Buying us stocks with Bitcoin | Bitcointalksearch.org

aces777

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Quote from: bitcoinsc on December 15, 2018, 12:48:52 AM

Would people buy us stocks with Bitcoin? The pump will happen if that's the case. Alot easier to buy with Bitcoin. Only if us markets accept Bitcoin.

I think it would be a lot of easier for people to buy stocks with bitcoin if it is approved but it is going to take a long time before they can actually do that since with bitcoin you can not be sure which of the people are investing and there would have to be a high level of kyc to be able to verify that people are who they are before they can buy with bitcoin

- ESPERS -

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I think the idea you are proposing is a good one and will make the bitcoin much more popular, thus creating a way to promote it. Until today, I bought bitcoin only with coins, but in the future it is not excluded that your idea will become a certainty.

raven7886

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Quote from: bitcoinsc on December 15, 2018, 12:48:52 AM

Would people buy us stocks with Bitcoin? The pump will happen if that's the case. Alot easier to buy with Bitcoin. Only if us markets accept Bitcoin.

There is an issue of ownership in that case. When you buy stocks from your bank or from some investment third party middleman you pay them to make sure YOU own those stocks that you paid. However when you use bitcoin you do not have an account somewhere or you do not share your personal information as much as you share with your bank.

I do not have any trouble sharing my moms maiden name with my bank but I do not prefer to do so when it comes to some new bitcoin stock thingy. Hence, it would create a challange to get those stocks under your own name if you pay with bitcoins. Moreover, it would be amazing if Banks finally manage to create their own crypto wallets and allow you to store your bitcoins with your bank like you do with your fiat and than you can spend your bitcoins to get stocks however you want.

sirohige

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It's not that easy, buying bitcoins using our current stocks still has a lot of problems, so you should be able to buy using other safer methods.

marksayson

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It can be possible if it has approve to be able to buy stocks with bitcoin coin. But if its not, we have no choice but to divert it to a compatible fund to be able to purchase us stocks.

Bitfling

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Quote from: bitcoinsc on December 15, 2018, 12:48:52 AM

Would people buy us stocks with Bitcoin? The pump will happen if that's the case. Alot easier to buy with Bitcoin. Only if us markets accept Bitcoin.

If bitcoin recognized as currency, i think it will be happen. But many government think bitcoin is a commodity and not a currency. Its true many merchant accept bitcoin but for buying stocks, i think it will need more time

Ini35

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Quote from: bitcoinsc on December 15, 2018, 12:48:52 AM

Would people buy us stocks with Bitcoin? The pump will happen if that's the case. Alot easier to buy with Bitcoin. Only if us markets accept Bitcoin.

This is an advantage to not just bitcoin alone, but also to cryptocurrency in general.
It is one of the mass adoptions we have been asking for.
In near future, there will be so many uses of cryptocurrency, such as in the purchase of goods, commodities, services in every day life.
Not only bitcoin will be used, but also other cryptocurrencies and of course, it gas started happening.

fathur01

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Quote from: EventChainNews on December 15, 2018, 06:17:18 AM

You should know the stock based on the actual value of the business and bitcoin is based only on the value of trust and no organization sponsors its price. So I think it's hard to buy stock with bitcoin.

It seems to me that buying shares with Bitcoins or any other cryptocurrency is not difficult, since cryptocurrencies and shares are tied to the dollar.

frchowe214

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Even if it were possible i wouldn't want to waste time on the US stock market, there is far more profits to be made in the crypto market. Those guys will be joining us, not the other way around!

bitcoinmar

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It is not appropriate, because the use of Bitcoin to buy the daily use of goods is rare. And Bitcoin is going to buy stocks that are unlikely to happen in the near future

bigcash2011

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It is not impossible as long as SEC allows it to happen but i have seen some off shore and forex related brokers that are already offering this service, so i think we are on the right path of adoption and btc will keep entering all the business and financial niches to become a globally accepted and compliant currency one day.

bob3772

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Quote from: jjjfff on December 16, 2018, 07:22:19 AM

Quote from: bob3772 on December 15, 2018, 06:32:08 AM

That would be the opposite of a good thing for BTC, unless people could also sell stocks for BTC. People buying stocks with BTC would mean BTC being sold and the effective price falling. I don't see why it's necessary but maybe this might happen with nasdaq listing BTC futures next year.

I disagree with this. Investors are the wealthiest class, Bitcoin would circulate, there'd be a new use case and regardless of the stock operation (buy or sell) Bitcoin would have been held in large amounts by investors.

The advantages would be many IMO.

Except why would they? If someone wants to go out and buy stocks then they do it with fiat, if they want bitcoin they do it with fiat. There's clearly not that much demand for people to buy stocks with BTC or BTC with stocks or it would already have been done.

dddudidd

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if cryptocurrency continues to grow, I'm sure everyone transacts using Bitcoin, the problem now is that the market continues to decline unexpectedly. that's why transactions using Bitcoin are starting to be rethought.

jjjfff

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Quote from: bob3772 on December 15, 2018, 06:32:08 AM

That would be the opposite of a good thing for BTC, unless people could also sell stocks for BTC. People buying stocks with BTC would mean BTC being sold and the effective price falling. I don't see why it's necessary but maybe this might happen with nasdaq listing BTC futures next year.

I disagree with this. Investors are the wealthiest class, Bitcoin would circulate, there'd be a new use case and regardless of the stock operation (buy or sell) Bitcoin would have been held in large amounts by investors.

The advantages would be many IMO.

ethereumhunter

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Quote from: bitcoinsc on December 15, 2018, 12:48:52 AM

Would people buy us stocks with Bitcoin? The pump will happen if that's the case. Alot easier to buy with Bitcoin. Only if us markets accept Bitcoin.

No, I don't want to buy stocks with bitcoin. I prefer to buy and sell bitcoin with fiat like what I did so far. But this could happen in the future if bitcoin is legally accepted in all country so people who trade stocks with fiat can also use bitcoin to buy stocks. Right now, I only purchase fiat with bitcoin, and as long as I can make a profit, I will still use this way. I think the pump will happen in every trade especially if there are big whales in each exchange but I don't believe that they can always play with the price because it still depends on supply and demand from the people.

eagleman

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Wait until all of those rumors about launching of exchange opens by 2019.

With regards to your idea, I think that will be possible in the future but that depends on the platform/broker that these traders are using and if they are okay with it.

yurez

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I have concerns that after the launch of futures on the NASDAQ, the bitcoin rate will drop dramatically, since even more investors will be in short positions.

bob3772

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That would be the opposite of a good thing for BTC, unless people could also sell stocks for BTC. People buying stocks with BTC would mean BTC being sold and the effective price falling. I don't see why it's necessary but maybe this might happen with nasdaq listing BTC futures next year.

Anchor867

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Yes this will bring a lit of people to buy more bitcoin due to the stocks and also not just crypto people will bought this but some stock person as well and if this happen it will contribute this a lot so lets just wait for it to happen

KOF97

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This is a new idea, but I think if you can use Bitcoin to buy stocks, then I think this will make Bitcoin more popular. And I am very willing to use Bitcoin like this.

Topic: Buying us stocks with Bitcoin (Read 238 times)