CJ - Bitcoin Specialist
Bitcoin has had a tumultuous ride in recent years, with its price reaching a staggering high of $69,000 in November 2021, before experiencing a significant drop. However, this drop has had a positive effect, making it more accessible to potential investors. In fact, data from Glassnode reveals that one million addresses now hold more than 1 BTC, which is equivalent to $26,800.
While it's worth noting that one address doesn't necessarily represent one person, the fact that so many addresses hold more than 1 BTC highlights the growing interest in and adoption of Bitcoin. This number of addresses with full BTC status increased considerably in February 2020 when Bitcoin was in the process of correcting after reaching its record high.
According to experts, this milestone highlights Bitcoin's establishment in mainstream finance, with certain individuals controlling multiple addresses and institutions or groups of people also holding Bitcoin. If you're considering investing in Bitcoin, this news could be a positive sign that it is becoming an increasingly popular and mainstream investment option. However, as with any investment, it's crucial to do your research before making any decisions.
If you're looking to join the ranks of those who own at least one Bitcoin, BC Bitcoin is a reputable cryptocurrency trading platform to buy and sell cryptocurrency. With over five years of experience in the industry, BC Bitcoin provides a secure and easy-to-use platform for users to purchase Bitcoins. The platform offers competitive rates, crypto asset management, a variety of payment options, and excellent customer support to ensure a seamless buying experience.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards