For those of you who are ‘now’ looking at Blockchain, see this article on Seeking Alpha we authored in March of 2016 urging investors to go long Overstock.com (OSTK) which we did, and profited nicely. Like the whole move with Bitcoin, it would have taken patience to sit and hold through the process, now almost 2 years.
Things take time to build, develop, and grow. Now we’re on the precipice of what we believe is the ‘real’ bull run for crypto, that being the regulated run.
Until now, there hasn’t been really a way to buy or invest in cryptocurrencies or businesses in a regulated way. Now there’re futures on regulated exchanges, and the TZero ICO.
To read about the TZero ICO you should go to its website, and read the following Seeking Alpha article here: Overstock’s current price, and majority of value, is not being driven by its historic e-commerce business. The equity is likely also acting as a proxy for cryptocurrency exposure for institutional investors who cannot directly invest in the crypto market. Read more from seekingalpha.com…
thumbnail courtesy of seekingalpha.com