Wall Street is getting ready to dive into Bitcoin?

Qoheleth

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Spurn wild goose chases. Seek that which endures.

Quote from: Luckybit on December 12, 2013, 11:35:55 AM

Bitcoin can be made stable using colored coin. So the problem will be whether or not Bitusd can be stable. BitUSD will be purchased instead of Bitcoin for people who want stability.

The problem with a USD colored coin is that it trades forex risk for counterparty risk. You have to really trust the issuer that they'll pay you your FRNs when you go to cash them out.

Of course, the exception is if it's the Reserve/Mint issuing the colored coin; in that case, there's no counterparty risk because your USD-colored coins are USD. But that seems like a bit much to hope for.

jeppe

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i think the price will go up until it becomes main stream (not in the near future though)

Luckybit

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Quote from: Paashaas on December 12, 2013, 09:16:44 AM

After reading some things about Bitcoin on the internet i watched this site about Wallstreet, who are prepairing to invest also into BTC.

I dont know if its 100% true but its logical that this will be there new ''upcomming market''. Guy's it might be a pandora's box opend with all new things created around the BTC.

2014 will be a good year for BTC, but the only thing im worried is the price, it will go skyrocket and down a lot of times, but this step from big investors is needed to make the price stable?

Buy coins while there still cheap atm Wink

http://www.entrepreneur.com/article/230346

Greetings Raymond.

Bitcoin can be made stable using colored coin. So the problem will be whether or not Bitusd can be stable. BitUSD will be purchased instead of Bitcoin for people who want stability.

ElectricMucus

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pump & dump

Paashaas

legendary

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After reading some things about Bitcoin on the internet i watched this site about Wallstreet, who are prepairing to invest also into BTC.

I dont know if its 100% true but its logical that this will be there new ''upcomming market''. Guy's it might be a pandora's box opend with all new things created around the BTC.

2014 will be a good year for BTC, but the only thing im worried is the price, it will go skyrocket and down a lot of times, but this step from big investors is needed to make the price stable?

Buy coins while there still cheap atm Wink

http://www.entrepreneur.com/article/230346

Greetings Raymond.

Topic: Wall Street is getting ready to dive into Bitcoin? (Read 1030 times)