(ZHE) — Former Fortress Principal Michael Novogratz left the firm’s colossal macro hedge fund almost two years ago, but has been discussing investments in virtual currencies since 2013 when he told a UBS conference…
“Put a little money in Bitcoin…Come back in a few years and it’s going to be worth a lot.”
Originally appeared at RussiaFeed.com
Vyacheslav Putilovsky, an analyst at Expert RA:
“Russia’s not a very developed banking market. The top banks here are betting that they can catch up and maybe even overtake their Western competitors in their adaptation of this type of technology.”
Bitcoin and its underlying technology blockchain are game-changing technologies that are reshaping and revolutionizing the world economy. Often hidden behind the headlines of Bitcoin’s meteoric rise in market value and blockchain’s technological promise is a basic understanding of what these two technologies are and where they come from. Let's explore the fundamentals of Bitcoin, Ethereum, and their underlying technology, blockchain.
(ANTIMEDIA) – After its meteoric rise in value, Bitcoin has many financial analysts wondering aloud how high the cryptocurrency’s ceiling may go. Several have concluded that Bitcoin could soon outpace expectations in a grandiose way. Goldman Sachs’ head of technical strategy, Sheba Jafari, believes Bitcoin could soon reach a record-high of nearly $4,000 per coin.
Now times are getting serious. The biggest banks and brokerage houses are on board. Tens of thousands of blockchain startups exist. There is a crowdfunding campaign for a new digital service and token nearly every day. There are so many white papers being issued that no one can keep up. For all the world, it looks like Tulipmania except that this is what many people have claimed for eight years, during which time a new world has been born.
The cryptocurrency Ether just hit $200. Let me explain what has just happened and what that means.
On the last 18th of August I attended the Robin Hood1 pop up lab in Helsinki, Finland. I was expecting one more of those nurturing sessions of saving the world with much love and of course, post-its! No, it was a well-attended session where a real practical approach is being thought out and applied.
