Bitcoin Forum

Economy => Speculation => Topic started by: notme on November 10, 2012, 09:59:31 PM



Title: Max Keiser promotes Bitcoin
Post by: notme on November 10, 2012, 09:59:31 PM
https://bitcointalk.org/index.php?topic=123620.0

http://rt.com/programs/keiser-report/episode-365-max-keiser

Bullish?


Title: Re: Max Keiser promotes Bitcoin
Post by: jwzguy on November 10, 2012, 10:11:56 PM
He's been promoting Bitcoin for quite a while, so yes, I'm guessing he's bullish.

If you were asking if this was some kind of short term signal, then no - because it's nothing new.


Title: Re: Max Keiser promotes Bitcoin
Post by: notme on November 10, 2012, 10:36:35 PM
He's been promoting Bitcoin for quite a while, so yes, I'm guessing he's bullish.

If you were asking if this was some kind of short term signal, then no - because it's nothing new.

As far as I remember it's only his second episode to mention it and the last was quite some time ago.  I'm not looking for a huge short term effect, more of a mid to long term, small to medium size effect.


Title: Re: Max Keiser promotes Bitcoin
Post by: jwzguy on November 10, 2012, 10:44:02 PM
He spoke at both Bitcoin conferences, he's mentioned it interviews, he pushes it on twitter, and although I have only seen a handful of his shows I'm fairly sure I've seen him mention it more than twice.

However, I'm of the opinion that it's always a good time to buy.  ;)


Title: Re: Max Keiser promotes Bitcoin
Post by: notme on November 10, 2012, 10:47:24 PM
My usual portion of my most recent paycheck is on it's way to the exchange right now.


Title: Re: Max Keiser promotes Bitcoin
Post by: sunnankar on November 11, 2012, 04:22:03 AM
My usual portion of my most recent paycheck is on it's way to the exchange right now.

Stop starving the ECB and be a good little cow by getting back in your stall so they can milk you!

Quote
In an extreme case, virtual currencies could have a substitution effect on central bank money if they become widely accepted. The increase in the use of virtual money might lead to a decrease in the use of “real” money, thereby also reducing the cash needed to conduct the transactions generated by nominal income. In this regard, a widespread substitution of central bank money by privately-­ issued virtual currency could significantly reduce the size of central banks’ balance sheets, and thus also their ability to influence the short-­term interest rates.