Bitcoin Forum

hello, could anyone please explain to my why Wall street has yet not invested in BTC ?
sure its risky with this unstable exchange rate, but wouldn't prices go up ALOT with some 10M Dollar investments. can't see how 10M would be a lot for one of the bigger corporations to lose.

http://gettoknowbitcoin.com/wp-content/uploads/2014/03/wallstreetpantera.jpg

The current infrastructure for buying is unacceptably shaky. A lot of them are going to be prohibited from putting any money in until there are properly regulated options.

They're going to be pretty conservative compared to the hedgie types who are taking a risk.

It's a miniscule market that could be wiped out with ease.

They're not here to make anyone but themselves rich.

But no!!! Barry Silbert said they'd be coming in second half of 2014!  He promised!!

/s

its a miniscule market they could take control of,

They promised a lot of thing.
My personal opinion is that they wont do it yet but i think that they buying from somewhere some amount and they are keeping it so when big jump come out they will make huge profit.

Most major funds cannot purchase bitcoins until they are on a stock exchange.

Hence...the ETF.

Some people who work on Wall Street have been buying through SecondMarket.

But when the funds start buying...that will be the kicker.

If some big time hitters are buying, we should have know by now and price of btc will never get this low.

Hello !

I saw post from that dude, "faillling" that ETF for Bitcoin proposed by Winklevoss brothers it is stopped.
Can anybody confirm this ?

That's a lie.

PS: The Winklevoss brothers will speak at the world largest ETF conference in January (http://www.etf.com/inside-etfs-conference/speaker-profiles.html).

If BTC was capable of extending life by two centuries while simultaneously fellating you he'd still be denying it while shooting his load into crypto oblivion.

The original ETF was submitted in July of 2013...an ETF usually takes roughly one year to be approved.

The ETF was re-submitted in February 2014. If it still takes around a year it might not take place until early 2015.

Legislation and infrastructure?  ::)

Pro-tip disreguard everything that stupid troll has ever said, with that account or any of his other 10 accounts he uses to say the same shit.

Who said they weren't buying? They could be the ones shorting.

I mean have you noticed the volume since the last bubble popped? Someone has been on the buyers side for every transaction. A lot of coins have switched hands, some of this hands could be Wall Street.

Now when it becomes official they are buying, you'll notice the difference

Yes, in fact, don't listen to anything on the internet which does not have a reliable source attached. But especially don't listen to falllling ;)

the Winklevoss ETF has been delayed for another year according to reliable sources on reddit!

www.reddit.com/r/BitcoinMarkets/comments/2i7bfn/has_anybody_tried_simply_calling_the_lawyer_in/ (http://www.reddit.com/r/BitcoinMarkets/comments/2i7bfn/has_anybody_tried_simply_calling_the_lawyer_in/)

this is a strong indicator that it is undergoing further reviews and will likely be shot down!

even if it is cleared, it makes no difference. those who wanted bitcoin have already bought it, or they know how to buy it. the ETF does nothing to increase the utility of bitcoin!

"wall street is waiting for the ETF" is a myth, spread by bagholders to get greater fools to buy!

avoid dead cat bounces and use this as an opportunity to cut your loose!

Second guy today I see who actually listens to what Faaaalling says. Fascinating

falllling and his associates were correct about the market since he originally warned you all at $680. should have listened!

Tide goes in. Tide goes out.

Bitcoin goes up. Bitcoin goes down.

I also predict bitcoin will drop.

Then it'll go back up.

One doesn't need to fully understand all the intricacies of the markets to make the prediction the price will go up or fall.

It's at 381 right now and I guarantee you before this hour is up it'll drop to 370 something. Then go back up over 385. Then drop.

Now, if that person predicted that bitcoin's price would drop to zero in a specific amount of time and that all institutions disavow it, all the money thrown into it pulled, and interest in bitcoin protocol evaporates and thus bitcoin is worthless...THEN his predictions would be worth listening to.

Just saying the price is gonna tank doesn't give anyone any real credibility...it's like standing in front of a ferris wheel and trying to predict it'll come around again.

Yeah. We know. Duh.

ETA

http://s29.postimg.org/mw4miwxv7/Screen_Shot046.jpg (http://postimg.org/image/mw4miwxv7/)

holy shit! I was right!

Ok for everybody who doesn't know: Faaaalling ALWAYS says that Bitcoin will crash, maybe coz he wanna buy in cheap (and greatly exaggerate his importance in believing he can affect the price), maybe coz he lost a furtune in Gox or bad trading and turned into a troll, maybe some other reason. He also seem to have many other aliases, probably most if not all of the clowns that say he was right about something (since he always predicts crashes he's right sometimes of course, like I would be right sometimes if I always predict rallies). Also, he name is Faaalling, maybe can be some clue.

Dude, its probually FAAAALLLLLLInng account. Amazing how a new account a day old is so supportive of what fagboy said.

HI THERE FALLING!

You really should try some different writing styles.

When Wall Street comes into the game, it will not be 100$ rising. You will feel it trust me.. I think its mostly people from the last bubble rebuy, because bad news are over, and the bottom has been tested.

The bottom makes Bitcoin really strong, because news was horrible with mtgox, still at 300$++ it's a miracle. There are a lot of believers like me who will never sell. And we will become more and more, only fool, daily trader or miner will sell.

Btc will be rare. Who sold gold for fiat in war time ? :D We are in war.

Exactly, i want to see the price in 2020, after some halvings.

Wall street and banks can't deal with bitcoin because it is not regulated, after the regulation is in place, silicon valley and silicon alley will jump in, there will be new fresh money!

Wall Street is a big place.  Can't imagine any funds being interested.  Perhaps bucket shops who deal w penny stocks being interested

I would disagree. Wall street tends to like less regulation because having to deal with compliance issues is a burden and only adds costs. Having an unregulated environment allows them to operate freely and to seek profit most efficiently

LOL, dont be silly OP.. Wall Street is indeed invested in BTC... Personally... The bankers, hedge fund managers ect........ The question is, when will the institutions on wall street get on the bandwaggon... My answer is: ETF time!

Funds will soon be interested.
Just as soon as they figure out whether Bitcoin is a currency or commodity.  :P