Quote from: omonuyak on February 14, 2019, 06:47:02 PM

Quote from: linzerdshaffen on February 12, 2019, 08:30:30 PM

It is really interesting that at last some pension funds have wet their feet in cryptocurrency investing. Someone is going to be very happy or very pissed off in the future. What do you think of this? It is really a breakthrough for crypto as an investment?
Source: https://www.bloomberg.com/news/articles/2019-02-12/first-u-s-pension-funds-take-the-plunge-on-crypto-investing

This is great news and I believe that in future we are going to have more of the kind of fund flowing into the cryptocurrencies market. Bitcoin is going to replace many financial system because blockchain technology makes things more easily than any other financial system.

In the future, but not in the near future... and we'll have more funds flowing into cryptos but just a little from the pension funds... Those are really strict on the investments, their portfolio only allowes 0,00x% or even less of their money to be invested in high risk assets/things like crypto. So this won't cause high demand for crypto, also those funds will search for crypto connected companies to invest in their shares...