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Re: Evangelist DEUT 8-18 post# 50460

Sunday, 04/05/2015 10:33:14 PM

Sunday, April 05, 2015 10:33:14 PM

Post# of 73707
Yes, bitcoin is really interesting stuff.
It could be VERY big, depending on how it all
works out in the next few years.

BYSD

Why Marc Andreessen is Long on Bitcoin
http://www.coindesk.com/marc-andreessen-long-bitcoin-short-apple-pay/

Excerpt - for some that did not see the recent interview on Bloomberg.

Andreessen invented Netscape 20 years ago, and is very bullish on Bitcoin.

This week marks 20 years since Andreessen created Netscape Navigator. He now sits at the helm of venture capital firm Andreessen Horowitz.

With the Netscape anniversary in mind, Andreessen told Chang that he anticipates more change in the payments space in the next five years than there has been in the previous 20, and that there would be two major drivers of that change: Apple Pay and bitcoin.

“What we say from our [Andreessen Horowitz’s] standpoint is that, in the long run, bitcoin is by far the most innovative and radical thing,” he said, adding:

I was just sitting here watching TV when the program Stossel the program started talking about bitcoins! And how credit cards are going to disappear! They were talking about Apple pay and many other things. But the one man that he had on his program said he was really excited about bitcoins. He said that was going to be the biggest thing to come and take over as payment. The program just ended but it was interesting.


Diversify. We invest to make profits. You need to take profits when you have large spikes in stocks, especially if you are up over 100%.
At least sell half, and ride some free shares.
Have some stocks, EM, bonds, real estate, etc.

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