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StevenPop
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April 09, 2018, 10:56:24 AM |
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The big players are starting to see the potential in the market and they are now going to start getting into the market which would mean that the price would go up and the next bull market will just be massive.
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Tooevilforyou
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April 09, 2018, 11:07:35 AM |
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This might trigger a growth in the market I believe as people would want to get as much coins as possible seeing as a company like this would cause a surge in demand.
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bitfocus
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April 09, 2018, 11:14:20 AM |
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those who are screaming "Crypto is Dead" like stupid should have a look at such news Rockfeller and George Soros investing in crypto. those panic babies are just making whales more reach.
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CryptoGosu
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April 09, 2018, 11:18:13 AM |
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This news looks positively. I think it is necessary to wait. I do not think that everything will pass so quickly. It was left to wait for new heights of capitalization of the markets.
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1Referee
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April 09, 2018, 11:23:19 AM |
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It's likely just a publicity stunt at most. I wouldn't be surprised to find out they already bought themselves a good number of coins, especially when these articles come out. Do you seriously believe large parties will announce them going to invest, or are interested to invest in crypto, and after that start actually buying? First they buy, then let the outside world know of their interest/investments.
Also, people constantly focus on what they see pop up in the media, while in the background actual major things are unfolding without anyone here noticing. Once major parties start getting involved in Bitcoin, the low availability of coin supply will steer this market to +$100,000 levels easily. Add that there aren't all that many coins left to be minted, and you'll see that there is only one way for this market to move in.
Currently there are a little over 4 million coins left to be minted, which at current levels represent a value of $28 billion, which in the financial world is absolutely peanuts, where you also have to keep in mind that the majoty of these coins will probably never hit the exchange market.
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VitKoyn
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April 09, 2018, 11:25:17 AM |
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Rockefeller is now entering cryptocurrency like Soros and Rothschild announced. Well it is not shocking that big names or big companies are now entering the cryptocurrency market, knowing that the price of every existing cryptocurrency is on its cheapest for the last few months. A lot of cryptocurrency investors will see this as a good news because it can drive the price of the market to the moon again but don't forget that those big investors can also ruin the market whenever they want to sell their cryptocurrency investments and remember they are also here because they want to make huge profit.
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KingScorpio
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April 09, 2018, 11:30:21 AM |
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wow these established capitalists want now to found banks, finding idiots working for money, hmm thats gonna be interesting what is for sure that they will try to medially start as many ponzi schemes as possible
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gantez
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April 09, 2018, 11:32:31 AM |
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Just as we have FUD, so also we have some positive news around. These positive news do balance the market movement, thats the way I see it. If it then comes to be real, that will be a plus to crypto world.
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ManaMan
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April 09, 2018, 11:51:23 AM |
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Yeah, well you have many "green news" from December that started out as many new companies that are looking to enter the space. No matter the cost and what price bitcoin is trading now, but many people know about it with companies jumping on board. When you see giant companies coming to crypto, you know one thing for sure - crypto is here to stay.
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cellard
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April 09, 2018, 11:54:10 AM |
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Im sure they will not hold the underlying asset, meaning that they will not hold bitcoins themselves... they are too dumb for that, too old, they will resort to buying futures contracts and wait for the ETF to come, only the smart people know how to store their own BTC. They just want profit dollar wise, they don't care about Bitcoin let alone altcoins.
In the long term they are fucked, fiat is a ticking timebomb, only the smart will accumulate BTC, the rest are still in denial and collecting paper.
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sate_padang
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April 09, 2018, 12:01:20 PM |
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That's very good news or news, and I believe it will have a good impact on market movements and start raising bitcoin prices, maybe it's time for bitcoin to rise in price.
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Thadeous (OP)
Copper Member
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April 09, 2018, 05:18:01 PM |
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Im sure they will not hold the underlying asset, meaning that they will not hold bitcoins themselves... they are too dumb for that, too old, they will resort to buying futures contracts and wait for the ETF to come, only the smart people know how to store their own BTC. They just want profit dollar wise, they don't care about Bitcoin let alone altcoins.
In the long term they are fucked, fiat is a ticking timebomb, only the smart will accumulate BTC, the rest are still in denial and collecting paper.
Derivatives, like futures contacts, usually affect market much stronger than direct investments, since they attract lots of such direct investments under each type of contract.
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sabine80
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April 09, 2018, 09:10:18 PM |
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this is again another great news for bitcoin. the market will become more and more interesting for the big players from the fiat area. for me these are the right signs to continue to believe in bitcoin and to use the low prices to further expand my portfolio.
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Daimon88
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April 10, 2018, 11:20:15 AM |
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That is wonderful, it is very good news for Bitcoin users because they are using a technology of easiness and also taking benefit from it. People and companies and attracting towards Bitcoin because they come to know that it will not cost you a lot in transacting amount from one place to another and will reach out your money to the receiver within seconds that is what people want and it is totally independent of the amount to transact that can be a lot and can be less. So Bitcoin will be growing like this as it deserves all in any proportion.
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boyptc
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April 10, 2018, 11:24:54 AM |
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How do yo think, is it that key crypto market signal that will trigger the new powerful growth?
Nothing much happened as of now. I don't know how the market is totally crazy with FUDs and been dropping when there are bad news that are coming out. But with these good news, I can't say anything anymore, the reflection for this good news hasn't been seen.
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renes
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April 10, 2018, 11:35:48 AM |
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It is not clear if they have just started to invest in coins or research about it now. I think it is right time for investing, as it was not a bubble, crash is almost end.
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Beerwizzard
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April 10, 2018, 11:36:32 PM |
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There is more detailed article about them: https://cointelegraph.com/news/rockefellers-vc-arm-venrock-partners-with-coinfund-exec-highlights-focus-on-long-termThere you can find that they are not looking at the current price and even at the price of near future. Their position was stated in those words: “We’re really patient long term investors [...] we’re wondering what happens over the next five to ten years. Can we have fundamental change to a number of different markets because of a disturbed ledger, a token economy that all participants can take part in?”
The good point on that news is that this partnership has connections with several coins and unlike many endless "blockchain researches" this one may really make some influence on crypto prices in future.
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TravelMug
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April 10, 2018, 11:42:54 PM |
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When institution investors like CBoE and CME enter the market, everyone was jumping for joy and saying that bitcoin will really go to the moon which it did during December. But now I see analyst that them entering the picture is not a good thing as evident of the current price.
So I would say that let's see if this is really a positive news to the ecosystem. I'm not saying that its not, but we should wait what's going to be the impact specially today that we are struggling.
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BountyX
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April 11, 2018, 12:49:11 AM |
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Also the Rothschilds are said to have started to invest in cryptocurrencies. I guess they are buying right now when the prices are tanking. Of course it probably means some powerful growth in future.
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