[2018-01-18] Bitcoin: Why It Now Belongs in Every Portfolio

mtnsaa

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Quote from: aso118 on January 19, 2017, 12:48:41 PM

I have people who are far away from the fields of technology and finance - like doctors, ask me about Bitcoin. Whether or not it makes it to every portfolio, it has certainly piqued interest.

Well honestly I think there's interest only because of these past rallies, people usually notice and wants to invest when it's high or pumping, then they lose interest on it and that's when they should be looking to buy.

One thing is undeniable and that is that blockchain tech made a lot of waves (especially with Ethereum) last year, "altcoins" were almost nonexistent in terms of mainstream news and with ETH rally at the start of the year, other profitable ICOs and the DAO, there were plenty of coverage for better or worse. Let's see what 2017 brings to the table.

aso118

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★Nitrogensports.eu★

I have people who are far away from the fields of technology and finance - like doctors, ask me about Bitcoin. Whether or not it makes it to every portfolio, it has certainly piqued interest.

just_Alice

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Quote from: Karartma1 on January 19, 2017, 02:23:22 AM

A technology is called “disruptive” if it creates a new market that first disturbs and then displaces an earlier technology. Bitcoin is
potentially such a technology and much more. The fact that it can disrupt the largest and most interconnected marketplace in the world—money, banking and finance—makes it perhaps the most promising investment opportunity of our age.
Unlike our current increasingly unstable and unpredictable financial system, Bitcoin has 21st century technologies at its very core.

Read more -> http://www.nasdaq.com/article/bitcoin-why-it-now-belongs-in-every-portfolio-cm734833

I think Bitcoin-based technologies definitely can directly compete in the $2 trillion annual market for electronic payments as the article is stating, but I don't think it can change much in the $4.5 trillion cash market. Cash will stay here for a long time whether we like it or not.

maku

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About time for Nasdaq.com to cover a bitcoin story, it's very good article, with some well presented facts (with sources!) and info.
It is rare to see so pro-bitcoin article on a website which is known to support old fashioned investing methods.
Instant bookmark for me.

1Referee

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People are slowly making their way to Bitcoin, but it's still mostly due to the volatile nature of Bitcoin, where it goes up and down a few hundred $$ several times a year. And then I am not even talking about the massive bull runs that result in a double price. I have seen people around me talking about Bitcoin as they have bought themselves 0.5BTC and some even more than a whole Bitcoin. But if you look at what they know about Bitcoin, then it's shocking to tell you that they don't know anything. It's pretty difficult to explain them things as for them this is a gamble rather than a well thought out investment plan. Interest in potential profits 100%. Interest in technical aspects of Bitcoin 0%. It's almost shocking...

Karartma1

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A technology is called “disruptive” if it creates a new market that first disturbs and then displaces an earlier technology. Bitcoin is
potentially such a technology and much more. The fact that it can disrupt the largest and most interconnected marketplace in the world—money, banking and finance—makes it perhaps the most promising investment opportunity of our age.
Unlike our current increasingly unstable and unpredictable financial system, Bitcoin has 21st century technologies at its very core.

Read more -> http://www.nasdaq.com/article/bitcoin-why-it-now-belongs-in-every-portfolio-cm734833

Topic: [2018-01-18] Bitcoin: Why It Now Belongs in Every Portfolio (Read 364 times)