Bitcoin Forum

The Swiss stock exchange SIX intends to trade in crypto-currencies and NYSE is considering the possibility of taking a similar step. What are your thoughts on this?

Got any source citation for these rumors?

If true, this would probably extremely bullish news for those SIX cryptocurrencies. Real world market adoption is always a good thing and once traditional traders get access to these cryptocurrencies you can count on them to pump the value upwards.

Are you sure you're reading correctly? "SIX" is the name of the exchange, not the numbers of currencies that they're interested in. Read here for more info about this stocks exchange: https://en.wikipedia.org/wiki/SIX_Swiss_Exchange

Recently, there is a news about the Bancor hack, the market will move downward once more. Negative sentiment is much stronger even though this rumour might be a positive signal for crypto markets.

Nasdaq is planning to launch cryptocurrencies in their exchange this year which is most likely to happen this year

Are you sure this news is correct? Because there are so many similar news your news posted in this forum but most of it is just rumors and not real. Although this news will be very good for the crypto market. But we need the exact news

Are you sure they're going to trade actual cryptocurrencies and not derivatives like is being traded on CBOT and CBOE? Those two exchanges have Bitcoin derivatives, but they're not actually linked to Bitcoin. They only mimic Bitcoin movements and settle in USD based on the price of BTC at given times. This is not actually trading or owning cryptos, only trading vehicles that are tangentially related to them. I would be surprised to see Nasdaq or any other traditional stock exchange getting involved in actual cryptocurrencies. It just seems to be outside their wheelhouse, and I would expect them, if anything, to buy an already functioning crypto exchange if they wanted to get into it.

Again, this is something that will probably be aimed to address the needs of other high end investors other than having a widespread impact on the general community within bitcoin. Plus, this is most likely going to be derivatives or futures of bitcoin rather than actual bitcoins.

It's still a good thing, but it's probably just not as positive as some may think.

It definitely does show that institutional investors are interested in bitcoin and are actively making investments into entering the market, but at the end of the day we're still not at the stage at which bitcoin itself is seen as a legitimate currency to conduct business with worldwide, but rather more of a speculative tool.

The growth and money would only revolve within the confines of the platform who facilitates the futures and derivatives, but the original asset which is bitcoin will not gain anything apart from the press it will generate. Nonetheless, it goes to show just how interested any other people can be on the market and wants to get involved, just not directly. Scaling how the market works and gauging how the trading action happens in a market is one sign of unique interest, and that is what we can see on institutional investors testing out the futures.

I think that there is really going to be a minimal impact that will stem from this.

Trading derivatives, options and whatnot is already happening at a large scale on a wide variety of platforms online. Of course, this is a mainstream institution that is showing interest, which is good, but it's serving speculators and isn't really providing any tangible services to the bitcoin community. I'd like to see tangible bitcoins being traded and settled instead of derivatives.

Even though that's the case, I think that we would continue to see spikes in institutional interest in the next decade in general. What really matters is community usage, still, to be honest.

i think your wrong, the will attract money in the crypto market

The problem is that they don't enable actual fiat to crypto trades like how we are used to trade on our current crypto exchanges. I'm not sure when they plan to enable actual trades, but at least it's better than nothing.

It will help legitimizing crypto more effectively amongst high level investors and institutions. Every attempt to do that is a gigantic boost for everyone in this industry. This is what we have been aiming for to achieve.

Bitcoin was frequently called a fraud and a ponzi scheme years ago, but this fraud and ponzi scheme is forcing itself deep into the core of the legacy economy, and it's just the beginning. Keep hodling your Bitcoins firmly.

If this is true, and that is a big "if", thrn it is a good news. Being included in the stock market means that more and more people have access to crypto currency while being protected by stock market rules and prevents price manipulations and stuff like that. Although, these coins may only be accessible through brokers.

Crypto currency is a good addition to stock market because most stock currencies are stagnant unlike the volatile crypto currency that have insane uptrend and bear trend but that enables traders to make money. Instead waiting for a stock to rise for a hundred years. But i hope this rumor is true it would be a positive feedback for crypto's.

Exchanges in many countries are planning cryptocurrency transactions!
A long time ago, it was revealed that Nasdaq would consider becoming a digital cryptocurrency exchange in the future!
No one knows the specific time!

Is there any link or related article about your post sir? I think it should be verified yet before we express our thoughts. However, I don't know what implications it will bring if ever cryptocurrency market accepts stock exchange. But I assure that this swiss exchange will not make an innovated exchange without knowing the consequence.

Where did you get that created story?do you have some proofs about this one?or another hearsay caming crom other thread and you formed here just to make valuable conclusions from us?

This is far from reality and im sure this will burn before having decided

I think that this is very good news and I hope that soon we will see an increase in the capitalization of the crypto currency market.

If crypto-currencies could be traded on traditional stock exchanges, it would be a great thing for BTC and altcoin. At least the government has acknowledged the existence of encryption.

WoW, that's interesting if it's true! ;) What about ICO investment? Who's investing july-august? Personally I prefer this particular project - https://medium.com/@kelvinchain/the-post-quantum-era-of-blockchain-todays-solutions-for-the-world-of-tomorrow-16bdd970f49a (https://medium.com/@kelvinchain/the-post-quantum-era-of-blockchain-todays-solutions-for-the-world-of-tomorrow-16bdd970f49a)  :)

Yes. From wikipedia says:
The Swiss SIX Exchange (formerly the Swiss SWX Stock Exchange) is a Swiss stock exchange located in Zürich. Exchanges are also traded in other securities such as government bonds and derivatives such as stock options. The main stock index of the Swiss SIX Stock Exchange is the SMI (Swiss Market Index). This index consists of 20 most important stocks based on free floating market capitalization.
The SIX Exchange was the world's first stock exchange to use a fully automated trading, clearing and completion system in 1995. The SIX Exchange is managed by an association of 55 banks, each of which has a balanced right in stock management and supervision.

This is very good news, which can really raise bitcoin to a new level. First, the price of bitcoin will grow, and secondly, this step will show many investors that bitcoins can be trusted and it is worth investing money.

This sort of 'news', if you even want to call it that, has come up time and time again with nothing actually going live. I'll believe it when I see it on the stock exchange bitcoin / crypto related stuff. Last thing I read showed that the SEC kept kicking the can on making the decision relating to crypto.I found this on the subject, unknown on the realiability of the source but it's something nonetheless - https://cryptoslate.com/cboe-seeks-sec-approval-for-bitcoin-etf/

Not true.


But is that really what we want? To have more people investing in bitcoin for gain rather then using it as a currency?

Cryptocurrency getting more attention from big institution and market. NYSE is one of biggest market in the world and have big daily transaction volume and SIX stock exchange is trusted market in europe. Combination both market will make cryptocurrency market cap will growing bigger and I am more optimistic on this market

It is better if you have link because i am confused if the crypto currencies can really merge with the stock exchanges but if this is true then will become a success then this will be a good development in favor of Crypto because the crypto currencies investments in this nation will become more popular in which is much needed to trigger the bullish run.

I think they are slowly adapting right now. But still not fully integrated. Opening some market is good for cryptocurrency market, another  avenue for trading and more people will be exposed to this market which means higher capitalization is expected.

Sorry, but what cryptos are being traded? It's better also to provide link so everyone will enlighten to this. I know that there's a coin that is backed by forex but not actually trading in stock exchanges. Well I don't see anything wrong with this as it can actually make cryptos be more established and it will be a big leap for us.

And what cryptocurrencies will be traded there? I'm sure it will be another futures exchange traded backed for OTC market like other trading companies which launched bitcoin and ethereum based contract to trade bitcoin with margin trading leverage. Haven't heard the rumor about NASDAQ listing cryptocurrencies but i'm sure NASDAQ composite was listed based only on stocks and not cryptocurrencies since regulation about crypto hasn't been finalized or even heard in a while.  ::) ::)

Very good. It signifies that cryptocurrency is increasingly in demand by many people in the world.

 True or not it is a great idea for Crypto currency be traded into stock exchange. For me i will wait further for more confirmation of  the above Topic. I would say, it will be a welcome development for Crypto coins entering the Stock Market. good luck

You can't just flip and switch and have the infrastructure to have a crypto exchange. It takes a long time to build this out, so I would expect you hear an awful lot about it before anything actually happens, and probably for a long time while they're building it.


Lol, crypto investors only pay lip service to using it as a currency. The only thing 90% of the people who bought it care about is the price, and they don't care if it's going up because it's being used as a currency or not.

It is possible that transaction on the transaction will be the new method applied to modern technology today. Extremely profitable and extremely profitable growth is possible. Whether it is stock or electronic money it is still the profit that people impose it to have great results.