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Beefcake (OP)
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July 01, 2015, 12:37:27 AM
 #1

I just saw this headline about bitcoin: "With Greek Uncertainty, Investors Seek Safety in Gold and Bitcoin"

That is the actual headline!  Now bitcoin is "safe", and the WSJ it a heavy hitter in the investment press.  I am sorry the article is behind a paywall, but I think this is the best headline I have ever seen for bitcoins.  The FUD news seems to be in the rear view mirror Smiley
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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July 01, 2015, 01:25:44 AM
 #2

Yeah, that was a nice mainstream perception that they sent out to other investors. Putting the word safe along side bitcoin in such a prominent site that those with money most likely pay attention is pretty priceless and the right timing for it.
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July 01, 2015, 01:37:20 AM
 #3

I just saw this headline about bitcoin: "With Greek Uncertainty, Investors Seek Safety in Gold and Bitcoin"

That is the actual headline!  Now bitcoin is "safe", and the WSJ it a heavy hitter in the investment press.  I am sorry the article is behind a paywall, but I think this is the best headline I have ever seen for bitcoins.  The FUD news seems to be in the rear view mirror Smiley

Maybe they had a last minute change of heart about the headline!
The URL reads http://www.wsj.com/articles/with-greek-uncertainty-investors-seek-safety-in-gold-and-even-bitcoin-1435705212
"Even Bitcoin" doesn't sound positive, it sounds desperate.


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July 01, 2015, 04:03:53 AM
 #4

WSJ is probably a little scared to see themselves associated with crypto currencies.  But the WSJ should know more than anybody else what is going on with the worldwide currency wars.   

Watching those people line up to those ATM machines should put a scare into people worldwide.  It wasn't long ago bond were considered "cash".  I no longer consider them cash.
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July 01, 2015, 04:28:45 AM
 #5

Behind paywall. Will not read.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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July 01, 2015, 04:54:02 AM
 #6

The "Age of Cryptocurrency" book written recently by two WSJ reporters has a relatively favorable opinion of BTC. Their colleagues might well have gotten their first impression of BTC through that book.
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July 01, 2015, 06:05:54 AM
 #7

WSJ is probably a little scared to see themselves associated with crypto currencies.  But the WSJ should know more than anybody else what is going on with the worldwide currency wars.   

Watching those people line up to those ATM machines should put a scare into people worldwide.  It wasn't long ago bond were considered "cash".  I no longer consider them cash.

WSL is a Lottery website.It is a platform where people are interested to play Online Gambling...!!!
It offers traditional style global lottery using crypto currency it is also not restricted to any government as bitcoin. Smiley Grin

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July 01, 2015, 06:15:56 AM
 #8

The fact that they mention Bitcoin next to gold as a safe haven to protect their money, is already positive. I would not worry too much about the "even" added a bit later.

I wonder how many people can afford to invest anything in a country where everything are falling apart. The referendum will be the major determination of their final destination.

This would have a ripple affect and some severe influence on other developing countries and their currencies. In a global view, the collapse of one little brick, would weaken the strength of the whole wall.

I hope a lot of people will share their view.  Wink

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July 01, 2015, 06:33:19 AM
 #9

I'm really wondering how many greeks actually seek a safe haven in bitcoin.. Wink Nonetheless, it is great to read news headlines like this! Really makes a case for bitcoin.
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July 01, 2015, 06:48:07 AM
Last edit: July 01, 2015, 10:40:05 AM by snarlpill
 #10

This is great to see, and indeed- in times of worldwide financial uncertainty with the current fiat systems in place is when Bitcoin truly shines and outperforms. On a side note, the Wall Street Journal has always been my favorite newspaper to read; so much good content on a wide variety of topics.

Also, I hope all of the prepper-types who stack silver and gold to preserve their wealth against declining Dollar values see this headline and realize they should also have some Bitcoin holdings to fully diversify and protect their wealth. If every silver and gold stacker out there bought 1 Bitcoin to add to their "stack," then there would be a sure-fire increase in Bitcoin price.

Edit for disclosure: I did not read this article

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July 01, 2015, 08:42:38 AM
 #11

I'm really wondering how many greeks actually seek a safe haven in bitcoin.. Wink Nonetheless, it is great to read news headlines like this! Really makes a case for bitcoin.

those who understand bitcoin would have bought it way before now. there should be an explaining video in greek language to explain them what bitcoin is and what it is capable of.
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July 01, 2015, 08:59:41 AM
 #12

Behind paywall. Will not read.

same here... I'm not going to pay that subscription. I'm going to buy more BTC instead.
 Grin
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July 01, 2015, 09:11:54 AM
 #13

When I read such news in infamous Wall Street Journal about Bitcoin, I am goose pumped, and it gives me good feelings that those who have had faith in Bitcoin, they will get the good fortunes what they deserved, Thumbs up to this world class Bitcoin digital currency.
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July 01, 2015, 10:33:18 AM
 #14

On its own this article in the WSJ won't do much but all positive publicity is good, I'm not going to moan after some of the bad press we've had over the last year or so. It is a little frustrating in the sense that we're here and ready for mainstream adoption now. Where is the influx of new money, new investors?
I have patience but the next leg up of BTC adoption needs to happen, where is it going to come from?

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July 01, 2015, 10:44:26 AM
 #15

This is very good news. The mere fact that bitcoin is mentioned as a possible alternative is already a major change from articles of a year or two ago where almost every article written about bitcoin had some or other negative content.

The more the word 'bitcoin' appears in the press the better. Eventually even the most unenlightened will do a search to see what all this 'bitcoin' is about.
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July 01, 2015, 10:47:39 AM
 #16

really good news, adoption though respectable media like WSJ is great way to go..I like the feeling, that once gold is mentioned, bitcoin is usually followed:)
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July 01, 2015, 10:51:42 AM
 #17

This is awesome news, great to know that people are emerging now to realize about the value and worth of Bitcoin Digital currency methods, my another concern is that, will these stream just wave in the event of crisis or will they bring the crypto currencies into real adoption. I would like to see any news regards to Bitcoin as a long term solutions rather than short term.

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July 01, 2015, 11:21:25 AM
 #18

I just saw this headline about bitcoin: "With Greek Uncertainty, Investors Seek Safety in Gold and Bitcoin"

That is the actual headline!  Now bitcoin is "safe", and the WSJ it a heavy hitter in the investment press.  I am sorry the article is behind a paywall, but I think this is the best headline I have ever seen for bitcoins.  The FUD news seems to be in the rear view mirror Smiley
I can't read the article, or won't pay to do so anyway.

Are your sure that is it a real WSJ article though? Lots of people pay to get sponsored articles that look a lot like real articles posted in major online newspapers.  I remember the Quark people doing it to raise their profile in 2013
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July 01, 2015, 11:45:01 AM
 #19

I've seen the WSJ addressing Bitcoin in a positive way before in several occasions. Im pretty sure they've decided this is legit and they don't want to be remembered in history as the idiots that bashed Bitcoin until the evidence was way too much to keep staying in denial.
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July 01, 2015, 12:00:02 PM
 #20

it is somehow sad that we need all those exposures, to increase by few cents, when in the past with a simple manipulation, bitcoin was touching figures with 3 digits

the good news are not well reflected in the market, if they were, at present, bitcoin should be around 500-1k
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