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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