There is a thread on it here.. Winklevoss on Bloomberg or something.
Not published per-se but when recently asked in London at some event when the ETF would be ready.. they apparently said. 6 months.. before cautiously saying 12 months.
So, between 6 and 12 months, reading between the lines.
Topic: Poll: Will Bitcoin price pass All Time High before year's end? (Read 3514 times)
November 04, 2013, 12:06:07 PM
as soon as the twins btc trust starts pumping 401k money into the exchanges we are off to the moon...
Has any more news been published about that recently? Anyone have any new info?
November 04, 2013, 02:23:24 AM
as soon as the twins btc trust starts pumping 401k money into the exchanges we are off to the moon...
November 03, 2013, 11:52:46 PM
there might be correction but it probably won't be as big as some people are expecting for few reasons: first there is many more people waiting for a correction and second a lot of people finally learned a lesson that it is way more profitable to just hold instead of playing gamble and hoping to buy back more for cheaper.
Still a lot of dumb money / weak hands entering the market. There will be corrections, to be sure, and how deep they are will depend more on price velocity I think. Not sure if I will be trying to trade them much, though.You call it dumb money because you were betting the market would go down.
Its like people dont think the market ever go to ATHs again. Yeah, everyone says to $1000 or to $10k, but people have a hard time believing $270.
We just had a correction and consolidation. Todays up trend was about as obvious as they come. I expect follow through this week.
Ok. Then I misunderstood your tone. I guess because you mentioned in this and another thread that you didn't feel confident trading, while I, on the other hand, thought the trend looked about as obvious as it could, I assumed (wrongly) that you were bearish.
November 03, 2013, 11:46:08 PM
there might be correction but it probably won't be as big as some people are expecting for few reasons: first there is many more people waiting for a correction and second a lot of people finally learned a lesson that it is way more profitable to just hold instead of playing gamble and hoping to buy back more for cheaper.
Still a lot of dumb money / weak hands entering the market. There will be corrections, to be sure, and how deep they are will depend more on price velocity I think. Not sure if I will be trying to trade them much, though.You call it dumb money because you were betting the market would go down.
Its like people dont think the market ever go to ATHs again. Yeah, everyone says to $1000 or to $10k, but people have a hard time believing $270.
We just had a correction and consolidation. Todays up trend was about as obvious as they come. I expect follow through this week.
November 03, 2013, 11:20:10 PM
there might be correction but it probably won't be as big as some people are expecting for few reasons: first there is many more people waiting for a correction and second a lot of people finally learned a lesson that it is way more profitable to just hold instead of playing gamble and hoping to buy back more for cheaper.
Still a lot of dumb money / weak hands entering the market. There will be corrections, to be sure, and how deep they are will depend more on price velocity I think. Not sure if I will be trying to trade them much, though.You call it dumb money because you were betting the market would go down.
Its like people dont think the market ever go to ATHs again. Yeah, everyone says to $1000 or to $10k, but people have a hard time believing $270.
We just had a correction and consolidation. Todays up trend was about as obvious as they come. I expect follow through this week.
November 03, 2013, 10:29:47 PM
The irony would be if bubble pops starting December 24th, depressing everyone until January 2nd.
Don't say that! You will jinx it. He's highly doubtful that it would reach it's highest. I think it's going to be dropping fairly soon.
November 03, 2013, 10:19:56 PM
there might be correction but it probably won't be as big as some people are expecting for few reasons: first there is many more people waiting for a correction and second a lot of people finally learned a lesson that it is way more profitable to just hold instead of playing gamble and hoping to buy back more for cheaper.
Still a lot of dumb money / weak hands entering the market. There will be corrections, to be sure, and how deep they are will depend more on price velocity I think. Not sure if I will be trying to trade them much, though.You call it dumb money because you were betting the market would go down.
Its like people dont think the market ever go to ATHs again. Yeah, everyone says to $1000 or to $10k, but people have a hard time believing $270.
November 03, 2013, 09:48:49 PM
The irony would be if bubble pops starting December 24th, depressing everyone until January 2nd.
November 03, 2013, 04:56:43 PM
btc to 1k this month.... or not
that would make it hard to handle !
November 03, 2013, 04:46:18 PM
btc to 1k this month.... or not
November 03, 2013, 02:50:08 PM
there might be correction but it probably won't be as big as some people are expecting for few reasons: first there is many more people waiting for a correction and second a lot of people finally learned a lesson that it is way more profitable to just hold instead of playing gamble and hoping to buy back more for cheaper.
Still a lot of dumb money / weak hands entering the market. There will be corrections, to be sure, and how deep they are will depend more on price velocity I think. Not sure if I will be trying to trade them much, though.You call it dumb money because you were betting the market would go down.
Its like people dont think the market ever go to ATHs again. Yeah, everyone says to $1000 or to $10k, but people have a hard time believing $270.
November 03, 2013, 02:48:13 PM
there might be correction but it probably won't be as big as some people are expecting for few reasons: first there is many more people waiting for a correction and second a lot of people finally learned a lesson that it is way more profitable to just hold instead of playing gamble and hoping to buy back more for cheaper.
Still a lot of dumb money / weak hands entering the market. There will be corrections, to be sure, and how deep they are will depend more on price velocity I think. Not sure if I will be trying to trade them much, though. November 03, 2013, 02:35:09 PM
there might be correction but it probably won't be as big as some people are expecting for few reasons: first there is many more people waiting for a correction and second a lot of people finally learned a lesson that it is way more profitable to just hold instead of playing gamble and hoping to buy back more for cheaper.
November 03, 2013, 01:58:55 PM
The media has been very optimistic these past couple of weeks, and the sheeple can't be far behind. ATH is definitely possible this year, $1000 by mid-2014, and $10000 by end of 2014. There will be corrections along the way.
November 03, 2013, 01:46:48 PM
we will see new ath next week. 
November 03, 2013, 11:27:38 AM
Yeah it will, then soon after spectacularly crash.
Haha. You are probably right.
I feel like most people 'bought in' to bitcoin think it's only a matter of time until it is worth $1000s, at least. In that case, the 'spectacular crash' you forecast is probably just going to be meta effects of others trying to speculate on the crash and pick up some cheap coins on the panic sell that could happen. I doubt it will get that far, tbh.
It's happened before. Actually a few times. It wouldn't surprise me. When it does happen you'll hear a lot of people stating this is the end of Bitcoin but it seems to bounce back everytime. If there is demand, there is value.
November 03, 2013, 11:22:24 AM
Yeah it will, then soon after spectacularly crash.
Haha. You are probably right.
I feel like most people 'bought in' to bitcoin think it's only a matter of time until it is worth $1000s, at least. In that case, the 'spectacular crash' you forecast is probably just going to be meta effects of others trying to speculate on the crash and pick up some cheap coins on the panic sell that could happen. I doubt it will get that far, tbh.
November 02, 2013, 07:05:51 PM
Yeah it will, then soon after spectacularly crash.
Haha. You are probably right.
November 02, 2013, 07:01:19 PM
Yeah it will, then soon after spectacularly crash.
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