Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 21586. (Read 26609689 times)
June 03, 2015, 08:57:56 PM
June 03, 2015, 08:50:56 PM
Buy time is running out. This is not financial advice, but the only way to ensure you end up on the right side of the upcoming fork is to have control of the coins before the fork happens. This way you ensure that your coins will be spendable on both forks.
Alternately, you could just sell everything now and wait until one fork wins. There's a chance the price might run away from you before this whole thing resolves, but there's also a chance this whole thing just collapses under the weight of all the in-fighting and bickering.
Alternately, you could just sell everything now and wait until one fork wins. There's a chance the price might run away from you before this whole thing resolves, but there's also a chance this whole thing just collapses under the weight of all the in-fighting and bickering.
Hopefully the FUD being spread by the developers (how I love to say that!
) will subside, everybody will upgrade to some big-block version, and the fork will be uneventful, with the old branch dead at birth.But otherwise that is good advice. If you have coins in an exchange or some other place where you don't have all the private keys, then after the fork you may be able to withdraw only the version of coins that the service owner chose to work with.
One good outcome of the block size FUD campaign is the supply of coinage that will be removed from exchanges pre-fork.
June 03, 2015, 08:47:41 PM
I would've thought even the Winklevii themselves would've been cringing when they described the present set of exchanges they'd have to buy from.
'Well, there's this Bulgarian or Russian or Cyprus one. No one knows who runs it. You got this Slovenian one that's based out of a small box on a UK industrial estate. There's this Hong Kongy one that might using the code from an old site that raped its customers and claims to be in beta still. You've got Mt Gox which is the longest established... no, wait. Er, that's it.'
'Well, there's this Bulgarian or Russian or Cyprus one. No one knows who runs it. You got this Slovenian one that's based out of a small box on a UK industrial estate. There's this Hong Kongy one that might using the code from an old site that raped its customers and claims to be in beta still. You've got Mt Gox which is the longest established... no, wait. Er, that's it.'
They have such a list in their SEC filing document, in a lengthy section where they discuss the risks of the fund. One of the things that they fixed in the 5th amended filing was removing MtGOX from that list.
June 03, 2015, 08:44:56 PM
Buy time is running out. This is not financial advice, but the only way to ensure you end up on the right side of the upcoming fork is to have control of the coins before the fork happens. This way you ensure that your coins will be spendable on both forks.
Alternately, you could just sell everything now and wait until one fork wins. There's a chance the price might run away from you before this whole thing resolves, but there's also a chance this whole thing just collapses under the weight of all the in-fighting and bickering.
Alternately, you could just sell everything now and wait until one fork wins. There's a chance the price might run away from you before this whole thing resolves, but there's also a chance this whole thing just collapses under the weight of all the in-fighting and bickering.
Hopefully the FUD being spread by the developers (how I love to say that!
) will subside, everybody will upgrade to some big-block version, and the fork will be uneventful, with the old branch dead at birth.But otherwise that is good advice. If you have coins in an exchange or some other place where you don't have all the private keys, then after the fork you may be able to withdraw only the version of coins that the service owner chose to work with.
June 03, 2015, 08:35:48 PM
FWIW I'm seriously thinking to cut my loose at $200. I want to be ready for $1xx. 
This rift in the core developer camp is really starting to eat at me. I honestly don't know on what side of the debate I fall. I like Gavin, but tell me we're not becoming Ripple. Someone please tell me that.
Wasn't there some talk about an 8MB compromise? For regular users there is no "side" to take. If a hard fork lasts for more than a few hours we are really going to see both double and single digits. But they can't be that stupid. This rift in the core developer camp is really starting to eat at me. I honestly don't know on what side of the debate I fall. I like Gavin, but tell me we're not becoming Ripple. Someone please tell me that.
June 03, 2015, 08:18:12 PM
...
at this stage i pretty much forgot i even had a stash. ...
at this stage i pretty much forgot i even had a stash. ...
That's a bad strategy. Trust me, I know.
About 18 months ago, when the price was shooting up, I was glued to the charts. Until my pro trader buddy said "you're wrecking your nerves, bro, BTC's a long-term investment! Just forget about the price for a year or two."
Some friend, huh?
I hear ya. i'm not selling though. all my coins are stashed. i need to buy more so i can have some to trade with. i am mostly preparing for the economic collapse. i believe that is what its going to take before anything major happens. until then they will just keep doing the same stuff.
June 03, 2015, 07:58:28 PM
June 03, 2015, 07:57:28 PM
June 03, 2015, 07:52:34 PM
Don't worry, it's a Google test droid for their self-driving motorbikes
Ah. Cool. Fuck him, then.
June 03, 2015, 07:51:39 PM
I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).
Poor wee thing. There's no way in hell the SEC would let the ETF run without an ironclad exchange.
I would've thought even the Winklevii themselves would've been cringing when they described the present set of exchanges they'd have to buy from.
'Well, there's this Bulgarian or Russian or Cyprus one. No one knows who runs it. You got this Slovenian one that's based out of a small box on a UK industrial estate. There's this Hong Kongy one that might using the code from an old site that raped its customers and claims to be in beta still. You've got Mt Gox which is the longest established... no, wait. Er, that's it.'
Don't worry, it's a Google test droid for their self-driving motorbikes
EDIT : It has an embedded miner chip that captures all the imapct energy and hooks it up to the network. That crash was worth .0024BTC. Woulda been double if there was an explosion
June 03, 2015, 07:47:04 PM
Statements from the Winklevoss twins soon? They were just waiting on this Bitlic correct?
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Don't they have to wait for SEC approval for the ETF? Are they considering opening the Gemini exchange before the ETF?
If they are I suppose it will take quite some time to process their application for a bitLicense.
I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).
I haven't got a clue, but the bitLicense has taken so long to arrive that I'm dubious about how fast they will process applications for it. I suspect it might be at a snails pace, although I'm only guessing.
If they say the process costs 5k there's obviously a bit of work involved. I would be surprised if we saw it approved before sep-oct. But it looked like you can run your business while you're waiting for the application to be processed (I just can't find where I read that atm).
The license text says businesses must apply within 45 days, and can carry on operating until they are either refused or given a license.
Quote
A Person already engaged in Virtual Currency Business Activity must apply for a license in accordance with
this Part within 45 days of the effective date of this regulation. In doing so, such applicant shall be deemed in
compliance with the licensure requirements of this Part until it has been notified by the superintendent that its
application has been denied, in which case it shall immediately cease operating in this state and doing business
with New York State Residents.
this Part within 45 days of the effective date of this regulation. In doing so, such applicant shall be deemed in
compliance with the licensure requirements of this Part until it has been notified by the superintendent that its
application has been denied, in which case it shall immediately cease operating in this state and doing business
with New York State Residents.
June 03, 2015, 07:45:02 PM
I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).
Poor wee thing. There's no way in hell the SEC would let the ETF run without an ironclad exchange.
I would've thought even the Winklevii themselves would've been cringing when they described the present set of exchanges they'd have to buy from.
'Well, there's this Bulgarian or Russian or Cyprus one. No one knows who runs it. You got this Slovenian one that's based out of a small box on a UK industrial estate. There's this Hong Kongy one that might using the code from an old site that raped its customers and claims to be in beta still. You've got Mt Gox which is the longest established... no, wait. Er, that's it.'
June 03, 2015, 07:42:11 PM
Statements from the Winklevoss twins soon? They were just waiting on this Bitlic correct?
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Don't they have to wait for SEC approval for the ETF? Are they considering opening the Gemini exchange before the ETF?
If they are I suppose it will take quite some time to process their application for a bitLicense.
I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).
I haven't got a clue, but the bitLicense has taken so long to arrive that I'm dubious about how fast they will process applications for it. I suspect it might be at a snails pace, although I'm only guessing.
If they say the process costs 5k there's obviously a bit of work involved. I would be surprised if we saw it approved before sep-oct. But it looked like you can run your business while you're waiting for the application to be processed (I just can't find where I read that atm).
June 03, 2015, 07:33:05 PM
Dump your worthless tokens, buy some real money with it as it is still possbile.
You don´t have to suffer. Get reliefed of that cancer called Bitcoin. Enjoy life.
You don´t have to suffer. Get reliefed of that cancer called Bitcoin. Enjoy life.
at this stage i pretty much forgot i even had a stash. seems pointless to sell. and i am sure i can hold out at least another year or two, most likely longer.
June 03, 2015, 07:30:12 PM
let me know when it's buy time. i have problems staying motivated to read the forum when i am not active. i been sitting on coins for over a year. trading is the only time i really can be motivated to be involved.
Well, it's nice to see you here again. I don't think there's much point in trading now before we get some big moves, so unless the price moves to below the low 210s or beyond the high 240s it's probably not much point in staring at the charts atm. For the last couple of weeks finex's volume has been hovering right above the 5k mark most of the time. Even bots can't be bothered. So, IMO just jump on the wagon when a direction is confirmed.that probably why i haven't.. plus i wasn't able to buy anything for last couple months. and i wont trade with my stash. i dont have anything to trade with atm. i'm waiting on the summer chinese panic.
June 03, 2015, 07:24:29 PM
I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).
June 03, 2015, 07:21:52 PM
Statements from the Winklevoss twins soon? They were just waiting on this Bitlic correct?
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Don't they have to wait for SEC approval for the ETF? Are they considering opening the Gemini exchange before the ETF?
If they are I suppose it will take quite some time to process their application for a bitLicense.
I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).
I haven't got a clue, but the bitLicense has taken so long to arrive that I'm dubious about how fast they will process applications for it. I suspect it might be at a snails pace, although I'm only guessing.
June 03, 2015, 07:17:18 PM
Statements from the Winklevoss twins soon? They were just waiting on this Bitlic correct?
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Don't they have to wait for SEC approval for the ETF? Are they considering opening the Gemini exchange before the ETF?
If they are I suppose it will take quite some time to process their application for a bitLicense.
I would think they are releasing Gemini first in order to have a way to provide liquidity to the ETF. Please correct me if I'm way off (and not by just saying I'm way off).
June 03, 2015, 07:13:06 PM
Statements from the Winklevoss twins soon? They were just waiting on this Bitlic correct?
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Don't they have to wait for SEC approval for the ETF? Are they considering opening the Gemini exchange before the ETF?
If they are I suppose it will take quite some time to process their application for a bitLicense.
June 03, 2015, 07:07:34 PM
Statements from the Winklevoss twins soon? They were just waiting on this Bitlic correct?
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
Hopefully they say they are moving their business out of NY.
Still thinking we see a bit of a bump this evening.
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