CNet Article, BitCoin Trust? BitCoin Stock? Winklevoss Twin...

[cryto4rig]

http://news.cnet.com/8301-1023_3-57591890-93/winklevoss-twins-work-to-make-bitcoin-more-legit-with-sec-filing/

 Opinions... ?

[PeZ]

Maybe they are targetting people who don't own a computer? 

[cypherdoc]

GLD and SLV were 2 ETF's composed of baskets of gold related shares which gave access to the masses with a click of a button.

Same here.

[cryto4rig]

If this works, it will literally open up the world to BitCoin in masses.............  gitty* Excited thinking about it, prices may rocket pat the moon to uranus ! lol

[cypherdoc]

i remember very clearly reading thru the GLD and SLV prospectuses at the time of their introduction back in April 2007.  everyone was worried about which way these 2 basket ETF's would push the gold and silver markets.

the price opened at 67 and promptly tripled from there.

[Epicurus]

i remember very clearly reading thru the GLD and SLV prospectuses at the time of their introduction back in April 2007.  everyone was worried about which way these 2 basket ETF's would push the gold and silver markets.

the price opened at 67 and promptly tripled from there.

Yes, because gold was going up then. One tends to release new products when one things they're going to be hot. You're mistaking the introduction of the ETFs as the cause rather than the reflection I think.