Leo Melamed, the Chairman Emeritus of CME Group stated out on Tuesday that
Bitcoin holds the potential to become an individual asset class in days to come much like that of stocks and gold.
Leo Melamed, the chairman emeritus of CME Group feels that
Bitcoin holds the potential of being treated as an exclusive asset class much like gold and stock.
The debate also focused on whether
Bitcoin holds the potential of being treated only as a store of value like digital gold or both as a store of value and a medium of exchange like digital cash.
Not exact matches
Bitcoin's down today, but with its recent rebound in value, holders — even the enthusiasts who want to bypass banks — could find it hard to resist the
potential to
hold onto their
Bitcoin in hopes of seeing substantial cash returns.
Eventually, Coinbase reversed course and agreed to allow users to access their
potential Bitcoin Cash
holdings at the start of next year.
While
Bitcoin and other cryptocurrencies continue to
hold tremendous
potential value as a...
While
Bitcoin and other cryptocurrencies continue to
hold tremendous
potential value as a medium of exchange, it is the underlying distributed ledger technology, blockchain, which has emerged to truly capture the interest of entrepreneurs, venture capitalists, financial institutions and other corporations.
However,
bitcoin can not be placed in the same category since it is not legal tender and has very few uses outside its trading zone, thereby making investors
holding the currency that has zero value extremely vulnerable to
potential risks.
Eventually, Coinbase reversed course and agreed to allow users to access their
potential Bitcoin Cash
holdings at the start of next year.
Chun, who plans to
hold bitcoin through the remainder of 2017, has a $ 5,000 end - of - year price target on
bitcoin, a price figure that includes
bitcoin cash and any other
potential «fork currencies» created as a result of disagreements over the network's future.
People have only just started to realize that
Bitcoin is in fact the Internet of money, and it
holds as much
potential to change the world as did the Internet itself back in the early 1990s.
Choking
Bitcoin development will not realize the
potentials it
holds for the future, for instance when the internet was launched, no one could have predicted its monumental benefits to society today.
Tapscott, whose Blockchain Revolution: How the Technology Behind
Bitcoin is Changing Money, Business, and the World is coming out in April 2016, referred to blockchain as «the biggest innovation in computer science in a generation» which «
holds the
potential for unleashing countless new applications and as yet unrealized capabilities that have the
potential to transform everything in the next 25 years.»
Christine Lagarde, the Managing Director of International Monetary Fund
holds the view that
Bitcoin houses the
potential to become the global future in days to come.
In spite of such backlashes,
Bitcoin Cash remains to
hold tremendous
potential in the world of digital currency.
It is involved in making specialized chips which
hold the
potential to perform critical hash functions which are very much required during
Bitcoin trading and
Bitcoin mining activities as well as packaging of these chips into Antminer S9, the topmost
Bitcoin mining rig.
The firm
holds the core belief that once the full
potential of
Bitcoin gets unlocked, it might evolve into an universal currency which can spread across the global periphery to create a borderless economic zone.
This day has been marked in cryptocurrency calendar as
Bitcoin Pizza Day as a sign of the massive
potential this dynamic token
holds.
It also
holds the tremendous
potential of hiking up the price of
Bitcoin by thousands of dollars.
In all reality, buying
Bitcoin and
holding it throughout the long term offers the
potential for huge profits without having to stare at order books all day long.
Once the bug in its system was discovered, Zaif quickly voided all transactions that took place during that window, as Reuters reports, but that hasn't stopped the
potential Bitcoin trillionaire from trying to
hold on to their impossible returns.
Despite the downward pressure,
Bitcoin has managed to
hold above $ 7000, probably because many
potential investors feel more comfortable purchasing
Bitcoin now.
Any 80 % crash would no doubt translate to a considerable amount of collateral damage in the wider cryptocurrency space meaning that this
potential event is far from limited in its impact to those
holding bitcoin.
On January 9, the Government Accountability Office (GAO) released a report calling on the IRS to better inform taxpayers about the reporting requirements and
potential liabilities of
holding bitcoin and other cryptocurrencies in their IRAs.
However, should the software platform progress as much as
bitcoin has over the last seven years, ether prices may
hold significant upside
potential.
Whether this will prove to be a decent combat to the increasingly centralized nature of the current state of
Bitcoin mining remains to be seen, as large corporate controlled operations rather than a collective of truly decentralized users,
hold a vast,
potential unfair sway over the
Bitcoin network.
It's that underlying software and network, as opposed to a currency built upon it such as
bitcoin, that
holds the most
potential for changing the commercial real estate business.