You think this could be ICOs as an investment vehicle not the blockchain as a netork could simply wither and die? And both are dangerous.
A friend of mine was a Wall Street veteran. A few years ago, he was trying to get a startup fund going offering trading vehicles priced in Bitcoin. It was a good idea but way ahead of its time.
When they went out to sell their product to customers virtually every customer told them they loved what they were doing. However, they said the risk was too great. Of course, the cynics deride Dimon and say he is talking his book. VC Mark Suster had a nice tweetstorm about it.
I agree with some of his points and would go further. Stores jamie dimon bitcoin fire trader value have deep markets with hedging and leverage. Bitcoin is a one way cash market right how. Bitcoin is not gold. All the hedging and leverage instruments are coming. But, it has to get by government regulators and the existing entrenched structure on Wall St.
Governments will eventually embrace cryptocurrency and blockchain. They will have to. Taxpayers will demand it. Blockchain has the potential to get rid of thousands of government workers and decrease the cost of running the government. Dimon is in one phase of the evolution on thinking about Bitcoin. The first phase is you think the whole thing is bunk.
The next phase is about embracing the technology of the blockchain, but discarding the transactional piece of cryptocurrency. The last phase is understanding how the crypto fits in with the blockchain, and realizing it all fits together. Without value in the crypto that backs up the blockchain, why would miners have an jamie dimon bitcoin fire trader incentive to support it? Dimon is not only speaking his opinion, he is also talking to his shareholders. When the time comes for the mainstream banking world to embrace Bitcoin, JPM will lead the way.
I would agree with anyone who said the ICO craze is way overdone. Whenever there is easy money to be made and uninformed breathless speculation, fraudsters enter.
The mid s snake oil salesman is now in the ICO jamie dimon bitcoin fire trader. There are certainly pump and dump schemes all over, just like their have been for stocks that JPM trades. Wall Street is where the pump and dump was invented. In the banking world, everything is recorded and stored.
It could evaporate tomorrow. If you want to spend it, sell it. Take your profit and keep the cash. The first three trading days of JanuaryLean Hogs were limit bid. I lost quite a bit of my profit. It was almost impossible to cover, but you could add if you wanted.
The market turned South again and I had a really good trade getting out in March. Both jamie dimon bitcoin fire trader limit bid for three days, and the turn back down were volatile and violent.
The point is, I jamie dimon bitcoin fire trader afford to lose it. What will the price of Bitcoin and the rest of crypto do? The answer is no one knows. Where ever it goes, the shock will happen fast and if you are on the wrong side it will be vicious. The Chicago Bitcoin Summit. You believe that tokenizing economies around certain jamie dimon bitcoin fire trader makes sense?
You believe that this makes sense in concept but is gonna hit a bubble and dramatically correct? Hows that for putting you on the spot? He has consulted on
Better cut the crap and bring in something true, I really do smell something fishy. For more information about SteemitBoard, click here.
This post will outline how to program your own simple bot by interfacing with the Bittrex API. Posted by The Circle Poloniex Team at 2018-05-01 18:45:56 We have received some questions on the upcoming Monero hard fork at block 1564965.