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Topic: [2014-02-25] As Mt. Gox collapses, SecondMarket prepares to launch a Bitcoin exc (Read 676 times)

legendary
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In Satoshi I Trust
global moderator
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SecondMarket’s Barry Silbert to Launch Regulated US Exchange this Summer

http://www.coindesk.com/secondmarket-barry-silbert-launch-regulated-us-exchange-this-summer/


@ hilariousandco

wrote that on my phone  Smiley

Iphone? It gets me every time I try to post from there and it's pain to go back and edit.

I've got a feeling something will hold this exchange back, or it'll be throttled by regulations. Hadn't NY already brought in some strict rules regarding Bitcoin?

yeah iphone  Lips sealed . crappy and old one. next time i will have an android (also because of the blockchain app)  Smiley

(but iam indeed no native speaker)

Mines old too. iPhone 3. It's on its way out though I think - home button doesn't work, speaker keeps cutting out + more. I won't be sad when it finally dies.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
SecondMarket’s Barry Silbert to Launch Regulated US Exchange this Summer

http://www.coindesk.com/secondmarket-barry-silbert-launch-regulated-us-exchange-this-summer/


@ hilariousandco

wrote that on my phone  Smiley

Iphone? It gets me every time I try to post from there and it's pain to go back and edit.

I've got a feeling something will hold this exchange back, or it'll be throttled by regulations. Hadn't NY already brought in some strict rules regarding Bitcoin?

yeah iphone  Lips sealed . crappy and old one. next time i will have an android (also because of the blockchain app)  Smiley

(but iam indeed no native speaker)
hero member
Activity: 686
Merit: 500


That's interesting. It would be great if there was some way where the price fluctuations can be reigned in. They're really going to be damaging to Bitcoin in the long run I reckon.

Maybe this is a stupid question, but wouldn't more transactions stabilize the price automatically? Looking at crypto coins, those coins that are in less demand have large price fluctuations, whereas ones like litecoin or doge that have more demand and transactions, seem far more stable.
global moderator
Activity: 4018
Merit: 2728
Join the world-leading crypto sportsbook NOW!
SecondMarket’s Barry Silbert to Launch Regulated US Exchange this Summer

http://www.coindesk.com/secondmarket-barry-silbert-launch-regulated-us-exchange-this-summer/


@ hilariousandco

wrote that on my phone  Smiley

Iphone? It gets me every time I try to post from there and it's pain to go back and edit.

I've got a feeling something will hold this exchange back, or it'll be throttled by regulations. Hadn't NY already brought in some strict rules regarding Bitcoin?
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
SecondMarket’s Barry Silbert to Launch Regulated US Exchange this Summer

http://www.coindesk.com/secondmarket-barry-silbert-launch-regulated-us-exchange-this-summer/


@ hilariousandco

wrote that on my phone  Smiley
global moderator
Activity: 4018
Merit: 2728
Join the world-leading crypto sportsbook NOW!
As Mt. Gox collapses, SecondMarket prepares to launch a Bitcoin exchange in New York.


http://finance.fortune.cnn.com/2014/02/25/secondmarket-bitcoin-exchange/?iid=HP_LN

Ryan Selkis seems to be an fool by the way Cheesy


An fool?  Cheesy

Quote
Arguably more important than all of this is the exchange, which I hinted at in a post last Friday. The goal would be to reduce Bitcoin price volatility, by using spot pricing once or twice per day (like gold spot pricing) and serving as a clearing company in which member firms would clear all transactions by day's end. Members also would keep enough cash in Bitcoin to keep the exchange liquid.

That's interesting. It would be great if there was some way where the price fluctuations can be reigned in. They're really going to be damaging to Bitcoin in the long run I reckon.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
As Mt. Gox collapses, SecondMarket prepares to launch a Bitcoin exchange in New York.


http://finance.fortune.cnn.com/2014/02/25/secondmarket-bitcoin-exchange/?iid=HP_LN

Ryan Selkis seems to be a fool by the way Cheesy
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