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Author Topic: [2015-06-04] New York Stock Exchange begins monitoring bitcoin value  (Read 458 times)
tyz (OP)
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June 04, 2015, 10:02:45 AM
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Bitcoin's march toward legitimacy just took a hop, skip and jump with the news that the New York Stock Exchange is going to start monitoring its value. The NYSE Bitcoin Index (NYBXT) will keep a beady eye on how much the cryptocurrency is worth, relative to the US dollar, with the data being pulled from Coinbase.

http://www.engadget.com/2015/05/19/nyse-bitcoin-index/
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kjlimo
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June 04, 2015, 08:46:20 PM
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Very cool!

https://www.google.com/finance?q=INDEXNYSEGIS%3ANYXBT&ei=mrhwVeLRBImUqAGQm4HYDA

Coinbase for selling BTCs
Fold for spending BTCs
PM me with any questions on these sites/apps!  http://www.montybitcoin.com


or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
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June 04, 2015, 09:44:53 PM
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with the value being updated at 11:00 AM ET each day.

Huh
gogxmagog
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June 05, 2015, 08:32:14 AM
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with the value being updated at 11:00 AM ET each day.

Huh
Yeah, once a day is a little bit useless for actual trading. But just being there on the NYSE gives a lot of "legitimacy" and it's good to let them know we're still here.
Anyone trading btc seriously has many other sources of price movement to consult.
This NYSE thing is a start though. Let's see what it looks like in a few months...
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