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Topic: NY bitcoin hearing in some hours - how will it affect price? (Read 1787 times)

full member
Activity: 140
Merit: 100
Hoist the Colours

I have a bad feeling about this. I hope I am wrong. NY being a financial center it can send a precedent if it tries to curtail bitcoin trade.
newbie
Activity: 3
Merit: 0
Here we go...
member
Activity: 151
Merit: 36
the winklevoss guys are speaking NOW
hero member
Activity: 490
Merit: 500
Uuuh rally starting? Choo....choo...??
full member
Activity: 144
Merit: 100
sr. member
Activity: 308
Merit: 251
Giga
i expect positive news which will cause price to rally upwards, causing many here to be very angry, but the rally might not last long.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
Pretty sure it will drop the price


I expect FUD all around until February/March

Me too.
legendary
Activity: 1330
Merit: 1000
dafar consulting
Pretty sure it will drop the price


I expect FUD all around until February/March
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
Long term, it doesn't matter. If they are positive, price will go up. If they are negative, it means they consider it a threat and long term price will go up. Place your bets.

I'm betting that BTC will be worth way more next year this time.
legendary
Activity: 2268
Merit: 1278
Long term, it doesn't matter. If they are positive, price will go up. If they are negative, it means they consider it a threat and long term price will go up. Place your bets.
legendary
Activity: 3990
Merit: 4460
You're never too old to think young.
So much bearish FUD around... It's sad.

Actually, I think it's hilarious.



Bears can be so comical.
hero member
Activity: 490
Merit: 500
I'll be watching... but it starts at 11:30 AM and since its in NY its EST!

You're right! Sorry about that, I thought it was at 10.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
I'll be watching... but it starts at 11:30 AM and since its in NY its EST!
hero member
Activity: 490
Merit: 500
Here's the link to the webcast:

http://www.totalwebcasting.com/view/?id=nysdfs

Starts in half an hour. Hope they do stream it live!
full member
Activity: 230
Merit: 100
i think it's going to be positive. As long as it creates jobs and they can get tax revenue from it, I can't see why they wouldn't be in favor of it.

Also, keep in mind that in New York (although it is the financial capital of the world), being publicly against fat cats, large banks, and companies like western union is always good for politics.

The latest buzz is that new Mayor wants to tax the rich to help school kids.

http://www.reuters.com/article/2014/01/23/usa-newyork-prekindergarten-idUSL2N0KX21320140123
hero member
Activity: 490
Merit: 500
I was wondering, because last time the pump started actually before the hearing.
Are people feeling less bullish about the outcome today?

So much bearish FUD around... It's sad.

January 31st is getting closer, bears (soon-to-become-bulls) with pockets full of fiat are taking their positions and need to spread as much FUD as they can in the hopes of crashing the price to their buy-in price. It's pretty obvious what's happening around here, just see it for what it is and filter out all the crap. Something really big is coming and we can all feel it, and I'm not talking about a crash.

I totally agree! Thanks for the refreshing view!

hodlhodlhodlhodl!
legendary
Activity: 1246
Merit: 1000
I was wondering, because last time the pump started actually before the hearing.
Are people feeling less bullish about the outcome today?

So much bearish FUD around... It's sad.

January 31st is getting closer, bears (soon-to-become-bulls) with pockets full of fiat are taking their positions and need to spread as much FUD as they can in the hopes of crashing the price to their buy-in price. It's pretty obvious what's happening around here, just see it for what it is and filter out all the crap. Something really big is coming and we can all feel it, and I'm not talking about a crash.
hero member
Activity: 490
Merit: 500
I was wondering, because last time the pump started actually before the hearing.
Are people feeling less bullish about the outcome today?

So much bearish FUD around... It's sad.
hero member
Activity: 728
Merit: 500
Wow more excuses for the price to return to $820 again. It just doesn't stop!
sr. member
Activity: 462
Merit: 250
Wells Fargo is having their summit tonight as well. 
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