bitcoinvancouver

The GoTo Site for all things Bitcoin in Beautiful Vancouver British Columbia Canada

BOOM: A Major Wall Street Bank Just Initiated Coverage On Bitcoin And Identified A Fair Value Read more: http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12#ixzz2mcJT4Qqi

BOOM: A Major Wall Street Bank Just Initiated Coverage On Bitcoin And Identified A Fair Value Read more: http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12#ixzz2mcJT4Qqi

The game just changed.

 

Bitcoin, the bizarre electronic currency that seemingly came out of nowhere and has been taking over financial market headlines, is now being covered by one of the biggest firms on Wall Street.

“We believe Bitcoin can become a major means of payment for e-commerce and may emerge as a serious competitor to traditional money transfer providers,” wrote Bank of America currency strategist David Woo in a 14-page note to clients this morning. “As a medium of exchange, Bitcoin has clear potential for growth, in our view.”

 

Read more: http://www.businessinsider.com/baml-initiates-coverage-on-bitcoin-2013-12#ixzz2mcJg9WMh

Advertisements

Questions, Comments, complaints or observations? Your input is important to us.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Information

This entry was posted on December 5, 2013 by and tagged .

Follow me on Twitter

bitcoinvancouver2013@gmail.com

bitcoinvancouver2013@gmail.com

Blog Stats

  • 9,845 hits

Follow me on Twitter

%d bloggers like this: