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Author Topic: Winklevoss COIN ETF to push price above 10,000  (Read 5428 times)
rampage101 (OP)
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September 14, 2014, 09:37:25 AM
 #1

http://bitcoinpricelive.com/bitcoin-etf-5-reasons-the-winklevoss-bitcoin-etf-will-send-bitcoin-to-10000/

The Winklevoss Bitcoin ETF  is set to go online at the end of 2014. You might remember the Winklevoss twin brothers from the movie The Social Network  where they sued Mark Zuckerburg and Facebook to win 50 million dollars. Since then the twins have moved on to start a Bitcoin ETF named the Winklevoss Bitcoin Trust. Once it begins trading, expect the price of Bitcoin to soar to over $10,000.

Here’s 5 reasons why:

1. Wall Street Money Will Flow Into The Bitcoin ETF. As soon as a person can go to their brokerage account, type in the symbol COIN and buy now, it will put upwards pressure on the price of Bitcoin. There are many wealthy investors who would like to get into Bitcoin but they feel uncomfortable that Bitcoin is not in their name, that they need to backup a wallet, and they need to keep their computer virus free. The Winklevoss ETF will allow the average wealthy investor who is a not technology expert to put large amounts of money into Bitcoin.

2. The Winklevoss ETF will be promoted as currency diversification on Wall Street Bitcoin is already being regarded by Wall Street as a new currency. The US dollar, Euro, and Yen have been undermined as a store of value. It will be advertised to clients as a high risk, high reward alternative currency.

3. Trading of the ETF will only be open during stock market hours The COIN ETF can only be bought or sold during the NASDAQ market is open in the United States. This means that the Wall Street investor will only be able to access Bitcoin trading from 9:30 AM EST to 4:30 PM. During this time period, there will be increased volume and more news released about Bitcoin. In the downtime there will be massive speculation about where the Bitcoin ETF will open and for what price. There will be discrepancies of the price between Bitcoin exchanges and the Bitcoin ETF.

4. Liquidity in Bitcoin markets will increase dramatically. There will be many more Bitcoins trading hands on a daily basis as the Bitcoin ETF will be required to allow shorting as well. This means that investors can bet that Bitcoin will go down as well. When the Bitcoin ETF opens, it will be much easier for Bitcoin Bears to bet that the price will go down. However, this is good for the price of Bitcoin as it will allow investors to bet both sides of the Bitcoin, increasing Bitcoin transactions

5. The Bitcoin ETF is required to buy additional Bitcoins Details of the Winklevoss ETF reveal that as more money flows into their trust, they are required to buy Bitcoins. Since the supply of Bitcoins is limited, this means they will have to buy from exchanges or over the counter purchases. Recently, the Winklevoss Twins announced they would pay in Bitcoin to go to space via Richard Branson’s Virgin Galatic.

Expect the price of Bitcoin to go space as well!

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September 14, 2014, 09:39:59 AM
 #2

I'm seriously hoping that this ETF is out before 2015. This would definitely be the thing that we need for the next spike. To which height it will take Bitcoin, we can't really know; but it will surely be much higher than the last one.

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September 14, 2014, 09:47:11 AM
 #3

http://bitcoinpricelive.com/bitcoin-etf-5-reasons-the-winklevoss-bitcoin-etf-will-send-bitcoin-to-10000/

The Winklevoss Bitcoin ETF  is set to go online at the end of 2014. You might remember the Winklevoss twin brothers from the movie The Social Network  where they sued Mark Zuckerburg and Facebook to win 50 million dollars. Since then the twins have moved on to start a Bitcoin ETF named the Winklevoss Bitcoin Trust. Once it begins trading, expect the price of Bitcoin to soar to over $10,000.

Here’s 5 reasons why:

1. Wall Street Money Will Flow Into The Bitcoin ETF. As soon as a person can go to their brokerage account, type in the symbol COIN and buy now, it will put upwards pressure on the price of Bitcoin. There are many wealthy investors who would like to get into Bitcoin but they feel uncomfortable that Bitcoin is not in their name, that they need to backup a wallet, and they need to keep their computer virus free. The Winklevoss ETF will allow the average wealthy investor who is a not technology expert to put large amounts of money into Bitcoin.

2. The Winklevoss ETF will be promoted as currency diversification on Wall Street Bitcoin is already being regarded by Wall Street as a new currency. The US dollar, Euro, and Yen have been undermined as a store of value. It will be advertised to clients as a high risk, high reward alternative currency.

3. Trading of the ETF will only be open during stock market hours The COIN ETF can only be bought or sold during the NASDAQ market is open in the United States. This means that the Wall Street investor will only be able to access Bitcoin trading from 9:30 AM EST to 4:30 PM. During this time period, there will be increased volume and more news released about Bitcoin. In the downtime there will be massive speculation about where the Bitcoin ETF will open and for what price. There will be discrepancies of the price between Bitcoin exchanges and the Bitcoin ETF.

4. Liquidity in Bitcoin markets will increase dramatically. There will be many more Bitcoins trading hands on a daily basis as the Bitcoin ETF will be required to allow shorting as well. This means that investors can bet that Bitcoin will go down as well. When the Bitcoin ETF opens, it will be much easier for Bitcoin Bears to bet that the price will go down. However, this is good for the price of Bitcoin as it will allow investors to bet both sides of the Bitcoin, increasing Bitcoin transactions

5. The Bitcoin ETF is required to buy additional Bitcoins Details of the Winklevoss ETF reveal that as more money flows into their trust, they are required to buy Bitcoins. Since the supply of Bitcoins is limited, this means they will have to buy from exchanges or over the counter purchases. Recently, the Winklevoss Twins announced they would pay in Bitcoin to go to space via Richard Branson’s Virgin Galatic.

Expect the price of Bitcoin to go space as well!

Hello Brothers!

Are you suggesting its December-2015? Grin
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September 14, 2014, 10:11:01 AM
 #4

Let's hope that it won't be like the previous good news which didn't affect the price!
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September 14, 2014, 10:21:16 AM
 #5



The Winklevoss Bitcoin ETF  is set to go online at the end of 2014.


Is this a guess because the last I heard they were still trying to get the regulators to approve their ETF? Nobody had any idea how long the regulators would take to reach a decision, or if they would approve the ETF at all.
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September 14, 2014, 10:37:21 AM
 #6



The Winklevoss Bitcoin ETF  is set to go online at the end of 2014.


Is this a guess because the last I heard they were still trying to get the regulators to approve their ETF? Nobody had any idea how long the regulators would take to reach a decision, or if they would approve the ETF at all.

I heard the ETF would not be approved, it would be shot down by the commission
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September 14, 2014, 10:38:43 AM
 #7

http://www.sec.gov/Archives/edgar/data/1579346/000119312514058712/d562329ds1a.htm


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September 14, 2014, 11:17:48 AM
 #8

It's not going to have much effect on the price, maybe a little spike, but not by 10k. Is there any further details on when they plan to release it? End of the year is pretty vague, and is that from the Winklevi themselves?
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September 14, 2014, 11:25:16 AM
 #9



The Winklevoss Bitcoin ETF  is set to go online at the end of 2014.


Is this a guess because the last I heard they were still trying to get the regulators to approve their ETF? Nobody had any idea how long the regulators would take to reach a decision, or if they would approve the ETF at all.

I heard the ETF would not be approved, it would be shot down by the commission


this

OH SH*T! BETTER SELL NOW!!!!!  Roll Eyes

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September 14, 2014, 11:36:24 AM
 #10



The Winklevoss Bitcoin ETF  is set to go online at the end of 2014.


Is this a guess because the last I heard they were still trying to get the regulators to approve their ETF? Nobody had any idea how long the regulators would take to reach a decision, or if they would approve the ETF at all.

I heard the ETF would not be approved, it would be shot down by the commission


this

OH SH*T! BETTER SELL NOW!!!!!  Roll Eyes


if the future performance of bitcoin is tied to the faith of winkle ETF - > yeah, better sell now.
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September 14, 2014, 11:39:25 AM
 #11



The Winklevoss Bitcoin ETF  is set to go online at the end of 2014.


Is this a guess because the last I heard they were still trying to get the regulators to approve their ETF? Nobody had any idea how long the regulators would take to reach a decision, or if they would approve the ETF at all.

I heard the ETF would not be approved, it would be shot down by the commission

FUD!

This is a personal thing for the Winklevoss, "Bitcoin will be bigger than Facebook". They will do whatever is necessary to get the ETF approved!
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September 14, 2014, 12:58:08 PM
 #12

http://bitcoinpricelive.com/bitcoin-etf-5-reasons-the-winklevoss-bitcoin-etf-will-send-bitcoin-to-10000/

The Winklevoss Bitcoin ETF  is set to go online at the end of 2014. You might remember the Winklevoss twin brothers from the movie The Social Network  where they sued Mark Zuckerburg and Facebook to win 50 million dollars. Since then the twins have moved on to start a Bitcoin ETF named the Winklevoss Bitcoin Trust. Once it begins trading, expect the price of Bitcoin to soar to over $10,000.

Here’s 5 reasons why:

1. Wall Street Money Will Flow Into The Bitcoin ETF. As soon as a person can go to their brokerage account, type in the symbol COIN and buy now, it will put upwards pressure on the price of Bitcoin. There are many wealthy investors who would like to get into Bitcoin but they feel uncomfortable that Bitcoin is not in their name, that they need to backup a wallet, and they need to keep their computer virus free. The Winklevoss ETF will allow the average wealthy investor who is a not technology expert to put large amounts of money into Bitcoin.

2. The Winklevoss ETF will be promoted as currency diversification on Wall Street Bitcoin is already being regarded by Wall Street as a new currency. The US dollar, Euro, and Yen have been undermined as a store of value. It will be advertised to clients as a high risk, high reward alternative currency.

3. Trading of the ETF will only be open during stock market hours The COIN ETF can only be bought or sold during the NASDAQ market is open in the United States. This means that the Wall Street investor will only be able to access Bitcoin trading from 9:30 AM EST to 4:30 PM. During this time period, there will be increased volume and more news released about Bitcoin. In the downtime there will be massive speculation about where the Bitcoin ETF will open and for what price. There will be discrepancies of the price between Bitcoin exchanges and the Bitcoin ETF.

4. Liquidity in Bitcoin markets will increase dramatically. There will be many more Bitcoins trading hands on a daily basis as the Bitcoin ETF will be required to allow shorting as well. This means that investors can bet that Bitcoin will go down as well. When the Bitcoin ETF opens, it will be much easier for Bitcoin Bears to bet that the price will go down. However, this is good for the price of Bitcoin as it will allow investors to bet both sides of the Bitcoin, increasing Bitcoin transactions

5. The Bitcoin ETF is required to buy additional Bitcoins Details of the Winklevoss ETF reveal that as more money flows into their trust, they are required to buy Bitcoins. Since the supply of Bitcoins is limited, this means they will have to buy from exchanges or over the counter purchases. Recently, the Winklevoss Twins announced they would pay in Bitcoin to go to space via Richard Branson’s Virgin Galatic.

Expect the price of Bitcoin to go space as well!

Do you have any market research or demographic stats to back up anything you say above? What proof do you have that wealthy investors are interested?
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September 14, 2014, 01:02:07 PM
 #13

I'm seriously hoping that this ETF is out before 2015. This would definitely be the thing that we need for the next spike. To which height it will take Bitcoin, we can't really know; but it will surely be much higher than the last one.

November 2014..

10 years after the spdr ETF showed up for gold.

Its gonna be an amazing November.

over 1K for sure. Stack them bitcoins!

 Cheesy
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September 14, 2014, 01:02:55 PM
 #14

http://bitcoinpricelive.com/bitcoin-etf-5-reasons-the-winklevoss-bitcoin-etf-will-send-bitcoin-to-10000/

The Winklevoss Bitcoin ETF  is set to go online at the end of 2014. You might remember the Winklevoss twin brothers from the movie The Social Network  where they sued Mark Zuckerburg and Facebook to win 50 million dollars. Since then the twins have moved on to start a Bitcoin ETF named the Winklevoss Bitcoin Trust. Once it begins trading, expect the price of Bitcoin to soar to over $10,000.

Here’s 5 reasons why:

1. Wall Street Money Will Flow Into The Bitcoin ETF. As soon as a person can go to their brokerage account, type in the symbol COIN and buy now, it will put upwards pressure on the price of Bitcoin. There are many wealthy investors who would like to get into Bitcoin but they feel uncomfortable that Bitcoin is not in their name, that they need to backup a wallet, and they need to keep their computer virus free. The Winklevoss ETF will allow the average wealthy investor who is a not technology expert to put large amounts of money into Bitcoin.

2. The Winklevoss ETF will be promoted as currency diversification on Wall Street Bitcoin is already being regarded by Wall Street as a new currency. The US dollar, Euro, and Yen have been undermined as a store of value. It will be advertised to clients as a high risk, high reward alternative currency.

3. Trading of the ETF will only be open during stock market hours The COIN ETF can only be bought or sold during the NASDAQ market is open in the United States. This means that the Wall Street investor will only be able to access Bitcoin trading from 9:30 AM EST to 4:30 PM. During this time period, there will be increased volume and more news released about Bitcoin. In the downtime there will be massive speculation about where the Bitcoin ETF will open and for what price. There will be discrepancies of the price between Bitcoin exchanges and the Bitcoin ETF.

4. Liquidity in Bitcoin markets will increase dramatically. There will be many more Bitcoins trading hands on a daily basis as the Bitcoin ETF will be required to allow shorting as well. This means that investors can bet that Bitcoin will go down as well. When the Bitcoin ETF opens, it will be much easier for Bitcoin Bears to bet that the price will go down. However, this is good for the price of Bitcoin as it will allow investors to bet both sides of the Bitcoin, increasing Bitcoin transactions

5. The Bitcoin ETF is required to buy additional Bitcoins Details of the Winklevoss ETF reveal that as more money flows into their trust, they are required to buy Bitcoins. Since the supply of Bitcoins is limited, this means they will have to buy from exchanges or over the counter purchases. Recently, the Winklevoss Twins announced they would pay in Bitcoin to go to space via Richard Branson’s Virgin Galatic.

Expect the price of Bitcoin to go space as well!

Do you have any market research or demographic stats to back up anything you say above? What proof do you have that wealthy investors are interested?



Are you joking.. lmao.... So much new money will roll in you wont be able to count it fast enough.
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September 14, 2014, 01:05:39 PM
 #15



OH SH*T! BETTER SELL NOW!!!!!  Roll Eyes


if the future performance of bitcoin is tied to the faith of winkle ETF - > yeah, better sell now.

I thought, everyone is buying later cheaper...  Wink

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September 14, 2014, 01:16:42 PM
 #16

There are two events that may occur in Bitcoin's near future
1) It rallies
2) It fails

Look at the headlines and decide for yourselves what is more likely
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September 14, 2014, 01:30:12 PM
 #17

There are two events that may occur in Bitcoin's near future
1) It rallies
2) It fails

Look at the headlines and decide for yourselves what is more likely

Agreed
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September 14, 2014, 02:27:14 PM
 #18



The Winklevoss Bitcoin ETF  is set to go online at the end of 2014.


Is this a guess because the last I heard they were still trying to get the regulators to approve their ETF? Nobody had any idea how long the regulators would take to reach a decision, or if they would approve the ETF at all.

I heard the ETF would not be approved, it would be shot down by the commission

FUD!

This is a personal thing for the Winklevoss, "Bitcoin will be bigger than Facebook". They will do whatever is necessary to get the ETF approved!

Agree. There don't seem to be reasons for the commission to reject the ETF. They have been sitting on it for quite some time now, though.


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September 14, 2014, 04:11:08 PM
 #19

There are two events that may occur in Bitcoin's near future
1) It rallies
2) It fails

Look at the headlines and decide for yourselves what is more likely

I think neither of those will happen.
I think what will happen is 3) same stagnation +/- $100
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September 14, 2014, 04:14:34 PM
 #20

There are two events that may occur in Bitcoin's near future
1) It rallies
2) It fails

Look at the headlines and decide for yourselves what is more likely

I think neither of those will happen.
I think what will happen is 3) same stagnation +/- $100

4haolong?
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