To get live data from ICE--the exchange that withdrew the request--I'm currently paying a broker $120/month. By comparison, just about every crypto exchange currently offers push feeds and historical data for free. In most cases you don't even need to sign in. In some sense this is a measure of the immaturity of crypto markets. But it's also a reminder that with main institutional players moving in, the barriers to e…
Bitcoin blow as fund drops U.S. exchange application
41–50 of 77 posts
Re: Bitcoin blow as fund drops U.S. exchange application
#42Earlier quoted context omitted.
As someone involved in this stuff since 2011, the constant "death of Bitcoin" predictions are sooooo tedious.
getting the timing right is pretty much next to impossible. this does not change the fact that it will ultimately end that way.
Re: Bitcoin blow as fund drops U.S. exchange application
#43To get live data from ICE--the exchange that withdrew the request--I'm currently paying a broker $120/month. By comparison, just about every crypto exchange currently offers push feeds and historical data for free. In most cases you don't even need to sign in. In some sense this is a measure of the immaturity of crypto markets. But it's also a reminder that with main institutional players moving in, the barriers to e…
As a fund manager, I wish there was a data warehousing service I could pay for with a queryable by the minute (or better granularity) API that captured multiple exchanges across multiple countries for the top 50 coins. I would pay a lot monthly for that product. Such a pro-level service doesn't exist at all yet. Also there aren't any derivatives or futures to speak of yet (don't point out the existing futures markets…
Re: Bitcoin blow as fund drops U.S. exchange application
#44Its been priced in that nobody expects the SEC to approve that application. But pay attention to this space, the guy who worked on the Winklevoss Bitcoin ETF - which got rejected too - has taken the job at the SEC of approving ETFs. The last guy finally quit because of some red herring about supporting the trump administration or something (the Chairwoman Commissioner quit too) I love when a power vacuum gets people…
Re: Bitcoin blow as fund drops U.S. exchange application
#45Earlier quoted context omitted.
getting the timing right is pretty much next to impossible. this does not change the fact that it will ultimately end that way.
Things that enable previously impossible use-cases don't just go away.
Re: Bitcoin blow as fund drops U.S. exchange application
#46Earlier quoted context omitted.
Bitcoin only died 171 times so far: https://99bitcoins.com/obituary-stats/ . The first time was in December 2010 when it was priced at $0.23.
In theory, the governments may try to kill it once it reaches too far (to the point of being considered fiat money). However, the said government will also invite lots of backlash from the people and technically, no single government can stop the blockchain network completely.
Would you like to place a wager on that?
Re: Bitcoin blow as fund drops U.S. exchange application
#47RIP bitcoin. Current valuation is $4142.99 higher than it should be.. Im thinking we will get there within a couple of years. $1-2 seems about right per 1 BTC.
Re: Bitcoin blow as fund drops U.S. exchange application
#48That's overstated. I can already exchange Bitcoin easily and it's the best return I have of all my funds.
It would generally be appropriate to say things like "was the best return" or "has been the best return" when describing past price appreciation. "Is the best return" could be reserved for something like a stable source of income.
Kinda like how historically index funds have been the best investment but also might not be in the future? :)
Re: Bitcoin blow as fund drops U.S. exchange application
#49To get live data from ICE--the exchange that withdrew the request--I'm currently paying a broker $120/month. By comparison, just about every crypto exchange currently offers push feeds and historical data for free. In most cases you don't even need to sign in. In some sense this is a measure of the immaturity of crypto markets. But it's also a reminder that with main institutional players moving in, the barriers to e…
Re: Bitcoin blow as fund drops U.S. exchange application
#50Earlier quoted context omitted.
In theory, the governments may try to kill it once it reaches too far (to the point of being considered fiat money). However, the said government will also invite lots of backlash from the people and technically, no single government can stop the blockchain network completely.
> no single government can stop the blockchain network completely Would you like to place a wager on that?