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Author Topic: Winklevii will become one of great capitalist barons of this century!  (Read 5616 times)
cuddaloreappu (OP)
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January 27, 2015, 08:06:22 AM
Last edit: January 27, 2015, 02:38:05 PM by cuddaloreappu
 #1

I was so amazed to see their interview today after they presented their ETF project!

They said if bitcoin market cap would be 400 billion if it becomes major among money transfer(visa,mastercard).

marketcap would be in trillions if it disrupts Gold..

They hold 1% of all bitcoin total supply!

They are taking bitcoin to wall street and comply with regulations to create the first ever ETF for bitcoin so all the banks and wall street major billionaires can now invest in bitcoin..

In the coming decentralized world which will be made up of key technologies like drones, 3d printing, autonomous agents we can be sure that the blockchain technology will be like how electricity was to the 20th century...

bitcoin will be the token of value in future...

they will be the masters of decentralized revolution!

http://money.cnn.com/2015/01/27/investing/bitcoin-winklevoss-twins-gold/
bryant.coleman
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January 27, 2015, 08:16:23 AM
 #2

Hmm.... market cap of $400b IF it becomes one of the major players in money transfer.

I am skeptical. It has been 7 years already. The growth seems to be downward.  Angry
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January 27, 2015, 08:20:33 AM
 #3

The Winklevoss twins have a track record of betting on the wrong horse.
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January 27, 2015, 08:26:34 AM
 #4

400 billion, I just wonder how they calculate and get the number, but I have confidence on this too

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cuddaloreappu (OP)
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January 27, 2015, 08:27:54 AM
 #5

The Winklevoss twins have a track record of betting on the wrong horse.

What were those wrong horses?
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January 27, 2015, 08:45:53 AM
 #6

It's possible, just possible. It would be one of the great undeserved level-ups Wink
Don't mind me, just sour grapes Cheesy

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January 27, 2015, 08:50:55 AM
 #7

Calling them the Winklevii makes me think of them as conjoined twins.
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January 27, 2015, 08:57:53 AM
 #8

Barons would be an ironic title in a decentralized ecosystem. They don't seem to have much interest in promoting Bitcoin unless I missed something.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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January 27, 2015, 09:01:02 AM
 #9

I was so amazed to see their interview today after they presented their ETF project!

They said if bitcoin market cap would be 400 billion if it becomes major among money transfer(visa,mastercard).

marketcap would be in trillions if it disrupts Gold..

They hold 1% of all bitcoin total supply!

They are taking bitcoin to wall street and comply with regulations to create the first ever ETF for bitcoin so all the banks and wall street major billionaires can now invest in bitcoin..

In the coming decentralized world which will be made up of key technologies like drones, 3d printing, autonomous agents we can be sure that the blockchain technology will be like how electricity was to the 20th century...

bitcoin will be the token of value in future...

they will be the masters of decentralized revolution!

Any sources on anything you've mentioned about them?

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January 27, 2015, 09:04:00 AM
 #10

Barons would be an ironic title in a decentralized ecosystem. They don't seem to have much interest in promoting Bitcoin unless I missed something.

You missed something.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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January 27, 2015, 09:09:26 AM
 #11

I was so amazed to see their interview today after they presented their ETF project!

They said if bitcoin market cap would be 400 billion if it becomes major among money transfer(visa,mastercard).

marketcap would be in trillions if it disrupts Gold..

They hold 1% of all bitcoin total supply!

They are taking bitcoin to wall street and comply with regulations to create the first ever ETF for bitcoin so all the banks and wall street major billionaires can now invest in bitcoin..

In the coming decentralized world which will be made up of key technologies like drones, 3d printing, autonomous agents we can be sure that the blockchain technology will be like how electricity was to the 20th century...

bitcoin will be the token of value in future...

they will be the masters of decentralized revolution!

If they were smart they would have sold when Bitcoin hit $1000, if they are still holding after that then they aren't good venture capitalists.
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January 27, 2015, 09:13:36 AM
 #12

marketcap would be in trillions if it disrupts Gold..
Not so comfy on gold comparisons. There are substantial differences between a digital currency and cultural assets. Just pointing at those news regarding Tutankhamun's beard.

SirChiko
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January 27, 2015, 09:18:47 AM
 #13

I was so amazed to see their interview today after they presented their ETF project!

They said if bitcoin market cap would be 400 billion if it becomes major among money transfer(visa,mastercard).

marketcap would be in trillions if it disrupts Gold..

They hold 1% of all bitcoin total supply!

They are taking bitcoin to wall street and comply with regulations to create the first ever ETF for bitcoin so all the banks and wall street major billionaires can now invest in bitcoin..

In the coming decentralized world which will be made up of key technologies like drones, 3d printing, autonomous agents we can be sure that the blockchain technology will be like how electricity was to the 20th century...

bitcoin will be the token of value in future...

they will be the masters of decentralized revolution!

If they were smart they would have sold when Bitcoin hit $1000, if they are still holding after that then they aren't good venture capitalists.
As far as i know they weren't aboard when we were at 1k not even mention that they would have to buy in way earlier to even profit.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

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January 27, 2015, 09:21:45 AM
 #14

I was so amazed to see their interview today after they presented their ETF project!

They said if bitcoin market cap would be 400 billion if it becomes major among money transfer(visa,mastercard).

marketcap would be in trillions if it disrupts Gold..

They hold 1% of all bitcoin total supply!

They are taking bitcoin to wall street and comply with regulations to create the first ever ETF for bitcoin so all the banks and wall street major billionaires can now invest in bitcoin..

In the coming decentralized world which will be made up of key technologies like drones, 3d printing, autonomous agents we can be sure that the blockchain technology will be like how electricity was to the 20th century...

bitcoin will be the token of value in future...

they will be the masters of decentralized revolution!

If they were smart they would have sold when Bitcoin hit $1000, if they are still holding after that then they aren't good venture capitalists.

theyre convinced a btc will be worth $40,000 so why would they sell for $1000 ?

they do come across like assholes in that movie  but did zuckerberg  really steal their idea for facebook and develop it himself  ? Cheesy

a judge must have believed they had some rights  if they got $65,000,000 in compensation but i dont know the specifics .....
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January 27, 2015, 09:27:02 AM
 #15

It just feels wrong to begin regulating Bitcoin. It will be diluted and mutated into a governmental financial instrument.
bryant.coleman
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January 27, 2015, 09:36:43 AM
 #16

400 billion, I just wonder how they calculate and get the number, but I have confidence on this too

I  think that is the combined market cap of Visa + Master + Paypal

Right now the BTC market cap is around $4 billion. I'll be happy with $40 billion.  Grin

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January 27, 2015, 10:19:06 AM
 #17

It's sound great, but I don't think it is possible.
If the market cap over 400B, it means about $30k per coin.
ATM, every day generate 3600,
So we have to cost 3600*30k=$108 mil per day to support the system.
Is that worth?
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January 27, 2015, 10:31:54 AM
 #18

400 billion means $20,000 per Bitcoin , I highly doubt that it can be truth, We can hardly keep it above $1,000,not even $300.
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January 27, 2015, 10:34:15 AM
 #19

It is a big IF, and if it becomes major, when will that be?

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January 27, 2015, 10:34:31 AM
 #20

Hmm.... market cap of $400b IF it becomes one of the major players in money transfer.

I am skeptical. It has been 7 years already. The growth seems to be downward.  Angry

The growth is taking a long time but still upward, its just complicated and no central authority to speed things up.  We need bitcoin as easy to use as mastercard to get to those figures.
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