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Author Topic: Gemini's launch is a failure, so is bitcoin  (Read 5449 times)
entas Retu (OP)
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October 09, 2015, 11:50:24 AM
Last edit: October 13, 2015, 09:00:53 PM by entas Retu
 #1

What's the next excuse? ETF? i am 100% sure it will be a failure too.

No one wants your sinking bags, better sell fast.

My bet's those deposits that 'haven't cleared yet' are simply face-saving fiction.  After all the hype about 'institutional investors waiting in the wings to buy bit coins,' gotta come up with some sort of excuse, no matter how flimsy, to rationalize the *total* absence of aforementioned, and *complete* lack of interest Undecided
findftp
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October 09, 2015, 11:59:14 AM
 #2

Everyone who thinks news has some instant effect on price is a failure...
Denker
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October 09, 2015, 12:22:00 PM
 #3

What's the next excuse? ETF? i am 100% sure it will be a failure too.

No one wants your sinking bags, better sell fast.

Have you recognised any buy the rumors and sell the news?
I haven't. And yes there had been no increase in price.But that wasn't expected.So stop your FUD!
I'm not saying that Gemini will be successful but I think it's normal that every new business needs time to develep and to grow.In a few months we will see how thinks will have worked out.But not right now in this momet.
talks_cheep
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October 09, 2015, 12:25:01 PM
 #4

Many people desperately wanted bitcoin price to shoot up with the Winklevoss twin's Gemini and ETF. They're finding out Gemini is a failure. They will find out ETF is also a failure. The Winklevoss twin's don't do anything but for themselves. What they want to do is to "corner the market" all to themselves. In short, they're greedy as f*ck. Their greediness will be their downfall. So it will be for the majority of people on this forum.

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October 09, 2015, 12:26:35 PM
 #5

Many people desperately wanted bitcoin price to shoot up with the Winklevoss twin's Gemini and ETF. They're finding out Gemini is a failure. They will find out ETF is also a failure. The Winklevoss twin's don't do anything but for themselves. What they want to do is to "corner the market" all to themselves. In short, they're greedy as f*ck. Their greediness will be their downfall. So it will be for the majority of people on this forum.
I'm very happy to be a greedy motherfucker.
Only idiots sell at these prices.
ssmc2
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October 09, 2015, 01:32:40 PM
 #6

Many people desperately wanted bitcoin price to shoot up with the Winklevoss twin's Gemini and ETF. They're finding out Gemini is a failure. They will find out ETF is also a failure. The Winklevoss twin's don't do anything but for themselves. What they want to do is to "corner the market" all to themselves. In short, they're greedy as f*ck. Their greediness will be their downfall. So it will be for the majority of people on this forum.
I'm very happy to be a greedy motherfucker.
Only idiots sell at these prices.

This.

@OP- GFY
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October 09, 2015, 01:50:16 PM
 #7

The failure of Gemini is finally breaking down this illusion that Wall Street will soon want to buy up bitcoins.
This is important because this desperate hope was one of the main things that kept the price from falling.

I think that it will take about a week before it's clear to everyone and then the first miners will start to unload their accumulated coins.
The Winklevii are the kind of snake oil salesmen who believe in their own product, so they just mess up the scam entirely.


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October 09, 2015, 02:15:38 PM
 #8

Coinbase already had a ton of inbuilt customers they could slot into their exchange. Gemini's going to take a while to get rolling. Having said that they don't offer anything new or any bells and whistles. It's good that it exists but it ain't revolutionising sod all.
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October 09, 2015, 02:18:11 PM
 #9

The Winklevii are the kind of snake oil salesmen who believe in their own product, so they just mess up the scam entirely.

This!
Bitcoiners--the ones still around, the diehards--preached bitcoin for so long they're buying their own hype, to the point of actually believing shit's gonna pump itself.
Because mathematically assured, because this thing can't lose, because network effect, because tubs of purple Kool-Aid.

Stop getting high on our own supply! Let's get back to work and pump this thing.
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October 09, 2015, 02:48:54 PM
 #10

The price of bitcoin has been dropping slowly but constantly for a while. Bitcoin is obviously a failure.
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October 09, 2015, 03:08:25 PM
 #11

The price of bitcoin has been dropping slowly but constantly for a while. Bitcoin is obviously a failure.

It also gave me prostate cancer and bad luck for my future children.
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October 09, 2015, 03:18:04 PM
 #12

Came in expecting a newbie account, was not disapointed.
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October 09, 2015, 03:19:59 PM
 #13

I'am not sure how you guys can say that Gemini is a failure , they just started so let's give them a chance I guess ... ?  Most of exchanges out there are basically worldwide or at least U.S/Europe but Gemini is only for USA now , pretty sure they will people interested once they expand their business to more countries .
and for what comes to the "Bitcoin is a failure" part , I don't know mate from what I see .. Bitcoin is going to the moon , there is even banks who are interested on Bitcoin (Bitcoin and not blockchain technology) and I'am not sure how a 3.5 billion $ marketcap business will just fall . It could fall of course anything can happens but it just not that easy .

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October 09, 2015, 06:44:12 PM
 #14

Everyone who thinks news has some instant effect on price is a failure...

how many months do we need btw, because there are good news that are old a year already and the price is always there

i think those news are only promoting themselves not really bitcoin...
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October 09, 2015, 07:05:04 PM
 #15

How exactly did Gemini fail?  Is the exchange not working?
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October 09, 2015, 08:58:28 PM
 #16

How exactly did Gemini fail?  Is the exchange not working?

Hard to tell from looking at this: https://cryptowat.ch/gemini/btcusd/5min
You decide.
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October 09, 2015, 09:17:10 PM
 #17

There are many exchanges nowadays. There have been some that had failed, and others that have little volume. But Bitcoin follows on.

I did not even noticed about Gemini.

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October 09, 2015, 09:18:52 PM
 #18

How exactly did Gemini fail?  Is the exchange not working?

Well it has failed in the eyes of the unrealistic ones that expected a pump to $300, like it happened with Coinbase. It has also failed even bigger with the trolls who are now here creating accounts, opening threads like this and making fun of the fact that we haven't seen a pump to $300.

There you go, I hope I answered your question.
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October 10, 2015, 02:23:26 AM
 #19

Just because Gemini didn't cause a moon run in price  doesn't  mean it's a failure. It is another building block towards a better btc but one that can be sustainable.

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October 10, 2015, 02:30:05 AM
 #20

http://www.reuters.com/article/2015/01/27/us-winklevoss-exchange-idUSKBN0L02D120150127

gemini will become to next biggest platfrom Smiley

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