The next bubble is Wall St. - page 2.

vleroybrown

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This is who we are.

Quote from: JimboToronto on June 28, 2014, 07:34:32 PM

The Mother of All Bubbles will be when retail penetration reaches critical mass.

I am not sure why man. Please feel free to explain to me but as a typical economic evaluation goes, The purchasing power is trending up, Transaction costs only has a slight advantage in the international markets, and the aggregate demand curve is not all that. What policy planning will change any of that in a quantifiable way lol. Using bitcoin as a medium of exchange is not why the majority of the buys have been made..

JimboToronto

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You're never too old to think young.

The Mother of All Bubbles will be when retail penetration reaches critical mass.

twiifm

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Wall Street is a pretty big industry. Theres no way any mutual funds are going to get into bitcoin at the moment. Maybe some small hedge funds. But even then its doubtful

Bitcoin is like a penny stick at the moment

BuildTheFuture

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Quote from: Alonzo Ewing on June 28, 2014, 04:58:13 PM

There's a simple easy "positive framework" that Lawsky can come out with. Heck he could've done it a year ago:

"Do not defraud people. Do not steal from people. If you do, you go to jail."

That's it. Anything beyond that is crony capitalism.

What's the likelihood Lawsky comes out with this simple easy "positive framework"?

Zero, and that's actually good news Grin

I'd much rather see some larger players jump in, but they won't do it until there is enough of a hurdle in place to create an economic moat and keep competition down to a reasonable level. Plus: newb BTC buyers gotta be reassured.

vleroybrown

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This is who we are.

I'm not even sure why the deflation of Bitcoin, or the truly free market that finally lets some of the inflation of the worlds fractional fiat be thrown into context with something, is looked forward too. I frankly am petrified of how I will take care of my family when the bottom falls out of the mascarade that is Wall Street/central banking world wide. If Wall Street moves hard into Bitcoin, I will be moving all of it into another coin before there is another Executive Order 6102 concerning BTC. And as far as the price pair with usd or yuan whatever, it doesn't matter when you are long, and understand what the way of real world wide adoption at a exponential growth indicative of past technological growth rates, will potentially make happen. The growth of real Change won't be a campaign slogan, it very quickly will become a necessary ability of all the people of the world!

Alonzo Ewing

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Quote from: tabnloz on June 28, 2014, 04:48:25 AM

Whatever one's personal views are on regulation, if Lawsky comes out with positive framework, that should be the catalyst for Wall St money to openly pour into the space. That will increase the price. Unfortunately regualtion seems to act more to protect a precious few than stop people being ripped off (SEC being a good example).

Happy for someone to give me a more informed opinion!

There's a simple easy "positive framework" that Lawsky can come out with. Heck he could've done it a year ago:

"Do not defraud people. Do not steal from people. If you do, you go to jail."

That's it. Anything beyond that is crony capitalism.

What's the likelihood Lawsky comes out with this simple easy "positive framework"?

cosmicapex

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Quote from: gentlemand on June 28, 2014, 09:31:35 AM

Wall St will eventually create investment vehicles that'll allow regular folks to stick some money in without any sketchiness. That is where upswing territory may lie.

This.

Most regular investors aren't as impatient as the people on this forum who are ridiculously hype-driven & overly impulsive. I'm hoping there's a good amount of regular investors looking at Bitcoin, but with the ETF around the corner (relatively, most investors are investing for long-term compared to Bitcoin's lifespan), they're waiting for a "legit" investment vehicle that lets them expose their portfolio to Bitcoin.

gentlemand

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Welt Am Draht

Wall St will eventually create investment vehicles that'll allow regular folks to stick some money in without any sketchiness. That is where upswing territory may lie.

Dalmar

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The April '13 and China bubbles were fueled by dumb money. I doubt Wall Street will be panic buying like those previous bubbles. For all we know they could already be invested and are waiting for the next hype to dump on the new retail investors.

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: yrtrnc on June 28, 2014, 03:39:03 AM

The next bubble as significant as Cyprus and China will be BTC traded on Wall St. IMHO

I agree with you on that one.
People keep hoping the price will rise multiple times , soly on trades were doing now, but you cant move a 8 billion market with regular folks.
Wall. st. is definetly the kind of a breakthrough we need to see new ATH, and i believe its only a matter of time when that will hapen.

cheers

coinsolidation

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Quote from: thresher on June 28, 2014, 07:57:10 AM

Maybe those scumbag OPEC assholes will price barrels in bitcoin.
If they buy btc first, they profit from their btc, they profit from their oil, and they get to fuck everyone even harder than they normally do.
Isn't their goal profit and fucking everyone lol.

that was beautiful.

thresher

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Quote from: Swordsoffreedom on June 28, 2014, 05:42:00 AM

Quote from: yrtrnc on June 28, 2014, 03:39:03 AM

The next bubble as significant as Cyprus and China will be BTC traded on Wall St. IMHO

Woops pressed panic and sell because I was thinking the Nasdaq and all the stocks are up to 2008 highs on the price of oil and not real economic growth ^_^
But I guess if Bitcoin came in that would be a new emergeance so it would be resilient initially to that.

Maybe those scumbag OPEC assholes will price barrels in bitcoin.
If they buy btc first, they profit from their btc, they profit from their oil, and they get to fuck everyone even harder than they normally do.
Isn't their goal profit and fucking everyone lol.

Ilsk

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Wall st. can be a bubble in the future, but we have to wait, there's no way bitcoin will come on wall st. any time soon.

Swordsoffreedom

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Quote from: yrtrnc on June 28, 2014, 03:39:03 AM

The next bubble as significant as Cyprus and China will be BTC traded on Wall St. IMHO

Woops pressed panic and sell because I was thinking the Nasdaq and all the stocks are up to 2008 highs on the price of oil and not real economic growth ^_^
But I guess if Bitcoin came in that would be a new emergeance so it would be resilient initially to that.

tabnloz

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Quote from: SirChiko on June 28, 2014, 04:07:38 AM

Quote from: tabnloz on June 28, 2014, 04:05:59 AM

The "regulation" bubble?

Don't say things like this one out loud, you may reget it later as it may fulfill

Whatever one's personal views are on regulation, if Lawsky comes out with positive framework, that should be the catalyst for Wall St money to openly pour into the space. That will increase the price. Unfortunately regualtion seems to act more to protect a precious few than stop people being ripped off (SEC being a good example).

Happy for someone to give me a more informed opinion!

SirChiko

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Quote from: tabnloz on June 28, 2014, 04:05:59 AM

The "regulation" bubble?

Don't say things like this one out loud, you may reget it later as it may fulfill

tabnloz

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The "regulation" bubble?

SirChiko

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Quote from: yrtrnc on June 28, 2014, 03:39:03 AM

The next bubble as significant as Cyprus and China will be BTC traded on Wall St. IMHO

Sadly it seems like they are really getting involved slowly...it could be big bubble but i'm not sure if it would happen this year.

yrtrnc

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The next bubble as significant as Cyprus and China will be BTC traded on Wall St. IMHO

Topic: The next bubble is Wall St. - page 2. (Read 3096 times)