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makmak

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2021-06-08

There is this digital currency called public listed company stocks... 😛

Hong Kong Starts Project to Explore Issuing Digital Currency

2021-06-07

Nothing certain in life except death and taxes

抱歉，原内容已删除

2021-06-07

Where to I find the Reddit thread?

抱歉，原内容已删除

2021-06-07

[得意]

抱歉，原内容已删除

2021-06-07

A lot of speculative play

抱歉，原内容已删除

2021-06-07

What goes up...

2021-06-05

Apple lost its shine

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2021-06-05

Everybody Tiger's favorite stock 😛

2021-05-27

Speculative... I like 😁

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2021-05-21

hodl

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It remains open minded and hopes to offer “initial thoughts” in 12 months, it said.</p>\n<p>The study will look at consumer needs, data privacy, anti-money laundering requirements, and other legal and policy considerations, the authority said.</p>\n<p>At the same time, it has also started a concept study along with BIS Innovation Hub Hong Kong Centre to look at the potential for a retail level digital currency in the city.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Starts Project to Explore Issuing Digital Currency</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Starts Project to Explore Issuing Digital Currency\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 17:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-08/hong-kong-starts-project-to-explore-issuing-digital-currency?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong has started a project to explore issuing a digital currency that is anticipated to last over the next 12 months.\n“This is essentially a research study similar to what is being undertaken by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-08/hong-kong-starts-project-to-explore-issuing-digital-currency?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-08/hong-kong-starts-project-to-explore-issuing-digital-currency?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124989222","content_text":"Hong Kong has started a project to explore issuing a digital currency that is anticipated to last over the next 12 months.\n“This is essentially a research study similar to what is being undertaken by many other jurisdictions,” the Hong Kong Monetary Authority said on Tuesday. It remains open minded and hopes to offer “initial thoughts” in 12 months, it said.\nThe study will look at consumer needs, data privacy, anti-money laundering requirements, and other legal and policy considerations, the authority said.\nAt the same time, it has also started a concept study along with BIS Innovation Hub Hong Kong Centre to look at the potential for a retail level digital currency in the city.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114394935,"gmtCreate":1623048231827,"gmtModify":1634095862647,"author":{"id":"3584567290440937","authorId":"3584567290440937","name":"makmak","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3584567290440937","idStr":"3584567290440937"},"themes":[],"htmlText":"Nothing certain in life&nbsp;except death and taxes","listText":"Nothing certain in 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I like 😁","listText":"Speculative... I like 😁","text":"Speculative... I like 😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/132040198","repostId":"2138143105","repostType":4,"repost":{"id":"2138143105","kind":"highlight","pubTimestamp":1622042700,"share":"https://www.laohu8.com/m/news/2138143105?lang=&edition=full","pubTime":"2021-05-26 23:25","market":"us","language":"en","title":"Why Shares of Takung Art Are Surging Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2138143105","media":"Motley Fool","summary":"Investors have long speculated the company may one day jump into the nonfungible token (NFT) space.","content":"<h2>What happened</h2><p>Just when it looked like the non-fungible token (NFT) craze might be slowing down, shares of <b>Takung Art</b>&nbsp;(NYSEMKT:TKAT) jumped more than 22%, as of 10:40 a.m. EDT, for no apparent reason other than investor speculation that the company may jump into the NFT space.</p><h2>So what</h2><p>Takung has been a part of a basket of stocks that investors seem to think may enter the NFT space. Takung is not currently in the NFT space yet, but many believe the company could be a prime suspect to get in because it runs an online platform that allows artists, art dealers, and investors to exchange and invest in artwork. This would seem like an ideal platform to begin offering digital art, a large NFT category.</p><p>NFTs are digital files such as art, videos, and audio stored on&nbsp;blockchain, which is the digital ledger technology that powers cryptocurrencies. Some NFTs have already sold for millions of dollars, pushing some companies to begin offering NFTs, and many to believe the asset class has huge potential, not unlike the earlier days of cryptocurrencies.</p><h2>Now what</h2><p>Although it is just speculation, it is possible that Takung eventually jumps into the NFT space, given the demand from investors. Another stock long rumored to be an NFT candidate, <b>Hall of Fame Resort &amp; Entertainment</b>, eventually did make the move, which led to shares skyrocketing.</p><p>Regardless, I still would not invest in Takung based on NFT speculation alone. NFTs are a new asset class and still very volatile. It is unclear how much worth, if any, NFTs will have in the future.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Shares of Takung Art Are Surging Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Shares of Takung Art Are Surging Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/26/why-shares-of-takung-art-are-surging-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedJust when it looked like the non-fungible token (NFT) craze might be slowing down, shares of Takung Art (NYSEMKT:TKAT) jumped more than 22%, as of 10:40 a.m. EDT, for no apparent reason ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/26/why-shares-of-takung-art-are-surging-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/26/why-shares-of-takung-art-are-surging-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138143105","content_text":"What happenedJust when it looked like the non-fungible token (NFT) craze might be slowing down, shares of Takung Art (NYSEMKT:TKAT) jumped more than 22%, as of 10:40 a.m. EDT, for no apparent reason other than investor speculation that the company may jump into the NFT space.So whatTakung has been a part of a basket of stocks that investors seem to think may enter the NFT space. Takung is not currently in the NFT space yet, but many believe the company could be a prime suspect to get in because it runs an online platform that allows artists, art dealers, and investors to exchange and invest in artwork. This would seem like an ideal platform to begin offering digital art, a large NFT category.NFTs are digital files such as art, videos, and audio stored on blockchain, which is the digital ledger technology that powers cryptocurrencies. Some NFTs have already sold for millions of dollars, pushing some companies to begin offering NFTs, and many to believe the asset class has huge potential, not unlike the earlier days of cryptocurrencies.Now whatAlthough it is just speculation, it is possible that Takung eventually jumps into the NFT space, given the demand from investors. Another stock long rumored to be an NFT candidate, Hall of Fame Resort & Entertainment, eventually did make the move, which led to shares skyrocketing.Regardless, I still would not invest in Takung based on NFT speculation alone. NFTs are a new asset class and still very volatile. It is unclear how much worth, if any, NFTs will have in the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":435,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115215528,"gmtCreate":1622999484764,"gmtModify":1634096331536,"author":{"id":"3584567290440937","authorId":"3584567290440937","name":"makmak","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584567290440937","authorIdStr":"3584567290440937"},"themes":[],"htmlText":"[得意]&nbsp;","listText":"[得意]&nbsp;","text":"[得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/115215528","repostId":"1156802172","repostType":4,"isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":115219997,"gmtCreate":1622997696819,"gmtModify":1634096335795,"author":{"id":"3584567290440937","authorId":"3584567290440937","name":"makmak","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584567290440937","authorIdStr":"3584567290440937"},"themes":[],"htmlText":"A lot of speculative play","listText":"A lot of speculative play","text":"A lot of speculative play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/115219997","repostId":"1137046018","repostType":4,"repost":{"id":"1137046018","kind":"news","pubTimestamp":1622941042,"share":"https://www.laohu8.com/m/news/1137046018?lang=&edition=full","pubTime":"2021-06-06 08:57","market":"us","language":"en","title":"If you’re thinking about investing in bitcoin, consider these risks first","url":"https://stock-news.laohu8.com/highlight/detail?id=1137046018","media":"CNBC","summary":"Bitcoin was originally created to be like digital cash, but it’s real-world use case has evolved sin","content":"<div>\n<p>Bitcoin was originally created to be like digital cash, but it’s real-world use case has evolved since its inception. More than anything, investors are buying it now as a speculative investment.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/05/if-youre-thinking-about-investing-in-bitcoin-consider-these-risks-first.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If you’re thinking about investing in bitcoin, consider these risks first</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf you’re thinking about investing in bitcoin, consider these risks first\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-06 08:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/05/if-youre-thinking-about-investing-in-bitcoin-consider-these-risks-first.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin was originally created to be like digital cash, but it’s real-world use case has evolved since its inception. More than anything, investors are buying it now as a speculative investment.\nThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/05/if-youre-thinking-about-investing-in-bitcoin-consider-these-risks-first.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/05/if-youre-thinking-about-investing-in-bitcoin-consider-these-risks-first.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1137046018","content_text":"Bitcoin was originally created to be like digital cash, but it’s real-world use case has evolved since its inception. More than anything, investors are buying it now as a speculative investment.\nThe price was sitting at $37,100 as of Friday afternoon and has been struggling to rebound to its May highs after Tesla CEO Elon Musk began moving crypto markets, sending bitcoin lower. The cryptocurrency is the largest by market cap, which is $693 billion as of Friday, according to Coin Metrics.\nHistorically, bitcoin’s demand has been driven largely by retail investors, but that narrative changed late last year as big investors and institutions began reconsidering their positions on it. Bitcoin has always and continues to suffer from reputational issues that are hard for it to shake, mostly because of its newness and therefore the lack of data or history to support its raison d’être.\nIf you’ve gotten caught in the confusion and misinformation around bitcoin, here are the key things to focus on if you’re considering bitcoin for your portfolio.\nBull case\nBitcoin, like gold, is a non-sovereign store of value that people can use to store wealth outside of the U.S. dollar system. It’s “digital gold” as its proponents often say, which is attractive given the increasing collective concern about inflation. More than that, it has the potential, once the market structure evolves, to serve as digital cash both domestically and across borders.\n“These are large markets, and you get them almost as a free call option on the ‘digital gold’ thesis,” said Matt Hougan, chief investment officer at Bitwise Asset Management. It’s also an attractive asset from a portfolio construction perspective, he added, because it gives investors high potential returns, low correlations to stocks and bonds, and liquidity in one asset.\n“The bull case can be seen when you look at the price trend, volume, and retail and institutional adoption,” said Max Schatzow, an attorney at Stark & Stark, where he advises investment advisers and broker-dealers on a range of financial regulatory matters. “We already witnessed the price north of $60,000 so with current prices, it would seem like there is room for growth based solely on historical prices. If demand continues to rise, that price should probably follow.”\nBear case\nBitcoin is high risk with potentially high reward or complete wipeouts that go to zero, said Jason Pride, CIO of private wealth at Glenmede. For that reason, his firm doesn’t recommend investors include it in their portfolio, despite some of the high returns the market has seen from it. Many point to bitcoin as being a diversifying non-correlated asset, but Pride noted that with every equity decline the market has seen, bitcoin has declined dramatically in tandem with it.\n“If the Fed were to pull back on stimulus, a majority of risk assets would decline,” he said. “If we were to have some extraordinary event, an economic downturn, bitcoin would probably be suffering right alongside equities. It did during the pandemic and during the December 2018 correction, which was a market liquidity event.”\nPlus, major exchanges and insurers might not have enough reserves to cover all their cryptocurrency activity, Schatzow said.\nBiggest risks\nVolatility– Bitcoin’s price suffers from massive swings due to its speculative nature and developing market infrastructure. While less volatility is necessary for it to prove itself a more reliable asset, it will always be somewhat volatile because of its perfect inelasticity, meaning the quantity of the bitcoin supply (which, again, is set at 21 million) doesn’t change in response to a move in the price of bitcoin. However, as the market structure continues to improve and mature price volatility should calm down.\n“Investors should think of bitcoin as a long-term buy-and-hold investment,” said Hougan. “Those who try to speculate on the short-term price movements of bitcoin are liable to get hurt.”\nLack of regulation– Cryptocurrencies are still so young that regulators still don’t fully understand which agencies should regulate them or how, since crypto also doesn’t fit perfectly into existing frameworks. For example, because bitcoin and other digital assets aren’t securities, they aren’t available on most custodial platforms. Custodians and other regulated financial firms can’t accommodate the rising crypto demand until there’s more regulatory clarity, which could slow industry growth. “More regulation will significantly help boost bitcoin’s adoption, to a point,” Hougan said. “But regulators could over-reach or enact poorly designed regulations that would hurt growth, and that is a risk worth monitoring.”\n“The continued lack of regulation and enforcement of intermediaries, promoters, and institutional traders is a disservice for bitcoin and its potential growth and acceptance,” Schatzow added. “Some people think regulation will hurt its prospects, but without a viable regulator of market participants, the market is susceptible to manipulation.”\nOther digital assets– It may have taken bitcoin more than a decade to be taken seriously by establishment institutions, but as it gains momentum, developers are working hard cryptocurrencies we’ve never even heard of that might become more dominant than bitcoin for one reason or another. “Development of alternative digital assets, currencies, and technologies are happening at supersonic speeds,” Schatzow said. “No one can predict whether Bitcoin will be the choice digital currency or store of value for the future. If people collectively decide that another digital currency or store of value is better, it could hurt bitcoin’s prospects. It seems remote now given Bitcoin’s staying power, but this is a nascent industry and don’t discount what happened to AOL.”\nPortfolio sizing\nAdvisors say bitcoin should be a complementary play, not a competitive one. Having an outsized position in bitcoin carries a lot of risks and investors need to size their allocation accordingly. ”[Bitcoin] can fall 50% in a very short period of time,” Hougan said. “If you have 1% to 5% of your portfolio invested in bitcoin, that’s not so bad.  But if you have 50% of your portfolio invested in bitcoin, that can be very, very tough. Position sizing is key.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139699081,"gmtCreate":1621610591343,"gmtModify":1634187649084,"author":{"id":"3584567290440937","authorId":"3584567290440937","name":"makmak","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584567290440937","authorIdStr":"3584567290440937"},"themes":[],"htmlText":"hodl","listText":"hodl","text":"hodl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139699081","repostId":"1174075999","repostType":4,"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117560172,"gmtCreate":1623151589796,"gmtModify":1634036426806,"author":{"id":"3584567290440937","authorId":"3584567290440937","name":"makmak","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584567290440937","authorIdStr":"3584567290440937"},"themes":[],"htmlText":"There is this digital currency called public listed company stocks... 😛","listText":"There is this digital currency called public listed company stocks... 😛","text":"There is this digital currency called public listed company stocks... 😛","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117560172","repostId":"1124989222","repostType":4,"repost":{"id":"1124989222","kind":"news","pubTimestamp":1623145043,"share":"https://www.laohu8.com/m/news/1124989222?lang=&edition=full","pubTime":"2021-06-08 17:37","market":"hk","language":"en","title":"Hong Kong Starts Project to Explore Issuing Digital Currency","url":"https://stock-news.laohu8.com/highlight/detail?id=1124989222","media":"Bloomberg","summary":"Hong Kong has started a project to explore issuing a digital currency that is anticipated to last ov","content":"<p>Hong Kong has started a project to explore issuing a digital currency that is anticipated to last over the next 12 months.</p>\n<p>“This is essentially a research study similar to what is being undertaken by many other jurisdictions,” the Hong Kong Monetary Authority said on Tuesday. It remains open minded and hopes to offer “initial thoughts” in 12 months, it said.</p>\n<p>The study will look at consumer needs, data privacy, anti-money laundering requirements, and other legal and policy considerations, the authority said.</p>\n<p>At the same time, it has also started a concept study along with BIS Innovation Hub Hong Kong Centre to look at the potential for a retail level digital currency in the city.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong Starts Project to Explore Issuing Digital Currency</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong Starts Project to Explore Issuing Digital Currency\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 17:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-08/hong-kong-starts-project-to-explore-issuing-digital-currency?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hong Kong has started a project to explore issuing a digital currency that is anticipated to last over the next 12 months.\n“This is essentially a research study similar to what is being undertaken by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-08/hong-kong-starts-project-to-explore-issuing-digital-currency?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-08/hong-kong-starts-project-to-explore-issuing-digital-currency?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124989222","content_text":"Hong Kong has started a project to explore issuing a digital currency that is anticipated to last over the next 12 months.\n“This is essentially a research study similar to what is being undertaken by many other jurisdictions,” the Hong Kong Monetary Authority said on Tuesday. It remains open minded and hopes to offer “initial thoughts” in 12 months, it said.\nThe study will look at consumer needs, data privacy, anti-money laundering requirements, and other legal and policy considerations, the authority said.\nAt the same time, it has also started a concept study along with BIS Innovation Hub Hong Kong Centre to look at the potential for a retail level digital currency in the city.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114394935,"gmtCreate":1623048231827,"gmtModify":1634095862647,"author":{"id":"3584567290440937","authorId":"3584567290440937","name":"makmak","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584567290440937","authorIdStr":"3584567290440937"},"themes":[],"htmlText":"Nothing certain in life&nbsp;except death and taxes","listText":"Nothing certain in life&nbsp;except death and taxes","text":"Nothing certain in life except death and taxes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/114394935","repostId":"1121041561","repostType":4,"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115210654,"gmtCreate":1622997489978,"gmtModify":1634096336260,"author":{"id":"3584567290440937","authorId":"3584567290440937","name":"makmak","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584567290440937","authorIdStr":"3584567290440937"},"themes":[],"htmlText":"What goes up...","listText":"What goes up...","text":"What goes up...","images":[{"img":"https://static.tigerbbs.com/1f12ac70e35d2ab1dbc348e98878c451","width":"1080","height":"3120"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/115210654","isVote":1,"tweetType":1,"viewCount":181,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":112567912,"gmtCreate":1622888824436,"gmtModify":1634097048378,"author":{"id":"3584567290440937","authorId":"3584567290440937","name":"makmak","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3584567290440937","authorIdStr":"3584567290440937"},"themes":[],"htmlText":"Everybody Tiger's favorite stock 😛","listText":"Everybody Tiger's favorite stock 😛","text":"Everybody Tiger's favorite stock 😛","images":[{"img":"https://static.tigerbbs.com/600040229ff2c2755c2d8b4890ecaa92","width":"1080","height":"3120"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/112567912","isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}