Pages:
Author

Topic: . - page 2. (Read 11740 times)

legendary
Activity: 1834
Merit: 1019
July 03, 2013, 09:23:36 PM
Who cares- if it isn't approved, its submitted again, and if not in that country, in another etc, its coming, so run ye bears

Yes! It is pretty much expected that this will go back and forth between ETF ops and regulators a few times at least. This is why 6-18 month time scale, not something more specific.

Yes. Of course it is bullish for Bitcoin for a number of reasons, such as:

1. "Early adopters" will be (most likely) able to loan their bitcoins to the trust ops and the thrust ops will want/need this.
2. Significant amount of bitcoins will be held by the trust and as such be removed from circulation.
3. Bitcoin investments will become available to anyone with a brokerage account, all within familiar paradigm/ui.
4. Eventually, the next step would be having proper options traded on bitcoin by making this trust optionable and as such Bitcoin will become optionable. This in turn will enable a variety of new business models that require currency exchange risk mitigation, for example, portfolio loans (you own bitcoin, want to buy a house, instead of selling bitcoin and paying capital gains taxes  and/or taking a mortgage you can simply give your Bitcoins as collateral to a portfolio loan company and get "portfolio loan").



oh my god if i can retire at the age of 21-22.... thank you based god. I promise I'll spread the good word of the Based.
hero member
Activity: 994
Merit: 507
July 03, 2013, 09:23:26 PM
here you go

# sha256 -s "a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013"
SHA256 ("a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013") = ee404466e9a7cd997aa09f64529dc3bef3e7314357f0e66795cf601beaa7b34e


Er, GNU coreutils sha256sum sez:


$ echo "a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013" | sha256sum
2ad1e2ee56307f7df4f6a043a25e4df5a30b2947f158503bfe113e66e26b7dd3  -


[blink] y u no match? [/blink]
It should be "echo -n " then text.
legendary
Activity: 1834
Merit: 1019
July 03, 2013, 09:16:33 PM
probably a character or two missing or added

Or he just made it up?

No srsly, I'm really wondering what "sha256" program he's using.  Neither GNU coreutils (the sha256sum on every Linux box, every distro) nor the perl shasum script have a "-s" command line option.

I got this using an online sha256 tool : ee404466e9a7cd997aa09f64529dc3bef3e7314357f0e66795cf601beaa7b34e [blink]match![/blink]


me too
http://awesomescreenshot.com/0b41guy38d
hero member
Activity: 625
Merit: 501
x
July 03, 2013, 09:14:39 PM
Whether we like it or not, I think the concept will bring a lot of interest into bitcoin, because it reduces the barrier to entry. And even though they're buying shares of bitcoins, you know how it goes - once you get your first taste of Bitcoin, you can't quit :-)

But none of this will happen for, as said above, 6-18 months minimum.  Until people see it, and it's real, I don't anticipate the news will positively impact price.

Show a Bitcoin ATM, installed and not seized for a period of 7 days, I think the price goes up.
Post the IPO for anything Bitcoin, it gets attention, and the aforementioned benefits, I think the prices goes up.

There's another subtle (and evil) benefit to their concept.

They began with 200,000 shares. As people invest, they get more money. Which will allow them to buy more Bitcoins. Which increases the fundamental value of their stock.

So long as people arbitrage against their stock, the stock will self-sustain continued acquisition, which will continue to fuel an increase in value.

Can someone check my logic on this?  It seems as if, by attaching itself to the value of Bitcoin, then putting that asset on an exchange where billions are already traded, and arbitrage opportunities are seized, that this is an eventuality.

And Vladimir - which kidney do I have to give you to get a heads up on this sort of thing next time?  Grin
sr. member
Activity: 378
Merit: 250
July 03, 2013, 09:12:06 PM
here you go

# sha256 -s "a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013"
SHA256 ("a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013") = ee404466e9a7cd997aa09f64529dc3bef3e7314357f0e66795cf601beaa7b34e


Er, GNU coreutils sha256sum sez:


$ echo "a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013" | sha256sum
2ad1e2ee56307f7df4f6a043a25e4df5a30b2947f158503bfe113e66e26b7dd3  -


[blink] y u no match? [/blink]


I got this using an online sha256 tool : ee404466e9a7cd997aa09f64529dc3bef3e7314357f0e66795cf601beaa7b34e [blink]match![/blink]
legendary
Activity: 1148
Merit: 1001
July 03, 2013, 09:11:14 PM
So Vladimir you are obviously bullish on the Winklevii news.

Some people are just shrugging and do not seem so excited.  With the big fall of the BTC price today it seems it has had a negative affect on the price of BTC if anything at all.  (of course, I think perhaps this news may have kept he price from falling any further and most of the falling price was due to Mt. Gox Withdrawal issues)

All that said, what are your projections based on this news?  I am curious since you seem to have some insider info.


Worth noting from the wording (imho of course), Vlad also seems to have high confidence it will actually be approved.

FYI it will take 6-18 month to go from the initial filing to the ETF actually trading.

who cares- if it isn't approved, its submitted again, and if not in that country, in another etc, its coming, so run ye bears

I hope so.  I don't know how the price dipped after this news.  I think it is very bullish.  I would think it could send the price higher then ever.  But I am so often wrong on these things, unfortunately.
full member
Activity: 129
Merit: 100
July 03, 2013, 09:09:35 PM
probably a character or two missing or added

Or he just made it up?

No srsly, I'm really wondering what "sha256" program he's using.  Neither GNU coreutils (the sha256sum on every Linux box, every distro) nor the perl shasum script have a "-s" command line option.
full member
Activity: 205
Merit: 100
July 03, 2013, 09:09:16 PM
So Vladimir you are obviously bullish on the Winklevii news.

Some people are just shrugging and do not seem so excited.  With the big fall of the BTC price today it seems it has had a negative affect on the price of BTC if anything at all.  (of course, I think perhaps this news may have kept he price from falling any further and most of the falling price was due to Mt. Gox Withdrawal issues)

All that said, what are your projections based on this news?  I am curious since you seem to have some insider info.


Worth noting from the wording (imho of course), Vlad also seems to have high confidence it will actually be approved.

FYI it will take 6-18 month to go from the initial filing to the ETF actually trading.

who cares- if it isn't approved, its submitted again, and if not in that country, in another etc, its coming, so run ye bears
legendary
Activity: 1834
Merit: 1019
July 03, 2013, 09:08:21 PM
probably a character or two missing or added
full member
Activity: 129
Merit: 100
July 03, 2013, 09:07:10 PM
here you go

# sha256 -s "a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013"
SHA256 ("a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013") = ee404466e9a7cd997aa09f64529dc3bef3e7314357f0e66795cf601beaa7b34e


Er, GNU coreutils sha256sum sez:


$ echo "a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013" | sha256sum
2ad1e2ee56307f7df4f6a043a25e4df5a30b2947f158503bfe113e66e26b7dd3  -


[blink] y u no match? [/blink]
legendary
Activity: 1834
Merit: 1019
July 03, 2013, 09:05:31 PM
So Vladimir you are obviously bullish on the Winklevii news.

Some people are just shrugging and do not seem so excited.  With the big fall of the BTC price today it seems it has had a negative affect on the price of BTC if anything at all.  (of course, I think perhaps this news may have kept he price from falling any further and most of the falling price was due to Mt. Gox Withdrawal issues)

All that said, what are your projections based on this news?  I am curious since you seem to have some insider info.


Worth noting from the wording (imho of course), Vlad also seems to have high confidence it will actually be approved.

FYI it will take 6-18 month to go from the initial filing to the ETF actually trading.
legendary
Activity: 1148
Merit: 1001
July 03, 2013, 09:01:55 PM
So Vladimir you are obviously bullish on the Winklevii news.

Some people are just shrugging and do not seem so excited.  With the big fall of the BTC price today it seems it has had a negative affect on the price of BTC if anything at all.  (of course, I think perhaps this news may have kept he price from falling any further and most of the falling price was due to Mt. Gox Withdrawal issues)

All that said, what are your projections based on this news?  I am curious since you seem to have some insider info.
sr. member
Activity: 362
Merit: 250
July 03, 2013, 08:49:04 PM
This was an epic "I told you so" thread.

But it happens that "I told you so" is the most annoying thing to hear, so I hate you for that. [Although I recognise it is the most satisfying thing to say, so I would have done it too.]
legendary
Activity: 1764
Merit: 1002
July 03, 2013, 08:47:57 PM
Vladimir, what about putting that into a piece of text, timestamping it and give us the hash?

fair request.

SHA256

ee404466e9a7cd997aa09f64529dc3bef3e7314357f0e66795cf601beaa7b34e



here you go

# sha256 -s "a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013"
SHA256 ("a publicly traded bitcoin trust (similar to the SPDRs GLD Trust) Sat Mar 23 07:28:57 GMT 2013") = ee404466e9a7cd997aa09f64529dc3bef3e7314357f0e66795cf601beaa7b34e


FYI it will take 6-18 month to go from the initial filing to the ETF actually trading.

very nice. 
legendary
Activity: 1834
Merit: 1019
July 03, 2013, 08:47:23 PM
#99
LOL


So Vladimir, you are friends with Winklevii?

I remember when I could've bought shares from Bittalk Media Smiley
sr. member
Activity: 260
Merit: 250
July 03, 2013, 08:45:46 PM
#98
LOL


So Vladimir, you are friends with Winklevii?
legendary
Activity: 1834
Merit: 1019
July 03, 2013, 08:43:08 PM
#97
i like you  Smiley
hero member
Activity: 532
Merit: 500
March 26, 2013, 04:52:22 PM
#96
In 2 years, bitcoin is either well established and known currency or very much dead after another epic crash and disinterest. Nothing in between.
Lol,During the time period when I first read this forum this is exactly what individuals were saying after the crash and you know what happened I bought a good amount........the rest is history.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
March 26, 2013, 04:42:35 PM
#95
I believe this secretive OP thread over some kid with 3 posts trying to get BTC at a good price.
hero member
Activity: 658
Merit: 500
March 23, 2013, 09:18:59 AM
#94
This from the guy who has Bitcoins in the 6-digits worth USD in the 8-digits.

Your implying he has at least 200,000 Bitcoins? If so this guy is very very wealthy.



You can't cash out only lately can you drop >10000 coins without crashing the market.
Pages:
Jump to: