Pages:
Author

Topic: Crypto currencies are traded on stock exchanges. (Read 225 times)

member
Activity: 280
Merit: 10
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?

It is better if you have link because i am confused if the crypto currencies can really merge with the stock exchanges but if this is true then will become a success then this will be a good development in favor of Crypto because the crypto currencies investments in this nation will become more popular in which is much needed to trigger the bullish run.

I think they are slowly adapting right now. But still not fully integrated. Opening some market is good for cryptocurrency market, another  avenue for trading and more people will be exposed to this market which means higher capitalization is expected.
It is possible that transaction on the transaction will be the new method applied to modern technology today. Extremely profitable and extremely profitable growth is possible. Whether it is stock or electronic money it is still the profit that people impose it to have great results.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
This sort of 'news', if you even want to call it that, has come up time and time again with nothing actually going live. I'll believe it when I see it on the stock exchange bitcoin / crypto related stuff. Last thing I read showed that the SEC kept kicking the can on making the decision relating to crypto.I found this on the subject, unknown on the realiability of the source but it's something nonetheless - https://cryptoslate.com/cboe-seeks-sec-approval-for-bitcoin-etf/

Nasdaq is planning to launch cryptocurrencies in their exchange this year which is most likely to happen this year
Not true.

The problem is that they don't enable actual fiat to crypto trades like how we are used to trade on our current crypto exchanges. I'm not sure when they plan to enable actual trades, but at least it's better than nothing.

It will help legitimizing crypto more effectively amongst high level investors and institutions. Every attempt to do that is a gigantic boost for everyone in this industry. This is what we have been aiming for to achieve.

Bitcoin was frequently called a fraud and a ponzi scheme years ago, but this fraud and ponzi scheme is forcing itself deep into the core of the legacy economy, and it's just the beginning. Keep hodling your Bitcoins firmly.

But is that really what we want? To have more people investing in bitcoin for gain rather then using it as a currency?

You can't just flip and switch and have the infrastructure to have a crypto exchange. It takes a long time to build this out, so I would expect you hear an awful lot about it before anything actually happens, and probably for a long time while they're building it.

Quote
But is that really what we want? To have more people investing in bitcoin for gain rather then using it as a currency?

Lol, crypto investors only pay lip service to using it as a currency. The only thing 90% of the people who bought it care about is the price, and they don't care if it's going up because it's being used as a currency or not.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?
Yes. From wikipedia says:
The Swiss SIX Exchange (formerly the Swiss SWX Stock Exchange) is a Swiss stock exchange located in Zürich. Exchanges are also traded in other securities such as government bonds and derivatives such as stock options. The main stock index of the Swiss SIX Stock Exchange is the SMI (Swiss Market Index). This index consists of 20 most important stocks based on free floating market capitalization.
The SIX Exchange was the world's first stock exchange to use a fully automated trading, clearing and completion system in 1995. The SIX Exchange is managed by an association of 55 banks, each of which .has a balanced right in stock management and supervision.


 True or not it is a great idea for Crypto currency be traded into stock exchange. For me i will wait further for more confirmation of  the above Topic. I would say, it will be a welcome development for Crypto coins entering the Stock Market. good luck
newbie
Activity: 30
Merit: 0
Very good. It signifies that cryptocurrency is increasingly in demand by many people in the world.
full member
Activity: 854
Merit: 140
And what cryptocurrencies will be traded there? I'm sure it will be another futures exchange traded backed for OTC market like other trading companies which launched bitcoin and ethereum based contract to trade bitcoin with margin trading leverage. Haven't heard the rumor about NASDAQ listing cryptocurrencies but i'm sure NASDAQ composite was listed based only on stocks and not cryptocurrencies since regulation about crypto hasn't been finalized or even heard in a while.  Roll Eyes Roll Eyes
full member
Activity: 1148
Merit: 158
★Bitvest.io★ Play Plinko or Invest!
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?
Yes. From wikipedia says:
The Swiss SIX Exchange (formerly the Swiss SWX Stock Exchange) is a Swiss stock exchange located in Zürich. Exchanges are also traded in other securities such as government bonds and derivatives such as stock options. The main stock index of the Swiss SIX Stock Exchange is the SMI (Swiss Market Index). This index consists of 20 most important stocks based on free floating market capitalization.
The SIX Exchange was the world's first stock exchange to use a fully automated trading, clearing and completion system in 1995. The SIX Exchange is managed by an association of 55 banks, each of which has a balanced right in stock management and supervision.


Sorry, but what cryptos are being traded? It's better also to provide link so everyone will enlighten to this. I know that there's a coin that is backed by forex but not actually trading in stock exchanges. Well I don't see anything wrong with this as it can actually make cryptos be more established and it will be a big leap for us.
full member
Activity: 966
Merit: 153
I got the better part of the news here; https://www.google.com.ng/amp/amp.timeinc.net/fortune/2018/07/06/swiss-stock-exchange-cryptocurrencies   And they are right, it will be the first of it kind. Well, this project will show us that indeed cryptocurrency is moving into many establishment. And I guess, the stock exchange are realizing that few people are now investing in stock since the arrival of cryptos.
hero member
Activity: 1414
Merit: 505
Backed.Finance
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?

It is better if you have link because i am confused if the crypto currencies can really merge with the stock exchanges but if this is true then will become a success then this will be a good development in favor of Crypto because the crypto currencies investments in this nation will become more popular in which is much needed to trigger the bullish run.

I think they are slowly adapting right now. But still not fully integrated. Opening some market is good for cryptocurrency market, another  avenue for trading and more people will be exposed to this market which means higher capitalization is expected.
full member
Activity: 630
Merit: 103
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?

It is better if you have link because i am confused if the crypto currencies can really merge with the stock exchanges but if this is true then will become a success then this will be a good development in favor of Crypto because the crypto currencies investments in this nation will become more popular in which is much needed to trigger the bullish run.
member
Activity: 840
Merit: 10
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?

Cryptocurrency getting more attention from big institution and market. NYSE is one of biggest market in the world and have big daily transaction volume and SIX stock exchange is trusted market in europe. Combination both market will make cryptocurrency market cap will growing bigger and I am more optimistic on this market
sr. member
Activity: 490
Merit: 251
Make winning bets on sports with Sportsbet.io!
This sort of 'news', if you even want to call it that, has come up time and time again with nothing actually going live. I'll believe it when I see it on the stock exchange bitcoin / crypto related stuff. Last thing I read showed that the SEC kept kicking the can on making the decision relating to crypto.I found this on the subject, unknown on the realiability of the source but it's something nonetheless - https://cryptoslate.com/cboe-seeks-sec-approval-for-bitcoin-etf/

Nasdaq is planning to launch cryptocurrencies in their exchange this year which is most likely to happen this year
Not true.

The problem is that they don't enable actual fiat to crypto trades like how we are used to trade on our current crypto exchanges. I'm not sure when they plan to enable actual trades, but at least it's better than nothing.

It will help legitimizing crypto more effectively amongst high level investors and institutions. Every attempt to do that is a gigantic boost for everyone in this industry. This is what we have been aiming for to achieve.

Bitcoin was frequently called a fraud and a ponzi scheme years ago, but this fraud and ponzi scheme is forcing itself deep into the core of the legacy economy, and it's just the beginning. Keep hodling your Bitcoins firmly.

But is that really what we want? To have more people investing in bitcoin for gain rather then using it as a currency?
full member
Activity: 434
Merit: 108
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?

This is very good news, which can really raise bitcoin to a new level. First, the price of bitcoin will grow, and secondly, this step will show many investors that bitcoins can be trusted and it is worth investing money.
member
Activity: 434
Merit: 13
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?
Yes. From wikipedia says:
The Swiss SIX Exchange (formerly the Swiss SWX Stock Exchange) is a Swiss stock exchange located in Zürich. Exchanges are also traded in other securities such as government bonds and derivatives such as stock options. The main stock index of the Swiss SIX Stock Exchange is the SMI (Swiss Market Index). This index consists of 20 most important stocks based on free floating market capitalization.
The SIX Exchange was the world's first stock exchange to use a fully automated trading, clearing and completion system in 1995. The SIX Exchange is managed by an association of 55 banks, each of which has a balanced right in stock management and supervision.
newbie
Activity: 56
Merit: 0
WoW, that's interesting if it's true! Wink What about ICO investment? Who's investing july-august? Personally I prefer this particular project - https://medium.com/@kelvinchain/the-post-quantum-era-of-blockchain-todays-solutions-for-the-world-of-tomorrow-16bdd970f49a  Smiley
member
Activity: 162
Merit: 10
If crypto-currencies could be traded on traditional stock exchanges, it would be a great thing for BTC and altcoin. At least the government has acknowledged the existence of encryption.
newbie
Activity: 66
Merit: 0
I think that this is very good news and I hope that soon we will see an increase in the capitalization of the crypto currency market.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?
Where did you get that created story?do you have some proofs about this one?or another hearsay caming crom other thread and you formed here just to make valuable conclusions from us?

This is far from reality and im sure this will burn before having decided
member
Activity: 546
Merit: 10
The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?
Is there any link or related article about your post sir? I think it should be verified yet before we express our thoughts. However, I don't know what implications it will bring if ever cryptocurrency market accepts stock exchange. But I assure that this swiss exchange will not make an innovated exchange without knowing the consequence.
newbie
Activity: 168
Merit: 0
Exchanges in many countries are planning cryptocurrency transactions!
A long time ago, it was revealed that Nasdaq would consider becoming a digital cryptocurrency exchange in the future!
No one knows the specific time!
sr. member
Activity: 1400
Merit: 269
Crypto currency is a good addition to stock market because most stock currencies are stagnant unlike the volatile crypto currency that have insane uptrend and bear trend but that enables traders to make money. Instead waiting for a stock to rise for a hundred years. But i hope this rumor is true it would be a positive feedback for crypto's.
Pages:
Jump to: