Bitcoin Forum
May 11, 2024, 06:55:59 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin akin to institutional asset classes?  (Read 93 times)
CryptoHaris (OP)
Jr. Member
*
Offline Offline

Activity: 32
Merit: 1


View Profile
September 15, 2018, 10:33:33 AM
 #1

Sure. This may sound all rosy for investors who worry about security.

But does Bitcoin need to be like the other official asset classes?

Bitcoin has its own freedom and the SEC and all others who vouch for this should stop pushing it.

Talks about Goldman Sachs looking at a proper trading desk and other news are also around.

All the way in India, the Supreme court is set to decide on the legality of cryptocurrency on 17th September.

The Chicago Board of Options Exchange is also offering forwards for Bitcoin.

Here is an interesting article about all of this- http://fortune.com/2018/09/12/crypto-grow-institutional-asset-class/
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
MorningTradeNeo
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
September 18, 2018, 07:51:03 AM
 #2

Bitcoin does not been to be like the typical official asset classes. It is us who gives emphasis on SEC and to people like Ver and Sachs, and then follow their decisions and put the market in shambles. But it is high time that we take the steering wheel in our own hands.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!