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Topic: Bears Last Push? (Read 2163 times)

sr. member
Activity: 336
Merit: 250
July 31, 2014, 05:33:59 PM
#23
The GABI fund is a hedge fund for institutional investors only, i.e. pensions and retirement funds and those kind of big players. its 200 mil expected within 6 months, not a year, but still it could be just another drop in the bucket for immediate price jump events. its undeniable how bullish it is though, that these funds keep popping up. the fact that these people believe in bitcoin enough to invest millions in venture capital to bitcoin related projects is a clear sign we are not just going to crash into oblivion like the troll bears claim. bitcoin is here to stay.
full member
Activity: 210
Merit: 100
July 31, 2014, 01:43:49 PM
#22
Let's face it, the tension is building massively for a huge rally when the ETF goes live.  All the signs are there.

But when will it go live? No one even knows when it will be finally approved! It could take a year or so. I don't think we will see an ETF launching this year, man!

Uhm, well. The first investment funds start tomorrow.

http://www.coindesk.com/first-regulated-bitcoin-investment-fund-launch-island-jersey/

Well, to be fair they're not the first; more like fourth or fifth.  That aside, we don't know how it's structured.  We also don't know if they have any interest, have started buying yet.  They expect to have 200MM within a year  so it could really be a slow starter.



Yeah there already are some. But really, what's the difference between all of them actually? The Winklevii are trying to go for the NASDAQ, which is a pretty good idea, I guess?
legendary
Activity: 1512
Merit: 1000
July 31, 2014, 12:24:52 PM
#21
Let's face it, the tension is building massively for a huge rally when the ETF goes live.  All the signs are there.

But when will it go live? No one even knows when it will be finally approved! It could take a year or so. I don't think we will see an ETF launching this year, man!

Uhm, well. The first investment funds start tomorrow.

http://www.coindesk.com/first-regulated-bitcoin-investment-fund-launch-island-jersey/

Well, to be fair they're not the first; more like fourth or fifth.  That aside, we don't know how it's structured.  We also don't know if they have any interest, have started buying yet.  They expect to have 200MM within a year  so it could really be a slow starter.

legendary
Activity: 1473
Merit: 1086
July 31, 2014, 11:34:14 AM
#20
Let's face it, the tension is building massively for a huge rally when the ETF goes live.  All the signs are there.

But when will it go live? No one even knows when it will be finally approved! It could take a year or so. I don't think we will see an ETF launching this year, man!

Uhm, well. The first investment funds start tomorrow.

http://www.coindesk.com/first-regulated-bitcoin-investment-fund-launch-island-jersey/
full member
Activity: 168
Merit: 100
Bling Bling
July 31, 2014, 10:42:58 AM
#19
Let's face it, the tension is building massively for a huge rally when the ETF goes live.  All the signs are there.

But when will it go live? No one even knows when it will be finally approved! It could take a year or so. I don't think we will see an ETF launching this year, man!
sr. member
Activity: 952
Merit: 281
July 31, 2014, 10:37:34 AM
#18
Let's face it, the tension is building massively for a huge rally when the ETF goes live.  All the signs are there.
newbie
Activity: 14
Merit: 0
July 31, 2014, 10:35:01 AM
#17
Alright, so I'm supposed to start now?
If you want, we have nothing against you Grin

You know, people are putting a lot of pressure on me right now... It's not that easy  Embarrassed

Every bubble deals with bubble dysfunction at one point or another.

Yeah, people keep saying that. I don't really know what to do about that, though...
hero member
Activity: 728
Merit: 500
July 31, 2014, 10:26:45 AM
#16
Alright, so I'm supposed to start now?
If you want, we have nothing against you Grin

You know, people are putting a lot of pressure on me right now... It's not that easy  Embarrassed

Every bubble deals with bubble dysfunction at one point or another.
full member
Activity: 210
Merit: 100
July 31, 2014, 10:25:40 AM
#15
The bears that were partying the other day may now be pretty hungover, that's true. But we're not safe yet. We may just as well go back down again. And also visit places even more south!

The overall trend since Christmas has been down, so yeah.

Well, at Christmas we were still at bubble-levels, so what do you expect? It's quite well understood and accepted that a bubble has to wane off. I would've been surprised if it went the other way. It's not like this is the first time it happens. Newbies don't seem to get that.
newbie
Activity: 14
Merit: 0
July 31, 2014, 10:24:18 AM
#14
Alright, so I'm supposed to start now?
If you want, we have nothing against you Grin

You know, people are putting a lot of pressure on me right now... It's not that easy  Embarrassed
member
Activity: 72
Merit: 10
July 31, 2014, 10:16:08 AM
#13
The bears that were partying the other day may now be pretty hungover, that's true. But we're not safe yet. We may just as well go back down again. And also visit places even more south!

The overall trend since Christmas has been down, so yeah.
hero member
Activity: 742
Merit: 500
July 31, 2014, 10:04:41 AM
#12
Alright, so I'm supposed to start now?
If you want, we have nothing against you Grin
newbie
Activity: 14
Merit: 0
July 31, 2014, 10:01:32 AM
#11
Alright, so I'm supposed to start now?
full member
Activity: 210
Merit: 100
July 31, 2014, 10:01:05 AM
#10
The bears that were partying the other day may now be pretty hungover, that's true. But we're not safe yet. We may just as well go back down again. And also visit places even more south!
legendary
Activity: 1764
Merit: 1002
July 31, 2014, 09:58:39 AM
#9
yes, the last push.
legendary
Activity: 1511
Merit: 1072
quack
July 31, 2014, 02:57:06 AM
#8
Bull last breath. Good news are all out with little effect.

We'll see these good news in effect. Remember there are also several "bad news" like mining pools centralization, legal status of Bitcoin and a lot of coins to be sold (gox, sr).
full member
Activity: 235
Merit: 102
July 31, 2014, 12:49:15 AM
#7
Bull last breath. Good news are all out with little effect.
sr. member
Activity: 462
Merit: 250
July 30, 2014, 11:56:47 PM
#6
Yes, bitcoin bears could be pulling his last effort  Cheesy
hero member
Activity: 715
Merit: 500
July 30, 2014, 11:25:04 PM
#5
sell as fast as you still have a chance!

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get in.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.

Doh! I was hoping for integrity's sake that this was a joke, but unfortunately, it appears quite serious!

So with 2014 being by an order of magnitude the best year of media coverage, large merchant adoption, venture capital investment, fund creation, and bitcoin innovation, you mean to tell me that bitcoin is failing? I mean, yeah, some people said July would be the start of the next bubble. It wasn't. But I hardly think a short term deviation from the short term bull trend from the medium term down trend from the long term up trend is reason to get out. Step back. Take a moment. Think.
member
Activity: 112
Merit: 10
July 30, 2014, 11:08:58 PM
#4
sell as fast as you still have a chance!

Are there still people here who believe this is just "shaking out the weak hands" and that we're about to go to the moon?

Let's call it what it is. Bitcoin is failing. People are getting out. Moving on to other things.
The peak is over. This WAS the bubble you all were waiting for.

There isn't massive user adoption that will raise the price. Companies aren't standing in line to use Bitcoin. Wallstreet isn't dying to get in.
Everybody has been saying that to the point where everyone thought it was true Well it isn't. You've been lied to.

The price won't bounce back. Feel free to give me one valid reason why it should. You can't.

Smart money is getting out. Just like i just did. But i won't go away. I will keep on coming here to see how you fools will post charts every day to show how we are about to go to the moon while in the meantime the price goes down and down.
I will probably laugh as well.
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