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Author Topic: Does Nasdaq launch Bitcoin?  (Read 1008 times)
wandogim (OP)
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May 01, 2018, 05:32:33 PM
 #1

I read an article in October 2018 that the Nasdaq is going to launch the bitcoin exchange, is it really possible?
If Nasdaq really opens the bitcoin exchange, how much do you expect the price of bitcoin to rise this year?
BitcoinNewbie15
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May 01, 2018, 05:35:47 PM
 #2

They haven't said that they will definitely launch an exchange, the CEO just said they would be open to the idea once more regulation is in place. I think I heard something about Gemini partnering up with the NASDAQ in 2018, but I'm not sure exactly what they will be doing. Regardless, it would be fantastic news to have these coins listed on the nasdaq. Bitcoin would surely blow up in price, as once this happens, adoption would be in full swing.
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May 01, 2018, 05:40:14 PM
 #3

Yes rumours have been floating for a while now but there are many rumours floating around on bitcoin. I agree that if Nasdaq would pick up bitcoin it would be a huge deal. Keeping my fingers crossed over here even if i dont see it in the near future.
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May 01, 2018, 05:42:24 PM
 #4

I read an article in October 2018 that the Nasdaq is going to launch the bitcoin exchange, is it really possible?
If Nasdaq really opens the bitcoin exchange, how much do you expect the price of bitcoin to rise this year?

You know the half truth only! Nasdaq is not going to launch crypto exchanges anytime soon. It all happened during a TV interview with CNBC where Nasdaq CEO said that they are open to become a crypto exchange. However, no talks have been initiated till date for the same. The statement is certainly positive for the crypto market but far from becoming a reality. I have already posted a thread about it and I encourage you to read that here,

https://bitcointalk.org/index.php?topic=3431844.0

khufuking
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May 01, 2018, 05:49:39 PM
 #5

Without a doubt that will be huge for BTC but everything is a rumors until we see a fact , You know crypto community have its special #1 rank in spreading false/unconfirmed rumors  whether it is positive or negative . SO I wont get my hopes really high unless there is official statement from nasdaq  them self  not just a cut parts from an interview or something like I heard that .
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May 01, 2018, 06:12:13 PM
 #6

I read an article in October 2018 that the Nasdaq is going to launch the bitcoin exchange, is it really possible?
If Nasdaq really opens the bitcoin exchange, how much do you expect the price of bitcoin to rise this year?

You know the half truth only! Nasdaq is not going to launch crypto exchanges anytime soon. It all happened during a TV interview with CNBC where Nasdaq CEO said that they are open to become a crypto exchange. However, no talks have been initiated till date for the same. The statement is certainly positive for the crypto market but far from becoming a reality. I have already posted a thread about it and I encourage you to read that here,

https://bitcointalk.org/index.php?topic=3431844.0

Still lots of hurdles for NASDAQ to become an active crypto exchange. They will be pressurized by lots of officials not to accept cryptocurrencies. I am just hoping that more and more real companies and industries start using them so that we get more market.
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May 01, 2018, 06:54:43 PM
 #7

To be honest, I don't see it as a big deal. Even if Nasdaq did open up an exchange for Crypto coins (which they didn't yet)? I don't think this will bring a significant change in the price of Bitcoins, let alone huge changes. There are lots of exchanges and adding one more won't going to make much difference.
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May 01, 2018, 08:02:28 PM
 #8

It is possible but don't get your hopes up too high. They also said last year they would have Bitcoin futures but they backtracked on that promise too. If they open an exchange sure that is a bullish sign, but again I will believe it when I see it.

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May 01, 2018, 10:12:36 PM
 #9

I read an article in October 2018 that the Nasdaq is going to launch the bitcoin exchange, is it really possible?
If Nasdaq really opens the bitcoin exchange, how much do you expect the price of bitcoin to rise this year?

why not ?
why would this be a case ?
everyone can launch a bitcoin exchange. even you may launch an exchange. it is just a business. why would this become a question ?!
but, yes, the Nasdaq name can affect bitcoin popularity and its price. but I don't think the price will rise significantly.
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May 01, 2018, 10:18:26 PM
 #10

I read an article in October 2018 that the Nasdaq is going to launch the bitcoin exchange, is it really possible?
If Nasdaq really opens the bitcoin exchange, how much do you expect the price of bitcoin to rise this year?

Have you came from the future here if you read an article in October 2018! Can you tell us the prices Grin

Fun aside, I do really think they will implement crypt sooner or later. Of course it is possible, if they see that demand is real, btw if you are following whats happening and where many more people are aware of crypto now and are willing to jump a board. If NASDAQ feel they are going to be left out with crypto, then of course they will try to follow it up. Same thing why some companies are looking into blockchain more seriously, because they don't want to be left behind. I think that they know the future is real for crypto, just  for big players such as NASDAQ it can take quite some time for all the pieces to fall in their place.
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May 01, 2018, 10:23:23 PM
 #11

They've said nothing other than it being an interesting idea if crypto develops. That's no more meaningful than them saying they'll become an exchange for Taylor Swift's turds if she produces enough of them, the demand is there and the SEC regulates her anus.

It's really dull how crypto fans grab a vaguely interested noise and spin it into certifiable fact when it can be unverified with five seconds of reading.
pooya87
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May 02, 2018, 03:55:41 AM
 #12

i believe the official announcement was about bitcoin futures similar to what CME group did. they announced it shortly after CME group but their date was in mid 2018 if i recall correctly. this is the article i found:
https://www.cnbc.com/2018/01/23/nasdaq-looking-into-bitcoin-futures-different-to-rivals-ceo.html

in any case if they start a real bitcoin exchange then things may become somewhat better because i believe that regulated exchanges will increase the adoption because many people are still unwilling to get involved with bitcoin since the places where bitcoin is sold (current exchanges) are not regulated.

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freesia_pnp888
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May 02, 2018, 05:25:24 AM
 #13

Well, the actual plan may be later than Oct if it's real. December I believe, trust me, I've experience in estimating the launch date haha
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May 02, 2018, 05:31:18 AM
 #14

There are certainly things heating up between https://cointelegraph.com/news/winklevoss-twins-crypto-exchange-gemini-to-begin-block-trading-with-btc-eth and also https://www.investopedia.com/tech/crypto-what-are-nasdaq-winklevoss-twins/ ..If I can quote :

" the digital currency exchange announced a new partnership with Nasdaq in an effort to monitor markets."

"At the same time, Nasdaq CEO  Adena Friedman hinted at the possibility of the foundational stock exchange adopting cryptocurrencies at some point in the future, pending the stability of regulatory efforts that the industry has yet to see realized. The partnership has analysts and cryptocurrency enthusiasts wondering exactly what could be in store for Gemini and if this will be the move that cements the exchange's place as a major player in the crypto space."

Read more: Crypto: What Are Nasdaq, Winklevoss Twins Up To? | Investopedia https://www.investopedia.com/tech/crypto-what-are-nasdaq-winklevoss-twins/#ixzz5EJrTXiYQ
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May 02, 2018, 05:32:08 AM
 #15

Yes, I saw the news just the last two days, and I think it's real news. If Nasdag launched the service in October this year, it would certainly attract a lot of investment money into the market.
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May 02, 2018, 05:34:18 AM
 #16

They've said nothing other than it being an interesting idea if crypto develops. That's no more meaningful than them saying they'll become an exchange for Taylor Swift's turds if she produces enough of them, the demand is there and the SEC regulates her anus.

It's really dull how crypto fans grab a vaguely interested noise and spin it into certifiable fact when it can be unverified with five seconds of reading.

that is how cryptocurrency related news has always worked. nobody cares much about facts they only see the front and judge the book by the cover. additionally people have been programmed to only care about the possible effects of the news on the price instead of checking the validity of it. so whenever they read a news (positive or negative) the first thing they think about is "how will this affect the price?" and then based on the answer they act in the market => dump due to FUD and FOMO due to good news.

Only Bitcoin
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May 02, 2018, 05:50:43 AM
 #17

Sure, i have read some information about it. But it is only an offer of top managers of Nasdaq. But i believe they sooner or later will launch the BTCs trading.
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May 02, 2018, 06:02:54 AM
 #18

I read an article in October 2018 that the Nasdaq is going to launch the bitcoin exchange, is it really possible?
If Nasdaq really opens the bitcoin exchange, how much do you expect the price of bitcoin to rise this year?

Price could skyrocket this is going to be a big news for 2018, but why did you not put the article where you read that so to avoid gossip and speculation, people want to read or hear it coming straight from the horse's mouth, this is a good news that cannot be ignored.

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CryptoTamer
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May 02, 2018, 06:39:20 AM
 #19

I read an article in October 2018 that the Nasdaq is going to launch the bitcoin exchange, is it really possible?
If Nasdaq really opens the bitcoin exchange, how much do you expect the price of bitcoin to rise this year?
I'm not so sure it will launch in the near future but I'm sure they'll launch it because they will realize what they should do
When crypto demand is higher NASDAQ or other stock exchanges will follow where the market demand will go or they will die
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May 02, 2018, 09:58:30 AM
 #20

that is how cryptocurrency related news has always worked. nobody cares much about facts they only see the front and judge the book by the cover. additionally people have been programmed to only care about the possible effects of the news on the price instead of checking the validity of it. so whenever they read a news (positive or negative) the first thing they think about is "how will this affect the price?" and then based on the answer they act in the market => dump due to FUD and FOMO due to good news.

You are correct. And it's very depressing.

It's mind boggling to me that vast sums can be gained or lost because the masses are too stupid or lazy to read and/or interpret anything correctly. And to stay ahead of the game you have to put yourself in the shoes of the mentally sub par and figure out what they're going to do.
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