Fuck me.... it is a party https://www.cryptofacilities.com/derivatives/pressreleaseshttps://www.cryptocoinsnews.com/traditional-bankers-creating-bitcoin-derivatives/"Bitcoin Derivatives In partnership with another former big-time banker, Jean-Christophe Laruelle from Société Générale, Schlaefer has founded Crypto Facilities. What Crypto Facilities will be primarily concerned with is the hedging of Bitcoin investments via derivatives trading. Its first offering will be the trusty forward contract, a trading mechanism utilized in all derivatives markets. These are purely financially-minded people, keep in mind, and the liberating benefits of Bitcoin as well as its technological superiority are meaningless to them. In their press release, they make as much clear: The platform aims to appeal to sophisticated investors and is backed by a high-profile team of experienced professionals from top investment banks and regulatory advisors. “The bitcoin space still lacks professional, reliable marketplaces, and this is what we provide. We apply the same standards in terms of risk management, compliance and reporting as you would see in the traditional finance space,” said Timo Schlaefer, Co-Founder and CEO." PS - Massive laugh in the face of all the trolls with their pathetic bleating "Wall street is not interested, they will never be interested blah blah blah blah blah" wrong, plain old fashioned just wrong. |
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Yup... that is the hilarious part.... that bit is great.
The disturbing part is BLYTHE MASTERS!!!!!!!!!! Nooooooooooooooooo
I don't like the guy, but the greatest and foremost utopia that exists in crypto-world is that the current economic establishment's top boys will be left out of the way when there's massive adoption. Well; this won't happen! They know how the system works and -frankly- I think we need them around for they possess significant knowledge. On the other hand, bitcoin derivatives to my understanding is a high risk investment. To give it a perspective, it is like entrusting your Bitcoins to someone's hands who was involved in the MtGox story... Yeah; I know. Some people would do it again...  Blythe is a woman (but she was once married to Daniel Masters of Royal Dutch Shell/Salomon fame who was involved in developing energy gas/crude markets, who incidentally now is part of GABI) Blythe is a scary woman. Ask any silver trader  (given her past track record, think derivatives and manipulation) (oh and also over leveraging and swaps) (ps oh and also, the idea I hope is to create a system that is better, and certainly more transparent than the system we already have, "they" may know how it works alright, but it is "their" games that is one of the main driving reasons we need a new system) |
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I don't necessarily think this is bad for crypto. Maybe it's the "system's" way of adopting something they can't fight (or they didn't want to fight in the first place). Don't forget:
First they ignore you, then they laugh at you, then they fight you, then you win.
Mahatma Gandhi.  Yup... that is the hilarious part.... that bit is great. The disturbing part is BLYTHE MASTERS!!!!!!!!!! Nooooooooooooooooo |
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SATAN HAS ARRIVED !!!!!! Run for the fucking hills!!!!!!!!!1 Masters joins cryptocurrency start-up Blythe Masters, the former JPMorgan executive who helped pioneer credit derivatives in the 1990s, has re-emerged as chief executive of a cryptocurrency start-up. http://www.ft.com/cms/s/0/e29808a8-c744-11e4-9e34-00144feab7de.html#axzz3U3DjNedRfml We need to start investing in silver stakes. Seriously though this is at the same time hilarious and also disturbing...... Masters? Blythe Masters?  Is it as scary as the time when Brooksley Born, former head of the CFTC, tried to warn the US congress of the dangers of derivatives and was silenced by Greenspan, Rubin and Summers? source http://www.pbs.org/wgbh/pages/frontline/warning/view/It is so scary that as I was reading my arse started to quiver like a cyclopses eye in a hailstorm. I am skeptical of your ability to watch a 60 minute program in 9 minutes. Take a load off, you might learn something. (I was referring to the article I posted.... not the program, I will give it a watch, but bearing in mind I used to work for JP Morgan (In the late 90's early 2000's, they bought out/merged with a firm I was working for) and that I lived through the whole episode, I doubt that I will learn anything I will not have heard before (but then again I might) but this looks like something I will enjoy watching, so thank you for the link ) |
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SATAN HAS ARRIVED !!!!!! Run for the fucking hills!!!!!!!!!1 Masters joins cryptocurrency start-up Blythe Masters, the former JPMorgan executive who helped pioneer credit derivatives in the 1990s, has re-emerged as chief executive of a cryptocurrency start-up. http://www.ft.com/cms/s/0/e29808a8-c744-11e4-9e34-00144feab7de.html#axzz3U3DjNedRfml We need to start investing in silver stakes. Seriously though this is at the same time hilarious and also disturbing...... Masters? Blythe Masters? Is it as scary as the time when Brooksley Born, former head of the CFTC, tried to warn the US congress of the dangers of derivatives and was silenced by Greenspan, Rubin and Summers? source http://www.pbs.org/wgbh/pages/frontline/warning/view/It is so scary that as I was reading my arse started to quiver like a cyclopses eye in a hailstorm. |
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I heard there was a company that cooked its books in 1936. Stock Market is fucked.
I hear that for the first 6 out of 7 years of bitcoin's history there was only 1 exchange which for the first 4 years was the only exchange in existence for bitcoin and next couple years was by far the highest volume exchange which cooked it's books from pennies to $1200 in value per bitcoin then stole give or take 10% of the total "monetary supply" as soon as other exchanges were founded where they could sell these stolen funds. Bitcoin IS fucked. Thaaaaanks mtgox.
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SATAN HAS ARRIVED !!!!!! Run for the fucking hills!!!!!!!!!1 "Masters joins cryptocurrency start-up Blythe Masters, the former JPMorgan executive who helped pioneer credit derivatives in the 1990s, has re-emerged as chief executive of a cryptocurrency start-up." http://www.ft.com/cms/s/0/e29808a8-c744-11e4-9e34-00144feab7de.html#axzz3U3DjNedR- fml We need to start investing in silver stakes. Seriously though this is at the same time hilarious and also disturbing...... Masters? Blythe Masters? |
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all I can see are some frustrate bulls not being able to reach 320 and close their longs on some suckers.
I am cool.
all I can see are some frustated bears not being able to reach any closer to 200 and get some cheap coins on some suckers. I am cool well, we can still hit 360 and then go into 100 territory, so I wouldnt be so cocky if I were bull. and volume means shit. we all know that from china exchanges. you bullshave noticed that even china is following bitsatmp. any explanation? Why are you here Tarmi? just out of interest? Are you here shorting and waiting for BTC to hit $100 and then $50 and then $0? |
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all I can see are some frustrate bulls not being able to reach 320 and close their longs on some suckers.
I am cool.
all I can see are some frustated bears not being able to reach any closer to 200 and get some cheap coins on some suckers. I am cool  |
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Loaded is a multimillionaire. And so are his friends and investors. If you think he can't push up the price because he already has tons of bitcoins, and all of his and his friends money are already in bitcoin, then you are dumb.
We are moving up so fucking deal with it, and quit trying to make an excuse for every bit of good news just because you shorted or sold at the bottom.
lol angry bagholders dont want their moment of euphoria ruined. like i said, last time he came and winked all of you delusional bulls did the same thing. You and tarmi are sounding increasingly worried.. Worried about what, exactly? The price rising further obviously.  i'm getting my 'beartroll' suit on right now....... ya all should known by now ya gonna get dumped on again .... Yeah there may be some dumps... Still... We are going up |
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all I can see are some frustrate bulls not being able to reach 320 and close their longs on some suckers.
I am cool.
We are far from frustrated. It usually takes more than a couple of weeks to get a 40% profit. Everything is going according to plan. there is no "we". there is no "plan". only you delusional fuck. Take a seat...  |
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Auction coins went for a good price. All I can say on the subject.
b..b..but user "yourmother" assures me that the winners only spent millions at auction so that they could dump them on an exchange for a quick short term profit   (ps Love you yourmother) |
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Bitfinex down?
There hasnt been a trade for 6 minutes and im getting an error on the site
Down for me too (back up again) |
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soon.
you misspelled moon. Moon is the next stop. Mars the final destination. I was hoping for the singularity. |
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soon.
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My (analog monkey's) guess is we are at $315 by EOW.
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lol 300 $
where are the bear trolls
Hibernating........ or...... sharpening their claws.  I approve of this message.  |
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