To those that got in in 2011 I'm sure 10K coins is no big deal.
Yeah, it's a pizza.Two pizzas, actually.
Wow. What a deal!
Topic: $15,000,000 invested in BTC. These coins now are not for sale for many years - page 2. (Read 4533 times)
November 07, 2013, 05:12:51 PM
Two pizzas, actually.
Wow. What a deal!
November 07, 2013, 04:59:58 PM
To those that got in in 2011 I'm sure 10K coins is no big deal.
Yeah, it's a pizza.Two pizzas, actually.
November 07, 2013, 03:35:58 PM
34,700 under management as of Nov 5th. Started with 17,800
To those that got in in 2011 I'm sure 10K coins is no big deal. Yeah, it's a pizza.
November 07, 2013, 02:01:52 PM
Imagine what will happen when bitcoin ETF is approved
"Prepare for liftoff". Really wish i had the money to buy now...damn college...
If you're not already doing it, switch to ramen noodles, and put a few bucks into BTC each week!
$20 in BTC per week today could look much different in 3 months, much less 3 years...
November 07, 2013, 01:35:12 PM
Imagine what will happen when bitcoin ETF is approved
"Prepare for liftoff". Really wish i had the money to buy now...damn college...
November 07, 2013, 12:51:32 PM
Imagine what will happen when bitcoin ETF is approved
November 07, 2013, 12:30:10 PM
...To those that got in in 2011 I'm sure 10K coins is no big deal.
I think you mean 2009/early-2010.
November 07, 2013, 12:24:35 PM
It's facinating that a Wall street investment effort only has 34K coins so far, it shows how much harder it is at each stage to acquire a significant number of coins.
This single effort. More than one firm has been quietly buying in the background with private money for much longer, no headlines, no splashes just buying month after month off market from companies who could facilitate trades.
Quote
Imagine a new BIT being started in 2016, 10K coins by then might be out of reach even for wall street money. Coins will be too spread out and widely held.
I think you underestimate the amount of money on wallstreet. If they felt it was a good deal they could buy a lot more. Think hundreds of billions of dollars, trillions if assets were liquidated or margin was used. Bitcoin = money. Wallstreet = money. It is naive to think those with massive amounts of "the money of today" couldn't acquire a massive amount of "the money of tomorrow". Most probably won't but it will simply be that they can't see the potential because Bitcoin is so far out of the box it seems impossible to them. By the time it is obvious that Bitcoin isn't just possible it is everywhere the potential returns will be more normal . Bitcoin can't keep doubling forever, growth will eventually slow down.
November 07, 2013, 12:20:43 PM
34,700 under management as of Nov 5th. Started with 17,800
They need at least 55,000+ in order for the math to add up with their 15 million USD invested statement.I wonder if they are running behind on acquiring bitcoins or if the 34,700 BTC figure has become that out of date in only a few days.
November 07, 2013, 12:14:00 PM
34,700 under management as of Nov 5th. Started with 17,800
It's facinating that a Wall street investment effort only has 34K coins so far, it shows how much harder it is at each stage to acquire a significant number of coins. The more they buy, the higher the price goes which limits how much they can buy.
Imagine a new BIT being started in 2016, 10K coins by then might be out of reach even for wall street money. Coins will be too spread out and widely held.
What's also facinating is this amount of BTC is nothing to the original adoptors and strong hands. To those that got in in 2011 I'm sure 10K coins is no big deal.
November 07, 2013, 11:03:08 AM
I really feel for those who tried to short today.
November 07, 2013, 09:38:03 AM
34,700 under management as of Nov 5th. Started with 17,800
November 07, 2013, 09:33:16 AM
wow - great. I just bought more while holding my breath....
Likewise, some funds finally moved around and I pumped some more into bitcoin. November 07, 2013, 09:30:52 AM
They're basically pumping the price up, which, at the same time, guarantees more media attention and more New interest in Bitcoin.
Pretty genius, really.
Pretty genius, really.
November 07, 2013, 09:29:42 AM
wow - great. I just bought more while holding my breath....
November 07, 2013, 09:27:54 AM
https://bitcointalksearch.org/topic/2013-11-06-yahoo-finance-video-commentary-on-current-rally-15m-into-bit-326513
This is why I'm still buying @ ATH
This is why I'm still buying @ ATH
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