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Topic: [2014-04-10] Bitcoin May Be Poised for a Major Comeback (Read 1231 times)

member
Activity: 94
Merit: 10
may be....hehe
legendary
Activity: 3808
Merit: 1219
If 10 new hedge funds succeed that would be huge for BTC.
Bullish speculation is a nice change of pace compared to recent history.

The problem is that none of those hedge funds have anything to do with Bitcoin. The author is just speculating that some of the hedge fund owners might become interested in Bitcoin, and add it to their portfolio.
hero member
Activity: 924
Merit: 1000
Watch out for the "Neg-Rep-Dogie-Police".....
Like it ever went away........ Roll Eyes
hero member
Activity: 715
Merit: 500

Nowhere to comeback. From last year's price on this date, we have 44% rise. No FD gives you this return.

This.
legendary
Activity: 2114
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A Great Time to Start Something!
It is speculation. There is like no facts over there.

Yes. 100% speculation. They are saying that there are at least 10 new hedge funds launching with $50 million assets soon. But what this has to do with Bitcoin? We don't even know whether any of them are really interested in crypto.

If 10 new hedge funds succeed that would be huge for BTC.
Bullish speculation is a nice change of pace compared to recent history.
legendary
Activity: 2128
Merit: 1031
When did it leave?
legendary
Activity: 3808
Merit: 1219
It is speculation. There is like no facts over there.

Yes. 100% speculation. They are saying that there are at least 10 new hedge funds launching with $50 million assets soon. But what this has to do with Bitcoin? We don't even know whether any of them are really interested in crypto.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
come back from where? from a toilet break?

think so too  Cheesy
hero member
Activity: 680
Merit: 500
There's usually quite a stable flat period before confidence comes back and it's also likely to be on the heels of a big news event (ie. a major company adopting it). I think a lot of investors are already burnt at this price level.
hero member
Activity: 770
Merit: 500
It will take some time till it come back.
legendary
Activity: 2408
Merit: 1216
The revolution will be digital

Nowhere to comeback. From last year's price on this date, we have 44% rise. No FD gives you this return.
member
Activity: 112
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Cryptocurrencies Exchange
It is speculation. There is like no facts over there.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
I was tempted by the headline. But unfortunately the article does not list any solid reasons for the BTC exchange rate to go up. They are just saying that Bitcoin investors want to get rich, so it will go up (sic).

I will not bother to read it then.
Thanks for the summary/warning.

Bitcoin May Be Poised for a Major Comeback...Buy Now!
global moderator
Activity: 4046
Merit: 2732
Join the world-leading crypto sportsbook NOW!
I was tempted by the headline. But unfortunately the article does not list any solid reasons for the BTC exchange rate to go up. They are just saying that Bitcoin investors want to get rich, so it will go up (sic).

Yeah, key words 'may be' here. I'm sure there are plenty of entrepreneurs who may be interested in investing in Bitcoin /related companies, but I'm also sure these price fluctuations will scare most of them off.
legendary
Activity: 3808
Merit: 1219
I was tempted by the headline. But unfortunately the article does not list any solid reasons for the BTC exchange rate to go up. They are just saying that Bitcoin investors want to get rich, so it will go up (sic).
legendary
Activity: 938
Merit: 1001
bitcoin - the aerogel of money
come back from where? from a toilet break?
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
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