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The Economics of Cryptocurrencies Anonymous Tue Mar 27 10:25:06 2018 No.8584794 [Reply] [Original]

https://www.youtube.com/watch?v=GGberGnxiJk&feature=youtu.be [Embed]

A lot of info in there to summarize, but it's an extremely bullish presentation by Thomas Lee, Wall Street strategist (JP Morgan) with over 25 years of experience in equity research, and has been top ranked by Institutional Investor every year since 1998. Thoughts?

>store of value market $280 trillion, if BTC captures 1% of market price will be $150,000

>crypto correlation to other asset classes low and falling

>millennials average age is 26, still early and approaching prime income years, don't trust banks and like growth stocks, and they aren't buying gold or equities

>coinbase profitability may exceed ICE in 2018

>JP Morgan, Goldman Sachs and ICE entering crypto

>>	Anonymous Tue Mar 27 10:27:22 2018 No.8584840 >"Bitcoin reduces your portfolio volatility" Very important

>>	Anonymous Tue Mar 27 10:36:38 2018 No.8584972 >>8584794 LITERALLY WHO ?

>>	Anonymous Tue Mar 27 10:39:29 2018 No.8585018 File: 192 KB, 300x300, 1519728865363.gif [View same] [iqdb] [saucenao] [google] >>8584840

>>	Anonymous Tue Mar 27 10:40:32 2018 No.8585032 >>8584840 >Bitcoin reduces your portfolio volatility This is so crazy it might actually work

>>	Anonymous Tue Mar 27 10:41:27 2018 No.8585044 >>8584972 Thomas Lee, Wall Street strategist (JP Morgan) with over 25 years of experience in equity research, and has been top ranked by Institutional Investor every year since 1998 >>8585018 Watch the presentation, try debunk it

>>	Anonymous Tue Mar 27 10:43:09 2018 No.8585063 >>8584794 If anyone is interested in the slides, https://www.slideshare.net/msuster/fundstrat-bitcoin-blockchain-presentation-for-upfront-summit

>>	Anonymous Tue Mar 27 10:43:10 2018 No.8585064 >>8585018 Read a book, you fucking simp. BTC is uncorrelated with markets. A 1% BTC allocation improves your volatility and sharpe ratio.

>>	Anonymous Tue Mar 27 10:44:25 2018 No.8585074 >Shills crypto >not a jew Every time. Gonna watch a video a bit later, thanks for an actual content

>>	Anonymous Tue Mar 27 10:44:42 2018 No.8585077 File: 6 KB, 225x225, download.jpg [View same] [iqdb] [saucenao] [google] >>8584794 Who is this poor faggot?

>>	Anonymous Tue Mar 27 10:46:24 2018 No.8585104 File: 508 KB, 1192x814, 9178716e882e7f309f3bb3c9ac904500.png [View same] [iqdb] [saucenao] [google] >>8585063 gods work >>8585032 >>8585018 as demonstrated

Anonymous Tue Mar 27 10:46:42 2018 No.8585110

>>8585032
>>8584840
stupid fucking brainlets, I don't even need to watch the video to know he means allocating a small percentage of your portfolio when he says this, like 1-5%

Unlike you turbo autismos who put 100% of your portfolio into this shit show. But the guy in the video is right because crypto is still an uncorrelated asset with almost everything else, so a small hedge in crypto should reduce volatility.

>>	Anonymous Tue Mar 27 10:47:16 2018 No.8585121 >>8585032 If part of your portfolio is not correlated to the rest of your portfolio, the whole portfolio is less volatile

Anonymous Tue Mar 27 10:49:44 2018 No.8585151
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>>8585121
>>8585110
>>8585104
>>8585074
>>8585064
>>8585032
>>8585044
>>8584972
>>8584840
Walks into your house starts sharting all over your investments.
Spews diarrhea all over your coffee table. Slaps your wife on the ass chuckles tell you about default swamps. Ask's why you are so poor asks his security to beat the shit out of you. Leaves.

>>	Anonymous Tue Mar 27 10:50:45 2018 No.8585160 >>8585110 >stupid fucking brainlets I know what he means you sperg and it's true, low covariance with existing asset classes will reduce a portfolio's volatility is properly allocated happy?

>>	Anonymous Tue Mar 27 10:52:01 2018 No.8585174 >>8585160 thought you were being sarcastic/ironic like every other sperg here

>>	Anonymous Tue Mar 27 11:02:49 2018 No.8585306 >>8585174 What is wrong with being sarcastic it's like you don't like fun.

>>	Anonymous Tue Mar 27 11:22:50 2018 No.8585563 uncorelated /= inversly corelated tho. If stocks/ gold and all the other boomer shit tanks you still have no gaurantee btc won't do the same

>>	Anonymous Tue Mar 27 11:48:08 2018 No.8585893 >>8585174 >sperg >/r9k/ is that way

>>	Anonymous Tue Mar 27 12:02:43 2018 No.8586104 >not remembering 2014 when good news meant jack shit

>>	Anonymous Tue Mar 27 12:14:13 2018 No.8586293 >>8585110 1-5% for institutions is more than any of us will ever see in our lives

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