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Title: Winkle twins are trying to escape Post by: asically on July 05, 2013, 07:35:39 PM Quote “I’d be very surprised if we see this make much headway in the next one or two years,” Quote For new types of ETFs, even ones that track widely known assets, it’s not uncommon for the process to take more than a year. http://blogs.wsj.com/moneybeat/2013/07/02/bitcoin-exchange-traded-offering-seen-facing-tough-regulatory-scrutiny/ Title: Re: Winkle twins are trying to escape Post by: Arcas on July 05, 2013, 10:31:42 PM I thought they bought in around $14?
They are probably trying to make their investments worth more by improving access to Bitcoin. Title: Re: Winkle twins are trying to escape Post by: afbitcoins on July 06, 2013, 09:13:29 AM There was quite a big thread on this in the speculation forum yesterday, wheres it gone to ???
Title: Re: Winkle twins are trying to escape Post by: dree12 on July 06, 2013, 04:45:09 PM I thought they bought in around $14? They are probably trying to make their investments worth more by improving access to Bitcoin. Or perhaps they sold and are trying to push the price down even further to buy back? Title: Re: Winkle twins are trying to escape Post by: thezerg on July 06, 2013, 04:55:45 PM Quote “I’d be very surprised if we see this make much headway in the next one or two years,” Quote For new types of ETFs, even ones that track widely known assets, it’s not uncommon for the process to take more than a year. http://blogs.wsj.com/moneybeat/2013/07/02/bitcoin-exchange-traded-offering-seen-facing-tough-regulatory-scrutiny/ "Trying to escape"? Through a process that takes more then a year? You are a child in the art of FUD. More like: countdown to the next monster bubble: 364 days Title: Re: Winkle twins are trying to escape Post by: BitcoinAshley on July 06, 2013, 05:01:00 PM Exactly, zerg... winklevii aren't trying to escape, they're just setting up the next bubble - the one that has institutional investors involved.
Title: Re: Winkle twins are trying to escape Post by: Kazu on July 06, 2013, 06:52:37 PM "It isn’t clear whether or not any of the Winklevoss’ own bitcoin investment will back the trust."
That seems like a rather important question to answer. Title: Re: Winkle twins are trying to escape Post by: jamesc760 on July 06, 2013, 09:08:56 PM The Winklevoss twins are NOT trying to escape. They are trying to profit off of the BTC innovation. Their role model is Gordon Geckos and their motto is "Greed is good." If you think they are the saviour of bitcoin, you are sadly mistaken. They will take the shirt off the homeless. Yes, they are THAT evil.
Title: Re: Winkle twins are trying to escape Post by: mgio on July 06, 2013, 09:15:19 PM The Winklevoss twins are NOT trying to escape. They are trying to profit off of the BTC innovation. Their role model is Gordon Geckos and their motto is "Greed is good." If you think they are the saviour of bitcoin, you are sadly mistaken. They will take the shirt off the homeless. Yes, they are THAT evil. You watch too much TV. Their ETF is the best thing to happen to bitcoin. Title: Re: Winkle twins are trying to escape Post by: Coinseeker on July 06, 2013, 09:38:10 PM The Winklevoss twins are NOT trying to escape. They are trying to profit off of the BTC innovation. Their role model is Gordon Geckos and their motto is "Greed is good." If you think they are the saviour of bitcoin, you are sadly mistaken. They will take the shirt off the homeless. Yes, they are THAT evil. You watch too much TV. Their ETF is the best thing to happen to bitcoin. If this is true, Bitcoin is already dead. Title: Re: Winkle twins are trying to escape Post by: BitcoinAshley on July 06, 2013, 11:05:35 PM The Winklevoss twins are NOT trying to escape. They are trying to profit off of the BTC innovation. Their role model is Gordon Geckos and their motto is "Greed is good." If you think they are the saviour of bitcoin, you are sadly mistaken. They will take the shirt off the homeless. Yes, they are THAT evil. Trying to profit is evil? Ok, we've got another socialist weenie here. Classic denial of reality. The shirt on the homeless bit is a little over-the-top sensationalist. I get your point. You think people trying to make money is evil and bad. Well, better stop using all currencies period, because even the USD has commodity speculators making money off of its fluctuations. BTC is no different. The only currencies that are exempt from this are fixed local currencies, and I'm sure SOMEONE still figures out a way to do it. Nobody cares if you think profits are evil. They're just going to keep on making them and you are just going to keep on whining about it. So either start making some yourself, or sign up for welfare checks ;) they have an infinitely higher ROI than bitcoins. BTW Coinseeker, quit being a girl. It's a bit too early in the "emotional investing cycle" for the "bitcoin is dead" proclamations. Go look at the 2011 bubble threads... "bitcoin is dead" didn't start happening for quite a while after the initial decline... Chill with that until maybe next month, otherwise it just looks like you ran out of Midol and are extra-emotional. Right now the emotional speculators are still somewhere in the midst of denial/fear/panic. Title: Re: Winkle twins are trying to escape Post by: dree12 on July 07, 2013, 01:59:01 AM ... quit being a girl ... For someone named BitcoinAshley, this is quite sexist. The Winklevoss twins are NOT trying to escape. They are trying to profit off of the BTC innovation. Their role model is Gordon Geckos and their motto is "Greed is good." If you think they are the saviour of bitcoin, you are sadly mistaken. They will take the shirt off the homeless. Yes, they are THAT evil. You watch too much TV. Their ETF is the best thing to happen to bitcoin. Many good things have happened to Bitcoin. Some are better than others. Their ETF, although certainly a good thing, is in my opinion a far cry from the best thing. That honour would go to Gavin, Mt. Gox, Bitcoinica, "The Good Wife", WordPress, or any of the other important events. Title: Re: Winkle twins are trying to escape Post by: asically on July 07, 2013, 12:25:32 PM Economics (Speculation) forum. Go else where for actual facts.
Winkle twins thought they had something huge then came the regulators: "Sorry guys. We'll have an answer about your ETF proposal within a year.....or two" Winkle twin #1: "Wtf, I'm calling my lawyer." Winkle twin #2: "I don't know bro......" Winkle twin #1: "Don't they know who we are? This is unacceptable" Winkle twin #2: "Probably we should call Gordon Gekko, he'll know what to do." Winkle twin #1: "Huh!?, No. We need to get out NOW before price dip further." Winkle twin #2: "This isn't 2011. We were assured price would stabilize around $500 after a new ATH of $1000 or so. " Winkle twin #1: "Screw this. I know a permanently high plateau when I see one." |