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141  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:31:37 PM

News URL : https://cointelegraph.com/news/wirex-closes-3-mln-japan-funding-round-eyes-asia-expansion
142  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:30:37 PM

News URL : https://cointelegraph.com/news/unlike-gold-bitcoin-is-once-in-a-generation-investment-opportunity-cnbc
143  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:29:57 PM

News URL : https://cointelegraph.com/news/when-will-bitcoin-achieve-mass-adoption-and-is-it-even-possible
144  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:28:21 PM

News URL : https://cointelegraph.com/news/bitcoin-core-is-95-of-developments-andreas-antonopoulos
145  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:27:45 PM

News URL : https://cointelegraph.com/explained/ico-explained
146  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:27:06 PM

News URL : https://cointelegraph.com/news/altcoin-takeover-unlikely-despite-bitcoin-transaction-woes-bitpay-ceo
147  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:26:15 PM

News URL : https://cointelegraph.com/news/why-bitcoin-etf-approval-is-likely-72-percent-in-favor-so-far
148  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:21:10 PM

News URL : https://www.cryptocoinsnews.com/bitcoin-gains-usage-nigeria-despite-cbn-warning/
149  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:20:52 PM

News URL : https://www.cryptocoinsnews.com/popular-bitcoin-wallet-provider-coinbase-hit-6-million-users/
150  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:20:22 PM

News URL : https://www.cryptocoinsnews.com/bitcoin-etf-headed-default-approval/
151  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 10:19:52 PM

News URL : https://www.cryptocoinsnews.com/wall-street-journal-bitcoin-terrorist-money-exaggeration/
152  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 08, 2017, 09:57:06 PM

Thank you Fakhoury,
You make my day over and over again, and are proven right in the process.

Please keep it up, and I continue to HODL my few bitcoins!!

Our dear Bitmore, you are welcome my dear bullish friend, anytime Smiley

Keep HODLing, the future is ours Smiley

What do think Fakhoury, still a go for the ETF??  Its feeling like it.

Welcome on board our new bullish friend, Jofus, in between your bullish family Smiley

Although I'm against it (for the time being ONLY), I've said few weeks ago, it will get approved.


Uber bullish Hacknoid, amazing article from amazing guy, keep it up my brother Wink

Yes, we didn't enter into the bubble territory yet, when the ETF is approved, you will witness the bubble unfortunately Sad

Bloomburg has ETF listed:  Pematurely I might add but listed:  https://www.bloomberg.com/quote/COIN:US

Super Bullish Dave Smiley

Everything is pointing for a potential ETF approval close brother Smiley

Bloomburg has ETF listed:  Pematurely I might add but listed:  https://www.bloomberg.com/quote/COIN:US

Dude... Seriously?
It's litteraly written UNLISTED in big at the left of the screen --'

Look dude.... Do you not get it?  I know it's unlisted.  Why can't they have it "ready" (prepared)?  I'm not saying it's listed damn it.

Dear David, I'm extremely sorry for the rudeness of that member, I've deleted the comment, keep calm, I'm always in your back my dear brother, you've always been an elder brother for me Smiley

Bloomburg has ETF listed:  Pematurely I might add but listed:  https://www.bloomberg.com/quote/COIN:US

Dude... Seriously?
It's litteraly written UNLISTED in big at the left of the screen --'

Look dude.... Do you not get it?  I know it's unlisted.  Why can't they have it "ready" (prepared)?  I'm not saying it's listed damn it.

Because that might trigger much more speculation in the market as we are already having.
People could see this as a hint for a possible approval.
Bloomberg can not do this I think. If the ETF gets rejected I don't know if investors would have the possibility to sue Bloomberg due to giving false information or whatsoever, depending if a disclaimer would exist or not.

Welcome back our dear bullish brother, Denker Smiley

Well said buddy Wink

As Denker said, Dave. It will create more speculation and as you know, Bloomberg have a lot of credibility.

More news on ETF: http://cdn.batstrading.com/resources/regulation/rule_filings/pending/2016/SR-BatsBZX-2016-30.pdf

Just showing what was filed as to WHY the delay;  regarding BTC as a "tangible" asset.

what the SEC was analyzing was the BZX Rule 14.11 (e) (4) rule change request. This request was made so that the SEC's understanding of the custody of digital assets, which is something new to them, is accepted. Today the rule says that only tangible assets are accepted as custody and Bitcoin is not tangible. By accepting this change, the Winklevoss Bitcoin (COIN) Shares issued by Winklevoss Bitcoin Trust may be listed on the stock exchange, so the ETF may exist!

Quoted this comment from  Sukoi in Tradingview.

What I'm only afraid of is entering into Bubble territory, reaching $2K - $2.5k then craching to $1.5K, I don't like this !!

More news on ETF: http://cdn.batstrading.com/resources/regulation/rule_filings/pending/2016/SR-BatsBZX-2016-30.pdf

Just showing what was filed as to WHY the delay;  regarding BTC as a "tangible" asset.

what the SEC was analyzing was the BZX Rule 14.11 (e) (4) rule change request. This request was made so that the SEC's understanding of the custody of digital assets, which is something new to them, is accepted. Today the rule says that only tangible assets are accepted as custody and Bitcoin is not tangible. By accepting this change, the Winklevoss Bitcoin (COIN) Shares issued by Winklevoss Bitcoin Trust may be listed on the stock exchange, so the ETF may exist!

Quoted this comment from  Sukoi in Tradingview.

That's a nice change, this is also a huge opportunity for the U.S to regulate/maintain and oversee the whole adoption fase, i go for 75% Yes 25% No.

Welcome back again the ultimate bull, Paashaas.

The ETF will bring a lot of money sitting on the side lines.

I go for 95% Yes 5% No.
153  Economy / Speculation / Re: Speculation Rule: buy when others are irrationally pessimistic or too cautious on: March 07, 2017, 04:58:57 AM
May you elaborate on this please ?

Quote
To borrow a term from Armstrong - this may be a phase transition; the rules seem to be shifting.

Thank you Smiley

Certainly - the best option is to go straight to the source, but in summary:

Water splashes when it flows rapidly into a reservoir, and it also splashes when boiling - two similar effects with drastically different causes. The phase change Armstrong refers to is when markets move in a different manner than what we're accustomed to. Markets behave differently during growth phases and when they mature - even though asset values rise, the reasons and trends may be completely different.

Thank you for the summary, much apperciated.

I guess what you want to say here is that Bitcoin is evolving from growth phase to a mature phase, am I right ?

If I'm right, could you please describe the new era in numbers ? Like what are you expecting in the coming years, what high numbers do you see is achivable and such ?

Thank you again Smiley
154  Economy / Speculation / Re: Speculation Rule: buy when others are irrationally pessimistic or too cautious on: March 07, 2017, 02:38:26 AM
What you guys think about the Bitcoin ETF news coming March 13?

Bitcoin is not going to do a double-top at its ATH because that is not what technology adoption curves do (see the chart I posted of Amazon's stock in the past). At worst, it will consolidate at $1100 or so, and continue to move higher this year. We've broken out of the "mountain of premature hope" of the first hump of technology adoption curves. These don't breakout to a new ATH and then crash anew. We'd been climbing the "wall of worry" lately due to block scaling concerns, but the fact remains that Bitcoin is crypto-currency and the altcoins are not (yet). Bitcoin is going higher because it is the reserve currency of all the experimentation in blockchains (regardless of Bitcoin's scaling).

We are entering a massive exodus from the Euro and into dollars and other safe havens outside the collapsing economies of Europe due to BREXIT and will accelerate when Le Pen is elected in France in 2 months. This will also drive an increase in speculation in those assets which are ignited by this flood of capital seeking a home.

There three ETFs under consideration, not just the Winklevoss ETF. Also there sentiment is not expecting a certain approval. Approval sends Bitcoin skyrocketing. Disapproval merely causes a minor consolidation.

I am not selling BTC fearing a massive price collapse. Diversifying into best of breed altcoins for more leverage is okay, but this leverage can bite you in both directions.

I personally see BTC consolidation happening at a $900-$1000 range.

It is plausible. I am not trading, so I won't stress over it. Traders may wish to analyze it deeper.

An ETF would simply add fuel for a short burst. Maybe $2000-2500 to start. After a correction from there, a flood will probably start (likely coming from Asia & Europe) with $6000 as an initial target for late 2017 to 2018.

The chances of BTC going below $1000 are rapidly dwindling. We're currently at the top of the red channel from my prior posts, and if we exceed $1288-1290 for more than a day it's very likely the trend will continue.

Eventually we may have to retest $1000-1100 but that's likely to be short-lived and sometime around Armstrong's call to beware of April. As of now I still see only the beginning of an acceleration in trend. If we hold above $1265, I think it will be more of a pause in trend than a correction. It still seems that $1300-1500 is being reached for. To borrow a term from Armstrong - this may be a phase transition; the rules seem to be shifting.

May you elaborate on this please ?

Quote
To borrow a term from Armstrong - this may be a phase transition; the rules seem to be shifting.

Thank you Smiley
155  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 03, 2017, 02:47:38 AM

News URL : https://stratisplatform.com/2017/03/02/stratis-breeze-wallet-redefines-financial-privacy-for-blockchains/
156  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 03, 2017, 02:13:55 AM

News URL : http://www.coindesk.com/bitcoin-traders-still-bullish-price-nears-1300-highs/
157  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 03, 2017, 02:05:41 AM

News URL : http://www.newsbtc.com/2017/03/01/record-daily-bitcoin-auction-usd-value-gemini-exchange/
158  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 03, 2017, 02:05:27 AM

News URL : http://www.newsbtc.com/2017/03/01/bitcoin-exchange-coinbase-surpasses-6-million-total-users/
159  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 03, 2017, 02:05:13 AM

News URL : http://www.newsbtc.com/2017/03/02/bitcoin-price-surpasses-1000-gbp-mark-first-time-history/
160  Economy / Speculation / Re: The Bullish Bitcoin Media Center (The ONLY Bullish Bitcoin News Thread) on: March 03, 2017, 01:59:48 AM

News URL : http://bitcoinist.com/switzerland-apartment-rent-bitcoin/
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