Topic: Bitcoin is a good investment now, because... - page 102. (Read 105549 times)

I think it is going to reach 1K$ US Dollar before the end of the month.
The price seems to be stronger then ever, and the hype on the news site are also helping the price to grow.

The price went from 780$ to 900$ in just 3 days, a bright future is ahead of us!

Bitcoin right now are moving great these days.. and we touch in 900 value above our wish are already been filled and i think 1k value can be still have a chance to reach that value.. for now better to wait until christmass or it will be the same as last year that before near christmass the price is dump or crash high.. so if you are satisfied right now start to sell some and the rest hold it..

bitcoin has already touched the $900 dollars and I've just checked it while ago, well this will be a very merry Christmas for those people who held their bitcoin since the past few months . and this will serve as another proof that bitcoin is a very good investment .

Author Charles Dickens' classic, A Tale of Two Cities, begins this way: "It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness ... ."

According to one stock market analytical firm, GMO, today's market behavior resembles Dickens' book, which was published in 1859 and was set during the time of the French Revolution some seven decades earlier.

As the firm noted, in recent days much of the investing and financial world was focused on a meeting in Jackson Hole, Wyoming, attended by Federal Reserve chairperson Janet Yellen. But GMO analysts were watching other things and events happening in the market.

In August, the firm noted in its monthly report – reproduced in part by Zero Hedge – that Shiller P/E, a respected metric for measuring U.S. equities valuation, surpassed 27. Given that normally its range is somewhere slightly above 16, it appears that valuations are looking a bit larger than they should be.

What's more, GMO noted, the last time the Shiller P/E was above 27 was in October 2007, "and we all know how that movie ended," the GMO report said.
 

'A tale of mediocrity, at best'

And though no one at the analytical firm is saying that the nation and the world are set to experience another Great Recession and near-meltdown of the global economic order – and nothing is written in stone saying that stocks are not allowed to become more expensive – "we continue to maintain our bias against U.S. stocks," the firm said in its report.

At the same time, the firm said, it was tracking a widening disconnect between fundamentals of the U.S. economy, corporate America and their stocks. "It really is a tale of two cities," the analytics firms said, "one of mediocre fundamentals versus a meteoric rise in markets."

In assembling some relevant metrics pertaining to the overall health of the economy and some top-line/bottom-line figures from the S&P 500 index, the firm looked at gross domestic product growth, productivity and household income, in addition to some others like revenue and earnings for U.S. stocks, just to round out the assessment.

"It is a tale of mediocrity, at best," the firm wrote in its report.

After that, analysts contrasted those metrics with actual market returns of the S&P 500 Index spanning the past five years. "Truly meteoric," the firm wrote, adding this caveat: "As an aside, we at GMO have always been leery of drawing too many investment conclusions from staring at economic data–we are more valuation-oriented, after all–but even we are struck by the divergence."

I guess you need to see an update regarding the price of bitcoin now. The coin is now valued $895 and it is close to $900. So for those people who believed and invest with this coin earlier, they are ones who are going to make their Christmas very merry. And this is the best thing in bitcoin, by just letting it sleep in your cold storage, you can get profit.

I guess you need to see an update regarding the price of bitcoin now. The coin is now valued $895 and it is close to $900. So for those people who believed and invest with this coin earlier, they are ones who are going to make their Christmas very merry. And this is the best thing in bitcoin, by just letting it sleep in your cold storage, you can get profit.

Bitcoin is an incredibly wise asset to invest in right now.
Bitcoin is a great investment because it's worth over $800 per coin despite still relatively being in its infancy. The potential is huge & you could today pay $600 for 1 coin which could be worth 10 x that in 5-10 years, maybe more.

because it is limited , unlike fiat currency