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Limited Edition of Hublot Watches Will Be Sold for BTC Only

  • Antony Koroid
    📰 News

    Premium watchmaker Hublot released a limited watch collection dedicated to the 10th anniversary of Bitcoin and available only for the cryptocurrency


Limited Edition of Hublot Watches Will Be Sold for BTC Only
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Swiss premium watchmaker Hublot released a limited watch collection named Big Bang Meca-10 P2P. Model is dedicated to the 10th anniversary of Bitcoin and can be bought only for the cryptocurrency. Hublot will release 210 copies of the anniversary model, their official price will be $25,000, the manufacturer notes.

IT Watch

Big Bang Meca-10 P2P was created by Hublot in cooperation with one of the largest Asian digital assets seller, OS Limited (OSL). The basis of the anniversary model was the most famous and successful Hublot’s model — Big Bang watches, created in 2005.


Big Bang Meca-10 P2P watches were produced in a 45 mm black ceramic case. The watch is equipped with the HUB1201 caliber, designed for a 10-day power reserve — by the number of years Bitcoin exists. Each of the 210 instances of the Big Bang Meca-10 P2P will get a buyer’s transaction number.

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The number manufactured Big Bang Meca-10 p2p — 210 — is a reference to the fact that only 21 mln Bitcoins can exist. The watch design also reminds of IT-technologies. The leather strap has a pattern of a network of computer interconnects.

The presale of watches began on Sept. 19, 2018; the first time they were officially presented was on Nov. 6. Buyers will receive them in January.

Wave of criticism

At the same time, industry reps and IT-journalists criticized the watch for an inflated price and a complete lack of high technologies.

Paying $25,000 or their equivalent in BTC, you might think you’ll get a lot of hot technical functions to justify its cost, notes Gizmodo’s observer. The Apple Watch Series 4 for $500 (just 2% of Hublot Meca) can make phone calls, take an ECG, and tell its owner if they’ve got atrial fibrillation.

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“But no. For tens of thousands of dollars, what Hublot delivers is essentially a time-challenged Bitcoin fanboy’s wet dream. First, there’s only going to be 210 of these obscenities made — a reference to the fact that there can only be 21 million Bitcoin in existence. Sure. Also, each will be emblazoned with the Bitcoin transaction number used to buy it. Just in the case while you’re on your yacht in Bali with your other ludicrously rich buddies, you take off your Meca-10 P2P and a hilarious watch mix-up ensues,” claimed Gizmodo.

At the same time, critics point out that buying Hublot Meca-10 seems a skosh shady. To make a pre-order, you need to contact OS Limited (OSL), a Hong Kong-based “digital asset” brokerage. They require information that may seem superfluous to customers. It includes the self-portrait with a photo or ID, a copy of ID, proof of address as well as utility bills of bank statements for the last three months.

“And you have a check a tiny little box that allows Hublot and OSL to use your information that you’ve uploaded onto their truly, very secure website. Isn’t that ... sort of counter to the whole ethos of cryptocurrency?” the luxury watches critic concludes.

Cover image via u.today
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Crypto Wonders: Binance Coin (BNB) Hits Its New ATH, Surpassing Its January 2018's Peak

  • Alex Morris
    📰 News

    Binance Coin is so far the second cryptocurrency (after EOS) that managed to rebound after January 2018's drawdown


Crypto Wonders: Binance Coin (BNB) Hits Its New ATH, Surpassing Its January 2018's Peak
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After surging by more than 14 percent over the last 24 hours, Binance Coin has managed to surpass its previous ATH that was recorded during the peak of the bull market in January 2018, according to the data provided by CoinMarketCap (CMC). The historic rally was triggered by numerous recent developments inside the exchange’s ecosystem.  

Binance Coin, CoinMarketCap
Binance Coin continues to register double-digit gains, image by CoinMarketCap

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BNB makes history

At the time of writing this article, the price of the BNB token is at $24.65, rising above its previous ATH of $24.46 that was recorded on Jan. 12. Hence, Binance Coin, the seventh largest cryptocurrency by market capitalization, becomes only the second asset to reach a new price peak after the crash of the speculation-driven bull market. EOS, which is sitting one spot above BNB on CMC, achieved a similar feat in May 2018.

‘Binance Coin is outpacing the overall crypto market. While Bitcoin is off 75% from its all-time-high, Binance Coin has recovered. There is fundamental growth and synergy taking place that is contributing to the rising price of Binance Coin,’ says BitBull Capital CEO Joe DiPasquale.

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Pumping other coins

On Apr. 18, Binance launched the mainnet of its custom Blockchain Binance Chain. The migration of BNB tokens from Ethereum to Binance Chain is scheduled to take place on Apr. 23. This is going to be the second largest token swap in history.

Binance, which is now completed with Ethereum, has already on-boarded some Blockchain projects, including Mithril (MITH) that experienced a 70 percent price pump after its launch on Binance Chain.

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