General Stock Ideas

[gfp927z]

Bigworld, >> Ethereum <<


Ethereum does seem intriguing considering their backing from large corporations. And the chart showing its adoption and market cap indicates that it might overtake Bitcoin soon.

I started doing some research and at this stage it still looks very problematic owning these cryptocurrencies, like the wild wild West on steroids. There is one quasi ETF out there (GBTC) which represents 1/10 of a Bitcoin, but it trades at a huge 70% premium over the actual Bitcoin price. There is a bonafide Bitcoin ETF which is attempting to get the OK from the SEC, but is still not available. Once/if that becomes available it'll be a whole new ballgame and the public will jump in bigtime.

I started a 2nd board yesterday just for cryptocurrency related articles, and the first 7 posts are a long article that explains the general landscape, how and where to buy cryptocurrencies, and the many risks and shortcomings (and there are a lot of them) -


https://investorshub.advfn.com/The-MacGuffin-32392/


The SEC rejected the Bitcoin ETF earlier this year over 'lack of regulation', but the SEC apparently said they will reconsider it later. This ETF is sponsored by the Winklevoss brothers -

Winklevoss twins (from Wikipedia) -

https://en.wikipedia.org/wiki/Winklevoss_twins