Post
Topic
Board Speculation
Re: Will The Bitcoin Investment Trust affect the price?
by
smoothie
on 27/09/2013, 01:05:22 UTC
The price development story here is not the effect that purchasing for this fund will have, but the opening of more funds like this and other derivative instruments. The affect on price will happen on a much longer timeline than many of you are thinking.

perhaps.

but this announcement really should be looked at as the 2nd fund to announce this strategy next to Winklevii.

it's possible that "speculation" could result in a sooner ramp than you think.  especially since we've had this nice long consolidation period of 5-6 months now. 

charts are looking primed.

This ^