CoinCidental
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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January 28, 2015, 12:43:15 PM |
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They discovered facebook, its only the number 1 site on the internet
They are early adopters of btc, do you think they will let this one slip away from their hands?
google is number 1 http://en.wikipedia.org/wiki/List_of_most_popular_websites
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CryptoRaver
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January 28, 2015, 12:47:01 PM |
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It just feels wrong to begin regulating Bitcoin. It will be diluted and mutated into a governmental financial instrument.
Iam with you 100% don't like this idea at all.
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LiteCoinGuy
Legendary
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Activity: 1148
Merit: 1014
In Satoshi I Trust
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January 28, 2015, 04:42:12 PM |
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The Winklevoss twins have a track record of betting on the wrong horse.
What were those wrong horses? They trusted Zuckerberg to code their social network ConnectU, he betrayed them and ran away with the idea: fail. They invested in BitInstant but it went bust as the founder got prosecuted for money laundering: fail. They are starting an official bitcoin exchange but it's already too late because CoinBase has the first mover advantage and backing from NYSE: fail. They invested millions over millions in Bitcoin without realizing that it is crippled by technical limitations and already earmarked for replacement by newer and better technology: fail. The only mistake they made was to trust Zuckerberg when they were teensgers imo They have amassed a fortune already, more money than most people will ever see in their dreams 1.2 million Facebook shares - win 1% of the total btc - win Their own regulated exchange - win First btc etf (if approved) - win Made money from bitinstant but avoided the legal issues unlike Charlie - win They also have tens of millions of dollars in cash if not hundreds so even if everything imploded tomorrow they would be fine - win Seem to be doing OK for a couple of young guys.... But I'm sure you could do it better, right? elite uni - win gold medals - win ... its funny when people say they are not successful or they are always the "losers"
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turvarya
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January 28, 2015, 04:44:11 PM |
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The Winklevoss twins have a track record of betting on the wrong horse.
What were those wrong horses? They trusted Zuckerberg to code their social network ConnectU, he betrayed them and ran away with the idea: fail. They invested in BitInstant but it went bust as the founder got prosecuted for money laundering: fail. They are starting an official bitcoin exchange but it's already too late because CoinBase has the first mover advantage and backing from NYSE: fail. They invested millions over millions in Bitcoin without realizing that it is crippled by technical limitations and already earmarked for replacement by newer and better technology: fail. The only mistake they made was to trust Zuckerberg when they were teensgers imo They have amassed a fortune already, more money than most people will ever see in their dreams 1.2 million Facebook shares - win 1% of the total btc - win Their own regulated exchange - win First btc etf (if approved) - win Made money from bitinstant but avoided the legal issues unlike Charlie - win They also have tens of millions of dollars in cash if not hundreds so even if everything imploded tomorrow they would be fine - win Seem to be doing OK for a couple of young guys.... But I'm sure you could do it better, right? elite uni - win gold medals - win ... I just looked them up on Wikipedia. They don't seem to have done anything besides Facebook and winning a gold metal. I expected more ...
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CoinCidental
Legendary
Offline
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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January 28, 2015, 04:55:19 PM |
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The Winklevoss twins have a track record of betting on the wrong horse.
What were those wrong horses? They trusted Zuckerberg to code their social network ConnectU, he betrayed them and ran away with the idea: fail. They invested in BitInstant but it went bust as the founder got prosecuted for money laundering: fail. They are starting an official bitcoin exchange but it's already too late because CoinBase has the first mover advantage and backing from NYSE: fail. They invested millions over millions in Bitcoin without realizing that it is crippled by technical limitations and already earmarked for replacement by newer and better technology: fail. The only mistake they made was to trust Zuckerberg when they were teensgers imo They have amassed a fortune already, more money than most people will ever see in their dreams 1.2 million Facebook shares - win 1% of the total btc - win Their own regulated exchange - win First btc etf (if approved) - win Made money from bitinstant but avoided the legal issues unlike Charlie - win They also have tens of millions of dollars in cash if not hundreds so even if everything imploded tomorrow they would be fine - win Seem to be doing OK for a couple of young guys.... But I'm sure you could do it better, right? elite uni - win gold medals - win ... I just looked them up on Wikipedia. They don't seem to have done anything besides Facebook and winning a gold metal. I expected more ... ROFL T ell us What have you done then ?
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gogxmagog
Legendary
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Activity: 1456
Merit: 1010
Ad maiora!
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January 29, 2015, 01:20:31 AM |
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Does anyone here know anything about the politics of these two? Are they libertarians, or just lucky rich kids who bought a shit load of BTC at the right time and now intend to milk it for all its worth?
There are many scammers, many technologists and many philanthropists plus a huge number of greedy get rich quick kids in the is community.
Where do Winklevii fit in?
honkies from the east coast, most likely dyed in the wool conservatives. These type of American Upper Class people, when they go into business, tend to donate $$$ to BOTH democrat and republican incumbents. Its called hedging their bets. Which ever party wins, they are golden. Their politics are "Always back the winner"
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lunarboy
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January 29, 2015, 05:10:05 AM |
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Does anyone here know anything about the politics of these two? Are they libertarians, or just lucky rich kids who bought a shit load of BTC at the right time and now intend to milk it for all its worth?
There are many scammers, many technologists and many philanthropists plus a huge number of greedy get rich quick kids in the is community.
Where do Winklevii fit in?
honkies from the east coast, most likely dyed in the wool conservatives. These type of American Upper Class people, when they go into business, tend to donate $$$ to BOTH democrat and republican incumbents. Its called hedging their bets. Which ever party wins, they are golden. Their politics are "Always back the winner" You mean the only thing we can trust about them is their selfish greed? Ohhhh skips for joywas hoping for the environmental philanthropist option.
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Gleb Gamow
In memoriam
VIP
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Activity: 1428
Merit: 1145
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January 29, 2015, 05:39:46 AM |
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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. http://www.nytimes.com/2012/05/07/business/stock-trading-remains-in-a-slide-after-08-crisis.html?pagewanted=allTrading in the United States stock market has not only failed to recover since the 2008 financial crisis, it has continued to fall. In April, the average daily trades in American stocks on all exchanges stood at nearly half of its peak in 2008: 6.5 billion compared with 12.1 billion, according to Credit Suisse Trading Strategy.
The decline stands in marked contrast to past economic recoveries, when Americans regained their taste for stock trading within two years of economic shocks in 1987 and 2001.
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botany
Legendary
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Activity: 1582
Merit: 1064
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January 29, 2015, 03:55:02 PM |
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You mean the only thing we can trust about them is their selfish greed? Ohhhh skips for joy
At least they will be predictable. Greed is what drives this market forward.
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cuddaloreappu (OP)
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January 29, 2015, 05:17:37 PM |
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You mean the only thing we can trust about them is their selfish greed? Ohhhh skips for joy
At least they will be predictable. Greed is what drives this market forward. Greed and selfishness not only drives the markets but the world itself
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oblivi
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January 29, 2015, 06:21:35 PM |
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What would be the price of 1 coin if Bitcoin reaches 1 trillion marketcap? Is this realistic or the Winklevii are aiming too high?
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dyalldough
Newbie
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Activity: 44
Merit: 0
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January 29, 2015, 06:48:56 PM |
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Sounds like a lot of artificial hip just to market their brand.
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CtrlAltBernanke420
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January 30, 2015, 12:36:00 AM |
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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. How do you sell 1% of bitcoin without bringing the market to .01
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CoinCidental
Legendary
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Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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January 30, 2015, 01:01:35 AM |
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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. How do you sell 1% of bitcoin without bringing the market to .01 slowly ,very slowly .........
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oblivi
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January 30, 2015, 05:23:31 PM |
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Sick website. But even if you turn all the sliders up Bitcoin is not 1 million dollars. Are Winklevoss tripping when they aim for a trillion dollar marketcap??
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smith coins
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January 30, 2015, 09:41:52 PM |
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You don't really seem very libertarian. Are you sure this is the right currency for you?
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