After previously slamming Bitcoin and other digital currencies as “not real”, “fad”, and “a pyramid scheme”, billionaire traditional investor Howard Marks made a spectacular U-turn on his views on the new financial technology in his latest memo to Oaktree Clients.
Tag Archive: digital currencies
Bitcoin Investment, Markets and Prices, News, News teaser Markets and Prices, News, News teaser
Howard Marks, the renowned founder of Oaktree Capital Management who called the Dotcom bubble and 2008 financial crisis, has painted a dismal view of cryptocurrencies in his latest ‘Oaktree memos’ which have seen him likened to Warren Buffet. Although Marks’ views have long been influential and well respected in the investing community, Bitcoin prices have rallied ever since the billionaire’s warnings about it. The 22-Page Oaktree Memo Marks’ memo, which was extremely detail oriented over
Bitcoin, Bitcoin Acceptance, Bitcoin Breaking News Brief, Bitcoin Education, Bitcoin Exchange, Bitcoin Price, Breaking Bitcoin News, Breaking News, Companies, News, News teaser
There is no denying how Bitcoin is becoming more and more popular, despite stern warnings from central banks around the world. While Bitcoin may pose a risk due to it not being controlled by banks or authorities, that is also one of the selling points of this popular digital currency. Mainstream adoption is still a little while away, the there is a growing demand and respect for what bitcoin is trying to achieve. Also
Bitcoin, Bitcoin Acceptance, Bitcoin Gambling, Bitcoin Games, Bitcoin Service, News, News teaser, Trending
Although gambling is a big industry, online gambling is still not as significant as it could be. Its proportion of the gambling industry currently hovers around 10%. However, over the last few years, online gambling have emerged as a popular choice among people. According to H2 Gambling Capital, the online gambling market in terms of gross winnings, has a global market value of €21.73bn ($28.54bn) in 2012. Interestingly, since the emergence of Bitcoin, the total value of
Bitcoin, Bitcoin Regulation, News, News teaser, Press releases, Trending
On Wednesday, March 25 the Securities and Exchange Commission (SEC) adopted new rules to facilitate smaller companies’ access to capital. The new rules presented by the SEC will provide a greater level of confidence from investors and there will be an increased amount of choices. Also Read: Bitcoinist Assistant Editor’s Formal BitLicense Comment These new rules are said to be updated and expanded from Regulation A, an existing exemption from registration for smaller issuers of securities. The
Bitcoin, Companies, News, News teaser, Press releases, Services
SchiffGold, is a company managed by Peter Schiff, currently one of the largest international precious metal dealers who as early this year started to accept Bitcoin. Formally branded as Euro Pacific Precious Metals, SchiffGold along Amagi Metals and Digital Tangible became the most reputable Precious Metal dealers to first integrate Bitcoin as payment for Gold and Silver Bullions. The Company specializes in dealing high-quality bullion coins and bars always providing the best options and lower
Bitcoin, Conferences, Conferences and Meetings, News, News teaser
The city of Rio de Janeiro in Brazil will be hosting the second Latin American Bitcoin Conference. This international event on digital currency will be featuring more than 40 speakers, including Tony Gallippi (BitPay) and Nicolas Cary (BlockChain.info), CEOs of major Bitcoin startups, and Ronaldo Lemos (MIT-MediaLab), the Civil Marco creator and host of one know TV program (Globo News). One of the sponsors of the event is Coinverse, a pioneer company in Brazil who brought and installed the first bitcoin ATM in the country and is set to be at the event showing their financial product solutions.
Altcoins, Bitcoin, Companies, Knowledge Base, News, News teaser
Matthew Drive, President of Mastercard believes we are seeing a huge change in payment technology whether its digital convergent or crypto currencies; it is very important for the company to look and understand what are the real benefits put into the system by this new technology; for consumers, merchants, governments, or even financial services providers what’s really critical is that what they are putting into the marketplace is trusted.