Quote from: Vlad2Vlad on November 07, 2014, 07:51:51 PM

Quote from: Zebedee23 on November 07, 2014, 07:34:01 PM

I really love your optimism regarding the coming Bitcoin bull run!!!!

You and I seem to be running in the same [crypto] circles.

Most don't understand the grand significance of the Bitcoin ETF, especially COIN. I was the only one last year shouting to everyone that the ETF was coming and it was guaranteed. Back then all the pros were literally laughing and saying it was not possible.

I was called insane many times for these ideas and theories.

There are $8 trillion in the US alone just in 401k and IRA retirement accounts. $20 trillion in the US in total assets under management. The ETF will finally allow them to legally buy Bitcoin. How many of those money managers do you think will NOT invest in the hottest "tech" since the internet?

How many do you think will risk looking foolish by missing the biggest opportunity of their careers? I would say at least 8 out of 10 fund managers will buy some Bitcoin. Imagine just 1% of $8 trillion going into Bitcoin, most of it next year.

That's $80 billion. Then what about the other $12 trillion? Just in the US alone - so what about the rest of the planet that also want Bitcoin.

And what about individuals who want to buy some bits [cause full Bitcoins will not be within reach anymore].

What about the $2 trillion in mattress money across Europe and an equal amount in the US?

And finally, countries looking for a safe alternative to traditional currencies will finally buy Bitcoin and some will use it as a reserve given the ETF signals the full backing and support of the US government [via the SEC license].

People [even now] fail to understand the MASSIVE magnitude of what's about to happen.

This is why I've been saying since last year that $10,000 will look like a cheap price after the ETF goes green. The mother of all bubbles is about to go into full-effect so don't be foolish and sell early, like many did last year.

And of course, speculation and a crowding out effect will spill over into alt-coins which will create a massive secondary bubble and wealth effect which [on a % basis] will return much larger profits than Bitcoin.

Buy as much as you can now and do NOT sell early!

God i so hope youre right.

Its hard not to be pessimistic in this scene, especially after the last year weve had. Iv all but stopped raving to my friends and telling them to buy as its gonna be big. But i still believe!!