Bitcoin Press Release: Ancora, the exclusive upscale stationery producer from Italy, has unveiled the world's first Cryptocurrency Pen series that is inspired by today's top blockchain platform. 11 April 2018, Milan, Italy - The pens manufactured under this brand are distributed along the Token Sales model line,

Bitcoin Beats Gold On Every Front

• While interest in gold is starting to grow, the yellow metal did not get a warm reception at the 23 annual Sohn Investment Conference.

PRODUSEN PENA MEWAH ITALIA ANCORA 1919 MELUNCURKAN CRYPTOCURRENCY PEN SERIES

• The pens produced under this brand are distributed along the Token Sales model line, such as the coins and tokens of the cryptocurrencies they represent. This distribution model allows for a unique advantage for early bird investors, which has been successfully demonstrated by Bitcoin Pen released by the company late last year. Based on the client voting made during the launch of Pen Bitcoin, Ancora now presents the next limited edition - Ethereum Pen.

From April 8 to May 8, Ethereum Pen continues its pre-production sales. Early bird investors at this stage receive 50% discount compared to market price, and 88 lbs. pen. All numbers will be available on a "first come - first served" basis. Ethereum pen tip will be made of 18K gold. The production phase will be billed with a discount of 40%, and will take place from May 12 to May 27. Retail sales will begin in July, and this Ethereum pen production will be a unique writing accessory.

The pens include a modern, easy-to-use filling system that minimizes the possibility of spills, as proven by Pen Bitcoin owners along with other qualities such as a very comfortable writing experience. Ancora has been known for its faithful adherence to the tradition of producing unique stationery accessories for a hundred years, and will continue to bring exceptional products to their customers for the next few years.

In his presentation, John Pfeffer, partner at Pfeffer Capital, picked bitcoin over gold, saying that the cryptocurrency is “the first viable candidate," to replace gold.

He added that bitcoin is better than gold "on every front."

While Pfeffer is a fan of bitcoin and the blockchain technology he doesn't’ think every asset is equal and aside from bitcoin, most are bad bets.

Pfeffer also put his bitcoin where is mouth, donating ten digital tokens to the Sohn Investment Conference Foundation, which raises money for pediatric cancer research.

At current prices, his donation is valued around $90,000. However, he added that the foundation could not sell the coins for five years.

But it is not only gold that didn't shine for Pfeffer; the fund manager also said that he sees bitcoin thriving in countries that have a failing currency.

He explained that if bitcoin can displace 25% of foreign reserves, the digital currency’s network would be valued at around $6.4 trillion.

Pfeffer’s comments come as bitcoin finds some support trading near a one-month high. However, the digital coin has a long way to go to regain its previous glory. Bitcoin is down 55% from its record highs seen in mid-December.

Meanwhile gold is struggling to find momentum as it trades at the lower end of a well-established trading range. June gold futures settled Monday at $1,334.20 an ounce. Gold is currently up 1.4% since the start of the year.

This year the Sohn conference raised $3 million for its initiatives and has raised a total of $85 million in the last 23 years.
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