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Topic: Nasdaq to Provide Trading Technology for Bitcoin Marketplace (Read 1889 times)

uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
http://www.bloomberg.com/news/articles/2015-03-24/bitcoin-getting-serious-as-nasdaq-nyse-step-into-digital-craze

Quote
“It is a vote of confidence in bitcoin the technology,” Nicholas Colas, chief market strategist at Convergex Group, said in an interview. “Now that you are seeing big organizations providing technology, there’s a feeling that bitcoin is here to stay.”


i really think this is excellent news.


excellent enough to drop the price anyway...

This news will be excellent if there is something behind it, and these are not just words.
If there is some serious development coming, then the price will reflect that sooner or later. For now it is just another news, without much impact on the price.
hero member
Activity: 728
Merit: 500
http://www.bloomberg.com/news/articles/2015-03-24/bitcoin-getting-serious-as-nasdaq-nyse-step-into-digital-craze

Quote
“It is a vote of confidence in bitcoin the technology,” Nicholas Colas, chief market strategist at Convergex Group, said in an interview. “Now that you are seeing big organizations providing technology, there’s a feeling that bitcoin is here to stay.”


i really think this is excellent news.


excellent enough to drop the price anyway...

 

As it happned so often lately. Good news around, price makes a drop. In the long run it just can go up!

There's still money to be made shorting BTC - but that market won't last forever.  After that, there's plenty of money to be made going the other direction.
legendary
Activity: 1442
Merit: 1016
http://www.bloomberg.com/news/articles/2015-03-24/bitcoin-getting-serious-as-nasdaq-nyse-step-into-digital-craze

Quote
“It is a vote of confidence in bitcoin the technology,” Nicholas Colas, chief market strategist at Convergex Group, said in an interview. “Now that you are seeing big organizations providing technology, there’s a feeling that bitcoin is here to stay.”


i really think this is excellent news.


excellent enough to drop the price anyway...

 

As it happned so often lately. Good news around, price makes a drop. In the long run it just can go up!
legendary
Activity: 2338
Merit: 2106
http://www.bloomberg.com/news/articles/2015-03-24/bitcoin-getting-serious-as-nasdaq-nyse-step-into-digital-craze

Quote
“It is a vote of confidence in bitcoin the technology,” Nicholas Colas, chief market strategist at Convergex Group, said in an interview. “Now that you are seeing big organizations providing technology, there’s a feeling that bitcoin is here to stay.”


i really think this is excellent news.


excellent enough to drop the price anyway...

 
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
legendary
Activity: 889
Merit: 1013
These guys see bitcoin as more than a shorting opportunity.
copper member
Activity: 2394
Merit: 539
DGbet.fun - Crypto Sportsbook
the price should raising back to $380
sr. member
Activity: 392
Merit: 250


Thank you for your courage.

legendary
Activity: 1372
Merit: 1000
--------------->¿?
A market buy for the ad's cost would have a greater impact than flashing some words that won't be read by anyone other than bitcoiners reading reddit.

Just let me say:  Roll Eyes
sr. member
Activity: 392
Merit: 250
A market buy for the ad's cost would have a greater impact than flashing some words that won't be read by anyone other than bitcoiners reading reddit.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
Show of hands, Noble Markets traders?

This was a purchased ad.

Purchased or not it's good exposure for sure.
sr. member
Activity: 392
Merit: 250
Show of hands, Noble Markets traders?

This was a purchased ad.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
sr. member
Activity: 392
Merit: 250
How is this not really good news though?

Isn't this the news people have been waiting for for years?

No, Noble Markets has purchased trading software from Nasdaq. This has nothing to do with the Nasdaq exchange. PR release by a company with no track record and no customers.
legendary
Activity: 1106
Merit: 1005
nasdaq & nyse producing lots of positive btc news lately. nobody would have believed that to happen just two years ago.
just hoping the price follows
Price will follow, when there will be something ready, or about to be released. For now it is just another positive news, yet without impact on the current price. But that is going exactly in the direction of the 'positive fundamental developments' Bitcoin needs.

at this stage traders don't react on good news anymore unless it's really good news.
i think people want to see the effect of this before getting excited.

How is this not really good news though?

Isn't this the news people have been waiting for for years?
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
People are afraid that they may be shorting Bitcoin down first or put a tight grip onto the price. But Bitcoin, which has a limited amount of tradable units, won't let that happen, I believe.
people make rumours of any single news, even if there is very little substance. That is very typical for the purely speculative markets, and that is where we are now with Bitcoin. 
sr. member
Activity: 350
Merit: 250
Honest 80s business!
People are afraid that they may be shorting Bitcoin down first or put a tight grip onto the price. But Bitcoin, which has a limited amount of tradable units, won't let that happen, I believe.
legendary
Activity: 896
Merit: 1000
nasdaq & nyse producing lots of positive btc news lately. nobody would have believed that to happen just two years ago.
just hoping the price follows
Price will follow, when there will be something ready, or about to be released. For now it is just another positive news, yet without impact on the current price. But that is going exactly in the direction of the 'positive fundamental developments' Bitcoin needs.

at this stage traders don't react on good news anymore unless it's really good news.
i think people want to see the effect of this before getting excited.
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
nasdaq & nyse producing lots of positive btc news lately. nobody would have believed that to happen just two years ago.
just hoping the price follows
Price will follow, when there will be something ready, or about to be released. For now it is just another positive news, yet without impact on the current price. But that is going exactly in the direction of the 'positive fundamental developments' Bitcoin needs.
POM
sr. member
Activity: 547
Merit: 254
nasdaq & nyse producing lots of positive btc news lately. nobody would have believed that to happen just two years ago.
just hoping the price follows
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