NFL Players Inquire More About Bitcoin, Says Football Star Richard Sherman

post image

Within the past years, bitcoin has been a buzzword for its incredible soarings as well as plunges. Last year, it attracted the attention of the masses when it increased from $1,000 at the beginning of 2017 till $20,000 in mid-December.

2018 seems to be a more disappointing year for both bitcoin and its brethren. Since the start of the year, BTC has been heading downwards, losing nearly $11,000 in value (which is about 60% of its value) between January 6 and February 5.

Our top trading bots

The extreme gyrations have also been an inherent part of crypto market evolution. Within the same period, the total market capitalization halved from around $800 billion to about $350 billion, according to the Coinmarketcap.com.

Despite anything, the giddy currency has even drawn the attention of America’s top athletes, as NFL personage Richard Sherman, the Seattle Seahawks cornerback, told CNBC.

"Especially the way bitcoin boomed from nothing to... $19,000 at one point that really caught the eye of a lot of people. Ever since then it has been a common conversation for a lot of us," claimed Sherman.

This athlete has been a bitcoin enthusiast for around four years since he started accepting this crypto as a payment method for his online store. Moreover, he is a representative of Cobinhood, an exchange platform, as well as an investor into this firm’s asset COB. Currently, as he is recuperating from the sports injury, Sherman is spending his time learning more about digital money.

Owning BTC, LTC, and ETH at the same time, the sportsman says that his NFL fellows are also considering piling into cryptocurrencies. However, he, personally, does not hurry up giving out pieces of advice to people, referring to cyber money market as a volatile one. Interestingly, his football mates often ask him little questions like whether cryptos are physical coins or not.

"A lot of them have just been trying their best to become more educated on not only cryptocurrencies, but just stocks and trading in general. Because a lot of them have been taken advantage of by financial advisers," Sherman said.

The athlete concluded that his buddies are trying to learn more about the novel assets at present.

"It is difficult to try to advise anyone, but we definitely have a ton of conversations about it," the sportsman noted.

He also added that none of them (athletes) was fostered up with proper education on financial issues. Perhaps, that is why approximately one in six NFL sportsmen declares bankruptcy after more than ten years after retiring, according to the NBE 2015 Research.

Lee Names Factors For Bitcoin to be Worth $150,000
Since mid-November bitcoin has been experiencing turmoil when it started falling from the margin of $6,300. As of writing, BTC’s price is $3,311, one of...
Seven Southern European Countries Agreed to Promote Blockchain
Seven countries of Southern Europe signed a declaration in which they commit themselves to promote blockchain. These countries are Cyprus, France, Greece,...
Another Japanese Crypto Exchange Hacked: Hot Wallets At Fault
It’s been a little more than half a year since a Japanese cyber-money bourse CoinCheck was hacked. Last week another Japan-headquartered crypto-exchange...
Apple Taboos Crypto-Mining on its Users’ Devices
Apple doesn’t want its users to mine cryptos on their iPhones and iPads. The reason is that mining can negatively influence the device’s battery and lead...
Venezuela Says Petro Raised $735 mln in The First Day of Pre-Sale
Just a little bit more than 24 hours ago Venezuela finally instructions for purchasers as well as the manual on how to prevent money laundering. Also,...
Saudi Arabia’s Central Bank & Ripple Arrange Blockchain Deal
As it seems, Middle East is doing its best after jumping on a cryptocurrency bandwagon. Recently, it was announced that the first company in the region...
The Chinese Launched The CryptoPuppies
Tired of Cryptokitties? Did not have time to take advantage? Don't be sad because... The Chinese search engine Baidu, as part of its work with the blockchain,...
Developers Of Firelotto Create A Transparent Public Blockchain Lottery
Each of us played a lottery at least once in our life. The rules and organization are different for everyone, but most share a common feature: control over...
Millions Of Users Have Already Subscribed To The Robinhood
In less than four days, Robinhood announced that it is going to offer commission-free trading in cryptocurrencies, but since then more than a million...
‘Bitcoin is a Fork, Bitcoin Cash is The Authentic Blockchain’ – US Government Scientists
The chicken or the egg? It seems that this question is more than relevant in the crypto sphere. However, the words 'chicken' and 'egg' better be replaced...
Game Machine Project Ends Its ICO
The gaming industry is reportedly worth in excess of $115 billion worldwide. There are over 2.3 billion gamers across the planet and over 55,000 new titles...
The Major Bank in Japan to Launch Own Crypto Exchange and Coin
Not likewise in South Korea or China, cryptocurrency trading is a bandwagon in Japan. Recently the country’s major bank Mitsubishi UFJ Financial Group Inc...
Pavel Durov Will Release His Cryptocurrency This March
The most fashionable instant messenger Telegram plans to launch a preliminary ICO. The goal is to earn $500 million in investments in its own blockchain...
The AI revolution has begun: SingularityNet ICO gone in 60 seconds
Colossal tech companies use AI to process millions of real-time data points every second. So they need something that could help with automation. Here what...
How Bitcoin Cash Will Stop User Fund Loss
The gap between the Bitcoin and its "offspring" Bitcoin Cash is not just ideological — it is potentially dangerous. Many months of technical quirks resulted...