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Topic: Bitcoin Arrives on Bloomberg: Beginning of Mainstream Adoption? (Read 1420 times)

legendary
Activity: 1386
Merit: 1045
Obviously, somebody put a lot of thought in the naming of the XBT symbol: http://www.bloomberg.com/quote/XBTC:US

I think a wise man should buy XBTC shares now, and dump at about 30% profit of which will happen once XBT goes live.
Hah I like that! It's under a currency though, so it's more like XBT Crncy. Apparently there's a request to include BTC in the ISO 4217 standard that deals with currencies, so perhaps it'll change in the future.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Obviously, somebody put a lot of thought in the naming of the XBT symbol: http://www.bloomberg.com/quote/XBTC:US

I think a wise man should buy XBTC shares now, and dump at about 30% profit of which will happen once XBT goes live.
legendary
Activity: 905
Merit: 1000
You don't need a weatherman to know which way the wind blows.
member
Activity: 84
Merit: 10
good news for bitcoiners
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
It might mean great news for the btc etf too!
legendary
Activity: 1386
Merit: 1045
It indeed has repercussions beyond what people expect. The whole of Wall Street is hooked to Bloomberg, and if this get on there, it means a pathway to more mainstream adoption.
By the way, Coin Desk covered this too -
http://www.coindesk.com/confirmed-bloomberg-staff-are-testing-a-bitcoin-price-ticker/
donator
Activity: 406
Merit: 252
Study the past, if you would divine the future.
this is amazing new! bitcoin is becoming widely accepted everywhere Smiley
hero member
Activity: 588
Merit: 500
Great news.  Significant step on the road to mainstreaming, especially if & when they roll it out to everyone.

Given the Gox issues, probably should be using the weighted average price, though.
legendary
Activity: 1386
Merit: 1045
Bloomberg terminals have been the cornerstone of all financial data throughout the world, and Wall Street cannot run without these terminals. Now, Bitcoin has arrived on these Bloomberg terminals (for employees only at this stage). Is this the beginning of mainstream adoption of Bitcoin, starting from the financial institutions/Wall Street?
Link: http://btcgeek.com/bitcoin-ticker-arrives-on-bloomberg/
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