|
|
|
Armis
|
 |
June 05, 2014, 10:40:48 AM |
|
any hedge fund manager that places their clients fund into cryptocurrency markets are looking to get fired. However, the reference article really talks more about customers being able to use btc at retail stores. Now if the question is should hedge funds see BTC payment options at stores in their portfolio as risky or smart, the answer is it depends on what the retailers do with the BTC. If they are immediately convert it coin, that would be smart. If they are holding the BTC for speculation that would be stupid. But if they are holding it to pay employee who wish to be paid in BTC that is genius. At this time last year, they were predicting that BTC would be $50K by this time -- off by a factor of 10 and a month. |
|
|
|
|
|
blatchcorn
|
|
June 05, 2014, 10:51:49 AM |
|
any hedge fund manager that places their clients fund into cryptocurrency markets are looking to get fired. However, the reference article really talks more about customers being able to use btc at retail stores. Now if the question is should hedge funds see BTC payment options at stores in their portfolio as risky or smart, the answer is it depends on what the retailers do with the BTC. If they are immediately convert it coin, that would be smart. If they are holding the BTC for speculation that would be stupid. But if they are holding it to pay employee who wish to be paid in BTC that is genius. At this time last year, they were predicting that BTC would be $50K by this time -- off by a factor of 10 and a month. Haha that made me laugh. I bet some of them would still do it - probably the ones that are not performing well and need to get lucky on bitcoin to avoid getting fired anyway. I think hedge fund managers would like bitcoin for ultra high value clients that have already diversified their portfolio as much as possible. Bitcoin provides another avenue to diversify into |
|
|
|
|
|
Armis
|
|
June 05, 2014, 11:02:27 AM |
|
any hedge fund manager that places their clients fund into cryptocurrency markets are looking to get fired. However, the reference article really talks more about customers being able to use btc at retail stores. Now if the question is should hedge funds see BTC payment options at stores in their portfolio as risky or smart, the answer is it depends on what the retailers do with the BTC. If they are immediately convert it coin, that would be smart. If they are holding the BTC for speculation that would be stupid. But if they are holding it to pay employee who wish to be paid in BTC that is genius. At this time last year, they were predicting that BTC would be $50K by this time -- off by a factor of 10 and a month. Haha that made me laugh. I bet some of them would still do it - probably the ones that are not performing well and need to get lucky on bitcoin to avoid getting fired anyway. I think hedge fund managers would like bitcoin for ultra high value clients that have already diversified their portfolio as much as possible. Bitcoin provides another avenue to diversify into There was one wall street guy that invested in BTC not too long ago, just before Gox made it's exit, that was around the time when BTC was $700, now he was some young upstart "bringing btc to wall street" I think he brought about $10M to the btc table. Bet he's in rehab and wall street still hasn't stopped laughing at him yet. The wiz kids of crypto will clean wall street out just for the fun of it. Wall Street is not likely to deal with decentralized anything, if they can't control it, and can't control those who control it they want nothing to do with it. |
|
|
|
|
|
blatchcorn
|
|
June 05, 2014, 11:05:47 AM |
|
any hedge fund manager that places their clients fund into cryptocurrency markets are looking to get fired. However, the reference article really talks more about customers being able to use btc at retail stores. Now if the question is should hedge funds see BTC payment options at stores in their portfolio as risky or smart, the answer is it depends on what the retailers do with the BTC. If they are immediately convert it coin, that would be smart. If they are holding the BTC for speculation that would be stupid. But if they are holding it to pay employee who wish to be paid in BTC that is genius. At this time last year, they were predicting that BTC would be $50K by this time -- off by a factor of 10 and a month. Haha that made me laugh. I bet some of them would still do it - probably the ones that are not performing well and need to get lucky on bitcoin to avoid getting fired anyway. I think hedge fund managers would like bitcoin for ultra high value clients that have already diversified their portfolio as much as possible. Bitcoin provides another avenue to diversify into There was one wall street guy that invested in BTC not too long ago, just before Gox made it's exit, that was around the time when BTC was $700, now he was some young upstart "bringing btc to wall street" I think he brought about $10M to the btc table. Bet he's in rehab and wall street still hasn't stopped laughing at him yet. The wiz kids of crypto will clean wall street out just for the fun of it. Wall Street is not likely to deal with decentralized anything, if they can't control it, and can't control those who control it they want nothing to do with it. Does it need to be centralized to be controlled though? Whales are controlling bitcoin markets right now, for instance. |
|
|
|
|
|
Marlo Stanfield
|
|
June 05, 2014, 11:38:03 AM |
|
Do you think hedge fund companies love Bitcoin?
How will Bitcoin benefit their investors?http://www.c[Suspicious link removed]m/id/101711220 any hedge fund manager that places their clients fund into cryptocurrency markets are looking to get fired. However, the reference article really talks more about customers being able to use btc at retail stores. Now if the question is should hedge funds see BTC payment options at stores in their portfolio as risky or smart, the answer is it depends on what the retailers do with the BTC. If they are immediately convert it coin, that would be smart. If they are holding the BTC for speculation that would be stupid. But if they are holding it to pay employee who wish to be paid in BTC that is genius. At this time last year, they were predicting that BTC would be $50K by this time -- off by a factor of 10 and a month. Does that mean btc is going to 5k in a month?  |
|
|
|
|
|
Armis
|
|
June 05, 2014, 11:39:49 AM |
|
any hedge fund manager that places their clients fund into cryptocurrency markets are looking to get fired. However, the reference article really talks more about customers being able to use btc at retail stores. Now if the question is should hedge funds see BTC payment options at stores in their portfolio as risky or smart, the answer is it depends on what the retailers do with the BTC. If they are immediately convert it coin, that would be smart. If they are holding the BTC for speculation that would be stupid. But if they are holding it to pay employee who wish to be paid in BTC that is genius. At this time last year, they were predicting that BTC would be $50K by this time -- off by a factor of 10 and a month. Haha that made me laugh. I bet some of them would still do it - probably the ones that are not performing well and need to get lucky on bitcoin to avoid getting fired anyway. I think hedge fund managers would like bitcoin for ultra high value clients that have already diversified their portfolio as much as possible. Bitcoin provides another avenue to diversify into There was one wall street guy that invested in BTC not too long ago, just before Gox made it's exit, that was around the time when BTC was $700, now he was some young upstart "bringing btc to wall street" I think he brought about $10M to the btc table. Bet he's in rehab and wall street still hasn't stopped laughing at him yet. The wiz kids of crypto will clean wall street out just for the fun of it. Wall Street is not likely to deal with decentralized anything, if they can't control it, and can't control those who control it they want nothing to do with it. Does it need to be centralized to be controlled though? Whales are controlling bitcoin markets right now, for instance. Sadly many of those Whales are bleeding the Alt community dry right now. This is the sort of crap that leads to the wiz kids seeking revenge. Wall street tolerates whales on wall street because they can identify them and control each and every one of them via SEC. There is no such control mechanism in Crypto. |
|
|
|
|
|
Armis
|
|
June 05, 2014, 11:42:48 AM |
|
Do you think hedge fund companies love Bitcoin?
How will Bitcoin benefit their investors?http://www.c[Suspicious link removed]m/id/101711220 any hedge fund manager that places their clients fund into cryptocurrency markets are looking to get fired. However, the reference article really talks more about customers being able to use btc at retail stores. Now if the question is should hedge funds see BTC payment options at stores in their portfolio as risky or smart, the answer is it depends on what the retailers do with the BTC. If they are immediately convert it coin, that would be smart. If they are holding the BTC for speculation that would be stupid. But if they are holding it to pay employee who wish to be paid in BTC that is genius. At this time last year, they were predicting that BTC would be $50K by this time -- off by a factor of 10 and a month. Does that mean btc is going to 5k in a month? no, it means my math sucks  it should have read '100 and a month', meaning $500 a month ago. thanks for that |
|
|
|
|
ShakyhandsBTCer
Sr. Member
 Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
|
|
June 14, 2014, 04:16:19 AM |
|
any hedge fund manager that places their clients fund into cryptocurrency markets are looking to get fired. However, the reference article really talks more about customers being able to use btc at retail stores. Now if the question is should hedge funds see BTC payment options at stores in their portfolio as risky or smart, the answer is it depends on what the retailers do with the BTC. If they are immediately convert it coin, that would be smart. If they are holding the BTC for speculation that would be stupid. But if they are holding it to pay employee who wish to be paid in BTC that is genius. At this time last year, they were predicting that BTC would be $50K by this time -- off by a factor of 10 and a month. Haha that made me laugh. I bet some of them would still do it - probably the ones that are not performing well and need to get lucky on bitcoin to avoid getting fired anyway. I think hedge fund managers would like bitcoin for ultra high value clients that have already diversified their portfolio as much as possible. Bitcoin provides another avenue to diversify into There was one wall street guy that invested in BTC not too long ago, just before Gox made it's exit, that was around the time when BTC was $700, now he was some young upstart "bringing btc to wall street" I think he brought about $10M to the btc table. Bet he's in rehab and wall street still hasn't stopped laughing at him yet. The wiz kids of crypto will clean wall street out just for the fun of it. Wall Street is not likely to deal with decentralized anything, if they can't control it, and can't control those who control it they want nothing to do with it. There are many people that bought BTC at many prices. The sole fact that people are investing in BTC will give it credibility. |
|
|
|
|
|
Armis
|
|
June 14, 2014, 08:41:58 AM |
|
There are many people that bought BTC at many prices.
The sole fact that people are investing in BTC will give it credibility.
that is a most dangerous mentality to have, "credibility" should come by proven performance not by way of following another -- please leave that to fashion. . |
|
|
|
|
|
TrailingComet
|
|
June 14, 2014, 09:43:29 AM |
|
HF guys love anything that they can trade up and down and make money off
They are however not early adopters, still a bit too early for most of them
|
|
|
|
Gianluca95
Legendary
Offline
Activity: 1582
Merit: 1196
Reputation first.
|
|
June 14, 2014, 10:17:04 AM |
|
If there are interest from the companies, i think yes, because price of Bitcoin is understimates and it is too much speculative. There is still time to enter in this market  |
|
|
|
ShakyhandsBTCer
Sr. Member
Offline
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
|
|
June 14, 2014, 04:56:16 PM |
|
There are many people that bought BTC at many prices.
The sole fact that people are investing in BTC will give it credibility.
that is a most dangerous mentality to have, "credibility" should come by proven performance not by way of following another -- please leave that to fashion. . Most people that will (hopefully) use bitcoin in the future will not have a technical understanding as to how it works nor how secure it is. They would have no real way to be able to measure bitcoin's performance |
|
|
|
|
|
