Nasdaq to Provide Trading Technology for Bitcoin Marketplace

[ThatDGuy]

http://www.bloomberg.com/news/articles/2015-03-24/bitcoin-getting-serious-as-nasdaq-nyse-step-into-digital-craze

“It is a vote of confidence in bitcoin the technology,” Nicholas Colas, chief market strategist at Convergex Group, said in an interview. “Now that you are seeing big organizations providing technology, there’s a feeling that bitcoin is here to stay.”

i really think this is excellent news.


excellent enough to drop the price anyway...

 

As it happned so often lately. Good news around, price makes a drop. In the long run it just can go up!

There's still money to be made shorting BTC - but that market won't last forever.  After that, there's plenty of money to be made going the other direction.

[uki]

http://www.bloomberg.com/news/articles/2015-03-24/bitcoin-getting-serious-as-nasdaq-nyse-step-into-digital-craze

“It is a vote of confidence in bitcoin the technology,” Nicholas Colas, chief market strategist at Convergex Group, said in an interview. “Now that you are seeing big organizations providing technology, there’s a feeling that bitcoin is here to stay.”

i really think this is excellent news.


excellent enough to drop the price anyway...

This news will be excellent if there is something behind it, and these are not just words.
If there is some serious development coming, then the price will reflect that sooner or later. For now it is just another news, without much impact on the price.