Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says

Good thing that all these Wall Street CEOs share these nuggets of wisdom with us uncouth plebeians. Their charity is out of this world! Now I just need to know what Jim Kramer thinks of this and I'm good.

Re: Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says

#7

Post by VMG » Wed, Sep 27, 2017, 3:29 PM UTC

noipv4 wrote: post #3

if I invest in Bitcoin today, am I still an early adopter?

Depends on who you think will adopt it after you.

Re: Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says

#8

Post by adamnemecek » Wed, Sep 27, 2017, 3:29 PM UTC

noipv4 wrote: post #3

if I invest in Bitcoin today, am I still an early adopter?

I think that it will go to like 20k in the next 4 years but there are coins that will grow much more. Bitcoin is the conservative investment.

Re: Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says

#9

Post by jmkni » Wed, Sep 27, 2017, 3:30 PM UTC

* Call it a fad

* Price goes down

* Buy

* Say it's not a fad

* Price goes up

* Sell

* ...

* Profit?

Re: Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says

#10

Post by rb808 » Wed, Sep 27, 2017, 3:31 PM UTC

> "The concept of anonymous currency is a very interesting concept -- interesting for the privacy protections it gives people, interesting because what it says to the central banking system about controlling that."

I don't think he means bitcoin in particular, it could be any crypto currency. Bitcoin is still a ponzi scheme in bubble phase.