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Bitcoin => Bitcoin Discussion => Topic started by: cuddaloreappu on January 27, 2015, 08:06:22 AM



Title: Winklevii will become one of great capitalist barons of this century!
Post by: cuddaloreappu on January 27, 2015, 08:06:22 AM
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!

http://money.cnn.com/2015/01/27/investing/bitcoin-winklevoss-twins-gold/ (http://money.cnn.com/2015/01/27/investing/bitcoin-winklevoss-twins-gold/)


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: bryant.coleman on January 27, 2015, 08:16:23 AM
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.  >:(


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: freequant on January 27, 2015, 08:20:33 AM
The Winklevoss twins have a track record of betting on the wrong horse.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: viboracecata on January 27, 2015, 08:26:34 AM
400 billion, I just wonder how they calculate and get the number, but I have confidence on this too


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: cuddaloreappu on January 27, 2015, 08:27:54 AM
The Winklevoss twins have a track record of betting on the wrong horse.

What were those wrong horses?


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Sindelar1938 on January 27, 2015, 08:45:53 AM
It's possible, just possible. It would be one of the great undeserved level-ups ;)
Don't mind me, just sour grapes :D


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Crestington on January 27, 2015, 08:50:55 AM
Calling them the Winklevii makes me think of them as conjoined twins.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: cbeast on January 27, 2015, 08:57:53 AM
Barons would be an ironic title in a decentralized ecosystem. They don't seem to have much interest in promoting Bitcoin unless I missed something.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Mewtwo on January 27, 2015, 09:01:02 AM
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!

Any sources on anything you've mentioned about them?


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Elwar on January 27, 2015, 09:04:00 AM
Barons would be an ironic title in a decentralized ecosystem. They don't seem to have much interest in promoting Bitcoin unless I missed something.

You missed something.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Crestington on January 27, 2015, 09:09:26 AM
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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: numismatist on January 27, 2015, 09:13:36 AM
marketcap would be in trillions if it disrupts Gold..
Not so comfy on gold comparisons. There are substantial differences between a digital currency and cultural assets. Just pointing at those news regarding Tutankhamun's beard.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: SirChiko on January 27, 2015, 09:18:47 AM
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.
As far as i know they weren't aboard when we were at 1k not even mention that they would have to buy in way earlier to even profit.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CoinCidental on January 27, 2015, 09:21:45 AM
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  ? :D

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


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: runningfree on January 27, 2015, 09:27:02 AM
It just feels wrong to begin regulating Bitcoin. It will be diluted and mutated into a governmental financial instrument.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: bryant.coleman on January 27, 2015, 09:36:43 AM
400 billion, I just wonder how they calculate and get the number, but I have confidence on this too

I  think that is the combined market cap of Visa + Master + Paypal

Right now the BTC market cap is around $4 billion. I'll be happy with $40 billion.  ;D



Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Ingatqhvq on January 27, 2015, 10:19:06 AM
It's sound great, but I don't think it is possible.
If the market cap over 400B, it means about $30k per coin.
ATM, every day generate 3600,
So we have to cost 3600*30k=$108 mil per day to support the system.
Is that worth?


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: innocent93 on January 27, 2015, 10:31:54 AM
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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: zetaray on January 27, 2015, 10:34:15 AM
It is a big IF, and if it becomes major, when will that be?


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: BitCoinNutJob on January 27, 2015, 10:34:31 AM
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.  >:(

The growth is taking a long time but still upward, its just complicated and no central authority to speed things up.  We need bitcoin as easy to use as mastercard to get to those figures.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Crestington on January 27, 2015, 10:58:54 AM
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  ? :D

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

I don't think they could have created what zuckerberg created with Facebook, they are investors not Developers. They made millions on an idea that they never really had a part in so I doubt they can be too bent out of shape about it.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: tokeweed on January 27, 2015, 11:05:42 AM
Quote
Winklevii will become one great capitalist baron of this century!

http://mentalfloss.com/sites/default/files/styles/insert_main_wide_image/public/3292770.jpg


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: cbeast on January 27, 2015, 11:24:01 AM
Barons would be an ironic title in a decentralized ecosystem. They don't seem to have much interest in promoting Bitcoin unless I missed something.

You missed something.
Robber Barons were allowed to create monopolies. I guess OP meant something else here because Bitcoin is highly resistant to monopolization.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Elwar on January 27, 2015, 11:32:13 AM
Barons would be an ironic title in a decentralized ecosystem. They don't seem to have much interest in promoting Bitcoin unless I missed something.

You missed something.
Robber Barons were allowed to create monopolies. I guess OP meant something else here because Bitcoin is highly resistant to monopolization.

I see, I was more focused on the "They don't seem to have much interest in promoting Bitcoin" part.

I would say owning 1% of the currency provides some interest in promoting it.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Crestington on January 27, 2015, 11:43:50 AM
Barons would be an ironic title in a decentralized ecosystem. They don't seem to have much interest in promoting Bitcoin unless I missed something.

You missed something.
Robber Barons were allowed to create monopolies. I guess OP meant something else here because Bitcoin is highly resistant to monopolization.

I see, I was more focused on the "They don't seem to have much interest in promoting Bitcoin" part.

I would say owning 1% of the currency provides some interest in promoting it.

Maybe they trade it as well, seems like it would be a silly idea not to take profit on it at certain points as well. There isn't really anything saying they have to hold onto their Bitcoin and they did buy it at a cheap price.

Then again maybe they do have it on lockdown and are keeping them for the long-haul.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: turvarya on January 27, 2015, 12:26:37 PM
And again: Growth is not price.
Saying there was no growth in Bitcoin in the last year is just wrong.
Also: It is stupid to make an assumption on future price based on past price, I even made a thread regarding this question:
https://bitcointalk.org/index.php?topic=927769.0
(No idea, why it was moved to Speculation :( )


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: nikona on January 27, 2015, 12:27:34 PM
Barons would be an ironic title in a decentralized ecosystem. They don't seem to have much interest in promoting Bitcoin unless I missed something.

You missed something.
Robber Barons were allowed to create monopolies. I guess OP meant something else here because Bitcoin is highly resistant to monopolization.

I see, I was more focused on the "They don't seem to have much interest in promoting Bitcoin" part.

I would say owning 1% of the currency provides some interest in promoting it.

I agree..If I had 1% of any currency..I would be ppromting the currency like a maniac..


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Elwar on January 27, 2015, 12:54:06 PM
Barons would be an ironic title in a decentralized ecosystem. They don't seem to have much interest in promoting Bitcoin unless I missed something.

You missed something.
Robber Barons were allowed to create monopolies. I guess OP meant something else here because Bitcoin is highly resistant to monopolization.

I see, I was more focused on the "They don't seem to have much interest in promoting Bitcoin" part.

I would say owning 1% of the currency provides some interest in promoting it.

Maybe they trade it as well, seems like it would be a silly idea not to take profit on it at certain points as well. There isn't really anything saying they have to hold onto their Bitcoin and they did buy it at a cheap price.

Then again maybe they do have it on lockdown and are keeping them for the long-haul.

"We've never sold a Bitcoin. We're in it for the long haul," Camerson Winklevoss said during a presentation at ETF.com's Inside ETFs Conference.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Crestington on January 27, 2015, 01:40:18 PM
Barons would be an ironic title in a decentralized ecosystem. They don't seem to have much interest in promoting Bitcoin unless I missed something.

You missed something.
Robber Barons were allowed to create monopolies. I guess OP meant something else here because Bitcoin is highly resistant to monopolization.

I see, I was more focused on the "They don't seem to have much interest in promoting Bitcoin" part.

I would say owning 1% of the currency provides some interest in promoting it.

Maybe they trade it as well, seems like it would be a silly idea not to take profit on it at certain points as well. There isn't really anything saying they have to hold onto their Bitcoin and they did buy it at a cheap price.

Then again maybe they do have it on lockdown and are keeping them for the long-haul.

"We've never sold a Bitcoin. We're in it for the long haul," Camerson Winklevoss said during a presentation at ETF.com's Inside ETFs Conference.

Yeah I should probably just google questions like that, lol


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: 1Referee on January 27, 2015, 01:52:42 PM
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  ;)

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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Elwar on January 27, 2015, 01:54:25 PM
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  ;)

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...


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: thejaytiesto on January 27, 2015, 01:55:38 PM
They will be the Rothchilds of the 21century.. all because the real Rothchilds have absolutely no idea of whats going on outside their circles.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Crestington on January 27, 2015, 01:56:20 PM
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  ;)

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.....


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: turvarya on January 27, 2015, 02:00:14 PM
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  ;)

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


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Crestington on January 27, 2015, 02:04:36 PM
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  ;)

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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Elwar on January 27, 2015, 02:08:39 PM
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  ;)

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.

Some predictions are educated guesses.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: turvarya on January 27, 2015, 02:09:57 PM
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  ;)

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?


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: manselr on January 27, 2015, 02:38:00 PM
All hail to our new greater overlords: The Wink-lee-vii. Saviour of Bitcoin and cryptocurrencies in general.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Q7 on January 27, 2015, 02:43:25 PM
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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: seriouscoin on January 27, 2015, 02:44:05 PM
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  ? :D

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


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: toknormal on January 27, 2015, 02:45:24 PM

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

+1


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: seriouscoin on January 27, 2015, 02:46:56 PM
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  ;)

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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: freequant on January 27, 2015, 03:15:15 PM
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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: LiteCoinGuy on January 27, 2015, 03:45:50 PM
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.  >:(

are you kidding me? do we read the same news?  ;D


@freequant

they have a 100 mio net worth. you failed  ;)



Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: cuddaloreappu on January 27, 2015, 04:05:41 PM
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!


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: pereira4 on January 27, 2015, 04:11:28 PM
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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Bit_Happy on January 27, 2015, 04:18:01 PM
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!   :D


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: LiteCoinGuy on January 27, 2015, 04:30:35 PM
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!   :D


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


 ;D


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: jonald_fyookball on January 27, 2015, 06:08:07 PM
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.



Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: fryarminer on January 27, 2015, 06:34:42 PM
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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: slaveforanunnak1 on January 27, 2015, 06:36:14 PM
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


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: QuestionAuthority on January 27, 2015, 07:43:40 PM
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

http://cdn.ientry.com/sites/webpronews/pictures/winklevoss-twins-rowing_616.jpg
http://previews.123rf.com/images/stockbroker/stockbroker0806/stockbroker080601382/3196287-kayaker-in-rapids-coming-over-waterfall-selective-focus.jpg


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: jonald_fyookball on January 27, 2015, 07:49:26 PM

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?


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: tss on January 27, 2015, 08:49:51 PM
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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CoinCidental on January 27, 2015, 11:14:50 PM
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?




Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: flipstyle on January 27, 2015, 11:38:42 PM
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.



Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: gogxmagog on January 28, 2015, 03:14:27 AM
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.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CoinCidental on January 28, 2015, 03:33:05 AM
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


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Lethn on January 28, 2015, 03:34:21 AM

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?


He probably thinks Bitcoin is a company owned by somebody, don't mind him ;) I also found it strange that people are ranting about the Winklevoss twins so much when quite simply Coinbase seems to have pulled off what they have planned far better just by doing it instead of talking it up all the time.

Actions always speak louder than words, it's like listening to Paypal bitch about how they love Bitcoin so much and are going to implement it then never do anything and Overstock comes along and just slots it in because they were actually getting it set up instead of going on a PR tour.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: TaunSew on January 28, 2015, 03:38:05 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years. 


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: montreal on January 28, 2015, 03:40:34 AM
I appreciate all the effort they are putting out, they take tons of criticism but keep on trucking. But I wish they would stop throwing out market cap/price per btc  estimates (even if they truly believe it), it really damages their credibility. when the 2 holding 1% of the pie claim it will go from $300 to $40k....


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CoinCidental on January 28, 2015, 03:43:36 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years. 

whatsapp is free and doesnt have to overcome the legal hurdles to beat international banking laws and a million other reasons why uptake will be slower
there is no comparison


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CoinCidental on January 28, 2015, 03:45:52 AM
I appreciate all the effort they are putting out, they take tons of criticism but keep on trucking. But I wish they would stop throwing out market cap/price per btc  estimates (even if they truly believe it), it really damages their credibility. when the 2 holding 1% of the pie claim it will go from $300 to $40k....

id be more worried if they said they didnt have any btc and were opening an ETF and a regulated  exchange
their 1%  will keep them motivated

i bet they will love the day when btc is worth more than facebook -just to stick it to zuckerberg :D


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: TaunSew on January 28, 2015, 03:47:33 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years. 

whatsapp is free and doesnt have to overcome the legal hurdles to beat international banking laws and a million other reasons why uptake will be slower
there is no comparison

Bitcoin is free.  I don't ever recall having to pay to download the QT wallet, or having to pay to use a faucet.  Example fail.  Even Cointelegraph had an article the other day about Bangladeshi students converting their BTC freebies to buy burgers for lunchtime.

Besides there's a lot of paid stuff out there with way more users than Bitcoin.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: God27 on January 28, 2015, 03:49:23 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years. 

Sooo many things wrong with this comparison.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CoinCidental on January 28, 2015, 03:53:33 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years. 

whatsapp is free and doesnt have to overcome the legal hurdles to beat international banking laws and a million other reasons why uptake will be slower
there is no comparison

Bitcoin is free.  I don't ever recall having to pay to download the QT wallet, or having to pay to use a faucet.  Example fail.  Even Cointelegraph had an article the other day about Bangladeshi students converting their BTC freebies to buy burgers for lunchtime.

Besides there's a lot of paid stuff out there with way more users than Bitcoin.


ok ,how much does a burger cost in bangladesh ?


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: TaunSew on January 28, 2015, 04:04:06 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years.  

whatsapp is free and doesnt have to overcome the legal hurdles to beat international banking laws and a million other reasons why uptake will be slower
there is no comparison

Bitcoin is free.  I don't ever recall having to pay to download the QT wallet, or having to pay to use a faucet.  Example fail.  Even Cointelegraph had an article the other day about Bangladeshi students converting their BTC freebies to buy burgers for lunchtime.

Besides there's a lot of paid stuff out there with way more users than Bitcoin.


ok ,how much does a burger cost in bangladesh ?

 8 cents in the article
http://cointelegraph.com/news/113324/my-amsterdam-letdown-and-why-bitcoins-real-value-may-lie-beyond-the-first-world

They made a quarter of an adult's daily wage just for 15 minutes of work of hitting up faucets.  Somebody can move to Bangladesh and live like a king off Bitcoin faucets.



Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CoinCidental on January 28, 2015, 04:16:55 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years.  

whatsapp is free and doesnt have to overcome the legal hurdles to beat international banking laws and a million other reasons why uptake will be slower
there is no comparison

Bitcoin is free.  I don't ever recall having to pay to download the QT wallet, or having to pay to use a faucet.  Example fail.  Even Cointelegraph had an article the other day about Bangladeshi students converting their BTC freebies to buy burgers for lunchtime.

Besides there's a lot of paid stuff out there with way more users than Bitcoin.


ok ,how much does a burger cost in bangladesh ?

 8 cents in the article
http://cointelegraph.com/news/113324/my-amsterdam-letdown-and-why-bitcoins-real-value-may-lie-beyond-the-first-world

They made a quarter of an adult's daily wage just for 15 minutes of work of hitting up faucets.  Somebody can move to Bangladesh and live like a king off Bitcoin faucets.



 i would like an 8 cent burger sent to a lab to be tested before eating it lol
beef aint that cheap ANYWHERE  :D


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: gogxmagog on January 28, 2015, 04:27:04 AM
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

Break like breaking the Internet. FUD and bs news and troll campaigns; lower the price. Creating fake volume by selling coins to themselves; raise the price. When the general public sees how easily this can be done and enough investors get burnt, put the final nail in btc's coffin.
Admittedly it's a paranoid scenario, but after seeing scam after ponzu after blatant rip off and manipulation, not just Wall Street, but everywhere, I am sceptical of these guys.
If you think it can't be done to btc you are wrong. They said forex was too big, and too strong to be rigged too!


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: turvarya on January 28, 2015, 07:43:47 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years. 
I have one word for you: media
(besides other reasons, why you can't compare Bitcoin to a messenger)


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: TaunSew on January 28, 2015, 08:31:55 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years.  
I have one word for you: media
(besides other reasons, why you can't compare Bitcoin to a messenger)

Media?  Bitcoin is mentioned more than Whatsapp..

What other reasons?  Maybe you should tell PayPal who has 150 million users and they exclusively deal with digital payments.   :D

Reason only 250,000 people use Bitcoin is because its' technology isn't ready for mass adoption (if we had millions of users then we'll have terabyte sized blockchains and hours long confirmations), miner whores who keep on dumping, too many crooks and scammers, et cetera.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: turvarya on January 28, 2015, 08:42:46 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years.  
I have one word for you: media
(besides other reasons, why you can't compare Bitcoin to a messenger)

Media?  Bitcoin is mentioned more than Whatsapp..

What other reasons?  Maybe you should tell PayPal who has 150 million users and they exclusively deal with digital payments.   :D

Reason only 250,000 people use Bitcoin is because its' technology isn't ready for mass adoption (if we had millions of users then we'll have terabyte sized blockchains and hours long confirmations), miner whores who keep on dumping, too many crooks and scammers, et cetera.

Yes, there is more bad news about Bitcoin than about WhatsApp. Who wants to use "drug money"? Who wants to buy into a "ponzi"?
Mass adoption can't occur as long as mass media focus on bad news about Bitcoin. The masses are not tech savy, they don't look into a new technology, just because they are curious. They look into it, because mass media told them to do so.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: cuddaloreappu on January 28, 2015, 08:45:14 AM
7 years and the estimation of Bitcoin's userbase is only 250,000 persons.  Whatsapp is newer than Bitcoin and has 600 million users.  There's actually countless examples of tech and products that all acquired more users in their first year than Bitcoin has done over 6+ years.  
I have one word for you: media
(besides other reasons, why you can't compare Bitcoin to a messenger)

Media?  Bitcoin is mentioned more than Whatsapp..

What other reasons?  Maybe you should tell PayPal who has 150 million users and they exclusively deal with digital payments.   :D

Reason only 250,000 people use Bitcoin is because its' technology isn't ready for mass adoption (if we had millions of users then we'll have terabyte sized blockchains and hours long confirmations), miner whores who keep on dumping, too many crooks and scammers, et cetera.


well said, I believe there is a cartel which has influence over bitcoin code and prevents any attempt to make it go mainstream by ignoring these blockchain size issues and solutions!

All they want is bitcoin to remain this same size and never go mainstreeam


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Bitcoinexp on January 28, 2015, 09:57:05 AM
Funny how they seem to manage to grab magnanimous numbers out of the air like that. Sorry if I seem too skeptical but things haven't gone as well as anyone would have hoped for bitcoin. But then these guys come up with an ETF. Bold move if you ask me but well worth the risk. Let's hope they do succeed in "building infrastructure aimed at legitimizing and securing the currency".


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: turvarya on January 28, 2015, 10:40:23 AM
Funny how they seem to manage to grab magnanimous numbers out of the air like that. Sorry if I seem too skeptical but things haven't gone as well as anyone would have hoped for bitcoin. But then these guys come up with an ETF. Bold move if you ask me but well worth the risk. Let's hope they do succeed in "building infrastructure aimed at legitimizing and securing the currency".
Are there any predictions from serious sources(not anonymous accounts on this forum) that became completely untrue?
It is not a surprise that the hopes of uneducated people(I include myself into this group) don't come true.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Bitcoinexp on January 28, 2015, 10:49:40 AM
Funny how they seem to manage to grab magnanimous numbers out of the air like that. Sorry if I seem too skeptical but things haven't gone as well as anyone would have hoped for bitcoin. But then these guys come up with an ETF. Bold move if you ask me but well worth the risk. Let's hope they do succeed in "building infrastructure aimed at legitimizing and securing the currency".
Are there any predictions from serious sources(not anonymous accounts on this forum) that became completely untrue?
It is not a surprise that the hopes of uneducated people(I include myself into this group) don't come true.

Well, one can only hope, given bitcoin is what it is... :)


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: lunarboy on January 28, 2015, 12:07:39 PM
Does anyone here know anything about the politics of these two? Are they libertarians, or just lucky rich kids who bought a shit load of BTC at the right time and now intend to milk it for all its worth?

There are many scammers, many technologists and many philanthropists plus a huge number of greedy get rich quick kids in the is community.

Where do Winklevii fit in?



Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Gio344 on January 28, 2015, 12:24:06 PM
They discovered facebook, its only the number 1 site on the internet

They are early adopters of btc, do you think they will let this one slip away from their hands?



Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: kelsey on January 28, 2015, 12:28:43 PM

Where do Winklevii fit in?


millionaires who want to be trillionaires, so yeah just your average run of the mill millionaires  ;)


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: BitmoreCoin on January 28, 2015, 12:42:16 PM
They will be the Rothchilds of the 21century.. all because the real Rothchilds have absolutely no idea of whats going on outside their circles.

Rothchilds control and manipulate the market. They are not there yet.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CoinCidental on January 28, 2015, 12:43:15 PM
They discovered facebook, its only the number 1 site on the internet

They are early adopters of btc, do you think they will let this one slip away from their hands?



google is number 1 ;)

http://en.wikipedia.org/wiki/List_of_most_popular_websites


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CryptoRaver on January 28, 2015, 12:47:01 PM
It just feels wrong to begin regulating Bitcoin. It will be diluted and mutated into a governmental financial instrument.

Iam with you 100% don't like this idea at all.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: LiteCoinGuy on January 28, 2015, 04:42:12 PM
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?





elite uni - win
gold medals - win

...

its funny when people say they are not successful or they are always the "losers"  ;D


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: turvarya on January 28, 2015, 04:44:11 PM
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?





elite uni - win
gold medals - win

...
I just looked them up on Wikipedia. They don't seem to have done anything besides Facebook and winning a gold metal.
I expected more ...


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CoinCidental on January 28, 2015, 04:55:19 PM
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?





elite uni - win
gold medals - win

...
I just looked them up on Wikipedia. They don't seem to have done anything besides Facebook and winning a gold metal.
I expected more ...

ROFL

 T ell us What have you done then ? :D


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: gogxmagog on January 29, 2015, 01:20:31 AM
Does anyone here know anything about the politics of these two? Are they libertarians, or just lucky rich kids who bought a shit load of BTC at the right time and now intend to milk it for all its worth?

There are many scammers, many technologists and many philanthropists plus a huge number of greedy get rich quick kids in the is community.

Where do Winklevii fit in?



honkies from the east coast, most likely dyed in the wool conservatives.
These type of American Upper Class people, when they go into business, tend to donate $$$ to BOTH democrat and republican incumbents. Its called hedging their bets. Which ever party wins, they are golden.

Their politics are "Always back the winner"


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: lunarboy on January 29, 2015, 05:10:05 AM
Does anyone here know anything about the politics of these two? Are they libertarians, or just lucky rich kids who bought a shit load of BTC at the right time and now intend to milk it for all its worth?

There are many scammers, many technologists and many philanthropists plus a huge number of greedy get rich quick kids in the is community.

Where do Winklevii fit in?



honkies from the east coast, most likely dyed in the wool conservatives.
These type of American Upper Class people, when they go into business, tend to donate $$$ to BOTH democrat and republican incumbents. Its called hedging their bets. Which ever party wins, they are golden.

Their politics are "Always back the winner"

You mean the only thing we can trust about them is their selfish greed?  Ohhhh skips for joy

was hoping for the environmental philanthropist option.



Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: Gleb Gamow on January 29, 2015, 05:39:46 AM
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.  >:(

http://www.nytimes.com/2012/05/07/business/stock-trading-remains-in-a-slide-after-08-crisis.html?pagewanted=all

Quote
Trading in the United States stock market has not only failed to recover since the 2008 financial crisis, it has continued to fall. In April, the average daily trades in American stocks on all exchanges stood at nearly half of its peak in 2008: 6.5 billion compared with 12.1 billion, according to Credit Suisse Trading Strategy.

The decline stands in marked contrast to past economic recoveries, when Americans regained their taste for stock trading within two years of economic shocks in 1987 and 2001.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: botany on January 29, 2015, 03:55:02 PM

You mean the only thing we can trust about them is their selfish greed?  Ohhhh skips for joy


At least they will be predictable.
Greed is what drives this market forward.  :)


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: cuddaloreappu on January 29, 2015, 05:17:37 PM

You mean the only thing we can trust about them is their selfish greed?  Ohhhh skips for joy


At least they will be predictable.
Greed is what drives this market forward.  :)

Greed and selfishness not only  drives the markets but the world itself


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: manselr on January 29, 2015, 06:10:32 PM
In case anyone missed the interview here it is in youtube format:

https://www.youtube.com/watch?v=uEIPzl4Bx5I

I couldnt watch it from the cnbc web por some reason.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: oblivi on January 29, 2015, 06:21:35 PM
In case anyone missed the interview here it is in youtube format:

https://www.youtube.com/watch?v=uEIPzl4Bx5I

I couldnt watch it from the cnbc web por some reason.

What would be the price of 1 coin if Bitcoin reaches 1 trillion marketcap?
Is this realistic or the Winklevii are aiming too high?


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: dyalldough on January 29, 2015, 06:48:56 PM
Sounds like a lot of artificial hip just to market their brand.


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: turvarya on January 29, 2015, 09:08:05 PM
In case anyone missed the interview here it is in youtube format:

https://www.youtube.com/watch?v=uEIPzl4Bx5I

I couldnt watch it from the cnbc web por some reason.

What would be the price of 1 coin if Bitcoin reaches 1 trillion marketcap?
Is this realistic or the Winklevii are aiming too high?
You can calculate it yourself what happens when Bitcoin takes different market shares:
http://worldbitcoinnetwork.com/BitcoinPriceModel-Alpha.html


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CtrlAltBernanke420 on January 30, 2015, 12:36:00 AM
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.

How do you sell 1% of bitcoin without bringing the market to .01


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: CoinCidental on January 30, 2015, 01:01:35 AM
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.

How do you sell 1% of bitcoin without bringing the market to .01


slowly ,very slowly .........


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: oblivi on January 30, 2015, 05:23:31 PM
In case anyone missed the interview here it is in youtube format:

https://www.youtube.com/watch?v=uEIPzl4Bx5I

I couldnt watch it from the cnbc web por some reason.

What would be the price of 1 coin if Bitcoin reaches 1 trillion marketcap?
Is this realistic or the Winklevii are aiming too high?
You can calculate it yourself what happens when Bitcoin takes different market shares:
http://worldbitcoinnetwork.com/BitcoinPriceModel-Alpha.html
Sick website. But even if you turn all the sliders up Bitcoin is not 1 million dollars.
Are Winklevoss tripping when they aim for a trillion dollar marketcap??


Title: Re: Winklevii will become one of great capitalist barons of this century!
Post by: smith coins on January 30, 2015, 09:41:52 PM
You don't really seem very libertarian. Are you sure this is the right currency for you?