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Topic: Bitcoin Exchange Gemini Approved for Launch in New York - page 6. (Read 6836 times)

sr. member
Activity: 294
Merit: 250
DONT TRUST THIS EXCHANGE!!!

I DEPOSIT 50BTC AND THEY MASSIVE SCAM KEPT ALL MY BTC SAYS I PUT 0 IN BUT THEY LIE DONT TRUST THEM!
full member
Activity: 144
Merit: 101
Very good news
legendary
Activity: 1061
Merit: 1001
definitely good news
sr. member
Activity: 392
Merit: 250
So do we expct btc to raise? Gemini bros have enough overpiced BTCs to sell before buying from other markts

Clearly you don't understand how things like this work. These things take time, and if you think the winklevoss guys haven't been hedging their holdings this whole time then you are clearly none the wiser than the rest of the community who expect winklevoss to be the saviour.

Markets are created by the few, who want to make money from the many. They are a business.

We've had a completely different order of magnitude volume since the January low, and my guess is that they've been preparing for quite some time.
full member
Activity: 131
Merit: 100
I'm pleasantly surprised that Gemini is launching so quickly. I was under the impression it would take another couple of months. This is a good step forward, hopefully we will see that ETF follow soon.
full member
Activity: 196
Merit: 100
Digital Credits
Can't tell you how annoying it is as a New Yorker to be locked out of just about every current exchange. I welcome the news though I don't really care for the Winklevoss. I'll hold my nose as there are really no other options for easy USD withdrawal and deposit. Cryptsy wanted me to mail something called a check, whatever the hell that is, lol. I think my Grandparents use to use them while they walked 10 miles uphill in the snow to get to school.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
I suppose it's good in the sense that it grants more legitimacy and helps shed the "wild west" image of crypto, with their regulator-friendly approach.  But at the same time, I'm not one of those people who thinks we're off to the moon just because of an exchange launching.  Good news, but nothing to get overly excited about.

Yes, I agree with you. It gives us another legit exchange and it moves us even further from Mt. Gox fiasco and all the bad taste in the mouth that all that left us with.

It's even more important that this exchange might be used more by serious, business people. Stock exchange type of people. They love stuff like that and even need an exchange as legit as this to get into Bitcoin world. Let's not forget all the New York people that however got shaked up a bit by all of the BitLicense stuff.
full member
Activity: 132
Merit: 100
Bsupra C. Member
This should help Bitcoin, we need more stuff like this.
full member
Activity: 383
Merit: 100
well looks like they have pretty much demand, because they have a long queue of individual and institutional of people waiting to sign up on their site. the site is looks professional.

Does anyone know the list of states that are allowed to use gemini? I hope my state is one of them, because I hate dealing with circle and coinbase...

nothing information about their list of states. 26 states has been listed.
legendary
Activity: 3248
Merit: 1070
should help those that live there and where excluded from other major exchange like kraken and bitfinex if i'm not mistaken

i was expecting a better front to be honest, seems too generic...
full member
Activity: 168
Merit: 100
Good to see things like this happening in bitcoin world
legendary
Activity: 1274
Merit: 1000

Gemini, the much-anticipated bitcoin exchange led by entrepreneurs and investors Cameron and Tyler Winklevoss, has received approval from the New York State Department of Financial Services to begin serving US customers in 26 states as well as Washington, DC.

It's good to see this project moving forward, but I wish they took a stand againsty New York's ridiculous regulation environment and set up their business in a more btc friendly state.  Sure, NY is like the USA finance capital, but still, why build a bitcoin business in a state that is hostile to bitcoin?
sr. member
Activity: 435
Merit: 250
So do we expct btc to raise? Gemini bros have enough overpiced BTCs to sell before buying from other markts
legendary
Activity: 1316
Merit: 1004
Does anyone know the list of states that are allowed to use gemini? I hope my state is one of them, because I hate dealing with circle and coinbase...
sr. member
Activity: 770
Merit: 284
★Bitvest.io★ Play Plinko or Invest!
I suppose it's good in the sense that it grants more legitimacy and helps shed the "wild west" image of crypto, with their regulator-friendly approach.  But at the same time, I'm not one of those people who thinks we're off to the moon just because of an exchange launching.  Good news, but nothing to get overly excited about.

I don't think this need will fire BTC to the moon. But is finally some good news. The most news about Bitcoin is just negative publicity.
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
I suppose it's good in the sense that it grants more legitimacy and helps shed the "wild west" image of crypto, with their regulator-friendly approach.  But at the same time, I'm not one of those people who thinks we're off to the moon just because of an exchange launching.  Good news, but nothing to get overly excited about.
legendary
Activity: 1512
Merit: 1012
Will NY users flock to Gemini? I think they'll have a nice userbase, but the question is if investing to serve that userbase will be worth it in what concerns profit in the long run... I think they'll have success Smiley
legendary
Activity: 812
Merit: 1000

Ok good, i did think this was already approved but oh well its all good.  Would be nice to have any updates on ETF.
staff
Activity: 3500
Merit: 6152


After I made this thread couple of days ago : https://bitcointalksearch.org/topic/gemini-exchange-moves-toward-launch-with-twin-nydfs-approvals-1198349 , now seems like they got the full approval and they are ready to go .

Gemini, the much-anticipated bitcoin exchange led by entrepreneurs and investors Cameron and Tyler Winklevoss, has received approval from the New York State Department of Financial Services to begin serving US customers in 26 states as well as Washington, DC.


Article on Coindesk : http://www.coindesk.com/bitcoin-exchange-gemini-new-york/
Article on TechCrunch : http://techcrunch.com/2015/10/05/winklevoss-twins-receive-approval-to-launch-bitcoin-exchange-gemini/
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