Topic: Latest Zero Hedge Article on Bitcoin (Read 756 times)
The reason for this is that Bitcon's market cap is only about $6 billion. Assuming a hedge fund wanted to take a position that was no more than 5% of bitcoin's market cap to avoid excessive slippage your investment would be limited to only $300 million. It's still a very small market.
You can pretty much predict the comments regardless of the article there. It's quite the echo chamber. There are a few more pro btc comments than there were once upon a time but there's a lot about it that's going to turn off the established mindset there.
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I really do not understand the hate felt for BTC there, ZH-ers tend to like gold after all. And BTC fits right in with the mostly libertarian zeitgeist there. In the comments below the article, you can read what the fans and detractors have to say. You can even see (if you're a ZH member) how many up arrows vs. downs I got (first comment, my moniker there is "38BWD22").
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I really do not understand the hate felt for BTC there, ZH-ers tend to like gold after all. And BTC fits right in with the mostly libertarian zeitgeist there. In the comments below the article, you can read what the fans and detractors have to say. You can even see (if you're a ZH member) how many up arrows vs. downs I got (first comment, my moniker there is "38BWD22").
-snip-
Unfortunately... Bitcoiners today don't really fit the narrative of the "libertarian" mindset that was once the initial drive for starting up the Bitcoin project. I wasn't around during then, but from what I've read and seen that was posted in the past by Satoshi and others was to try and create something pure and completely decentralized that doesn't have any government influence... Now people are welcoming the governments and allowing them to intervene with open arms because it might raise the prices/adoption rates. People who come into bitcoin now are in it for the speculatory "make a quick buck" scheme now... not for any greater purpose other than that.
In my opinion it made for some good reading, very positive and alot the comments were positve to, your always gone get someone who just wont accept the facts.
Reading the comments on Zerohedge it does not look a lot different that reading comments here on Bitcointalk. A few BTC defenders, others are not against BTC per se but do bring up some good points on its weaknesses, and then we get the ETH champions who for some reason think that Bitcoin and ETH cannot co-exist, i.e. for one to succeed the other must die. Yep, must be same pool of readers.
No, zerohedgers tend to be idiots of the conspiracy theorist type, ones for whom logic has little value. Bitcointalk has a lot of intelligent people though it's getting bad with scammers and spammers. 
Reading the comments on Zerohedge it does not look a lot different that reading comments here on Bitcointalk. A few BTC defenders, others are not against BTC per se but do bring up some good points on its weaknesses, and then we get the ETH champions who for some reason think that Bitcoin and ETH cannot co-exist, i.e. for one to succeed the other must die. Yep, must be same pool of readers.
At a quick glance, it seems hate is the default mental state of most commenters there, regardless of subject matter.
it is always stupid to dismiss any asset class, just sayin.
You can sum that up in a few words... " Ignorance has no breaks " .. A lot of those people seem to know very little about Bitcoin, but are blowing wind from their ass with their ignorant comments. They
still think Bitcoin is a bunch of Anarchists and Bitcoin can be hacked by the powerful Chinese hackers. Once people like that has made up their mind, you would find it difficult to change their minds.
Bitcoin will prove it self in the long run, and then many of those people will hide in the shadows with red faces or they will deny what they said before to not look like fools.
still think Bitcoin is a bunch of Anarchists and Bitcoin can be hacked by the powerful Chinese hackers. Once people like that has made up their mind, you would find it difficult to change their minds.
Bitcoin will prove it self in the long run, and then many of those people will hide in the shadows with red faces or they will deny what they said before to not look like fools.
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I really do not understand the hate felt for BTC there, ZH-ers tend to like gold after all. And BTC fits right in with the mostly libertarian zeitgeist there. In the comments below the article, you can read what the fans and detractors have to say. You can even see (if you're a ZH member) how many up arrows vs. downs I got (first comment, my moniker there is "38BWD22").
The "Tylers" there at ZH like putting up BTC articles as "click bait", LOL.
http://www.zerohedge.com/news/2016-02-26/why-hedge-fund-manager-who-made-killing-subprime-buying-bitcoin#comment-7242958
One nice point in the article itself is how the hedge fund manager likes BTC as a way to break capital controls, perhaps BTC's highest and best use.
I really do not understand the hate felt for BTC there, ZH-ers tend to like gold after all. And BTC fits right in with the mostly libertarian zeitgeist there. In the comments below the article, you can read what the fans and detractors have to say. You can even see (if you're a ZH member) how many up arrows vs. downs I got (first comment, my moniker there is "38BWD22").
The "Tylers" there at ZH like putting up BTC articles as "click bait", LOL.
http://www.zerohedge.com/news/2016-02-26/why-hedge-fund-manager-who-made-killing-subprime-buying-bitcoin#comment-7242958
One nice point in the article itself is how the hedge fund manager likes BTC as a way to break capital controls, perhaps BTC's highest and best use.
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