av123
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December 10, 2014, 07:40:53 PM |
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When is the ETF expected to be approved if ever at all?
No one here knows at the moment.
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N12
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December 10, 2014, 07:50:29 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. I don't want to consider another 100k Winklecoins.
But if the Winkles have any say in it, they will probably hold off until the price suits them better, and the general trend, because it will strongly influence the demand.
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podyx
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December 10, 2014, 07:56:16 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. I don't want to consider another 100k Winklecoins.
But if the Winkles have any say in it, they will probably hold off until the price suits them better, and the general trend, because it will strongly influence the demand.
If the ETF will so strongly influence the demand then why wouldn't they hold enjoying large capital gains and, if they really decide they want to get out, slowly sell off some on the exchanges.
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ImI
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December 10, 2014, 07:56:48 PM |
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When is the ETF expected to be approved if ever at all?
ETF conference in Jan 2015 will eventually bring some news.
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ImI
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December 10, 2014, 07:58:05 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets.
afaik he encrypted. he just entered a deal thats it.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 10, 2014, 08:00:46 PM |
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Davyd05
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December 10, 2014, 08:01:49 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. I don't want to consider another 100k Winklecoins.
But if the Winkles have any say in it, they will probably hold off until the price suits them better, and the general trend, because it will strongly influence the demand.
If the ETF will so strongly influence the demand then why wouldn't they hold enjoying large capital gains and, if they really decide they want to get out, slowly sell off some on the exchanges. bro bro they're already rich..they don't play for chump change, they play to enter a new tier of wealth on a scrooge mc duck levels. in other news, I'd really love if bitcoin could be accepted by pokerstars....cause paying 5cad for cad to usd fx charges or some beauty of a fee I find on the statement, 3.95 for the anon vanilla prepaid, and the ukash wit the same cost.. I'd rather just gamble and send zero tx fee deposits at them
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N12
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December 10, 2014, 08:02:42 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets.
afaik he encrypted. he just entered a deal thats it. News to me, so I guess he got milder terms? Still pretty stupid surfing the admin panel of an online drug market in a public library. I really wonder if maybe he smoked too much of his sellers' good stuff. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Davyd05
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December 10, 2014, 08:06:34 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets.
afaik he encrypted. he just entered a deal thats it. News to me, so I guess he got milder terms? Still pretty stupid surfing the admin panel of an online drug market in a public library. I really wonder if maybe he smoked too much of his sellers' good stuff. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) http://www.dailydot.com/crime/ulbricht-defense-criminal-conduct/I don't think that's really what fucked him over Blitz but to each their own.
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jonoiv
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December 10, 2014, 08:08:46 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets.
afaik he encrypted. he just entered a deal thats it. News to me, so I guess he got milder terms? Still pretty stupid surfing the admin panel of an online drug market in a public library. I really wonder if maybe he smoked too much of his sellers' good stuff. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Pretty stupid staying in the US. He had a ton of cash he could have travelled the world logged on through tor from any number of connections. On a separate note, 2015 the year crypto breaks through? http://www.networkworld.com/article/2858099/opensource-subnet/2015-will-be-the-year-of-crypto-currency-with-work.html
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phoenix1
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December 10, 2014, 08:12:17 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. I don't want to consider another 100k Winklecoins.
But if the Winkles have any say in it, they will probably hold off until the price suits them better, and the general trend, because it will strongly influence the demand.
If the ETF will so strongly influence the demand then why wouldn't they hold enjoying large capital gains and, if they really decide they want to get out, slowly sell off some on the exchanges. Blitz is saying that the general trend strongly influences demand for the BTC, and right now, whatever your view, it is very hard to argue that we have a strong uptrend in place. Launching the ETF (if it gets approved) in a strong uptrend is the sensible thing to do . If they launched it now TBH I think it would be a disaster for them and the markets. You don't sell many umbrellas when the sun is shining. I guess some people like to use them as sunshades, but that's probably not the biggest market sector ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Davyd05
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 10, 2014, 08:14:03 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. I don't want to consider another 100k Winklecoins.
But if the Winkles have any say in it, they will probably hold off until the price suits them better, and the general trend, because it will strongly influence the demand.
If the ETF will so strongly influence the demand then why wouldn't they hold enjoying large capital gains and, if they really decide they want to get out, slowly sell off some on the exchanges. Blitz is saying that the general trend strongly influences demand for the BTC, and right now, whatever your view, it is very hard to argue that we have a strong uptrend in place. Launching the ETF (if it gets approved) in a strong uptrend is the sensible thing to do . If they launched it now TBH I think it would be a disaster for them and the markets. You don't sell many umbrellas when the sun is shining. I guess some people like to use them as sunshades, but that's probably not the biggest market sector ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I think you're over thinking the launch date.. That's subject to approval by the SEC if they had it they'd be listing asap IMO
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Wary
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December 10, 2014, 08:16:48 PM Last edit: December 10, 2014, 08:28:30 PM by Wary |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. Whatever mistakes he made he is already punished for them. As for bitcoin community, it is good in a long run. What are concerns of many politically correct concerned bitcoiners? 1) Wealth distribution. Huge chunk of coins belongs to very few people. 2) Power waste. Confiscation was beneficial for both cases. 1) Bitcoins that belonged to one person now are spread among 100+ persons. Gini coefficient is happy. 2) The lower is the price the less power is wasted on mining.
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silverfuture
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central banking = outdated protocol
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December 10, 2014, 08:20:36 PM |
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Great piece! Well worth the read... So, when we ask the question, what needs to happen for the mass adoption of bitcoin to occur; the answer is just time. .................................. Its adoption really is inevitable. The comments are more worth reading than usual.
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NotLambchop
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December 10, 2014, 08:25:28 PM |
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... 1) Bitcoins that belonged to one person now are spread among 100+ persons. Jini coefficient is happy.
1) Wale dumping on exchanges is good, because Gini coefficient.
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phoenix1
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 10, 2014, 08:26:30 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. I don't want to consider another 100k Winklecoins.
But if the Winkles have any say in it, they will probably hold off until the price suits them better, and the general trend, because it will strongly influence the demand.
If the ETF will so strongly influence the demand then why wouldn't they hold enjoying large capital gains and, if they really decide they want to get out, slowly sell off some on the exchanges. Blitz is saying that the general trend strongly influences demand for the BTC, and right now, whatever your view, it is very hard to argue that we have a strong uptrend in place. Launching the ETF (if it gets approved) in a strong uptrend is the sensible thing to do . If they launched it now TBH I think it would be a disaster for them and the markets. You don't sell many umbrellas when the sun is shining. I guess some people like to use them as sunshades, but that's probably not the biggest market sector ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I think you're over thinking the launch date.. That's subject to approval by the SEC if they had it they'd be listing asap IMO Honestly, I think the whole ETF thing has been over-thought and over-hyped, but we will see. For now, I really don't give damn about it, and think it is a lot further off than people think.
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Davyd05
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 10, 2014, 08:32:02 PM |
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I wonder if people sold bitcoin, and shorted old, lol and or just went fiat to buy it at a bottom?
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Davyd05
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 10, 2014, 08:36:07 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. I don't want to consider another 100k Winklecoins.
But if the Winkles have any say in it, they will probably hold off until the price suits them better, and the general trend, because it will strongly influence the demand.
If the ETF will so strongly influence the demand then why wouldn't they hold enjoying large capital gains and, if they really decide they want to get out, slowly sell off some on the exchanges. Blitz is saying that the general trend strongly influences demand for the BTC, and right now, whatever your view, it is very hard to argue that we have a strong uptrend in place. Launching the ETF (if it gets approved) in a strong uptrend is the sensible thing to do . If they launched it now TBH I think it would be a disaster for them and the markets. You don't sell many umbrellas when the sun is shining. I guess some people like to use them as sunshades, but that's probably not the biggest market sector ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I think you're over thinking the launch date.. That's subject to approval by the SEC if they had it they'd be listing asap IMO Honestly, I think the whole ETF thing has been over-thought and over-hyped, but we will see. For now, I really don't give damn about it, and think it is a lot further off than people think. Id prefer individuals get comfortable with bitcoin on their own but the ETF will be a bridge for the less tech savvy.
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billyjoeallen
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Hide your women
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December 10, 2014, 08:38:12 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. I don't want to consider another 100k Winklecoins.
But if the Winkles have any say in it, they will probably hold off until the price suits them better, and the general trend, because it will strongly influence the demand.
I have no evidence that the Winklevi are any good at market timing. It seems to me that any new big players will wait until current big holders or groups of holders dump before entering the market. Anyone who NEEDS Bitcoin to go up any time soon has to be feeling enormous stress that is building until it will burst. This is a vicious game and if you are not tough or fast, you will get eaten.
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hdbuck
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December 10, 2014, 08:38:41 PM |
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We already have another looming 100k (or was it 90k?) auction on the horizon thanks to DPR's stupidity browsing his Silk Road admin panel in a public library and not encrypting his Bitcoin wallets. I don't want to consider another 100k Winklecoins.
But if the Winkles have any say in it, they will probably hold off until the price suits them better, and the general trend, because it will strongly influence the demand.
If the ETF will so strongly influence the demand then why wouldn't they hold enjoying large capital gains and, if they really decide they want to get out, slowly sell off some on the exchanges. Blitz is saying that the general trend strongly influences demand for the BTC, and right now, whatever your view, it is very hard to argue that we have a strong uptrend in place. Launching the ETF (if it gets approved) in a strong uptrend is the sensible thing to do . If they launched it now TBH I think it would be a disaster for them and the markets. You don't sell many umbrellas when the sun is shining. I guess some people like to use them as sunshades, but that's probably not the biggest market sector ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I think you're over thinking the launch date.. That's subject to approval by the SEC if they had it they'd be listing asap IMO Honestly, I think the whole ETF thing has been over-thought and over-hyped, but we will see. For now, I really don't give damn about it, and think it is a lot further off than people think. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FDRBHZ72.png&t=665&c=87QOZy8xpW4HLQ)
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