NYT: Watches are the New Bitcoin — Rescapement

How Apple Watch is Gutting the Watch Industry Omega Speedmaster 38 Co-Axial Chronograph 38mm 324. Getting Rid of Watch Bloat by Becoming a Watch Ninja Sakura Collection 2014 - DELANCE SWISS WATCHES Expensive Watch Brands Sold for Less

Or are they in a Bitcoin-in-2017-like bubble? The article references celebs that will be no strangers to watch enthusiasts: ... And of course there’s a quote from Hodinkee’s Ben Clymer on the Paul Newman bubble: “The market for Daytona just got a little silly for awhile,” Mr. Clymer said. “We saw references worth $20,000, $25,000 in 2011 to 2015 all of a sudden worth $50,000, then ... This morning, watchmaker Chronoswiss announced that it will now be accepting payment for its watches in Bitcoin and “other crypto currencies.” This will apply both online and in its Lucerene boutique. As many watch brands struggle to figure out how to tackle online retail to begin with, it’s definitely surprising to see a brand jump into something like this. I’m not saying it’s a bad ... Markets: 29,777 ICO's: 4,983 Market Cap: $329,279,042,071 Or are they in a bitcoin-in-2017-like bubble? Time - elegantly monitored - will tell. Even though his investment in watches has doubled in value in just 18 months, Peter Goodwin, a private investor in Charlottesville, Virginia, who also collects watches, said that he is concerned about frothiness in the vintage market. "It's much like momentum investing in stocks," he said. "People see the ... Greyson Korhonen/Hodinkee. W atches Are Yet Another Easy Way Rich People Make Their Money Into More Money. The high-end watch market is a strong investment vehicle for wealthy people. Details of a ...

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How Apple Watch is Gutting the Watch Industry

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