Kodak Coins Launch

Kodak is a company that is very familiar to most consumers. In fact, most people owned at least one Kodak product, growing up. Eastman Kodak Company, established in 1888, is a true survivor. Of course, the company has hit some rough times over the years. Consumers need for their type of products changed. Kodak changed along with the times and has designed a very interesting new marketing plan to drive up sales. The company has decided to join the world of crypto-currency. A new digital type of exchange currency. Kodak plans to launch their own currency, the Kodak Coin.

Kodak Coins Launch
Many insiders view the launch of the Kodak Coins as a ploy by Eastman Kodak Company to keep up with the times and to stay relevant with today’s younger consumer that gravitates to the more technically advanced products. The good news is that this last ditch effort to stay relevant seems to have worked for the company that faced bankruptcy in 2013. Furthermore, the companies stock prices have skyrocketed after announcing the launching of the Kodak Coins.

Smells Like A Scam
Remember, if it sounds too good to be true, it probably isn’t. Many are comparing the Kodak Coins to bitcoins, which have enjoyed some amazing success with online traders. The Kodak Coin launch appears like the perfect marketing solution for an established company that is still trying to stay relevant. However, there are plenty of insiders stating that the whole idea is a scam. They state that it is totally ridiculous to compare Kodak’s idea to bitcoin. This type of marketing deal would never work in the real world. Most people would label it a scam immediately. However, the digital world really is different.

The New Kodak Emerges
The Kodak of today is only a shell of a reminder of a former company that was established over a hundred years ago. Today, the company really does not have that much relevance with the iconic American photography products produced by the company. Today, the company has licensed out their iconic name to several sources.

Bitcoin Breaks Cryptocurrency Value Record

The cryptocurrency, Bitcoin has not been universally accepted by many traditional investment specialists seeking to downplay the importance of a new way of creating monetary value in the digital domain. A recent report from the BBC revealed a new record had recently been set by Bitcoin with each coin valued in November 2017 at just over $10,000 for the first time in the eight-year history of the development of this new style of currency.

At the start of 2017, it seemed as though the cryptocurrency bubble was about to burst with the cryptocurrency trading in the hundreds of dollars following some criticism from investment specialists and global financial leaders such as those found in the United Arab Emirates. The rise of Bitcoin across 2017 has come at a time when plans to alter many of the ways this form of cryptocurrency was mined and valued which many experts feared may lead to a split in the Bitcoin mining community.

Records had already tumbled for Bitcoin in the Fall of 2017 as the cryptocurrency had reached a then-record $9,000 in value just days before the latest record fell as the overall value of Bitcoin reached its highest level to date. The overall value of Bitcoin on November 27th, 2017 was rated at more than $167 billion for those already mined which is impressive for a form of currency many predicted would fail soon after the first Bitcoin’s were mined.

Despite some traditional investment specialists looking to show their lack of confidence in the rise of Bitcoin the decision by U.S.-based futures trader, the CME Group to develop a futures trading platform base don Bitcoin will provide a further boost to the value of the cryptocurrency. Now accepted on most financial markets, Bitcoin has come a long way from the first attempts to trade the currency which include the purchase of two pizzas in exchange for 100 Bitcoins.