Legitimacy in the finance world

[zx81]

Seeing the big fall in price today, I wondered "what events today led to this?" So, as I would when searching for other news items that effect market prices, I went to finance.google.com. Here's what my search revealed:

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

It seems bitcoin is still lacking some legitimacy in the finance world.

[AceWallen]

odd there was nothing about the Chinese banking regulators banning financial companies from transacting with bitcoins

[Cointeller]

Crazy

[vendetahome]

Bitcoin is not trading at wall street if you mean this...

[Marbit]

just a bubble popping. nothing to see here. 

[KrakenBrod]

But bitcoin is not in the stock market.

[raspcoin]

But bitcoin is not in the stock market.

It would certainly be interesting to see a company doing an IPO on a Bitcoin stock exchange. Considering that Lamborghini and Virgin Galactic already accept bitcoins, will we possibly see this in 2014?

[zx81]

But bitcoin is not in the stock market.

You're right it isn't in the stock market, but finance.google.com also notes currency news, including some pretty small currencies. How does the bitcoin economy stack up against, say the Falklands Island Pound? There's lots of news at finance.google.com about the FKP.

[fruitbat]

Considering the Bank of America report I would expect that there are some big names taking on holdings, they just haven't announced it yet. If they go public about a new asset class too soon, they miss opportunities to accumulate for themselves.