Torque
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Activity: 3682
Merit: 5243
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March 11, 2017, 01:15:41 PM |
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I find it strange that they did not accept the ETF because they could not regulate every bit of it. How do they regulate all of the gold in the world for the GLD ETF?
They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated. The SEC is just living in a fool's world. I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked. If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled.
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becoin
Legendary
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Activity: 3431
Merit: 1233
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March 11, 2017, 01:15:51 PM |
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If we take a look for a while at TA:
If you want to be successful investor forget about TA! TA is a fishnet to catch small fish. Well, what's your recommendation for me then? Play with your emotions, "sense" or so called "feelings"? That's stupid. I always thought TA is the 1st thing which has to be done before investing any serious money into any kind of investment such as stocks, forex, bitcoin etc. Stupid are people that don't understand TA is just a graphical representation of their emotions. They see the picture what they want to see. I strongly disagree at this point. Maybe im new but all pro forex traders uses TA for their trades. You will also call them stupid people? Of course, they are stupid. 95% of the so called FX traders are losers! Lost money is just the price they pay for their adrenaline addiction. If you need high adrenaline levels in your blood, bungee jumping is much more effective and cheaper than FX trading!
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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March 11, 2017, 01:17:29 PM |
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I find it strange that they did not accept the ETF because they could not regulate every bit of it. How do they regulate all of the gold in the world for the GLD ETF?
They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated. The SEC is just living in a fool's world. I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked. If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled. Yeah but we already knew that.
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Torque
Legendary
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Activity: 3682
Merit: 5243
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March 11, 2017, 01:30:46 PM |
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I find it strange that they did not accept the ETF because they could not regulate every bit of it. How do they regulate all of the gold in the world for the GLD ETF?
They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated. The SEC is just living in a fool's world. I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked. If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled. Yeah but we already knew that. 'Rigged against the masses' meaning that the wealthy elite can't corner the market, not in the beginning, and not ever. So how long until the World banks issue a pre-mined Bankcoin, sold/traded on bank owned and controlled exchanges, and the SEC says "yeah we'll approve the Bankcoin ETF, no problem." ?
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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March 11, 2017, 01:32:41 PM |
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I find it strange that they did not accept the ETF because they could not regulate every bit of it. How do they regulate all of the gold in the world for the GLD ETF?
They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated. The SEC is just living in a fool's world. I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked. If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled. Yeah but we already knew that. 'Rigged against the masses' meaning that the wealthy elite can't corner the market, not in the beginning, and not ever. So how long until the World banks issue a pre-mined Bankcoin, sold/traded on bank owned and controlled exchanges, and the SEC says "yeah we'll approve the Bankcoin ETF, no problem." ? Oh sure, that could happen. And it would then come crumbling down with the rest of the fiat economy.
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eddie13
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Activity: 2296
Merit: 2262
BTC or BUST
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March 11, 2017, 01:33:55 PM |
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I predicted 713 after ETF fail and massive fud campaign, I knew I was wrong as soon as it dumped to around $1k, saw the spread open up and 1800 BTC sell orders get scarfed up like someone spilled a bag of crack in a back alley..
At that moment I thought "holy crap BTC is King Kong STRONG!" and knew, well thought, that the hit was going to be much less than anyone expected..
Now I think that one everyone realizes how much of an absolute beast BTC is, get over their fears of a second dump, BTC is going to pump..
"Wait till china wakes up, it will dump more" "People still haven't heard the news and will sell once they do".. Nope.. Like I said elsewhere, if you are plaing with enough BTC to put a dent in the market and you were sleeping at the expected news time, you are crazy and a bad trader.. China whales sleeping at the deadline? Yeah right, if they aren't working in shifts playing their massive capitol they would be failed whales in no time..
I'm out of a fiat exchange right now but almost hedged in dash during the kill but forgot I was ban evading on a different account with no capitol in it so missed it, lol.. I'm very pleased with these results..
I need to round up my balls, trade more aggressively, put it on the line, and trust my gut more..
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spooderman
Legendary
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Activity: 1652
Merit: 1029
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March 11, 2017, 01:37:52 PM |
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is.....is that it??
wow bitcoin is mature these days.
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stereotype
Legendary
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Activity: 1554
Merit: 1000
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March 11, 2017, 01:39:12 PM |
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I find it strange that they did not accept the ETF because they could not regulate every bit of it. How do they regulate all of the gold in the world for the GLD ETF?
They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated. The SEC is just living in a fool's world. I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked. If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled. Yeah but we already knew that. 'Rigged against the masses' meaning that the wealthy elite can't corner the market, not in the beginning, and not ever. So how long until the World banks issue a pre-mined Bankcoin, sold/traded on bank owned and controlled exchanges, and the SEC says "yeah we'll approve the Bankcoin ETF, no problem." ? Yep, and even easier to achieve if its R3-Bankcoin!
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Stevenirving
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March 11, 2017, 01:58:57 PM |
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Hey everyone. Well the good news is my wife is very happy! She is back from her mothers and believes I am not a complete fool once more. Sold at $1196 on stamp so everyone is happy. I didnt lose anything. In face made a tiny bit. She isn't leaving me anymore. Now all that is left to do is cry into a pillow because I have no position. She says if I do this again she will kill me, but on the crash we must have this weekend as we shake out weak hands Ill be back No one tell me wife You are the biggest loser I have seen on this board. Are your posts a joke? I'm really sorry for you if they aren't... I bought my house my wife and kids live in with profit from bitcoin over the years. Blow me Then what the hell is she doing telling you what you can do and what are you doing putting up with it? THATS WHAT I SAID! It wasn't well received unfortunately
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Searing
Copper Member
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Activity: 2898
Merit: 1464
Clueless!
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March 11, 2017, 02:22:02 PM |
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I find it strange that they did not accept the ETF because they could not regulate every bit of it. How do they regulate all of the gold in the world for the GLD ETF?
They just think they do. Just because there are multiple ways of checking gold's price does not mean that the market cannot be manipulated. The SEC is just living in a fool's world. I think it is actually even worse than this. The SEC pretty much confirmed that A) the major of bitcoins out there is unknown and already in the hands of people that they can't control, and B) the exchanges and thus the people involved can't be "surveiled" and tracked. If you look at all that jargon in reverse, what they're basically saying is that ANY SEC-approved, market-traded financial instrument is both a) rigged against the masses, and b) surveiled and controlled. Yeah but we already knew that. 'Rigged against the masses' meaning that the wealthy elite can't corner the market, not in the beginning, and not ever. So how long until the World banks issue a pre-mined Bankcoin, sold/traded on bank owned and controlled exchanges, and the SEC says "yeah we'll approve the Bankcoin ETF, no problem." ? Crap that sounds like ether when it goes pos coin in July is it?
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European Central Bank
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Activity: 1288
Merit: 1087
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March 11, 2017, 03:20:38 PM |
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Crap that sounds like ether when it goes pos coin in July is it?
when it is used by the banks the monetary value of it is gonna be long gone. all they want is the code to use as a program for their own purposes, not that the pumpers are gonna admit that.
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Elwar
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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March 11, 2017, 03:28:32 PM |
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One of the critiques was from Professor Bitcorn stating that 50% of bitcoins are owned by less than 1000 people. Mark Zuckerburg alone owns almost 30% of Facebook and yet they are just fine with listing his little fund. Many companies list their stocks on the exchanges with most of the ownership belonging to two or three people.
And that high percentage number goes down over time as we all see the early adopters dump a large amount of their coins periodically.
I am willing to bet that they do not hold all future ETFs to such a high standard. I would be willing to write to the SEC during any open request for comments to ask if the new ETF fulfills all of the requirements that they rejected Bitcoin for.
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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March 11, 2017, 03:34:54 PM |
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Reading about the ETF decision on the Web I think I'm very much glad this was not approved. Bitcoin will live anyway and one day, when one ETF will eventually be approved, we will not need it anymore. Actually if all that drama helped the price going up, I'm fine with it. I predicted 713 after ETF fail and massive fud campaign, I knew I was wrong as soon as it dumped to around $1k, saw the spread open up and 1800 BTC sell orders get scarfed up like someone spilled a bag of crack in a back alley..
At that moment I thought "holy crap BTC is King Kong STRONG!" and knew, well thought, that the hit was going to be much less than anyone expected..
Now I think that one everyone realizes how much of an absolute beast BTC is, get over their fears of a second dump, BTC is going to pump..
I'm out of a fiat exchange right now but almost hedged in dash during the kill but forgot I was ban evading on a different account with no capitol in it so missed it, lol.. I'm very pleased with these results..
I need to round up my balls, trade more aggressively, put it on the line, and trust my gut more..
Nice
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crypto research
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March 11, 2017, 03:35:34 PM |
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I like BTC stability. Sell for 1300 and buy back for 950 in just one day.
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Dafar
Legendary
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Activity: 1330
Merit: 1000
dafar consulting
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March 11, 2017, 03:43:12 PM |
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One of the critiques was from Professor Bitcorn stating that 50% of bitcoins are owned by less than 1000 people. Mark Zuckerburg alone owns almost 30% of Facebook and yet they are just fine with listing his little fund. Many companies list their stocks on the exchanges with most of the ownership belonging to two or three people.
And that high percentage number goes down over time as we all see the early adopters dump a large amount of their coins periodically.
I am willing to bet that they do not hold all future ETFs to such a high standard. I would be willing to write to the SEC during any open request for comments to ask if the new ETF fulfills all of the requirements that they rejected Bitcoin for.
Fuck that guy... what is his problem? Why is he even commenting on bitcoin after his ridiculous claims of BTC going to $10
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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March 11, 2017, 03:58:22 PM |
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One of the critiques was from Professor Bitcorn stating that 50% of bitcoins are owned by less than 1000 people. Mark Zuckerburg alone owns almost 30% of Facebook and yet they are just fine with listing his little fund. Many companies list their stocks on the exchanges with most of the ownership belonging to two or three people.
And that high percentage number goes down over time as we all see the early adopters dump a large amount of their coins periodically.
I am willing to bet that they do not hold all future ETFs to such a high standard. I would be willing to write to the SEC during any open request for comments to ask if the new ETF fulfills all of the requirements that they rejected Bitcoin for.
Fuck that guy... what is his problem? Why is he even commenting on bitcoin after his ridiculous claims of BTC going to $10 Some people just want to bring others down. Literally that is all r types live for.
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BrewMaster
Legendary
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Activity: 2114
Merit: 1293
There is trouble abrewing
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March 11, 2017, 03:59:44 PM |
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I like BTC stability. Sell for 1300 and buy back for 950 in just one day.
dude that's one of those incidents that happen once in a million years, it was awesome and good for anyone who could catch it. i did but not at the very bottom.
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Torque
Legendary
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Activity: 3682
Merit: 5243
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March 11, 2017, 04:23:25 PM |
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One of the critiques was from Professor Bitcorn stating that 50% of bitcoins are owned by less than 1000 people. Mark Zuckerburg alone owns almost 30% of Facebook and yet they are just fine with listing his little fund. Many companies list their stocks on the exchanges with most of the ownership belonging to two or three people.
And that high percentage number goes down over time as we all see the early adopters dump a large amount of their coins periodically.
I am willing to bet that they do not hold all future ETFs to such a high standard. I would be willing to write to the SEC during any open request for comments to ask if the new ETF fulfills all of the requirements that they rejected Bitcoin for.
Fuck that guy... what is his problem? Why is he even commenting on bitcoin after his ridiculous claims of BTC going to $10 Some people just want to bring others down. Literally that is all r types live for. I think it's pretty well understood at this point that Mark T. Williams and Jorge Stolfi are both paid troll cronies for the financial industry. No one would dedicate such relentless antagonism against anything in life and become 'known' for it, unless they are being paid to do so.
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vennali
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Activity: 2338
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#SWGT CERTIK Audited
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March 11, 2017, 04:27:57 PM |
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I like BTC stability. Sell for 1300 and buy back for 950 in just one day.
I missed it and I dont think I'll get a chance to acquire BTC at low price like that again. It all happened because of ETF, pump and dump but its good that BTC recovered well after the news. Great gor everyone who was able to catch it. Easy and quick profits.
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JayJuanGee
Legendary
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Activity: 3836
Merit: 10843
Self-Custody is a right. Say no to"Non-custodial"
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March 11, 2017, 04:37:03 PM |
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If we take a look for a while at TA:
If you want to be successful investor forget about TA! TA is a fishnet to catch small fish. Well, what's your recommendation for me then? Play with your emotions, "sense" or so called "feelings"? That's stupid. I always thought TA is the 1st thing which has to be done before investing any serious money into any kind of investment such as stocks, forex, bitcoin etc. Stupid are people that don't understand TA is just a graphical representation of their emotions. They see the picture what they want to see. Does posting that chart mean you are a TA expert? If you are then why did you make a terrible prediction not so long ago? I remember your admission it was wrong was very funny. I was wrong!!-PoolMinor -Sue me Wrong once before doesn't make me wrong every time. It is only a failure if I don't keep trying. All I know is I sold at $1270 and bought back at $975 re-he-he-heally.........sure it wasnt $1350 & $975? Nah... Poolminor is not subject to exaggeration nor extensive patting on his own back... To be more specific, he is modest and he sold at $1342.61 and bought back at $983.12. Of course, he is kicking himself a little bit for his timing being a bit off, but continues his best to be the goofball that he is..., Now, he is going to continue to predict an imminent correction (without specifics) for the next $4k upwards, and when it happens, at $4628, he is going to say.. "I tried to tell you guys, and you wouldn't listen."
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