I agree but wonder if it is one or two hedge funds who are expecting 100 hedge funds to move in soon and are buying all the cheap coins now. Honestly if no one wants to sell BTC and millions get poured in daily the price will get crazy stupid quickly.
can you post here the definition for a hedge fund and a short description of how a hedge funds work just to know we are talking about the same thing
http://en.wikipedia.org/wiki/Hedge_fundbah u did it on the easy way :/
hedge funds get their name because they hedge their positions on the market
example go long on oil futures and long on airlines stocks
1 if oil goes up let the oil futures run in profits cut the airlines stock
2 if oil goes down cut the futures and let the airlines stock run in profits
how you hedge in bitcoin world ?