Bitcoin Forum

Read this and enjoy.... finally the big money will start flowing in.. :)

http://thecrux.com/40-hedge-funds-are-about-to-flood-billions-into-this-market/

I do not find it very realistic, I am constantly reporting this kind of news, I am convinced by some cuts, I believe in some predictions, but numerical predictions do not convince me.

 :o :o

The guy who wrote this stuff spoke of MetaStable as if they were super anonymous, like the espionage service of us that you see in the movies. Ha ha ha ha

When they enter someone's house and shout: do not move, secret services!

Heh? But if they are from the secret service why the hell do they have to say they are from the secret service? But this is another story and I do not want to discuss movies and politics here

Returning to MetaStable, they invest in encryption, their investment is much as the profit they have.

If more funds like MetaStable enter the world of crypto coins then we will have a price increase.

If it is as the analyst said, this is possible in the long run.

Well, at least it did not reach the level of $500.000 per coin and $1 million per coin.

More unwarranted hype.

Metastable is a hedge fund that only invests in cryptocurrencies. It's not worthy of consideration as a barometer of real endorsement from the VC or hedge fund world. It's an endorsement of cryptocurrencies by people that already believe in cryptocurrencies.

It's great that "original" VC guys have invested in this firm, but it's really just a bet on bitcoin...it's not a serious investment, it's a bet. There's a difference.

This isn't worth news.

It's always the same, when the price shoots up, people start linking to articles as being the reason the price is going up. The price was about to literally demolish the $3000 level after the 1st of August. If you couldn't have seen this coming, you have been sleeping, seriously. In that regard, don't be surprised to see the price (at least) attempt to touch the $4000 level this or next month. For now I can't see it go much higher than $4000 as we still have to see what happens with the scheduled Segwit2x hard fork. This, in the short term, is the only thing I can see hold back Bitcoin from exploding in value. Other than that, I don't need such articles to know that big money will flow into Bitcoin, it's perfectly normal considering that Bitcoin outperforms basically every other asset.

45k$ is just too much. We can be happy with the fast increase rate we are experiencing now.... value has tripled in months and that is absolutely awesome. Perhaps a day (several years from now) that will happen, but not yet.