Bitcoin Forum

http://investing.businessweek.com/research/markets/news/article.asp?docKey=600-201407210636M2______EUPR_____6d0700001b872829_3600-1

Bloomberg is one of major global financial sites, it's quite a marketing Coup. Alt coins gaining serious acceptance by the financial community it seems.

The price just started to rocket today, I wonder of this is due to this article or something else?

Hah hah you utter fucktards. That's a press release, and nobody is stupid enough to think otherwise.

Right at the top it credits the article to "M2 Communications", who are here: http://www.m2.com. I'll quote from the M2 site:


Such a marketing coup.

If that wasn't enough, this wasn't even a press release that was read and approved by Bloomberg. They use Acquire Media as an acquisition service, which just shovels every press release into vaguely related categories.

It's a good news to hear. Finally cryptocurrencies appear in magazine. Although I personally don't really like Bloomberg, they are politically biased.

NXT clone

I got some Qora, I got some NXT, I got some XMR and I got some BTC, the first two thanks to giveaways. So im ok with it.

Yeah but how do we know if it's legitimate newcomers?  There's so much speculation buying by existing users of coins.

qora is awesome

Has the main qora thread been locked?

Doesn't seem like anyone is concerned.   ???

yeah what's with that?

Wow, what a crappy article.  ::)

Another ridiculous coin with some stakeholder trying to ramp it up. OP you could have made that press release for all we know.   I couldn't believe doge had bought that as on the race car. You alt coin Gus take yourselves so seriously. Stick with bitcoin or even LTC if you want to be taken seriously.

you know you are in the altcoin section right?

Thanks for the tip about btc and ltc. Ill buy some and store them in my Qora wallet soon.

buy article  ???

LOL

I do have some Qora, though! Hope it does well.

I don't think anyone was mislead that this is like many online news site articles a press release. It clearly states it at the end of the article. The point is that it got onto Bloomberg, I'm pretty sure we didn't pay for that cause advertising on Bloomberg would cost a fortune so yes it's a press release that was obviously deemed interesting and was used by the site.  

Bloomberg has definitely lost some credibility over this..

Hmmm...interesting PR strategy. They used the old dodge to get around the bad press surrounding the "controversial" Bitcoin.


Said old dodge being, "We're not like them!"

Be interesting if it works. Myself, I'm going to bite the Reputation Management bullet and just acknowledge the seamy side that's common to the whole field. As it turns out, the Bitcoin community itself came up with a golden recovery meme publicity-wise: cryptocurrency now is like the Internet itself right around 1993 or 1994. That comparison fits quite well, as the Internet itself was wild and woolly too at that time. I wasn't around back then, but I've read up on it and they're right. The parallels are striking.

However...Qora's going with the "We're Not Like That!" strategy in a basically nice way - although I have to say it's a little cheeky of them to add "Bitcoin, while popular, is mired in conceptual flaws that cause its value to fluctuate wildly". As if Qora's value hasn't fluctuated wildly...

The aforementioned bump seems to have ignited before the press release circulated, so the cause is probably the usual hot-house speculation in these parts. When I checked at Bter, the pump doesn't seem to have had much staying power. 

I agree. Did you see the article of ccedk offering nxt?

An exchange with no users is offering coin that nobody wants....sounds like magical combination!

They should also write how my dog had to take crap this morning and I had to clean it up after him.

This is the one you refer to:

http://www.bloomberg.com/news/2014-07-18/bitcoin-dominance-challenged-as-danish-bourse-offers-nxt-trading.html

However, this is a Bloomberg.com news article, picked up and prepared by Bloomberg reporters and Bllomberg editors (Reporter: Christian Wienberg at cwienberg@bloomberg.net, Editor: Tasneem Hanfi Brogger at tbrogger@bloomberg.net)

CCEDK is only a week old  ;D With 7 Nxt/Fiat pairs (USD, EUR, GBP, NOK, DKK, SEK, CHF), I will be doing all my future fiat exchanges there.

I'm sorry this turned into a dick measuring competition. I just posted cause I was happy to see Qora on Bloomberg even though it's a press release.

Let's no forget long term, articles don't really matter. Unless you want to believe 95% of Bitcoin articles that say it's a Ponzi about to collapse.

It was aimed at atoni, I don't care how big your dick is. I correct FUD wherever I find it.

fair enough then I redirect my point at the thread generally. the tone of the whole thread is trying to attack rather than say hey it's great that someone like Bloomberg is putting focus on altcoins and Cryptocurrency generally, it can only be a good thing whatever coin you hold.

How was it a fud? there order books are completely empty but the most funny is how they claim to have 300 btc volume lol

you gotta remember that Qora is very young compared to NXT. The dev is really competent, churns out features at an unbelievable rate.  Qora is still more or less undiscovered, but has an awesome community around it already. Ofcourse there would be room for more than one system to grow. I'm sure a few years down the line, both the systems would borrow/learn from each other. Success in this domain is not mutually exclusive.

D for doubt.

You're making the suggestion that a week old exchange with a commensurate volume will be a failure.

F for fear.

By pointing the above out repeatedly, you think you can scare enough away that it becomes true.


Let's talk about CCEDK again in 3-6months, you can't draw any reasonable conclusions from a week, especially the first week.