Even negative press is good.
Many wall street types have balls of steel, and the only thing that scares them is missing out on a good opportunity. I really think this exposure has much to do with the recent up swing.
TT
Do you really believe they will only find out about bitcoin 'years' later because of a small advert on a newspaper?
No they knew ages ago and if they wanted to be part of it they already would a paper is not going to wake them up and say hey guys look what you are missing over here, so then they start buying and cause this pump.
Nope it is just whales playing whales games to make a few bob on the backs of the unaware
Front page of the WSJ is not "a small advert on a newspaper" and yes, many will have learned about Bitcoin as a result of this. If you ask 10 random people to tell you what they know about Bitcoin, many will have heard about it, but that's about the extent of their knowledge. The front page of the most well known financial publication in the world will have certainly raised the level of bitcoin awareness for thousands of individuals.
TT
Aha sorry but that is funny stuff so we must be super savvy investors to be with Bitcoin before wallstreet
That paper is not for the big shots it is for the average joe who already knows about bitcoin and has either chose to invest or has not a simple add is not changing that for the majority or readers.
Don't talk rubbish if i speak to 10 random people i will probably not even get 1 that knows about bitcoin and a add is not going to deepen their knowledge is it, unless they chose to follow up and learn and that is not done in a day or 2 these people if they choose to invest will be here by the summer it is alot to get your head around and whether investing is a good idea, how much how it works etc etc..
You are right it will have definitely raised awareness but not as much as you think and that is 100% not a reason for the big boys to get involved just the average joe which is not bad but it is not great either.
At $29 per month, I wouldn't say this publication is for the average Joe, and the people who read it are reading it specifically for the financial news. This is a very different publication than a typical local or even national newspaper. 59% of readers hold top management positions, and the average household income of a WSJ reader is over $200,000/year.
All things considered, this was a full page in the WSJ about Bitcoin. If you were to pay for that it would cost over $300,000.
This really was a big deal for Bitcoin.
TT