
“The bitcoin market is about to get slammed with more capital and more trading sophistication than it’s ever faced. Anyone who tells you they know what the impact of this inflow will be is smoking their own supply. SecondMarket isn’t the only group bringing sophisticated investors into the bitcoin fold. Silbert’s suggestive tweet comes on the heels of Pantera Capital announcing the first close of $150 million in institutional capital for its Pantera Bitcoin fund earmarked for bitcoin trading. In other words, bitcoin is about to go from a niche, hobbyist market to a mainstream one frequented by professionals.”
Related posts:
Super Bowl Mic Hijack Proves Government Cannot Protect You
Bank of Canada Admits Recession, The Solution: More Bubbles
6 Bitcoin Customers Confirmed for Virgin Galactic Space Flight
Woman records own arrest, gets charged with wiretapping
Libertarian billionaire warns of 'financial Armageddon' after U.S. election
Holder: Feds to set rules for banks and pot money
San Jose Police Department says FAA can’t regulate its drone use
Alabama’s becomes ‘shall issue’ concealed carry state
U.S. Students Sign Petition to Legalize 4th Trimester Abortion
Mike Hearn, Bitcoin Developer - Turing Festival 2013
"Polish" Death Camps and Censorship's Unintended Consequences
‘Tax Freedom Day’ falls three days later this year for Americans
The 21 Places Snowden Has Sent Asylum Requests
Sierra Leone plans gold tax cut to curb smuggling
China's Central Bank Spars With Its Ministry of Finance