Topic: Bitcoin Now on Bloomberg (Read 2819 times)

Yes, insofar as their being exposed to bitcoin will now be in a medium they are familiar with and have confidence in. At the last hedge funds conference I attended, everyone I spoke to already knew about bitcoin, but they weren't sure how seriously to take it. Some were open-minded, others were skeptical. (Three years ago, the same fund managers had never heard of bitcoin.) Bloomberg, whatever one may think of their shortcomings, does lend indeed credibility to bitcoin.

That must be the rocket ship the Winklevii used for their Virgin Galactic space trip paid in Bitcoins. 

Now, if only Warren Buffett knew how to use a computer...

Maybe, he'd be able realize the potential "this non intrinsic bubble" has.

Some VERY important people are going to be exposed to Bitcoin really soon!

Love it, Bloomberg adding it is a function is a great thing.  More exposure, more positive news, one closer step to legitimacy in the eyes of the "regular investor".

Doesn't get more legitimate than Bloomberg.

Bloomberg adding bitcoin is actually important, since professional traders and money managers usually have access to a bloomberg terminal, and bloomberg does a good job of keeping its subscribers up-to-date on new features. Indeed only a very small number of people will notice this change and see it firsthand, but those few people make decisions that involve enormous sums of money.

But still not many people will know of this feature and big woop if a company adds the prices of bitcoin.

We still are VERY VERY BULLLLISH!

Bitcoin has really reached mainstream now, with XE and bloomberg

The times they are a changin'

the dark times are over 

this sounds like big news to me. If Bloomberg has this up and running, to me that is pre empting the business end of town coming on board in the near future.

great news for bitcoin , keep them coming

I love a simple story gets folks to break out out the flaming avaition pictures. Aahaha

10, 9, ignition sequence starts, 6, 5, 4, 3, 2, 1, zero. All engines running.
Lift-off! We have a lift-off!!! 

Wow, great news.
It's nice seeing more and more big name businesses accepting btc.
I'd love to see a big name box retail store accept btc as a payments source.

The snowball has started to roll... avalanche is coming

Great news, nice to have Bloomberg onboard

I'm glad you ask this.
My clients are not necessarily a representative sample of bitcoin users, but it is interesting to note their perceptions of bitcoin. I have investment businesses in several different countries, and each business offers services related to bitcoin—although I do not advertise as such and rely upon word-of-mouth among my client base. All of my clients are either accredited investors (https://www.sec.gov/answers/accred.htm) such as fund-of-fund managers or high-net worth professionals, such corporate attorneys, surgeons, and industrial engineers.

Although they are very interested in bitcoin and are beginning to better understand it, I encounter these perceptions above all others:

1) Bitcoin is functionally broken or financially broke because of MtGox, so there's no point in using bitcoins anymore.  'I missed the boat.'

2) Satoshi is a Japanese guy that may be Dorian.  'He just invented Bitcoin to make himself rich, so I why should I get involved?'

3) Silk Road was some sort of black market website that was shut down, but criminals still prefer bitcoins instead of dollars. 'I don't want to get involved with crime.'

4) The Winklevoss twins are trying to take Bitcoin mainstream, but they're failing.  'If they can't do it, then why should I bother with bitcoin?'

5) Bitcoins have no inherent value.  'Buffett said so.'

6) Bitcoin is a ponzi scheme.  'Or at least a pyramid scheme. Money comes from the government, anything else is a scam.'


These perceptions are slowly changing, but education about bitcoin is still an enormous hurdle.

I think far more people would use bitcoin if it were better understood.



Pros use Bloomberg terminals, so this is very good news for Bitcoin.