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semaforo
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January 31, 2015, 11:05:58 PM
Last edit: February 08, 2015, 07:06:11 AM by semaforo |
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Why on Earth would Wall Street embrace something out of their control? Furthermore, why would the banking community encourage its adoption? The technology behind Bitcoin is 100% incompatible with regulated, centralized banking. I think "Wall Street" sees Bitcoin as yet another thing they can pump and dump.
The weather is beyond wall streets control, and it doesn't stop corn futures from being traded. |
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traderCJ
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January 31, 2015, 11:50:52 PM |
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Why on Earth would Wall Street embrace something out of their control? Furthermore, why would the banking community encourage its adoption? The technology behind Bitcoin is 100% incompatible with regulated, centralized banking. I think "Wall Street" sees Bitcoin as yet another thing they can pump and dump.
The weather is beyond wall streets control, and it doesn't story corn futures from being traded. There's a difference between speculating on the direction of the weather and directly investing IN the weather, if that were even possible. In the early days of the stock market, "traders" could only bet on the direction of price movement rather than actually own a stake in a company. That's the sort of thing you're talking about. So sure, they could treat Bitcoin like an arbitrary thing that gets pushed up and down, but that wouldn't make Bitcoin any more legitimate as a currency/store of value/etc. |
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Erdogan
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February 01, 2015, 04:10:59 AM |
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Wall street guys? I suppose the caretakers, floor sweepers and cafe servants on wall street are also wall street guys. They are all masters of something, maybe even economics. And yes, some of them are coming on the train.
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Ingramtg
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February 01, 2015, 08:55:49 AM |
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wall street have said that they will join bitcoin a long time , but still not see any pump coming in other hand , coin's price are dumping lower and lower  It's obvious that they're buying off exchange. Buying/selling on an exchange is pretty stupid anyway because it leaves permanent traces tied to your identity. i don't think they're buying , if they buying bitcoin , the price won't be so low now they just kidding us maybe |
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SirChiko
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February 01, 2015, 10:37:02 AM |
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wall street have said that they will join bitcoin a long time , but still not see any pump coming in other hand , coin's price are dumping lower and lower It's obvious that they're buying off exchange. Buying/selling on an exchange is pretty stupid anyway because it leaves permanent traces tied to your identity. i don't think they're buying , if they buying bitcoin , the price won't be so low now they just kidding us maybe They probably wait for btc to reach single numbers and then BOOOM. |
The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes. This is not paid AD!
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Nagle
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February 01, 2015, 09:24:41 PM |
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If there is a "Wall Street pump", you will be the sucker.
Always remember, Bitcoin is zero-sum. For every winner, there is a loser.
If you've been in the game for half an hour and you don't know who the patsy is, you're the patsy.
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knight22 (OP)
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--------------->¿?
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February 01, 2015, 10:36:15 PM |
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If there is a "Wall Street pump", you will be the sucker.
Always remember, Bitcoin is zero-sum. For every winner, there is a loser.
If you've been in the game for half an hour and you don't know who the patsy is, you're the patsy.
Unless you are shorting that doesn't make any sense. |
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EsBitcoin.org
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February 01, 2015, 11:20:31 PM |
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What % is a pump for you?
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zimmah
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February 02, 2015, 05:55:33 AM |
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wall street have said that they will join bitcoin a long time , but still not see any pump coming in other hand , coin's price are dumping lower and lower It's obvious that they're buying off exchange. Buying/selling on an exchange is pretty stupid anyway because it leaves permanent traces tied to your identity. It's obvious? How exactly Hyena? I know that you are into Bitcoin to the level of a religiously devoted man, but some proof now and then would be nice. To me personally, proof is my own actions  I prefer to do business off exchange when I need actual fiat toilet paper. Also, it's pretty obvious that a millionaire buying in wouldn't want to do it on exchange due to the slippage. If that isn't obvious to you then there's not much for us to discuss. well but if a lot of bitcoins are bought off exchange that should theoretically make the bitcoins on the exchange more scarce and therefore more valuable, no? |
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