Is Bitcoin a Good Investment?
For some time, we have seen some stability on the Bitcoin price, and a large belief that even the volatility was seemingly decreasing was starting to be accepted by many people. But yesterday, an enormous collapse on the Bitcoin price made this conviction go away. Despite its speculative nature, bitcoin is emerging as a viable alternative asset class for institutional and retail investors alike. It has an immense amount of investment potential and is unlike any investment product in the world today. Investing in bitcoins offers exposure to a global technology used by thousands of companies....
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Compared to other investments Bitcoin has been a bad performer of 2014, losing 52 percent against the US dollar, The Verge reports. But that's good news, because the less Bitcoin is seen as a speculative currency, the easier it will be for Bitcoin to gain momentum as a technology. "{i]f you're more interested in the disruptive innovation that the blockchain technology behind Bitcoin might enable, the price of each coin is actually immaterial. What matters most is that the currency stabilizes, avoiding massive changes in value that might scare off the merchants and consumers who have yet to....
Investment bank JPMorgan Chase is stockpiling cash according to the company’s CEO Jamie Dimon. The investment banker doesn’t seem to believe inflation is “transitory” and he thinks there’s a “very good chance” inflation could stick around. JPMorgan Chase CEO: ‘I Do Expect to See Higher Rates and More Inflation’ At the end of April, Bitcoin.com News reported on the Federal Open Market Committee (FOMC) and explained how FOMC members said the benchmark interest rate will be kept near zero. Moreover, members of the FOMC also said the....
Synthetic assets open up several opportunities for investors by not confining them to a specific location. If the concept excites you, there’s good news from XCarnival. Recently, XCarnival announced it has secured a two-million US dollar seed investment in its quest to reinvent synthetic assets in crypto. This investment was led by top crypto funds including Fundamental Labs, Zonff Partners, SNZ, EVG, NGC, etc. At the same time, institutions like AU21, Incuba Alpha, DFG, WaterDrip, LD Capital, Gate, ChainCapital and Bitrise Capital. “We are very excited for the funding....
We have received comments from Bitcoin traders that they believe the Bitcoin Price on Mt. Gox will fall below 150 USD today. Is this the end of Mt. Gox? Investment opportunities. Since the Bitcoin price is plummeting at the moment, it might be wise to invest Bitcoins into other businesses and/or altcoins as they tend to get an upswing when the Bitcoin price is falling. The cryptocurrency exchange mcxNOW have a few good investment opportunities. The mcxFEEs have almost doubled in value, including MaxCoin. Have a look. This is a part of the Cryptocurrency Investment Club by....
The world is still very confused about bitcoin. For example, some press are still writing the old stories about the phenomena as an investment: Man buys $27 worth of bitcoin, forgets about them, finds they're now worth $886,000. It makes for a good headline, but reinforces the view that bitcoin is just some basketcase currency, rather than a currency that should put into a basket of currencies. This will change. In fact, some banks are already starting to say bitcoin good, blockchain good, rather than bitcoin bad, blockchain good. On this note, there’s a really interesting commentary from....