Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
n8rwJeTt8TrrLKPa55eU
on 22/11/2013, 22:54:51 UTC
Keep in mind that this is for people that already invest in stocks, still only 5% actually invested in btc and probably 90% of them still for small amounts.
Just a sign that we are still (very) early adopters imo.

Similar result among the professionals, lots of adoption still to come:

Quote
“I still don’t even know what it is” – Jim Chanos, famed short-seller and founder of $6 billion Kynikos Associates.

“You know,  I don’t understand bitcoin” – Bonnie Baha, head of Global Developed Credit at $53 billion DoubleLine Capital.

“I don’t really know enough to have a view” – Chris Delong, chief investment officer of $8.1 billion multi-strategy hedge fund Taconic Capital Advisors

“I don’t have any insight at all. I don’t know how it should be valued. I have no anchor as to what it’s worth”-  Steven Einhorn, Vice-Chairman of Omega Advisors

“I like sound currencies. I have no interest in that. I would stay away”  - Margie Patel, senior portfolio manager at Wells Capital Management.

http://blogs.reuters.com/unstructuredfinance/2013/11/22/what-the-money-managers-and-the-fog-of-bitcoin/