1. Residential Real Estate Market of Hyderabad, Bangalore, Pune in Revival Mode, Says Modi Builders Marketing Head
  2. Why 2018 Is Off To A Bad Start For Those With Credit Card Debt
  3. Here’s What You Need To Know To Launch A Successful Side Hustle
  4. Why You Should Build A Giving Portfolio Today
  5. Why Following The Investment Experts In 2017 Would Have Lost You Money
  6. Why 5 Big Players Bemoan Bitcoin
  7. More Than Half Of Americans Don’t Have These Essential Estate Documents, Do You?
  8. More Booms And Busts As SEC, Fed Lose Independence?
  9. Ripple Drops More Than 30% In A Week As Hype Fades
  10. Go Back To Work Or Stay Home With The Baby? Part 2: How To Do Both
  11. Aalok Devkota Sells Ameren And Pilgrim’s Pride, Buys iRobot And Baozun
  12. Average Cost Of An American Christmas
  13. The Key to Financial Independence? Saving Money
  14. How to Build Savings From Zero
  15. 4 money lessons every teenager needs to know
  16. Warning About Roth IRA Conversions: Often Misunderstood IRS Rule Can Cost You Money and Aggravation
  17. IRS Sets Final 2018 Deadline For Roth Conversion Do-Overs
  18. How This Technology WIll Change Small Businesses
  19. Are you hiding money from your live-in partner?
  20. Do you have stock market FOMO?
  21. Is 2018 the year to buy a house?
  22. Millennials may look financially healthy, but…
  23. 4 money lessons every teenager needs to know
  24. If You Don’t Have Money In the Bank, Something Is Off in Your Business
  25. 3 Tech Strategies You Can Use to Earn and Save More Money
  26. Top Sources of Capital for Business Owners
  27. Revealed: Steps on How to Incorporate Your Business
  28. Secrets of Running a Successful Crowdfunding Campaign
  29. What direction to go If Your Parcel Shipping Is Too Heavy?
  30. B.C. premier’s Plan A in the wake of Site C
  31. Nornickel plans investing 1 trillion rubles in ecology, modernization within five years
  32. Understanding how Financial Instrument Leasing Works
  33. What is So Fascinating About Property Investment?
  34. NCR housing investments risk a collapse, warns Delhi realtor Jagmohan Garg
  35. Top Guide of Ico Ranker
  36. Which cheap and best rank tracker is Right?
  37. DISCOUNT REALTY HOMES FOR SALE ON THE WEB
  38. Importance And Benefits Of Getting Installment Loans Up to $5000
  39. Growing Future Naturopathy Authorities
  40. Before Starting a New Business, Every Start up Needs This Report
  41. I ought to just try
  42. Saw that it was covered
  43. People all the time
  44. He must have tried
  45. He always rolled back
  46. Get into that position
  47. Chooses to enjoy a pleasure
  48. Every pleasure is to be
  49. These matters to this principle
  50. I lie close to the earth
  51. Heaven and earth seem
  52. However a small line
  53. About the blind texts almost
  54. The coast of the Semantics
  55. Supplies it with the necessary
  56. Dragged her into their agency
  57. Had grass morning
  58. Where they abused her
  59. Said could convince her and
  60. Around and return to its own
  61. Replenish itself
  62. Came from it would have been
  63. If several languages coalesce
  64. To achieve this it would be necessary
  65. I neglect my talents
  66. Heaven and earth seem
  67. Grammar resulting language
  68. Her for their projects again
  69. Where it came from it
  70. Then she continued her way
Thursday, February 22, 2018
  1. Residential Real Estate Market of Hyderabad, Bangalore, Pune in Revival Mode, Says Modi Builders Marketing Head
  2. Why 2018 Is Off To A Bad Start For Those With Credit Card Debt
  3. Here’s What You Need To Know To Launch A Successful Side Hustle
  4. Why You Should Build A Giving Portfolio Today
  5. Why Following The Investment Experts In 2017 Would Have Lost You Money
  6. Why 5 Big Players Bemoan Bitcoin
  7. More Than Half Of Americans Don’t Have These Essential Estate Documents, Do You?
  8. More Booms And Busts As SEC, Fed Lose Independence?
  9. Ripple Drops More Than 30% In A Week As Hype Fades
  10. Go Back To Work Or Stay Home With The Baby? Part 2: How To Do Both
  11. Aalok Devkota Sells Ameren And Pilgrim’s Pride, Buys iRobot And Baozun
  12. Average Cost Of An American Christmas
  13. The Key to Financial Independence? Saving Money
  14. How to Build Savings From Zero
  15. 4 money lessons every teenager needs to know
  16. Warning About Roth IRA Conversions: Often Misunderstood IRS Rule Can Cost You Money and Aggravation
  17. IRS Sets Final 2018 Deadline For Roth Conversion Do-Overs
  18. How This Technology WIll Change Small Businesses
  19. Are you hiding money from your live-in partner?
  20. Do you have stock market FOMO?
  21. Is 2018 the year to buy a house?
  22. Millennials may look financially healthy, but…
  23. 4 money lessons every teenager needs to know
  24. If You Don’t Have Money In the Bank, Something Is Off in Your Business
  25. 3 Tech Strategies You Can Use to Earn and Save More Money
  26. Top Sources of Capital for Business Owners
  27. Revealed: Steps on How to Incorporate Your Business
  28. Secrets of Running a Successful Crowdfunding Campaign
  29. What direction to go If Your Parcel Shipping Is Too Heavy?
  30. B.C. premier’s Plan A in the wake of Site C
  31. Nornickel plans investing 1 trillion rubles in ecology, modernization within five years
  32. Understanding how Financial Instrument Leasing Works
  33. What is So Fascinating About Property Investment?
  34. NCR housing investments risk a collapse, warns Delhi realtor Jagmohan Garg
  35. Top Guide of Ico Ranker
  36. Which cheap and best rank tracker is Right?
  37. DISCOUNT REALTY HOMES FOR SALE ON THE WEB
  38. Importance And Benefits Of Getting Installment Loans Up to $5000
  39. Growing Future Naturopathy Authorities
  40. Before Starting a New Business, Every Start up Needs This Report
  41. I ought to just try
  42. Saw that it was covered
  43. People all the time
  44. He must have tried
  45. He always rolled back
  46. Get into that position
  47. Chooses to enjoy a pleasure
  48. Every pleasure is to be
  49. These matters to this principle
  50. I lie close to the earth
  51. Heaven and earth seem
  52. However a small line
  53. About the blind texts almost
  54. The coast of the Semantics
  55. Supplies it with the necessary
  56. Dragged her into their agency
  57. Had grass morning
  58. Where they abused her
  59. Said could convince her and
  60. Around and return to its own
  61. Replenish itself
  62. Came from it would have been
  63. If several languages coalesce
  64. To achieve this it would be necessary
  65. I neglect my talents
  66. Heaven and earth seem
  67. Grammar resulting language
  68. Her for their projects again
  69. Where it came from it
  70. Then she continued her way

When it comes to cryptocurrencies like Bitcoin, I almost always defer to people who know markets, technology and money much better than I do.

I am generally optimistic about blockchain, the technology behind cryptocurrencies, as a promising way to do everything from track transactions to pay artists. Yet I’m not sure that cryptocurrencies are the right way to use this technology — yet.

Keep in mind that many mainstream economists and bankers are sour on Bitcoin. Cryptos aren’t subject to regulation, central banking supervision or many of the checks and balances of the modern money system.

Those are good reservations to have, but shouldn’t stop us from exploring alternatives to the reserve banking system, which has had obvious problems in the past.

Goldman Sour On Cryptos — For Now

Let’s start with the most recent insights by Goldman Sachs,which just issued a 108-page report, which is a broad-based economic outlook:

“There is no doubt that the rise in bitcoin’s price has pushed it into bubble territory,” the report states on page 37. “While we do not know if Bitcoin or any other cryptocurrency will double or triple from prevailing prices, we do not believe that these cryptocurrencies will retain their value in the long run in their current incarnation.”

Does this mean that Goldman might be a big crypto player in the future? They could be, but it sounds like they are looking for more market transparency and faster trading.

The Bubble Problem…

Few mainstream investors are saying that the run-up in crypto prices isn’t a bubble. They are looking at past bubbles and the length of time to took for prices to accelerate.

Jeremy Grantham compared Bitcoin’s price curve to that of the South Sea Company, Dutch Tulip Mania and stocks up until 1929. His graph was entitled “This is what a bubble looks like – acceleration, crazy behavior and nephews asking if they should buy.” I heard him speak at CFA Society Chicago on Tuesday. He’s a globally known value investor with GMO LLC.

Most manias, it should be noted, are characterized by non-investors plunging in at the worst-possible time – and not getting out before losing their shirts.

Exchanges Are Leading The Way

You can buy futures on Bitcoin prices on the CBOE and CME platforms. The contracts were made available on the exchanges late last year.

While futures are not direct regulation, they certainly give investors large and small a way to further bet on cryptocurrencies. And those trades could go both ways.

The latest news is NASDAQ is going to offer Bitcoin futures later this year. It’s worth nothing that the more exchanges get involved, the more rules will be put in place on trading and transparency. This is generally a positive development.

Government Regulators Are Getting Involved

In order to have a transparent and fair market, you have to know who’s trading what and when.

Although proponents of cryptocurrencies argue that blockchain allows users to see transactions, it’s still not clear who’s buying and selling.

That’s why the U.S. Securities and Exchange Commission is holding off on approving Bitcoin exchange-traded funds and other pooled vehicles.

Even South Korea wants to know who the big traders are, which is always helpful in stemming market manipulation. Initial coin offerings of cryptos is another concern.

SEC Chairman Jay Clayton issued this caution last month:

“I believe that initial coin offerings – whether they represent offerings of securities or not – can be effective ways for entrepreneurs and others to raise funding, including for innovative projects.  However, any such activity that involves an offering of securities must be accompanied by the important disclosures, processes and other investor protections that our securities laws require. ”

The World Economic Forum (Davos) Warning…

Finally, some of the world’s most influential leaders are cautious about cryptos. Although most of them represent the establishment of big banks and government, they are often on the mark on current trends.

Here’s what Axel Weber, chairman of the giant Swiss bank UBS said at Davos earlier this week: “This is not an investment we would advise.”

Weber joins a long list of crypto skeptics from Warren Buffet to Prof. Robert Shiller, a Nobel Prize winner. What do all of these big shots have in common? A healthy dose of intelligence about markets and behavior.

While I think cryptos have a future, like any tech-related trend, you’ll be best advised to sit out on the sidelines to see who the survivors will be. There will be more losers than winners, at least in the interim.

John F. Wasik is the author of “Lightning Strikes,” “Keynes’s Way to Wealth”and 15 other books on innovation, money and life. Follow him on Twitter and Facebook.

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