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Topic: Winklevii will become one of great capitalist barons of this century! - page 3. (Read 5615 times)

legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
don't you think, since BTC price is sooooooooo easy to manipulate, that robber-barons like these twin douches will just manipulate the hell out of it until its broke?
The EFT just replaces the money they spent on BTC. If they break BTC, its no worries for their pocketbooks
point to winklevii
and before you all start saying "but its a regulated ETF, they cant manipulate..."
its wallstreet, if there is money to be made, they will squeeze every penny out. no matter the ethics, rules, laws, or "love of the technology"

these two guys might kill BTC, and I think they might just have the blessing of the powers that be. The powers have wanted it dead for too long.


they cant break bitcoin .........even their 1% is not enough
legendary
Activity: 1456
Merit: 1010
Ad maiora!
don't you think, since BTC price is sooooooooo easy to manipulate, that robber-barons like these twin douches will just manipulate the hell out of it until its broke?
The EFT just replaces the money they spent on BTC. If they break BTC, its no worries for their pocketbooks
point to winklevii
and before you all start saying "but its a regulated ETF, they cant manipulate..."
its wallstreet, if there is money to be made, they will squeeze every penny out. no matter the ethics, rules, laws, or "love of the technology"

these two guys might kill BTC, and I think they might just have the blessing of the powers that be. The powers have wanted it dead for too long.
sr. member
Activity: 406
Merit: 250
Amazing how much praise 2 idiots can garner from being able to play around with millions of dollars of house money courtesy of their parents success.

That's why the rich get richer and the poor get poorer.

legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
The Winklevoss twins have a track record of betting on the wrong horse.

What were those wrong horses?
They trusted Zuckerberg to code their social network ConnectU, he betrayed them and ran away with the idea: fail.
They invested in BitInstant but it went bust as the founder got prosecuted for money laundering: fail.
They are starting an official bitcoin exchange but it's already too late because CoinBase has the first mover advantage and backing from NYSE: fail.
They invested millions over millions in Bitcoin without realizing that it is crippled by technical limitations and already earmarked for replacement by newer and better technology: fail.

The only mistake they made was to trust Zuckerberg when they were teensgers imo
They have amassed a fortune already, more money than most people will ever see in their dreams

1.2 million Facebook shares -  win
1% of the total btc -  win
Their own regulated exchange -  win
First btc etf (if approved)  - win
Made money from bitinstant but avoided the legal issues unlike Charlie - win
They also have tens of  millions of dollars in cash if not hundreds so even if everything imploded tomorrow they would be fine - win

Seem to be doing OK for a couple of young guys.... But I'm sure you could do it better, right?


tss
hero member
Activity: 742
Merit: 500
The Winklevoss twins have a track record of betting on the wrong horse.

haha.  classic!  i'm surprised they didn't let someone else secure their stash for them.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political

They invested millions over millions in Bitcoin without realizing that it is crippled by technical limitations and already earmarked for replacement by newer and better technology: fail.

what limitations? earmarked by who?
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
The Winklevoss twins have a track record of betting on the wrong horse.

What were those wrong horses?
They trusted Zuckerberg to code their social network ConnectU, he betrayed them and ran away with the idea: fail.
They invested in BitInstant but it went bust as the founder got prosecuted for money laundering: fail.
They are starting an official bitcoin exchange but it's already too late because CoinBase has the first mover advantage and backing from NYSE: fail.
They invested millions over millions in Bitcoin without realizing that it is crippled by technical limitations and already earmarked for replacement by newer and better technology: fail.
ROFLMAO


hero member
Activity: 743
Merit: 502
400 billion means $20,000 per Bitcoin , I highly doubt that it can be truth, We can hardly keep it above $1,000,not even $300.

There is this thing called TIME
hero member
Activity: 686
Merit: 500
The scale of negativity in this thread is just ridiculous.

A day ago Bitcoin climbed almost $100 because of a "to the moon" countdown. People are just sitting around trigger happy waiting to buy back in the moment that Bitcoin takes off.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
400 billion means $20,000 per Bitcoin , I highly doubt that it can be truth, We can hardly keep it above $1,000,not even $300.


But 400bn market cap is beyond delusional. People are expecting too much from Bitcoin.
 

I disagree.  Gold is a 6T market...and Bitcoin is better than gold.

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
400 billion means $20,000 per Bitcoin , I highly doubt that it can be truth, We can hardly keep it above $1,000,not even $300.

The "crazy" predictions will seem normal once the next Bull phase gets moving.
$45,000/BTC will be the solid ground floor!   Cheesy


bitcoin is doomed after the crash to $12.400  - will it ever rise again to $45.000 $ ?


 Grin
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
400 billion means $20,000 per Bitcoin , I highly doubt that it can be truth, We can hardly keep it above $1,000,not even $300.

The "crazy" predictions will seem normal once the next Bull phase gets moving.
$45,000/BTC will be the solid ground floor!   Cheesy
legendary
Activity: 1610
Merit: 1183
If you think about it it doesnt matter if they become the gods of bitcoin in terms of wealth, what matters is as differently to fiat systems, the bitcoin system can and will not ever be compromised.
hero member
Activity: 756
Merit: 502
The Winklevoss twins have a track record of betting on the wrong horse.

What were those wrong horses?
They trusted Zuckerberg to code their social network ConnectU, he betrayed them and ran away with the idea: fail.
They invested in BitInstant but it went bust as the founder got prosecuted for money laundering: fail.
They are starting an official bitcoin exchange but it's already too late because CoinBase has the first mover advantage and backing from NYSE: fail.
They invested millions over millions in Bitcoin without realizing that it is crippled by technical limitations and already earmarked for replacement by newer and better technology: fail.

They got millions  after the facebook settlement, and the whole world knows facebook was their idea,
that early investemt of their millions into bitcoin is now worth more than 100 times!
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Hmm.... market cap of $400b IF it becomes one of the major players in money transfer.

I am skeptical. It has been 7 years already. The growth seems to be downward.  Angry

are you kidding me? do we read the same news?  Grin


@freequant

they have a 100 mio net worth. you failed  Wink

hero member
Activity: 770
Merit: 500
The Winklevoss twins have a track record of betting on the wrong horse.

What were those wrong horses?
They trusted Zuckerberg to code their social network ConnectU, he betrayed them and ran away with the idea: fail.
They invested in BitInstant but it went bust as the founder got prosecuted for money laundering: fail.
They are starting an official bitcoin exchange but it's already too late because CoinBase has the first mover advantage and backing from NYSE: fail.
They invested millions over millions in Bitcoin without realizing that it is crippled by technical limitations and already earmarked for replacement by newer and better technology: fail.
hero member
Activity: 658
Merit: 500
400 billion means $20,000 per Bitcoin , I highly doubt that it can be truth, We can hardly keep it above $1,000,not even $300.

WallStreet money can move mountains  Wink

But 400bn market cap is beyond delusional. People are expecting too much from Bitcoin.

It will never replace fiat, some can't seem to understand that. Bitcoin will only function as optional payment method.

They are saying that 400bn is if it becomes a payment method replacing services like Western Union, etc...

That's assuming that BitCoin is the only payment option.....
That is not true.

Look here if you want to make some calculations instead of babbling uneducated guesses.
http://worldbitcoinnetwork.com/BitcoinPriceModel-Alpha.html

All predictions are uneducated guesses, I've heard gold and silver bugs going off for years about how the price is going to explode tomorrow.
I don't think, you have any idea what "educated guess" means.
You fail on so many levels. Doesn't that hurt?

Lots of haters around here. Bitcoin is not only a great technology but also a great psychological proof of how pathetic human being is. I see "sour grapes" all among these idiots. Its weird to see clearly why human bound to wars and kill each others ..... simply cant stand seeing others getting ahead.

Soon China and US will have war one day, you'll see.
legendary
Activity: 3066
Merit: 1188

I don't think, you have any idea what "educated guess" means

+1
hero member
Activity: 658
Merit: 500
I was so amazed to see their interview today after they presented their ETF project!

They said if bitcoin market cap would be 400 billion if it becomes major among money transfer(visa,mastercard).

marketcap would be in trillions if it disrupts Gold..

They hold 1% of all bitcoin total supply!

They are taking bitcoin to wall street and comply with regulations to create the first ever ETF for bitcoin so all the banks and wall street major billionaires can now invest in bitcoin..

In the coming decentralized world which will be made up of key technologies like drones, 3d printing, autonomous agents we can be sure that the blockchain technology will be like how electricity was to the 20th century...

bitcoin will be the token of value in future...

they will be the masters of decentralized revolution!

If they were smart they would have sold when Bitcoin hit $1000, if they are still holding after that then they aren't good venture capitalists.

theyre convinced a btc will be worth $40,000 so why would they sell for $1000 ?

they do come across like assholes in that movie  but did zuckerberg  really steal their idea for facebook and develop it himself  ? Cheesy

a judge must have believed they had some rights  if they got $65,000,000 in compensation but i dont know the specifics .....

15 mill in cash, 40 mill in shares (1.2 million shares)

Its actually worth +400mill now
Q7
sr. member
Activity: 448
Merit: 250
400 billion is currently the value of market shares held by all the credit card companies and money transfer services combined and that is assuming that this share will go all to bitcoin. 400 billion will then divide with the max number of possible 21 million bitcoin to get each coin's worth.
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