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oblivi
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January 26, 2015, 01:42:26 AM |
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Im not sure if this is good, too much profesionalization leads to forex sharks rigging the price.. will they be able to do it with Bitcoin?
But then again, its sure better than Magic the Gathering collectors running the show.
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"Bitcoin: mining our own business since 2009" -- Pieter Wuille
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cypherdoc
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Activity: 1764
Merit: 1002
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January 26, 2015, 02:31:57 AM |
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What about Buttercoin? They sounds like decently serious US exchange.
It's not about geography, it's about legitimacy of those that run it. true but given the fact that the US has been by far the source of the vast majority of capital invested into Bitcoin, having our own exchange should not only perpetuate that fact, but accelerate it. it's very bullish news for the US in general as it means we can take a center stage role in the development of Bitcoin. |
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JimboToronto
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Activity: 4004
Merit: 4482
You're never too old to think young.
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January 26, 2015, 02:43:34 AM |
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It's good to see Americans get their own exchanges.
We Canucks have been spoiled for years with government-regulated Cavirtex.
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ivyleague1985
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Activity: 56
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January 26, 2015, 02:50:37 AM |
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With the advent of two professional exchanges by the Winklevosses and Coinbase (which opens up tomorrow), people will finally be able to trust Bitcoin exchanges not to scam them out of their money or do blatant inside trading.
People will feel much more comfortable sending money to regulated exchanges run by people who know what they're doing and backed by venture capitalists (remember that NYSE recently invested in Coinbase) with a big stake in Bitcoin. The amateur exchanges will either professionalize or be left in the dust.
In my view, this may well be the biggest news story in a long time.
It is so happy to finally say good-bye to manipulative and unscrupulous Chinese exchanges. |
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freedomno1
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Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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January 26, 2015, 03:00:19 AM |
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With the advent of two professional exchanges by the Winklevosses and Coinbase (which opens up tomorrow), people will finally be able to trust Bitcoin exchanges not to scam them out of their money or do blatant inside trading.
People will feel much more comfortable sending money to regulated exchanges run by people who know what they're doing and backed by venture capitalists (remember that NYSE recently invested in Coinbase) with a big stake in Bitcoin. The amateur exchanges will either professionalize or be left in the dust.
In my view, this may well be the biggest news story in a long time.
I agree with you on this one because honestly seeing so many exchanges collapse and also stock exchanges is really not a good sign for usage, with the recent virtex (not cavirtex) and egopay issues alongside mintpal vircurex mtgox and all these other giant failures, a regulated option seems like an inevitable choice we will need in order to ensure future development in Bitcoin. |
Believing in Bitcoins and it's ability to change the world
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myself
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Activity: 938
Merit: 1000
chaos is fun...…damental :)
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January 26, 2015, 04:18:30 AM |
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dear OP: nope
OP is very likely correct. is just a hope dreams likely to end in tears |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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Melbustus
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Activity: 1722
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January 26, 2015, 04:24:26 AM |
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dear OP: nope
OP is very likely correct. is just a hope dreams likely to end in tears A very brief check of your post history reveals that you've been a bear since 2012. This note from October 2012 was especially funny: ...
the only positive aka price increase on the short term (1-2 years) will be a total stop of bitcoin production since that is not going to happen the effect will be negative
You missed the trade of a lifetime. |
Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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JamesBrown
Member
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Activity: 98
Merit: 10
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January 26, 2015, 06:33:35 AM |
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now that coinbase exchange is probably 7hours away from being accessible form half the states how do you see this unfolding? How fast I mean?
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Mellnik
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January 26, 2015, 07:02:08 AM |
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dear OP: nope
OP is very likely correct. is just a hope dreams likely to end in tears A very brief check of your post history reveals that you've been a bear since 2012. This note from October 2012 was especially funny: ...
the only positive aka price increase on the short term (1-2 years) will be a total stop of bitcoin production since that is not going to happen the effect will be negative
You missed the trade of a lifetime. Owned & Pwned  . |
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myself
Legendary
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Activity: 938
Merit: 1000
chaos is fun...…damental :)
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January 26, 2015, 10:00:41 AM |
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dear OP: nope
OP is very likely correct. is just a hope dreams likely to end in tears A very brief check of your post history reveals that you've been a bear since 2012. This note from October 2012 was especially funny: ...
the only positive aka price increase on the short term (1-2 years) will be a total stop of bitcoin production since that is not going to happen the effect will be negative
You missed the trade of a lifetime. nope, u still dont get it a exchange i a heavy regulated country cant compete with a exchange in a less regulated country |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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BitCoinNutJob
Legendary
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Activity: 1316
Merit: 1000
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January 26, 2015, 10:10:07 AM |
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With the advent of two professional exchanges by the Winklevosses and Coinbase (which opens up tomorrow), people will finally be able to trust Bitcoin exchanges not to scam them out of their money or do blatant inside trading.
People will feel much more comfortable sending money to regulated exchanges run by people who know what they're doing and backed by venture capitalists (remember that NYSE recently invested in Coinbase) with a big stake in Bitcoin. The amateur exchanges will either professionalize or be left in the dust.
In my view, this may well be the biggest news story in a long time.
Only takes 1 big whale to decide to pump bitcoin and we are off to the moon, great news imo. Wonder what bearwhale is thinking right now, hope he bought back in cheaper. |
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myself
Legendary
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Activity: 938
Merit: 1000
chaos is fun...…damental :)
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January 26, 2015, 10:35:37 AM |
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{"open":"246.12000000","high":"307.46000000","low":"245.32000000","volume":"1571.00011200"} |
Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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NUFCrichard
Legendary
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Activity: 1218
Merit: 1003
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January 26, 2015, 11:12:08 AM |
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Trade will be important, and hopefully it isn't just moved from one exchange to another. We can't underestimate the good press that there is at the moment either though. People are really talking about Bitcoin being the future and safe, instead of funny internet money for drugs and hackers! |
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pawel7777
Legendary
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Activity: 2436
Merit: 1566
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January 26, 2015, 11:34:39 AM |
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People will feel much more comfortable sending money to regulated exchanges run by people who know what they're doing and backed by venture capitalists (remember that NYSE recently invested in Coinbase) with a big stake in Bitcoin. The amateur exchanges will either professionalize or be left in the dust.
In my view, this may well be the biggest news story in a long time.
This will be a game-changer. But both, Gemini and Coinbase will be limited to US only. So all the other 'amateur' exchanges will remain a decent market share and will have some time to re-think their long term strategies. Bitstamp will be the one that have to adjust quickly. Wouldn't be surprised if they implement other fiat/crypto currencies. They won't last long with one BTC/USD pair. |
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