Former Goldman Sachs Partner Bullish on Bitcoin (5/5/2014)

[liexel]

yay. greedy bankers cant be wrong, the price is too low now for them to make a killing selling them at current levels.

[rudius]

It looks to me that he is at loss and loosing momentum.

[Bit_Happy]

"...So there’s this open source community where there’s huge brain power, let alone all the VC money that’s going in. And so from Marc Andreessen and his company to Benchmark… there’s lots of smart money going in. I’ve never seen a small project with more human capital going into it, and so I kind of want to bet just on that alone."

Nice! Another example of the media cycle turning strongly positive. 

[Mervyn_Pumpkinhead]

Fortress is like a typical bagholding tard, who bought at the top, has lost half of it's investments and now is trying to act like everything is super. I bet that there won't be long till they will start holding hands with Barry Silbert

[juloong]

hmm ... lets see ... i think once one hedgefund goes in .. others will follow suit

[p0peji]

Fortress is like a typical bagholding tard, who bought at the top, has lost half of it's investments and now is trying to act like everything is super. I bet that there won't be long till they will start holding hands with Barry Silbert

I agree, but it would not be smart to discern the fact that other funds might want to enter into bitcoin.

[Mervyn_Pumpkinhead]

Fortress is like a typical bagholding tard, who bought at the top, has lost half of it's investments and now is trying to act like everything is super. I bet that there won't be long till they will start holding hands with Barry Silbert

I agree, but it would not be smart to discern the fact that other funds might want to enter into bitcoin.

Of course it might. I think that we haven't had a period yet, where there wouldn't be a chance that new wealth might enter. "Everything is going super!" talks from Fortress doesn't increase the chance, that it might happen though. They are not neutral and their history doesn't exactly show them as competent in the subject.
I'm tired of these "someone has a really good feeling about bitcoin!" news, and the way how the cultists try to present these news as important.

[blatchcorn]

Everyone here knows Bitcoin will change the world.  It is simply going through a rough patch, of which there will be many

[UglyTroll]

A lot people outside here know that once adoption rate reach its limit, Bitcoin will collapse

[kireinaha]

A lot people outside here know that once adoption rate reach its limit, Bitcoin will collapse

[UglyTroll]

When bullshit happens, remember what you said 

[Bit_Happy]

When bullshit happens, remember what you said 

We really needed a new ugly troll, UglyTroll.
Welcome to the forums. 

[Bitcoin_is_here_to_stay]

Fortress is like a typical bagholding tard, who bought at the top, has lost half of it's investments and now is trying to act like everything is super. I bet that there won't be long till they will start holding hands with Barry Silbert

I agree, but it would not be smart to discern the fact that other funds might want to enter into bitcoin.

Of course it might. I think that we haven't had a period yet, where there wouldn't be a chance that new wealth might enter. "Everything is going super!" talks from Fortress doesn't increase the chance, that it might happen though. They are not neutral and their history doesn't exactly show them as competent in the subject.
I'm tired of these "someone has a really good feeling about bitcoin!" news, and the way how the cultists try to present these news as important.

+1

[freedomno1]

There are in best estimates somewhere 30,000 individual programmers working on Bitcoin
Well that is a good bull signal 

[Bit_Happy]

There are in best estimates somewhere 30,000 individual programmers working on Bitcoin
Well that is a good bull signal  

Does the Linux core have that many individual programmers, or any Open Source project?
Even 10 to 15K sounds like a lot.

[DustyRah]

why isn't bitcoin prices going up? is it purposely being depress for hedge funds to buy more?

Because your a$$ is not out there buying or spending more BTC...Everyone is hodling and we are on a slow boat to Bangkok right now~

[Bit_Happy]

All this good news is keeping the market from falling sharply.
Soon enough, China and Gox will not be able to scare the market any more.

[BitOnyx]

China markets start to consider different bank services in place of those based in China.

China consumers are still most important factor for bitcoin price since they actually need some kind of alternative for yuan.

When it comes to anything related to Goldman Sachs, I can't believe any one is listening to them since 2008 events.