Topic: NYSE invests in bitcoin ecosystem (Read 4434 times)
An extremely important endorsement of bitcoin. It will interesting to watch it reverberate across the securities industry. I wonder who or what is next. I bet we will not have to wait long. If some orgs have not started, they will have to if purely to play defense against being marginalized.
Those guys are experts, man. They already made a lot of money with those kinds of investments. If you don't take a risk you can't make money. That's the way things go. And they see something in the Bitcoin startup companies! It reassures me, man!
I also think it's a very good thing to get a lot of FIAT into the actual backbone and infrastructure of Bitcoin and not only into the currency itself. Sure, it's tempting to see millions of USD flowing into BTC, but the ecosystem needs to sustain and justify the high prices, as well!
it is good if you know what you are doing and have good capital. Otherwise you might do bad stuff or get scammed and lose all your money.
For people that don't understand the technicals buy BTC might be better
Exactly it means people have faith in the big companies behind bitcoin (The companies help to give it value imo)
Bitcoin is not a religion (though it seems to be for a lot of folks around here).
So what, having faith is a valid word outside religious context. We have faith in Bitcoin in the sense of we think thinks will turn out good for it given evidence (aka, all other alternatives are crap and Bitcoin is the original and has all the network power effect).
Some people even have faith in "Technical" Analysis.
You better have faith in the bets you put because there is always a lot of luck involved. Pray some to St Satoshi.
I also think it's a very good thing to get a lot of FIAT into the actual backbone and infrastructure of Bitcoin and not only into the currency itself. Sure, it's tempting to see millions of USD flowing into BTC, but the ecosystem needs to sustain and justify the high prices, as well!
it is good if you know what you are doing and have good capital. Otherwise you might do bad stuff or get scammed and lose all your money.
For people that don't understand the technicals buy BTC might be better
Exactly it means people have faith in the big companies behind bitcoin (The companies help to give it value imo)
Bitcoin is not a religion (though it seems to be for a lot of folks around here).
There are always die-hard fanatics... It doesn't matter what topic. People can be fanatics about sport, music, cars, watches, military, wine, and also currency or technology. It's not a Bitcoin-specific thing, really...
I also think it's a very good thing to get a lot of FIAT into the actual backbone and infrastructure of Bitcoin and not only into the currency itself. Sure, it's tempting to see millions of USD flowing into BTC, but the ecosystem needs to sustain and justify the high prices, as well!
it is good if you know what you are doing and have good capital. Otherwise you might do bad stuff or get scammed and lose all your money.
For people that don't understand the technicals buy BTC might be better
Exactly it means people have faith in the big companies behind bitcoin (The companies help to give it value imo)
Bitcoin is not a religion (though it seems to be for a lot of folks around here).
So what, having faith is a valid word outside religious context. We have faith in Bitcoin in the sense of we think thinks will turn out good for it given evidence (aka, all other alternatives are crap and Bitcoin is the original and has all the network power effect).
Some people even have faith in "Technical" Analysis.
I also think it's a very good thing to get a lot of FIAT into the actual backbone and infrastructure of Bitcoin and not only into the currency itself. Sure, it's tempting to see millions of USD flowing into BTC, but the ecosystem needs to sustain and justify the high prices, as well!
it is good if you know what you are doing and have good capital. Otherwise you might do bad stuff or get scammed and lose all your money.
For people that don't understand the technicals buy BTC might be better
Exactly it means people have faith in the big companies behind bitcoin (The companies help to give it value imo)
Bitcoin is not a religion (though it seems to be for a lot of folks around here).
So what, having faith is a valid word outside religious context. We have faith in Bitcoin in the sense of we think thinks will turn out good for it given evidence (aka, all other alternatives are crap and Bitcoin is the original and has all the network power effect).
I also think it's a very good thing to get a lot of FIAT into the actual backbone and infrastructure of Bitcoin and not only into the currency itself. Sure, it's tempting to see millions of USD flowing into BTC, but the ecosystem needs to sustain and justify the high prices, as well!
it is good if you know what you are doing and have good capital. Otherwise you might do bad stuff or get scammed and lose all your money.
For people that don't understand the technicals buy BTC might be better
Exactly it means people have faith in the big companies behind bitcoin (The companies help to give it value imo)
Bitcoin is not a religion (though it seems to be for a lot of folks around here).
I also think it's a very good thing to get a lot of FIAT into the actual backbone and infrastructure of Bitcoin and not only into the currency itself. Sure, it's tempting to see millions of USD flowing into BTC, but the ecosystem needs to sustain and justify the high prices, as well!
it is good if you know what you are doing and have good capital. Otherwise you might do bad stuff or get scammed and lose all your money.
For people that don't understand the technicals buy BTC might be better
Exactly it means people have faith in the big companies behind bitcoin (The companies help to give it value imo)
I also think it's a very good thing to get a lot of FIAT into the actual backbone and infrastructure of Bitcoin and not only into the currency itself. Sure, it's tempting to see millions of USD flowing into BTC, but the ecosystem needs to sustain and justify the high prices, as well!
it is good if you know what you are doing and have good capital. Otherwise you might do bad stuff or get scammed and lose all your money.
For people that don't understand the technicals buy BTC might be better
I also think it's a very good thing to get a lot of FIAT into the actual backbone and infrastructure of Bitcoin and not only into the currency itself. Sure, it's tempting to see millions of USD flowing into BTC, but the ecosystem needs to sustain and justify the high prices, as well!
I hope this thread is right. I've got a few btc that I would sell off if the price goes high again. However, if they prices stays the same or drops, I'll just HODL till the ground.
It shows how much Bitcoin has already become 'a thing' where the big money is! They know about it, and a lot of people are very eager and willing to put some money in, at least 'pocket money'. And if you know who those people are, you know 'pocket money' isn't what pocket money is for us people! 
Is it even more exciting when you write it in bold?
Major news, getting very exited about it!
But impressive as it is, Wall Street's sudden desire to invest in Bitcoin is only one sign of bigger things to come for Bitcoin in 2015...
They must see tremendous potential in Bitcoin to dump millions of dollars into cryptocurrency startups. And now traditional investors are seeing that potential, too.
The number of merchants accepting Bitcoin exploded from 36,000 to 82,000. The number of Bitcoin wallets more than doubled from 3.19 million to 7.95 million. Bitcoin ATMs went from just four to 341.
"In the beginning, you get these wild speculative types, then slowly the numbers get bigger, then the suits move in," Glocer, the former Thomson Reuters CEO, told The Wall Street Journal . "And you wake up one day and it's a billion-dollar business."
Read more: http://www.nasdaq.com/article/big-wall-street-players-investing-in-bitcoin-startup-cm435611#ixzz3PedXhpAG
2015 will be so awsome, buy youre extra (full) coins now before waking up somewhere in this year and its all gone with this uber cheap coins.
But impressive as it is, Wall Street's sudden desire to invest in Bitcoin is only one sign of bigger things to come for Bitcoin in 2015...
They must see tremendous potential in Bitcoin to dump millions of dollars into cryptocurrency startups. And now traditional investors are seeing that potential, too.
The number of merchants accepting Bitcoin exploded from 36,000 to 82,000. The number of Bitcoin wallets more than doubled from 3.19 million to 7.95 million. Bitcoin ATMs went from just four to 341.
"In the beginning, you get these wild speculative types, then slowly the numbers get bigger, then the suits move in," Glocer, the former Thomson Reuters CEO, told The Wall Street Journal . "And you wake up one day and it's a billion-dollar business."
Read more: http://www.nasdaq.com/article/big-wall-street-players-investing-in-bitcoin-startup-cm435611#ixzz3PedXhpAG
2015 will be so awsome, buy youre extra (full) coins now before waking up somewhere in this year and its all gone with this uber cheap coins.
This is some of the best Bitcoin news in history, and the market will react eventually. 
The converse (the market won't react instantly) is also equally valid in the wonderful abstracted world of Bitcoin.
Capitulation is still too close for the market to react immediately, but for sure this will eventually play a part in a future rise.
First NYSE has stake in a Bitcoin company, now the Winklevii bringing a fully regulated, compliant exchange for both Institutions and Individual alike:
https://blog.gemini.com/welcome-to-gemini/
Time to buckle up gents. It's going to be a very good 2015. Bounce back year from the downward slope that was 2014.
https://blog.gemini.com/welcome-to-gemini/
Time to buckle up gents. It's going to be a very good 2015. Bounce back year from the downward slope that was 2014.
This is some of the best Bitcoin news in history, and the market will react eventually.
The converse (the market won't react instantly) is also equally valid in the wonderful abstracted world of Bitcoin.
This is some of the best Bitcoin news in history, and the market will react eventually.
PayPal works regardless of USD price, so knowing that USD is going to tank should not dissuade me from investing in PayPal.
Coinbase works regardless of BTC price, so knowing that BTC is going to tank should not dissuade me from investing in Coinbase.
Did this help?
Coinbase works regardless of BTC price, so knowing that BTC is going to tank should not dissuade me from investing in Coinbase.
Did this help?
What is it about "investing in PayPal is not investing in USD" that you find so difficult to grasp?
Investing in Paypal is investing in the potential profit to be made in USD remittance
Investing in Coinbase is investing in the potential profit to be made in BTC remittance
I can see the case for both. I can see the risks in both. Probably I'm not your target audience though.
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