empowering
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Activity: 1092
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March 11, 2015, 08:51:06 AM |
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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. I have looked into this site, and it seems legit. As it goes.... I think I know someone that may know Jean-Christophe.... I may have to have a dig. |
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Erdogan
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March 11, 2015, 08:53:16 AM
Last edit: March 11, 2015, 10:13:45 AM by Erdogan |
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Blythe Masters, assuming she is as bad as her reputation here (which I don't assume, really), is welcome. The free market that we see forming, should be able to, by itself, to restrain any bad behaviour.
In my mind, the mildly scary part of this story is that she talks to the politicians and the banksters at all. I prefer people who can operate in the market without political power.
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empowering
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March 11, 2015, 08:55:53 AM |
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Blythe Masters, assuming the is as bad as her reputation here (which I don't assume, really), is welcome. The free market that we see forming, should be able to, by itself, to restrain any bad behaviour.
In my mind, the mildly scary part of this story is that she talks to the politicians and the banksters at all. I prefer people who can operate in the market without political power.
hmmmm do not assume... research. |
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ChartBuddy
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 Online
Activity: 2590
Merit: 2221
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 11, 2015, 08:59:12 AM |
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Fatman3001
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Activity: 1554
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Make Bitcoin glow with ENIAC
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March 11, 2015, 09:04:33 AM |
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Bitcoin is full of crooks, and it's still going strong. |
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hdbuck
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March 11, 2015, 09:05:52 AM |
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Bitcoin Default Swaps: Blythe Masters Joins Bitcoin Startup http://www.zerohedge.com/news/2015-03-10/bitcoin-default-swaps-blythe-masters-joins-bitcoin-startup
“There is a school of libertarian ‘visionaries’ who want to imagine a world without big banks, big governments,” said Ms Masters, who left JPMorgan last April. “That’s nice, but completely irrelevant to this business model. We don’t imagine a world in which big banks and big governments don’t exist.”
“They say they want the world to change, but the world will change by adopting new technology to do a better job,” she said. Reducing the frictional costs of financial transactions is “one of the great challenges of our time”.
And charge a 3% commission every time the frictional costs are "reduced", she forgot to add.
rapists. |
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Asrael999
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March 11, 2015, 09:09:27 AM |
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So why the gap between Stamp and Coinbase ? Are stamp being particularly slow on BTC withdrawl at the moment?
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empowering
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March 11, 2015, 09:10:27 AM
Last edit: March 11, 2015, 09:25:06 AM by empowering |
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I do not think anyone here has said it is a good thing.... I am not sure how much more explicit I could be than SATAN IS COMING.  However.... it is, and always was inevitable that they would come along. Thing is though.... they cannot rehypothecate what is open and transparent (well they can, but not in the same way as they are used to, & yeah it does not stop manipulation of course) So much like in every other scenario.... keep control of your keys, otherwise you have no control over your coins. There is no public ledger for PM's, so therefore raids are common place. The paper PM market is a shower of shit too. |
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thebitcoinquiz.com
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March 11, 2015, 09:20:50 AM |
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True dat. The market is rigged but still we have have to put faith in this rigged market and hope that the people who control the market will sometime makes the price go up so that we can live in peace. |
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Ezmoneyezlife
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March 11, 2015, 09:22:11 AM |
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True dat. The market is rigged but still we have have to put faith in this rigged market and hope that the people who control the market will sometime makes the price go up so that we can live in peace. Yep, they will let it go up for real, but only after another incoming rape in this month. |
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KryptoFoo
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March 11, 2015, 09:25:10 AM |
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Back in long. Buy support is very strong, news flow continues very positive.
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thebitcoinquiz.com
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March 11, 2015, 09:28:41 AM |
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True dat. The market is rigged but still we have have to put faith in this rigged market and hope that the people who control the market will sometime makes the price go up so that we can live in peace. Yep, they will let it go up for real, but only after another incoming rape in this month. They wont rape anyone this month. The rape will happen in April. The prices will rise a bit till April and will plunge down. Then I predict an upward trend till February 2016. |
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Ezmoneyezlife
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March 11, 2015, 09:32:23 AM |
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True dat. The market is rigged but still we have have to put faith in this rigged market and hope that the people who control the market will sometime makes the price go up so that we can live in peace. Yep, they will let it go up for real, but only after another incoming rape in this month. They wont rape anyone this month. The rape will happen in April. The prices will rise a bit till April and will plunge down. Then I predict an upward trend till February 2016. Youre wrong m8, they will rape market this month before april 7th. Riceeaters follow astrology. First wave of dumpage will happen on friday 13 due to Saturn direction change  https://www.tradingview.com/v/rAwF6Yz6/ |
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12345mm
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March 11, 2015, 09:32:35 AM |
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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 $1200 in value per bitcoin then stole give or take 10% of the total "monetary supply" as soon as other exchanges were founded where they could sell these stolen funds. Bitcoin IS fucked. Thaaaaanks mtgox.  Is this guy for real or just someone I can put on ignore? well i'm not making that up if that's what you're asking ... you all do know that is the actual cause of the entire price history right ? ... i mean ... right ? ... that mtgox was a fraudulently run ponzi that used bitcoin as their chosen mechanism with customer funds insider trading and a fake-billion-dollars and cooked the price from the very very beginning and for years all the way to the all time high ? ... in the process (a happy likely unexpected result of their fraud) spurring the entire mining arms race , news , public awareness , big investments , and "merchant adoption" (quotes since in actuality 99% of merchants don't accept/hold btc whatsoever but accept fiat$ through payment processors) ... and then gox stole estimates from 650,000-850,000 btc when they actually had other exchanges to sell it on (admittedly less than 10% of all btc in existence but still a huge number) ... and has been cashing it in ever since on other exchanges for the last year+ driving the price from the completely artificial $1200something down now like $1000ish as everybody pays off the $700,000,000ish theft ... right ? ... which isn't even close to being fully absorbed ... right ? ... i thought this was like common fucking knowledge at this point ? ... i was just making a joke re the stock market being fucked compared to the bitcoin market pointing out the what i thought was obvious  ... of course the infrastructure banged out of chinese chip assembly lines and redundant exchange capacity as it exists today means we are now in a totally organic market ... plus wallstreet ... they're always on the up and up ... and besides ... rigged markets can be very profitable so who really cares right ? ... |
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marcus_of_augustus
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Activity: 3920
Merit: 2349
Eadem mutata resurgo
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March 11, 2015, 09:32:53 AM
Last edit: March 11, 2015, 09:55:58 AM by marcus_of_augustus |
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no ... we just want to get the bastards out into the open on a level playing field where we can deal to them, big fat soft pigs won't last long in the wild west of finance. You might have noticed the scammers and scumbags get flushed out real quick in bitcoin, it is why it seems like there is so many of them, in legacy finance they hide behind regulators skirts and legalese and keep right on scamming and you hardly hear about it. |
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empowering
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Activity: 1092
Merit: 1442
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March 11, 2015, 09:35:25 AM |
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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 $1200 in value per bitcoin then stole give or take 10% of the total "monetary supply" as soon as other exchanges were founded where they could sell these stolen funds. Bitcoin IS fucked. Thaaaaanks mtgox. Is this guy for real or just someone I can put on ignore? well i'm not making that up if that's what you're asking ... you all do know that is the actual cause of the entire price history right ? ... i mean ... right ? ... that mtgox was a fraudulently run ponzi that used bitcoin as their chosen mechanism with customer funds insider trading and a fake-billion-dollars and cooked the price from the very very beginning and for years all the way to the all time high ? ... in the process (a happy likely unexpected result of their fraud) spurring the entire mining arms race , news , public awareness , big investments , and "merchant adoption" (quotes since in actuality 99% of merchants don't accept/hold btc whatsoever but accept fiat$ through payment processors) ... and then gox stole estimates from 650,000-850,000 btc when they actually had other exchanges to sell it on (admittedly less than 10% of all btc in existence but still a huge number) ... and has been cashing it in ever since on other exchanges for the last year+ driving the price from the completely artificial $1200something down now like $1000ish as everybody pays off the $700,000,000ish theft ... right ? ... which isn't even close to being fully absorbed ... right ? ... i thought this was like common fucking knowledge at this point ? ... i was just making a joke re the stock market being fucked compared to the bitcoin market pointing out the what i thought was obvious ... of course the infrastructure banged out of chinese chip assembly lines and redundant exchange capacity as it exists today means we are now in a totally organic market ... plus wallstreet ... they're always on the up and up ... and besides ... rigged markets can be very profitable so who really cares right ? ... Can you give me a run down of deaths caused by wooden and metal steering wheels too please \s |
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empowering
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Activity: 1092
Merit: 1442
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March 11, 2015, 09:36:48 AM |
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Ezmoneyezlife
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March 11, 2015, 09:38:06 AM |
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Just look at the chart and wait until friday m8 |
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macsga
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Strange, yet attractive.
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March 11, 2015, 09:41:26 AM |
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Now, THAT'S what I call legit prediction!  Seriously now, in the same page there's a FAR better chart to look at: https://www.tradingview.com/chart/FX:EURUSD/EUR seems to be suffering a horrible death...  |
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