baggage (OP)
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May 18, 2014, 12:27:23 AM |
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I keep hearing about these big investors that are coming. Who are they and what is taking them so long to jump in?
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TERA
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May 18, 2014, 12:33:02 AM |
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I heard santaclaus, the easter bunny, and the tooth fairy were coming too.
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gentlemand
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Welt Am Draht
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May 18, 2014, 12:35:28 AM |
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If they're playing with customer or corporate money then most will be duty bound to wait for a way to buy and sell that's regulated and secure. I don't think we'll be hearing a peep from significant numbers of that type until that's firmly in place.
Even then it would still only be the fringe elements. It's far too tiny a market to interest them at this stage.
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Unluckyduck
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May 18, 2014, 12:49:58 AM |
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If the rumours are true about big money buying btc as a contingency plan then they are almost certainly doing it privately on bulk buy exchanges and such.
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Bit_Happy
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A Great Time to Start Something!
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May 18, 2014, 12:54:25 AM |
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I keep hearing about these big investors that are coming. Who are they and what is taking them so long to jump in?
Maybe we have too much baggage, baggage. The good news is: Bitcoin is booming in many areas and it's only a matter of time before the urge to buy becomes unbearable. Who are these "big investors"?Several famous investors have already spoken out about and invested in BTC (i.e the 'Winkle' twins), more are on the way.
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bigdave
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May 18, 2014, 12:56:59 AM |
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I keep hearing about these big investors that are coming. Who are they and what is taking them so long to jump in?
Maybe we have too much baggage, baggage. The good news is: Bitcoin is booming in many areas and it's only a matter of time before the urge to buy becomes unbearable. Who are these "big investors"?Several famous investors have already spoken out about and invested in BTC (i.e the 'Winkle' twins), more are on the way. I don't think I've been living under a rock for the last 10 years but I never heard of the Winkle twins until recently. I wouldn't say they are famous.
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gentlemand
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Welt Am Draht
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May 18, 2014, 01:00:46 AM |
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They may not be famous investors as such. The Social Network certainly made them legitimately visible though.
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r34tr783tr78
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May 18, 2014, 02:56:59 AM |
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Those twins already have a huge bag, their money isn't new, unless they are buying more. The question is if their bitcoin ETF is approved and starts to be traded in order for more money to come in. But that approval has being delayed for months.
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Bit_Happy
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May 18, 2014, 03:04:59 AM |
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...what are they waiting for? "Smart money" looks to follow the trend and only go against the crowd at the right time. Currently the short and medium-term trends are both uncertain/sideways, so they are waiting for clear signals.
Also, previously mentioned, some whales are waiting for Bitcoin (and the gov't response) to mature and become more secure.
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TERA
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May 18, 2014, 03:09:31 AM |
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Most of the claims of "big investors have expressed strong interest" are actually mistransaltions of "barry silbert or winklevoss solicited a meeting with some investor and they obliged out of respect or curiosity to know information about what it is they are doing or what bitcoin is'.
Also, the serious investors are not interested in buying bitcoins to speculate on the unit value. What they want to do is launch businesses to take advantage of some capability that is missing in the market and create a guaranteed cash flow even if the unit value drops. It is a big wide industry of businesses waiting to be developed and it would be appealing to be in the position of a first-mover.
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Bit_Happy
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May 18, 2014, 03:19:03 AM |
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There are over 7.1 Billion people in the World, and less than 21 million BTC. Look Out! Here come the small investors. If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels.
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Walsoraj
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May 18, 2014, 03:21:30 AM |
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There are over 7.1 Billion people in the World, and less than 21 million BTC. Look Out! Here come the small investors. If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels. But unlimited altcoin.
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TERA
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May 18, 2014, 03:23:31 AM |
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At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next?
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chessnut
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May 18, 2014, 03:40:31 AM |
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There are over 7.1 Billion people in the World, and less than 21 million BTC. Look Out! Here come the small investors. If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels. But unlimited altcoin. thats why altcoin are worthless.
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Bit_Happy
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May 18, 2014, 03:41:06 AM |
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...unlimited altcoin? There are a huge number of new domain extensions (.taxi for example) and most of them are a horrible investment, while short, rare, high-quality .com's still sell for high prices.
There is a HUGE amount of freshly minted alt coins (smurfcoin for example) and most of them are a horrible investment... BTC is King and there is a severe shortage.
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lumierre
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May 18, 2014, 03:43:29 AM |
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There are over 7.1 Billion people in the World, and less than 21 million BTC. Look Out! Here come the small investors. If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels. But unlimited altcoin. thats why altcoin are worthless. Nope.
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CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
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chessnut
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May 18, 2014, 03:48:05 AM |
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There are over 7.1 Billion people in the World, and less than 21 million BTC. Look Out! Here come the small investors. If big money waits too long they will pay huge prices in a panic and the rally will go to even more insane levels. But unlimited altcoin. thats why altcoin are worthless. Nope. sorry, I was wrong. the market cap of infinite altcoins is worth all of your 2c
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RandomPedestrianN9
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May 18, 2014, 08:35:29 AM |
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Yes, BIG INVESTORS ARE COMING. Buzzwords are cool arent they. Do you think people who have made millions and billions will hold your bag and increase the price so you can unload your coins? Nope.
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Wandererfromthenorth
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May 18, 2014, 11:12:46 AM |
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There are no big investors coming. not at all. What sane investor would buy bitcoin?
The long term chart for bitcoin looks terrible, it has CLEARLY been declining since it was created in 2009. There never were any bubbles that surpassed the previous ATHs. These past days/weeks it has NOT been stable. The market cap is WAY too high. no room for growth. No merchants and businesses are accepting bitcoin or are taking it into consideration whatsoever. Bitcoin is not an innovation in technology.
In fact, the simple fact that there are rich people in the world who could buy bitcoin is a myth.
Nothing to see here. Now if you will excuse me, I gotta go at the casino and get rich playing slot machines.
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piramida
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Borsche
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May 18, 2014, 11:55:42 AM |
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Yes, BIG INVESTORS ARE COMING. Buzzwords are cool arent they. Do you think people who have made millions and billions will hold your bag and increase the price so you can unload your coins? Nope.
No of course not, they will first try to buy your coins now, and once the world runs out of dummies selling at $400, they will have no choice but to raise prices to find them more dummies.
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i am satoshi
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inca
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May 18, 2014, 12:32:36 PM |
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There are no big investors coming. not at all. What sane investor would buy bitcoin?
The long term chart for bitcoin looks terrible, it has CLEARLY been declining since it was created in 2009. There never were any bubbles that surpassed the previous ATHs. These past days/weeks it has NOT been stable. The market cap is WAY too high. no room for growth. No merchants and businesses are accepting bitcoin or are taking it into consideration whatsoever. Bitcoin is not an innovation in technology.
In fact, the simple fact that there are rich people in the world who could buy bitcoin is a myth.
Nothing to see here. Now if you will excuse me, I gotta go at the casino and get rich playing slot machines.
Bravo
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BittBurger
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May 18, 2014, 04:19:32 PM |
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I try to remind myself that 3,600 bitcoins are being bought *every day* by somebody.
That means $1,600,000 in Bitcoin is being bought by *somebody* daily.
That's a lot of buyers and a lot of money going in.
When demand outstrips supply, then price rises. Until then, a stable price still means a lot of buyers.
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master-P
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May 18, 2014, 04:37:11 PM |
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I try to remind myself that 3,600 bitcoins are being bought *every day* by somebody.
That means $1,600,000 in Bitcoin is being bought by *somebody* daily.
That's a lot of buyers and a lot of money going in.
When demand outstrips supply, then price rises. Until then, a stable price still means a lot of buyers.
There's no proof that most of those coins are being sold. I doubt there's $1.6 million of fresh fiat coming into BTC everyday. I haven't put any fresh fiat into BTC since we were at $85 and I'm sure many others who bought below $100 aren't either.
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bigdave
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May 18, 2014, 04:49:10 PM |
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I hate to break it to you but there are still 4 billion IP addresses. The internet backbone has not moved to IPv6.....yet.
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sgbett
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May 18, 2014, 05:20:06 PM |
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That diagram is terrible... read the text below it... I wanted to make a cool graphic to show the relative sizes of the IPv4 and IPv6 address spaces. You know, where I’d show the IPv6 address space as a big box and the IPv4 address space as a tiny one. The problem is that the IPv6 address space is so much larger than the IPv4 space that there is no way to show it to scale! To make this diagram to scale, imagine the IPv4 address space is the 1.6-inch square above. In that case, the IPv6 address space would be represented by a square the size of the solar system.
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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Bit_Happy
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May 18, 2014, 07:12:28 PM |
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That diagram is terrible... read the text below it... I wanted to make a cool graphic to show the relative sizes of the IPv4 and IPv6 address spaces. You know, where I’d show the IPv6 address space as a big box and the IPv4 address space as a tiny one. The problem is that the IPv6 address space is so much larger than the IPv4 space that there is no way to show it to scale! To make this diagram to scale, imagine the IPv4 address space is the 1.6-inch square above. In that case, the IPv6 address space would be represented by a square the size of the solar system. Obviously, we will have a severe BTC shortage long before we run out of IP's again. Have the Bears in this thread been completely ineffective? The "big investors" might not come this week, but do we need them at all? If you are afraid of BTC going down again, Answer this: How far can BTC possibly fall compared to the amount of upside?
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Nagle
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May 18, 2014, 07:16:27 PM |
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Those twins already have a huge bag, their money isn't new, unless they are buying more. The question is if their bitcoin ETF is approved and starts to be traded in order for more money to come in. But that approval has being delayed for months.
Right. Their Bitcoin EFT is a way for them to get out of Bitcoin. If they sold on any of the existing exchanges, they'd either crash the price or be ripped off.
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Alley
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May 18, 2014, 07:26:05 PM |
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Seems like people are investing in the infastructure not buying actual coins. Its up to the masses to start buying and useing.
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Bit_Happy
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May 18, 2014, 07:39:17 PM |
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Some people think BTC is like the Titanic, heading into (or currently suffering from) it's virgin disaster. Others know (or suspect) Bitcoin is a genuine once-in-a-lifetime adventure that will succeed on a massive scale. The only certainty is that the journey will be exciting.
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r34tr783tr78
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May 18, 2014, 08:15:12 PM |
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To be fair, being smart is far to be the only necessary capacity to earn big money. It's necessary social skills, personal contacts, initiative, capacity to take risks, etc. They seem to have some of these (moving to bitcoin was a risky, but wise investment, so far...), but basically they just took to court the right person (the facebook guy).
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meanig
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May 18, 2014, 08:34:03 PM |
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Right. Their Bitcoin EFT is a way for them to get out of Bitcoin. If they sold on any of the existing exchanges, they'd either crash the price or be ripped off.
You are smarter than "twins". How it is possible that you do not have the same(even a lot of more) amount of money/bitcoins. Because Nagle is still waiting for the price of a bitcoin to hit negative numbers. Waiting since 2011.
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meanig
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May 18, 2014, 08:56:09 PM |
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He really must be a genius, I have never was able even imagine negative bitcoin price.
Nagle was infamous during the 2011 bear market for his ridiculously gloomy predictions. He was certain the Bitcoin price was heading to zero and then onwards to the depths of hell.
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jcoin200
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May 18, 2014, 11:11:25 PM |
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Seems like people are investing in the infastructure not buying actual coins. Its up to the masses to start buying and useing.
Exactly. When you see places like Coinbase get a $25 million dollar investment it is good news for everyone buying btc. These people are putting big money into a company, helping to ensure value will remain there for btc. Big money is definitely coming into the infrastructure, then once that is rock solid, then more "regular Joe" investors will probably jump in.
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RandomPedestrianN9
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May 18, 2014, 11:15:30 PM |
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Seems like people are investing in the infastructure not buying actual coins. Its up to the masses to start buying and useing.
Exactly. When you see places like Coinbase get a $25 million dollar investment it is good news for everyone buying btc. These people are putting big money into a company, helping to ensure value will remain there for btc. Big money is definitely coming into the infrastructure, then once that is rock solid, then more "regular Joe" investors will probably jump in. Messaging app gets bought for several billions, supposedly revolutionary, once in a lifetime company dealing with Bitcoin gets 25m...if BTC was as good as you claim it is, Mark would have bought BTC companies long time ago and implemented it into FB, but he didnt.
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bananaControl
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Decentralize All The Things!
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May 18, 2014, 11:43:58 PM |
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Seems like people are investing in the infastructure not buying actual coins. Its up to the masses to start buying and useing.
Exactly. When you see places like Coinbase get a $25 million dollar investment it is good news for everyone buying btc. These people are putting big money into a company, helping to ensure value will remain there for btc. Big money is definitely coming into the infrastructure, then once that is rock solid, then more "regular Joe" investors will probably jump in. Messaging app gets bought for several billions, supposedly revolutionary, once in a lifetime company dealing with Bitcoin gets 25m...if BTC was as good as you claim it is, Mark would have bought BTC companies long time ago and implemented it into FB, but he didnt. He bought the millions of users, NOT the technology. It's a messaging app for Christ's sake.
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Benjig
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May 18, 2014, 11:52:15 PM |
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the normal people is the "big investor" those common folks who haven't heard or invested in bitcoin.. when these people decides to buy bitcoin probably will just gonna buy 100 usd.. but multiplied for 100 millions.. is 10,000,000
but if it gets accepted in many commerces, corporations will have to buy and will rise that amount several times.
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Crindon
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May 19, 2014, 05:12:05 AM |
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Give it time. It won't be long as we are reaching the breaking point. When there is a bit more limelight on BTC, we will know that we've made it and the institutional investors will start jumping in. It could be as soon as August 2014.
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TERA
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May 19, 2014, 07:34:21 AM |
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Give it time. It won't be long as we are reaching the breaking point. When there is a bit more limelight on BTC, we will know that we've made it and the institutional investors will start jumping in. It could be as soon as August 2014.
Another post written with catchy exciting phrases. Are you guys getting pumped yet? Also, it's written by someone wearing a suit and a tie, so you should pay attention.
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RandomPedestrianN9
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May 19, 2014, 07:37:49 AM |
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Give it time. It won't be long as we are reaching the breaking point. When there is a bit more limelight on BTC, we will know that we've made it and the institutional investors will start jumping in. It could be as soon as August 2014.
Another post written with catchy exciting phrases. Are you guys getting pumped yet? Also, it's written by someone wearing a suit and a tie, so you should pay attention. This is hilarious. You know its time to abandon ship when the buzzwording starts.
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Benjig
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May 19, 2014, 08:09:43 AM |
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Just wait.. the big investors are taking a break
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calmindifference
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May 19, 2014, 08:27:51 AM |
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Why does a big investor want to risk money in an investment where 10% is owned by a complete unknown and 7% is in the clammy hands of a fat french otaku
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RandomPedestrianN9
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May 19, 2014, 08:31:02 AM |
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Why does a big investor want to risk money in an investment where 10% is owned by a complete unknown and 7% is in the clammy hands of a fat french otaku
Troll and FUD spreader! The big investors ARE coming because we want it.
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bananaControl
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May 19, 2014, 08:43:38 AM Last edit: May 19, 2014, 08:55:26 AM by bananaControl |
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In all seriousness, why hasn't RandomPedestrianN9 been banned yet? He isn't interested in a discussion, he's only here to troll.
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piramida
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Borsche
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May 19, 2014, 08:57:03 AM |
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In all seriousness, why hasn't RandomPedestrianN9 been banned yet? He isn't interested in a discussion, he's only here to troll.
because we should not ban people for their opinion, no matter how unsubstantiated. there's Ignore button for that.
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i am satoshi
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bananaControl
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May 19, 2014, 09:02:06 AM |
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In all seriousness, why hasn't RandomPedestrianN9 been banned yet? He isn't interested in a discussion, he's only here to troll.
because we should not ban people for their opinions, no matter how unsubstantiated. there's Ignore button for that. I totally agree on not banning people for their opinions, bitcoin should be carefully scrutinized in every possible way. Valid criticism will only make it stronger. But this person is not adding anything constructive at all. He doesn't even reply when his "logic" is commented upon... And now we see him running around the forum yelling like a little child and calling everyone names. Jesus fucking Christ. Well, at least he doesn't hide what he really is.
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sickpig
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May 19, 2014, 09:57:33 AM |
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At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next?
ipv6
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Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
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RandomPedestrianN9
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May 19, 2014, 10:00:18 AM |
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At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next?
ipv6 TERA: What happen ? Mechanic: Somebody set up us the bomb. Operator: We get signal. TERA: What ! Operator: Main screen turn on. TERA: It’s you !! CATS: How are you gentlemen !! CATS: All your base are belong to us. CATS: You are on the way to destruction. TERA: What you say !! CATS: You have no chance to survive make your time. CATS: Ha ha ha ha … Operator: Captain !! TERA: Take off every ‘ZIG’!! TERA: You know what you doing. TERA: Move ‘ZIG’. TERA: For great justice.
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Erdogan
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May 19, 2014, 01:25:01 PM |
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No big investor has entered this year for 100kBTC or even 10 kBTC. It would have moved the price.
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kehtolo
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May 19, 2014, 01:38:33 PM |
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In all seriousness, why hasn't RandomPedestrianN9 been banned yet? He isn't interested in a discussion, he's only here to troll.
because we should not ban people for their opinions, no matter how unsubstantiated. there's Ignore button for that. I totally agree on not banning people for their opinions, bitcoin should be carefully scrutinized in every possible way. Valid criticism will only make it stronger. But this person is not adding anything constructive at all. He doesn't even reply when his "logic" is commented upon... And now we see him running around the forum yelling like a little child and calling everyone names. Jesus fucking Christ. Well, at least he doesn't hide what he really is. +1 So why isn't he banned yet?
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The next 24 hours are critical!
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igorr
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May 19, 2014, 05:00:08 PM |
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I keep hearing about these big investors that are coming. Who are they and what is taking them so long to jump in?
LOL, just wait
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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BitchicksHusband
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May 19, 2014, 05:06:03 PM |
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At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next?
We ran out of IP addresses and despite everyone chastising everyone to switch to IPv6, the network effects were too strong and even still almost nobody has.
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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bigdave
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May 19, 2014, 05:10:17 PM |
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He invested in Bitpay... he didn't buy bitcoins. So he invested in infrastructure. Thats where the investors are headed.
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igorr
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May 19, 2014, 05:11:13 PM |
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At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next?
We ran out of IP addresses and despite everyone chastising everyone to switch to IPv6, the network effects were too strong and even still almost nobody has. Every days we have mined 4500 new bitcoins ! How much of the new money coming in every day to exchange ? ( $5 -10k usd or less )
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Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe, Бpaтcкиx нapoдoв coюз вeкoвoй, Пpeдкaми дaннaя мyдpocть нapoднaя! Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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tuneman1980
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May 19, 2014, 05:20:07 PM |
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At one point there were 7 billion people in the world and only 4 billion IP addresses. What happened next?
We ran out of IP addresses and despite everyone chastising everyone to switch to IPv6, the network effects were too strong and even still almost nobody has. Every days we have mined 4500 new bitcoins ! How much of the new money coming in every day to exchange ? ( $5 -10k usd or less ) No, currently 3,600 new BTC are created a day. http://cryptocoinstats.com/
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http://cryptocoinstats.com/BTC: 19YQqtEdtuWhT6nk6ArBgMTiKMEjoJ5eww LTC: Li1RLpZm8Rx7txSnQdvZvtLMsd4XDN2vMJ FTC: 6qAU4vtyf9LPW4yV4m4Vx1jm4ZkXJHTFP7
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BitchicksHusband
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May 19, 2014, 05:49:13 PM |
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The big investors need an SEC approved fund such as the Winklevoss fund to buy as part of their mutual funds. Once that happens, retirement money CAN come in. Until then, retirement money CANNOT come in.
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1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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p0peji
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May 19, 2014, 05:51:23 PM |
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Bitcoin is just not an attractive investment atm. Too much uncertainty, price is still too high, investing in something China holds about 50% of the network in just does not seem like a good idea.
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BTCat
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May 19, 2014, 06:09:12 PM |
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Big money is gonna buy Cryptogenic Bullion (CGB) on Cryptsy, the solid coin for real investors http://cgb.holdings/
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Marbit
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May 19, 2014, 06:26:30 PM |
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to be fair, the exchange infrastructure is pretty damn scary to anyone with real money to lose. and it is hard to know what is happening off the exchanges.
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BTCat
Legendary
Offline
Activity: 1960
Merit: 1010
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May 19, 2014, 06:31:33 PM |
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to be fair, the exchange infrastructure is pretty damn scary to anyone with real money to lose. and it is hard to know what is happening off the exchanges.
CGB has been flawless from the start. Bitcoin/cryptocoins were designed so people can be their own bank and someone with real money needs to learn to hold their own coins too. Buy and withdraw it to your own wallets if you plan to hold. That being said I have never had a bad experience with Cryptsy, aside of a period they had to deal with growth issues (from 2,000 accounts to 200,000 accounts in the last months 2013). They always solve issues promptly and fair.
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Marbit
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May 19, 2014, 10:25:48 PM |
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to be fair, the exchange infrastructure is pretty damn scary to anyone with real money to lose. and it is hard to know what is happening off the exchanges.
CGB has been flawless from the start. Bitcoin/cryptocoins were designed so people can be their own bank and someone with real money needs to learn to hold their own coins too. Buy and withdraw it to your own wallets if you plan to hold. That being said I have never had a bad experience with Cryptsy, aside of a period they had to deal with growth issues (from 2,000 accounts to 200,000 accounts in the last months 2013). They always solve issues promptly and fair. What does that have to do with anything? How is this any different for some crap altcoin like CGB when my point is that trusting any of these exchanges (definitely Crypsty included) is a huge risk? And the idea that you send money to immediately buy at any price to remove to cold storage (out of fear) doesn't jive with the idea of accredited investors using real platforms to time their entry correctly. We shouldn't have to buy NOW simply because our $ are unfit to hold on exchange.
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