[BREAKING NEWS]: Bitcoin on Front Page of Wall Street Journal

Amph

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Quote from: Kprawn on June 07, 2017, 11:25:45 AM

They are too damn focus on the price and the profits and not worried about the added bonus they receive when they own their own financial freedom

for the first time, when they invest in this technology. No central authority can close your account or withdraw money from your account. You the owner

of these bitcoins have full control over your finances. The media only focus on Bitcoin when the price hit record levels. Roll Eyes

well the price is what will drive the adoption, you see now when the price is very high, there is more talk about bitcoin

more talk equal to more people buying in and so on, the price is important to help bitcoin grow, it's not just a number that tell you how much one bitcoin is worth

it's an important aspect like the block reward the block limit etc.. it's a part of bitcoin

carlfebz2

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Quote from: Kprawn on June 07, 2017, 11:25:45 AM

They are too damn focus on the price and the profits and not worried about the added bonus they receive when they own their own financial freedom

for the first time, when they invest in this technology. No central authority can close your account or withdraw money from your account. You the owner

of these bitcoins have full control over your finances. The media only focus on Bitcoin when the price hit record levels. Roll Eyes

As usual we know one this above world people or media only gets news on which they are being caught by their interest which is commonly highest prices,value etc. and this thing is just happening on bitcoin and you are right they are only focusing on its price but not on its benefits and usage.

pooya87

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Quote from: Hutalar on June 07, 2017, 07:24:11 PM

That is a great breaking news because if it will happen then it is sure that the price of bitcoin will boost up and I think the price just tomorrow will start to increase to $3500 within a day. As many people will know about it and the demand of it will increase more and more.

first of all the people reading WSJ already know about bitcoin and most probably have invested in it a long time ago before you and i did.
secondly WSJ has been writing about bitcoin for a very long time, i don't follow it to see if they ever posted anything on the front page but you can find a lot of articles from them about bitcoin.

Quote from: RodeoX on June 07, 2017, 01:54:48 PM

Quote from: Scorpion on June 07, 2017, 01:45:14 PM

Quote from: Kprawn on June 07, 2017, 11:25:45 AM

They are too damn focus on the price and the profits and not worried about the added bonus they receive when they own their own financial freedom

for the first time, when they invest in this technology. No central authority can close your account or withdraw money from your account. You the owner

of these bitcoins have full control over your finances. The media only focus on Bitcoin when the price hit record levels. Roll Eyes

Perfectly summed up right here.

I was going to quote the same thing. So I'll just second your comments.
The price of bitcoin is not the big deal. Bitcoin is a breakthrough in financial freedom unlike anything else.
Screw the price, I only care about the features of bitcoin that make it MY MONEY.

hear, hear!

Sir Paijoe

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When prices bitcoin skyrocket, certainly a lot of media that will preach the bitcoin, a few days ago in my country television broadcast also discussed about the bitcoin, I noted and looks to finish a lot of active audience (from twitter hastag).

Yakamoto

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Quote from: Hutalar on June 07, 2017, 07:24:11 PM

That is a great breaking news because if it will happen then it is sure that the price of bitcoin will boost up and I think the price just tomorrow will start to increase to $3500 within a day. As many people will know about it and the demand of it will increase more and more.

Shit, now that is some delusion if I have ever seen it on this forum.

God damn why did we have to see that rocket yesterday, now everyone is going to be deluded into massive value rises happening on a whim.

There will be no rocket to $3500 tomorrow, you'll be lucky to see it break $2800 at best. There will be stagnation. Bitcoin is down 4.25% to the 24-hour average right now. The demand grew because Japan actually did something with their government related to Bitcoin, not because of the WSJ. If it meant more we would see a significant impact on the value.

Holy fuck this forum is getting bad for my mental health.

Hutalar

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That is a great breaking news because if it will happen then it is sure that the price of bitcoin will boost up and I think the price just tomorrow will start to increase to $3500 within a day. As many people will know about it and the demand of it will increase more and more.

Siren

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Bitcoin has been hugging in the limelight as of lately. At least it has now gathered some exposure, especially mainstream media. But what I'm afraid of is that it has become some sort of a wealthy park. That's is why we are seeing the price gaining much because of the wealthy accumulating it and becoming bagholders. As GreenBits has pointed out, can the price be sustainable? or It is going to crash again because the wealthy is playing and manipulating the price at the background?

GreenBits

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Quote from: Nagadota on June 07, 2017, 11:20:56 AM

Sort of.

"A broad swath of asset prices has surged in recent weeks, extending a strong 2017 for stocks, bonds, gold and bitcoin".

I would call this maturity. If there was a big front page about Bitcoin I'd actually be worried, because it implies that there's a bubble going on as there would be too much hype and temporary exposure which could be prone to a crash.

When something like this happens it suggests a slow mainstream acceptance as cryptocurrencies continue to soar.

Yezzir. While I'm always happy to see btc getting positive press, I really hope we don't get another investment boom that results in a collapse, like every other time bitcoin makes the news. It's like a signal for the whales to take massive profit and initiate a bear market. I can't believe the charts I have been looking at lately are sustainable. Major exposure at a time like this, might not actually be 100% good news Sad

Let's pray the price keeps going north people, but plan accordingly.

aoluain

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Quote from: RodeoX on June 07, 2017, 01:54:48 PM

Quote from: Scorpion on June 07, 2017, 01:45:14 PM

Quote from: Kprawn on June 07, 2017, 11:25:45 AM

They are too damn focus on the price and the profits and not worried about the added bonus they receive when they own their own financial freedom

for the first time, when they invest in this technology. No central authority can close your account or withdraw money from your account. You the owner

of these bitcoins have full control over your finances. The media only focus on Bitcoin when the price hit record levels. Roll Eyes

Perfectly summed up right here.

I was going to quote the same thing. So I'll just second your comments.
The price of bitcoin is not the big deal. Bitcoin is a breakthrough in financial freedom unlike anything else.
Screw the price, I only care about the features of bitcoin that make it MY MONEY.

its great to own coins . . . what do we do with them if BTC doesnt reach mass adoption?
trade among ourselves and create our own price fluctuations so we can buy low and sell high
like our own private game, or do we want to be able to buy bread in the corner store with it?

I know they are two extremes but unless more people get into this for whatever reason and
traders, shops, sellers, markets start widespread acceptance of BTC payments it will only ever
be seen as a tradable "commodity"

and there are a lot of milestones yet to be passed I know for BTC but I wouldnt be knocking the
interest from any parties looking to get into this

HaXX0R1337

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Quote from: Kprawn on June 07, 2017, 11:25:45 AM

The media only focus on Bitcoin when the price hit record levels. Roll Eyes

That is the fact,these sort of media sensations will happen only when the price of bitcoin hits record levels and these wall street individuals are more looking at the financial and monetary gains than the technology behind the entire thing and i think one of the main reason for the current price rise is because we are seeing huge investments from these financial institutions.

MostHigh

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This is great for publicity which interm will improve transaction hence promote bitcoin. Great news

FiiNALiZE

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Quote from: skorupi17 on June 07, 2017, 02:17:43 PM

Another publicity of bitcoin and surely this is a great news. Just like other say, "any type of publicity is a good publicity" so growth of bitcoin is highly inevitable. At one point or another, we will see more people getting engaged in bitcoin and more and more people will utilize bitcoin and be included in bitcoin community across the globe.

Yeah, this feature should be a nice promotion for Bitcoin since the price of it is going up. I think that the people that posted this on the Wall Street Journal is pro Bitcoin so the price of Bitcoin may not have a negative impact from it.

It’s one thing linking Bitcoin to Ransonware and other bad things out there though Bitcoin been around for more than 7 years so I am not sure how they want to tackle that point.

deisik

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Quote from: Kprawn on June 07, 2017, 11:25:45 AM

They are too damn focus on the price and the profits and not worried about the added bonus they receive when they own their own financial freedom

Obviously, they simply don't need that

How come? As simple, because they are the financial freedom itself. If someone has stolen it from you (by means of fiat or otherwise), they are the ones who did it, so they don't need to care about this added bonus (it is a bonus only for us, generic folks). They already have it, and they won't give it back. What's more, they will be happy to confiscate the freedom that Bitcoin offers as well. Whether they will succeed or fail is another question but they will certainly try to steal this new financial freedom once again

skorupi17

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Another publicity of bitcoin and surely this is a great news. Just like other say, "any type of publicity is a good publicity" so growth of bitcoin is highly inevitable. At one point or another, we will see more people getting engaged in bitcoin and more and more people will utilize bitcoin and be included in bitcoin community across the globe.

RodeoX

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The revolution will be monetized!

Quote from: Scorpion on June 07, 2017, 01:45:14 PM

Quote from: Kprawn on June 07, 2017, 11:25:45 AM

They are too damn focus on the price and the profits and not worried about the added bonus they receive when they own their own financial freedom

for the first time, when they invest in this technology. No central authority can close your account or withdraw money from your account. You the owner

of these bitcoins have full control over your finances. The media only focus on Bitcoin when the price hit record levels. Roll Eyes

Perfectly summed up right here.

I was going to quote the same thing. So I'll just second your comments.
The price of bitcoin is not the big deal. Bitcoin is a breakthrough in financial freedom unlike anything else.
Screw the price, I only care about the features of bitcoin that make it MY MONEY.

TGJJ

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Being frontpage news of the Wall Street Journal is pretty big.

Might help get some large institutional investor to take a big public position in btc.

Given the negativity surroudning active fund management the past few years, I'd expect this to happen sooner rather than later

Scorpion

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Bitcoin OG

Quote from: Kprawn on June 07, 2017, 11:25:45 AM

They are too damn focus on the price and the profits and not worried about the added bonus they receive when they own their own financial freedom

for the first time, when they invest in this technology. No central authority can close your account or withdraw money from your account. You the owner

of these bitcoins have full control over your finances. The media only focus on Bitcoin when the price hit record levels. Roll Eyes

Perfectly summed up right here.

Golftech

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the near fact that bitcoin already gather attention would be the best start for more people to engage with this investment i seen most of us wanted to read this news too and also our interest came in so we will be able to see what would be the possible outcome, lets wait and read it by our self and make our own assessment.

ImHash

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In other words you were all waiting for government's medias to promote bitcoin to believe in it? though it doesn't matter if the whole world see bitcoin for what it is and decides to invest in any way possible, things are getting out of hands, there is no fix or any well planned fix for the issues of bitcoin.
There is a chaos which it was there the whole time but now is showing itself by escalating. when I think about it I see that more people get to know about bitcoin and join the community then our chances of getting cheaper coins diminishes exponentially Sad

elite3000

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Good.

Do you know when the edition will come online, so we can verify by ourselves what they said and everything w

Topic: [BREAKING NEWS]: Bitcoin on Front Page of Wall Street Journal (Read 1337 times)