Topic: this is why big Wallstreet money will NOT be coming in soon (Read 4507 times)
who cares about them screw em and their insider trading lol.
Agreed, I also want some more coins when they're still in this price range, anyone got some spare fiat? 
you know what I don't even want Wall Street money coming in right now I prefer the average joe to get in while things are still low u know?
exactly....let the billions come last when the supply is dry.
you know what I don't even want Wall Street money coming in right now I prefer the average joe to get in while things are still low u know?
LOL, I guess that's why we've got Secondmarket operating now, the Winklevoss twins working on their ETF, as well as countless other individuals in the financial industry holding large amounts of BTC.
I don't understand this fetish with getting "wall street into bitcoin" anyway. Everytime I see it brought it up, it's about 'setting something up so people can invest'. but 'investments' into bitcoin via buying some bitcoin derivative is not what we need and will not help bitcoin. What bitcoin needs is for every day people to have the ability to buy bitcoins (safely) and actually use them as a form of money on the internet, send them to other users, and use bitcoin's features. Bitcoin is supposed to be a form of money - not some kind of mutual fund investment scheme.
It's the same thing with people on this forum. Everyone is always talking about bitcoin like some kind of "investment". But I thought bitcoin was supposed to be the future of money and payments.
+1 It's the same thing with people on this forum. Everyone is always talking about bitcoin like some kind of "investment". But I thought bitcoin was supposed to be the future of money and payments.
What a sad state of affairs we are in that we call actually using bitcoin as an electronic payment network and a currency "ideology" - as if these things are second hand to price speculation and pumping. It's as if bitcoin has been swallowed up by a commercial borg of greedy people who want to use it as an advertising slogan just to get as much 'investor' money in, perform speculation, and profit off of other speculators, without neccessarily doing what is actually good for bitcoin and increasing its adoption. All these investment derivatives are just a construct surrounding bitcoin that doesn't really have anything to do with Bitcoin itself.
Without speculators, the all time high for BTC might still be below 25 cents.
I think their is some utility in the system but your right the speculators are grinding the wheels, but the whole fundamental development to actually make the system useful part adds some value.
What a sad state of affairs we are in that we call actually using bitcoin as an electronic payment network and a currency "ideology" - as if these things are second hand to price speculation and pumping. It's as if bitcoin has been swallowed up by a commercial borg of greedy people who want to use it as an advertising slogan just to get as much 'investor' money in, perform speculation, and profit off of other speculators, without neccessarily doing what is actually good for bitcoin and increasing its adoption. All these investment derivatives are just a construct surrounding bitcoin that doesn't really have anything to do with Bitcoin itself.
Without speculators, the all time high for BTC might still be below 25 cents.
What makes you think you can use the population of the world in a calculation like that? Most human beings are either too dumb or too poor to even operate a computer let alone operate something like bitcoin.
That's why I said first world. The rich billion. Is it too much to assume that among this billion we can find one percent that's smart enough to figure out how to buy bitcoin and rich enough to spend $600 on it? How many students are there in US and EU? And young professionals?
I think wall street doesn't just want in they want control and first dibs on the market. That is my feeling on it and I'm talking about the big money not the average investor.
Now I understand why banks are mostly trustworthy, because they are backed by a bailout (in worst case the government will use tax payer's money to bailout the bank so that investors won't take a hit)
If twins just disappear, no one can compensate the investors, this is a big issue! It seems the institutional investors will not buy twin's ETF, they will buy bitcoins by themselves
If twins just disappear, no one can compensate the investors, this is a big issue! It seems the institutional investors will not buy twin's ETF, they will buy bitcoins by themselves
It's the same thing with people on this forum. Everyone is always talking about bitcoin like some kind of "investment". But I thought bitcoin was supposed to be the future of money and payments.
Wouldn't it seem though that since its supply is limited, it seems very reasonable to place such speculative weight on its value now?It seems to be reasonable. Cue the many parallels that bitcoin has with gold. I realize there are also parallels that bitcoin does not have with gold that are relevant, also.
YoFudMo or whatever your name is ...its all FUD
enjoy your 5 seconds in the sun
Check out ATLAS ...these guys are the real deal
http://forexmagnates.com/atlas-ats-brings-wall-street-grade-crypto-currency-platform-and-adds-options-trading/
OPTIONS & LEVERAGE ...Yay !!!!!!
FINCEN & MSB (Money service business) like put that in your pipe and smoke it !!!
WALL STREET are already here dufus !!
enjoy your 5 seconds in the sun
Check out ATLAS ...these guys are the real deal
http://forexmagnates.com/atlas-ats-brings-wall-street-grade-crypto-currency-platform-and-adds-options-trading/
OPTIONS & LEVERAGE ...Yay !!!!!!
FINCEN & MSB (Money service business) like put that in your pipe and smoke it !!!
WALL STREET are already here dufus !!
thats site looks like link spam. just sayin'
not that I think wall st *isn't* coming...
hmm... it passed the "GOOGLE" test ...lolz
I think the simple test is to confirm that ATLAS have a fincen/MSB lic etc for USA
A couple of things for the public as i have been getting into day trading FOREX and i thought i would share some thoughts
FOREX being unregulated has had and still does have a similar shady/dodgy practices as does bitcoin etc
FOREX have had their GOX events & apparently as of a couple days ago a major gold bullion broker just went down GOX style ...lolz (story was they where trading gold furtures with their customers money.. and not doing a very good job ..lolz)
My point is which made me feel a bit warm inside is that scammers are everywhere & not just a crypto disease...i know you know but i just wanted to make a point as much to myself as to others
The fudsters have had their 15 seconds of fame and its time for the rocket ship to leave the station
OPTIONS...LEVERAGE ... AWESOME ...these guys maybe 3rd or 4th string wall street types but hey I am happy with what we have got.. we just need a platform/instrument that is fast and provides a service
YoFudMo or whatever your name is ...its all FUD
enjoy your 5 seconds in the sun
Check out ATLAS ...these guys are the real deal
http://forexmagnates.com/atlas-ats-brings-wall-street-grade-crypto-currency-platform-and-adds-options-trading/
OPTIONS & LEVERAGE ...Yay !!!!!!
FINCEN & MSB (Money service business) like put that in your pipe and smoke it !!!
WALL STREET are already here dufus !!
enjoy your 5 seconds in the sun
Check out ATLAS ...these guys are the real deal
http://forexmagnates.com/atlas-ats-brings-wall-street-grade-crypto-currency-platform-and-adds-options-trading/
OPTIONS & LEVERAGE ...Yay !!!!!!
FINCEN & MSB (Money service business) like put that in your pipe and smoke it !!!
WALL STREET are already here dufus !!
thats site looks like link spam. just sayin'
not that I think wall st *isn't* coming...
Problem is do we need wallstreet money from brokers or money from investors.
More interesting idea is will they adapt bitcoin for transactions.
More interesting idea is will they adapt bitcoin for transactions.
I think that the most important problem will be the bitcoins history and transparency issues.
When bitcoin will get government approval and regulatory framework with institutional funding, and some successful drug dealer/comp. cracker/confidence man dumps 1mil. BTC on the markets, reducing the price to single digits or less, then who do you think the people will blame?
Of course the government and the institutions that channeled the bitcoin investments. The big fish who have it going good already, would not want to take this risk because there is no way of knowing on who owns the most of the old coins and what are his plans with those coins.
When bitcoin will get government approval and regulatory framework with institutional funding, and some successful drug dealer/comp. cracker/confidence man dumps 1mil. BTC on the markets, reducing the price to single digits or less, then who do you think the people will blame?
Of course the government and the institutions that channeled the bitcoin investments. The big fish who have it going good already, would not want to take this risk because there is no way of knowing on who owns the most of the old coins and what are his plans with those coins.
yee haa!! let them long and short with leverage!! let them paper short 21 million bitcoins while the others go long 21 million bitcoins, and see what happens.
YoFudMo or whatever your name is ...its all FUD
enjoy your 5 seconds in the sun
Check out ATLAS ...these guys are the real deal
http://forexmagnates.com/atlas-ats-brings-wall-street-grade-crypto-currency-platform-and-adds-options-trading/
OPTIONS & LEVERAGE ...Yay !!!!!!
FINCEN & MSB (Money service business) like put that in your pipe and smoke it !!!
WALL STREET are already here dufus !!
enjoy your 5 seconds in the sun
Check out ATLAS ...these guys are the real deal
http://forexmagnates.com/atlas-ats-brings-wall-street-grade-crypto-currency-platform-and-adds-options-trading/
OPTIONS & LEVERAGE ...Yay !!!!!!
FINCEN & MSB (Money service business) like put that in your pipe and smoke it !!!
WALL STREET are already here dufus !!
What makes you think you can use the population of the world in a calculation like that? Most human beings are either too dumb or too poor to even operate a computer let alone operate something like bitcoin.
You cant, its assinine to think that even 50% of the worlds population could be into and use bitcoin as a primary form of currency due to age (young and old), general computer literacy, being poor and no computer access let alone internet access.
In terms of big wall street money the liquidity just isnt in the market for them to enter, big funds don't throw a few mill at something if there buying they're buying in properly.
What makes you think you can use the population of the world in a calculation like that? Most human beings are either too dumb or too poor to even operate a computer let alone operate something like bitcoin.
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