Square's emerging opportunities like bitcoin payments make stock 'like Amazon in its early days'

Nomura Instinet reiterated its buy rating on Square shares, citing merchants' willingness to accept bitcoin for store payments. "Like Amazon in its early days, we believe that little of Square's future revenue streams are currently visible," analyst Dan Dolev wrote in a note to clients Wednesday entitled "SQ …
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Senator Mark Warner: “I was an early investor in cell phones back in the ’80s, and I believe blockchain has the potential to be just as transformational as cell phones. As our government begins to look at crypto, I don’t think you can separate cryptocurrencies from the technology they’re based on”.

Senator Mark Warner: "I was an early investor in cell phones back in the '80s, and I believe blockchain has the potential to be just as transformational as cell phones. As our government begins to look at crypto, I don't think you can separate cryptocurrencies from the technology they're based on". submitted by /u/toroidalfield
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Bitcoin – The Currency of the Internet

Bitcoin rises after report says early Facebook investor Peter Thiel is buying massive amounts

Peter Thiel's Founders Fund has bought millions of dollars in bitcoin, The Wall Street Journal reported Tuesday, citing sources familiar with the situation. Those holdings are worth hundreds of millions of dollars, the newspaper says. It wasn't clear whether Founders had sold any of its holdings, the report …
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Early Bitcoin Investor Says Bitcoin Could Drop 50% Before Going Higher

Dan Morehead, CEO of Pantera Capital, a hedge fund focused on digital currencies, has told CNBC that Bitcoin may drop 50% before pushing to new highs. Morehead purchased Bitcoin at $ 72. While the statement appears bearish, Morehead was actually pointing investors in cryptocurrencies toward a …
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