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Title: How Bitcoin Can Reach $100+ This Year Or Next (Really) Post by: jimbobway on March 02, 2013, 04:06:22 AM I've gathered some of CoinLab's CEO, Peter Vessenes, comments:
How do you plan on getting high-net worth individuals to invest in bitcoin? Will you really go to Wall Street as the title of the recent article suggests? Once at Wall Street what will you do? HNW Individuals already invest in Bitcoin, but only really nerdy ones. They need simple handholding account managers and safe storage. And also integration with their existing brokerage accounts. It's not anything fancy, it's just blocking and tackling to get them access in the systems they are used to. What could this possibly mean? WallStreet, Goldman Sachs, etc. will be able to buy bitcoin in large chunks. I'm not talking tens of thousands, or millions, but ba-ba-ba-billions. Look at the front page of coinlab.com: http://s17.postimage.org/xkkj9dr27/coinlabmillions.jpg http://bitcoinmagazine.com/coinlab-bringing-bitcoin-to-wall-street-with-mtgox-deal/ Quote Vessenes told Bitcoin Magazine in previous interviews last year that whoever can figure out how to store Bitcoins – in 250,000 to 500,000 blocks – and make the client feel like they are safely in a bank vault will really help make the digital currency accessible to big money investors. Quote But there is a hint in their new deal that shows they are working to find a way to get liquidity to Forex broker dealers or private wealth managers to help high net-worth individuals invest long-term in bitcoins. INSIDERS ARE ACCUMULATING Title: Re: How Bitcoin Can Reach $100+ This Year Or Next (Really) Post by: aznmonky on March 02, 2013, 04:33:48 AM what do they gain from investing or why would they if they would flood the market with prices? if they dont use them then their profit is only inflated
Title: Re: How Bitcoin Can Reach $100+ This Year Or Next (Really) Post by: piramida on March 02, 2013, 07:38:15 AM Buy 1 million button sure looks tempting :) Well, if they manage to integrate bitcoins into major asset managers portfolios... 100 would be a discount.
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