Bitcoin Forum

what do you think ?
https://i.imgur.com/IcUKfLp.jpg?1

source: http://imgur.com/IcUKfLp

Isn't there enough scammers and thieves to deal with already without the wolves of Wall Street adding to the problem? These guys 'll make MK look like a petty thief.

True that.  I don't think this is good for anyone here.

I don't know that this exposure is a bad thing. On the contrary, to me, initially at least, this seems like good publicity for Bitcoin.

TT

I have to agree these guys are the worst thiefs scammers and all around dirty little men on the face of the planet the last people i would want taking an interest in any part of my finances are the wolves!

Wolves are sharp not just their teeth lol

If they want to be part of bitcoin the chances are they will go for broke and full control, not sure how that would work but not very good for your average joe investor but exciting and fun for anyone who can see what is going on  ::) :P

And so it begins...

Bitcoin Battle ? What battle is it talking about ?
Its great those guys acknowledge bitcoin .

Wall Street acknowledges Bitcoin...

https://i.imgur.com/kAfDs0D.jpg

It a good news for bitcoin, wall street will embrace bitcoin.

WSJ has a font page?

looks like they can't avoid bitcoin even after all their tricks, and now they want to get into it

Pretty sure the wolves already know about bitcoin.  Didn't need a newspaper article to tell them.  This is more for average Joe investor.

However many times i see this image it always makes me laugh  ;D excellent episode and a great description of what will happen to a lot of investors

i only hope by attracting more liquid trading as the article suggested, smooth bitcoin’s notoriously volatile price and thus make the digital currency more appealing for online payments and value transfers.

This is great for Bitcoin. We can hate those guys but they will bring money in Bitcoin.

I'd have to see the entire article, but....as these type of coverage usually goes, they mention BTC as the brand-name concept, then quickly move on to alts like ripple systems like MPESA, ideas like applepay and google wallet...

they will mention winklevii, and that other bitcoin fund that should appear on wall st. soon. they might mention VC money thats going into the economy.

its all pretty light news, and if you read this forum, old news too.

the takeaway from these sort of articles is usually; some form of digital payments system is coming, they all have problems right now, but bigger players are making serious moves, wait a few years and you will see which one comes out on top.

they say "bitcoin" in the headline to grab your attention, appeal to the curious, but they rarely endorse bitcoin itself.

that's just been my experience of reading mainstream news articles on the subject. I cant read that imigur so i dont know what this one says. but i'd wager i'm pretty much spot on here.

always the same predictable shit.

Even when it is the same shit, is has their attention. Better an article with known information then nothing.

Yeah..As long as we seek their attention its all good...More ppl will get to know about BTC.. N those wall street guys r very conventional.. it is no surprise to me the way they wrote the article.

Is there a higher resolution image to read what's written?
This image is for ants...

Well this could be a good thing but I have my doubts. When writing about Bitcoin, an alternative to the existing systems there is no need to write about Apple pay and similar services. It's not like Apple pay and Bitcoin are the same things. Well one shouldn't expect an article solely dedicated to Bitcoin without negative writing.

This.

As an agnostic tool, the more adoption the better.  Wall Street brings big money and even a small percentage of that is a good thing.

The good thing is that bitcoin doesn't care about bad actors. That's the whole point of its core security.

it's nice to see that a large news paper puts bitcoin in frontpage but i think people are getting happy too quickly.
let's hope it will reach front pages more often.

This is so awesome, man. Even if it is just for the mere exposure effect, more and more people will know the 'brand' Bitcoin and take it as something normal and not some crazy invention you can't trust.

It really is funny to see the same 2 critics over and over again, bitcoin is volatility, bitcoin is illiquid, these issues will be sorted in due time and have already been for the most part, wonder what critics  bankers will come up with when the market is finally stable.

Thanks for the larger pic

The article gives good analysis on the pros and cons regarding the potential for bitcoin over the long term. Unlike most/all other articles regarding the future of bitcoin it is not biased and as a result it will have more credibility, and people will make their own analysis to determine that bitcoin is overall a good investment which will cause more people to buy/invest in bitcoin

... and then you win.  ;)

I would also like to be able to read this content

Good to see that bitcoin is getting the exposure it deserves, last time was from CNN and its ticker was added and now it has an exposure on wall street journal. Anything good as an exposure on mainstream media will benefit bitcoin and its community.

Besides the image I posted a couple posts up here: https://i.imgur.com/D2Dm73Q.jpg

Here's a couple of pdf files with it (it might be easier to read from them):

http://makingmoneyhoney.com/images/wsj/wsj1.pdf

http://makingmoneyhoney.com/images/wsj/wsj2.pdf

Thank you for links,

@op This is definetly positive press exposure for bitcoin, and for its comunity. Even if there are still alot of nay-sayers (for example Warren Buffet)
i think this constant bashing of success in their faces will proove them wrong, while the top elite will still be negative,since bitcoins success could endanger they way of making and/or storing profit.
Let's see where this will go.

cheers

No problem. I think any press, will always get someone else thinking they should look into Bitcoin more. And I really think Bitcoin speaks for itself. It spoke to me when I first really looked into it.

Yeah and if you read the first page there it has a Naysayers post on the right and a suposedly pro-bitcoin stance on the left stating "Don't judge bitcoin on its early, inevitable problems", not really a "true" pro-bitcoin stance at first glance IMO.

Unless of course the pro-bitcoin argument states the early adoption and price volatility just make it "early" in the bitcoin scene, which could then be construed as a true pro-bitcoin stance on the left.

thank you for the links.
Now I can say what was willing. This is undoubtedly something positive for bitcoin.

We have completed the ignore us, and then we completed the laugh at us, and now they want to battle hmm they want to fight hey  :D :D then Rodeo has the answer of the result ^^

Wall street am very surprised they never got involved sooner  ??? what took them so long...

i think any publicity is good publicity

Mr ghandi the wise man, lets hold hands and sing com bi ah and hope this is true, would be really good for me to be part of the bubble as a winner for once. The wolves are stalking though what are they going to do?

http://www2.ntia.doc.gov/files/grantees/images/shome_bia_plowing.jpg
"What part of installing the fastest high-speed cable between New York and Chicago so that commodities, like Bitcoin, can be traded fractions of a second faster don't you understand? That's why I'm up here and you're down there scooping up worms for our fishing trip this weekend."

i think it is a good news. actually it is big. if this can attract more fiat to bitcoin, and more popularity it is going to be great for whole crypto world. and eventually it is gonna fix the volatile price problem

Let them get into the game.. Let them buy hard... And make them dump..

So while they have created to much hype about BTC, then we will have enough people buying their dump that it wont affect the price much.

Even negative press is good.

Many wall street types have balls of steel, and the only thing that scares them is missing out on a good opportunity. I really think this exposure has much to do with the recent up swing.

TT

Do you really believe they will only find out about bitcoin 'years' later because of a small advert on a newspaper?  :D

No they knew ages ago and if they wanted to be part of it they already would a paper is not going to wake them up and say hey guys look what you are missing over here, so then they start buying and cause this pump.

Nope it is just whales playing whales games to make a few bob on the backs of the unaware

I supposed it is for the good. We badly need fresh fund to the market to boost the price and when the rest of people see a sustainable uptrend, hopefully it will change investor's negative impression about bitcoin. Practically, I don't mind who gets into bitcoin as long as it brings good benefit in the long run.

I envision the Wall-Street-types creating a myriad fancy-pancy pseudo bitcoin trust funds that'll be attached to a slew of portfolios to make them seem more appealing. Granted, I'm not versed in such underpinnings, but I can see how multi-million-dollar fraud dealings could easily be orchestrated.

BTW, those in the know will make damn sure that they control bitcoin's price, at first sending it to the moon. Mark Karpeles was nothing compared to these boys.

Front page of the WSJ is not "a small advert on a newspaper" and yes, many will have learned about Bitcoin as a result of this.  If you ask 10 random people to tell you what they know about Bitcoin, many will have heard about it, but that's about the extent of their knowledge. The front page of the most well known financial publication in the world will have certainly raised the level of bitcoin awareness for thousands of individuals.

TT

Aha sorry but that is funny stuff so we must be super savvy investors to be with Bitcoin before wallstreet  ;D
That paper is not for the big shots it is for the average joe who already knows about bitcoin and has either chose to invest or has not a simple add is not changing that for the majority or readers.

Don't talk rubbish if i speak to 10 random people i will probably not even get 1 that knows about bitcoin and a add is not going to deepen their knowledge is it, unless they chose to follow up and learn and that is not done in a day or 2 these people if they choose to invest will be here by the summer it is alot to get your head around and whether investing is a good idea, how much how it works etc etc..

You are right it will have definitely raised awareness but not as much as you think and that is 100% not a reason for the big boys to get involved just the average joe which is not bad but it is not great either.   

It's great... this is free advertising, effectively. People are being exposed to the name, the 'logo' again and again. And at some point everyone is like 'hell, I have to figure out what this Bitcoin stuff is about' and they go and do some research...

At $29 per month, I wouldn't say this publication is for the average Joe, and the people who read it are reading it specifically for the financial news. This is a very different publication than a typical local or even national newspaper. 59% of readers hold top management positions, and the average household income of a WSJ reader is over $200,000/year.

All things considered, this was a full page in the WSJ about Bitcoin. If you were to pay for that it would cost over $300,000.

This really was a big deal for Bitcoin.

TT

Oh dear people the wolves have been released i repeat the wolves are free and they will be here to take you apart bit by bit, the question is are you all ready you have had prior warning which is more than you deserve they are now on the hunt da da dum and they are hungry for btc hold onto your seats ladys and gentlefellows because this is going to get exciting, i am excited to see this predators in action!!!

You must be a fan Fannie Mae and Freddie Mac, those guys are hilarious!

awesome publicity for bitcoin , but I do NOT think this article had any effect on the price increase.  As always, the price goes up and down almost 100% due to manipulation by TRADING BOTS on the big exchanges. 

I have a feeling he is a fan of crazy! Lol did make me laugh though niceone Kali you nutta

I read it and thought it was great.  This is good exposure and a good thing.

nice! bitcoin needs to be more spread about the financial world

Ok, i will listen to you and agree to disagree because i will have nobody tell me the real wallstreet "big shots" are only now going to get into bitcoin because of that front page.

They would have already been in long before any of us imo but hey like i said i agree and thank you for teaching me a thing or 2 about the prices etc because i had no dea..

Yup, people try to correlate price movement to news articles.
They fail to realize that there may be correlation, but not necessarily causation.