That is what Bitcoin Nutter does, not Wall St.
Bitcoin Nutter goes all in...
...three years ago.
Bitcoin Nutter's coins aren't for sale...
...at any price.
LOL!
while Bitcoin sucker sold his coins at 10$
Mat, Mat.. you'll never learn
Topic: What if wall st isn't buying coins? (Read 900 times)
Bitcoin Nutter goes all in...
...three years ago.
Bitcoin Nutter's coins aren't for sale...
...at any price.
LOL!
while Bitcoin sucker sold his coins at 10$
Mat, Mat.. you'll never learn
That is what Bitcoin Nutter does, not Wall St.
Bitcoin Nutter goes all in...
...three years ago.
Bitcoin Nutter's coins aren't for sale...
...at any price.
LOL!
The assumption is, the price would be crashed so wall st can load up on BTC.
Maybe the price is being 'crashed' so that wall st can load up on GOX itself. They saw who was running it they saw it was flaky. The fucked with his exchange until he got scared. Now Mark is the one that has finally capitulated and given in and sold gox for pennies on the bitcoin.
That would be how wall st does it
Maybe the price is being 'crashed' so that wall st can load up on GOX itself. They saw who was running it they saw it was flaky. The fucked with his exchange until he got scared. Now Mark is the one that has finally capitulated and given in and sold gox for pennies on the bitcoin.
That would be how wall st does it
Or maybe Wall St isn't happy entering a market where they know that Joe Blow is sitting with around 90% of all BTC in cold storage. Wall St want these BTC out of cold store and into their hands. For this they need to to totally fuck the market down a price level they would be happy to buy in at (double digits perhaps), and they will keep it their forcing Joe Blow to admit defeat and dump all his coins.
I've discussed this theory before and i believe it has some legitimacy. I find it hard to believe once Wallstreet comes with Billions of dollars they'd immediately jump in at the first chance and buy like crazy, for sure some sort of manipulation will play out that tanks the market for them to buy in low.
Also, seems to me that bitcoin related startups is where the money is really at, especially if Wall Street could invest in creating exchanges (or BUY one outright, wink wink).
If they are interested in Bitcoin, they will work the markets anyway they can to take as big a portion at as good a price as they can, without necessarily destroying the green shoot's which are springing up to support the Bitcoin 'industry'. Whatever the case turns out to be, if Wall St are coming in, we can forget about ever seeing ATH's anytime again soon. In such a scenario, a series of long winded recoveries, followed by further crashers to new lows could be expected.
Haha you're a funny guy.
I've discussed this theory before and i believe it has some legitimacy. I find it hard to believe once Wallstreet comes with Billions of dollars they'd immediately jump in at the first chance and buy like crazy, for sure some sort of manipulation will play out that tanks the market for them to buy in low.
Exactly.
That is what Bitcoin Nutter does, not Wall St.
If Bitcoin has a future, they will want to not only take a stake but to control the market. Looking ahead with increased mining difficulty, they can assure that they dominate the mining market and in 25 years or whatever, secure themselves a 50% share of all Bitcoin in existence without ever entering the market proper. But this is a long time away and Joe Blow is still holding the other 50% Un-fkn-acceptable.
If they are interested in Bitcoin, they will work the markets anyway they can to take as big a portion at as good a price as they can, without necessarily destroying the green shoot's which are springing up to support the Bitcoin 'industry'. Whatever the case turns out to be, if Wall St are coming in, we can forget about ever seeing ATH's anytime again soon. In such a scenario, a series of long winded recoveries, followed by further crashers to new lows could be expected.
The assumption is, the price would be crashed so wall st can load up on BTC.
Maybe the price is being 'crashed' so that wall st can load up on GOX itself. They saw who was running it they saw it was flaky. The fucked with his exchange until he got scared. Now Mark is the one that has finally capitulated and given in and sold gox for pennies on the bitcoin.
That would be how wall st does it
Maybe the price is being 'crashed' so that wall st can load up on GOX itself. They saw who was running it they saw it was flaky. The fucked with his exchange until he got scared. Now Mark is the one that has finally capitulated and given in and sold gox for pennies on the bitcoin.
That would be how wall st does it
Or maybe Wall St isn't happy entering a market where they know that Joe Blow is sitting with around 90% of all BTC in cold storage. Wall St want these BTC out of cold store and into their hands. For this they need to to totally fuck the market down a price level they would be happy to buy in at (double digits perhaps), and they will keep it their forcing Joe Blow to admit defeat and dump all his coins.
I've discussed this theory before and i believe it has some legitimacy. I find it hard to believe once Wallstreet comes with Billions of dollars they'd immediately jump in at the first chance and buy like crazy, for sure some sort of manipulation will play out that tanks the market for them to buy in low.
Or maybe Wall St isn't happy entering a market where they know that Joe Blow is sitting with around 90% of all BTC in cold storage. Wall St want these BTC out of cold store and into their hands. For this they need to to totally fuck the market down a price level they would be happy to buy in at (double digits perhaps), and they will keep it their forcing Joe Blow to admit defeat and dump all his coins.
That's not a terrible theory, Mat. But 'Joe Blow' has been in the game as long as anyone, and is the least likely actor to be forced into admitting defeat.
So in your scenario, Wall Street finds a way to drive the price down to then buy. But they're only going to be able to grab at the 10% of coins, not the 90%.
If this Wall St. thing were happening, the opposite is more likely - they'll have to bleed off coins more in the $400 - $800 range to actually get any real volume. Which would be good for all of us. Well, maybe not you and your shotrs.
The assumption is, the price would be crashed so wall st can load up on BTC.
Maybe the price is being 'crashed' so that wall st can load up on GOX itself. They saw who was running it they saw it was flaky. The fucked with his exchange until he got scared. Now Mark is the one that has finally capitulated and given in and sold gox for pennies on the bitcoin.
That would be how wall st does it
Maybe the price is being 'crashed' so that wall st can load up on GOX itself. They saw who was running it they saw it was flaky. The fucked with his exchange until he got scared. Now Mark is the one that has finally capitulated and given in and sold gox for pennies on the bitcoin.
That would be how wall st does it
Or maybe Wall St isn't happy entering a market where they know that Joe Blow is sitting with around 90% of all BTC in cold storage. Wall St want these BTC out of cold store and into their hands. For this they need to to totally fuck the market down a price level they would be happy to buy in at (double digits perhaps), and they will keep it their forcing Joe Blow to admit defeat and dump all his coins.
It's a good theory , been thinking about this myself but you have been sure all this time that Gox is solvent and will be back in business so I call wishful thinking here. Besides, wall st. to work with the likes of MK?
Who ever said they are going to buy ? Some hedgies have already bought in 2013 and are currently liquidating...
The assumption is, the price would be crashed so wall st can load up on BTC.
Maybe the price is being 'crashed' so that wall st can load up on GOX itself. They saw who was running it they saw it was flaky. The fucked with his exchange until he got scared. Now Mark is the one that has finally capitulated and given in and sold gox for pennies on the bitcoin.
That would be how wall st does it
Maybe the price is being 'crashed' so that wall st can load up on GOX itself. They saw who was running it they saw it was flaky. The fucked with his exchange until he got scared. Now Mark is the one that has finally capitulated and given in and sold gox for pennies on the bitcoin.
That would be how wall st does it
There was always a talk that big guys are mostly interested in Bitcoin businesses, more than in currency itself.
Quite logical thing tbh, recurring money over risk of trading etc.
Maybe they are working together. Big money wants the best buyin price possible right? Strike a deal with gox, price dips, buy cheap. Maybe even gox cheap.
The assumption is, the price would be crashed so wall st can load up on BTC.
Maybe the price is being 'crashed' so that wall st can load up on GOX itself. They saw who was running it they saw it was flaky. The fucked with his exchange until he got scared. Now Mark is the one that has finally capitulated and given in and sold gox for pennies on the bitcoin.
That would be how wall st does it
Maybe the price is being 'crashed' so that wall st can load up on GOX itself. They saw who was running it they saw it was flaky. The fucked with his exchange until he got scared. Now Mark is the one that has finally capitulated and given in and sold gox for pennies on the bitcoin.
That would be how wall st does it
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