Bitcoin makes frontpage of Financial Times magazine

[EuroTrash]

Financial Times MAGAZINE: a bunch of colourful sheets whose main use is spare paper for lining cat beds and bird cages. Generally distributed for free in business class airline lounges.

We are so being taken the piss off... literally 

[ft73]

Just FYI, the Financial Times is one of the world's leading business news and information organisations.

Your grandma might not have heard of it, but anyone with money or influence has, which is why this might be a good thing for Bitcoin (so far I think it's fair to say the FT has been negative on Bitcoin, but it's only a matter of time).

http://en.wikipedia.org/wiki/Financial_Times

Oh, and The Economist is 50% owned by the FT.

Again, how many do you think will "discover" Bitcoin with FT?

If they have money and influence, my guess is that they already know what it is.

Many will do, for sure, don't underestimate ignorance

[smoothie]

+1 gweedo,

Have to agree.

Although I am one to focus on profit, that is not my sole reason why I use crypto.

The guy who wrote "I am in bitcoin to get rich." is a joke. Likely the guy did not even see the price spikes coming from a year ago or at all. Just more attention whoring in the media.

[ElectricMucus]

Nobody has answered my question yet: Is the FT magazine a weekend inlay in the FT newspaper or is it a separately sold product?

[samson]

If anyone thinks a bunch of seasoned financial professionals are going to rush out and buy Bitcoin while it's still crashing based on some article in a FT supplement they are delusional.

If anything they will take one look at the available charts, immediately recognise that it's heading way down from current prices in the short to medium term and make a mental note to examine it again in a few months after it's bottomed out.

[lucas.sev]

If anyone thinks a bunch of seasoned financial professionals are going to rush out and buy Bitcoin while it's still crashing based on some article in a FT supplement they are delusional.

If anything they will take one look at the available charts, immediately recognise that it's heading way down from current prices in the short to medium term and make a mental note to examine it again in a few months after it's bottomed out.

Big money will ask their financial advisors about "that Bitcoin thing", to which they will reply  "they recently had a bubble, let it deflate and then we will come in"

This.

[niothor]

Nope, never saw it before. Which is my point.

While Bitcoin has been constantly on Techcrunch, Hacker News, Bloomberg, Yahoo Finance, The Economist, Forbes, Mises Institute, 4chan, Radio ads, and national TV news in many countries.
Oh, and special 30 minutes reports on China's national TV.

My coworkers and my parents' coworkers have heard of Bitcoin.
Even my grandparents heard of Bitcoin!
We aren't a year ago anymore...

How much readers are now seeing FT through this forum, reddit, or other affiliated Bitcoin platforms, compared to the number of readers who are just discovering Bitcoin with FT?

Looking how people are claiming , "This is it" , after bitcoin has made it to the FT (Weekend Magazine) after already been on other newspapers and the exuberation on the forum , that the price will go up , the whales will stop trading and manipulating and invest in infrastructure , everything we'll be fine now I can understand what's really happening ...

DESPAIR!

[niko]

Too bad the opening few paragraphs are such a turn-off.

Overall, the article provides a nice overview of the diverse Bitcoin ecosystem, from clueless Dunning-Kruger idiots, to those who actually understand at least parts of how Bitcoin operates, how governments operate, and how businesses operate.

[ranlo]

Eh, I might have developed a hype resistance after too much exposure.

I need a withdrawal period.

The problem here is the hyping things multiple times gets less and less effective each time. Some will find it annoying as well. "Why can't you talk about something else? OLD NEWS" and such.

[Bigpiggy01]

I read The Financial Times because I have a pink bathroom.

[KSV]

“My goal is to get rich,” says Jonathan Mohan, blunt as you like.

I stopped reading after this. If your goal is to get rich doing bitcoins, your doing it for the wrong reasons. Getting rich was a by product, and people like this don't believe in bitcoin like other people on this forum do. They even labeled him as a "Bitcoin promoter", this is insane.

What's wrong with trying to get rich, ya socialist weenie? Not everyone is in the bitcoin cult, sorry 
Honestly, thinking like that is not going to get you anywhere. Venture capitalists are needed to help build the infrastructure needed for wider adoption. And venture capitalists don't invest because they are "bitcoin beliebers" and they are part of the Gweedo Cult where nobody should try to get rich, everyone should just give everyone else their money and BELIEEEEVVVEEE. Venture capitalists invest because... they are rich, and they are trying to get richer.

Good luck with the socialist bitcoin cult mentality, though. At least it's amusing. 

There is nothing "wrong" with trying to turn a profit.

Then he shouldn't be labeled a bitcoin promoter. I am wealthy from bitcoins, and I could retire, but I don't cause I am so passionate about it. I think if your doing bitcoins just to get rich, you are not here for the right reasons. That is my opinion. I see that you don't like when people have opinions against your opinion. You need to work on that.

He probably should; he is just not promoting your own limited vision. The thing is, bitcoin is not your little pet project. It is not going to be what you fantasize that it will. It is what others make it. Keep telling people that you're righteous and they're not. It only marginalizes you and (in its small way) perpetuates the perception of bitcoiners as a cult. Bitcoins are useless to me as currency; I have dollars and more versatile payment systems for that. You don't like people like me? Watch what happens if all the speculators leave the market.

It is opinion dude, get over yourself LMAO. Let the speculators leave, I made my money off of them doing panics sells and buys LMAO

I see. So now that you've made your money, people trying to do the same are "doing it for the wrong reasons." ...But if you were here for the right reasons, you wouldn't have been trading in and out of fiat, would you?

...Get over myself? What are you even babbling about? If you don't want people to disagree with you, stop posting your opinions and then proceeding to dig yourself into holes.

he got you there with that 1. . . leave it at that.

[BitPirate]

Nope, never saw it before. Which is my point.

While Bitcoin has been constantly on Techcrunch, Hacker News, Bloomberg, Yahoo Finance, The Economist, Forbes, Mises Institute, 4chan, Radio ads, and national TV news in many countries.
Oh, and special 30 minutes reports on China's national TV.

My coworkers and my parents' coworkers have heard of Bitcoin.
Even my grandparents heard of Bitcoin!
We aren't a year ago anymore...

How much readers are now seeing FT through this forum, reddit, or other affiliated Bitcoin platforms, compared to the number of readers who are just discovering Bitcoin with FT?

Looking how people are claiming , "This is it" , after bitcoin has made it to the FT (Weekend Magazine) after already been on other newspapers and the exuberation on the forum , that the price will go up , the whales will stop trading and manipulating and invest in infrastructure , everything we'll be fine now I can understand what's really happening ...

DESPAIR!

Quite how bears can spin this into a negative thing is completely beyond me. Do any of you stand back and actually think about what you are saying?

Being in the ft weekend magazine is not negative, it is great news. Exposure is good. These kinds of things are far more positive and concrete than the nonsense regarding Cyprus or China that was readily lapped up on these forums.

As for "OMG whales"... It is not then causing the problems. It is the weak hands that follow them.

[ranlo]

Nope, never saw it before. Which is my point.

While Bitcoin has been constantly on Techcrunch, Hacker News, Bloomberg, Yahoo Finance, The Economist, Forbes, Mises Institute, 4chan, Radio ads, and national TV news in many countries.
Oh, and special 30 minutes reports on China's national TV.

My coworkers and my parents' coworkers have heard of Bitcoin.
Even my grandparents heard of Bitcoin!
We aren't a year ago anymore...

How much readers are now seeing FT through this forum, reddit, or other affiliated Bitcoin platforms, compared to the number of readers who are just discovering Bitcoin with FT?

Looking how people are claiming , "This is it" , after bitcoin has made it to the FT (Weekend Magazine) after already been on other newspapers and the exuberation on the forum , that the price will go up , the whales will stop trading and manipulating and invest in infrastructure , everything we'll be fine now I can understand what's really happening ...

DESPAIR!

Quite how bears can spin this into a negative thing is completely beyond me. Do any of you stand back and actually think about what you are saying?

Being in the ft weekend magazine is not negative, it is great news. Exposure is good. These kinds of things are far more positive and concrete than the nonsense regarding Cyprus or China that was readily lapped up on these forums.

As for "OMG whales"... It is not then causing the problems. It is the weak hands that follow them.

On this note, even if were bad, "there's no such thing as bad publicity." Anything that helps bring things out to the open piques more interest. Those who would jump on will do their research regardless of what others said positive/negative.

[Jozzaboy]

On the note of publicity...

I'll just leave this right here.

http://www.virtual-strategy.com/2013/06/15/forexminutecom-now-recommends-traders-buy-bitcoins