Post
Topic
Board Speculation
Re: Gemini's launch and impact on Bitcoin price
by
Denker
on 10/10/2015, 19:18:27 UTC
Yesterday the volume there was 30BTC - https://cryptowat.ch/gemini/btcusd/1day - does not look serious.

What on earth are you expecting after hardly a day? People didn't even had a chance to fund their accounts yet, and it is currently severely limited to several states in the USA as well.

Things take a little time to get of the ground..

That is the problem we are here often facing. People show absolutely no patience! everything has to happen quick.
But this is not how a solid business and solid price of Bitcoin can thrive.
I believe in a time period of 6-12 months Gemini can have an influence in price. Even more when the ETF is in the game.