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Author Topic: Why A Hedge Fund Manager Who Made A Killing From Subprime Is Buying Bitcoin  (Read 332 times)
NUFCrichard
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February 27, 2016, 12:40:20 PM
 #1

http://www.zerohedge.com/news/2016-02-26/why-hedge-fund-manager-who-made-killing-subprime-buying-bitcoin

This seems like fairly sound logic, and is very bullish for Bitcoin.  So little money would have to move into bitcoin to move the price into 4 figures. As they say:
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sit back and watch as we witness the second coming of the bitcoin bubble, one which could make the previous all time highs in the digital currency, seems like a low print.
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February 27, 2016, 12:46:11 PM
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I start to believe, we'll see a small (x2) rally in March.

Always wrong until not.
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February 27, 2016, 01:36:06 PM
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and if the chinese did start to run to bitcoin in significant numbers all the government has to do to shut it down is squash 4-5 exchanges that puts about 60 people out of work. That's a bargain in anyone's book.

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February 27, 2016, 03:55:54 PM
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it is expected, this year there will be a bubble everyone knows it, and it will happen because of this exact reason

when the value will move up again big investor will enter in play together with many small fish, and increase the value even farther
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