Topic: Winklevoss Exchange Gemini Struggling to Win Bitcoin Traders - page 2. (Read 1971 times)
I believe there will be big money goes into this, if only as a hedge. BTC seems to me a better bet than most other assets at the moment, and at the very least as good a bet as any.
Hey, we shall give the guys a link to their website:
https://gemini.com/
I guess most people haven't understood Gemini. This isn't for me, nor for any old bitcoiners. Gemini is for the newbies. It's designed for the people who were scared to buy BTC. All the people who were afraid with the MtGox scam. Now with Gemini, they should feel confident because it's fully licensed, registered, compliant, and all shiny from being run by rich folks coming from Harvard.
I wish them luck, and I believe they're doing a lot to help BTC, but personally I prefer to buy and sell BTC at a bar, on some remote table in the back. The transactions won't be reported to anyone, and nobody would remember anything about what happened.
https://gemini.com/
I guess most people haven't understood Gemini. This isn't for me, nor for any old bitcoiners. Gemini is for the newbies. It's designed for the people who were scared to buy BTC. All the people who were afraid with the MtGox scam. Now with Gemini, they should feel confident because it's fully licensed, registered, compliant, and all shiny from being run by rich folks coming from Harvard.
I wish them luck, and I believe they're doing a lot to help BTC, but personally I prefer to buy and sell BTC at a bar, on some remote table in the back. The transactions won't be reported to anyone, and nobody would remember anything about what happened.
Looks like volume is increasing if you check the volume peaks. May be releated to the rising btc price and arbitrage opportunities though.
I still think any new exchange needs time to build a solid trading user base.
I still think any new exchange needs time to build a solid trading user base.
yep volume is increasing pretty well, and dont forget they are not "opened" for all
so for me they have had a good start. lets give them few months to consolidate a little bit more and we will see if they are as good as expected ( or at least that i expected )So I guess a lot of people who are interested in Gemini are not even able to trade there yet.
give their exchange a decent amount of time to establish itself. large traders won't come just like that. they must be convinced to signup there and use actually use it. the more volume they generate, the earlier the traders will come.
Quote
Still, Samman acknowledged Gemini's liquidity problem is one that faces the entire industry, due to weakening demand for bitcoin as an asset and what he called a "distrust" in existing exchange options. Further, he suggested that Gemini's by-the-book approach to launching in New York may have turned off avid traders, including those with libertarian or anti-government leanings.
Because unregulated exchanges were working so well? How many disappeared with bitcoins? Regulation is not always the enemy, and in this case it's inevitable and carries the benefits of legitimizing and stabilizing the currency to a very large and reluctant population of non-adopters. Net good > bad.
I think it is still too early to pass any judgement at this point. When more and more traders get involved that is where things will start to take off. One thing that I also notice is the wide spread involved. Hopefully that is not going to be the main stumbling block.
Looks like volume is increasing if you check the volume peaks. May be releated to the rising btc price and arbitrage opportunities though.
I still think any new exchange needs time to build a solid trading user base.
I still think any new exchange needs time to build a solid trading user base.
yep volume is increasing pretty well, and dont forget they are not "opened" for all
so for me they have had a good start. lets give them few months to consolidate a little bit more and we will see if they are as good as expected ( or at least that i expected ) 
Gemini, the long-awaited New York-based bitcoin exchange founded by Cameron and Tyler Winklevoss and billed as the "Nasdaq of bitcoin", finally debuted on 8th October.
Featured in articles by The Financial Times, TechCrunch and Wired, and promoted via a TV appearance on Fox News, Gemini it succeeded in grabbing the attention of the mainstream media like few industry products before it.
While a success in terms of promotion, however, Gemini is showing signs it is struggling to appeal to bitcoin's active trading community. Though representatives of the exchange stated they're seeking to attract a more institutional clientele than their competitors, avid bitcoin traders tell CoinDesk that they believe this strategy will be difficult to execute.
here is the full article : http://www.coindesk.com/winklevoss-bitcoin-exchange-gemini-win-traders/
Anyone knows how much is the trading volume on their website comparing to the other exchanges ? it's kinda crappy because they don't make their price or their stats on the first page and we can't make an account unless we are from USA .
https://tradeblock.com/markets/gmni/xbt-usd/1h/Featured in articles by The Financial Times, TechCrunch and Wired, and promoted via a TV appearance on Fox News, Gemini it succeeded in grabbing the attention of the mainstream media like few industry products before it.
While a success in terms of promotion, however, Gemini is showing signs it is struggling to appeal to bitcoin's active trading community. Though representatives of the exchange stated they're seeking to attract a more institutional clientele than their competitors, avid bitcoin traders tell CoinDesk that they believe this strategy will be difficult to execute.
here is the full article : http://www.coindesk.com/winklevoss-bitcoin-exchange-gemini-win-traders/
Anyone knows how much is the trading volume on their website comparing to the other exchanges ? it's kinda crappy because they don't make their price or their stats on the first page and we can't make an account unless we are from USA .
Looks like volume is increasing if you check the volume peaks. May be releated to the rising btc price and arbitrage opportunities though.
I still think any new exchange needs time to build a solid trading user base.
What the .. It's so damn low honestly , anyway I personally think we should give them few months and they should also expand to other countries because staying on USA only won't get them anything but low trading volume comparing to others .
Gemini, the long-awaited New York-based bitcoin exchange founded by Cameron and Tyler Winklevoss and billed as the "Nasdaq of bitcoin", finally debuted on 8th October.
Featured in articles by The Financial Times, TechCrunch and Wired, and promoted via a TV appearance on Fox News, Gemini it succeeded in grabbing the attention of the mainstream media like few industry products before it.
While a success in terms of promotion, however, Gemini is showing signs it is struggling to appeal to bitcoin's active trading community. Though representatives of the exchange stated they're seeking to attract a more institutional clientele than their competitors, avid bitcoin traders tell CoinDesk that they believe this strategy will be difficult to execute.
here is the full article : http://www.coindesk.com/winklevoss-bitcoin-exchange-gemini-win-traders/
Anyone knows how much is the trading volume on their website comparing to the other exchanges ? it's kinda crappy because they don't make their price or their stats on the first page and we can't make an account unless we are from USA .
https://tradeblock.com/markets/gmni/xbt-usd/1h/Featured in articles by The Financial Times, TechCrunch and Wired, and promoted via a TV appearance on Fox News, Gemini it succeeded in grabbing the attention of the mainstream media like few industry products before it.
While a success in terms of promotion, however, Gemini is showing signs it is struggling to appeal to bitcoin's active trading community. Though representatives of the exchange stated they're seeking to attract a more institutional clientele than their competitors, avid bitcoin traders tell CoinDesk that they believe this strategy will be difficult to execute.
here is the full article : http://www.coindesk.com/winklevoss-bitcoin-exchange-gemini-win-traders/
Anyone knows how much is the trading volume on their website comparing to the other exchanges ? it's kinda crappy because they don't make their price or their stats on the first page and we can't make an account unless we are from USA .
Looks like volume is increasing if you check the volume peaks. May be releated to the rising btc price and arbitrage opportunities though.
I still think any new exchange needs time to build a solid trading user base.
Gemini, the long-awaited New York-based bitcoin exchange founded by Cameron and Tyler Winklevoss and billed as the "Nasdaq of bitcoin", finally debuted on 8th October.
Featured in articles by The Financial Times, TechCrunch and Wired, and promoted via a TV appearance on Fox News, Gemini it succeeded in grabbing the attention of the mainstream media like few industry products before it.
While a success in terms of promotion, however, Gemini is showing signs it is struggling to appeal to bitcoin's active trading community. Though representatives of the exchange stated they're seeking to attract a more institutional clientele than their competitors, avid bitcoin traders tell CoinDesk that they believe this strategy will be difficult to execute.
here is the full article : http://www.coindesk.com/winklevoss-bitcoin-exchange-gemini-win-traders/
Anyone knows how much is the trading volume on their website comparing to the other exchanges ? it's kinda crappy because they don't make their price or their stats on the first page and we can't make an account unless we are from USA .
https://tradeblock.com/markets/gmni/xbt-usd/1h/ Featured in articles by The Financial Times, TechCrunch and Wired, and promoted via a TV appearance on Fox News, Gemini it succeeded in grabbing the attention of the mainstream media like few industry products before it.
While a success in terms of promotion, however, Gemini is showing signs it is struggling to appeal to bitcoin's active trading community. Though representatives of the exchange stated they're seeking to attract a more institutional clientele than their competitors, avid bitcoin traders tell CoinDesk that they believe this strategy will be difficult to execute.
here is the full article : http://www.coindesk.com/winklevoss-bitcoin-exchange-gemini-win-traders/
Anyone knows how much is the trading volume on their website comparing to the other exchanges ? it's kinda crappy because they don't make their price or their stats on the first page and we can't make an account unless we are from USA .
Gemini, the long-awaited New York-based bitcoin exchange founded by Cameron and Tyler Winklevoss and billed as the "Nasdaq of bitcoin", finally debuted on 8th October.
Featured in articles by The Financial Times, TechCrunch and Wired, and promoted via a TV appearance on Fox News, Gemini it succeeded in grabbing the attention of the mainstream media like few industry products before it.
While a success in terms of promotion, however, Gemini is showing signs it is struggling to appeal to bitcoin's active trading community. Though representatives of the exchange stated they're seeking to attract a more institutional clientele than their competitors, avid bitcoin traders tell CoinDesk that they believe this strategy will be difficult to execute.
here is the full article : http://www.coindesk.com/winklevoss-bitcoin-exchange-gemini-win-traders/
Anyone knows how much is the trading volume on their website comparing to the other exchanges ? it's kinda crappy because they don't make their price or their stats on the first page and we can't make an account unless we are from USA .
Featured in articles by The Financial Times, TechCrunch and Wired, and promoted via a TV appearance on Fox News, Gemini it succeeded in grabbing the attention of the mainstream media like few industry products before it.
While a success in terms of promotion, however, Gemini is showing signs it is struggling to appeal to bitcoin's active trading community. Though representatives of the exchange stated they're seeking to attract a more institutional clientele than their competitors, avid bitcoin traders tell CoinDesk that they believe this strategy will be difficult to execute.
here is the full article : http://www.coindesk.com/winklevoss-bitcoin-exchange-gemini-win-traders/
Anyone knows how much is the trading volume on their website comparing to the other exchanges ? it's kinda crappy because they don't make their price or their stats on the first page and we can't make an account unless we are from USA .
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