All posts made by Macno in Bitcointalk.org's Wall Observer thread
1.
Post 3835630 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.32h):
is silvers market cap only at 15 Billion USD?
2.
Post 3835870 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.32h):
Closer to $22B
1 tonne silver is about US$725K
There are about 30K tonnes in reserves
(and over 1M available to be put in reserves so real number is closer to $800B)
Maybe he is just considering american eagles.
And only considering one aspect of Bitcoin.
[/quote]
Thx! Damn, that is tiny...
3.
Post 3844726 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.32h):
What about merchants? Can they still accept bitcoin without any problems?
4.
Post 3864112 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.34h):
round numbers ahead...800 USD and 5000 CNY (nobody seems to care about XBT/EUR...). Interesting to watch.
5.
Post 4034185 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.42h):
This is starting to get posted everywhere:
The front page of huobi.com says "银行汇款充值24小时到账，支持招商、建设银行。"
Apparently it translates to: "You can use the remittance to deposit fiat into our platform. The fund will be available in 24 hours. We support China Merchants Bank and China Construction Bank".
I know huobi is a Chinese exchange. I know they're saying they are now accepting fiat via "remittance". What is remittance though? And they say they support two different banks. Is remittance like a cashier's check form one of these banks? Is it a bank wire?
It looks like this exchange has found a way around the new regulations.
Maybe another webmaster trying this:
http://de.reddit.com/r/Bitcoin/comments/1t6yaa/let_me_tell_you_why_the_price_in_china_rose_3/
6.
Post 4042746 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.43h):
How does Bitfinex work? Can you margin trade there?
7.
Post 4042909 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.43h):
yeah, sure makes me wanna join Bitfinex...
8.
Post 4117875 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.46h):
Are you stuck in the 1980ies? THATs when Audi did not make proper cars.
9.
Post 4118067 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.46h):
Well, you`ve got a point there...but the normal everyday cars sucked...no they don`t and AUDI still makes good race cars.
10.
Post 4153607 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.46h):
How do you know how much Fiat is on Gox?
11.
Post 4237881 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.49h):
Does anyone know where to post that a 5 BTC withdrawal I did 3,5 hours ago on MtGox hasn`t still been processed? Their customer service does not answer yet. On Gox is does not show up as pending, but as done (in the history).
12.
Post 4238171 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_11.49h):
Thx. Yes, I will stop using Gox, I promise, as soon as I`ve got everything out of there....Posted it in the withdrawal thread though it`s about Fiat. Did not know they where fucking up BTC withdrawals as well now. Never had that problem before.
13.
Post 4788698 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_12.00h):
first time I notice something like a "wall" on Kraken (BTC/EUR). 96 BTC @ 575. And big spread to Bitstamp in EUR.
14.
Post 4933383 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_12.02h):
OK now we are as stable as fiat.
PLEASE MAKE THIS A MEME IT MADE MY DAY
I posted this at FB:
What participants in financial markets can "worry" about is extremely diverse. Most participants are worried about too much volatility of their reference asset (mostly mandatory with "value indexes" like EUR or USD because that`s ultimately what you need to pay your taxes with at gunpoint), other worry about the lack of volatility of their preferred and voluntarily chosen asset and unit of account. Just seen this priceless expression of "worry" in a bitcointalk thread:
"OK now we are as stable as fiat. Huh"
It is no coincidence that his signature reads:
"Peace cannot be kept by force. ~ Albert Einstein"
THX!
15.
Post 5507568 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_12.24h):
HAHAHAHA.
Mark Karpeles just liked him on facebook she said. epic.
She said Marc Andreesen.
16.
Post 6110890 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_12.34h):
Did anybody have the opportunity to try out the beta version of Reggie Middleton's ultra-coin yet?
Is there a thread about that? Has nothing to do with ultracoin the coin, has it?
17.
Post 6635762 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_12.43h):
Hi,
I don`t know if this has already been discussed in this huge thread, but I could not find it.
I am currently reading the amended filling for the Winklevoss BTC ETF, but I`m not done yet and not that familiar with US investment law so maybe it`s faster to ask here...
(filling is linked in here
http://www.coindesk.com/winklevoss-twins-plan-nasdaq-listing-for-bitcoin-etf-in-new-sec-filing/).
1. I remember the concept of "baskets" that the Trust creates from the Gold ETF GLD. The "authorized participants" who could create baskets and then sell shares of the ETF to retail customers were big banks, if I remember correctly. Has anyone here an idea who those "authorized participants" could be with the Winklevoss ETF?
2. I am wondering how a pretty liquid instrument (= NASDAQ listed ETF) is supposed to handle the very thin underlying market (=Bitcoin) and where (=what exchange?). Say some investor pushes a button and purchases ETF shares for 100.000 USD, which is pretty much nothing, for the current live NAV. How does the ETF manage to get enough BTC
at the same price? What`s wrong with my thought that you would buy the ETF for a BTC price equivalent of say 450 USD/BTC and your purchase drives the price to let`s say 465 USD/BTC, just because of the lag of the ETF buying those BTC?
Thx
18.
Post 6636510 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_12.43h):
Basically, you will be buying from the Twins. That is why I do not understand why people consider it bullish - they already got the BTC, now they will be selling them
Will I? As I read the prospectus, the authorized participants will have to deliver the BTC to have baskets (of shares) created. The authorized participants are not the Twins. The Twins would have to sell their BTC to the authorized participants, which they could of course. Is that what you are alluding to?
I am still curious who those authorized participants are going to be:
"Authorized Participants are the only persons that may place orders to create and redeem Baskets. Authorized Participants must be (1) registered broker-dealers or other securities market participants, such as banks and other financial institutions, which are not required to register as broker-dealers to engage in securities transactions, and (2) direct participants in DTC. "
https://www.sec.gov/Archives/edgar/data/1579346/000119312514190365/d721187ds1a.htm#toc721187_14If the names are big, I don`t think the Twins will necessarily have to sell their BTC...I think it actually could be bullish.
19.
Post 6636814 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_12.43h):
So either they want to sell immediately or in the future
Well, don`t we all want to do that at some point (buying stuff for BTC is also selling BTC)?
So noboby knows who those authorized participants will be and where those people will get their BTC from?
Can players as described above ("(1) registered broker-dealers or other securities market participants, such as banks and other financial institutions, which are not required to register as broker-dealers to engage in securities transactions, and (2) direct participants in DTC.) really do unaudited (shady?) OTC deals like simply buying the BTC from the Twins?
20.
Post 6636849 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_12.43h):
Nobody is buying or selling BTC when trading on the NASDAQ with this trust, they are trading in the shares which represent the value of a fixed amount of bitcoin.
The retail investor is not, as in the Gold ETF, but the authorized participants are:
"The Trust will create and redeem Shares from time to time, but only in one or more Baskets (a Basket equals a block of [50,000] Shares). The creation and redemption of Baskets will only be made in exchange for the delivery to the Trust, or the distribution by the Trust, of the number of whole and fractional bitcoins represented by the Baskets being created or redeemed, the number of which will be based on the combined NAV of the number of Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received."
https://www.sec.gov/Archives/edgar/data/1579346/000119312514190365/d721187ds1a.htm#toc721187_14
21.
Post 6639171 (copy this link) (by Macno) (scraped on 2020-04-04_Sat_12.43h):
You could actually short sell on Huobi? I`m asking because I learned that crypto people here call it "shorting" when they actually just sell coins, but I guess not in this thread. So people could borrow BTC and then short sell them on Huobi? Where did they borrow?
