Bitcoin Forum
December 14, 2017, 05:07:05 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2017-11-13]Institutional investors close to adopting bitcoin  (Read 1523 times)
vit05
Full Member
***
Offline Offline

Activity: 126

ADA will worth 2 dollars


View Profile
November 13, 2017, 11:43:56 PM
 #1

https://www.cnbc.com/2017/11/13/novogratz-says-institutional-investors-will-soon-adopt-bitcoin.html

Institutional investors close to adopting bitcoin, says ex-Fortress executive Novogratz

Mike Novogratz, the former macro hedge fund manager at Fortress Investment Group who has joined the mad dash for crypto-currencies, said mainstream institutional investors are about six to eight months away from adopting bitcoin.

Novogratz said he expects major financial firms will soon start to offer bitcoin or similar products as an investment option, one that could be easily purchased over the phone.

"When it's that easy, the price of bitcoin or ethereum is going to go much higher. And that is a lot closer than people think," said Novogratz, who spoke at the Reuters Global 2018 Investment Outlook Summit in New York.

Novogratz is now chief executive of Galaxy Investment Partners, a firm that bets on cryptocurrencies and related businesses.


Blum bla bla Blum
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!