Topic: Bitcoin makes frontpage of Financial Times magazine (Read 4316 times)

On the note of publicity...

I'll just leave this right here.

http://www.virtual-strategy.com/2013/06/15/forexminutecom-now-recommends-traders-buy-bitcoins

On this note, even if were bad, "there's no such thing as bad publicity." Anything that helps bring things out to the open piques more interest. Those who would jump on will do their research regardless of what others said positive/negative.

Quite how bears can spin this into a negative thing is completely beyond me. Do any of you stand back and actually think about what you are saying?

Being in the ft weekend magazine is not negative, it is great news. Exposure is good. These kinds of things are far more positive and concrete than the nonsense regarding Cyprus or China that was readily lapped up on these forums.

As for "OMG whales"... It is not then causing the problems. It is the weak hands that follow them.

he got you there with that 1. . . leave it at that.

I read The Financial Times because I have a pink bathroom.

The problem here is the hyping things multiple times gets less and less effective each time. Some will find it annoying as well. "Why can't you talk about something else? OLD NEWS" and such.

Too bad the opening few paragraphs are such a turn-off.

Overall, the article provides a nice overview of the diverse Bitcoin ecosystem, from clueless Dunning-Kruger idiots, to those who actually understand at least parts of how Bitcoin operates, how governments operate, and how businesses operate.

Looking how people are claiming , "This is it" , after bitcoin has made it to the FT (Weekend Magazine) after already been on other newspapers and the exuberation on the forum , that the price will go up , the whales will stop trading and manipulating and invest in infrastructure , everything we'll be fine now I can understand what's really happening ...

DESPAIR!

This.

If anyone thinks a bunch of seasoned financial professionals are going to rush out and buy Bitcoin while it's still crashing based on some article in a FT supplement they are delusional.

If anything they will take one look at the available charts, immediately recognise that it's heading way down from current prices in the short to medium term and make a mental note to examine it again in a few months after it's bottomed out.

Nobody has answered my question yet: Is the FT magazine a weekend inlay in the FT newspaper or is it a separately sold product?

+1 gweedo,

Have to agree.

Although I am one to focus on profit, that is not my sole reason why I use crypto.

The guy who wrote "I am in bitcoin to get rich." is a joke. Likely the guy did not even see the price spikes coming from a year ago or at all. Just more attention whoring in the media.

Many will do, for sure, don't underestimate ignorance

Financial Times MAGAZINE: a bunch of colourful sheets whose main use is spare paper for lining cat beds and bird cages. Generally distributed for free in business class airline lounges.

We are so being taken the piss off... literally 

And there is nothing a young venture capitalist with a wavy hair-do and thick-framed glasses love more than a high risk, very high return innovation. I am pretty bearish for Sunday morning but after that, I can see 110-120 rather easy.

It's a favourite read of all city boys, and you are expected to read it if you are going for jobs in the IB industry. Many universities will have its subscription for students to read. Go into the tube at around 8:15 and earlier and you will see a lot of orange pages

Eh, I might have developed a hype resistance after too much exposure.

I need a withdrawal period.

Heh, most innovators of Bitcoins are nerds. Internet powered money, go figure! 

I lol'd at the person who posted a Paul Krugman quote 

Frozenlock, I don't think it matters that rich FT readers aren't "discovering it" through the magazine. Exposure is important. If the rich folks saw it once in the news, saw a couple headlines on Bloomberg, and maybe had a chat about it for a minute with a buddy on the elevator... well, that's great. They already know about it. So maybe a nice feature (and that WAS a nice feature!) in FT will be what it takes to get them interested enough to look into an investment into some crypto startups.

You are overestimating the importance of initial impact. Nobody goes out and dumps $1m into a really obscure, unregulated internet scheme the first time they hear about it. But hear about it 5 times, or 10 times - more people are going to get interested. "Everyone who matters already knows about it" is irrelevant.

We're all spoiled since the beginning of April - we're used to EXPLOSIVE levels of growth. Now we're back to slower growth levels and it feels like the end of Bitcoin. Truth is, more and more businesses are accepting, more startups are forming, more people are learning about it and installing clients. Sure, everyone's holding their breath waiting for a good buy point, but everything thing else is chugging along nicely. Choo choo! Let the FT money flow in.

Time for an FT bump thread? Or is this it 

Just saw this today, none of these people looks like human on earth