Bitcoin Forum
October 20, 2019, 10:19:52 AM *
News: 10th anniversary art contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Seth Klarman on Bitcoin  (Read 592 times)
megadeth
Sr. Member
****
Offline Offline

Activity: 283
Merit: 250

bagholder since 2013


View Profile
February 15, 2016, 12:25:15 AM
 #1

Found Seth Klarman's take on Bitcoin interesting, this is from 2014:

Quote
Seth Klarman also weighed in on Bitcoin, noting that “Only in a bull market could an online ‘currency’ dubbed bitcoin surge 100-fold in one year, as it did in 2013. Now most sell-side firms are rushing to provide research on this latest fad,” he also noted that while “bitcoin funds” are being formed, the fund is “happy to let pass us by, the thinking behind cryptocurrencies may contain a kernel of rationality. If paper currencies – dollars and yen – can be printed in essentially unlimited volumes, and just as with all currencies are only worth what recipients on any given day will exchange in goods or services, then what makes them any better than the “crypto” kind of money?”

If his fund did take a position, he's doing a great job of obfuscating it.


bagholder since 2013
My sig space is not for sale.
1571566792
Hero Member
*
Offline Offline

Posts: 1571566792

View Profile Personal Message (Offline)

Ignore
1571566792
Reply with quote  #2

1571566792
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571566792
Hero Member
*
Offline Offline

Posts: 1571566792

View Profile Personal Message (Offline)

Ignore
1571566792
Reply with quote  #2

1571566792
Report to moderator
1571566792
Hero Member
*
Offline Offline

Posts: 1571566792

View Profile Personal Message (Offline)

Ignore
1571566792
Reply with quote  #2

1571566792
Report to moderator
1571566792
Hero Member
*
Offline Offline

Posts: 1571566792

View Profile Personal Message (Offline)

Ignore
1571566792
Reply with quote  #2

1571566792
Report to moderator
7788bitcoin
Legendary
*
Online Online

Activity: 1148
Merit: 1006


WOLF.BET - Provably Fair Dice Game


View Profile
February 15, 2016, 03:53:15 AM
 #2

Hmmm.... It seems that he only knows the increase in price.... not sure if he really understood the bitcoin protocol and aware of the blocksize debate. Homework for him!

.WOLF.BET.
▀  ▀▀▀▀▀▀
  ▀ ▀▀▀
 ▄ ▄▄▄ 
  ▄ ▄▄▄
▄  ▄▄▄▄▄▄
        ▄▄▄▀▀▀▀▄▄▄
    ▄███▌        ▀▀▄
  ▄▀   ▐█████████▄  ▀▄
 ▄▀  ▄█████████████▄  █
 ▌  █████████████████  █
▐  ████████████████ ▄█
█  █████████████████████▌
▐  ██████████████████ ▀█▌
 ▌ ▐█████████████████▌ ▐▀
 █  ██████████████▀ ▄▀
  █   ███████████▀  ▄▀
   ▀▄▄██ ▀▀▀▀▀▀▀  ▄▄▀
     ▀██▄▄▄▄▄▄▄▄▀▀▀
▄███████████▄
███████    ████████████▄
███████    ███████   ▀██
██████████████████    ██
██    ██████████████████
██    ███████    ███████
█████████████    ███████
███████    █████████████
███████    ███████    ██
██████████████████   ▄██
██        ▀███████████▀
██
██
      ▄█▄         ▄█▄
 ▄██ ███ ███████ ███ ██▄
▐███▄ ▀ ▄███████▄ ▀ ▄███▌
▐█▌▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▐█▌
▐█▌   ▄▄▄▄▄▄▄▄        ▐█▌
▐█▌   ████████        ▐█▌
▐█▌       ███     ▄▄▀▀▀██▄
▐█▌      ███    ██▀      ▀█
▐█▌     ███    ███         █
▐█▌    ███     ███          █
 ██▄           ███▄         █
  ▀█████████████████▄     ▄█
                  ▀▀█████▀▀

████
██
██
██
██
██
██
██
██
██
██
████


.AFFILIATE PROGRAM.
   ...FREE FAUCET........
..CHAT RAIN.............
TexasHuck
Full Member
***
Offline Offline

Activity: 126
Merit: 100

Ⓚ Kore Projects CTO Ⓚ


View Profile WWW
August 28, 2017, 03:29:11 AM
 #3

Interesting how quickly our thought process has evolved on this.... Quite beautiful actually.

Ⓚ Kore Projects - Privacy and Security - This is our Kung Fu..... Ⓚ
CryptoBry
Sr. Member
****
Online Online

Activity: 896
Merit: 335


CryptoTalk.Org - Get Paid for every Post!


View Profile
August 28, 2017, 04:04:46 AM
 #4

Hmmm.... It seems that he only knows the increase in price.... not sure if he really understood the bitcoin protocol and aware of the blocksize debate. Homework for him!

He is very optimistic about Bitcoin though he might not had a full grasp of the whole thing back then. I am sure that he is now well-rounded when we talk about cryptocurrency. Just like all of us here we started to get involved with Bitcoin all because of the surge of its value and we want to make some profits along the way.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!