Topic: Institutional Investor: Bitcoin Exits Mt. Gox and Heads to Wall Street (Read 1171 times)
March 19, 2014, 01:23:36 AM
It was about time!
March 18, 2014, 07:55:18 PM
Quote
The Winklevoss twins peg it at $400 billion. SecondMarket's Silbert sees it at 5 percent of investments in gold - about $350 billion. Wedbush Luria says Bitcoin will take a bite of the $1.9 trillion financial gold market and both global foreign currency reserves (a $7.5 trillion market) and a safe-haven currencies ($4.3 trillion).
these people must be holding lots of btc.
March 18, 2014, 04:09:02 PM
http://www.institutionalinvestor.com/Article/3320376/Bitcoin-Exits-Mt-Gox-and-Heads-to-Wall-Street.html?ArticleId=3320376&p=1
"How big is the Bitcoin market? The Winklevoss twins peg it at $400 billion. SecondMarket's Silbert sees it at 5 percent of investments in gold - about $350 billion. Wedbush Luria says Bitcoin will take a bite of the $1.9 trillion financial gold market and both global foreign currency reserves (a $7.5 trillion market) and a safe-haven currencies ($4.3 trillion). To the extent that Bitcoin caputres a slice of the combined $13.7 trillion from these three markets, it could drive up the price ten to 100 times, Luria says."
It's nothing I haven't heard, but with the recent pessimism and the "bear" trending... this is a heads up to all the true believers. We're fueling up the Wall Street rocket...
HODL
(until a rival currency shows up... if at all)
"How big is the Bitcoin market? The Winklevoss twins peg it at $400 billion. SecondMarket's Silbert sees it at 5 percent of investments in gold - about $350 billion. Wedbush Luria says Bitcoin will take a bite of the $1.9 trillion financial gold market and both global foreign currency reserves (a $7.5 trillion market) and a safe-haven currencies ($4.3 trillion). To the extent that Bitcoin caputres a slice of the combined $13.7 trillion from these three markets, it could drive up the price ten to 100 times, Luria says."
It's nothing I haven't heard, but with the recent pessimism and the "bear" trending... this is a heads up to all the true believers. We're fueling up the Wall Street rocket...
HODL
(until a rival currency shows up... if at all)
The rival currency will be NEM. Look for it soon.
March 18, 2014, 04:19:20 AM
http://www.institutionalinvestor.com/Article/3320376/Bitcoin-Exits-Mt-Gox-and-Heads-to-Wall-Street.html?ArticleId=3320376&p=1
"How big is the Bitcoin market? The Winklevoss twins peg it at $400 billion. SecondMarket's Silbert sees it at 5 percent of investments in gold - about $350 billion. Wedbush Luria says Bitcoin will take a bite of the $1.9 trillion financial gold market and both global foreign currency reserves (a $7.5 trillion market) and a safe-haven currencies ($4.3 trillion). To the extent that Bitcoin caputres a slice of the combined $13.7 trillion from these three markets, it could drive up the price ten to 100 times, Luria says."
It's nothing I haven't heard, but with the recent pessimism and the "bear" trending... this is a heads up to all the true believers. We're fueling up the Wall Street rocket...
HODL
(until a rival currency shows up... if at all)
"How big is the Bitcoin market? The Winklevoss twins peg it at $400 billion. SecondMarket's Silbert sees it at 5 percent of investments in gold - about $350 billion. Wedbush Luria says Bitcoin will take a bite of the $1.9 trillion financial gold market and both global foreign currency reserves (a $7.5 trillion market) and a safe-haven currencies ($4.3 trillion). To the extent that Bitcoin caputres a slice of the combined $13.7 trillion from these three markets, it could drive up the price ten to 100 times, Luria says."
It's nothing I haven't heard, but with the recent pessimism and the "bear" trending... this is a heads up to all the true believers. We're fueling up the Wall Street rocket...
HODL
(until a rival currency shows up... if at all)
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