Topic: The next bubble is Wall St. (Read 3117 times)
We are all Just waiting on the first step in Wall Street implementation and that is the Winklevoss ETF, the moment that puppy gets approval by the SEC we are all going to be a very happy bunch. Another 10 billion dollars being injected into bitcoin would do absolute wonders.
I think wall street will come next year at the earliest, but maybe they'll even wait even longer.
wall street is pretty conservative i believe, so i don't think the next bubble is started or even fueled by wall street.
wall street is pretty conservative i believe, so i don't think the next bubble is started or even fueled by wall street.
Bitcoin is exactly what wall.st needs, they have both trading experts and enough fiat to dominate bitcoin price as they please.
I believe the only thing stopping them is the uncertinty of how the law will treat bitcoin in the future.
But walstreet always wants very hard structures and confusion around assets before they can invest. Bitcoin is too simple.
So they will probably need to make all kinds of structures around bitcoin rather than buying bitcoin directly.
I think wall street will come next year at the earliest, but maybe they'll even wait even longer.
wall street is pretty conservative i believe, so i don't think the next bubble is started or even fueled by wall street.
wall street is pretty conservative i believe, so i don't think the next bubble is started or even fueled by wall street.
Bitcoin is exactly what wall.st needs, they have both trading experts and enough fiat to dominate bitcoin price as they please.
I believe the only thing stopping them is the uncertinty of how the law will treat bitcoin in the future.
I think wall street will come next year at the earliest, but maybe they'll even wait even longer.
wall street is pretty conservative i believe, so i don't think the next bubble is started or even fueled by wall street.
wall street is pretty conservative i believe, so i don't think the next bubble is started or even fueled by wall street.
Well for me, it appears this weekend and the last week’s prices are clearly linked to the SR coins,
that in itself is clear evidence the market is not run by Chinese FUD but the important movements are now from the US.
The only movement from the Chinese will be how much they buy rather than what they sell.
So, could be some big movements when the auction prices are revealed, interesting times, Wall Street will show their hand soon if they are going to.
that in itself is clear evidence the market is not run by Chinese FUD but the important movements are now from the US.
The only movement from the Chinese will be how much they buy rather than what they sell.
So, could be some big movements when the auction prices are revealed, interesting times, Wall Street will show their hand soon if they are going to.
Chinese adopters are the same as American Libertarians. I hate to see their hopes dashed as policy and regulation completely smothers the love they feel for Bitcoin. It the case of Altcoins I feel it is much less clear cut and there will be some extreme opportunities there. I wonder if it will be posted here though..
True, they are looking to the US to shine the path
Well for me, it appears this weekend and the last week’s prices are clearly linked to the SR coins,
that in itself is clear evidence the market is not run by Chinese FUD but the important movements are now from the US.
The only movement from the Chinese will be how much they buy rather than what they sell.
So, could be some big movements when the auction prices are revealed, interesting times, Wall Street will show their hand soon if they are going to.
that in itself is clear evidence the market is not run by Chinese FUD but the important movements are now from the US.
The only movement from the Chinese will be how much they buy rather than what they sell.
So, could be some big movements when the auction prices are revealed, interesting times, Wall Street will show their hand soon if they are going to.
Chinese adopters are the same as American Libertarians. I hate to see their hopes dashed as policy and regulation completely smothers the love they feel for Bitcoin. It the case of Altcoins I feel it is much less clear cut and there will be some extreme opportunities there. I wonder if it will be posted here though..
Well for me, it appears this weekend and the last week’s prices are clearly linked to the SR coins,
that in itself is clear evidence the market is not run by Chinese FUD but the important movements are now from the US.
The only movement from the Chinese will be how much they buy rather than what they sell.
So, could be some big movements when the auction prices are revealed, interesting times, Wall Street will show their hand soon if they are going to.
that in itself is clear evidence the market is not run by Chinese FUD but the important movements are now from the US.
The only movement from the Chinese will be how much they buy rather than what they sell.
So, could be some big movements when the auction prices are revealed, interesting times, Wall Street will show their hand soon if they are going to.
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..
Because if businesses ever decide to trade wholesale to retail purchases or business to business purchases in bitcoin, the demand will become 1000x greater than it currently is. Right now, outside of Overstock, businesses just convert straight into fiat. If they ever hold bitcoin to do commerce between each other, bitcoin will be worth 5-6 figures.
Ok I understand increasing the loop and how important it is. Feedback will be much realer when that happens. I myself am putting alot of effort in Potcoin because I see things there as a new industry that doesn't need to change because its better. There simply arn't any solid alternatives. But man I see Bitcoin getting shunned for a while longer because of the way it has been man.
I expect Winklevoss ETF in 2014 or Q1 2015
But more important, the announcement when the ETF hits Nasdaq should come 2014. And thats where the fun begins imo.
i guess 2015/2016 are the wallstreet years. "today" we are bulding the ecosystem. and 2014 is a good VC year but we will see alot more i guess.
So you think Bitcoin will eventually fail?
Satoshi felt that bitcoin would end up with a huge transaction volume, or next to none. It remains to be seen, and could go either way.
I guess the bet is if the utility bitcoin adds outweighs the cost of supporting it.
True, I would be amazed if bitcoin would fail, but it essentially boils down to this.
It either has utility and is used all around the world on a large scale. Or it almost completely fails.
So you think Bitcoin will eventually fail?
Satoshi felt that bitcoin would end up with a huge transaction volume, or next to none. It remains to be seen, and could go either way.
I guess the bet is if the utility bitcoin adds outweighs the cost of supporting it.
exit the market before the final crash come.
Final crash?
So you think Bitcoin will eventually fail?
Last phase of bubble usually will make a lot of speculator wealthy.
Problem is hardly anyone able to exit the market before the final crash come.
Problem is hardly anyone able to exit the market before the final crash come.
Yes.
During the 80's, Nikkei index at around 20000 was already a bubble stage. Wise investors got out and it still went up to 40000 before crashing down more than 90%.
Last phase of bubble usually will make a lot of speculator wealthy.
Problem is hardly anyone able to exit the market before the final crash come.
Problem is hardly anyone able to exit the market before the final crash come.
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..
Because if businesses ever decide to trade wholesale to retail purchases or business to business purchases in bitcoin, the demand will become 1000x greater than it currently is. Right now, outside of Overstock, businesses just convert straight into fiat. If they ever hold bitcoin to do commerce between each other, bitcoin will be worth 5-6 figures.
Ok I understand increasing the loop and how important it is. Feedback will be much realer when that happens. I myself am putting alot of effort in Potcoin because I see things there as a new industry that doesn't need to change because its better. There simply arn't any solid alternatives. But man I see Bitcoin getting shunned for a while longer because of the way it has been man.
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..
Because if businesses ever decide to trade wholesale to retail purchases or business to business purchases in bitcoin, the demand will become 1000x greater than it currently is. Right now, outside of Overstock, businesses just convert straight into fiat. If they ever hold bitcoin to do commerce between each other, bitcoin will be worth 5-6 figures.
Ummm. That is what I was talking about. Not bartering, lol.
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..
Because if businesses ever decide to trade wholesale to retail purchases or business to business purchases in bitcoin, the demand will become 1000x greater than it currently is. Right now, outside of Overstock, businesses just convert straight into fiat. If they ever hold bitcoin to do commerce between each other, bitcoin will be worth 5-6 figures.
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..
Because if businesses ever decide to trade wholesale to retail purchases or business to business purchases in bitcoin, the demand will become 1000x greater than it currently is. Right now, outside of Overstock, businesses just convert straight into fiat. If they ever hold bitcoin to do commerce between each other, bitcoin will be worth 5-6 figures.
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 meAt present most bitcoins are owned and traded for speculation. Only a small amount is used by a handful of enthusiasts for purchases.
When enough retail business accept bitcoins, the demand from many new users should cause an enormous rise in the price.
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..
The Mother of All Bubbles will be when retail penetration reaches critical mass.
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
Bitcoin is like a penny stick at the moment
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"?
"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
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.
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!
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"?
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.
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.
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.
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
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.
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.
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.
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.
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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.
The "regulation" bubble?
Don't say things like this one out loud, you may reget it later as it may fulfillWhatever 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!
The "regulation" bubble?
Don't say things like this one out loud, you may reget it later as it may fulfill
The "regulation" bubble?
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. 
The next bubble as significant as Cyprus and China will be BTC traded on Wall St. IMHO
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