Bitcoin Buyers Are Stupid: JP Morgan CEO Jamie Dimon

JP Morgan CEO Jamie Dimon is always in news by criticizing Bitcoin, right from 2014. Markets have found a correlation between Jamie Dimon's comments and the relative Bitcoin price movement which seems to be very interesting. Jamie Dimon is well known as a long-time critic of Bitcoin – he said that the cryptocurrency would "not survive" back in 2015 when the price was hovering around the $400 level. 

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Three Interesting Stocks Mutual Funds Bought In September 2017

Let us analyze three interesting stocks bought by different mutual funds last month. Though there are many stocks which are bought by mutual funds stocks in September, I hand picked below three due to  their future potential. Kindly note that these are not buy recommendations but eye openers for further detailed study.

1. Cyient Ltd
2. Mayur Uniquoters
3. Worth Peripherals

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IPO Review - General Insurance Corporation of India

General Insurance Corporation of India is the largest reinsurance company in India in terms of gross premiums accepted in Fiscal 2017, and they accounted for approximately 60% of the premiums ceded by Indian insurers to reinsurers during Fiscal 2017, according to CRISIL Research.  General Insurance Corporation of India is also an international reinsurer that underwrote business from 162 countries as at March 31, 2017.

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Why Indian Market Will Not Correct Much In Near Future

Unless the existing goe-political tension across world, especially between US and North Korea, turns into a war, I don't see a reason for Indian equity market to correct heavily in coming days. Any correction to 9100 or even 9500 is a good buying opportunity for retailers with long term investment horizon. Supercyle in Domestic liquidity is the main and perhaps the only reason why there is less chance for market correction, even though the marco-economic picture of India is not looking good for the next 2 quarters at least from now. Let us see how money fill be pumped by DII's to support the market.

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Rakesh Jhunjhunwala Latest Portfolio Q2 2017

Rakesh Jhunjhunwala, the pied piper of the Indian stock markets, started his investment career with an initial investment of Rs.5000 in 1985, when is age was 25 and BSE Sensex was at just at 150. He made his first break through in 1986 when he sold out 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. Between 1986 and 1989, he had earned Rs 20–25 million. His first major successful bet was iron mining company Sesa Goa.
Rakesh Jhunjhunwala

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Bitcoin - The New Hedging Tool

Summary
  • Recent events shows that investors are increasingly using Bitcoin as a hedging tool against geo-politics and market uncertainties.
  • In the next 10 years, Bitcoin will gain immense popularity as a hedging tool.
  • 10% divest of money from gold to Bitcoin can take Bitcoin's price to $50,000.
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BitBay-India's Best Crypto Trading Platform Coming, Register Now

Poland-based online cryptocurrency trading platform BitBay has now expanded its operations to India through its Indian version -www.bitbay.in. BitBay is one of the top 10 crypto currency trading platforms in the world with over 2,00,000 users. The ranking comes largely from its dominance in central Europe where it has a 60% market share. Reports suggests that BitBay’s India trading platform has already been started in the demo mode, but will become operational by September 2017.

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Get Ready, November Event Coming For Bitcoin

Summary

  • Holding Bitcoin seems to be an eventful journey for long term investors.
  • Network capacity of Bitcoin will be increased after 90 days of August 1st event.
  • The event will be the culmination of segwit2x, with another hard fork.
  • The event is supposed to be a peaceful one as there is no political/civil war among various stakeholders.
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Ashish Dhawan Latest Portfolio 2017

We are adding one more well known investor in our Master's Portfolio session - Mr. Ashish Dhawan, the former director of ChrysCapital,  a portfolio management company which manages $2.5 billion across six funds. Dhawan is one of India's earliest and well-known private equity investors, starting ChrysCapital before he turned 30. 

Over the last 20 years, he has grown into his role as one the country's top investors. In 2011, Ashish Dhawan quit ChrysCapital and took to something that he had always been passionate about, philanthropy and teaching, and started Central Square Foundation and co-founded Ashoka University in Haryana.

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Crypto ICO Market - Future Or Bubble?

Summary

  • The coins generated out of Ethereum blockchain ICOs are generally called as ERC20 Tokens
  • Startups around the world are raising millions using the ICO methods
  • Etheroll, Augur, Golem are some ERC token which gave huge returns for investors
  • A good ICO pick can create enormous wealth for investors
Many of the blockchain startups have chosen Ethereum smart contracts and similar platforms as the blockchain environment for new projects and ideas. The startups can issue a token on top of its underlying blockchain which would act as a store of value. The process of issuing coin is simply termed as initial coin offerings. 

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