Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21199. (Read 26711444 times)
July 24, 2015, 07:02:20 PM
July 24, 2015, 07:02:16 PM
July 24, 2015, 07:00:58 PM
Gemini is a neccessary requirement for the ETF as it will be the connection to the market.
How is that ?
The ETF has to buy every BTC that is bought at Wallstreet in the "real" BTC markets. Every share of the ETF has to be underlaid by BTCs. In their proposal at the SEC they explained that those BTC will be bought at the usual BTC markets. Given Gemini is their own exchange its obv that they will likely use Gemini to fill orders from Wallstreet.
So you see? Gemini is an important requirement for the ETF.
July 24, 2015, 06:59:20 PM
Gemini will be a "fully regulated, fully compliant" exchange with major fiat backing (Winklevoss twins) They also have a major stake in Bitcoin with a reported 1-2 percent of there assets in BTC.
The Twins seem serious and motivated to "Make Bitcoin bigger then Facebook".
If sombody will make BTC "Mainstream" it will be them.
Yeah but is this just a U.S thing only? Most exchanges are awful with Euro, pound sterling etc.
Apart from in the U.S. it's pretty shitty for the average person to buy bitcoins.
This has most likely been mentioned 100s of times but if the winkles have that much what's to stop them dumping on Gemini?
Not trolling, just asking.
I think the traded currency doesn't matter that much, it's how accessible an exchange is from where you are what matters. Like, not having to send an expensive wire to transfer fiat funds. Kraken is perfect for EUR<>BTC in Europe, so is Bitstamp even though they trade USD<>BTC. I live in the Netherlands, and I can fund Clevercoin or Bitonic instantly with Euros if I am in a hurry to buy BTC. So, buying with Euros is easy, fast, and cheap.
July 24, 2015, 06:56:59 PM
The winklevii already have investors ready to buy as soon as they go live. They know alot of high power people.
I don't doubt they know powerful people but powerful people are "usually" powerful as they are fairly intelligent.
Now, I am mildly semi intelligent and I know if I were them I'd buy before Gemini is launched and the price potentially rises.
Why wait for the winkles?
I am not sold on this Gemini exchange doing much at all to the price. Not moon bound anyway but............
I really hope I am wrong and everyone points and laughs at me.
There is nothing new anymore about a regulated exchange. And with the swedish ETN the Twinkletossers ETF has lost much of it's novelty. But they somehow get all the media and all the fat cats to listen to them. Often just to point and laugh, but listen they do.
Don't get me wrong. I still think a fully regulated ETF listed in NY is a big deal, just not as big as it was. And with the other exchanges, the ETN and general acceptance of BTC in financial circles, we don't need the Facepalm Bros to launch this mofo.
Sorry, but you are completely wrong here saying that the Swedish ETN ruins the COIN ETFs novelty. ETNs do not = ETFs, not even close
ETNs are not nearly as secure and transparent ETFs. ETFs actually hold the underlying asset being tracked and ETNs simply follow the price. This gives people much more confidence in using ETFs to earn returns versus ETNs. If the company that runs the ETN goes out of business the ETN would become worthless (ETN = unsecured debt), but with an ETF there are actual assets backing the investors purchases so they have much more security.
July 24, 2015, 06:56:30 PM
July 24, 2015, 06:56:01 PM
Gemini is a neccessary requirement for the ETF as it will be the connection to the market.
How is that ?
July 24, 2015, 06:51:56 PM
0
July 24, 2015, 06:51:16 PM
Well well is finally happening lol... we have been taunted now for 3 weeks! 
July 24, 2015, 06:49:29 PM
Stamp making moves but no one else following.....
Europe is pumping and China is dumping same old same old.. China always win the late night battles, no big suprise really.
July 24, 2015, 06:49:16 PM
The winklevii already have investors ready to buy as soon as they go live. They know alot of high power people.
I don't doubt they know powerful people but powerful people are "usually" powerful as they are fairly intelligent.
Now, I am mildly semi intelligent and I know if I were them I'd buy before Gemini is launched and the price potentially rises.
Why wait for the winkles?
I am not sold on this Gemini exchange doing much at all to the price. Not moon bound anyway but............
I really hope I am wrong and everyone points and laughs at me.
There is nothing new anymore about a regulated exchange. And with the swedish ETN the Twinkletossers ETF has lost much of it's novelty. But they somehow get all the media and all the fat cats to listen to them. Often just to point and laugh, but listen they do.
Don't get me wrong. I still think a fully regulated ETF listed in NY is a big deal, just not as big as it was. And with the other exchanges, the ETN and general acceptance of BTC in financial circles, we don't need the Facepalm Bros to launch this mofo.
Agreed. The twins have been slow, I don't see Gemini pushing the price higher..
But I've read a lot of good news lately. They will get priced in, sooner or later.
The pumps need some pretext to happen, or people will realize that they are pure manipulation, so Gemini will have some short term effect on prices
July 24, 2015, 06:45:59 PM
Gemini is a neccessary requirement for the ETF as it will be the connection to the market.
July 24, 2015, 06:39:57 PM
Countdown time again,
5
5
July 24, 2015, 06:39:34 PM
The winklevii already have investors ready to buy as soon as they go live. They know alot of high power people.
I don't doubt they know powerful people but powerful people are "usually" powerful as they are fairly intelligent.
Now, I am mildly semi intelligent and I know if I were them I'd buy before Gemini is launched and the price potentially rises.
Why wait for the winkles?
I am not sold on this Gemini exchange doing much at all to the price. Not moon bound anyway but............
I really hope I am wrong and everyone points and laughs at me.
There is nothing new anymore about a regulated exchange. And with the swedish ETN the Twinkletossers ETF has lost much of it's novelty. But they somehow get all the media and all the fat cats to listen to them. Often just to point and laugh, but listen they do.
Don't get me wrong. I still think a fully regulated ETF listed in NY is a big deal, just not as big as it was. And with the other exchanges, the ETN and general acceptance of BTC in financial circles, we don't need the Facepalm Bros to launch this mofo.
Agreed. The twins have been slow, I don't see Gemini pushing the price higher..
But I've read a lot of good news lately. They will get priced in, sooner or later.
July 24, 2015, 06:37:01 PM
Stamp making moves but no one else following.....
July 24, 2015, 06:20:41 PM
I know i have been here for a long time and i see similar posts.
Where do you get these charts ?
I am really interested lol
Click in explanation. Chances are you will find a explanation about something, maybe related to the graphs
July 24, 2015, 06:16:16 PM
The winklevii already have investors ready to buy as soon as they go live. They know alot of high power people.
I don't doubt they know powerful people but powerful people are "usually" powerful as they are fairly intelligent.
Now, I am mildly semi intelligent and I know if I were them I'd buy before Gemini is launched and the price potentially rises.
Why wait for the winkles?
I am not sold on this Gemini exchange doing much at all to the price. Not moon bound anyway but............
I really hope I am wrong and everyone points and laughs at me.
There is nothing new anymore about a regulated exchange. And with the swedish ETN the Twinkletossers ETF has lost much of it's novelty. But they somehow get all the media and all the fat cats to listen to them. Often just to point and laugh, but listen they do.
Don't get me wrong. I still think a fully regulated ETF listed in NY is a big deal, just not as big as it was. And with the other exchanges, the ETN and general acceptance of BTC in financial circles, we don't need the Facepalm Bros to launch this mofo.
The ETF is another animal than the ETN.
Nevertheless the biggest pricedriver will be the halving and the months before halving.
July 24, 2015, 06:14:27 PM
The winklevii already have investors ready to buy as soon as they go live. They know alot of high power people.
I don't doubt they know powerful people but powerful people are "usually" powerful as they are fairly intelligent.
Now, I am mildly semi intelligent and I know if I were them I'd buy before Gemini is launched and the price potentially rises.
Why wait for the winkles?
I am not sold on this Gemini exchange doing much at all to the price. Not moon bound anyway but............
I really hope I am wrong and everyone points and laughs at me.
Well for starters , people with a lot of money are not going to risk jumping in without all the "proper stuff" online. Sure, some dabble in it I am sure, but even with coinbase which if pretty decent IMO, there is plenty of room for improvement.
Plus dropping a million bucks into BTC would make the market go stinking nuts. Im sure you could buy up an order book rather easy with that kind of money.
So in the end, I believe the big boys are on the sidelines still, they need security.
July 24, 2015, 06:09:54 PM
I can absolutely 100% guarantee that at least one government will use Bitcoin as its currency.
Elaborate this more please, Elwar.
Thank you.
Can't yet.
Hasn't Liberland declared Bitcoin their national currency?
http://insidebitcoins.com/news/liberland-europes-newly-formed-country-to-use-bitcoin/31979
Not much, but it's a start.
July 24, 2015, 06:02:19 PM
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