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Re: nicehit post# 4189

Thursday, 01/25/2018 8:56:44 PM

Thursday, January 25, 2018 8:56:44 PM

Post# of 7538
Did you notice the next article from your linkThe Stock Markets
There were a couple ways to make quick money at the end of 2017: buy bitcoin or buy blockchain stocks. Some experts say bitcoin is in one of the biggest bubbles of all-time right now, but others will say blockchain stocks will continue to climb during 2018 and reward savvy early investors. There’s no way to tell (hint: this is not investing advice) but a few stocks have exploded in value and made their mark on the TSX. HIVE Blockchain Technologies debuted earlier this year and has since grown massive amounts. At one point it had grown 1,000 per cent in a few months, but has since levelled out. Closely held cryptocurrency companies will guard their proprietary technology by acquiring public companies and instigating a reverse takeover, such as Bitfury’s investment into the Vancouver-based Hut 8. Investment bankers with knowledge in the field have likened the growth to the introduction of medical marijuana stocks, and soon recreational marijuana companies as well. Only one thing—blockchain is bigger and better. “I think blockchain will be 10 times the size of the medical marijuana space,” the CEO of GMP Capital Harris Fricker told The Financial Post. If cryptocurrency is here to stay, then the blockchain companies responsible for mining and maintaining them will only grow in size. The market will eventually grow to accept them in terms of regulatory compliance, and the market cap will just keep growing.