Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28857. (Read 26619982 times)
March 15, 2014, 01:02:16 PM
March 15, 2014, 12:57:20 PM
I can sense CCMF coming on Crimea situation, sunday night. If tensions keeps increasing, we might go to the moon sooner than most expect..
I think the last thing on peoples minds in Crimea is buying bitcoins.
Outside the small group of people that look at these forums, the statement holds true.
One, or a few billionaires contemplating diversification away from stocks-that-can-crash-and-leave-them-with-10%-of-their-net-worth, is all that it takes for "CCMF". And we are not talking about transferring a billion USD here, much less is required for bitcoin to explode.
The amount of "wealth" stored in bubble-like stocks is immense (tens of trillions). And it has a repeated history of being evaporated due to economic anomalies, black swan events, economic turmoil due to politic-economic situations etc.
Crimea can quickly escalate to economic warfare. Russians are pulling billions from the western system and US treasuries are being dumped by the tens of billions.
March 15, 2014, 12:56:06 PM
now according to my sources, we'll be at $700-760 in 2-3 days
OK>>>>> I will bite... who are your sources?
secret sources
jk, i really have no sources, dont know why i said that
but i base it on the april crash pattern and it really feels like we need to start go up here, good news out etc.
March 15, 2014, 12:35:33 PM
secondmarket is an ETF not an exchange
I know that. But in their site they say "Liquidity to commence no later than March 2014". I understand that it is when investors will be allowed to take their money out of the fund, correct?
i think it means that they will have a market where poeple can post bids and asks not for bitcoins themselves, but for a piece of this B.I.T. Fund.
I don't think so, they say that there is no plans for that:
Quote
http://www.bitcointrust.co/#Details
An investment in the BIT will be illiquid and there may be significant restrictions on transferring interests in the BIT. There is no secondary market for an investor’s investment in the BIT and none may develop.
An investment in the BIT will be illiquid and there may be significant restrictions on transferring interests in the BIT. There is no secondary market for an investor’s investment in the BIT and none may develop.
From comments in other threads, I gather that investors can only liquidate their investment (at its current value, which presumably depends on the BTC price and the BIT managers' trading performance) starting "no later than March 2014".
March 15, 2014, 12:31:28 PM
now according to my sources, we'll be at $700-760 in 2-3 days
OK>>>>> I will bite... who are your sources?
If it is BitcoinSteve I'm going all in.
March 15, 2014, 12:18:41 PM
now according to my sources, we'll be at $700-760 in 2-3 days
OK>>>>> I will bite... who are your sources?
March 15, 2014, 12:02:19 PM
March 15, 2014, 11:30:03 AM
Sierra Nevada Pale Ale!!
March 15, 2014, 11:11:56 AM
Its so quiet in here, its just chart buddy talking to himself
Price action is boring and the warriors of ideology have exhausted themselves. We need a new topic to talk about. I propose beer
I hate beer, and I demand you explain in full detail why you think it is so great.
Just kidding!
March 15, 2014, 11:02:17 AM
March 15, 2014, 10:48:19 AM
now according to my sources, we'll be at $700-760 in 2-3 days
Finally an appropriate post. We'd gotten sidetracked with the ideology banter and forgotten the true purpose of the forum: unfounded and baseless predictions, and pretty pictures with scribbles on them.
Oh, and dinosaurs.
Bravo on bringing us back on track.
March 15, 2014, 10:40:19 AM
I can sense CCMF coming on Crimea situation, sunday night. If tensions keeps increasing, we might go to the moon sooner than most expect..
I think the last thing on peoples minds in Crimea is buying bitcoins.
Outside the small group of people that look at these forums, the statement holds true.
March 15, 2014, 10:36:57 AM
secondmarket is an ETF not an exchange
I know that. But in their site they say "Liquidity to commence no later than March 2014". I understand that it is when investors will be allowed to take their money out of the fund, correct?
i think it means that they will have a market where poeple can post bids and asks not for bitcoins themselves, but for a piece of this B.I.T. Fund.
March 15, 2014, 10:34:56 AM
I fixed it, should be accurate now. 
A+ and a star for you, lad!
March 15, 2014, 10:34:44 AM
now according to my sources, we'll be at $700-760 in 2-3 days
naturally you wouldn´t like to disclose your sources. or would you? March 15, 2014, 10:34:13 AM
secondmarket is an ETF not an exchange
I know that. But in their site they say "Liquidity to commence no later than March 2014". I understand that it is when investors will be allowed to take their money out of the fund, correct?
March 15, 2014, 10:31:34 AM
If Second Market keeps buying close to 2000 BTC a day it should start bumping the price up.
Does SecondMarket allow withdrawals yet? If so, does it apply to all investors, or does it depend on the date of investment?
secondmarket is an ETF not a normal exchange
i think ( idk, i'm assuming. ) they will always keep all the bitcoins in their fund and allow poeple to buy and sell the BTC from that fund, but no one will be able to "take delivery" of the bitcoins in the fund.
the idea is for poeple to gain exposure to bitcoin price movements while not having handle bitcoins themselves.
March 15, 2014, 10:29:34 AM
now according to my sources, we'll be at $700-760 in 2-3 days
March 15, 2014, 10:21:51 AM
If Second Market keeps buying close to 2000 BTC a day it should start bumping the price up.
Does SecondMarket allow withdrawals yet? If so, does it apply to all investors, or does it depend on the date of investment?
March 15, 2014, 10:17:39 AM
Less than 10 BTC traded at bitstamp last 40 minutes.. Pretty damn slow
interesting
maybe this is the true calm before the storm
... BEFORE IT CRASH!!!!!
Jump to: