gembitz
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March 01, 2017, 03:21:04 PM |
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$1337 CLOSE!! BITCOIN ===> MOON & MARZZZ :-D WEEEEEEEEEEEEEEEE//^
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2017Bubble
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March 01, 2017, 03:21:11 PM |
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Double toppish?
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JimboToronto
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Activity: 4130
Merit: 4780
You're never too old to think young.
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March 01, 2017, 03:23:20 PM |
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Well well well. An extra good morning ladies and gentlemen of Bitcoinland.
Glad I woke up early enough to see the tail end of this splendid little leg up we've all been waiting for.
It looks like everybody's having an ATH... currently $1210USD at Bitcoinaverage. We Canucks solidly broke over $1600... currently $1611CAD.
Now we can set our sights on gold ounce parity. Yes, I know it's an arbitrary measure but it should catch a few eyes.
Go Bitcoin go.
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xanderbelly
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March 01, 2017, 03:24:33 PM |
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GLD probably hasn't done gold any favours though. I wonder whether a Bitcoin ETF will do the same.
Well, one big difference, and what would be absolutely critical for Bitcoin ETFs and Trusts moving forward, is 100% on-demand transparent auditing of holdings. That has to be a thing, and it should be trivial and built-in. If Bitcoin exchanges and brokers can expose it easily (well some have chosen to anyway), then COIN or any of the other ETFs should be able to make that happen on any given Sunday. Otherwise it'll just become like Gold ETFs long term.... no transparency, no proof of holdings, fractional reserve trading, naked short-selling, etc. The COIN ETF has an ongoing financial auditor and will publish "proof of control" of the cold storage coins by a message signed with the private keys, on a monthly basis. This proof of control will be published on their website. Their cold storage system was designed to make it simple to provide this "proof of control" without compromising security, and monthly auditing of such was included in the latest S1 amended filing.
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gembitz
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March 01, 2017, 03:26:17 PM |
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Well well well. An extra good morning ladies and gentlemen of Bitcoinland.
Glad I woke up early enough to see the tail end of this splendid little leg up we've all been waiting for.
It looks like everybody's having an ATH... currently $1210USD at Bitcoinaverage. We Canucks solidly broke over $1600... currently $1611CAD.
Now we can set our sights on gold ounce parity. Yes, I know it's an arbitrary measure but it should catch a few eyes.
Go Bitcoin go.
$1500 NOW ON GENTLEMEN STREET PRICE INDEX WOW LOOK AT IT GO!!! :-D lol
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JimboToronto
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Activity: 4130
Merit: 4780
You're never too old to think young.
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March 01, 2017, 03:52:45 PM |
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I come back after putting on some clothes and a pot of coffee to see the inevitable profit-taking/correction happening.
That's what I love about this nice steady bull run. It keeps correcting itself as it goes, never running away with itself into a bubble.
Slow and steady wins the race.
February was an excellent month. Let's see what March brings. It certainly is off to a good start.
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Torque
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March 01, 2017, 03:54:40 PM Last edit: March 01, 2017, 04:06:46 PM by Torque |
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It looks like Snapchat's IPO tomorrow will be valued between $18.5 billion to $25 billion. Bitcoin can easily go up 50x in the next couple of years.
I know, right?? What a complete joke. HTF are they going to monetize that?? Putting ads? That will turn people away from using the service. Just like Twitter, you can't make any money because you can't monetize it. Look at Twitter's stock drop from IPO...
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Ted E. Bare
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March 01, 2017, 04:23:13 PM |
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Morning to you too Jimbo and all the other people in bitcoinland!!
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JimboToronto
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You're never too old to think young.
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March 01, 2017, 04:55:35 PM |
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Morning to you too Jimbo and all the other people in bitcoinland!! Top o' the mornin' to you too Ted. It's days like this that confirm the wisdom of being a long-term Bitcoin permabull and bagholder. It's also nice to see the FUDsters and trolls crawl back under their rocks. How are those $200 coins doing Kwuk? Hey Ask, enjoying your shorts? At least Poolminor had the balls to man up and admit he was wrong. I'm glad I didn't put him on ignore. We both know this won't last forever and eventually some bit of news will precipitate another steep panic dump and ensuing FUD storm, so let's just enjoy this while it's happening. I'm trying to free up some fiat for whatever happens on or before the 11th. If the ETF is rejected, we should have a lovely buying opportunity, maybe even as extreme as triple digits one last time. If it's approved, I want to be ready to buy the predictable correction dip, possibly back down under $2000 one last time.
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silverfuture
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central banking = outdated protocol
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March 01, 2017, 05:03:48 PM |
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Double toppish?
Depends, the next 6 hours are critical! Seriously though, we did achieve a higher high and it's going up again. Whew...
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Ted E. Bare
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March 01, 2017, 05:12:00 PM |
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If the community is willing to come over to Amsterdam, I can host a big bitcoin party once we reach $2000.
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jbreher
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lose: unfind ... loose: untight
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March 01, 2017, 05:17:37 PM |
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The gold market has been fully developed for millennia. That's a deeply silly comparison. GLD probably hasn't done gold any favours though. I wonder whether a Bitcoin ETF will do the same. While the price of gold dropped subsequent to the creation of GLD, there may be significantly different pressures with COIN. While I don't know, I rather suspect that GLD was allowed to hold 'paper gold' to back all incoming investment. After all, 'paper gold' has a long and infamous history in world finance, with each ounce of physical gold supposedly 'backing' dozens of ounces of paper gold (I'll leave it an exercise to the reader as to what might happen if a significant fraction of holders suddenly want to convert their paper gold to physical gold). Paper gold being created essentially limitlessly (i.e., fractional reserve) led to no upward pressure on (physical) gold price from investments into GLD. OTOH, my impression is that all the potential Bitcoin ETFs in play will be required to back deposits with actual Bitcoin. If new money flows into COIN, actual Bitcoin will need to be purchased to back the deposits (at least once the Winklevii's personal stash is depleted). This would lead to significant upward pressure on Bitcoin price. The sudden availability for Suzy Creamcheese to direct her 401(k) to Bitcoin, coupled with time-proximate popular press coverage of ATH & 1BTC/1ozXAU parity, and the general malaise in traditional interest-bearing investments, could easily lead to FOMO in the public at large.
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petahashminer
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March 01, 2017, 05:22:34 PM |
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This is.. gentlemen.. good rise healthy rise good rise, go on baby sure, you will hit to titan , which is the moon of the saturn.
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jbreher
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Activity: 3038
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lose: unfind ... loose: untight
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March 01, 2017, 05:27:33 PM |
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Well well well. An extra good morning ladies and gentlemen of Bitcoinland.
Glad I woke up early enough to see the tail end of this splendid little leg up we've all been waiting for.
I know, right? I've been keeping my eyes on GDAX of late (personal nexus). My first look this morning was $1230.00. Fun times.
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bitcoinvest
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13eJ4feC39JzbdY2K9W3ytQzWhunsxL83X
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March 01, 2017, 05:33:11 PM |
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what a nice day!!! Good Afternoon bitcoin land! when i checked the price early morning all was normal upwards very slow and here we are I read an article today regarding situation in Europe regarding elections in March, if i remember good Holland in 2 weeks...after speaking about France... and general proposing SELL assets and not have and feelings since there is big crisis in Europe.... if was a good movement to do for those people would be to buy Bitcoins... And if this puzzle goes like this: ETF Approval, Europe Crisis gets bigger... etc then maybe we need buy plots to the moon already...
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Torque
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March 01, 2017, 05:35:51 PM |
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And if this puzzle goes like this: ETF Approval, Europe Crisis gets bigger... etc then maybe we need buy plots to the moon already...
You forgot to add March 15th to that list. This year will be fun times to watch..
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DonQuijote
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♠ ♥ ♣ ♦ < ♛♚&#
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March 01, 2017, 05:36:56 PM |
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And if this puzzle goes like this: ETF Approval, Europe Crisis gets bigger... etc then maybe we need buy plots to the moon already...
You forgot to add March 15th to that list. This year will be fun times to watch.. Why?
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600watt
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March 01, 2017, 05:38:41 PM |
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If the community is willing to come over to Amsterdam, I can host a big bitcoin party once we reach $2000. I am coming! Great idea!
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Torque
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March 01, 2017, 05:39:11 PM |
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And if this puzzle goes like this: ETF Approval, Europe Crisis gets bigger... etc then maybe we need buy plots to the moon already...
You forgot to add March 15th to that list. This year will be fun times to watch.. Why? Date that U.S. debt ceiling freezes in at $20T, U.S. govt runs out of budget money by mid-summer unless debt ceiling is raised or DRASTIC govt budget cuts happen (like hundreds of $B slashed). Or a default (yeah right). Or a govt shutdown (yeah right). Good luck with that one Trump-supporters! (We'll see if the Emperor truly has clothes or not)
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Elwar
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Viva Ut Vivas
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March 01, 2017, 05:43:57 PM |
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