Good news: price still has a long way to go, majority of world's big money is nowhere near on board this train.
“I still don’t even know what it is” – Jim Chanos, famed short-seller and founder of $6 billion Kynikos Associates.
“You know, I don’t understand bitcoin” – Bonnie Baha, head of Global Developed Credit at $53 billion DoubleLine Capital.
“I don’t really know enough to have a view” – Chris Delong, chief investment officer of $8.1 billion multi-strategy hedge fund Taconic Capital Advisors
“I don’t have any insight at all. I don’t know how it should be valued. I have no anchor as to what it’s worth”- Steven Einhorn, Vice-Chairman of Omega Advisors
“I like sound currencies. I have no interest in that. I would stay away” - Margie Patel, senior portfolio manager at Wells Capital Management.
http://blogs.reuters.com/unstructuredfinance/2013/11/22/what-the-money-managers-and-the-fog-of-bitcoin/