Will the Winklevoss twins plan do to bitcoin what GLD and SLV did to GOLD and silver? I meen will there be a total disconnect between price and supply? Will it be open to naked short selling?
Because it seems to me that naked short selling has opened silver and gold up to massive price manipulation and I would hate bitcoin to go through the same crap. But then again it would be easy to ask for "physical delivery" of your bitcoins. Where as investment grade silver and gold with ownership trail is harder and expensive to store. So maybe there will be less manipulations.
’Winklevoss Twins Plan Regulated US Bitcoin Exchange "It's true that bitcoin's promise is a new, frictionless money, but that all becomes academic if we don't build towards an ecosystem that is free of hacking, fraud and security breaches."
Winklevoss twins plan space trip, funded by Bitcoin by Katie Lobosco @KatieLobosco March 5, 2014: 1:43 PM ET The Winklevoss twins are going to space and paying for it with Bitcoins. The Winklevoss twins have seen their wealth more than double since January, thanks to the frenzied rally of Bitcoin, which surged as much as 22% Wednesday. Tyler and Cameron Winklevoss, famed for their legal dispute with Facebook's Mark Zuckerberg, unveil plans to float a Bitcoin trust. In 2015, the Winklevoss twins launched the Gemini exchanges. It provides a secure, regulated environment, where anybody can buy primary coins and convert them to dollars. Although they plan to expand the options available, right now, the exchange offers only Bitcoin(BTC), Ethereum(ETH), Bitcoin Cash(BCH), Litecoin(LTC), Zcash(ZEC). Winklevoss twins first Bitcoin billionaires 00:58. Tyler and Cameron Winklevoss, twins who made a prescient $11 million investment in bitcoin, are reportedly now billionaires thanks to that 2013 bet.
They became famous as the privileged pair of Harvard athletes who believe Mark Zuckerberg stole their idea for Facebook. Now, entrepreneurs Cameron and Tyler... Gemini Co-Founders Tyler and Cameron Winklevoss on the launch of their Gemini bitcoin exchange. Watch Liz Claman talk about Currencies and Starting Business on Closing Bell and Exclusives. Autoplay When autoplay is enabled, a suggested video will automatically play next. Up next The Winklevoss Twins Eat, Sleep, and Breathe Bitcoin - Duration: 18:04. "Its going to be fast. In the next 2 years there will be a completely different landscape such as the Internet during 98 and 2000" NOW is the Time... Bitcoin is the Future of Money, Get Yours! Cameron and Tyler Winklevoss sit down with John Biggs to discuss Wall Street's attitude toward bitcoin, their new bitcoin exchange, and their bitcoin-based e...