Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Is Gemini closed over the weekend, or just zero interest?

Of course it's not closed over the weekends. You can see the level of interest from the trades that occurred during the last 17 hours. The biggest trades were for 3 bitcoins, 2.12 bitcoins, and 4 bitcoins. All the other trades were for amounts below one bitcoin. Trades for 0.02 bitcoins make up the majority of trades. The trade for 0.00 bitcoins must have been for an amount below 0.01 bitcoins.

gemini   0.32   15 minutes ago   246.3
gemini   4.00   15 minutes ago   246.5
gemini   0.07   17 minutes ago   246.0
gemini   0.40   17 minutes ago   246.0
gemini   0.40   17 minutes ago   246.0
gemini   2.12   17 minutes ago   246.3
gemini   0.08   14 hours ago   246.3
gemini   3.00   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.91   17 hours ago   246.3
gemini   0.02   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.30   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0
gemini   0.00   17 hours ago   245.8
gemini   0.02   17 hours ago   246.0
gemini   0.02   17 hours ago   246.0

Not very active is it? Pretty embarrassing for the Winkle's really, let's hope it picks up this coming week.

Maybe people just don't like them. Or maybe people don't want to contribute to making little Harvard elitist thieves even richer. How many yachts do those little scumbags really need anyway?

Quote

Larry Summers, the former Harvard University president, isn't hiding his disdain for the Winklevoss twins -- the notorious pair who started their feud with Facebook founder Mark Zuckerberg while the three were students at the school under Summers.

"One of the things you learn as a college president is that if an undergraduate is wearing a tie and jacket on Thursday afternoon at three o'clock, there are two possibilities. One is that they're looking for a job and have an interview; the other is that they're an asshole. This was the latter case, Summers said at the conference. "Rarely, have I encountered such unfounded swagger, and I tried to respond in kind.

Either the service that Gemini provides is materially and substantially valuable or it is NOT.

Why does it matter about their personalities or their "elitist" status or their already spoiled brat status, except possibly if people are either trying to distract from the conversation or are preoccupied by petty and quasi-irrelevant considerations?

Really? Are you that naive? People avoid businesses all the time because they don't like their politics. I know people that still refuse to use Exxon Mobil products because of the way they handled the Valdez spill 25 years ago.

Banks are the real clients in this case, and all they care about is making money. LOL@ them forfeiting potential massive profit (especially if crypto-currency becomes an asset class) because some guy in the bunch doesn't particularly fancy the CEO.

People are judgmental regardless of where they work and I seriously doubt wall street types see Bitcoin as this savior financial vehicle they've been waiting all their lives for. They might look at the track record of the CEO to see how sound their decisions are.

Good god, read this: https://exchange.gemini.com/user-agreement

You may have to give them a blood sample before you can trade there. That might be why they don't have much business yet.