chmod755
Legendary
 Offline
Activity: 1400
Merit: 1020
|
 |
June 10, 2015, 08:51:21 AM |
|
I wouldn't say that right now, but several Wall Street companies are experimenting with Bitcoin and the technology behind it.
Bitcoin definitely needs to be able to grow much larger for Wall Street to use it.
|
|
|
|
|
|
|
|
|
|
|
|
|
"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
Q7
|
|
June 10, 2015, 11:53:48 AM |
|
In a way I would say it's yes. Although Overstock core business is in the retail field but with the new development in offering cryptosecurities, indirectly they are acting as our brand ambassador that carries along the bitcoin name. This is also compounded by the fact that they are also one of the biggest online business to accept bitcoin. investors are putting their money into buying the bonds means they have confidence in the business they are doing. I would look at it that way.
|
|
|
|
|
AtheistAKASaneBrain
|
|
June 10, 2015, 12:20:57 PM |
|
In a way I would say it's yes. Although Overstock core business is in the retail field but with the new development in offering cryptosecurities, indirectly they are acting as our brand ambassador that carries along the bitcoin name. This is also compounded by the fact that they are also one of the biggest online business to accept bitcoin. investors are putting their money into buying the bonds means they have confidence in the business they are doing. I would look at it that way.
It's definitely great publicity for Bitcoin. What all those companies should do besides accepting BTC payments tho, is offer their employees their wage in BTC instead of dumping their gains for fiat. |
|
|
|
|
|
knowhow
|
|
June 10, 2015, 07:32:22 PM |
|
well some company needed to take the first step so other may follow it ,soo people will search about bitcoin to know better it for sure.
|
|
|
|
|
aso118
Legendary
Offline
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
|
|
June 12, 2015, 04:42:18 PM |
|
In a way I would say it's yes. Although Overstock core business is in the retail field but with the new development in offering cryptosecurities, indirectly they are acting as our brand ambassador that carries along the bitcoin name. This is also compounded by the fact that they are also one of the biggest online business to accept bitcoin. investors are putting their money into buying the bonds means they have confidence in the business they are doing. I would look at it that way.
It's definitely great publicity for Bitcoin. What all those companies should do besides accepting BTC payments tho, is offer their employees their wage in BTC instead of dumping their gains for fiat. Yup, this helps in increasing bitcoin adoption. If those employees find enough places to spend bitcoin, we could have some circulation of bitcoins. Else, the employees will dump the bitcoins and it really doesn't help. |
|
|
|
|
kenbytes
|
|
June 12, 2015, 05:09:28 PM |
|
Seems like a good starting point ...
#soon Supply and demand will require the market cap to hit many billions of dollars if all of Wall Street wants to play how they're used to playing.
|
|
|
|
|
cbase
|
|
June 14, 2015, 04:40:53 AM |
|
It was a hype, its not coming to wall street officially. They have their own market called medici!
|
|
|
|
|
GreenStox
Sr. Member
Offline
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
|
|
July 08, 2015, 10:27:48 AM |
|
It was a hype, its not coming to wall street officially. They have their own market called medici!
We shall see that, banks are greedy, so greedy that they can change their principles anytime. If bitcoin becomes too appealing that banksters cant resist, then they will come in our boat aswell. They just cant resist the urge for money  |
|
|
|
|
HarHarHar9965
|
|
July 08, 2015, 11:09:44 AM |
|
It was a hype, its not coming to wall street officially. They have their own market called medici!
We shall see that, banks are greedy, so greedy that they can change their principles anytime. If bitcoin becomes too appealing that banksters cant resist, then they will come in our boat aswell. They just cant resist the urge for money I think they wouldn't tweak their rules and regulations, rather make the crypto currency system have differences made for their adaptation. They would offer lucrative deals for the commencement of the deal, but if we give up the fight and let them centralize bitcoins, then what is the fucking point? If however they are ready to accept bitcoin as it is, then that's when shit might be worth hearing.. |
|
|
|
|
rayhan
Sr. Member
Offline
Activity: 378
Merit: 250
be your self
|
|
July 08, 2015, 05:09:36 PM |
|
So the overstock's CEO has modified the news to create a little more hype than usual. Bitcoin hasn't arrived into Wall St yet. And right now , the Wall Street doesn't offer the right kind of structure to hold bitcoins into it. But yes overstock is coming into the sight , with the technology somehow related to bitcoins. But i believe they're likely to mint their own currency for it.
|
|
|
|
bit1
Legendary
Offline
Activity: 938
Merit: 1000
|
|
July 09, 2015, 01:18:51 AM |
|
I am not really sure if this will bode well for Bitcoin getting into the hands of WALL ST SHARKS, Unless it just brings in more punters and hoarders and helps the market cap increase. For that reason alone it might have some positive offset, but only time will tell how they will play around with this new tech money toy.
I dont think that WALL ST Sharks are not appropriating of some BTC already. |
|
|
|
|
GreenStox
Sr. Member
Offline
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
|
|
July 13, 2015, 08:07:28 PM |
|
Well some wallstreet and early speculators are investing right now.
Maybe not the whales, but there are always ants in the trading floor that like to try out all new stuff.
Now they are probably not trading it on the stock exchange, but they opened already an account at bitfinex or coinbase
So many "ex" wallstreet traders came to trade bitcoin instead, is the right way to put it
|
|
|
|
|
nonbody
|
|
July 14, 2015, 06:51:47 AM |
|
any press is good press, i am still in 2 minds :/
|
░░░░░░▄▄▄████████▄▄▄
░░░░▄████████████████▄
░░▄████████████████████▄
░█████▀░░░░░░░░░░████████
▐█████░▄████████░░███████▌
████████▀▀██████░░████████
████████▄▄█████░░░████████
██████████████░░░█████████
▐███████▀░░░░░░▄█████████▌
░██████▀░▐███████████████
░░▀███░░░░░░░░░░░░░████▀
░░░░▀████████████████▀
░░░░░░▀▀▀████████▀▀▀
|
2local | ... |
Sustainability and Prosperity.
Pre sale is going on | .... |
| .... |
| .... |
| .... |
...J O I N... | .... |
...Whitepaper... | .... |
░░░░░░▄▄▄████████▄▄▄
░░░░▄████████████████▄
░░▄████████████████████▄
░█████▀░░░░░░░░░░████████
▐█████░▄████████░░███████▌
████████▀▀██████░░████████
████████▄▄█████░░░████████
██████████████░░░█████████
▐███████▀░░░░░░▄█████████▌
| | |
I E O IN Livecoin.net Probit P2pPb2b from 11/02/2020
2local Sale |
|
|
|
|
|
bornil267645
|
|
July 14, 2015, 07:04:27 AM |
|
I don't know how it helps the bitcoin adoption. Because the blockchain tech is already very popular but the bitcoin is still very neglected in terms of adoption. But still happy to people are adopting the tech. Maybe it will lead to something big in the near future.
|
|
|
|
GreenStox
Sr. Member
Offline
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
|
|
July 14, 2015, 10:35:25 PM |
|
Bitcoin is 4.1 billion dollar market cap, who do you think pushed that extra 1 million dough in the market in the last weeks if not Wallstreet? Of course Wallstreet is onboard, MONEY NEVER SLEEPS PAL!  |
|
|
|
|
BIT-Sharon
|
|
July 15, 2015, 01:46:00 AM |
|
Interesting. Even if they are not technically on wallstreet this is a good development for bitcoin. Any time it gets in the news is good, and overstock isn't exactly small potatoes.
overstock has shown time on time to be far ahead of other companies regarding accepting new technology. very open minded ceo. open minded and frontier, it really makes the technology popular and give it the right position. |
|
|
|
|
|
