Bitcoin Forum
May 05, 2024, 08:13:20 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines
Pages: [1]
« previous topic next topic »
  Print  
Author Topic: [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines  (Read 825 times)
LiteCoinGuy (OP)
Legendary
*
Offline Offline

Activity: 1148
Merit: 1010


In Satoshi I Trust


View Profile WWW
June 03, 2014, 06:24:47 PM
 #1
$5 Billion Insurance Company Offers Bitcoin Coverage to Businesses

http://www.coindesk.com/great-american-insurance-bitcoin-coverage-businesses/


and the next big news Smiley
OVERVIEW: BITCOIN HARDWARE WALLETS https://bitcointalk.org/index.php?topic=899253.0
Litecoin Info: https://litecoin.com/ *** BTC CHARTS: https://forum.bitcoin.com/topic334.html
1714896800
Hero Member
*
Offline Offline

Posts: 1714896800

View Profile Personal Message (Offline)

Ignore
1714896800
1714896800
Reply with quote  #2
1714896800
Report to moderator
1714896800
Hero Member
*
Offline Offline

Posts: 1714896800

View Profile Personal Message (Offline)

Ignore
1714896800
1714896800
Reply with quote  #2
1714896800
Report to moderator
1714896800
Hero Member
*
Offline Offline

Posts: 1714896800

View Profile Personal Message (Offline)

Ignore
1714896800
1714896800
Reply with quote  #2
1714896800
Report to moderator
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714896800
Hero Member
*
Offline Offline

Posts: 1714896800

View Profile Personal Message (Offline)

Ignore
1714896800
1714896800
Reply with quote  #2
1714896800
Report to moderator
1714896800
Hero Member
*
Offline Offline

Posts: 1714896800

View Profile Personal Message (Offline)

Ignore
1714896800
1714896800
Reply with quote  #2
1714896800
Report to moderator
acs267
Hero Member
*****
Offline Offline

Activity: 644
Merit: 500



View Profile
June 03, 2014, 06:25:31 PM
 #2
It's getting accepted more and more. Best news for right now.
LiteCoinGuy (OP)
Legendary
*
Offline Offline

Activity: 1148
Merit: 1010


In Satoshi I Trust


View Profile WWW
June 03, 2014, 07:05:30 PM
 #3
http://cryptocrimson.com/2014/06/big-business-insurance-moves-bitcoin/
OVERVIEW: BITCOIN HARDWARE WALLETS https://bitcointalk.org/index.php?topic=899253.0
Litecoin Info: https://litecoin.com/ *** BTC CHARTS: https://forum.bitcoin.com/topic334.html
kjlimo
Legendary
*
Offline Offline

Activity: 2086
Merit: 1031


View Profile WWW
June 03, 2014, 07:21:53 PM
 #4
almost like these bitcoins are real!
Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
lewisg
Sr. Member
****
Offline Offline

Activity: 281
Merit: 250


View Profile
June 04, 2014, 07:33:57 AM
 #5
The Insurance Company needs to calculate what the demand/value would be if x% of international/national trade were conducted in BTC. Then we would know where we're at.
★ Cryptcominer.com ★ Earn up to 4.5% daily ★
★ Online Investment Company ★
bryant.coleman
Legendary
*
Offline Offline

Activity: 3654
Merit: 1217


View Profile
June 04, 2014, 07:53:35 AM
 #6
Hmm... good news. But I am a bit skeptical as well. Unlike the fiat business, Bitcoin-based business can be a lot more riskier. There is constant risk of wallet robberies and hacks.
Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
June 05, 2014, 08:19:45 PM
 #7
This is telling. Insurance companies are some of the best in the world at evaluating risk and future growth. This is a subtle but big bullish sign if these guys see bit coin as a long term safe investment. 
▓▓▓ BITMIXER.IO ▓▓▓▓▓▓ High Volume Bitcoin MIXER ▓▓▓
bryant.coleman
Legendary
*
Offline Offline

Activity: 3654
Merit: 1217


View Profile
June 07, 2014, 03:06:50 PM
 #8
Quote from: Ron~Popeil on June 05, 2014, 08:19:45 PM
This is a subtle but big bullish sign if these guys see bit coin as a long term safe investment. 

Offering insurance coverage for Bitcoins and Bitcoin-related business doesn't mean that the insurance giants are viewing it as a long term safe investment. But overall, it is a positive development for Bitcoin.
tins
Hero Member
*****
Offline Offline

Activity: 882
Merit: 500


View Profile
June 08, 2014, 01:37:45 AM
 #9
Quote from: Ron~Popeil on June 05, 2014, 08:19:45 PM
This is telling. Insurance companies are some of the best in the world at evaluating risk and future growth. This is a subtle but big bullish sign if these guys see bit coin as a long term safe investment. 

Maybe. As of now, the article states, that this coverage is only offered as an endorsement (rider) to a policy. Not offered as a stand alone policy.
Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
June 08, 2014, 03:42:59 AM
 #10
Quote from: tins on June 08, 2014, 01:37:45 AM
Quote from: Ron~Popeil on June 05, 2014, 08:19:45 PM
This is telling. Insurance companies are some of the best in the world at evaluating risk and future growth. This is a subtle but big bullish sign if these guys see bit coin as a long term safe investment. 

Maybe. As of now, the article states, that this coverage is only offered as an endorsement (rider) to a policy. Not offered as a stand alone policy.

You can cover great distances in big or small steps, the only difference is the amount of time it takes.
▓▓▓ BITMIXER.IO ▓▓▓▓▓▓ High Volume Bitcoin MIXER ▓▓▓
Pages: [1]
  Print  
Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2014-06-03] CD: $5 Billion Insurance Company Offers Bitcoin Coverage to Busines
 « previous topic next topic »
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!