Bloomberg's trading terminals now providing Bitcoin pricing (4/30/2014)

BitchicksHusband

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Quote from: Mythul on May 01, 2014, 07:41:58 AM

I just love magical internet money.

One serious question, if BTC reaches $50.000 / coin, why sell then since it would probably be less volatile with lots of infrastructure & services.

If it reaches that level it would be on par/better with/than fiat, gold...

Diversity. Even when bitcoin takes off like that, it's still better to diversify to protect your wealth.

pinksheep

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http://blogs.marketwatch.com/thetell/2014/04/30/could-bitcoin-prices-on-bloomberg-terminals-spur-investments/

Ibian

legendary

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Quote from: tins on May 01, 2014, 07:18:29 AM

We need to make sure that some people actually use btc to pay for service.
If they can show a bump in profit due to the acceptance of bitcoin, other companies will be more likely to follow suit.

Overstock already did that. Increased profits from accepting bitcoin.

pinksheep

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Activity: 196

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It's good news, but seems like it's going to take more than that to shift the price. I wonder what more is needed to achieve that? Grin

counter

hero member

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Time is on our side, yes it is!

This is a good thing for sure. I've seen many stories from Bloomberg on Bitcoin in the past so this seems very logical to me and others I'm sure.

pinksheep

full member

Activity: 196

Merit: 100

One serious question, if BTC reaches $50.000 / coin, why sell then since it would probably be less volatile with lots of infrastructure & services.

If it reaches that level it would be on par/better with/than fiat, gold...
[/quote]

I agree - if it reaches $50,000, we won't need to sell

Mythul

sr. member

Activity: 644

Merit: 250

I just love magical internet money.

One serious question, if BTC reaches $50.000 / coin, why sell then since it would probably be less volatile with lots of infrastructure & services.

If it reaches that level it would be on par/better with/than fiat, gold...

tins

hero member

Activity: 882

Merit: 500

We need to make sure that some people actually use btc to pay for service.
If they can show a bump in profit due to the acceptance of bitcoin, other companies will be more likely to follow suit.

Mayuyu48

hero member

Activity: 644

Merit: 500

this is cool, thanks to bloomberg who provide BTC pricing
i hope many people will aware about bitcoin presence, especially someone with economic background

w0lverine

jr. member

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Merit: 12

Quote from: dannyspk on April 30, 2014, 08:22:07 PM

I just love how everything is forming up.. all the good news and yet the price remains stagnant.

Maybe like a sling, its building momentum and then... To the moon Grin

Quality TA right there

dannyspk

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Activity: 341

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I just love how everything is forming up.. all the good news and yet the price remains stagnant.

w0lverine

jr. member

Activity: 44

Merit: 12

First xapo debit card now bloomberg. That is quite refreshing after the whole chinese mumbo jumbo

jbrnt

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This is serious exposure for bitcoin. Traders may not invest in bitcoin yet. But as they see bitcoin prices climb, more and more would consider bitcoin as a serious asset to hold.

Ibian

legendary

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Quote from: bananaControl on April 30, 2014, 01:01:44 PM

Quote from: UnDerDoG81 on April 30, 2014, 12:34:05 PM

Quote from: pinksheep on April 30, 2014, 12:15:17 PM

Epic could be $5,000, $10,000, $50,000 etc

I wonder who will pay 50.000 for one single coin? BTC should now be tradet in mbtc to attract more people.

Only to then change it to μBTC in two years? No, change it to "bits" once and for all. 100 Satoshis to one bit and 1,000,000 bits to one BTC - perfect!

I like this. Easy to figure out even for muggles and catchy enough to become accepted.

This is obviously excellent news, but I suspect it will take a while before it has a big impact. Not sure how big money moves but I suspect they will want to be very sure of what they are doing first.

YipYip

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Activity: 574

Merit: 500

Quote from: pinksheep on April 30, 2014, 07:08:09 PM

I would have thought this news would have bumped up the price a little already though? I guess it takes time for people to buy, but for those already involved with Bitcoin it seems logical to buy before some more "big players" get in the game.

I'm amazed that it has had no effect whatsoever on the price. Out of all the days I've watched the BTC price, this day seems to have had the least ever movement.
[/quote]

Relax ..its a bear market ..so good news has no effect ...it does not matter a great deal as it is a INFRASTRUCTURAL development

Dont worry it will have an impact ..we are now standing on a 6 foot concrete slab to build our house that is crypto Cheesy

pinksheep

full member

Activity: 196

Merit: 100

It will hit $50,000, and it will happen faster than anyone here would expect.
[/quote]

Would you like to give us your prediction of how soon this could happen?

pinksheep

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Activity: 196

Merit: 100

I would have thought this news would have bumped up the price a little already though? I guess it takes time for people to buy, but for those already involved with Bitcoin it seems logical to buy before some more "big players" get in the game.
[/quote]

I'm amazed that it has had no effect whatsoever on the price. Out of all the days I've watched the BTC price, this day seems to have had the least ever movement.

kireinaha

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Activity: 350

Merit: 253

Quote from: UnDerDoG81 on April 30, 2014, 12:34:05 PM

Quote from: pinksheep on April 30, 2014, 12:15:17 PM

Epic could be $5,000, $10,000, $50,000 etc

I wonder who will pay 50.000 for one single coin? BTC should now be tradet in mbtc to attract more people.

Who would pay $200,000 for a Berkshire Hathaway.A share? People do! And the beauty of bitcoin is... you don't even need to buy a full share.

It will hit $50,000, and it will happen faster than anyone here would expect.

YipYip

hero member

Activity: 574

Merit: 500

Quote from: Serge on April 30, 2014, 09:13:37 AM

this is a major milestone, bitcoin enters mainstream

Agreed

BitChick

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Quote from: UnDerDoG81 on April 30, 2014, 12:34:05 PM

Quote from: pinksheep on April 30, 2014, 12:15:17 PM

Epic could be $5,000, $10,000, $50,000 etc

I wonder who will pay 50.000 for one single coin? BTC should now be tradet in mbtc to attract more people.

I think it is only natural that it will come with time and the increase in price.

I would have thought this news would have bumped up the price a little already though? I guess it takes time for people to buy, but for those already involved with Bitcoin it seems logical to buy before some more "big players" get in the game.

Topic: Bloomberg's trading terminals now providing Bitcoin pricing (4/30/2014) (Read 1897 times)