2013-12-11 DealBook NY Times: Bitcoin Believers See a Role for Wall Street

[BitChick]

http://dealbook.nytimes.com/2013/12/11/bitcoin-believers-see-a-role-for-wall-street/

Super Bullish I believe.

The best quote:

Mr. Silbert, the entrepreneur behind the Bitcoin fund, said another large player was getting involved in a Bitcoin venture.

“There’s a very large fund family that’s launching one soon that’s not yet public,” he said.

Very interesting! 

[marcus_of_augustus]

yes I too can "see a role for wall st." ...

[BitChick]

In response to the BofA price of $1300 for BTC the article says:

That report “woefully undervalued” Bitcoin, Mr. Allaire said.

At least someone "get's it" out there!

[beetcoin]

i thought that it might be a major retailer that would be the impetus to btc's next rally, but it could be wall streeters next. i prefer them to sit it out a bit long. the longer they have to wait, the less they can spoil BTC for the rest of us.

[empoweoqwj]

http://dealbook.nytimes.com/2013/12/11/bitcoin-believers-see-a-role-for-wall-street/

Super Bullish I believe.

The best quote:

Mr. Silbert, the entrepreneur behind the Bitcoin fund, said another large player was getting involved in a Bitcoin venture.

“There’s a very large fund family that’s launching one soon that’s not yet public,” he said.

Very interesting! 

Excellent. The more funds (of any kind) that get set up around bitcoin, the more money pours in, the quicker we get to $2000 to $3000 a coin.

[LiteCoinGuy]

probably, but what i like even more: if big money goes into bitcoin (wall street etc), its more likely that we see positive regulation around BTC and LTC. money makes the laws, especially in the US and UK.

and i would love to see more exchanges, services etc

[empoweoqwj]

probably, but what i like even more: if big money goes into bitcoin (wall street etc), its more likely that we see positive regulation around BTC and LTC. money makes the laws, especially in the US and UK.

and i would love to see more exchanges, services etc

Yeah, exchanges are quite "thin on the ground" in the US and UK unfortunately 

Whatever happened to all those US companies that were planning to launch exchanges after becoming "AML compliant" (or whatever the phrase is). Did they give up because it costs too much?

[hieroglyph]

Can't get better then this if you ask me.  Wall Street is what I call a serious player lol...
Kind of a good sign from my point of view.  I could be overstating it but hey I don't yet see how one can consider this a bad thing.

[stompix]

http://dealbook.nytimes.com/2013/12/11/bitcoin-believers-see-a-role-for-wall-street/

Super Bullish I believe.

The best quote:

Mr. Silbert, the entrepreneur behind the Bitcoin fund, said another large player was getting involved in a Bitcoin venture.

“There’s a very large fund family that’s launching one soon that’s not yet public,” he said.

Very interesting! 

Excellent. The more funds (of any kind) that get set up around bitcoin, the more money pours in, the quicker we get to $2000 to $3000 a coin.

You know , bitcoin price going up , doesn't imply good things happening to bitcoin.

[stompix]

Can't get better then this if you ask me.  Wall Street is what I call a serious player lol...
Kind of a good sign from my point of view.  I could be overstating it but hey I don't yet see how one can consider this a bad thing.

Took a moment to laugh at the serious part.
If those guys get on board , at least we will won't be crying "manipulation" without reasons.

[empoweoqwj]

Can't get better then this if you ask me.  Wall Street is what I call a serious player lol...
Kind of a good sign from my point of view.  I could be overstating it but hey I don't yet see how one can consider this a bad thing.

Took a moment to laugh at the serious part.
If those guys get on board , at least we will won't be crying "manipulation" without reasons.

The bitcoin price has been manipulated since day 1. Wall St won't know what hit them 

[stompix]

Can't get better then this if you ask me.  Wall Street is what I call a serious player lol...
Kind of a good sign from my point of view.  I could be overstating it but hey I don't yet see how one can consider this a bad thing.

Took a moment to laugh at the serious part.
If those guys get on board , at least we will won't be crying "manipulation" without reasons.

The bitcoin price has been manipulated since day 1. Wall St won't know what hit them 

I don't think they will be the ones getting hit. More likely the ones doing the hitting.

[marcus_of_augustus]

Good point .. most of those guys have lived in a fairy-tale manipulated cotton-wool markets.

They are gonna be handed heads on plates when they enter a real free market ... bitcoin is some wild-ass shit when it comes to trading that is for sure. Not to mention you never know when the whole exchange is going to disappear from under you ... they think it is easy ... uh-huh, fresh meat

[stompix]

Good point .. most of those guys have lived in a fairy-tale manipulated cotton-wool markets.

They are gonna be handed heads on plates when they enter a real free market ... bitcoin is some wild-ass shit when it comes to trading that is for sure. Not to mention you never know when the whole exchange is going to disappear from under you ... they think it is easy ... uh-huh, fresh meat

I don't think mister  .io would have run away with the money of a wall street guy that could afford to have a helicopter crashed on his head in any country in this world.

[empoweoqwj]

Good point .. most of those guys have lived in a fairy-tale manipulated cotton-wool markets.

They are gonna be handed heads on plates when they enter a real free market ... bitcoin is some wild-ass shit when it comes to trading that is for sure. Not to mention you never know when the whole exchange is going to disappear from under you ... they think it is easy ... uh-huh, fresh meat

I don't think mister  .io would have run away with the money of a wall street guy that could afford to have a helicopter crashed on his head in any country in this world.

I think we should add "allegedly" to that statement, as "mister io" claims he was hacked, and having dealt with him personally over a support issue, I don't believe a word he says 

[stompix]

Good point .. most of those guys have lived in a fairy-tale manipulated cotton-wool markets.

They are gonna be handed heads on plates when they enter a real free market ... bitcoin is some wild-ass shit when it comes to trading that is for sure. Not to mention you never know when the whole exchange is going to disappear from under you ... they think it is easy ... uh-huh, fresh meat

I don't think mister  .io would have run away with the money of a wall street guy that could afford to have a helicopter crashed on his head in any country in this world.

I think we should add "allegedly" to that statement, as "mister io" claims he was hacked, and having dealt with him personally over a support issue, I don't believe a word he says 

Any news on how the hunt for the lost city fortress is going?
Haven't seen anything lately.

[kjlimo]

probably, but what i like even more: if big money goes into bitcoin (wall street etc), its more likely that we see positive regulation around BTC and LTC. money makes the laws, especially in the US and UK.

and i would love to see more exchanges, services etc

Yeah, exchanges are quite "thin on the ground" in the US and UK unfortunately 

Whatever happened to all those US companies that were planning to launch exchanges after becoming "AML compliant" (or whatever the phrase is). Did they give up because it costs too much?

  There are several (see my signature).  I use them daily.

[empoweoqwj]

probably, but what i like even more: if big money goes into bitcoin (wall street etc), its more likely that we see positive regulation around BTC and LTC. money makes the laws, especially in the US and UK.

and i would love to see more exchanges, services etc

Yeah, exchanges are quite "thin on the ground" in the US and UK unfortunately  

Whatever happened to all those US companies that were planning to launch exchanges after becoming "AML compliant" (or whatever the phrase is). Did they give up because it costs too much?

 There are several (see my signature).  I use them daily.

Taking of your sig, I can't see your 4th line. And I'm running on a wide-ass Mac monitor. Could just be me but I suspect your 4th line is one line too many for many browser set ups ......... what does the 4th line say?

[stompix]

probably, but what i like even more: if big money goes into bitcoin (wall street etc), its more likely that we see positive regulation around BTC and LTC. money makes the laws, especially in the US and UK.

and i would love to see more exchanges, services etc

Yeah, exchanges are quite "thin on the ground" in the US and UK unfortunately  

Whatever happened to all those US companies that were planning to launch exchanges after becoming "AML compliant" (or whatever the phrase is). Did they give up because it costs too much?

 There are several (see my signature).  I use them daily.

Taking of your sig, I can't see your 4th line. And I'm running on a wide-ass Mac monitor. Could just be me but I suspect your 4th line is one line too many for many browser set ups ......... what does the 4th line say?

I can barely hover over his 4th line , and it has a ref link to  sealswithclubs.
27" monitor and can't see it all.

[LiteCoinGuy]

probably, but what i like even more: if big money goes into bitcoin (wall street etc), its more likely that we see positive regulation around BTC and LTC. money makes the laws, especially in the US and UK.

and i would love to see more exchanges, services etc

Yeah, exchanges are quite "thin on the ground" in the US and UK unfortunately  

Whatever happened to all those US companies that were planning to launch exchanges after becoming "AML compliant" (or whatever the phrase is). Did they give up because it costs too much?

on the one hand, it costs alot to do all AML and KYC rules and on the other hand it just takes time! so fincen sent the letters out about 5-6 month ago? we just have to be patient. just in the last 10 month so much stuff happend...crazy.

and also the "next generation" of exchanges and wallets are comming: circle.