Gemini's launch and impact on Bitcoin price - page 2.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: Denker on October 09, 2015, 07:25:08 AM

Quote from: LFC_Bitcoin on October 09, 2015, 05:11:09 AM

Quote from: r0ach on October 09, 2015, 04:33:17 AM

Because banks take days to transfer money. How do you buy Bitcoin on an exchange the day the exchange opens if your money won't get there till 3 days later o_O

That's a damn good point, hopefully there's life in this thing yet. I have to be honest I was expecting a pump based on Gemini opening for business. Patience is key then maybe.

I'm glad that this did not happen.That what have been pretty sure a buy the rumor and sell the news case.
Give Gemini some time and let us see how it will develop. Furthermore I believe real action there will take place when their ETF will launch. Until then I expect nothing big.

Yes, why the hell a pump? Don't we realize that these pumps and then unavoidable dumps are just making us harm as a community. I am glad that we learned something from the Coinbase pump and dump and that the same mistake hasn't been repeated.

After all, just one exchange has opened up, an exchange that can't give immediate results but it will give results definitely in a long run.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: LFC_Bitcoin on October 09, 2015, 05:11:09 AM

Quote from: r0ach on October 09, 2015, 04:33:17 AM

Because banks take days to transfer money. How do you buy Bitcoin on an exchange the day the exchange opens if your money won't get there till 3 days later o_O

That's a damn good point, hopefully there's life in this thing yet. I have to be honest I was expecting a pump based on Gemini opening for business. Patience is key then maybe.

I'm glad that this did not happen.That what have been pretty sure a buy the rumor and sell the news case.
Give Gemini some time and let us see how it will develop. Furthermore I believe real action there will take place when their ETF will launch. Until then I expect nothing big.

thrax

sr. member

Activity: 253

Merit: 252

Has trading been stopped for the last 11 hours on Gemini, or have there just been o trades made? I can't find any trades for the last 11 hours. It must be open 24 hours a day because all the other exchanges are, and it couldn't compete if it didn't do the same. I looked on the Gemini twitter and it says nothing about a halt in trading.

Boxman90

hero member

Activity: 518

Merit: 500

Quote from: r0ach on October 09, 2015, 04:33:17 AM

Quote from: zby on October 09, 2015, 03:03:57 AM

Yesterday the volume there was 30BTC - https://cryptowat.ch/gemini/btcusd/1day - does not look serious.

Because banks take days to transfer money. How do you buy Bitcoin on an exchange the day the exchange opens if your money won't get there till 3 days later o_O

Because the exchange was open for many days before, only TRADING started officially yesterday. People had plenty of time to fund their accounts. Gemini is the flop of the year.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Quote from: r0ach on October 09, 2015, 04:33:17 AM

Because banks take days to transfer money. How do you buy Bitcoin on an exchange the day the exchange opens if your money won't get there till 3 days later o_O

That's a damn good point, hopefully there's life in this thing yet. I have to be honest I was expecting a pump based on Gemini opening for business. Patience is key then maybe.

dloghwak

sr. member

Activity: 290

Merit: 250

Quote from: r0ach on October 09, 2015, 04:33:17 AM

Quote from: zby on October 09, 2015, 03:03:57 AM

Yesterday the volume there was 30BTC - https://cryptowat.ch/gemini/btcusd/1day - does not look serious.

Because banks take days to transfer money. How do you buy Bitcoin on an exchange the day the exchange opens if your money won't get there till 3 days later o_O

A lot of people got an invite earlier, were they not able to transfer money?

Swordsoffreedom

legendary

Activity: 2884

Merit: 1115

Leading Crypto Sports Betting & Casino Platform

Quote from: folo on October 06, 2015, 03:47:13 PM

Hello everyone,

will, in your opinion, the launch of Gemini Exchange will have an impact on the Bitcoin price?

Pending Wall Street investors and capital in the launch
So perhaps if enough big capital latches onto them.

IT Will of course need to be linked to their ETF pending approval.

r0ach

legendary

Activity: 1260

Merit: 1000

Quote from: zby on October 09, 2015, 03:03:57 AM

Yesterday the volume there was 30BTC - https://cryptowat.ch/gemini/btcusd/1day - does not look serious.

Because banks take days to transfer money. How do you buy Bitcoin on an exchange the day the exchange opens if your money won't get there till 3 days later o_O

sekaiissobig

full member

Activity: 238

Merit: 100

Got any relationship with bitcoin??
What I can see is related with science and USA dollar.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Quote from: zby on October 09, 2015, 03:03:57 AM

Yesterday the volume there was 30BTC - https://cryptowat.ch/gemini/btcusd/1day - does not look serious.

The volume should be logically related to the users numbers and how much they want to trade , compared to other exchange Gemini only allow USA residents to register as far as I know and the others are worldwide so .. that's why I assume

dre1982

sr. member

Activity: 770

Merit: 284

★Bitvest.io★ Play Plinko or Invest!

Quote from: zby on October 09, 2015, 03:03:57 AM

Yesterday the volume there was 30BTC - https://cryptowat.ch/gemini/btcusd/1day - does not look serious.

Just give it a week. The early to say after 1 day that it isn't serious. Give the twins a week or two to let it work out.

zby

legendary

Activity: 1594

Merit: 1001

Yesterday the volume there was 30BTC - https://cryptowat.ch/gemini/btcusd/1day - does not look serious.

randy8777

legendary

Activity: 896

Merit: 1000

as expected nothing has happened to the price. i rather have this than people pumping the price hoping for fireworks and then start dumping as they get disappointed as nothing happened.

btcjoin14

hero member

Activity: 891

Merit: 500

Exciting days ahead, one way or the other.

TheGr33k

hero member

Activity: 518

Merit: 500

Quote from: folo on October 06, 2015, 03:47:13 PM

Hello everyone,

will, in your opinion, the launch of Gemini Exchange will have an impact on the Bitcoin price?

There's already many thread that are exactly similar to this thread, except they were well thought out, provide links and contribute something to the intellectual conversation that you're pretending to demand.. However I wouldn't expect much an impact, but possibly a slight bump up which would be only artificial, temporarily.

Omikifuse

legendary

Activity: 1834

Merit: 1009

No effect so far, good or bad.

I think not much people will go for Gemini because of all docs required for sign-up

Herbert2020

legendary

Activity: 1946

Merit: 1137

Gemini is just an exchange service. it can not have that big a effect on bitcoin price just by starting their service. it seems to be legit and with the license in NY but i don't see any of these a reason for price of bitcoin going up.
it goes up if they decide to pull a gox

Fiat_Hodler

full member

Activity: 196

Merit: 100

I guess either no one has any funds on there yet or there is no liquidity yet or it was a failure and no one signed up (would hurt to have paid for all their licencing fees and flopped).

IF they are a flop they should somehow sublease their licences to small traders. It is too difficult for small traders to get licences on a state level so this might actually be a good business model.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Anybody beat me to the *crickets* thing? I'm too ambivalent to look back. Sad

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: newcripto on October 08, 2015, 12:14:05 PM

Gemini's launch will have good impact on Bitcoin and it will help to spread the word about it more far.I will promote the Bitcoin and create awareness and let the common man know that Bitcoin is not something just virtual.I see it good thing happening an exchange to be located in New York city and to trade Bitcoin.

I don't just by launching some new exchange will impact on bitcoin prices. If some big companies starts selling their products for bitcoins then surely it will have a impact on bitcoin prices otherwise gemini will be another bitcoin exchange only. But still they have prove they are trust worthy first to use their services

Topic: Gemini's launch and impact on Bitcoin price - page 2. (Read 5209 times)