Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23868.

Silverspoon

member

Activity: 112

Merit: 10

Quote from: dakota neat on December 31, 2014, 11:46:19 AM

Quote from: Silverspoon on December 31, 2014, 11:41:53 AM

I'm sensing enthusiasm, gentlemen. This thing is getting ready to ~~blow~~ launch, last call!

Have you finally bought your 2 coins? Roll Eyes

Nah, just ribbin' the true believers. Enjoy seeing a spark of hope in their eyes only to be drowned out by their tears just moments later.
Flux. Life. Is that so wrong?

jertsy

sr. member

Activity: 341

Merit: 250

Quote from: tsm13 on December 31, 2014, 11:45:44 AM

based on the filed in 2013 its 1mil shares worth 0.2 btc each with price point at $100/btc and propose IPO share price of 20$/share

Based on this alone, thats 200k BTC valuation irrespective of $$. I dont really know a whole lot about this but would Winkle's have to physical prove that they have in their possession 200k btc worth to file this with the SEC?

Wasn't there some alrge movement of btc in the last few months, would this account to proving ownership?

They don't have to move any coins to prove ownership, they only have to sign a message from an address holding the coins.

phoenix1

hero member

Activity: 798

Merit: 1000

OMG !! OMG !! ETF Amendment number 4 rejected, 5th one submitted, still no approval, BUY EVERYTHING !! Roll Eyes

Quote from: p4n on December 31, 2014, 11:46:43 AM

just another paypal/microsoft thing... i would be worried if i had some shorts open now, short squeeze is incoming.

At least those were actually significant news ... worthy of a trap !!
This looks like the holiday staff at marketwatch desperately seeking a story

p4n

full member

Activity: 167

Merit: 100

just another paypal/microsoft thing... i would be worried if i had some shorts open now, short squeeze is incoming.

dakota neat

hero member

Activity: 658

Merit: 500

Quote from: Silverspoon on December 31, 2014, 11:41:53 AM

I'm sensing enthusiasm, gentlemen. This thing is getting ready to ~~blow~~ launch, last call!

Have you finally bought your 2 coins? Roll Eyes

tsm13

member

Activity: 95

Merit: 10

based on the filed in 2013 its 1mil shares worth 0.2 btc each with price point at $100/btc and propose IPO share price of 20$/share

Based on this alone, thats 200k BTC valuation irrespective of $$. I dont really know a whole lot about this but would Winkle's have to physical prove that they have in their possession 200k btc worth to file this with the SEC?

Wasn't there some alrge movement of btc in the last few months, would this account to proving ownership?

Silverspoon

member

Activity: 112

Merit: 10

I'm sensing enthusiasm, gentlemen. This thing is getting ready to ~~blow~~ launch, last call!

WeltMaster

sr. member

Activity: 437

Merit: 250

Quote from: findftp on December 31, 2014, 11:37:56 AM

Bull trap is forming

Maybe you'll look back at 2014 as being a big bear trap Cheesy

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Bull trap is forming

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

"Meth-based asset services, Inc."

Stand back, I've got this: I'm a methametician.

WeltMaster

sr. member

Activity: 437

Merit: 250

Something tells me 2015 is going to spring a bull run.

Maybe I'm just delusional but this market feels like it's ready to explode.

[Edit]
..Looks like China is starting early Grin

phoenix1

hero member

Activity: 798

Merit: 1000

Quote from: Sitarow on December 31, 2014, 10:24:24 AM

All this tells me is that they filed yet another amendment to their submission to the SEC.
Is there anything else whatsoever to this story, or is this just lame news on a quiet day ?

galdur

hero member

Activity: 616

Merit: 500

A little something for bitcoin enthusiasts

https://docs.google.com/spreadsheets/d/1VaWhbAj7hWNdiE73P-W-wrl5a0WNgzjofmZXe0Rh5sg/edit?pli=1#gid=0

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

kurious

legendary

Activity: 2604

Merit: 1748

Quote from: Sitarow on December 31, 2014, 10:24:24 AM

Quote from: macsga on December 31, 2014, 09:17:34 AM

Quote from: klee on December 31, 2014, 09:00:00 AM

Quote from: BitAddict on December 31, 2014, 08:59:16 AM

Quote from: klee on December 31, 2014, 08:58:04 AM

Quote from: Davyd05 on December 31, 2014, 08:57:04 AM

Quote from: klee on December 31, 2014, 08:56:25 AM

Quote from: Davyd05 on December 31, 2014, 08:54:36 AM

Quote from: klee on December 31, 2014, 08:50:45 AM

http://www.marketwatch.com/story/winklevoss-bitcoin-trust-files-to-sell-201-million-shares-2014-12-31-7915121
http://www.sec.gov/Archives/edgar/data/1579346/000119312514457552/0001193125-14-457552-index.htm

Huh

5th amendment Cheesy

to the filing this time I guess the juicy part was them outlining the shares to be sold. I wish the process would have a better time it will take the SEC to approve/disapprove

So is it approved yet?

I have no fucking clue, thanks to the vagueness of everything.

Typical Wall Street

If you read in the main sec.gov COIN page:

Filing Date
2014-12-31
Accepted
2014-12-30 21:10:03
Documents
14

So, I guess it is already accepted and nearly ready to launch.

Hore Shet meme

If this is the case, I must prepare my CCMF pics... Grin

"Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(d) under the Securities Act of 1933. Each Share comprising the initial Baskets of Shares represents 0.20 bitcoins and is offered at a per Share price equal to the price equal to the number of bitcoins comprising such Share. The price of bitcoins is based on a weighted average of the average of the high and low transaction prices of bitcoins on June 27, 2013 on three major Bitcoin Exchange sites: Mt. Gox, BitStamp and BTC-e. On June 27, 2013, this price was $100.45/bitcoin."

"Proposed
maximum
offering price
per Share(1)" = $20.09

EDIT Note: network difficulty was Jun 29 2013 21,335,329 Total Speed 152,724 GH/s

VS

Today Dec 30 2014 40,640,955,017 Total Speed 290,919,288 GH/s

Based on $100 BTC price - it's a cheap and likely to be oversubscribed offering.

Not sure if it's good for BTC price now, but it will make waves in the main stream media.

EDIT: Hang on - 20.1 Million shares for 0.2 Bitcoin is 4 million Bitcoin. Hmm...

Sitarow

legendary

Activity: 1792

Merit: 1047

Quote from: macsga on December 31, 2014, 09:17:34 AM

Quote from: klee on December 31, 2014, 09:00:00 AM

Quote from: BitAddict on December 31, 2014, 08:59:16 AM

Quote from: klee on December 31, 2014, 08:58:04 AM

Quote from: Davyd05 on December 31, 2014, 08:57:04 AM

Quote from: klee on December 31, 2014, 08:56:25 AM

Quote from: Davyd05 on December 31, 2014, 08:54:36 AM

Quote from: klee on December 31, 2014, 08:50:45 AM

http://www.marketwatch.com/story/winklevoss-bitcoin-trust-files-to-sell-201-million-shares-2014-12-31-7915121
http://www.sec.gov/Archives/edgar/data/1579346/000119312514457552/0001193125-14-457552-index.htm

Huh

5th amendment Cheesy

to the filing this time I guess the juicy part was them outlining the shares to be sold. I wish the process would have a better time it will take the SEC to approve/disapprove

So is it approved yet?

I have no fucking clue, thanks to the vagueness of everything.

Typical Wall Street

If you read in the main sec.gov COIN page:

Filing Date
2014-12-31
Accepted
2014-12-30 21:10:03
Documents
14

So, I guess it is already accepted and nearly ready to launch.

Hore Shet meme

If this is the case, I must prepare my CCMF pics... Grin

"Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(d) under the Securities Act of 1933. Each Share comprising the initial Baskets of Shares represents 0.20 bitcoins and is offered at a per Share price equal to the price equal to the number of bitcoins comprising such Share. The price of bitcoins is based on a weighted average of the average of the high and low transaction prices of bitcoins on June 27, 2013 on three major Bitcoin Exchange sites: Mt. Gox, BitStamp and BTC-e. On June 27, 2013, this price was $100.45/bitcoin."

"Proposed
maximum
offering price
per Share(1)" = $20.09

EDIT Note: network difficulty was Jun 29 2013 21,335,329 Total Speed 152,724 GH/s

VS

Today Dec 30 2014 40,640,955,017 Total Speed 290,919,288 GH/s

Silverspoon

member

Activity: 112

Merit: 10

Quote from: ChartBuddy on December 31, 2014, 10:00:18 AM

Explanation

Yeah, well, you know, that's just, like, your opinion, man.

ChartBuddy

legendary

Activity: 2380

Merit: 1823

1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: klee on December 31, 2014, 09:00:00 AM

Quote from: BitAddict on December 31, 2014, 08:59:16 AM

Quote from: klee on December 31, 2014, 08:58:04 AM

Quote from: Davyd05 on December 31, 2014, 08:57:04 AM

Quote from: klee on December 31, 2014, 08:56:25 AM

Quote from: Davyd05 on December 31, 2014, 08:54:36 AM

Quote from: klee on December 31, 2014, 08:50:45 AM

http://www.marketwatch.com/story/winklevoss-bitcoin-trust-files-to-sell-201-million-shares-2014-12-31-7915121
http://www.sec.gov/Archives/edgar/data/1579346/000119312514457552/0001193125-14-457552-index.htm

Huh

5th amendment Cheesy

to the filing this time I guess the juicy part was them outlining the shares to be sold. I wish the process would have a better time it will take the SEC to approve/disapprove

So is it approved yet?

I have no fucking clue, thanks to the vagueness of everything.

Typical Wall Street

If you read in the main sec.gov COIN page:

Filing Date
2014-12-31
Accepted
2014-12-30 21:10:03
Documents
14

So, I guess it is already accepted and nearly ready to launch.

Hore Shet meme

If this is the case, I must prepare my CCMF pics... Grin

noobtrader

legendary

Activity: 1456

Merit: 1000

Hodl and wait for the next halving Grin

Quote from: Silverspoon on December 31, 2014, 09:09:18 AM

Quote from: gkv9 on December 31, 2014, 08:55:45 AM

Quote from: Silverspoon on December 31, 2014, 08:50:27 AM

Whoa there. A ponzi is a pyramid scheme created by a malefactor.
A pyramid scheme is any scheme in which early adopters profit only if new money keeps coming in. I don't think you want to argue that Bitcoin's price can grow without influx of new money - bitcoin doesn't produce anything other than more bitcoins and heat.

I have already explained why a rational player would invest in a pyramid scheme (buy BTC at the auction), but I'll do it again:

1. Buy BTC below market at auction.
2. Sell on exchanges at market.
3. Profit.

Ok, I understood your point. But, who says that new monies won't come in and people won't profit anymore? BTC is still in development mode and has a lot to capture...

That's a different question altogether. There's always new money coming in, the question is "at what rate?" With Beanie Babies, for instance, it's sufficient for the actors to hodl their Beanies for the price to remain stable.
Not so with bitcoin.
Unlike the Beanies, which are no longer being ~~printed~~ ~~mined~~ made, more than 3,600 bitcoins are printed every day. These, as I've pointed out, are being sold.
Enough fresh money needs to come into the system buy these and keep the price stable.

TL;DR: It's not impossible for the price to go up, but for it to go up substantially is unlikely. Just an opinion.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23868. (Read 26711601 times)