ConnerDalfino (OP)
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June 15, 2021, 06:57:15 AM |
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Paul Tudor Jones said bitcoin is a great way to protect his wealth over the long run and is part of his portfolio just like gold. "I like bitcoin as a portfolio diversifier. Over time it's a great diversifier," he said. "For me, it's just a way of kind of foundationally looking at how do I protect my wealth," he added. Investing at least 5% of your assets in #Bitcoin is recommended by Paul Tudor Jones, and institutions and talking heads are already going absolutely bananas... Do you have any thoughts on where this will lead to Bitcoin? Is it moon time?
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June 15, 2021, 07:37:53 AM |
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I don't think I'm going to be solely responsible for driving the price to the moon. I would say the one who has had the most influence lately is Saylor, but Tudor Jones and others also help with adoption, especially institutional.
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Obito
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June 15, 2021, 07:56:57 AM |
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That's a pretty big word but I don't that he isn't as big an influencer as Elon so I don't think that he is going to deliver us to the moon alone anytime soon. Maybe some increase might happen because of his influence but I am pretty sure that it's not going to be a lot as I have said.
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slaman29
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June 15, 2021, 10:59:31 AM |
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Investing at least 5% of your assets in #Bitcoin is recommended by Paul Tudor Jones, and institutions and talking heads are already going absolutely bananas... Do you have any thoughts on where this will lead to Bitcoin? Is it moon time?
I don't know about going absolutely bananas, I mean yeah we have Saylor and what not putting more and more into Bitcoin, even have one or two governments putting their fund portfolios into it, but I don't think another influencer is going to do anything. It would be maybe one of the Rothschilds opening a premier BTC fund for rich that would kick this into gear.
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cr1776
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June 15, 2021, 02:53:38 PM |
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Will Paul Tudor Jones Take Bitcoin to the Moon?
The question asked on the Bitcoin Forum today has left some readers shaking their heads, trying to make sense of what it could possibly be all about.
"What? No," answered a local Bitcoin expert. "The question in itself isn't valid as Bitcoin has already been to the moon several times and back."
Jones, a hedge fund manager with a net worth of $7 billion, made waves on Bitcoin Twitter today after admitting Bitcoin was an awesome hedge against fiat. The revelation even managed to cause a few cryptobro blue checks on Twitter to lose their fucking minds.
"Bitcoin good, fiat bad. HODL," replied Peter McCormack upon hearing the news, before succumbing to a retarded fit of masturbation.
As for the definition of "moon," that remained subjective, and a point of contention among many.
"We mooned at $10," commented a wayward spiritual traveler who had evidently been around for quite some time. "We mooned at $100. We mooned at $10k. We moon again soon."
I think people were thinking it was "the moon" when bitcoin hit dollar parity. Let alone the ones above! :-) PTJ's thoughts on it are obviously good for adoption. The more people who are respected in the hedge fund and Wall Street areas understanding the value that bitcoin brings, the better of course. One alone? Not enough - unless, perhaps, it is Gary Gensler and he approves an ETF.
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SFR10
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June 15, 2021, 03:40:35 PM |
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Investing at least 5% of your assets in #Bitcoin is recommended by Paul Tudor Jones,
For me, it felt more like a suggestion as opposed to a recommendation... - Regardless of the subtle differences between the two, I did enjoy seeing the interview and the fact that he'll be buying another 3 to 4% since he already has 1 to 2% of his assets in BTCitcoin.Do you have any thoughts on where this will lead to Bitcoin? Is it moon time?
You might want to define the latter part first; If you meant for it to go near or above $100k, then I highly doubt that he or anyone else could influence it to that extent.
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worle1bm
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June 15, 2021, 04:15:24 PM |
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Paul Tudor Jones said bitcoin is a great way to protect his wealth over the long run and is part of his portfolio just like gold. "I like bitcoin as a portfolio diversifier. Over time it's a great diversifier," he said. "For me, it's just a way of kind of foundationally looking at how do I protect my wealth," he added. Investing at least 5% of your assets in #Bitcoin is recommended by Paul Tudor Jones, and institutions and talking heads are already going absolutely bananas... Do you have any thoughts on where this will lead to Bitcoin? Is it moon time?So an American philanthropist,hedge fund manager and founder of Tudor investment Paul Jones is the only influential person that can skyrocket the btc prices alone? Who said you this is possible? He has just said that he is holding only 5% of his portfolio with bitcoins investment for long term returns just like other investors.His networth is around $5 billion and he can't solely have affect on the prices.Say Mark Cuban is also one of the shark in this market but has he managed to move the market.Even if Paul invest all his net worth into Bitcoin it will move the market a little not to the moon.So don't have any such hope.They just want profits and remember he is the most conservative trader out there who fears losing money and btc is volatile flowing in opposite direction.
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nhaila
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June 15, 2021, 04:19:06 PM |
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I don't think I'm going to be solely responsible for driving the price to the moon. I would say the one who has had the most influence lately is Saylor, but Tudor Jones and others also help with adoption, especially institutional.
Actually Bitcoin is a popular cryptocurrency which already boomed several days ago(perhaps 61k$) but only Elon musk and China government issue dumped the market very . But Paul todor can pretty much take influence in cryptocurrencies but not sure me .
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Fesatmas
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June 15, 2021, 04:32:31 PM |
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depends on how he can actually make a big and widespread impact, but it's not enough just to get Paul Todar up and running. at least he's not messing with Bitcoin, like the Tesla owner did. So for now, if you have to agree to a Bullrun's arrival, it may be true, but it's not quite as soaring as the ATH bubble earlier this year. we're not sure if it's going to have a significant impact in the end.
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Maestro75
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June 15, 2021, 04:48:02 PM |
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Investing at least 5% of your assets in #Bitcoin is recommended by Paul Tudor Jones, and institutions and talking heads are already going absolutely bananas... Do you have any thoughts on where this will lead to Bitcoin? Is it moon time?
Just imagine what happens if a famous whale or some rich guy like Elon Musk puts 5% of their asset in Bitcoin, it will be such a great thing. Bitcoin price will move based on that but what worries me will be the after effect of such action. Token prices are always at a risk when a few individuals hold a large chunk of that token because of easy dumps. I like a situation where individuals hodl small quantities. In terms of sell off, the dump will not cause much damage to the market price. Therefore, I'm against Tudor Jones' advice.
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wxa7115
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June 15, 2021, 06:33:04 PM |
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Paul Tudor Jones said bitcoin is a great way to protect his wealth over the long run and is part of his portfolio just like gold. "I like bitcoin as a portfolio diversifier. Over time it's a great diversifier," he said. "For me, it's just a way of kind of foundationally looking at how do I protect my wealth," he added. Investing at least 5% of your assets in #Bitcoin is recommended by Paul Tudor Jones, and institutions and talking heads are already going absolutely bananas... Do you have any thoughts on where this will lead to Bitcoin? Is it moon time?We need to stop trying to rely on a single figure to try to take bitcoin to the next level or whatever terminology people want to use, bitcoin is decentralized which means that this is the opposite of what we truly want, even satoshi was not above criticism on the early days as he was too powerful not only as a holder, miner, creator and developer of bitcoin. He recognized this and left so I do not care how powerful is this person we need to avoid relying on a single person in order for the price of bitcoin to grow, and we just have to take a look at what happened with Elon Musk to see a clear example of why this is a bad idea.
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qwk
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June 15, 2021, 06:37:44 PM |
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As for the definition of "moon," that remained subjective, and a point of contention among many.
Authoritative answer: The moon has about 9,300,000,000 acres. 1 acre is $19.99. So, moon is in fact almost $200.000.000.000. q.e.d. edit: obviously, there's been "lunar inflation" over the past 6 years, so 1 acre is now at $24.99Which brings "moon" to almost $250.000.000.000.
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Yeah, well, I'm gonna go build my own blockchain. With blackjack and hookers! In fact forget the blockchain.
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Rruchi man
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June 15, 2021, 09:35:23 PM |
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In my opinion, it will take a collective influence from many influencers and not just one person alone to set a new and very high ATH (what i believe you mean by "the moon") for bitcoin.
There's no telling the motive behind the statements of these men, after Elon, i have come to believe most of these statements are tailored for their benefits and one should not believe that their opinions cannot change at any point, because someone's opinions about something in this case bitcoin, can change at any moment.
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nutildah
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June 16, 2021, 01:16:44 AM |
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PTJ's thoughts on it are obviously good for adoption. The more people who are respected in the hedge fund and Wall Street areas understanding the value that bitcoin brings, the better of course. One alone? Not enough - unless, perhaps, it is Gary Gensler and he approves an ETF.
I don't care about rich people getting richer on Bitcoin, or their thoughts on it for that matter. Bitcoin is already a resounding success. So much so that there is a significant premium on transactions. Authoritative answer: The moon has about 9,300,000,000 acres. 1 acre is $19.99. So, moon is in fact almost $200.000.000.000. q.e.d. edit: obviously, there's been "lunar inflation" over the past 6 years, so 1 acre is now at $24.99Which brings "moon" to almost $250.000.000.000. Well done. Pretty smart of this guy to claim the moon before anyone else could come up with the idea. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Flunarembassy.com%2Fwp-content%2Fuploads%2F2018%2F09%2FPresident-Hope-md.jpg&t=665&c=E9YRtNzgRc9H0w) What will he do to protect my moonstead from space pirates, though?
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