Bitcoin Forum

Economy => Speculation => Topic started by: Raystonn on June 25, 2014, 07:57:33 PM



Title: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: Raystonn on June 25, 2014, 07:57:33 PM
http://nypost.com/2014/06/25/its-david-vs-goliath-in-race-to-launch-nys-first-regulated-bitcoin-exchange/


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: 600watt on June 25, 2014, 08:23:56 PM
http://nypost.com/2014/06/25/its-david-vs-goliath-in-race-to-launch-nys-first-regulated-bitcoin-exchange/



would give those stubborn critics something to think about  ;)


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: Dragonkiller on June 25, 2014, 08:35:45 PM
I think the nypost has proved its lack of credibility in the past  ???


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: MatTheCat on June 25, 2014, 08:51:01 PM
I think the nypost has proved its lack of credibility in the past  ???

Yeah...

According to the article the Winklevoss ETF is the world's first ever Bitcoin exchange traded fund and is listed on the Nasdaq. Really?


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: bananaControl on June 25, 2014, 10:06:54 PM
I think the nypost has proved its lack of credibility in the past  ???

Yeah...

According to the article the Winklevoss ETF is the world's first ever Bitcoin exchange traded fund and is listed on the Nasdaq. Really?

One has to wonder what else in that article is wrong >:(


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: TERA on June 25, 2014, 10:10:40 PM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: bananaControl on June 25, 2014, 10:18:11 PM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?

The article is speculating whether Nasdaq will be an actual exchange for bitcoins. But it also states that Nasdaq is already trading the Winklevoss ETF's, so....

Quote
Nasdaq, the stock exchange known for its high-tech stocks, and Marc Andreessen, the venture capitalist who co-founded Netscape, could soon be squaring off in a battle to become New York’s first regulated exchange of the digital currency, sources told The Post.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: TERA on June 25, 2014, 10:19:57 PM
What is the purpose of articles where 'the author speculates something could occur based on news from 2 months ago"?  I already have the information and I can do my own speculation. I don't need to speculate based on other people's speculations and create a double speculation loop.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: bananaControl on June 25, 2014, 10:22:50 PM
I think it's called a tabloid.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: windjc on June 25, 2014, 10:50:40 PM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?

Well the fact that the article says that the regulations should be out in early July is news to me.

We knew it was slightly delayed from end of June, but if thats true its great news.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: TERA on June 25, 2014, 10:51:31 PM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?

Well the fact that the article says that the regulations should be out in early July is news to me.

We knew it was slightly delayed from end of June, but if thats true its great news.
There is no source for the early July target being 'news' - This is simply based on what Lawsky said in March. Since then, there has been no public information about advancements with the regulations at all.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: windjc on June 25, 2014, 10:56:01 PM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?

Well the fact that the article says that the regulations should be out in early July is news to me.

We knew it was slightly delayed from end of June, but if thats true its great news.
There is no source for the early July target being 'news' - This is simply based on what Lawsky said in March. Since then, there has been no public information about advancements with the regulations at all.

And they should be making public updates why?


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: TERA on June 25, 2014, 10:57:20 PM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?

Well the fact that the article says that the regulations should be out in early July is news to me.

We knew it was slightly delayed from end of June, but if thats true its great news.
There is no source for the early July target being 'news' - This is simply based on what Lawsky said in March. Since then, there has been no public information about advancements with the regulations at all.

And they should be making public updates why?
I didn't say that they should.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: birr on June 25, 2014, 11:00:10 PM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?

Well the fact that the article says that the regulations should be out in early July is news to me.

We knew it was slightly delayed from end of June, but if thats true its great news.
There is no source for the early July target being 'news' - This is simply based on what Lawsky said in March. Since then, there has been no public information about advancements with the regulations at all.

And they should be making public updates why?
I didn't say that they should.
If you won't say it I will.  NY Dept of Financial Svces should issue updates.
Can you pronounce the word "democracy"?


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: TERA on June 25, 2014, 11:02:17 PM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?

Well the fact that the article says that the regulations should be out in early July is news to me.

We knew it was slightly delayed from end of June, but if thats true its great news.
There is no source for the early July target being 'news' - This is simply based on what Lawsky said in March. Since then, there has been no public information about advancements with the regulations at all.

And they should be making public updates why?
I didn't say that they should.
If you won't say it I will.  NY Dept of Financial Svces should issue updates.
Can you pronounce the word "democracy"?
That's a different topic. My point is that the reporter is representing information as if it is new when it is not new and there is no evidence of it being new.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: windjc on June 26, 2014, 03:27:00 AM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?

Well the fact that the article says that the regulations should be out in early July is news to me.

We knew it was slightly delayed from end of June, but if thats true its great news.
There is no source for the early July target being 'news' - This is simply based on what Lawsky said in March. Since then, there has been no public information about advancements with the regulations at all.

And they should be making public updates why?
I didn't say that they should.
If you won't say it I will.  NY Dept of Financial Svces should issue updates.
Can you pronounce the word "democracy"?
That's a different topic. My point is that the reporter is representing information as if it is new when it is not new and there is no evidence of it being new.

You don't know that there isn't evidence. He sighted 4 sources.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: onlyu on June 26, 2014, 03:57:14 AM
This could increase the price 10 folds if they pull it off.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: TERA on June 26, 2014, 04:04:29 AM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?

Well the fact that the article says that the regulations should be out in early July is news to me.

We knew it was slightly delayed from end of June, but if thats true its great news.
There is no source for the early July target being 'news' - This is simply based on what Lawsky said in March. Since then, there has been no public information about advancements with the regulations at all.

And they should be making public updates why?
I didn't say that they should.
If you won't say it I will.  NY Dept of Financial Svces should issue updates.
Can you pronounce the word "democracy"?
That's a different topic. My point is that the reporter is representing information as if it is new when it is not new and there is no evidence of it being new.

You don't know that there isn't evidence. He sighted 4 sources.
4 old sources. Nothing new.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: windjc on June 26, 2014, 04:37:58 AM
Is there actually any new information here or are they just summarizing what occured in March-April and what the author hopes for?

Well the fact that the article says that the regulations should be out in early July is news to me.

We knew it was slightly delayed from end of June, but if thats true its great news.
There is no source for the early July target being 'news' - This is simply based on what Lawsky said in March. Since then, there has been no public information about advancements with the regulations at all.

And they should be making public updates why?
I didn't say that they should.
If you won't say it I will.  NY Dept of Financial Svces should issue updates.
Can you pronounce the word "democracy"?
That's a different topic. My point is that the reporter is representing information as if it is new when it is not new and there is no evidence of it being new.

You don't know that there isn't evidence. He sighted 4 sources.
4 old sources. Nothing new.

Really? What were the soures?

And you, the girl who was quoting an article from FEBRUARY about a group that wanted to buy the SR coins for 15% below spot.

FUCK! So do I!


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: nioc on June 26, 2014, 05:00:29 AM
Should Nasdaq officials decide to go forward, they likely will move quickly — exchange officials expect to create a regulated platform for bitcoin buyers and sellers in about a year, one source said.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: TERA on June 26, 2014, 05:15:13 AM
I've read through the article a few times and I can't find anything where someone representing Nasdaq actually said a single thing to imply that it is actually considering listing Bitcoin on NASDAQ. All I see is the following:

Quote
Matt Anderson, a DFS spokesman, and Joseph Christinat, a Nasdaq spokesman, declined to comment. Andreessen declined to comment through a spokeswoman.


It's almost the same thing with the Winklevoss ETF - There is no evidence that that's even going to make it on NASDAQ either.  Winklevoss submitted an application and it hasn't been rejected yet so now they say "NASDAQ is considering Bitcoin".

I could send Google an email asking if I could be CEO, and now I can say "Google is considering me to be the CEO".


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: keithers on June 26, 2014, 06:02:23 AM
You would think major news outlets would fact check. Maybe they just assume that people don't know any better?


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: nioc on June 26, 2014, 06:23:23 AM
You would think major news outlets would fact check. Maybe they just assume that people don't know any better?

The NY Post is not a major news outlet.  It was 50 years ago.


Title: Re: Race to launch NY’s first regulated bitcoin exchange - 6/25/2014
Post by: madken7777 on June 26, 2014, 09:13:43 AM
So, is it news or just rumor?