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Author Topic: "Big financial institutions" are interested in the cryptocurrency market  (Read 204 times)
pokxon (OP)
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July 02, 2018, 05:57:03 AM
 #1

Financial institutions called "Big financial institutions" are interested in joining the electronic money market. They are aggressively investing and hiring talented people to set up Bitcoin trading capabilities, estimated at $ 130 trillion, waiting for this market, while the market is just $ 300 billion in value. Major investors are still bitcoin need to overcome their weaknesses such as:
+ Need to fix technical issues such as scalability
+ Need a reputable and secure financial institution to hold their large number of assets. (Good news is Consortium Komainu depository service has been launched and has reduced concerns for investors. private)
+ Legal regulations are not yet clear (30/7) G20 tough and tough statements will be crucial to this market, there will be legal frameworks needed to ensure benefits for investors when entering the market)
+ The trading floors are not really safe and fragmented, the liquidity is poor and the infrastructure is lacking as the volume of transactions that large investors pour into the market is much larger than the current market. (Coinbase, Binance and Huobi have worked very hard over the past few months and upgraded their system better)


What do you think about this?

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Saisher
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July 02, 2018, 06:12:00 AM
 #2

Financial institutions called "Big financial institutions" are interested in joining the electronic money market. They are aggressively investing and hiring talented people to set up Bitcoin trading capabilities, estimated at $ 130 trillion, waiting for this market, while the market is just $ 300 billion in value. Major investors are still bitcoin need to overcome their weaknesses such as:
+ Need to fix technical issues such as scalability
+ Need a reputable and secure financial institution to hold their large number of assets. (Good news is Consortium Komainu depository service has been launched and has reduced concerns for investors. private)
+ Legal regulations are not yet clear (30/7) G20 tough and tough statements will be crucial to this market, there will be legal frameworks needed to ensure benefits for investors when entering the market)
+ The trading floors are not really safe and fragmented, the liquidity is poor and the infrastructure is lacking as the volume of transactions that large investors pour into the market is much larger than the current market. (Coinbase, Binance and Huobi have worked very hard over the past few months and upgraded their system better)


What do you think about this?

We need concrete proof or a trusted article that can prove that this is indeed real, this is big news and will definitely help the cryptocurrency to reach new heights. it's a welcome news to all of us a big breather from the long bear trend.
cryptoking33
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July 02, 2018, 06:14:09 AM
 #3

Financial institutions called "Big financial institutions" are interested in joining the electronic money market. They are aggressively investing and hiring talented people to set up Bitcoin trading capabilities, estimated at $ 130 trillion, waiting for this market, while the market is just $ 300 billion in value. Major investors are still bitcoin need to overcome their weaknesses such as:
+ Need to fix technical issues such as scalability
+ Need a reputable and secure financial institution to hold their large number of assets. (Good news is Consortium Komainu depository service has been launched and has reduced concerns for investors. private)
+ Legal regulations are not yet clear (30/7) G20 tough and tough statements will be crucial to this market, there will be legal frameworks needed to ensure benefits for investors when entering the market)
+ The trading floors are not really safe and fragmented, the liquidity is poor and the infrastructure is lacking as the volume of transactions that large investors pour into the market is much larger than the current market. (Coinbase, Binance and Huobi have worked very hard over the past few months and upgraded their system better)


What do you think about this?

I think that this it is a welcome development for the global cryptocurrency community, it solves the issues of scalability and the news information increases the adoption rate of cryptocurrency. Also with such a depository service launched the issue of large deposits holding will be a thing of the past for private investors of financial institutions.

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pokxon (OP)
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July 02, 2018, 06:19:33 AM
 #4

Financial institutions called "Big financial institutions" are interested in joining the electronic money market. They are aggressively investing and hiring talented people to set up Bitcoin trading capabilities, estimated at $ 130 trillion, waiting for this market, while the market is just $ 300 billion in value. Major investors are still bitcoin need to overcome their weaknesses such as:
+ Need to fix technical issues such as scalability
+ Need a reputable and secure financial institution to hold their large number of assets. (Good news is Consortium Komainu depository service has been launched and has reduced concerns for investors. private)
+ Legal regulations are not yet clear (30/7) G20 tough and tough statements will be crucial to this market, there will be legal frameworks needed to ensure benefits for investors when entering the market)
+ The trading floors are not really safe and fragmented, the liquidity is poor and the infrastructure is lacking as the volume of transactions that large investors pour into the market is much larger than the current market. (Coinbase, Binance and Huobi have worked very hard over the past few months and upgraded their system better)


What do you think about this?

We need concrete proof or a trusted article that can prove that this is indeed real, this is big news and will definitely help the cryptocurrency to reach new heights. it's a welcome news to all of us a big breather from the long bear trend.
I heard this news from my friends and I gave my opinion on some of the current weaknesses of the market.

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July 02, 2018, 06:28:05 PM
 #5

Of course they are interested because there are a huge money involved in Bitcoin and other cryptocurrencies and they've already seen what was the market of it even though it's so unpredictable.

I'm getting curious to who's this 'talented people' that can set up trading capabilities because they are the real issue here as they will choose which coin is best to invest for the future, $130 trillion is no joke if that will be the market capitalization of cryptocurrency, if it will really reach that point then the price of Bitcoin would become $3 million+ each, how I wish that it will happen as I have currently holding a little bit of crypto.



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July 02, 2018, 06:34:15 PM
 #6

You should also post here thenproof where yoi have read or where you got that information. This is a great news since some big financial institutions are starting to see the potential of block chain technology and cryptocurency on businesses.
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July 02, 2018, 07:06:33 PM
 #7

Its a relief that big financial organizations are coming to realize the potential of cryptocurrency. If more of like these company join with crypto then I would say Crypto has a very bright future and it will be very soon.
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July 02, 2018, 08:34:55 PM
 #8

Yes, Big financial institutions are ineterested a lot. They are just waiting for the opportune time and once that happens crypto will grow at a faster rate.
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July 02, 2018, 08:57:16 PM
 #9

The question is when exactly institutional investors will start investing in the crypto market. My hypothesis is: this will not happen before the adoption of crypto currency legislation in the US, Russia, China, European countries.
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July 05, 2018, 12:13:02 PM
 #10

That's a great news. With the involvement of this big institution, more exposure of cryptocurrency is going to occur. This will bring a good change in the market.
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July 05, 2018, 04:18:00 PM
 #11

The market of crypto currency started with just one coin called bitcoin and now there are more than fifteen hundred coins that operating in this market. Seeing the popularity of this market, different types of institutions even the governments of different countries are also coming here. This will help the market to be more popular.
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July 05, 2018, 04:44:02 PM
 #12

We are in the digital world and no institution can prevent that from happening so the smarter ones will move in the same direction so that they can keep up with development. But the myopic and robotic ones will be left behind.Cryptocurrency is set to bloom to all the corners of the world.
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July 05, 2018, 04:47:17 PM
 #13

This is a welcome note and this would definitely have some good impact in crypto market. if these big institutions transact crypto and the crypto market would cherish and boom. I think the institutions are considered to be a corporate and corporate intervention and partnership would make the crypto market boom in the coming days.
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July 05, 2018, 04:53:53 PM
 #14

They should be. If not, they would be left behind. Almost all businesses want a piece of the cryptocurrency action because that's the smart move. These big financial institutions didn't become big by stagnating.

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July 05, 2018, 04:59:31 PM
 #15

And then, still interested, they are not stupid and see where the money is spinning and everyone understands, so they definitely want to succeed,and understand that the prospects will be great, and so they want to succeed and buy too at very good prices, because then the prices will fly into space,and already such sweet will not be as now, so I can say one thing,they are more globally

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July 05, 2018, 05:15:36 PM
 #16

Financial institutions called "Big financial institutions" are interested in joining the electronic money market. They are aggressively investing and hiring talented people to set up Bitcoin trading capabilities, estimated at $ 130 trillion, waiting for this market, while the market is just $ 300 billion in value. Major investors are still bitcoin need to overcome their weaknesses such as:
+ Need to fix technical issues such as scalability
+ Need a reputable and secure financial institution to hold their large number of assets. (Good news is Consortium Komainu depository service has been launched and has reduced concerns for investors. private)
+ Legal regulations are not yet clear (30/7) G20 tough and tough statements will be crucial to this market, there will be legal frameworks needed to ensure benefits for investors when entering the market)
+ The trading floors are not really safe and fragmented, the liquidity is poor and the infrastructure is lacking as the volume of transactions that large investors pour into the market is much larger than the current market. (Coinbase, Binance and Huobi have worked very hard over the past few months and upgraded their system better)


What do you think about this?
Large companies have begun to see great potential in blockade technology and cryptocurrencies. This is a very good news that would have to lift the crypto market to a new level.

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July 05, 2018, 05:20:27 PM
 #17

Why is this such a surprise? Course now that they see the potential and on top of that how the price can vastly increase they are going to be licking their lips to get into crypto.
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July 07, 2018, 02:15:10 PM
 #18

I am very pleased to read that the big financial institutions are interested in entering the cryptocurrency market, the market has been going through a very bad period for several months and this would be a very positive sign. I think that regulation of the sector is urgently needed to facilitate the entry of these investors and good market development
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July 07, 2018, 02:23:07 PM
 #19

The crypto space needs more investors, the general public is not enough to sustain the markets. We need these financial institutions as well as venture capitalist to drive new money and get the wheels of this train running. In turn, they will get the profit they are looking for and we the majority will be able to see more growth.
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July 08, 2018, 09:18:32 PM
 #20

It’s a good news for this market. Nowadays there are so many big names and big institutions are connecting with this market. Because they feel this market has a great future. I believe in near future all countries are also accept this market.
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