Could Bitcoin Surpass Google??s $384 Billion Market Cap? Source: TsonicTsunami08
Just how big a financial opportunity is Bitcoin?
Recently, Wall Street has been starting to ask that very question, paying more and more attention to the upstart alternative currency.
The first analysis by a registered broker dealer which attempted to value bitcoin’s worth was published on 1 December by Wedbush Securities.
While Los Angeles-based Wedbush is a respected securities firm, it doesn’t count itself among the first-tier of investment banks, or the ‘bulge bracket’ as its known on Wall Street. The Wedbush research report contained some novel analysis and perspective, but it was also ‘light’ in that it weighed in at just one and a half pages.
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