NYSE invests in bitcoin ecosystem

[HarmonLi]

I also think it's a very good thing to get a lot of FIAT into the actual backbone and infrastructure of Bitcoin and not only into the currency itself. Sure, it's tempting to see millions of USD flowing into BTC, but the ecosystem needs to sustain and justify the high prices, as well!

it is good if you know what you are doing and have good capital. Otherwise you might do bad stuff or get scammed and lose all your money.

For people that don't understand the technicals buy BTC might be better

Exactly it means people have faith in the big companies behind bitcoin (The companies help to give it value imo)

Bitcoin is not a religion (though it seems to be for a lot of folks around here).

There are always die-hard fanatics... It doesn't matter what topic. People can be fanatics about sport, music, cars, watches, military, wine, and also currency or technology. It's not a Bitcoin-specific thing, really...

[neurotypical]

I also think it's a very good thing to get a lot of FIAT into the actual backbone and infrastructure of Bitcoin and not only into the currency itself. Sure, it's tempting to see millions of USD flowing into BTC, but the ecosystem needs to sustain and justify the high prices, as well!

it is good if you know what you are doing and have good capital. Otherwise you might do bad stuff or get scammed and lose all your money.

For people that don't understand the technicals buy BTC might be better

Exactly it means people have faith in the big companies behind bitcoin (The companies help to give it value imo)

Bitcoin is not a religion (though it seems to be for a lot of folks around here).

So what, having faith is a valid word outside religious context. We have faith in Bitcoin in the sense of we think thinks will turn out good for it given evidence (aka, all other alternatives are crap and Bitcoin is the original and has all the network power effect).

Some people even have faith in "Technical" Analysis.

You better have faith in the bets you put because there is always a lot of luck involved. Pray some to St Satoshi.

[Kipsy89]

Those guys are experts, man. They already made a lot of money with those kinds of investments. If you don't take a risk you can't make money. That's the way things go. And they see something in the Bitcoin startup companies! It reassures me, man!