You are viewing a single comment's thread from:

RE: What do you think about Bitcoin is this the end ???? Help another people with your experience

in #bitcoin7 years ago

LOL, just relax and read this article:

Wall Street and Bitcoin: The Tide Is Turning
By Teeka Tiwari and Greg Wilson

Last week, we sent you an alert raising our buy-up-to price on bitcoin to $25,000 and informing you about the new bitcoin narrative coming to Wall Street.
If you haven’t read the alert yet, we encourage you to do so now.
It’s important you understand this narrative. By doing so, you’ll understand the big picture. And you won’t let short-term price swings shake you out of your position.
For example, consider some recent headlines.
• JPMorgan Chase CEO Jamie Dimon called bitcoin a fraud.
• Former Chief Economist of the World Bank Joseph Stiglitz says bitcoin should be banned.
• Interactive Brokers, one of the country’s largest electronic brokerage firms, is so scared of bitcoin, it took out a full-page ad in the Wall Street Journal to express its deep concern over bitcoin futures.
This is what the average person sees, and it scares them out of bitcoin.
But we know better.
I’ve crisscrossed the world speaking with central bankers, derivatives brokers, and fund managers. The behind-the-scenes truth is that Wall Street money is preparing to rush into bitcoin and cryptocurrencies.
It’s going to be like an ocean going through a garden hose. And it all has to do with the new narrative taking hold in the minds of institutional money managers that we told you about in the alert.
That is: Wall Street now sees bitcoin as a viable asset for portfolio diversification.
Study after study is showing that adding a small allocation of bitcoin will improve returns while lowering overall portfolio volatility.
For institutional money managers, this will be like discovering the Holy Grail.
Inner Circle members should check out Chris Lowe’s most recent issue. In it, he interviews Jack Tatar, co-author of Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond.
In the interview, Chris and Jack talk about the new narrative and provide some numbers to back it up.
This is a narrative we expect will drive mainstream adoption of bitcoin as a legitimate portfolio asset. Our call is that 2018 will be the year Wall Street finally accepts bitcoin.
We’re starting to see it already.
In a recent interview, Ari Paul, the chief investment officer of crypto hedge fund BlockTower Capital said:
If you size [bitcoin] appropriately, if you size it small, the risks are idiosyncratic. It actually reduces the risk of a portfolio. So endowments and pensions, as they get comfortable in the space… they’re going to get in. And that’s a massive wall of money coming into a relatively small asset class.
Ari thinks we’ll see the first endowment invest in bitcoin in 2018.
The next time you see a scary bitcoin headline, keep the big picture in mind.

Sort:  

OMG i Love you for this SUPER-CONTENT :* That was the best post i´ve seen. Thank you very much my Bitcoin Heart is now HIGH :)

WOW what a compliment, thank you.

Also, please know that Bitcoin prices are suffering now cause, as the CoinDesk reported, the world's largest investment banks called for a postponement of the the launch of bitcoin futures listings.

BTC could suffer a pullback to sub-$10,000 levels, but it will be short lived, so please keep your Bitcoin Heart HIGH!!

Long live the bitcoin :-)

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 65236.35
ETH 3483.12
USDT 1.00
SBD 2.51