TheKoziTwo
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September 27, 2013, 01:08:12 AM

Anyone who sells a single Bitcoin right now is a complete moron.  There is a truly limited supply which doesn't exist anywhere else in the investment world. When the institutional investors get their hands on them, (which they have been unable to do until today) they won't be selling them back to you or putting them on these amateur exchanges. They could easily buy every Bitcoin on all of the exchanges in a couple of days.  When the price goes to $1000, it could happen overnight and your tiny $200 ask price will be eaten on the way up.  You haven't seen a real whale yet.
Actually, there has been an alternative for a while, namely the Malta-based hedge fund "Exante" (having 80 000 BTC in their storage at the time of the article). However, it is limited to non-us countries. Now that the gates are also open for US, it's a big step for bitcoin.