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Topic: London Hedge Funds moving into Bitcoin - page 3. (Read 5098 times)

legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
April 10, 2013, 05:38:56 AM
#13
They are based in Malta btw, not London
member
Activity: 75
Merit: 10
April 10, 2013, 05:37:59 AM
#12
Hold on a minute. Isn't Max Keiser against the existing banking system and their institutions? Yet he is brokering deals for hedge funds??? Am I missing something here?

He is using the system against itself.

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.

I think it is healthier to keep the banks and institutions out of the picture for as long as possible, whatever the short term gains to maximise the redistribution of wealth. The cheaper it is for them to come in, the more chance there is of Bitcoin just becoming part of the existing system.
sr. member
Activity: 322
Merit: 250
April 10, 2013, 05:37:53 AM
#11
Yeah, well, we will see about that. My mind isn't made up yet about Max Keiser, but he's a TV personality and that's almost always a bad thing. The last thing we need (and is perhaps inevitable at this point) is the rise of Bitcoin demagogues.


re: Bitcoin demagogues.  Yep, can be bad.


re: Max Keiser.  It's hard to make one's mind up about how 'sensational' versus 'principled' Max is.  If you look at some of his one-on-one interviews you can truly see that Max is very well grounded in, what he considers to be, fundamentals of fairness, equity, impartiality.


So....  I believe Max Keiser is more so a force for good.  Could he be responsible for inflating Bitcoin expectations?  Sure.  Though, I still think Max serves an important role.


legendary
Activity: 1145
Merit: 1001
April 10, 2013, 05:27:40 AM
#10
Hold on a minute. Isn't Max Keiser against the existing banking system and their institutions? Yet he is brokering deals for hedge funds??? Am I missing something here?

He is using the system against itself.

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.
member
Activity: 75
Merit: 10
April 10, 2013, 05:14:21 AM
#9
Hold on a minute. Isn't Max Keiser against the existing banking system and their institutions? Yet he is brokering deals for hedge funds??? Am I missing something here?

hero member
Activity: 602
Merit: 508
April 10, 2013, 05:08:46 AM
#8
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!

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.

Thanks for the explanation.
Awesome and extreme  Grin
I hope this comes true.
legendary
Activity: 1145
Merit: 1001
April 10, 2013, 04:47:49 AM
#7
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!

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.
hero member
Activity: 614
Merit: 500
April 10, 2013, 04:31:09 AM
#6
I always suspected Max Keiser to be a bitcoin pumper. Now I'm sure of it.
hero member
Activity: 602
Merit: 508
April 10, 2013, 04:28:29 AM
#5
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!

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?

legendary
Activity: 952
Merit: 1000
April 10, 2013, 04:27:13 AM
#4
BUY BUY BUY
sr. member
Activity: 462
Merit: 250
April 10, 2013, 04:26:27 AM
#3
BTCBTCBTC!
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
April 10, 2013, 04:21:43 AM
#2
Yeah, well, we will see about that. My mind isn't made up yet about Max Keiser, but he's a TV personality and that's almost always a bad thing. The last thing we need (and is perhaps inevitable at this point) is the rise of Bitcoin demagogues.
legendary
Activity: 1145
Merit: 1001
April 10, 2013, 04:19:47 AM
#1
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!
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