BITCOIN ETF GENERAL

reporting.

winklevoss will carry coiners into a glorious new era starting this fine winter morn, meanwhile zuckerberg got no sleep last night at all.

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https://www.youtube.com/watch?v=yZNtYmdZ-4c

Even if it tanks to $10 I feel like I've had my share of entertainment from being a part of this magic internet money rollercoaster.

I thought they will make the decision on March 13

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>>1846928
https://mobile.twitter.com/jeffjohnroberts/status/840011161802330112

Unlikely. Today is the day.

S H A D I L A Y

>>1846926
ex-fucking-actly
i don't even care about the money anymore, the assblast is the only thing that matters no matter who's ass it is

t. coiner

wired 5k to a bitcoin broker to insta buy if the etf gets accepted :D even if it doesn't there are going to be cheap coins available so win-win situation for me!

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>>1846922
This. Institutional left wing investors on PERMANENT SUICIDE WATCH.

Alpha chads Winklevii will deliva

HAHAHHAH SEVEN HOUR CONFERENCE TODAY
https://www.sec.gov/rules/other/2017/33-10312.pdf

So before of after?

This is your last chance, nocoiners

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CHECKOUTMYFUCKING DIGITS


IT IS A SIGN


WEE ARE GOING TO THE MOON

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>>1846946

what time should we expect a decision? I have to go to work soon but I don't want to miss the boom/dip.

>>1846959
Probably 4pm or there about based on old decisions.

ready your BEST nocoiner memes. i want this thread looking like an /sp/ archive.

>>1846961
EST I'm assuming?

you idiots actually think they will legitimize this? HAHAHAHHAHA

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>if ETF fails

ETH goes up

>it if succeeds

BTC goes up
Is that the jist of it?

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>>1846966
>if ETF fails
we buy the dip

>it if succeeds
we bathe in money

>sounds too good to be true, what's the catch?
the only catch is if you're a filthy nocoiner :D:D::D:D:DDDD:D::D:D::D:D

>>1846966

I think the market as a whole will go down if this fails. You're deluded if you think otherwise.

Nocoiners will not be allowed to post below this line.
__________________________________________

>>1846971
Your vagina is horizontal.

Would you guys say this is a 50/50? I'm desperately trying to buy coins but bpay is taking so fucking long. Provided it does go through is it still worth buying the coins ASAP??

>>1846976
50/50 at this rate, most ETF's they've left until the last day have come down to approval. Denial is usually done before the deadline.

If it gets denied buy at the dip and we have the next ETF for bitcoin due before the 30th which people have been more positive to due to the way its been organised.

>>1846969
Yeah I don't understand the mentality that speculators will jump over to other cryptos if the ETF falls through.

>>1846977


>most ETF's they've left until the last day have come down to approval. Denial is usually done before the deadline.
This means that approval is quite likely then ?

Aren't there like 2 or 3 other ETF's waiting? One day one will be accepted.

what's the worst case scenario, seriously?
I see no downsides but maybe I'm 2optimistic

I'm an Ausfag
What timezone is the approval?
4pm where?

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You ready to become part of the new financial elite /biz/?

>>1846990

4pm EST

>>1846979
If going off past results, then yes.

>>1846982
Yes, another one on the 30th. It's only a matter or time.

>>1846986
Bitcoins sold by people getting out, cheap bitcoins bought by people buying in cheap rising the price again. There will be a dip but it will recover.

Here we go lads.

https://cryptowat.ch/bitfinex/btcusd/1m

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LADS GET THE FUCK IN HERE RIGHT NOW!

WHO GOT EARLY NOTIFICATION?!

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>>1846999
It begins

just hit $1350.

where were you when people who carry fiat became next generation bagholders?

srsly did the decision get announced?

DO I BUY OR NOT FUCK

it hasnt been announced yet, lol

>>1846918
What the fuck was that 1350 ???

wtf i'm a fucking nocoiners right now cause I sold
When will I learn???
Callins suicide hotline now

>>1847016
If you're on /biz/ regularly you should already have bought. BUY RIGHT NOW YOU FAGGOT

What do I need to buy some memecoins? Bank account+verification at least?

>>1847026

The verification takes days/weeks. If you're not already signed up, it's fucking over for you.

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So sorry, as I've missed you
Running with the crazy crowd
I'm climbing, going higher
I don't care if I never come down
I don't care if I never come down
I don't care if I never come down

>>1847026

Localbitcoins.

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Get rich or die buying!

>>1847032
>>1846924


the people's thread theme

If this gets approved, how long until the ETF is available to the public?

And when will we know symbol?

>>1847026
See if there's a Bitcoin ATM near you.

Its slowly coming back down off of that fucking cliff

Remind me, was that 1339 an ATH?

>>1847038
>Google "BTC ATM"
>Check my country
>0
Fuck this country srsly.

Can anyone explain what just happened?

>>1847044
Hype

>>1847041
Yep.

>>1847044
Hype or somebody is betting that bitcoin will fail so they took out a massive loan to short it.

>>1847045
So this isn't a reflection on some sort of influence on the outcome of the ETF approval? I'm waiting for my bpay but its taking ages.

>>1847041
Yep

>>1847041
Of course.

But bitcoin broke the previous ATH just a few days ago.

>>1847044
One big feint.

Major investors pumping bitcoin in order to ensnare suckers thinking the ETF got approved and trigger other suckers' buy options, thus creating a minor tsunami they can short the fuck out of.

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You can watch the webcast of the meeting here. https://www.sec.gov/news/otherwebcasts.shtml

Starts in 45 minutes. Buy now lads. This is a revolution.

>>1847053
Risky as fuck it can backfire so badly, much more likely insider info

>>1847044

Someone had a plan. Short squeeze on the way up, trigger buy orders and then dump. Flawless.

>>1847057
So ya think itll go back down?

>>1847063
With the hype that's going on, anything's possible.

>>1847054
>today's events:
>Thursday, March 10

Is that a fake website or something?

>>1847063

It already did. The price we're at now is because of the buy orders at the bottom. We hit $1068 and then bounced to where we're now.

>>1847066
Site's seems legit, found the same site through the official sec.gov link.

>>1846918

We're going to the moon, you faggots!

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>>1847073

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why didnt you buy anon?

>>1847079
my bpay didn't come through in time

>>1846918

What do you think the price will be if ETF is approved and price stabilises ?

>>1847085

>price stabilizing

...this your first day playing crypto anon?

>>1847091

We've been at a steady 900 - 1200 for the past weeks now.

>>1847098
a 30%+ fluctuation in price is not stable

So do you guyt think this actually will be good for bitcoin itself? All I can see is lots of btc being owned by people who can't even access their own coins.
Also I'm kinda curious about the technicalities of this proposed ETF, how they will generate a wallet(s), where they'll even get new btc from in a secure way, how they'll manage ownership etc.., is there anything known about that?

>>1847114

The stock itself doesn't matter itself so much as the 300 million that's going to be tossed into BTC as a result of the stock.

>>1847016
Not now. If etf fails, wait for dip. If succeed, wait for new price floor.

If you buy now you risk buying at th VERY top then watching it crash. Don't be dumb.

It is already in a bubble due to the ETF. The true price of bitcoin is about 400-500

>>1847121
>The true price of bitcoin is about 400-500
Regardless of market cap, users, acceptance, ... ?

>>1847114
Exact same way as gold silver and oil can't be accessed by people investing. You don't get to go down to the nearest Microsoft or Apple shop and take items because you own stock as well.

Will be ledgers I assume of who owns what percentage of coin(s) and the brothers have to have that on hand.

They'll use their own Bitcoin to float the company.

>>1847121

>this nigger

Despite the last 18 months that show differently?

>>1847121
Please explain to me why. It has 400 dollars worth of scrap metal in it? Quit talking out of your ass.

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a friendly reminder

buy on rumors sell on news

>>1847121
No coiners please leave.

>>1847054
I'm watching this, and it seems completely unrelated.

>>1847131
this shit is a religion not an investment to these people. rationality is out the window.

>>1847155

Nigger what? We're not mETHheads

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I'm in for the long haul on both ETH and BTC anyways unless some ultra travesty happens.

This ETF is good:
>approved: my portfolio grows and nocoiners are buttblasted
>denied: price drops, buy the dip

Sometimes it's too easy to make money.

>>1847158
see
>>1847157

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>>1847159

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who here just hodling without riding the buy sell waves of today?

guys GUYS

where is the absolute fastest place to get the word of the announcement results?

is this a good place to be watching today?https://twitter.com/SEC_News

>>1847163
>>>
> Anonymous (ID: iZchpDDD) 03/10/17(Fri)06:52:26 No.1847163 ▶
>File: C5_q1L1WQAAyJBy.jpg (48 KB, 499x474)
>who here just hodling without riding the buy sell waves of today?

Yo, I'm just riding this bitch. I wish I was playing the waves but I don't want to fuck around right now.

>>1847165

could be https://www.sec.gov/rules/sro/batsbzx.htm

or also https://www.sec.gov/rules/sro/batsbzx/2017/?C=M;O=A

>>1847163
100 coins ride or die to death.

>>1847184
this ride or die mentality is retarded and happens way too often on this board

why would you ever expose yourself to a 'die' outcome

i'd much rather be "stay neutral or miss out gains"

>>1847163
I've got .05 BTC and 3 ETH. I'm just watching. However, if BTC tanks, I'll probably throw another $50 in when it seems like we're around the bottom (I'll give it 2 days)

>>1847115
is there a mathematical model to predict how $300 million will move the market? Obviously it's on a curve, but there must be a constant or two.

>>1847204
there's no predicting bitcoin, anyone who says there is is selling you snake oil

>>1847204
but some faggot still dumped 5k btc when we were riding upwords

he made 6 million....think about it

PSA: If you currently hold BTC, your best bet is to hold fast. Don't sell.

If you DO NOT own BTC, DO NOT BUY NOW. There is a significantly greater chance the ETF gets denied. Almost assuredly. Save your Yellenbux for the dip. Then buy. But if you already hold, unless you bought it at $1000, the small chance of mooning is worth it to hang on.

You should buy the dip regardless.

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>>1846918
See you guys in Hawaii

>>1847224
I hate seeing this. Make me wish I got on the train years ago

>>1847224

Congratulations anon, I am Jelly.

>>1847223

significantly greater chance now? why?

>>1847224
Why not just sell and put that in a nice vanguard account

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>>1847224
hope it lasts friend

>>1847240
So I can purchase an actual ticket to the moon.

>>1847238
Denial is the most likely outcome. There's dozens of analyses out there. Basically the market hates risky bullshit like Bitcoin. It's viewed as untested and unproved (I know...). You're trying to convince a boardroom of stuffy old boomers that your magical internet bux deserve a seat at their table. Good fucking luck. I'd like to see it happen too, but the odds are quite long. If they liked it, they would have passed it before the drop-dead deadline. They're gonna say lolno.

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>>1847224
>1.6 million
>coinbase

>>1847224
this is inspect element - fake numbers.

unless you make a webm refreshing the site.

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>>1847253
Nah, not today. Kid.

Tfw making bred crumbs with ETH because of Bitcoin.

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is there a countdown to the outcome of the meeting?

or should i just watch the market price - fastest news?

>>1847189
I already bought a house from the first boom and have enough in cash assets and other investments now that I can stay supported even if this goes bust.

Bitcoin set me up for life, the rest from here out has been gravy and I'm happy to let it ride with what its already rewarded me with.

>>1847271
fair enough anon

good luck

i hope the ETF is accepted today

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>>1847274
I work with the SEC.

Can confirm...it's coming.
https://steemit.com/bitcoin/@tlogs/why-the-coin-etf-will-receive-sec-approval-a-detailed-analysis#

>>1847279
bullshit, even if you are you're committing a felony by saying that

>>1847283
of course its bullshit

but the article does make a good point

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>>1846918
What kind of gains are we looking at if the ETF is accepted?

Hoping I can make some gains here.

>>1847283
I work with, not at.

>>1847287
Regardless, still illegal

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>>1847290
nope

it's not insider information.

its well know it's going to pass today inside the SEC, everyone is talking about it.

>>1847291

>plz m8

>>1847286
You're gonna gain the best sandwich of your life. All extra's and the big coke.

>>1847291
Check your wallet

>>1847297
ha great, worth the giggle too. some people saying it could hit 2k I'd be real happy with that.

>>1847291

sent :^)

How will you change your life if this thing gets approved.


I am prob gonna order 10 Big Cokes and crab legs

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>>1847253
>>1847223

This anon knows his shit.

>>1847210

No, I don't mean *actually* predicting it. I just mean a theoretical model. It wouldn't be BTC specific, it could be applicable to any currency. Like, we know the market is at PRICE1 and DEMAND=0.3B. WILLINGTOSELL@PRICEX = # of people that will sell at each price. They're not gonna find enough sellers at PRICE1 to meet .3B coins, so the price moves up to PRICE2. Repeat process.

It's a discrete process, but because BTC is so divisible and there's high liquidity, there's close to infinite values for PRICEX. You can plot all the BTCSOLD@PRICEX info along a curve until the sum of BTCSOLD = 0.3B. The last value of PRICEX minus PRICE1 is how much it *theoretically* would move the market, barring extra variables like other people trying to ride the wave or unusual shorting behavior.

What I wanna know is if there's a model for WILLINGTOSELL@PRICEX. Of course it would probably contain more unknown variables that depend on certain parameters of whatever currency you're modeling.

>>1847306
I'll masturbate furiously to suppress the regret of not getting into BTC when I first heard about it.

So if btc is going on the nasdaq, when will it start trading?

>>1847307
my response was oversimplified, but the rationale behind it was that you are not dealing with seasoned investors here. you're dealing with bitcoin cultists and slumdog millionaire whales who don't put any of their trades on their taxes.

so while models may work on standard markets, they won't work here. it's easy enough to go into each exchanges order books and see exactly how much will move to each price point, but the order books change every minute because they are run by home brewed whale bots. you're better off flipping a coin basically.

>>1847315
>>1847306
>>1846924


B I T C O I N
I
T
C
O
I
N

*** C U L T ***

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Since some of ya'll are being generous, I made pic related for /v/. I was planning on making one related to Bitcoin that you could marvel at and destroy threads with, so drop a haypenny if you'd like to support that.

157jzqNH5aWXmwe9rSx61o7YDYCyJJ6j5f

Personally I'm a poorfag so I've only got $500 invested in mETH, and the ad will probably focus on that.

Damn china is just going to sweep up every coin they can get their chopsticks on

>>1847322
when you say you made this

do you mean

you are the guy in the ad
its your craigslist ad?

>>1847332

don't worry about him, worry about killer7.

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>>1847337
kek

>>1847332

That is correct. I am running to catch my ride but I'll provide a timestamp when I get there in like 20.

I made that ad and various others and I'm going to make one about mETH.

>>1847345
autism

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>>1847315
>>1847315
Oh yeah, I know that and I agree. I'm just asking if there's a well known/accepted model out there for how sudden large buys will *theoretically* move a market. kinda like the black scholes pricing model.

I totally get that it's practically useless for bitcoin, I just want to mess around with it and play what-if scenarios.

>>1847306
I'll figure out where Aivazovsky painted this and go there.

Separately,

>>1847347

That is correct.

>>1847322
>not being $6k deep into eth

It's like you don't want to be rich

>>1847357

I only have like $1000 in my checking, so I'm betting quite a damn lot.

>>1847359
I'm just giving you shit.

I wish I had more to put into eth. I'm so young that even if eth were to go to $0 and I lose EVERYTHING, it wouldn't be the end of the world. However. If it moons? Oh man.... ooohhhhhhhhhhhh man.

just put in about 25 dollars, all i can afford. please take me to the moon.

Have 2.15 BTC but I'm trying to accumulate more before ETF.

1BZ4eGzZBwR1QqNbVZ5VAspVdtq8GaPzbm

>>1847394
>>1847373

S T O P

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>"we have more than 2000 people tuned into the webcast"
>Everyone watching just wants a bitcoin announcement
>There's probably people being paid right now to just watch for any word of announcement.
>It's about financial education for people that don't know anything about investing.

8/10, SEC. Good show.

>>1847397
I really don't do it, but if people keep begging on here there must be some people donating, right?

Just testing a theory.

>>1847404
you can take your scientific method and shove it

prediction: etf is approved and the SEC lectures us on the risk of it

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Reading this thread and Im too poor to afford bitcoin.

I struggle for rent and almost crying I cant join with you guys to make money..

If any anon wants to help me make it in life with any small bitcoin .. I would owe you forever

1Mfj2f2vupM1WwxuGjkzu3TAraEzApD5R9

>>1847410
prediction: etf is delayed 6 months on concerns of 'market immaturity'

>>1847419

eww, a curveball, i like it.

Poorfag here, only holding 0.1 bitcoin because of my study dept :(. 17EUSa35bVEEPVZAVxfPnocoNCjeA7sEMN

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R A D I C A L

>>1847419
https://twitter.com/RyanVlastelica/status/840217251223556096

Try again.

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S N A C K S

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Has it happened guys?

>>1847431
stream link pls?

>>1847432
that doesnt say anything...

>>1847435
https://www.sec.gov/video/live/2373689294677-evidence-summit-031017.htm

>>1847442
Are they really going to start making announcements during this generic-ass lecture?

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>>1847442
ty bbz

>>1847444

i really dont know, i was about to ask if anybody knows whether the topic of this talk is because of the ETF/bitcoin or not.

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>>1847240
>>1847240

He'd be better off buying some physical gold and silver and paying in BTC from a site that accepts it. Buy stocks after the next crash. Trump is a major letdown in regard to the economy and health care.

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>>1847448

y-you're welcome e_e;;

also pic related: "to all the people emailing us, we have nothing to say about bitcoins so please stop asking. i don't know what that means but i was told to say that."

okay faggot

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ALRIGHT FAGGOTS IM BACK.

Reminder that even if this doesn't pass, there is STILL ANOTHER SIMILAR PRODUCT which is due to be confirmed on March 30 (https://news.bitcoin.com/sec-delays-decision-solidx-bitcoin-trust/). This is also much more likely to pass as insurance is included in the product so it is safer in the eyes of the SEC.

This is therefore a WIN WIN situation. Either rejects, we hodl lower, stash more, wait for rise, or we moon now.

SEC announcement is 100% today: https://twitter.com/RyanVlastelica/status/840217251223556096

TO THE FUCKING MOON

>>1847416
>>1847425
Fuck off you faggots, get a fucking job instead of posting here if you need money.

>>1847454
welp

dropped.

I suppose everyone is going to cash out immediately if rejected?

>>1847449
I don't think so. They haven't mentioned it once.

I think they're patting themselves on the back for making company filings public and requiring
F E E D I S C L O S U R E
for mutual funds.

I think this is prompted by the new DOL fiduciary rule getting overturned by king cheeto. They want average investors to be able to retire without choosing some chucklefuck who's only responsibility is to make SALES

>>1847465
there will be significant selling yes

>>1847454
Lmfao, what time is that at? I have to see it.

ITS OFFICIAL: SEC REJECTED THE BITCOIN!

BUY ETH NOW BEFORE IT REPLACES BITCOIN!

>>1847469
I'm sure there are people standing by to short it if it gets rejected as well.

>>1847470

about 17:00 i think, this player is so shitty its hard to tell

>>1847473

lol

>>1847473

Shut the fuck up, retard.

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>>1847455
These digits don't lie.

Today will be known as the day that nocoiners collectively accepted their fates as the worst /biz/iness men of all time, forever chained to the rubble of poverty.

It's going to be glorious.

>>1847473
Desperate nocoiner on his last legs detected
>pic related: you

>>1847455
>>1847416

I have a 18h job.. I just.. couldnt put anything into bitcoin .. and Ill miss the ride to the moon. Here unemployment levels are high, so we take anything we can get for work.

Well, I get your begging dislike, Im not surprised.

Just hoped I could get anything before the SEC decision when btc is still cheap

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>>1847492
The technology has been around since 2009 and you are implying you haven't had one chance to not even buy $5 worth?

No one is going to give you money. We are not a charity. I'm sorry you live in a country with high unemployment. Millions do. I'm sorry.

>>1847492
Just borrow money.

man I love bitcoin haha

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>coinbase cancelled my 200 dollar ETH order
>still haven't got back my money back a week later
>no reply back from customer service despite sending two emails


It's gone isn't it bros? Did I get meme'd on?

Im just using a broker now to buy BTC and ETH.

It is just easier...

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>>1847511
>ETH
They were doing you favour. Your dubs are a sign to invest in BITCOIN only as it is #1.

Man, I'm getting increasingly nervous... I should sleep now but I can't...

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>>1847497
>>1847492

this conversation kind of reminds me of like a /biz/ version of this story

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I have never been so bullish on anything ever lads. This is it. How do we suppose nocoiners will cope this time?

no, it will not go back to 300.
no, it will not go to 3,000

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>>1847473

All fucking mETH niggers should fucking hang.

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>>1847517

someone is overdue to get BTFO'd...but who??

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>>1847523
EVERYTHING is on the line. This is our Rorke's Drift.

>>1847026
Use localbitcoins.

Down to about 3 hours now.

if any nocoinlets want a souvenir, lemme know and I'll bring ye back a moonrock.

>>1847286
I only have 30 ETH and 1.3 btc, and feel like the biggest poorfag. It's so nice for the real poorfags to make posts like this, makes me happy ;)

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>>1847545
Howling at this post.

Daily reminder than nocoinlets are not short the currency, they are physically short. Manlets and nocoinlets go hand in hand.

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I noticed something maybe interesting. When it's 8 am in USA and 8 am in Europe the price makes bigger jumps. When the price went down at night it goes down further and when the price went up it tends to go up. Do I just imagine that or sounds it logical?

>>1847551
reminder lanklets

tall people dont fit on the space shuttle

moon missions are the short man's privilege

>>1847551

This.

Short on stature, short on Bitcoin, short on brains.

For some, coping is just a lifestyle.

>>1847554
people wake up and put it in anon... when Nikkei wakes up same, and dax

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How many Bitcoin(=Dollars) does it take to let the BTC price jump from $1200 to $1300 in 10 minutes? Can someone not stupid calculate this? Would be interesting in terms of insider knowledge.

>>1847572
Go look at the blockchain

>>1847559
An ode to nocoiners:

Short on stature,
a collective of detachers;
Short on bitcoin,
without urge or loin;
Short on brains,
Eternally dooomed to miss trains.

Enter Winklevoss,
our final boss,
To put nocoiners to death -
Via their ETF.

/amen

I'm surprised there isn't more activity in this thread. This is like the oscars for /tv/ or e3 for /v/. seems like there's only ten of us who give a fuck. Hell even reddit is moving slow.

where's the memes?

>>1847576

Oh anon, you're rich AND romantic!
Amen. Death by ETF.

>>1847576
I really, really, really like this ode

>>1847580
I was watching the evidence summit at the SEC. Lot of insight but also a lot of nothing too

BITCOIN IS MOVING

WHAT DOES THIS MEAN

HUGE DROP

>>1847580
Real money is on the line. Everybody is making sure to watch out for the announcement so they can place their orders accordingly.

>>1847580

Got $2500 in BTC. Letttssssss goooooo!

Shorting ETH is a good way to gamble on this getting approved, right?

>>1847585
If it passes, I'm buying a nice sandwich. Since I only have .4 bitcoins

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>>1847005
I can't wait any longer in buying now!!!

>>1847585
that was scary!

>>1847580
Very few people know or care about bitcoin still at this point.
Which is exactly why now's the time to get in before everyone else inevitably does.

>>1847588
Not in terms of opportunity cost, and in fact many might jump into ETH assuming they would be next.

>>1847580

There isn't much to discuss. We're going to know if the ETF is go or not in some undetermined amount of time.

https://twitter.com/RyanVlastelica/status/840217251223556096

https://twitter.com/RyanVlastelica/status/840217251223556096

https://twitter.com/RyanVlastelica/status/840217251223556096

It's coming today! Within hours everyone!

Does anyone know where the info about the decision will be released first?

>>1847592
it was a coinbase exclusive drop

Don't visit here often but i am watching this.

If it does take off im going to kill myself for not getting in on this meme in 2011.

Is the conference over or is there another link to this hairdos talking?

>>1847594
Then what's the trade I should be making with the BTC I have on Polo? I want to increase the amount of BTC I have, not just the dollar value.

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>>1847610
100X LEVERAGE

I'm away for the moment.
I got a sell order at 4500€. See you later.

>>1847619
Godspeed anon

PLEASE BE DENIED I WANT A DIP IM SORRY FOR NO COINING PLEASE FORGIVE ME

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>>1847121
(You)

>>1847548
Its funny really, the level's of wealth here is very interesting.

Glad to have helped :)

>>1847297
thanks for the laugh anon

>>1847624
This is what you nocoiners get

>>1847628
From rich chads to the lowest NEETs, if this ETF passes we all win.

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>>1846918

Fuck, the wait is killing me.

>>1847624

>Notices you through the windshield of his spaceship
>"Hey captain anon, any room for one more?"
>"One more? Now? I don't know, let me talk with Houston and get back to you..."

>>1847643
Same desu. I've started (continued) drinking.

>>1847257
This
>>1847224
wtf are you thinking?

>>1847649
1. i doubt that image is real

2. whats wrong with keeping it all on coinbase?

>>1847654
>2. whats wrong with keeping it all on coinbase?
If coinbase gets hacked or "hacked" you lose a lot of money.

>>1847240
take your single digit gains back to plebbit.com/r/investing

>>1847659
http://i.imgur.com/j2MQ2jL.png

its not MtGox

>>1847611
im 100x leverage right now. Let's fucking go.

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>>1847667
oops

I pasted that

in the wrong place

>>1847667
>>1847670
>taking their word for it
I wouldn't, that's all.

>>1847679

IMO out of all the exchanges, coinbase seems the most "legit"

>>1847680
Legit enough to use it to trade crypto, not legit enough to store large amounts of crypto.

put all my btc into etf

>>1847670
>trusting coinbase instead of downloading bitcoin core

you deserve to lose your bitcoins

>implying it will go through

>>1847668
Are you shorting or longing?

Don't go bankrupt

>>1847703
long, liq at 1241 for 50% of my coins.

Will place rest of my coins if/when it liqs with another 100x leverage.

im killing myself if this doesn't work anyways. go mega rich or go home.

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>>1847559
>For some, coping is just a lifestyle.

>All these people excited for their 4-5 bitcoin stash from money they mowed lawns and borrowed from their daddy, thinking theyre gonna be 'rich as fuck' hahahahhaaha this thread is an embarrasment

where do you guys trade with leverage?

>>1847713
COPE
O
P
E

>>1847713
I got 100x leverage on ~9 coins, if i dont go broke i go rich

Will place 10 coins (all i have left) with 100x leverage hoping it will work next time. if that doesn't work i will deposit the rest of my bank account and probably do 25-50x leverage so i dont have to kill myself.

>>1847717
bitmex

>>1847713

>this guy again for the third time

if this passes we're turning you into a meme

Anyone else see a triangle forming on the 30min? Probably will be completed in a couple hours or so, just in time for the announcement.

Moon

>>1847708
what do you mean? we are at 1241 already

i admire your balls but i think its nuts, im only playing with 1 btc that i sold for 1200 USD, waiting for a drop to rebuy, I got the rest on my bitcoin core wallet (16 btc). I'll have 21 BTC hopefully this year or next year, then I just have to wait 10 years to become rich as fuck. I wish i had the balls to take massive risks and get rich quicker but....

>>1847722

have thought about doing this many times. if you live youre invited to my house for a happy birthday/suicide averted party

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You ready to get rich gentleman ?

>>1847734
bitmex doesn't liquidate even if the last trade was below the liquidation price.

it needs to go under be stay below for a few trades/a certain volume or something like that to prevent everyones x50 and above getting bankrupt for when it's 0.0004 bitcoins being traded at that price.

>>1847734

what happens in 10 years?

>>1847734
x100 leverage is awesome with small amounts fyi.

t. pro

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Is bitcoin going to the moon ?

>>1847750
YES

>>1847722
what happens if bitcoin goes up on 100x leverage how much bitcoin profit do you actually make? and if it goes down do you just lose all your bitcoin and more?

>>1847760
want to know that too. usually these leverages contract fuck you really and if you loose. how do you owe them bitcoin?

>>1847760
Also interested

Im getting sick of this shit, how much longer do we have to wait?

When's the decision so I can sell

>>1847760

You can potentially win 100x faster and lose 100x faster. (DUH)

You buy 10 worth of BTC, then broker lends you another 990 to make it 1000.

But if your 1000 worth of BTC money go short on value to 990 then you are done.

>>1847763
we'll know within 2 hours

>>1847764
>>1847763

guess they're gonna tell us as they're leaving the office

>>1847768
Huge dump Incoming

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>>1847165

Run that python script that checks for the news on the site and emails you

:D

Mine is running at home.. i'll get an email in less than 100 seconds after they release the news.

Pic related

>not found yet.

>>1847766
What price did you place your order anon?

>>1847760
>>1847761
>>1847762
I can't lose more than i put in.

But if i place let's say 1 bitcoin on x100 leverage and it goes up from 1000 to 1010 (1%, 990) i can sell my 1 bitcoin investment for 10 bitcoins (1%*100x leverage)

Although if it drops even 1% the 1 bitcoin investment is 0 now.

If the price goes to about 1240 im losing 9 bitcoins. Not for the feint hearted, take care.

>>1847775
Holding on buying or selling keep me posted

>>1847670
How long until Coinbase starts loaning BTC and we start seeing runs on banks again?

>>1847776

Not having any order right now, just waiting the ETF decision for now.

Im stuck with etoro anyways so only 5x leverage here.

>>1847766
From my understanding it seems like a rather big risk for the exchange to give 100x leverage? What if btc drops very quickly and they can't liquidate the account in time?

>>1847782

I don't know... lol
My heart is telling me NO.... But my boddyyy my BOODDYy is telling me eyaaayeaaaaahaha

>>1847775

i wrote a little php script before i knew someone had made something for python. how often does taht refresh?

>>1847787

>reddit

fuck off

>>1847791
Originally it was 15 seconds. figured thats a bit too fast.. changed it to 100 seconds.

>>1847680
Really? More than Gemini, the one that's actually regulated as an exchange in NY state? The one owned by the same guys working with the SEC right now to legitimize Bitcoin through an ETF?

>>1847785

Honestly im not sure how it works for 100x leverage to be honest.

Most brokers have limited leverage based on price movement history from what I know.

So was I supposed to invest in vitcoins or ethereum?

>>1847793
nigger.. i visit /r/bitcoin and chan. Is that okay with your faggot ass?

>>1847779

>But if i place let's say 1 bitcoin on x100 leverage and it goes up from 1000 to 1010 (1%, 990) i can sell my 1 bitcoin investment for 10 bitcoins (1%*100x leverage)
Of course

But if i place let's say 1 bitcoin on x100 leverage and it goes up from 1000 to 1010 (1%) i can sell my 1 bitcoin investment for 10 bitcoins (1%*100x leverage)
didn't mean to write 990 after the 1% there, sorry guys.

if i place the order at 1000 and goes down to 990(1%) the whole investment is lost.

>>1847799
Gemini is the one, where if the ETF gets approved, it will be THE exchange.

It give the twins A LOT of power in the crypto space.

>>1847801
both

Can someone please give the link to the python email script?

>>1847799
I was unaware of these facts

>>1847787
I laffed

So many dreamers ITT, want to get away from their parents basement. Soon you will taste the darkness again. That familiar place of your failure, that you keep returning to over and over again. Believe me, you are just living inside an illusion right now. And once it's over, crash and burns, I will be the last one left that you see.

>>1847801
milkcoins. take the milkpill

>>1847814
>t. nocoiner

>>1847814
i never root for anyone to fail but yeah. most annoying bunch.

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>>1847809
its at the top

>>1847814
There is no need to be upset

>>1847814
how many coins you got bro?
>t-t-that's n-n-not the p-p-point!

Reminder the winklevoss twins are the reason retail investors got into gold and made it go from 400$ to 1200$+ we see today.

Also please give me anime renditions of the winklevoss twins kissing, for a friend.

we getting rich guys

>>1847809
https://github.com/JoseMiguelHerrera/python-bitcoin-etf

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>>1847732
>>1847732

Please rich coiners, have some pity on a struggling lad

>>1847810
fair enough, but damn son, you gotta work on your DD skills. I learned about all the big exchanges, players, and how to setup a paranoid paper wallet before I even gambled with $50.

Where the fuck did you get $1M?

>>1847832
Fuck off.

someone post a creative thread theme pls

>>1847835
wasnt me with the $1M screenshot

>>1847814
You sound euphoric

>>1847839
Making new OP

>>1847839
https://www.youtube.com/watch?v=zxXfHxceMg4

"what could possibly go wrong?-edition"

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>>1847814

New
>>1847855

>>1847766
Sounds great if you're in with a relatively small amount and willing to lose it all.
However, x100 seems way too risky even if you expect the ETF to pass and BTC to moon. Anything could happen in that initial period of the announcement and even just a 1% drop before the skyrocket doesn't seem like an unrealistic scenario.

Or is there some sort of protection against very short fluctuations?

>>1847877
There is a protection against short fluctuations, i dont know the details but even if the price goes below it doesn't sell automaticly.

Does this mean it'll be possible to short-sell BTC ?

>>1847808
So if i just invested in eth will I r.i.p in pepperonis?

>>1847805
even if it goes straight back up to 1000, two minutes later? your investment is still lost.. so its kinda just betting that it will go up before it goes down and if you are wrong you lose your bitcoins

My dragon emblazoned neck-tie just fell off of my coat-rack. BTC will drop in price.

who decides over the decision?

At which time will the decision be announced?

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>>1848125
HOLY SHIT ANON!!!

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>>1848197
GET FUCKING READY GOYS!!!!

Updates?

lol, dat drop