2013-04-05 Bloomberg TV - Bitcoin Boom: Is this the new safe haven?

StarfishPrime

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Quote from: StarfishPrime on April 06, 2013, 12:10:27 PM

That may have just sealed the deal for a lot of investors waiting on the sidelines.

Mon./Tues. should be interesting.

Edit: Sunday morning, btc now at 157 (from 143). This is a market mover, IMHO.

If/when Pimco's Mohamed El-Erian uses the word "bitcoin" the game will change completely.

mai77

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huh?

minimalB

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Wow, this guy nailed it! So cool!

mai77

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I don't see how Hymie-TV is really noteworthy Huh

he even predictably shuns the issue of boycott by GayPal, which unveils him being a presstitute

cypherdoc

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i admit it. i be a "freak"! Kiss

Technomage

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Affordable Physical Bitcoins - Denarium.com

Very good interview. One of the best ever.

StarfishPrime

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That may have just sealed the deal for a lot of investors waiting on the sidelines.

Mon./Tues. should be interesting.

jinni

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Wow!

Holy shit!

That was incredible.

This guy can talk.

BTC Books

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Quote from: xcsler on April 06, 2013, 07:18:06 AM

Quote from: BTC Books on April 06, 2013, 04:30:35 AM

Colas and ConvergEx Group are already in the Wiki article on bitcoin. That was quick.

I note that ConvergEx Group's parent company - Mellon - is listed as controlling 1.4 Trillion in assets.

A high-risk buy signal to Mellon's portfolio holders in the amount of 1/100th of one percent of the existing portfolio would pump 140 million dollars into bitcoin. That's only about a $12/BTC rise in the exchange rate - but assumes that all extant bitcoin were in play. They aren't. If Mellon were going to take a flyer on bitcoin, would they even consider spending that little?

Yikes...

I assume they've already bought some though.

Yes, I'm almost sure you're right. Given Colas' knowledge and facility with the complexities of bitcoin, he's probably pitched it many times by now. Guys like that don't pitch shit if there's a chance they'll be turned down...

xcsler

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Quote from: BTC Books on April 06, 2013, 04:30:35 AM

Colas and ConvergEx Group are already in the Wiki article on bitcoin. That was quick.

I note that ConvergEx Group's parent company - Mellon - is listed as controlling 1.4 Trillion in assets.

A high-risk buy signal to Mellon's portfolio holders in the amount of 1/100th of one percent of the existing portfolio would pump 140 million dollars into bitcoin. That's only about a $12/BTC rise in the exchange rate - but assumes that all extant bitcoin were in play. They aren't. If Mellon were going to take a flyer on bitcoin, would they even consider spending that little?

Yikes...

I assume they've already bought some though.

BTC Books

member

Activity: 84

Merit: 10

Colas and ConvergEx Group are already in the Wiki article on bitcoin. That was quick.

I note that ConvergEx Group's parent company - Mellon - is listed as controlling 1.4 Trillion in assets.

A high-risk buy signal to Mellon's portfolio holders in the amount of 1/100th of one percent of the existing portfolio would pump 140 million dollars into bitcoin. That's only about a $12/BTC rise in the exchange rate - but assumes that all extant bitcoin were in play. They aren't. If Mellon were going to take a flyer on bitcoin, would they even consider spending that little?

Yikes...

mrb

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