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Title: 34e4e Post by: R20231030 on April 12, 2022, 03:11:40 PM 4e34e
Title: Re: Morningstar takes a look at the crypto industry Post by: jackg on April 12, 2022, 04:10:52 PM I thought they'd been investigating it for a while? I thought m I'd heard about them before in terms of investing in bitcoin (it was probably on this board).
I think we'll only see a positive price impact if bitcoin is packaged with other assets (being added on it's own, I don't think it'd be a significant thing - especially if it's just added to give investors more choice) Title: Re: Morningstar takes a look at the crypto industry Post by: avikz on April 12, 2022, 04:55:43 PM It's good to see that biggies like Morningstar has started noticing the crypto market. But I really don't want this to happen. I really don't want to see more and more corporates investing their millions into crypto market anymore. Once corporates have the controlling power of the crypto market, that will not be good for retail investors like us.
Morningstar provides investment data and advisory to big corporates so it may look bullish for short te4m but not really good for long term. Title: Re: Morningstar takes a look at the crypto industry Post by: NeuroticFish on April 14, 2022, 03:45:34 PM If big institutions didn't invest in bitcoin, you wouldn't soon be able to sell your bitcoins at $40,000-$60,000. The thing is... the "rumors" about these companies eyeing Bitcoin have the potential to rise the price even before they get to actually buy. So imho they won't tell anything if they are seriously thinking to invest... until they've already invested. My point is that while all this sounds more than good, I would not get overly happy only for rumors, or for companies only "taking a look". |