Topic: London Hedge Funds moving into Bitcoin - page 2. (Read 5098 times)
My take would be that Max is trying to get the hedge funds into Bitcoin but is unsuccessful so far. By publicly tweeting he is getting them involved he is putting the managers under pressure to act swiftly. He gets away with it by making sure everyone understands he is a journalist so he isn't about to keep things a secret anyway.
Dark pools also help large holders sell large quantities so that they do not crash the market, because of one of the large sellers tried to unload 500K coins.....no, they would not get higher prices on the open market.
You set your selling price. If you're a big seller and don't want to "crash" the market, build your wall at the price you believe there will buyers. If the big London buyers really want that much, they'll consume your wall.
What are the actual purposes of a darkpool? It'd work exactly the same way, only without announcing the wall. So what? The end price will necessarily be the same, i.e., the result of supply and demand.
"The fund currently manages a portfolio of 81,000 BTC"
https://exante.eu/press/news/266/
Far cry from 1B - but not too shabby in any case.
https://exante.eu/press/news/266/
Far cry from 1B - but not too shabby in any case.
They could purchase 500K - 1M coins without moving the market very much using dark pools. I highly doubt they would barrel in all at once with 1B. But yes, 1B would affect the exchanges.
Dark pools do not create coins. They have to buy them somewhere. Or mine them. What would be the interest of a miner to sell large quantities of coins at bulk price when they can sell them higher on open markets ?
Do you think I'm mentally retarded?
Dark pools also help large holders sell large quantities so that they do not crash the market, because of one of the large sellers tried to unload 500K coins.....no, they would not get higher prices on the open market.
Thank you. Even if they do go in with 1B (??), they will be using dark liquidity. They would/could not do this on the open market.
Dark pools would allow large holders to cash out without crashing the market, and allow themselves to enter a position without driving the market to absurd heights. You would not even know it happened.
Dark pools would allow large holders to cash out without crashing the market, and allow themselves to enter a position without driving the market to absurd heights. You would not even know it happened.
I never understood this hypothetical logic of dark pools. It's as if you were claiming that supply and demand only affects price when deals are made publicly, but that's obviously not true. Prices are driven by supply and demand regardless of whether there is a "public market" or not.
Throwing one gigabuck at Bitcoin will certainly produce a tsunami in the price, with or without dark pools.
If they havent already established their position, they will have significant issues getting those kinds of funds available for a dark pool, which will lead to massive price movements (due to scarcity) on the exchange in any case.
They could purchase 500K - 1M coins without moving the market very much using dark pools. I highly doubt they would barrel in all at once with 1B. But yes, 1B would affect the exchanges.
As I don't believe they have established 1B in bitcoins already, this should be significant enough with dark pool trading to take us well above 500 and probably closer to 1000.
Of course they haven't. Yes, this is more reasonable.
EDIT: If this is not a complete embellishment.....
Seeing Keiser talk gives me the same kind of creeps Bruce Wagner did.
ugh.... hedge funds managers are not that stupid. And if you believe crap from Max Keiser, you're an idiot
Thank you. Even if they do go in with 1B (??), they will be using dark liquidity. They would/could not do this on the open market.
Dark pools would allow large holders to cash out without crashing the market, and allow themselves to enter a position without driving the market to absurd heights. You would not even know it happened.
Hedge funds are not complete idiots. Do any of you really think they would place open market orders from $250 to $2500? Hmmmm....I think I'll buy 2M shares of AAPL with a stop limit order at $430, limit at $4300. What's BAC trading these days? $12.50? Buy all you can to $125. They are bound to grow.....
If they havent already established their position, they will have significant issues getting those kinds of funds available for a dark pool, which will lead to massive price movements (due to scarcity) on the exchange in any case.
As I don't believe they have established 1B in bitcoins already, this should be significant enough with dark pool trading to take us well above 500 and probably closer to 1000.
Thank you. Even if they do go in with 1B (??), they will be using dark liquidity. They would/could not do this on the open market.
And don't we already know that more than half of the 11M coins are out of circulation: http://eprint.iacr.org/2012/584.pdf
So dark pools surely have as much or more liquidity than Mt Gox.
max keiser is a professional
troll
troll
ugh.... hedge funds managers are not that stupid. And if you believe crap from Max Keiser, you're an idiot
Thank you. Even if they do go in with 1B (??), they will be using dark liquidity. They would/could not do this on the open market.
Dark pools would allow large holders to cash out without crashing the market, and allow themselves to enter a position without driving the market to absurd heights. You would not even know it happened.
Hedge funds are not complete idiots. Do any of you really think they would place open market orders from $250 to $2500? Hmmmm....I think I'll buy 2M shares of AAPL with a stop limit order at $430, limit at $4300. What's BAC trading these days? $12.50? Buy all you can to $125. They are bound to grow.....
Given that Exante has made it public and already has the BTC, I don't care why Keiser is broadcasting it.
BTW, the fund says it has 81000 BTC with a +1000% return in the last three months, so they must have bought before the rise went strong.
BTW, the fund says it has 81000 BTC with a +1000% return in the last three months, so they must have bought before the rise went strong.
That must have been an initial investment of about $2 million then.
This is absolute BULLSHIT post. And is typical fake bullshit news.
Exante brokerage seems to be quite real. And their bitcoin announcement too: https://exante.eu/press/news/266/
Given that Exante has made it public and already has the BTC, I don't care why Keiser is broadcasting it.
BTW, the fund says it has 81000 BTC with a +1000% return in the last three months, so they must have bought before the rise went strong.
BTW, the fund says it has 81000 BTC with a +1000% return in the last three months, so they must have bought before the rise went strong.
This is absolute BULLSHIT post. And is typical fake bullshit news.
I don't understand what exactly Exante need Max for, other than advertising. Is that the deal? I'll go on tv and tell people about your hedge fund for a 2% fee. How does RT not ban this crap.
In the german forums here, someone did have a good question.
Why did Max Keiser announce the plans? Announcing this makes the exchange rate grow... and they would need to spend more per BTC
Maybe he just want to push the exchange rate with that kind of news so that he can sell at very high profit soon?
Can somebody explain if there is a logic? because this sounds scarry. Maybe we are really a playball here and nothing else?
Why did Max Keiser announce the plans? Announcing this makes the exchange rate grow... and they would need to spend more per BTC
Maybe he just want to push the exchange rate with that kind of news so that he can sell at very high profit soon?
Can somebody explain if there is a logic? because this sounds scarry. Maybe we are really a playball here and nothing else?
I always suspected Max Keiser to be a bitcoin pumper. Now I'm sure of it.
This
Also I'm sure some banks and institutions can be reformed. Not everything has to disappear. Existing physical infrastructure and organizations can be used for the new Bitcoin ecnomy.
100% agreed.
If history is any map, we're poised for a transformation of these ancient structures much as Northern Italy was just before the Renaissance. Changes in the economic balance were much of the force behind the Renaissance.
I truly think we're going to see another, even bigger Renaissance in the next generation because of Bitcoin. It may have already started.
Check out this Bitcoin is being offered as an investement on Exante.eu for London hedge funds (this is the Malta hedge fund people have been talking about):
https://exante.eu/press/news/266/
Minimum account size: 100,000 Euros.
Max Keiser claims there is $1 billion lined up for this:
https://twitter.com/maxkeiser/status/321897445422399488
Looks like the big players will be coming soon!
This "bubble" still has a long ways to go!
https://exante.eu/press/news/266/
Minimum account size: 100,000 Euros.
Max Keiser claims there is $1 billion lined up for this:
https://twitter.com/maxkeiser/status/321897445422399488
Looks like the big players will be coming soon!
This "bubble" still has a long ways to go!
Can you explain for a noob like me what this would mean? $1 bilion will go into bitcoin market? Or 100.000 €? How would it change the exchange rate?
$1 billion is to be spent buying bitcoins.
At the current market price that would be about 4 million BTC.
I doubt that many people will actually be selling.
So if that happens the price will go *way* up.
If we assume they can buy 5% of existing bitcoins (very optimistic IMHO) with that $1 billion then the price has to go up 10x at least.
That would result in a price of $2500 per bitcoin.
ugh.... hedge funds managers are not that stupid. And if you believe crap from Max Keiser, you're an idiot
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