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Old 07-13-2014, 02:33 PM
 
8,483 posts, read 6,929,147 times
Reputation: 1119

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They have been pushing for BC derivatives and institutional investing. It's always the casino where the real leverage is applied. Seems they are really ready to leverage here. Seems the institutional money is now flowing to BC.

Barry Silbert: 15% of Institutional Investors are Bitcoin Believers
quote:
38 institutional investors representing more than $250bn in investment capital were to meet with him at the event. The topic? Bitcoin and the future of digital currencies.
....
Silbert expects this to soon change, and that the Bitcoin Investment Trust, once it trades on the public market via OTCQX in Q4, will play a key role.


Blythe Masters’ Ex-Husband Launches Bitcoin Hedge Fund from the Island of Jersey

quote:
Masters, co-principal of Global Advisors Jersey Ltd.—which trades up to $2 billion of energy and equities—is the latest of a handful of fund managers trotting out new Bitcoin investment funds in recent months,
....

he estimates the value of Bitcoin could rise to $2,000 or more.
....
Netagio, based in the Isle of Man—a Crown dependency, like Jersey—announced the debut of a London-based Bitcoin exchange that will allow individuals to trade Bitcoin against the British pound and gold.
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Old 07-13-2014, 03:30 PM
 
Location: CO
2,172 posts, read 1,453,117 times
Reputation: 972
And now the Winkelvoss twins want to launch their own BC ETF.

They want it on the NASDAQ as COIN. Latest SEC filing
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Old 07-13-2014, 03:36 PM
 
8,483 posts, read 6,929,147 times
Reputation: 1119
Quote:
Originally Posted by TrexDigit View Post
And now the Winkelvoss twins want to launch their own BC ETF.

They want it on the NASDAQ as COIN. Latest SEC filing
Good find. Interesting to watch what is going on in the various markets at this time.
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Old 07-13-2014, 03:54 PM
 
Location: CO
2,172 posts, read 1,453,117 times
Reputation: 972
Quote:
Originally Posted by CDusr View Post
Good find. Interesting to watch what is going on in the various markets at this time.
Interesting times indeed, CDusr! And it will get even more so as we head into fall.
Also saw your Zero Hedge / reverse repo thread. That was definitely worth the read.

Off-topic (obviously) but sure-fired moneymaker - shorting leveraged multiplier ETF's. You know the 2x and 3x bear / bull vehicles. Leverage decay just happens over time. Always does. Wait for some of these upcoming volatility spikes, short any of them (UVXY, TZA, FAZ, etc.).
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Old 07-13-2014, 04:56 PM
 
Location: The Republic of Texas
78,863 posts, read 46,596,242 times
Reputation: 18521
The Fed will never allow the Bitcoin to get to big....

Watch.
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Old 07-13-2014, 05:10 PM
 
8,483 posts, read 6,929,147 times
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Quote:
Originally Posted by TrexDigit View Post
Interesting times indeed, CDusr! And it will get even more so as we head into fall.
Also saw your Zero Hedge / reverse repo thread. That was definitely worth the read.

Off-topic (obviously) but sure-fired moneymaker - shorting leveraged multiplier ETF's. You know the 2x and 3x bear / bull vehicles. Leverage decay just happens over time. Always does. Wait for some of these upcoming volatility spikes, short any of them (UVXY, TZA, FAZ, etc.).
Changes are certainly on their way. I expect the rest of this year to be interesting.
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Old 07-13-2014, 05:17 PM
 
8,483 posts, read 6,929,147 times
Reputation: 1119
Quote:
Originally Posted by BentBow View Post
The Fed will never allow the Bitcoin to get to big....

Watch.
Whether BC gets big or not is really unimportant. The question really is what is next. BC has been at the very least an interesting experiment and don't forget BCs origins. Things are often not what they may seem.

JPMorgan's Biggest Concern Is That Bitcoin Will Succeed

JPMorgan patents Bitcoin-like payment system - Dec. 10, 2013
quote:
The system includes digital wallets, the ability to transfer money to anyone and anonymity too, according to a patent application filed to the U.S. Patent and Trade Office on Aug. 5. A blog on Let's Talk Bitcoin first reported the story.
.....
It does, however, say what led to its development: The modern financial system is outdated.
In the patent application, JPMorgan notes two trends that are making the old banking system obsolete. One is that merchants are establishing direct relationships with customers -- and they don't want middlemen slowing down the transfer of money. The second is that digital products are often sold in small increments for very low prices, and the currently high price of per-transaction fees don't make sense.
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Old 07-13-2014, 05:37 PM
 
Location: Someplace Wonderful
5,177 posts, read 4,788,644 times
Reputation: 2587
If you liked the real estate bubble, you will LOVE bitcoin.

All those opportunities for the smart guys to manipulate the market - AT YOUR EXPENSE !!!!!!!!! Goldman Sachs is already planning their trading desk strategies.

Line up, lemmings. The wolves await !!!
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Old 07-15-2014, 03:37 PM
 
8,483 posts, read 6,929,147 times
Reputation: 1119
Quote:
Originally Posted by chuckmann View Post
If you liked the real estate bubble, you will LOVE bitcoin.

All those opportunities for the smart guys to manipulate the market - AT YOUR EXPENSE !!!!!!!!! Goldman Sachs is already planning their trading desk strategies.

Line up, lemmings. The wolves await !!!
Bubble blowing seems to be the norm. There are much bigger bubbles being blown, however. Abstraction on the backend is a critical component to this.
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Old 07-15-2014, 03:45 PM
 
18,804 posts, read 8,462,725 times
Reputation: 4130
Quote:
Originally Posted by chuckmann View Post
If you liked the real estate bubble, you will LOVE bitcoin.

All those opportunities for the smart guys to manipulate the market - AT YOUR EXPENSE !!!!!!!!! Goldman Sachs is already planning their trading desk strategies.

Line up, lemmings. The wolves await !!!
It would not surprise me one bit to find more than the usual amount of investment stupidity out there in the BC markets. So the Wolves should be salivating! I would wonder if high frequency trading might be a BC miner in itself.
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