 

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What is the minimum investment I can start with?

You can start as low as US$100.

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What is withdrawal limit?

You can get a minimum of US$10 and no maximum amount limit.

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Can I request a money transfer within my internal system?

You can transfer money within your system so that you can easily boost the investment packages and support the system.

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What will happen to my account if I don’t make a 15% reinvestment after 60 days of receiving interests?

You are required to make the 15% reinvestment after 60 days period of getting the interests, otherwise your account will be disabled. Only when you complete the reinvestment amount, your account will be reactivated and qualified for the interest and commission.

14

Can I change my personal information such as mobile number, email, bank account, etc. in the system?

You are allowed to change any personal information at any time through a password verification sent to your registered email.

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Where can I develop my business and build the system?

The system allows you to open accounts that you can invest and trade bitcoin, and other cryptocurrencies, with SBC trading platform. Moreover, you are free to grow the member network within your system anywhere in the world, provided that you must support them with your best.

TRADE

# Name Market Cap Price 24hour VWAP Available Supply 24 Hour Volume %24hr Trade
1 $15,896,004,261 $978.867 $971.2993 16,239,187 $298,976,000 1.05%
2 $4,666,796,214 $51.7712 $50.1435 90,142,745 $122,021,000 2.62%
3 $655,934,627 $91.2402 $92.1059 7,189,095 $19,255,500 -1.10%
4 $370,014,069 $0.0099 $0.0094 37,388,960,792 $4,504,440 5.40%
5 $280,069,130 $19.7418 $19.5804 14,186,606 $7,754,220 -1.82%
6 $209,874,561 $4.167 $4.0741 50,365,657 $3,688,340 1.38%
7 $208,900,002 $2.3185 $2.3085 90,100,776 $5,084,830 -0.85%
8 $116,052,300 $0.0129 $0.0134 8,999,999,999 $544,415 -4.59%
9 $64,608,926 $15.6968 $16.8814 4,116,050 $14,059,600 14.46%
10 $56,723,591 $59.5152 $60.8239 953,094 $3,169,870 -4.95%

STRIKE BIT CLUB PRIVACY POLICE

 

I. GENERAL

A. The operative parties referred to in this policy are Company and You, the User of these sites: Strikebitclub.com

1. Strike bit club decentralize system is the publisher and operator of the website(s) listed at the beginning of this Policy. Hereinafter, Strike bit club shall be referred to as “Company”. When first-person pronouns are used in this Policy, (Us, We, Our, Ours, etc.) these provisions are referring to Company. Additionally, when the terms “the Site” or “Site” are used, these terms refer to the website(s) listed at the beginning of this Policy, as well as the Services offered via the Site, such as the virtual currency exchange (the “Exchange”) and ancillary services as defined in Our User Terms.

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We may send You periodic announcements including the details of Our existing and new programs. If You opt-out of these marketing emails, You may still receive system notices and other information that is specifically related to Your account. If you provide your information to us, use the Site, or subscribe to any of Our Services, You will have created a commercial relationship with Us. In having done so, You understand that even unsolicited commercial email sent from Us or Our affiliates is not SPAM as that term is defined under applicable law.

 

VIII. OUR COMMITMENT TO SATA SECURITY

We will retain control of and responsibility for the use of any personal information you disclose to us. We take measures to protect the transmission of all sensitive User information. We make all reasonable efforts to ensure the integrity and security of our network and systems by utilizing encrypted software and protective firewalls. All User information is retained in-house for the life of the account and is secured via administrative password protection. Nevertheless, We cannot guarantee that our security measures will prevent third-party ‘hackers’ from illegally obtaining this information. We take all reasonable measures to prevent such breaches of security, but you however acknowledge and agree that communications through the Internet is not entirely secure and hence, we are unable to guarantee that our security is one hundred percent (100%) breach-proof. You assume the risk of such breaches to the extent that they occur despite our reasonable security measures. Our security procedures shall nevertheless continuously be revised based on new technological developments. Whilst we have security measures in place to protect your personal information, please do not send any other confidential or proprietary information through the Site. You should exercise extreme caution when disclosing such confidential or proprietary information in this way. We will not be responsible for any loss or damage arising from disclosure of such confidential or proprietary information that is sent through the Site.

 

STRIKE BIT CLUB TERMS AND CONDITIONS

By using, accessing, ordering products, buying memberships, buying packages, downloading documents, selling memberships, and selling packages from this Website, you hereby agree to be bound by all of the following terms and conditions:

 

1.USE OF SITE.

Unless otherwise specified, Strike Bit Club, its affiliates and subsidiaries Web Sites are for your personal use. You may not modify, copy, distribute, transmit, display, reproduce, publish, license, create derivative works from, transfer, or sell any information obtained from Strike Bit Club’s Web Sites. Strike Bit Club authorizes you to view and download the materials at this Web Site only for your personal, non-commercial use, provided that you retain all copyright and other proprietary notices contained in the original materials on any copies of the materials. You may not modify the materials at this Site in any way or reproduce or publicly display, perform, or distribute or otherwise use them for any public or commercial purpose. For purposes of these Terms, any use of these materials on any other Web site or networked computer environment for any purpose is prohibited. The materials at this Site are copyrighted and any unauthorized use of any materials at this Site may violate copyright, trademark, and other laws. If you breach any of these Terms, your authorization to use this Site automatically terminates and you must immediately destroy any downloaded or printed materials.

 

2.TERMINATING THIS AGREEMENT

This Agreement will remain in effect as long as you access the Website, sell or buy any membership, sell or buy any package, or order anything from the Website.

We reserve the right to terminate this Agreement without notice and/or refuse to sell to anyone who We believe, in Our sole discretion, (i) has violated any of the terms of this Agreement, (ii) is abusing the Products or the services we provide, or (iii) is unable to provide us with sufficient information to allow us to properly identify the customer’s, independent distributor or club member real name, address, telephone number, legal identification card, passport or other information.

 

3.Individuals, Corporations, Tax Exempt Entities

Strike Bit Club will only consider for acceptance as club member, Independent distributor or club member that fall into one of the following categories:

a.) Individuals who are of the legal age.

b.) Married couples of which at least one is Legal age

c.) Corporations in good standing in the state, province, or country of their incorporation.

 

4.Proper Completion of Documents

All entries in the Strike Bit Club websites must be completely and properly filled out and acceptance by a check mark of the Independent Distributor Agreement, Terms and Conditions, Policies and Procedures, Income Disclosure, Spam and Privacy policies is indicative of an electronic signature used in signing the Strike Bit Club member agreement, terms and conditions and privacy policy. Strike Bit Club will not be responsible for loss of commissions or bonuses or for delays of registrations due to:

a) Errors by Club Members sending in wrong information for themselves or on behalf of clients.

b) Delays or errors caused by weak Internet connection, virus in your computer, hacker attack to your computer, blocking your sign up transmission.

 

5.DISCLAIMER.

THE MATERIALS PROVIDED AT THIS SITE ARE PROVIDED 'AS IS' WITHOUT ANY WARRANTIES OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF INTELLECTUAL PROPERTY. Strike Bit Club further does not warrant the accuracy and completeness of the materials at this Site. Strike Bit Club may make changes to the materials at this Site, or to the products, prices or compensation plan described in them, at any time without notice. The materials at this Site may be out of date, and Strike Bit Club makes no commitment to update the materials at this Site. Information published at this Site may refer to products; programs or services that are intended for use only in a specific country and may not be used or relied upon in any other country. Applicable law may not allow the exclusion of implied warranties, so the above exclusion may not apply to you.

 

6.TERMINATION/ACCESS RESTRICTION

Strike Bit Club reserves the right, in its sole discretion, to terminate your access to any or all Strike Bit Club Web Sites, back office and the related services or any portion thereof at any time, without notice. Reasons for termination include but are not limited to:

a) Defamation, Slander or Libel of Strike Bit Club or other members

b) Joining another company that promotes digital or crypto currency products in violation of these terms and conditions

c) Falsely promoting Strike Bit Club in any way that causes damages to Strikebit Club’s reputation

d) Using any sales language other than official sales language of Strikebit Club

e) Promising or guaranteeing any “returns on investment”

f) Promising or guaranteeing any profit

g) Promising or guaranteeing any passive income

h) Using a false identity

i) Strike Bit Club is unable to verify identity

j) Member owes money to the company

k) Member owes money to other affiliates

l) Member failed to perform obligations as a member and distributor

m) Unauthorized use of another’s account

o) Violating any terms and conditions

p) Other misconduct and violations

q) Violations of law of any Country or State

 

7.MODIFICATION of THESE TERMS of USE.

Strike Bit Club may revise these Terms at any time by updating this posting. You should visit this page from time to time to review the then-current Terms because they are binding on you. Certain provisions of these Terms may be superseded by expressly designated legal notices or terms located on particular pages at this Site.

 

8.LIMITATION of LIABILITY.

IN NO EVENT WILL STRIKE BIT CLUB, ITS SUPPLIERS, OR OTHER THIRD PARTIES MENTIONED AT THIS SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, THOSE RESULTING FROM LOST PROFITS, LOST DATA OR BUSINESS INTERRUPTION) ARISING OUT OF THE USE, INABILITY TO USE, OR THE RESULTS OF USE OF THIS SITE, ANY WEB SITES LINKED TO THIS SITE, OR THE MATERIALS OR INFORMATION CONTAINED AT ANY OR ALL SUCH SITES, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR ANY OTHER LEGAL THEORY AND WHETHER OR NOT ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IF YOUR USE OF THE MATERIALS OR INFORMATION FROM THIS SITE RESULTS IN THE NEED FOR SERVICING, REPAIR OR CORRECTION OF EQUIPMENT OR DATA, YOU ASSUME ALL COSTS THEREOF. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU.

 

9.INDEMNIFICATION

You agree to defend, indemnify, and hold harmless Strike Bit Club, its officers, directors, shareholders, employees, independent contractors, telecommunication providers, and agents, from and against any and all claims, actions, loss, liabilities, expenses, costs, or demands, including without limitation legal and accounting fees, for all damages directly, indirectly, and/or consequentially resulting or allegedly resulting from Your misuse or inability to use the Website, or Your breach of any of these terms and conditions of this Agreement. We shall promptly notify you by electronic mail of any such claim or suit, and cooperate fully (at Your expense) in the defense of such claim or suit. If we do not hear from you promptly, we reserve the right to defend such claim or suit and seek full recompense from you.

 

10.MEMBERSHIP REFUND

When a Strike Bit Club Member applicant, enrolls and purchases a Membership or package, Strike Bit Club immediately pays 50% for commissions and uses 50% to trade crypto currencies with third party exchanges. All memberships are not refundable, all memberships we pay are final, and the new club member or independent distributor agrees that there are not refunds for any purchase.

 

11.ELECTRONIC SIGNATURES / ASSENT REQUIRED

No one is authorized or allowed to access this Site or use the Services unless he, she or it has signed this Agreement. Such signature does not need to be a physical signature, since electronic acceptance of this Agreement is permitted by various jurisdictions’ laws, such as the Electronic Signatures in Global and National Commerce Act (E-Sign Act) and similar legislation. You manifest your agreement to this Agreement by taking any act demonstrating your assent thereto. Most likely, you have clicked or will click a button containing the words “I agree” or some similar syntax. You should understand that this has the same legal effect as you placing your physical signature on any other legal contract. If you click any link, button or other device provided to you in any part of our Site’s interface, then you have legally agreed to all of these Terms and Conditions. Additionally, by using any part of our Site or Services in any manner, including the Exchange, you understand and agree that such use constitutes your affirmation of your complete and unconditional No one is authorized or allowed to access this Site or use the Services unless he, she or it has signed this Agreement. Such signature does not need to be a physical signature, since electronic acceptance of this Agreement is permitted by various jurisdictions’ laws, such as the Electronic Signatures in Global and National Commerce Act (E-Sign Act) acceptance to all of the terms in this Agreement. Even if you fail to sign this Agreement, you understand and agree that you are still bound by the terms of this Agreement by virtue of your viewing the Site or using any portion of the Site or our Services.

 

12.NOT A BANK OR TRUST ACCOUNT

Your account with us (and any available currency therein) is not a bank account, a trust account, a securities account, a credit card or deposit account. Our services are not financial instruments. No interest will be paid on any funds or currency you use to purchase or trade for any other currency, bitcoin, or any other thing with other members, and all assets, including such currency or bitcoin, that are directly held by the company are not insured by the company or any government agency. All currency bought and sold by you will be associated with your account until used to purchase or sell from or with other members or until withdrawn by you.

 

13.DISCLAIMER; RISK FACTORS

1.Strike Bit Club is not responsible for any loss or damage incurred by you as a result of your use of our Services or for your failure to understand the nature of virtual currencies or the market for such currencies. All we are providing you is a method by which you can exchange, trade, mine and store certain virtual currencies, and we make no representations or warranties concerning the value, stability, or legality of any such virtual currencies.

2. You acknowledge the following risks related to your use of the Site and the Services:

3. The risk of loss in trading virtual currencies such as Bitcoin (collectively, “Digital Assets”) may be substantial and losses may occur over a short period of time.

4. The price and liquidity of Digital Assets has been subject to large fluctuations in the past and may be subject to large fluctuations in the future.

5. Digital Assets are not legal tender, not backed by any government, and accounts and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections.

6. Legislative and regulatory changes or actions at the state, federal or international level may adversely affect the use, transfer, exchange and value of Digital Assets.

7. Transactions in Digital Assets may be irreversible, and accordingly, losses due to fraudulent or accidental transactions may not be recoverable.

8. Some Digital Assets transactions shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that the customer initiates the transactions.

9. The value of Digital Assets may be derived from the continued willingness of market participants to exchange fiat currencies for Digital Assets, which may result in the potential for permanent and total loss of value of a particular virtual currency should the market for that virtual currency disappear.

10. There is no assurance that a person who accepts Digital Assets as a payment today will continue to do so in the future.

11. The nature of Digital Assets may lead to an increased risk of fraud or cyber attack, and may mean that technological difficulties experienced by the Company may prevent the access or use of your Digital Assets.

12. Your account with Strike Bit Club may not be sufficient to cover all losses incurred by you.

You acknowledge and agree that you are solely responsible for determining the nature, potential value, suitability, and appropriateness of those risks for you, and that Strike Bit Club does not give advice or recommendations regarding Digital Assets, including the suitability and appropriateness of, and investment strategies for, Digital Assets. You acknowledge and agree that you shall access and use the Services and the Site at your own risk. This brief statement does not disclose all of the risks associated with trading, exchanging, mining and storing in Digital Assets. You should, therefore, carefully consider whether such trading, exchanging, mining and storing’s are suitable for you in light of your circumstances and financial resources. You should be aware that you may sustain a total loss of the funds in your Account (as defined below), and that under certain market conditions, you may find it difficult or impossible to liquidate a position.

 

14.VIRTUAL CURRENCY VALUES

You understand and agree that, due to technical and other restrictions, the virtual currency values displayed on our Site may be delayed and therefore not reflect the current, live market value of such currency.

Nonetheless, you agree that the values displayed on our Site control your Account and your use of the Site and Services.

 

15.YOUR ACCOUNT REGISTRATION DATA

In order to use Strike Bit club systems, you must create an account with us (your "Account"). Your Account will be used to store various virtual currency amounts as deposited by you. In creating your Account, you may be asked to provide certain registration details and information. In order to verify your identity, some of this information may be personal, private or detailed. In connection with completing the online registration form, you agree to provide true, accurate,current and complete information about yourself as prompted by the registration form (such information being the "Registration Data");and you further agree to maintain and promptly update the Registration Data to keep it true, accurate, current and complete at all times while you are a Member. While we use reasonable efforts to protect the personal information of others from inadvertent release or misappropriation, we are not responsible for the intentional or criminal acts of third parties such as hackers or "phishers".

 

16.CHANGES TO REGISTRATION DATA

You must promptly inform us of all changes, including, but not limited to, changes in your address and changes in any virtual or fiat currency account used by you in connection with the Site and Services, if applicable. If you provide any information that is untrue, inaccurate, not current or incomplete, or if we or any of our authorized agents have reasonable grounds to suspect that such information is untrue, inaccurate, not current or incomplete, we have the right to suspend or terminate your Account and refuse any and all current or future use of the Site and Services by you, as well as subject you to civil liability or refer you to the appropriate law enforcement authorities for criminal prosecution. We shall not be liable to make any compensation, monetary or otherwise, following such suspension, termination or inability to use the Site or the Services. You are responsible for any fees that the Company incurs with respect to your Account. If you fail to reimburse us for any fees within thirty (30) days of our initial demand for reimbursement, you agree that you will pay us five hundred dollars ($500) as liquidated damages, being a genuine pre-estimate of loss and damage suffered by the Strike Bit Club, as well as any costs incurred by the Company for each fee incurred plus interest on the amount owed at a rate equal to the lesser of 0.7 - 1.3 % per month or (ii) the maximum rate permitted by applicable law.

 

17.YOUR ACCOUNT RESPONSIBILITY

You are entirely responsible for any and all activities conducted through your Account. You agree to notify us immediately of any unauthorized use of your password or Member ID, as well as of any other breach of security. While we may implement certain monitoring procedures designed to alert us to fraudulent activity, we are not responsible for any unauthorized use of your Account, and you agree that you are responsible for such unauthorized use and for protecting the confidentiality of your password.

 

18.NO ACCOUNT TRANSFERS

Control or use of your Account may not be transferred, leased, assigned or sold to a third party. We disclaim any and all liability arising from fraudulent entry and use of the Site. If a User fraudulently obtains access to your Account, we may terminate the User’s access and membership immediately and take all necessary and appropriate actions under applicable federal, state, and international laws.

 

19.PASSWORD SECURITY

As part of our security measures and policies, please note that we will never ask you, for any reason, whether by email, regular mail or telephone, to disclose your account password. Password inquiries will only be conducted online and only after you have signed onto the company’s site. We will never send you embedded links in an email requesting that you sign onto the site by clicking such a link. If you receive an embedded link by email, claiming to be from us, you should not open it or click on the link. The email in not from us and is likely fraudulent. Never give your account password to anyone whom you do not intend to authorize to use your account.

 

20.THIRD PARTY ACCOUNT INFORMATION

In order to provide you with the Services, you may also be required to disclose certain other third-party account information to us, including, without limitation, your Bitcoin addresses and related information. As indicated elsewhere in this Agreement, we are not responsible for any unauthorized use of your Account with the Company or any third-party accounts.

 

21.FUNDING YOUR ACCOUNT

After creating your Account with Strike Bit Club, you will be able to fund your Account by transferring, from your bitcoin account to the Strike Bit club account No fees are charged by us for funding your Account. After funding your account please take a screenshot of the transfer and upload it.

 

22.NO REVERSAL OF TRADES

Once an order has been executed (transfer user to user, deposit btc in your cash wallet or request of payout) and the appropriate currencies have been credited and debited from the Members’ Accounts, there is no way to reverse the transaction.

 

23.SERVICE INTERRUPTION

From time to time due to technological factors, scheduled software uploads and other factors beyond or within our control, the Site, or other Services may be temporarily interrupted. You agree that we are not liable for any loss and damage arising from such interruption and you agree to hold us harmless against any such interruption of or inability to access the Site or Services.

 

24.WITHDRAWING CURRENCY

In addition to allowing Members to trade virtual currency, Strike Bit Exchange allows Members to withdraw virtual currency upon request to us. Members may withdraw all or some of their virtual currency, and there is no minimum amount of virtual currency required to maintain your status as a Member (however, as indicated above, you may only trade or sell virtual currency up to the amount shown as belonging to you in the ledger maintained in your wallet). ABC currency will be transferred from the Exchange’s account to the specific Bitcoin address provided by the Member. Withdrawals will generally take up to three (3) days to complete, provided that larger withdrawals may take up to thirty (30) days to complete and that any withdrawal may be delayed as necessary to comply with applicable law and/or the Exchange’s customer identification and anti-money laundering procedures.

 

25. STRIKE BIT CLUB DOES NOT ENGAGE IN THE SALES of SECURITIES OR INVESTMENTS

You understand and agree that:

1) Strike Bit Club does not engage in the sales or offering of securities;

2) This is not an offer for sale of a security, investment contract, investment opportunity, offering, etc., or trust instrument, as defined by the United States Securities Act of 1933, as amended, as well as any law or regulation of any Country, State or Territory.

3) Strike Bit Club will not be registered as an investment company under the Investment Company Act of 1940, as amended.

4) In making your decision to purchase a membership in Strike Bit Club, you must rely upon your own examination of the terms of the agreement, including the merits and risks involved. No documentation of Strike Bit Club have been filed with or approved or disapproved by the Securities and Exchange Commission (“SEC”) or any other state or federal governmental agency or any national securities exchange. Neither the SEC nor any such agency has passed upon the accuracy or adequacy of Airbit Club or the merits of the purchase of a membership of in Strike Bit Club. Any representation to the contrary is a criminal offense.

Strike Bit Club will make available to any prospective member of Strike Bit Club the opportunity to ask questions of and to receive answers from Strike Bit Club regarding the membership and the terms and conditions of this membership and to obtain any additional relevant information to the extent Strike Bit Club possesses such information or can obtain it without unreasonable effort or expense.

5) The terms and conditions and membership rights of Strike Bit Club do not constitute an offer or solicitation in any jurisdiction in which such an offer or solicitation is not authorized or permitted by law.

6) Should any portion of the terms of Strike Bit club be considered by any Court to be a security, the TERMS OFFERED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS OF CERTAIN STATES AND ARE BEING OFFERED AND SOLD IN RELIANCE ON EXEMPTIONS FROM THE REGISTRATION REQUIREMENTS OF SAID ACT AND SUCH LAWS. THE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND EXCHANGE COMMISSION, ANY STATE SECURITIES COMMISSION, OR ANY OTHER REGULATORY AUTHORITY, NOR HAVE ANY OF THE FOREGOING AUTHORITIES PASSED UPON OR ENDORSED THE MERITS OF THIS OFFERING OR THE ACCURACY OR ADEQUACY OF THIS MEMORANDUM. ANY REPRESENTATION TO THE CONTRARY IS UNLAWFUL.

7) Members of Strike Bit Club SHOULD BE AWARE THAT THEY MAY BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS PURCHASE FOR A SUBSTANTIAL PERIOD OF TIME.

8) Membership in Strike Bit Club involves significant risks. Strike Bit Club will not be registered as an investment company and therefore will not be required to adhere to any investment policies under the Investment Company Act of 1940, as amended.

9) Membership in Strike Bit Club ENTAILS SUBSTANTIAL RISKS AND THERE CAN BE NO ASSURANCE THAT THE OBJECTIVES OF Airbit Club WILL BE ACHIEVED. THE PRACTICES OF Strike Bit Club MAY EMPLOY FROM TIME TO TIME CAN, IN CERTAIN CIRCUMSTANCES, INCREASE THE ADVERSE IMPACT TO WHICH THE Members’ account MAY BE SUBJECT.

10) POTENTIAL MEMBERS ARE CAUTIONED TO REFER TO THESE TERMS AND CONDITIONS FOR A DISCUSSION OF THE TERMS OF MEMBERSHIP AND RISK AND OTHER FACTORS RELATIVE TO MEMBERSHIP IN AIRBIT CLUB. IN THE EVENT OF ANY INCONSISTENCY BETWEEN ANY OTHER MATERIALS PREVIOUSLY PROVIDED AND THISE TERMS AND CONDITIONS, THE TERMS AND CONDITIONS CONTAINED HEREIN SHALL BE CONTROLLING.

11) Prospective MEMBERS should consider the following factors in determining whether TO PURCHASE A MEMBERSHIP:

a) Lack of Operating History. Strike Bit Club is a newly formed entity and has no operating history upon which members can evaluate the likely performance of the club.

b) Business Dependent Upon Bitcoin Value.

c) Individual members and distributors of Strike Bit  Club are not owners of Strike Bit  Club.

d) Absence of Regulatory Oversight. Strike Bit  Club is not registered as an investment company under the 1940 Act, in reliance upon an exemption available to privately offered investment companies under Section 3(c)(1) of the 1940Act, and, accordingly, the provisions of the 1940 Act (which, among other things, require investment companies to have a majority of disinterested directors, require securities held in custody to be individually segregated at all times from the securities of any other person and to be marked to clearly identify such securities as the property of such investment company, and regulate the relationship between the advisor and the investment company) are not applicable.

e) There is no guarantee or representation is made that Strike Bit Club’s plan or program will be successful.

f) Strike Bit  Club members may purchase and sell bitcoin and memberships to each other without transferring such money directly to Strike Bit Club so long as the purchased memberships are created on the purchaser’s behalf and the member receives their membership. Members may use such fund as they see fit and purchasers have no recourse that they believe the money would flow directly to Strike Bit Club. Purchasers of such membership waive any rights to claim they thought their purchase money would go directly to Strike Bit Club.

12) Members must be aware that there are no promised rates of return.

13) You must be an accredited investor as defined in Rule 501 of Regulation D of §230.501 of the Securities Act of 1933 to purchase a membership in Strike Bit Club.

 

26. LIVE MARKET DATA

While virtual currency market values as publicly displayed on the Site may be delayed, we may offer access to live market value data via technical measures such as the FIX (Financial Information exchange) protocol. This live market value data is valuable to us, and we take proprietary measures to keep all live market value data confidential and inaccessible to the public. To the extent that you receive access to such live data, you hereby agree that you will not redistribute, retransmit, duplicate, or otherwise make such data available in any way, either through automated, manual, or any other means. Any distribution or transmission of our live market values feed is a material breach of this Agreement as well as a violation of our trade secrets. You agree that we are not responsible for any failure or outage in the live market value data provided by us.

 

27.AGREEMENT TO RECEIVE NOTIFICATIONS AND OTHER COMMUNICATIONS

We reserve the right to send electronic mail or other messages to you and to other Members. The purpose of these communications may include, but is not limited to:

(i) Providing you with information concerning your Account;

(ii) Providing information to you regarding products or services offered by our affiliates or partners;

(iii) Informing you about any of our related products or services; or

(iv) Providing you with information about any item that we think, in our sole discretion, may be of interest to you.

 

28. RESTRICTIONS ON USE

Without our express prior written authorization, you may not:

{i) Duplicate any part of our Site or the Materials contained therein or received via the Services (except as expressly provided elsewhere in this Agreement);

(ii) Create any derivative works based on our Site or any of the Materials contained therein or received via the Services, and you agree and stipulate that any and all derivative works are NOT "fair use";

(iii) Use our Site or Services, or any of the Materials contained therein, for any public display, public performance, sale or rental, and you hereby agree and stipulate that any and all such uses are NOT "fair use";

(iv) Re-distribute our Site or any of the Materials contained therein or received through the Services, and you hereby agree and stipulate that any and all such uses is NOT "fair use";

(v) Remove any copyright or other proprietary notices from our Site or any of the Materials contained therein;

(vi) Frame or utilize any framing techniques in connection with our Site or any of the Materials contained therein;

(vii) Use any meta-tags, pay-per-click advertising, or any other hidden text using our Site's name or marks, and you hereby stipulate that any use of the Site's name or marks, or any other marks owned by Us is an infringement upon our trademark rights, and you stipulate to make payment of liquidated damages of ten thousand dollars ($10,000) per such infringement as a genuine pre-estimate of the loss and damage that will be suffered by Us as a result of such infringement, plus you agree to pay any and all fees incurred in the recovery of this amount, including attorney's fees and all associated costs;

(viii) "Deep-link" to any page of our Site, or avoid agreement to the Site’s Terms & Conditions (for the avoidance of doubt, you may only link to the main entry page);

(ix) Circumvent any encryption or other security tools used anywhere on the Site or in conjunction with the Services (including the theft of usernames and passwords or using another person’s username and password in order to gain access to a restricted area of the Site);

(x) Use any data mining, bots, scrapers or similar data gathering and extraction tools on the Site or in conjunction with the Services;

(xi) Sell, rent, lease, license, sublicense, transfer, distribute, re-transmit, time-share, use as a service bureau or otherwise assign to any third party the Materials or Services or any of your rights to access and use the Materials or Services as granted specifically by this Agreement;

(xii) Use our Services for any commercial purpose unless expressly agreed to by us in writing and at our sole discretion;

(xiii) Use our Services to impersonate any other User or person;

(xiv) Use any Material or information on our Site or included in our Services in any manner that infringes any copyright, trademark, patent, trade secret, publicity or other proprietary right of any party;

(xv) Upload or attempt to upload files that contain viruses, Trojan horses, worms, time bombs, cancelbots, corrupted files, or any other similar software or programs that may damage the operation of another’s property;

(xvi) Upload, post, email or otherwise transmit any submission that you do not have a right to transmit under contractual, fiduciary or other relationships (such as inside information, trade secrets, proprietary and confidential information learned or disclosed as part of employment relationships or under nondisclosure agreements);

(xvii) Upload, post, email or otherwise transmit any unsolicited or unauthorized advertising, promotional materials, 'junk mail,' 'spam,' 'chain letters,' 'pyramid schemes,' or any other form of solicitation, except in those areas that we may designate for such purpose;

(xviii) Falsify or delete any author attributions, legal or other proper notices or proprietary designations or labels of the origin or source material that is uploaded or otherwise provided by you;

(xix) Restrict or inhibit any other User from using and enjoying the Services;

(xx) Harvest or otherwise collect information about others, including e-mail addresses or other personally-identifiable information;

(xxi) Violate any applicable laws, policies, or regulations;

(xxii) Upload, post, email or otherwise transmit any material which is illegal immoral, obscene or defamatory of any person; or

(xxiii) Do anything that may adversely affect proper operation of the Site, the Services and the reputation and goodwill of the Club.

 

29.OTHER JURISDICTIONS

We make no representation that the Site, Services or any of the Materials contained therein are appropriate or available for use in other locations, and access to them from territories where their content or function may be illegal or is otherwise prohibited. Those who choose to access the Site, join the club, buy or sell memberships or packages from such locations do on their own initiative and are solely responsible for determining compliance with all applicable local laws.

 

30.ILLEGAL ACTIVITIES

If you are seeking information regarding any illegal activities, or seeking to engage in any illegal or fraudulent financial activity, please leave this Site immediately and do not attempt to use the Services. You acknowledge and agree that you are aware of the legality of using our Services in your relevant local jurisdiction, and you agree that you will not use the Services, if such use is prohibited or otherwise violates the laws of your state, province, country, or other jurisdiction.

 

31. ARBITRATION AND WAIVER of CLASS ACTIONS

The exclusive means of resolving any dispute or claim arising out of or relating to this Agreement (including any alleged breach thereof) or the Service shall be BINDING ARBITRATION administered by the American Arbitration Association. You may not under any circumstances commence or maintain against Strike Bit  Club any class action, class arbitration, or other representative action or proceeding. By using the Service in any manner, you agree to the above arbitration agreement. In doing so, YOU GIVE UP YOUR RIGHT TO GO TO COURT to assert or defend any claims between you and Strike Bit Club. YOU ALSO GIVE UP YOUR RIGHT TO PARTICIPATE IN A CLASS ACTION OR OTHER CLASS PROCEEDING. Your rights will be determined by a NEUTRAL ARBITRATOR, NOT A JUDGE OR JURY. You are entitled to a fair hearing before the arbitrator. The arbitrator can grant any relief that a court can, but you should note that arbitration proceedings are usually simpler and more streamlined than trials and other judicial proceedings. Decisions by the arbitrator are enforceable in court and may be overturned by a court only for very limited reasons.

 

32. CONSULT YOUR OWN TAX PROFESSIONAL

The contents of the terms and conditions should not be considered to be legal or tax advice, and each prospective member should consult with his or her own counsel and advisors as to all matters concerning a membership in Strike Bit Club. Prospective members are urged to consult with their legal and tax advisors before purchasing a membership in Strike Bit Club.

 

33. EXCLUSIVE MEMBERSHIP AGREEMENT

 

After the first thirty days of membership, Members shall not be a member or sales representative of any multi-level marketing company involved in the sales or distribution of digital products or crypo-currency. If it is deteremined by Strike Bit Club that you have violated this term, you will be notified and given an opportunity to cure. Should you fail to cure within the specified time period, your purchase price will be returned and your positions will be forfeited.