Gemini opens 08 Oct for trading!!

[!! pop]

Well let's not start sucking each others ***** just yet. It's only been an $8 increase so far.

"If not now, when?"--Hillel the Elder

[g-unit]

Well let's not start sucking each others ***** just yet. It's only been an $8 increase so far.

"If not now, when?"--Hillel the Elder

Lol, good question. My quote was from Pulp Fiction.

[talks_cheep]

It looks like the high was 249.01@bfx, not even 250.

Didn't Coinbase's pump-and-dump get up to 310???

How pathetic is this???

[fuddudle]

It looks like the high was 249.01@bfx, not even 250.

Didn't Coinbase's pump-and-dump get up to 310???

How pathetic is this???

Didn't just happen overnight (quite)

And lets not forget the recoil pump shortly after the huge coinbase dump.

One potential reason for all this hesitation in the price is just too much positive sentiment. The market moves in the direction that people least want. Because it benefits the market maker, not the rest of the market.

[Roy Badami]

So I'm just curious, I know for a fact that they share your personal info like SS# and other things you have to provide them to the government which they can choose to do whatever with.. Doesn't this scare anyone? I know it scares me, and I never do anything illegal with my Bitcoin, just the fact that they have ready access to this makes it feel something shady is going to happen...

The US government already knows your SSN - they're the ones who issued it!

[randy8777]

It looks like the high was 249.01@bfx, not even 250.

Didn't Coinbase's pump-and-dump get up to 310???

How pathetic is this???

the coinbase pump was high but it didn't last that long. i hope people don't get upset if things don't turn out to be what they expected it to be. that will result in another dump.

[chennan]

So I'm just curious, I know for a fact that they share your personal info like SS# and other things you have to provide them to the government which they can choose to do whatever with.. Doesn't this scare anyone? I know it scares me, and I never do anything illegal with my Bitcoin, just the fact that they have ready access to this makes it feel something shady is going to happen...

The US government already knows your SSN - they're the ones who issued it!

Well it's not just that, but trusting Gemini as a third party that could do whatever they want with that information.. Personal information about you like that is very valuable.

[billyjoeallen]

What is interesting to speculate about is that there will likely be relatively low liquidity at the exchange when it first opens. There's a heluva lot more fiat in New York than there is bitcoin.


That means it's possible that institutional investors with huge piles of fiat could just market buy and drive the price up quite high.  The Winklevi are probably not going to use their own coins for liquidity, but it remains to be seen. 

[Fiat_Hodler]

What is interesting to speculate about is that there will likely be relatively low liquidity at the exchange when it first opens. There's a heluva lot more fiat in New York than there is bitcoin.


That means it's possible that institutional investors with huge piles of fiat could just market buy and drive the price up quite high.  The Winklevi are probably not going to use their own coins for liquidity, but it remains to be seen. 

one word: Arbitrage...

Google it...

[lyth0s]

What is interesting to speculate about is that there will likely be relatively low liquidity at the exchange when it first opens. There's a heluva lot more fiat in New York than there is bitcoin.


That means it's possible that institutional investors with huge piles of fiat could just market buy and drive the price up quite high.  The Winklevi are probably not going to use their own coins for liquidity, but it remains to be seen. 

one word: Arbitrage...

Google it...

IF market orders were placed on Gemini the arbitrage would be to send bitcoins from other exchanges to Gemini thereby increasing the bitcoin price across the board.

[minerbit hill]

I'm excited because it will generate a lot publicity, a lot of mainstream media I hope. Also because our current exchanges are a mess.

[Mickeyb]

I'm excited because it will generate a lot publicity, a lot of mainstream media I hope. Also because our current exchanges are a mess.

Yes, and a lot of stock exchange type of people that this exchange can draw closer to Bitcoin. This also means that ETFs are much closer to the reality!

[Febo]

I'm excited because it will generate a lot publicity, a lot of mainstream media I hope. Also because our current exchanges are a mess.

I think it will mainly influence USA. It should give a lot publicity in USA. If it will not they will make a big fail. The rest of the world will not bother with it much.
If this would happen in Chine it would be really huge deal.

[avatar_kiyoshi]

Tomorrow!

What is interesting to speculate about is that there will likely be relatively low liquidity at the exchange when it first opens. There's a heluva lot more fiat in New York than there is bitcoin.


That means it's possible that institutional investors with huge piles of fiat could just market buy and drive the price up quite high.  The Winklevi are probably not going to use their own coins for liquidity, but it remains to be seen. 

one word: Arbitrage...

Google it...

New exchanges is the target who wants to do an arbitrage.
the demands for this exchanges is in long queue: http://www.coindesk.com/bitcoin-exchange-gemini-new-york/

So I'm just curious, I know for a fact that they share your personal info like SS# and other things you have to provide them to the government which they can choose to do whatever with.. Doesn't this scare anyone? I know it scares me, and I never do anything illegal with my Bitcoin, just the fact that they have ready access to this makes it feel something shady is going to happen...

The US government already knows your SSN - they're the ones who issued it!

Well it's not just that, but trusting Gemini as a third party that could do whatever they want with that information.. Personal information about you like that is very valuable.

Through Coinbase the gov is already know your identity.

With Gemini now, maybe the gov wants to revealed who is satoshi nakamoto

[melisande]

Much ado about this today is October 8, has the exchange started? Also i can not see the website anywhere.

[LMGTFY]

Much ado about this today is October 8, has the exchange started? Also i can not see the website anywhere.

Opens in a few hours, I think (I'm about 4-5 hours ahead of New York - I've not checked but it must be 7am, 8am in NY).

Here's their website, but their blog is probably more interesting for the next few hours!

[melisande]

Much ado about this today is October 8, has the exchange started? Also i can not see the website anywhere.

Opens in a few hours, I think (I'm about 4-5 hours ahead of New York - I've not checked but it must be 7am, 8am in NY).

Here's their website, but their blog is probably more interesting for the next few hours!

Thank you for sharing this as i almost got lost looking for this in this forum. But why did you say is probably more interesting for the next few hours!

[LMGTFY]

Much ado about this today is October 8, has the exchange started? Also i can not see the website anywhere.

Opens in a few hours, I think (I'm about 4-5 hours ahead of New York - I've not checked but it must be 7am, 8am in NY).

Here's their website, but their blog is probably more interesting for the next few hours!

Thank you for sharing this as i almost got lost looking for this in this forum. But why did you say is probably more interesting for the next few hours!

Aha! Just because there won't be any trading going on until the exchange officially opens! Though I guess if you could rustle up an invite it might be quite interesting to see what the main site looks like (I've not bothered with an invite - I'm not in the US, and I strongly suspect my net wealth is far too low for me to be interesting to Gemini, or for their exchange to be of much use to me).

[avatar_kiyoshi]

Sign up today, but looks like their two-factor authentication for mobile number is not available for all country, although on the option, all country in the list.

Please opt in to be notified when we launch in your country.

[Mickeyb]

It looks like the high was 249.01@bfx, not even 250.

Didn't Coinbase's pump-and-dump get up to 310???

How pathetic is this???

This is the worst thing that could happen to us. What do we need a pump to over a $300 if we gonna fall down flat on our node 7 days later. These pump and dumps are just harming us, when will people going to realize this?

I hope we stay at this level. Maybe that we move $10 more to $255 and that we for a new floor at $250 and that we continue our growth from here!