The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread)

[MrSunshine]

You can now pay for a Vegas lap dance with Bitcoin: https://www.dailydot.com/debug/tip-strippers-bitcoin/

Talk about bullish!

[MrSunshine]

Harvard Researcher – Based on Moore’s Law Bitcoin Will Hit $100,000: https://themerkle.com/harvard-researcher-based-on-moores-law-bitcoin-will-hit-100000/

[MrSunshine]

Bitcoin: SegWit due for activation in a couple of days, here's what it means: https://www.neowin.net/news/bitcoin-segwit-due-for-activation-in-a-couple-of-days-heres-what-it-means

[gentlemand]

https://coinjournal.net/estonian-government-considering-raising-bitcoin-sovereign-wealth-fund/

Estonia is looking to add BTC to a sovereign wealth fund. They're looking to raise it by means of an ICO in their own token. Weird.

[JayJuanGee]

https://coinjournal.net/estonian-government-considering-raising-bitcoin-sovereign-wealth-fund/

Estonia is looking to add BTC to a sovereign wealth fund. They're looking to raise it by means of an ICO in their own token. Weird.

For some reason, almost ever entity that gets involved in BTC seems to want to create their own coin, and in the end, bitcoin is going to be the coin that is likely to rule them all, so maybe not a bad thing for all of these new coins to allow some levels of comfort to bring various persons and entities into crypto and subsequently into bitcoin.

[Torque]

'We are about to see massive disruptions': IMF's Lagarde says it's time to get serious about digital currency
https://www.cnbc.com/2017/10/13/bitcoin-get-serious-about-digital-currency-imf-christine-lagarde-says.html

Funny how in the video clip, it looked like she was holding back on talking specifically about Bitcoin but wanted to. 

[btcbeliever]

https://next.autonomous.com/thoughts?tag=crypto

check out the crypto funds by inception bar chart

A similar story can be seen in the inception dates of crypto funds. We continue to build out a database of crypto hedge funds, which follow one of the following strategies: (1) liquid venture investing in tokens, (2) cryptocurrency traders and former hedge fund managers, (3) token baskets, akin to software fund-of-funds, (4) crypto-indexes and (5) artificially intelligent or automated bot funds. For now, we exclude investment vehicles built by traditional asset managers that package exposure to a single currency, such as the Bitcoin Investment Trust from DGC/Grayscale. While data visibility in this space is quite poor, and not all "funds" are actually funds, we are able to piece together a fairly coherent story about what is happening. Our current view is that 75%+ of these funds were started in 2017, that in total they manage between $2 and $3 billion, but aspire to manage $8 billion, and that size is concentrated among the few early movers like Pantera and Polychain.

[JayJuanGee]

https://next.autonomous.com/thoughts?tag=crypto

check out the crypto funds by inception bar chart

A similar story can be seen in the inception dates of crypto funds. We continue to build out a database of crypto hedge funds, which follow one of the following strategies: (1) liquid venture investing in tokens, (2) cryptocurrency traders and former hedge fund managers, (3) token baskets, akin to software fund-of-funds, (4) crypto-indexes and (5) artificially intelligent or automated bot funds. For now, we exclude investment vehicles built by traditional asset managers that package exposure to a single currency, such as the Bitcoin Investment Trust from DGC/Grayscale. While data visibility in this space is quite poor, and not all "funds" are actually funds, we are able to piece together a fairly coherent story about what is happening. Our current view is that 75%+ of these funds were started in 2017, that in total they manage between $2 and $3 billion, but aspire to manage $8 billion, and that size is concentrated among the few early movers like Pantera and Polychain.

I'm curious how this linked article is actually bullish for bitcoin - except perhaps to reassert that a large majority of ICOs are pure speculative crap?

[btcbeliever]

https://next.autonomous.com/thoughts?tag=crypto

check out the crypto funds by inception bar chart

A similar story can be seen in the inception dates of crypto funds. We continue to build out a database of crypto hedge funds, which follow one of the following strategies: (1) liquid venture investing in tokens, (2) cryptocurrency traders and former hedge fund managers, (3) token baskets, akin to software fund-of-funds, (4) crypto-indexes and (5) artificially intelligent or automated bot funds. For now, we exclude investment vehicles built by traditional asset managers that package exposure to a single currency, such as the Bitcoin Investment Trust from DGC/Grayscale. While data visibility in this space is quite poor, and not all "funds" are actually funds, we are able to piece together a fairly coherent story about what is happening. Our current view is that 75%+ of these funds were started in 2017, that in total they manage between $2 and $3 billion, but aspire to manage $8 billion, and that size is concentrated among the few early movers like Pantera and Polychain.

I'm curious how this linked article is actually bullish for bitcoin - except perhaps to reassert that a large majority of ICOs are pure speculative crap?

the inflows of institutional money has mostly all started this year!

[dmwardjr]

I see most of us took off from posting on the thread for a while.  Happy to see people coming back...   

[LFC_Bitcoin]

**Bump**

Was just looking through my trust feedback’s & remembered by old pal Fakhoury. What the hell happened to him, he was a regular poster here, I spoke to him many times privately.

This thread was great to keep spirits up all those years ago during the long bear market. Was Fak’s account hacked?

He or somebody on his account last signed in 7th November, that’s only 2 days ago.

[JayJuanGee]

**Bump**

Was just looking through my trust feedback’s & remembered by old pal Fakhoury. What the hell happened to him, he was a regular poster here, I spoke to him many times privately.

This thread was great to keep spirits up all those years ago during the long bear market. Was Fak’s account hacked?

He or somebody on his account last signed in 7th November, that’s only 2 days ago.

Info regarding him has not been posted in this thread, and I have not seen it anywhere else on the forum.

I also had several PMs with him, but I think that he has been gone for more than 6 months... before March-ish, right?

[Torque]

Square app adds Bitcoin buy/sell/hold functions.

https://www.forbes.com/sites/laurashin/2017/11/14/squares-cash-app-a-new-place-to-buy-and-sell-bitcoin/#27c053114ce3

[ssmc2]

https://seekingalpha.com/article/4125022-bitcoin-series-3-security

 

[Torque]

Go New Hampshire, go! Now every other U.S. state needs to follow in their shoes.

https://twitter.com/keithammon/status/914207798682152960?s=17

Exempts those 'in the business of selling or issuing payment instruments or stored value in the form of convertible virtual currency' or 'receiving convertible virtual currency for transmission to another location' from registering as money transmitters.

[JimboToronto]

https://cointelegraph.com/news/its-not-really-about-bitcoin-price-surging-its-fiat-currencies-in-free-fall

[Wekkel]

https://cointelegraph.com/news/its-not-really-about-bitcoin-price-surging-its-fiat-currencies-in-free-fall

A nice way to inflate away my debts 

Still waiting for (paper?) Gold to sense all of this.

[Torque]

Hut 8 Partners with the Bitfury Group to Establish North America’s Largest Bitcoin Datacenters
http://www.businesswire.com/news/home/20171204005288/en/Hut-8-Partners-Bitfury-Group-Establish-North

[Fakhoury]

$600 Billion: Cryptocurrencies Now Worth More than Amazon

News URL : https://www.ccn.com/600-billion-cryptocurrencies-now-worth-amazon/

[Fakhoury]

Trace Mayer: “Demand Possession Of Your Bitcoin!”

News URL : https://crushthestreet.com/videos/live-interviews/trace-mayer-demand-possession-bitcoin