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Title: Who are these "big investors" and what are they waiting for? Post by: baggage on May 18, 2014, 12:27:23 AM I keep hearing about these big investors that are coming. Who are they and what is taking them so long to jump in?
Title: Re: Who are these "big investors" and what are they waiting for? Post by: TERA on May 18, 2014, 12:33:02 AM I heard santaclaus, the easter bunny, and the tooth fairy were coming too.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: gentlemand on May 18, 2014, 12:35:28 AM If they're playing with customer or corporate money then most will be duty bound to wait for a way to buy and sell that's regulated and secure. I don't think we'll be hearing a peep from significant numbers of that type until that's firmly in place.
Even then it would still only be the fringe elements. It's far too tiny a market to interest them at this stage. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Unluckyduck on May 18, 2014, 12:49:58 AM If the rumours are true about big money buying btc as a contingency plan then they are almost certainly doing it privately on bulk buy exchanges and such.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: Bit_Happy on May 18, 2014, 12:54:25 AM I keep hearing about these big investors that are coming. Who are they and what is taking them so long to jump in? Maybe we have too much baggage, baggage. The good news is: Bitcoin is booming in many areas and it's only a matter of time before the urge to buy becomes unbearable. :) Who are these "big investors"? Several famous investors have already spoken out about and invested in BTC (i.e the 'Winkle' twins), more are on the way. Title: Re: Who are these "big investors" and what are they waiting for? Post by: bigdave on May 18, 2014, 12:56:59 AM I keep hearing about these big investors that are coming. Who are they and what is taking them so long to jump in? Maybe we have too much baggage, baggage. The good news is: Bitcoin is booming in many areas and it's only a matter of time before the urge to buy becomes unbearable. :) Who are these "big investors"? Several famous investors have already spoken out about and invested in BTC (i.e the 'Winkle' twins), more are on the way. I don't think I've been living under a rock for the last 10 years but I never heard of the Winkle twins until recently. I wouldn't say they are famous. Title: Re: Who are these "big investors" and what are they waiting for? Post by: gentlemand on May 18, 2014, 01:00:46 AM They may not be famous investors as such. The Social Network certainly made them legitimately visible though.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: r34tr783tr78 on May 18, 2014, 02:56:59 AM Those twins already have a huge bag, their money isn't new, unless they are buying more.
The question is if their bitcoin ETF is approved and starts to be traded in order for more money to come in. But that approval has being delayed for months. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Bit_Happy on May 18, 2014, 03:04:59 AM ...what are they waiting for?
"Smart money" looks to follow the trend and only go against the crowd at the right time. Currently the short and medium-term trends are both uncertain/sideways, so they are waiting for clear signals. Also, previously mentioned, some whales are waiting for Bitcoin (and the gov't response) to mature and become more secure. Title: Re: Who are these "big investors" and what are they waiting for? Post by: TERA on May 18, 2014, 03:09:31 AM Most of the claims of "big investors have expressed strong interest" are actually mistransaltions of "barry silbert or winklevoss solicited a meeting with some investor and they obliged out of respect or curiosity to know information about what it is they are doing or what bitcoin is'.
Also, the serious investors are not interested in buying bitcoins to speculate on the unit value. What they want to do is launch businesses to take advantage of some capability that is missing in the market and create a guaranteed cash flow even if the unit value drops. It is a big wide industry of businesses waiting to be developed and it would be appealing to be in the position of a first-mover. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Bit_Happy on May 18, 2014, 03:19:03 AM There are over 7.1 Billion people in the World, and less than 21 million BTC.
Look Out! Here come the small investors. ;D If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Walsoraj on May 18, 2014, 03:21:30 AM There are over 7.1 Billion people in the World, and less than 21 million BTC. Look Out! Here come the small investors. ;D If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels. But unlimited altcoin. Title: Re: Who are these "big investors" and what are they waiting for? Post by: TERA on May 18, 2014, 03:23:31 AM At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next?
Title: Re: Who are these "big investors" and what are they waiting for? Post by: chessnut on May 18, 2014, 03:40:31 AM There are over 7.1 Billion people in the World, and less than 21 million BTC. Look Out! Here come the small investors. ;D If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels. But unlimited altcoin. thats why altcoin are worthless. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Bit_Happy on May 18, 2014, 03:41:06 AM ...unlimited altcoin?
There are a huge number of new domain extensions (.taxi for example) and most of them are a horrible investment, while short, rare, high-quality .com's still sell for high prices. There is a HUGE amount of freshly minted alt coins (smurfcoin for example) and most of them are a horrible investment... BTC is King and there is a severe shortage. Title: Re: Who are these "big investors" and what are they waiting for? Post by: lumierre on May 18, 2014, 03:43:29 AM There are over 7.1 Billion people in the World, and less than 21 million BTC. Look Out! Here come the small investors. ;D If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels. But unlimited altcoin. thats why altcoin are worthless. Title: Re: Who are these "big investors" and what are they waiting for? Post by: chessnut on May 18, 2014, 03:48:05 AM There are over 7.1 Billion people in the World, and less than 21 million BTC. Look Out! Here come the small investors. ;D If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels. But unlimited altcoin. thats why altcoin are worthless. sorry, I was wrong. the market cap of infinite altcoins is worth all of your 2c ;D Title: Re: Who are these "big investors" and what are they waiting for? Post by: RandomPedestrianN9 on May 18, 2014, 08:35:29 AM Yes, BIG INVESTORS ARE COMING. Buzzwords are cool arent they. Do you think people who have made millions and billions will hold your bag and increase the price so you can unload your coins? Nope.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: Wandererfromthenorth on May 18, 2014, 11:12:46 AM There are no big investors coming. not at all.
What sane investor would buy bitcoin? The long term chart for bitcoin looks terrible, it has CLEARLY been declining since it was created in 2009. There never were any bubbles that surpassed the previous ATHs. These past days/weeks it has NOT been stable. The market cap is WAY too high. no room for growth. No merchants and businesses are accepting bitcoin or are taking it into consideration whatsoever. Bitcoin is not an innovation in technology. In fact, the simple fact that there are rich people in the world who could buy bitcoin is a myth. Nothing to see here. Now if you will excuse me, I gotta go at the casino and get rich playing slot machines. Title: Re: Who are these "big investors" and what are they waiting for? Post by: piramida on May 18, 2014, 11:55:42 AM Yes, BIG INVESTORS ARE COMING. Buzzwords are cool arent they. Do you think people who have made millions and billions will hold your bag and increase the price so you can unload your coins? Nope. No of course not, they will first try to buy your coins now, and once the world runs out of dummies selling at $400, they will have no choice but to raise prices to find them more dummies. Title: Re: Who are these "big investors" and what are they waiting for? Post by: inca on May 18, 2014, 12:32:36 PM There are no big investors coming. not at all. What sane investor would buy bitcoin? The long term chart for bitcoin looks terrible, it has CLEARLY been declining since it was created in 2009. There never were any bubbles that surpassed the previous ATHs. These past days/weeks it has NOT been stable. The market cap is WAY too high. no room for growth. No merchants and businesses are accepting bitcoin or are taking it into consideration whatsoever. Bitcoin is not an innovation in technology. In fact, the simple fact that there are rich people in the world who could buy bitcoin is a myth. Nothing to see here. Now if you will excuse me, I gotta go at the casino and get rich playing slot machines. Bravo :) Title: Re: Who are these "big investors" and what are they waiting for? Post by: BittBurger on May 18, 2014, 04:19:32 PM I try to remind myself that 3,600 bitcoins are being bought *every day* by somebody.
That means $1,600,000 in Bitcoin is being bought by *somebody* daily. That's a lot of buyers and a lot of money going in. When demand outstrips supply, then price rises. Until then, a stable price still means a lot of buyers. Title: Re: Who are these "big investors" and what are they waiting for? Post by: knarzo on May 18, 2014, 04:30:50 PM At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next? fixed! http://www.tcpipguide.com/free/diagrams/ipv6addressspace.png http://www.tcpipguide.com/free/t_IPv6AddressSizeandAddressSpace-2.htm (http://www.tcpipguide.com/free/t_IPv6AddressSizeandAddressSpace-2.htm) Title: Re: Who are these "big investors" and what are they waiting for? Post by: master-P on May 18, 2014, 04:37:11 PM I try to remind myself that 3,600 bitcoins are being bought *every day* by somebody. That means $1,600,000 in Bitcoin is being bought by *somebody* daily. That's a lot of buyers and a lot of money going in. When demand outstrips supply, then price rises. Until then, a stable price still means a lot of buyers. There's no proof that most of those coins are being sold. I doubt there's $1.6 million of fresh fiat coming into BTC everyday. I haven't put any fresh fiat into BTC since we were at $85 and I'm sure many others who bought below $100 aren't either. Title: Re: Who are these "big investors" and what are they waiting for? Post by: bigdave on May 18, 2014, 04:49:10 PM At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next? fixed! http://www.tcpipguide.com/free/diagrams/ipv6addressspace.png http://www.tcpipguide.com/free/t_IPv6AddressSizeandAddressSpace-2.htm (http://www.tcpipguide.com/free/t_IPv6AddressSizeandAddressSpace-2.htm) I hate to break it to you but there are still 4 billion IP addresses. The internet backbone has not moved to IPv6.....yet. Title: Re: Who are these "big investors" and what are they waiting for? Post by: sgbett on May 18, 2014, 05:20:06 PM At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next? fixed! http://www.tcpipguide.com/free/diagrams/ipv6addressspace.png http://www.tcpipguide.com/free/t_IPv6AddressSizeandAddressSpace-2.htm (http://www.tcpipguide.com/free/t_IPv6AddressSizeandAddressSpace-2.htm) That diagram is terrible... read the text below it... Quote I wanted to make a cool graphic to show the relative sizes of the IPv4 and IPv6 address spaces. You know, where I’d show the IPv6 address space as a big box and the IPv4 address space as a tiny one. The problem is that the IPv6 address space is so much larger than the IPv4 space that there is no way to show it to scale! To make this diagram to scale, imagine the IPv4 address space is the 1.6-inch square above. In that case, the IPv6 address space would be represented by a square the size of the solar system. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Bit_Happy on May 18, 2014, 07:12:28 PM At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next? fixed! http://www.tcpipguide.com/free/diagrams/ipv6addressspace.png http://www.tcpipguide.com/free/t_IPv6AddressSizeandAddressSpace-2.htm (http://www.tcpipguide.com/free/t_IPv6AddressSizeandAddressSpace-2.htm) That diagram is terrible... read the text below it... Quote I wanted to make a cool graphic to show the relative sizes of the IPv4 and IPv6 address spaces. You know, where I’d show the IPv6 address space as a big box and the IPv4 address space as a tiny one. The problem is that the IPv6 address space is so much larger than the IPv4 space that there is no way to show it to scale! To make this diagram to scale, imagine the IPv4 address space is the 1.6-inch square above. In that case, the IPv6 address space would be represented by a square the size of the solar system. Obviously, we will have a severe BTC shortage long before we run out of IP's again. Have the Bears in this thread been completely ineffective? The "big investors" might not come this week, but do we need them at all? If you are afraid of BTC going down again, Answer this: How far can BTC possibly fall compared to the amount of upside? :) Title: Re: Who are these "big investors" and what are they waiting for? Post by: Nagle on May 18, 2014, 07:16:27 PM Those twins already have a huge bag, their money isn't new, unless they are buying more. Right. Their Bitcoin EFT is a way for them to get out of Bitcoin. If they sold on any of the existing exchanges, they'd either crash the price or be ripped off. The question is if their bitcoin ETF is approved and starts to be traded in order for more money to come in. But that approval has being delayed for months. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Alley on May 18, 2014, 07:26:05 PM Seems like people are investing in the infastructure not buying actual coins. Its up to the masses to start buying and useing.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: Bit_Happy on May 18, 2014, 07:39:17 PM Some people think BTC is like the Titanic, heading into (or currently suffering from) it's virgin disaster.
Others know (or suspect) Bitcoin is a genuine once-in-a-lifetime adventure that will succeed on a massive scale. The only certainty is that the journey will be exciting. :) Title: Re: Who are these "big investors" and what are they waiting for? Post by: r34tr783tr78 on May 18, 2014, 08:15:12 PM To be fair, being smart is far to be the only necessary capacity to earn big money.
It's necessary social skills, personal contacts, initiative, capacity to take risks, etc. They seem to have some of these (moving to bitcoin was a risky, but wise investment, so far...), but basically they just took to court the right person (the facebook guy). Title: Re: Who are these "big investors" and what are they waiting for? Post by: meanig on May 18, 2014, 08:34:03 PM Right. Their Bitcoin EFT is a way for them to get out of Bitcoin. If they sold on any of the existing exchanges, they'd either crash the price or be ripped off. You are smarter than "twins". How it is possible that you do not have the same(even a lot of more) amount of money/bitcoins. Because Nagle is still waiting for the price of a bitcoin to hit negative numbers. Waiting since 2011. Title: Re: Who are these "big investors" and what are they waiting for? Post by: meanig on May 18, 2014, 08:56:09 PM He really must be a genius, I have never was able even imagine negative bitcoin price. Nagle was infamous during the 2011 bear market for his ridiculously gloomy predictions. He was certain the Bitcoin price was heading to zero and then onwards to the depths of hell. Title: Re: Who are these "big investors" and what are they waiting for? Post by: jcoin200 on May 18, 2014, 11:11:25 PM Seems like people are investing in the infastructure not buying actual coins. Its up to the masses to start buying and useing. Exactly. When you see places like Coinbase get a $25 million dollar investment it is good news for everyone buying btc. These people are putting big money into a company, helping to ensure value will remain there for btc. Big money is definitely coming into the infrastructure, then once that is rock solid, then more "regular Joe" investors will probably jump in. Title: Re: Who are these "big investors" and what are they waiting for? Post by: RandomPedestrianN9 on May 18, 2014, 11:15:30 PM Seems like people are investing in the infastructure not buying actual coins. Its up to the masses to start buying and useing. Exactly. When you see places like Coinbase get a $25 million dollar investment it is good news for everyone buying btc. These people are putting big money into a company, helping to ensure value will remain there for btc. Big money is definitely coming into the infrastructure, then once that is rock solid, then more "regular Joe" investors will probably jump in. Messaging app gets bought for several billions, supposedly revolutionary, once in a lifetime company dealing with Bitcoin gets 25m...if BTC was as good as you claim it is, Mark would have bought BTC companies long time ago and implemented it into FB, but he didnt. Title: Re: Who are these "big investors" and what are they waiting for? Post by: bananaControl on May 18, 2014, 11:43:58 PM Seems like people are investing in the infastructure not buying actual coins. Its up to the masses to start buying and useing. Exactly. When you see places like Coinbase get a $25 million dollar investment it is good news for everyone buying btc. These people are putting big money into a company, helping to ensure value will remain there for btc. Big money is definitely coming into the infrastructure, then once that is rock solid, then more "regular Joe" investors will probably jump in. Messaging app gets bought for several billions, supposedly revolutionary, once in a lifetime company dealing with Bitcoin gets 25m...if BTC was as good as you claim it is, Mark would have bought BTC companies long time ago and implemented it into FB, but he didnt. He bought the millions of users, NOT the technology. It's a messaging app for Christ's sake. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Benjig on May 18, 2014, 11:52:15 PM the normal people is the "big investor" those common folks who haven't heard or invested in bitcoin.. when these people decides to buy bitcoin probably will just gonna buy 100 usd.. but multiplied for 100 millions.. is 10,000,000
but if it gets accepted in many commerces, corporations will have to buy and will rise that amount several times. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Crindon on May 19, 2014, 05:12:05 AM Give it time. It won't be long as we are reaching the breaking point. When there is a bit more limelight on BTC, we will know that we've made it and the institutional investors will start jumping in. It could be as soon as August 2014.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: TERA on May 19, 2014, 07:34:21 AM Give it time. It won't be long as we are reaching the breaking point. When there is a bit more limelight on BTC, we will know that we've made it and the institutional investors will start jumping in. It could be as soon as August 2014. Another post written with catchy exciting phrases. Are you guys getting pumped yet? Also, it's written by someone wearing a suit and a tie, so you should pay attention. Title: Re: Who are these "big investors" and what are they waiting for? Post by: RandomPedestrianN9 on May 19, 2014, 07:37:49 AM Give it time. It won't be long as we are reaching the breaking point. When there is a bit more limelight on BTC, we will know that we've made it and the institutional investors will start jumping in. It could be as soon as August 2014. Another post written with catchy exciting phrases. Are you guys getting pumped yet? Also, it's written by someone wearing a suit and a tie, so you should pay attention. This is hilarious. You know its time to abandon ship when the buzzwording starts. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Benjig on May 19, 2014, 08:09:43 AM Just wait.. the big investors are taking a break
http://cdn.rtny.uproxx.com/wp-content/uploads/2013/07/DSC01239.jpg Title: Re: Who are these "big investors" and what are they waiting for? Post by: calmindifference on May 19, 2014, 08:27:51 AM Why does a big investor want to risk money in an investment where 10% is owned by a complete unknown and 7% is in the clammy hands of a fat french otaku
Title: Re: Who are these "big investors" and what are they waiting for? Post by: RandomPedestrianN9 on May 19, 2014, 08:31:02 AM Why does a big investor want to risk money in an investment where 10% is owned by a complete unknown and 7% is in the clammy hands of a fat french otaku Troll and FUD spreader! The big investors ARE coming because we want it. Title: Re: Who are these "big investors" and what are they waiting for? Post by: bananaControl on May 19, 2014, 08:43:38 AM In all seriousness, why hasn't RandomPedestrianN9 been banned yet? He isn't interested in a discussion, he's only here to troll.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: piramida on May 19, 2014, 08:57:03 AM In all seriousness, why hasn't RandomPedestrianN9 been banned yet? He isn't interested in a discussion, he's only here to troll. because we should not ban people for their opinion, no matter how unsubstantiated. there's Ignore button for that. Title: Re: Who are these "big investors" and what are they waiting for? Post by: bananaControl on May 19, 2014, 09:02:06 AM In all seriousness, why hasn't RandomPedestrianN9 been banned yet? He isn't interested in a discussion, he's only here to troll. because we should not ban people for their opinions, no matter how unsubstantiated. there's Ignore button for that. I totally agree on not banning people for their opinions, bitcoin should be carefully scrutinized in every possible way. Valid criticism will only make it stronger. But this person is not adding anything constructive at all. He doesn't even reply when his "logic" is commented upon... And now we see him running around the forum yelling like a little child and calling everyone names. Jesus fucking Christ. Well, at least he doesn't hide what he really is. Title: Re: Who are these "big investors" and what are they waiting for? Post by: sickpig on May 19, 2014, 09:57:33 AM At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next? ipv6 Title: Re: Who are these "big investors" and what are they waiting for? Post by: RandomPedestrianN9 on May 19, 2014, 10:00:18 AM At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next? ipv6 Mechanic: Somebody set up us the bomb. Operator: We get signal. TERA: What ! Operator: Main screen turn on. TERA: It’s you !! CATS: How are you gentlemen !! CATS: All your base are belong to us. CATS: You are on the way to destruction. TERA: What you say !! CATS: You have no chance to survive make your time. CATS: Ha ha ha ha … Operator: Captain !! TERA: Take off every ‘ZIG’!! TERA: You know what you doing. TERA: Move ‘ZIG’. TERA: For great justice. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Ultros on May 19, 2014, 10:01:06 AM Not sure it has been posted here already but Asia's richest man is investing.
Quote Despite the price of a bitcoin tumbling from political pressure, the billionaire tycoon has poured an undisclosed amount of money, believed to be worth millions of dollars, into Bitpay, the bitcoin equivalent to PayPal, through his venture capital investment company Horizons Ventures. http://www.scmp.com/news/hong-kong/article/1512113/li-ka-shing-boosts-bitcoin-investments-amid-currency-crackdown-china That's what I'd call a big investor, and a nice vote of confidence into crypto market. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Erdogan on May 19, 2014, 01:25:01 PM No big investor has entered this year for 100kBTC or even 10 kBTC. It would have moved the price.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: kehtolo on May 19, 2014, 01:38:33 PM In all seriousness, why hasn't RandomPedestrianN9 been banned yet? He isn't interested in a discussion, he's only here to troll. because we should not ban people for their opinions, no matter how unsubstantiated. there's Ignore button for that. I totally agree on not banning people for their opinions, bitcoin should be carefully scrutinized in every possible way. Valid criticism will only make it stronger. But this person is not adding anything constructive at all. He doesn't even reply when his "logic" is commented upon... And now we see him running around the forum yelling like a little child and calling everyone names. Jesus fucking Christ. Well, at least he doesn't hide what he really is. +1 So why isn't he banned yet? Title: Re: Who are these "big investors" and what are they waiting for? Post by: igorr on May 19, 2014, 05:00:08 PM I keep hearing about these big investors that are coming. Who are they and what is taking them so long to jump in? LOL, just wait Title: Re: Who are these "big investors" and what are they waiting for? Post by: BitchicksHusband on May 19, 2014, 05:06:03 PM At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next? We ran out of IP addresses and despite everyone chastising everyone to switch to IPv6, the network effects were too strong and even still almost nobody has. Title: Re: Who are these "big investors" and what are they waiting for? Post by: bigdave on May 19, 2014, 05:10:17 PM Not sure it has been posted here already but Asia's richest man is investing. Quote Despite the price of a bitcoin tumbling from political pressure, the billionaire tycoon has poured an undisclosed amount of money, believed to be worth millions of dollars, into Bitpay, the bitcoin equivalent to PayPal, through his venture capital investment company Horizons Ventures. http://www.scmp.com/news/hong-kong/article/1512113/li-ka-shing-boosts-bitcoin-investments-amid-currency-crackdown-china That's what I'd call a big investor, and a nice vote of confidence into crypto market. He invested in Bitpay... he didn't buy bitcoins. So he invested in infrastructure. Thats where the investors are headed. Title: Re: Who are these "big investors" and what are they waiting for? Post by: igorr on May 19, 2014, 05:11:13 PM At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next? We ran out of IP addresses and despite everyone chastising everyone to switch to IPv6, the network effects were too strong and even still almost nobody has. Every days we have mined 4500 new bitcoins ! How much of the new money coming in every day to exchange ? ( $5 -10k usd or less ) :D Title: Re: Who are these "big investors" and what are they waiting for? Post by: tuneman1980 on May 19, 2014, 05:20:07 PM At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next? We ran out of IP addresses and despite everyone chastising everyone to switch to IPv6, the network effects were too strong and even still almost nobody has. Every days we have mined 4500 new bitcoins ! How much of the new money coming in every day to exchange ? ( $5 -10k usd or less ) :D No, currently 3,600 new BTC are created a day. http://cryptocoinstats.com/ Title: Re: Who are these "big investors" and what are they waiting for? Post by: BitchicksHusband on May 19, 2014, 05:49:13 PM The big investors need an SEC approved fund such as the Winklevoss fund to buy as part of their mutual funds. Once that happens, retirement money CAN come in. Until then, retirement money CANNOT come in.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: p0peji on May 19, 2014, 05:51:23 PM Bitcoin is just not an attractive investment atm. Too much uncertainty, price is still too high, investing in something China holds about 50% of the network in just does not seem like a good idea.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: BTCat on May 19, 2014, 06:09:12 PM Big money is gonna buy Cryptogenic Bullion (CGB) on Cryptsy, the solid coin for real investors ;)
http://cgb.holdings/ Title: Re: Who are these "big investors" and what are they waiting for? Post by: Marbit on May 19, 2014, 06:26:30 PM to be fair, the exchange infrastructure is pretty damn scary to anyone with real money to lose. and it is hard to know what is happening off the exchanges.
Title: Re: Who are these "big investors" and what are they waiting for? Post by: BTCat on May 19, 2014, 06:31:33 PM to be fair, the exchange infrastructure is pretty damn scary to anyone with real money to lose. and it is hard to know what is happening off the exchanges. CGB has been flawless from the start. Bitcoin/cryptocoins were designed so people can be their own bank and someone with real money needs to learn to hold their own coins too. Buy and withdraw it to your own wallets if you plan to hold. That being said I have never had a bad experience with Cryptsy, aside of a period they had to deal with growth issues (from 2,000 accounts to 200,000 accounts in the last months 2013). They always solve issues promptly and fair. Title: Re: Who are these "big investors" and what are they waiting for? Post by: Marbit on May 19, 2014, 10:25:48 PM to be fair, the exchange infrastructure is pretty damn scary to anyone with real money to lose. and it is hard to know what is happening off the exchanges. CGB has been flawless from the start. Bitcoin/cryptocoins were designed so people can be their own bank and someone with real money needs to learn to hold their own coins too. Buy and withdraw it to your own wallets if you plan to hold. That being said I have never had a bad experience with Cryptsy, aside of a period they had to deal with growth issues (from 2,000 accounts to 200,000 accounts in the last months 2013). They always solve issues promptly and fair. What does that have to do with anything? How is this any different for some crap altcoin like CGB when my point is that trusting any of these exchanges (definitely Crypsty included) is a huge risk? And the idea that you send money to immediately buy at any price to remove to cold storage (out of fear) doesn't jive with the idea of accredited investors using real platforms to time their entry correctly. We shouldn't have to buy NOW simply because our $ are unfit to hold on exchange. |
