404 Page Not Found.Ooops, the page you're looking for does not exist.A major Wall Street player; hedge-fund billionaire and former Goldman Sachs (NYSE: GS) partner Mike Novogratz, is betting big on cryptocurrencies."Ten percent of my net worth is in this space," Novogratz said at a forum of the Harvard Business School of New York on April 19, 2017.Novogratz was referring to bitcoin and ethereum.That means Novogratz might own around $230 million worth of the popular cryptocurrencies.The Forbes 500 named Novogratz as the 407th richest person in the world with a fortune of $2.3 billion.Novogratz himself did not reveal any numbers or breakdown how much of the currencies he owns, CNN Money reported.Yet it appears the billionaire owns quite a bit of digital cash because he described cryptocurrencies as "best investment of my life."Novotgratz was an early investor in ethereum which CNN Money mistakenly calls Ether, CNN Money reported.Novogratz has also invested heavily in blockchain technology.

Mike Novogratz served as president of Goldman Sachs Latin America and head of fixed income, currencies and commodities risk in Asia for the investment bank.He joined Fortress Investments in 2002 and served as that company's Co-Chief Information Officer before leaving.Novogratz has also been an outspoken critic of income inequality and corporate America.He often criticizes companies like Walmart (NYSE: WMT) for low employee pay and management obsession with stock prices.Bitcoin and Ethereum soar to New Highs Mr.Market is justifying Novogratz's faith in cryptocurrencies.Bitcoin ascended to a new high of $1,233.7 on April 22, 2017, Coinbase reported.That means a single bitcoin's value grew by $798.31 in just one year.Ethereum climbed to an impressive $48.85 a coin on the same day.That means it gained $40.84 in value in a year, according to Coinbase data.It looks as if Novogratz is not the only bitcoin fan out there.One has to wonder how much of these value gains are being driven by big time investors like Novogratz?

Should we be Scared of Novogratz's bitcoin play?Nervous investors and bears might be scared of Novogratz's cryptocurrency play because it might indicate he is skeptical of the equities and securities markets.He may have moved $230 million into an easily convertible and highly-liquid hedging mechanism.That might mean Novogratz is cashing out because he fears some sort of crash or correction on Wall Street or a major decline in value of the U.S.Another possibility is that Novogratz wants a lot of cash in a highly-liquid investment so he can go bargain hunting after the crash.That should make the rest of us nervous, because Novogratz might know or suspect something that the rest of us do not.Either way it's a good lesson for the rest of us, everybody should have at least 10% of his or her money highly liquid cash.Everybody should also considering buying cryptocurrencies, especially bitcoin and ethereum because of their value growth.Expect to see many more major investors come out of the closet and admit to owning large amounts of bitcoin or ethereum in the years ahead.

Cryptocurrency is now a legitimate investment, a development that will have profound implications for the future of all investments.Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.Mission and Vision Statement The Ethereum Foundation’s mission is to promote and support research, development and education to bring decentralized protocols and tools to the world that empower developers to produce next generation decentralized applications (dapps), and together build a more globally accessible, more free and more trustworthy Internet.bitcoin physical coin design contestFoundation Team Executive Director Ming Chan An alumna of Massachusetts Institute of Technology, where she studied Computer Science and Media Arts & Sciences, Ming has a background in enterprise IT and management consulting projects, founding and growing businesses, and working with top educators, scientists, and inventors to bring inspiring research innovation to life.bitcoin escort agency

Her interests and work include legal and regulatory matters related to blockchain technology.Foundation Council Vitalik Buterin Vitalik is the creator of Ethereum.He first discovered blockchain and cryptocurrency technologies through Bitcoin in 2011, and was immediately excited by the technology and its potential.He cofounded Bitcoin Magazine in September 2011, and after two and a half years looking at what the existing blockchain technology and applications had to offer, wrote the Ethereum white paper in November 2013.ice vault bitcoinHe now leads Ethereum's research team, working on future versions of the Ethereum protocol.ethereum mac osWebsite, Twitter, Github Technical Steering Group Jeffrey Wilcke Jeff is one of the founders of Ethereum.instant vcc bitcoin

He started the first implementation of Ethereum using the Go programming language in 2013 and has been the Go team lead and head developer ever since.The Go client launched successfully on July 30, 2015, marking the release of the genesis block and Ethereum platform.Linkedin, Github Ethereum History Ethereum has been made possible thanks to many more people than would be possible to list here.A more comprehensive short history of ethereum, read this blog post by Taylor Gerring.bitcoin remittanceHelp write this story at the history guideethereum coin exchange in indiaEthTrade claims to be an online investment company that provides opportunities to invest in the Ethereum digital currency for a ROI of approximately 15% to 25% per month.bitcoin shares explained

EthTrade additionally offers affiliate income opportunities as well.There's next to nothing concerning the identities of the individuals behind EthTrade, its physical location, or anything else regarding the origins of the company.The site itself was registered in February of 2016 through a private domain name registrar, and the company itself provides links to incorporation documents filed in Hong Kong but the names and addresses of principals have been blurred save one – a Pete Everhart, with a listed address in Hastings, Sussex, on the southern coast of the UK.bitfinex bitcoinE verhart has no discernible internet presence.There is no product associated with EthTrade.The core activities individuals can engage in are investing and/or recruiting affiliate investors in turn.There are six tiers of membership in EthTrade.These tiers not only control your weekly investment and withdrawal limits but also the commission rates you are eligible for when it comes to referrals.

The initial starter level, Frontier membership, is free.However, this limits you to weekly investment limits of $500, weekly withdrawal of $300, and limitations of a three-position deep downline when it comes to deposit and profit commissions.Increasing investment amounts in the company or building turnover to certain levels makes members eligible for higher ranks, which unlocks a downline up to five levels deep at slightly higher commission rates.The thresholds are as follows: The minimum donation amount is $10.The maximum donation amount is $30,000.Scuttlebutt in the world of cryptocurrency is that EthTrade is not a legitimate investment opportunity but is instead a MLM recruitment-style scam.There's plenty of evidence that points to this conclusion, which we share.Firstly, the length that EthTrade goes to obscure the identity of those involved in the business is incredibly deep.Registering the company in Hong Kong and then blanking out the name and every address of every principal save one is highly suspect, as is the veracity of that final principal's identity as well, considering the “Pete Everhart” listed doesn't seem to exist.

Legitimate trading companies would never conceal so much information about themselves, indicating that the company has something to hide.Next, while there is plenty of valid, accurate information on the EthTrade website concerning the cryptocurrency markets and their movements dating back to January of 2016, there's absolutely zero proof that the company is trading on the digital currency market to generate profits, as it claims to do.The monthly margin figures the site quotes are impressive, to say the least.Accompanying these figures with an overall month-by-month market breakdown of how Etherium fared provides a veneer of legitimacy, but is misleading – the market information is highly accurate, but there's no verification of any activity on the part of EthTrade traders, just a list of unverified, possibly fictional trades.Finally, if EthTrade has been operating from January 2016 as it claims, why was the website not registered until February of that year – and why was the company not registered until the following April?