Bitcoin Forum
March 28, 2024, 01:36:06 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 [6] 7 »  All
  Print  
Author Topic: 20 calls a day from large asset managers looking to invest up to $100m.  (Read 10401 times)
jinni
Sr. Member
****
Offline Offline

Activity: 255
Merit: 250


View Profile
April 04, 2013, 04:31:12 PM
 #101

Financial Times is reporting:

"Exante predicted that public and media interest would take off when Bitcoins were trading at $100. Managing partner Gatis Eglitis claims they are now getting 20 calls a day from large asset managers looking to invest up to $100m."

http://www.ft.com/cms/s/0/b4be7d8e-9c73-11e2-9a4b-00144feabdc0.html#ixzz2PRJpnZqI

Hope mtgox solves its ddos attacks first.


I can't help thinking this Maltese guy Gatis Eglitis is somehow exaggerating the interest he gets. It seems his name is being spread all over the internet, especially following the FT-article. If someone wants to invest in Bitcoin, why buy a fund? Why not just transfer some money into an exchange and buy it yourself. And if you want to invest a $100m and need some help why not get Goldman Sachs to help you instead of some brokerage from Malta set up a few years ago that nobody has heard of before they started selling Bitcoin funds...
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711632966
Hero Member
*
Offline Offline

Posts: 1711632966

View Profile Personal Message (Offline)

Ignore
1711632966
Reply with quote  #2

1711632966
Report to moderator
1711632966
Hero Member
*
Offline Offline

Posts: 1711632966

View Profile Personal Message (Offline)

Ignore
1711632966
Reply with quote  #2

1711632966
Report to moderator
Kazu
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
April 04, 2013, 04:47:45 PM
 #102

Also, a currency without  a high level of inflation would do wonders for the enviroment and global warming if accepted globally.
Not quite getting the link there, sorry :\

CoinLenders - Bitcoin Bank Script / Demo
1v.io/kazu - 15ccW7m6RxDFWEKc3P1NdwWpX1N1pU7gZ8
Manticore
Member
**
Offline Offline

Activity: 70
Merit: 10



View Profile
April 04, 2013, 05:18:13 PM
 #103

Financial Times is reporting:

"Exante predicted that public and media interest would take off when Bitcoins were trading at $100. Managing partner Gatis Eglitis claims they are now getting 20 calls a day from large asset managers looking to invest up to $100m."

http://www.ft.com/cms/s/0/b4be7d8e-9c73-11e2-9a4b-00144feabdc0.html#ixzz2PRJpnZqI

Hope mtgox solves its ddos attacks first.


I can't help thinking this Maltese guy Gatis Eglitis is somehow exaggerating the interest he gets. It seems his name is being spread all over the internet, especially following the FT-article. If someone wants to invest in Bitcoin, why buy a fund? Why not just transfer some money into an exchange and buy it yourself. And if you want to invest a $100m and need some help why not get Goldman Sachs to help you instead of some brokerage from Malta set up a few years ago that nobody has heard of before they started selling Bitcoin funds...

Even he admits to starting it for fun, nothing too serious (with small $1000 subscriptions). He's probably getting a few phone calls simply because it's been in the news lately, but unlikely it they will ever proceed past the preliminaries. The only reason someone would start a fund is because other funds & institutions need a structure in which to invest (most can't invest directly for various reasons). And non-tech savvy individuals might invest simply because the fund offers secure cold storage, they don't want to deal with Gox, and they would at least have some level of recourse.
Adrian-x
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
April 04, 2013, 05:46:04 PM
 #104

Also, a currency without  a high level of inflation would do wonders for the enviroment and global warming if accepted globally.
Not quite getting the link there, sorry :\

If a deflationary spiral were to happen, people would survive, eat, and do the essentials, they would stop investing in Oil and resource mining as the demand would drop, the resulting economic slowdown however would be of net benefit to the environment.  

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
Rampion
Legendary
*
Offline Offline

Activity: 1148
Merit: 1017


View Profile
April 04, 2013, 06:08:07 PM
 #105

Also, a currency without  a high level of inflation would do wonders for the enviroment and global warming if accepted globally.
Not quite getting the link there, sorry :\

A deflationary currency encourages saving and prevents brainless consumerism, while an inflationary currency encourages the opposite as the currency itself dilutes its value in time.

Kazu
Full Member
***
Offline Offline

Activity: 168
Merit: 100


View Profile
April 04, 2013, 10:16:41 PM
 #106

Also, a currency without  a high level of inflation would do wonders for the enviroment and global warming if accepted globally.
Not quite getting the link there, sorry :\

If a deflationary spiral were to happen, people would survive, eat, and do the essentials, they would stop investing in Oil and resource mining as the demand would drop, the resulting economic slowdown however would be of net benefit to the environment.  
I have a really hard time believing that.

Take technology. The inflation in CPU power easily outweighs the inflation of the USD, and any phone you could buy today you could buy tomorrow for cheaper. But people buy things today anyhow, because people like things NOW, not in a week from now.

CoinLenders - Bitcoin Bank Script / Demo
1v.io/kazu - 15ccW7m6RxDFWEKc3P1NdwWpX1N1pU7gZ8
Adrian-x
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000



View Profile
April 04, 2013, 11:14:59 PM
 #107

@Kazu

sure that's why an economy will not totally collapse. let's exaggerate the principle to see the environmental benefits :

it is better to go into debt to buy a $300,000 house when we have price inflation in 10 years your house is worth $400,000, you win. (environment suffers more energy and resources went in to building it now.)

with price deflation you would be better off saving now to buy the same house in 10 years for $200,000, you defer consumption the environment is better off.

with a static money supply price deflation is a result of over production and price inflation is a result of under production. deflation slows economic growth, a slowing in the rate of growth is good for the environment.

deferred consumption can be perpetuated in 10 years you may hold out for a $100,000 house equivalent to that of the $300,000 house in an economy with price inflation. this lack of consumption is considered bad in conventional economics.

 ln actually it is the free market investing resources appropriately. with price inflation you may encourage people to build and buy homes they can not afford, they will be repossessed become derelict and ultimately a negative cost on the environment all because they could not predict the future, but using the same greed motive with deflating prices an inability to predict the future does not negatively impact the environment.

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
Razick
Legendary
*
Offline Offline

Activity: 1330
Merit: 1003


View Profile
April 05, 2013, 02:09:24 AM
 #108

what did you expect?

I kind of expected this, because I know that even skeptics will come to appreciate how brilliant Bitcoin is when they bother to learn in detail about it.


personally I'm starting to doubt bitcoin abit because it requires someone to pay for Energy forever and in increasing amounts to keep it alive

I don't think this is an issue. One reason being that highly efficient ASICs will soon be doing all the mining.

ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
notme
Legendary
*
Offline Offline

Activity: 1904
Merit: 1002


View Profile
April 05, 2013, 04:37:28 AM
 #109

what did you expect?

I kind of expected this, because I know that even skeptics will come to appreciate how brilliant Bitcoin is when they bother to learn in detail about it.


personally I'm starting to doubt bitcoin abit because it requires someone to pay for Energy forever and in increasing amounts to keep it alive

I don't think this is an issue. One reason being that highly efficient ASICs will soon be doing all the mining.

Yes.  That, and it is not ever increasing.  Not only will the reward for mining shrink, mining only grows when price grows.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
thebaron
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
April 09, 2013, 02:58:14 PM
 #110

Heading to $150. Smiley

Please. It will be $1000 by the 15th.

Bump.
ineededausername
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


bitcoin hundred-aire


View Profile
April 09, 2013, 02:59:15 PM
 #111


It seriously does look that we MAY see quadruple digits before June.

(BFL)^2 < 0
thebaron
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
April 09, 2013, 03:05:36 PM
 #112


It seriously does look that we MAY see quadruple digits before June.

You're severely underestimating what media coverage of breaking the $200 mark is about to do.
vokain
Legendary
*
Offline Offline

Activity: 1834
Merit: 1019



View Profile WWW
April 09, 2013, 03:05:54 PM
 #113


It seriously does look that we MAY see quadruple digits before June.

You're severely underestimating what media coverage of breaking the $200 mark is about to do.

especially in so short of a time
SgtSpike
Legendary
*
Offline Offline

Activity: 1400
Merit: 1005



View Profile
April 09, 2013, 03:58:49 PM
 #114


It seriously does look that we MAY see quadruple digits before June.

You're severely underestimating what media coverage of breaking the $200 mark is about to do.
And YOU, sir, are severely underestimating the metering power of the MtGox queue!   Cheesy
blockbet.net
Member
**
Offline Offline

Activity: 112
Merit: 10


Admin at blockbet.net


View Profile WWW
April 09, 2013, 04:05:30 PM
 #115

Take technology. The inflation in CPU power easily outweighs the inflation of the USD, and any phone you could buy today you could buy tomorrow for cheaper. But people buy things today anyhow, because people like things NOW, not in a week from now.

If you look at the iPhone or the Galaxy S, they're pretty much at fixed prices all the way until a new model comes out, and I suppose so are the iPads etc. Mobile phones are starting to be so powerful and versatile that they don't really need much in the way of new features any more.

Now, people are still going to spend money on a nice phone even if it's not absolutely necessary, but hopefully they will stop to think for a moment if it really makes sense to buy a new phone every year. This can only be a good thing, even if those companies would make less of a profit that way.

Bitcoin Sports Betting online at www.blockbet.net, featuring NBA, NHL, UFC, football (soccer) and international competitions. Fast payouts directly to your wallet, great win odds, no need to register or deposit. Bet in just a few clicks now!
Wekkel
Legendary
*
Offline Offline

Activity: 3108
Merit: 1531


yes


View Profile
April 09, 2013, 06:25:14 PM
 #116

The saturation in the phone market is already there. Hardware is dead with perfect Android phones for $125 from China. Only in terms of camera I still see some room for actual progress. I carry a 2010 Android phone and don't feel like I need something newer. I think more people will switch to this approach in the future and really stick to their phone for at least 2-4 years.

mb300sd
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000

Drunk Posts


View Profile WWW
April 09, 2013, 06:28:34 PM
 #117

The saturation in the phone market is already there. Hardware is dead with perfect Android phones for $125 from China. Only in terms of camera I still see some room for actual progress. I carry a 2010 Android phone and don't feel like I need something newer. I think more people will switch to this approach in the future and really stick to their phone for at least 2-4 years.

Well, as a college student, we tend to go through 2-3 phones a year, mostly because we get drunk and drop them in the keg can.

1D7FJWRzeKa4SLmTznd3JpeNU13L1ErEco
Gordonium
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
April 09, 2013, 06:28:56 PM
 #118

The saturation in the phone market is already there. Hardware is dead with perfect Android phones for $125 from China. Only in terms of camera I still see some room for actual progress. I carry a 2010 Android phone and don't feel like I need something newer. I think more people will switch to this approach in the future and really stick to their phone for at least 2-4 years.

Never underestimate the power of technology and innovation.
bitsalame
Donator
Hero Member
*
Offline Offline

Activity: 714
Merit: 510


Preaching the gospel of Satoshi


View Profile
April 09, 2013, 06:30:51 PM
 #119

what did you expect?

I kind of expected this, because I know that even skeptics will come to appreciate how brilliant Bitcoin is when they bother to learn in detail about it.


personally I'm starting to doubt bitcoin abit because it requires someone to pay for Energy forever and in increasing amounts to keep it alive

Is there another currency that doesn't?
USD doesnt need a permanent inflow of ever increasing Energy to keep it's perceived value alive

Ok, lets go to wall street and burn all their fuses.
Lets see how well it goes.
thebaron
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
April 09, 2013, 07:22:16 PM
 #120

And YOU, sir, are severely underestimating the metering power of the MtGox queue!   Cheesy

Ah, but I have a...feeling Bitcoins are about to become a lot easier for people to purchase.
Pages: « 1 2 3 4 5 [6] 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!