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Topic: It's over for the shills and bears - BTC market cap about to explode - page 6. (Read 6485 times)

legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
The epic(est) of roflcopters... You just look so desperate. Are you by any chance a BcX sock? You and her share a similar "passion" for Bitcoin and a fear of any opposing viewpoints.
legendary
Activity: 1260
Merit: 1000
Through looking at multiple unrelated stories, I just noticed Barclays seems to be leaving the gold market while likely using Bitcoin in it's place:

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Barclays, the British banking giant is not new to digital currency and blockchain technology. The bank, known to encourage and work with innovative technologies has taken another step in that direction by announcing its recent partnership with Circle
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The money being transferred over Circle will first be converted into bitcoin and transferred over the bitcoin blockchain.

http://www.newsbtc.com/2016/04/06/barclays-bitcoin-circle/


Not sure if the quote below is correct, but if true, it's a pretty shockingly high number of transaction volume they were pushing with gold in that neighborhood, of which, it now seems like Barclays will be directing a monsoon of money at BTC, which currently only has a $7 billion market cap:

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About $5 trillion of transactions are cleared every year in London’s gold market, which Barclays is exiting as it pulls out of precious metals.

http://www.zerohedge.com/news/2016-05-16/chinas-largest-bank-quietly-cornering-market-london-physical-gold

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