[BREAKING NEWS]: Bain Launches $50 Million Bitcoin & Ethereum Fund

[Minecache]

Hot news just announced.

Buy BTC. Buy ETH. NOW!!

http://www.coindesk.com/former-bain-manager-launches-50-million-bitcoin-ethereum-fund/

Updates to follow...

[Barcode_]

It might be a good time to buy some Bitcoin and Ethereum now before the price goes up higher with this piece of news released, it seems that investing in crypto-currency is getting more and more popular nowadays, and a lot of big investors are switching from traditional investment to crytpo-currency, maybe it is really true that bitcoin is the new safe-haven asset.

[frontdenplastic]

The first tranche of the fund, estimated to be valued about $10m, is in the final stages of closing, and is expected to be announced by the end of this month.

Although this is a good start $10m won't move the price much.

[tiggytomb]

Nice, probably is a good time to pick some ETH before it starts climbing, long term it is bound to reach bitcoin levels as long as something catastrophic doesn't happen.

[BitHodler]

It's fairly decent news, but not really something to be greatly excited about (mainly referring to your breaking news title statements).

We have seen a huge load of bullish'ness already, which has even the mainstream media in a firm grip ~ it's an amazing year for crypto in general.

Instead of solely highlighting the negative aspects such as thefts, ransom, money laundering, dark markets, and the list goes on, they actually show more respect and appreciation to what crypto is doing.

[ActiveP]

Nothing new to see here, a large percentage of coins being bought this year and last were by very wealthy folks and investment groups. It sure help the price now,but hurts it when they decide to dump en masse.

[khaled0111]

i dont know if investment of wealthy people in bitcoin is going to help us or will have a negative effect.

[shyliar]

Good news for zcash, ripple, litecoin and dash too. Although, the actual initial 10 million dollar investment spread across six different cryptos will have negligible effect on price for any of them. Nice to see though.

[kryptqnick]

It is surely nice that people invest in cryptocurrencies. However, we don't know whether it will help ethereum a lot, because I haven't seen anything about the percentage of invested money in each currency. Perhaps it will help ripple or litecoin. And what is not very good is that people keep investing in currencies just for the sake of gaining profit. Money is supposed to function, not be stored. I even believe that all this cryptomarket thing can become the main cause of the next worldwide economic crisis.

[andyf]

I wouldn't predict that $50M investment in a market with a combined $60b cap will make a significant difference. But it seems now is a good time to buy.

[Spoetnik]

This just in.. Spoetnik doesn't care  

This is just one more of your formulaic little "News" stories on ETH.
With the punch line being.. BUY BUY BUY !

You are a fraud and if you listened to me when i said buy Litecoin at $2.80 you'd be rich

Oh and i agree with most of you here.
AND.. the forum voted this guy a fraud unanimously. 

[asepsetiawan1990]

It might be a good time to buy some Bitcoin and Ethereum now before the price goes up higher with this piece of news released, it seems that investing in crypto-currency is getting more and more popular nowadays, and a lot of big investors are switching from traditional investment to crytpo-currency, maybe it is really true that bitcoin is the new safe-haven asset.

It is sure that the movement of investors has begun to appear. Behind all this is still a negative side that must continue to be reduced one of the factors that are negative views caused by parties that have their own interests.