SecondMarket CEO says Wall Street will put "hundreds of millions" into Bitcoin... my question is: How?
This article says exactly what I said in the title. My question is, how would they even plan to do that? There's not just a place to go where you can throw a million dollars into the pot, so where will the money go? Will they actually be buying coins? Also, what would the effect on price be?
Tesla CEO Elon Musk recently shared his mixed feelings regarding the future of Bitcoin and other cryptocurrencies during an interview with the Third Row Tesla Podcast. SecondMarket CEO Explains How He Wants to Help Bitcoin Grow Up Bitcoin is in an odd spot. The cryptographically generated digital currency is becoming big enough in the financial and tech world to ... Speaking on yesterday on Bloomberg TV’s Street Smart, SecondMarket CEO Barry Silbert claimed that the bitcoin industry is nearing a positive “inflection point” after downward-trending six months. Silbert was on the show to discuss SecondMarket’s buyers’ syndicate for the U.S. Marshal Service’s auction of nearly 30,000 BTC seized from the Silk Road, but the conversation … SecondMarket CEO Barry Silbert made news on 19th March when he revealed that Bitcoin Investment Trust, his private investment vehicle for high net-worth investors, would open its doors to the general public as soon as Q4 2014. The news surprised many, especially given the struggles reported by Cameron and Tyler Winklevoss, whose Winklevoss Bitcoin Trust […] SecondMarket CEO: Wall Street Will Put 'Hundreds of Millions' Into Bitcoin . Entrepreneur. December 11, 2013 ... institutional investors to put money into the Bitcoin market while avoiding the ...
This Week in Startups - Barry Silbert, CEO and Founder of SecondMarket Inc.
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