Bloomberg's trading terminals now providing Bitcoin pricing (4/30/2014)

[Raystonn]

Bloomberg has announced the release of Bitcoin support in their trading terminals, used worldwide by over 320,000 trading professionals. The market makers of the world will now have instant access to immediate Bitcoin prices on an industry-standard trading platform. This places the virtual currency before the eyes of the movers and shakers of most of the world's money supply as they decide where to invest their $USD holdings.

http://www.bloomberg.com/now/2014-04-30/bitcoin-now-bloomberg/

... Regardless of your position, virtual currencies have become increasingly interesting to investors and financial market participants around the world. That’s why we are pleased to announce today that Bloomberg is providing bitcoin pricing to our 320,000+ global subscribers. ...

[pinksheep]

Wonder what the impact of this will be on the price of BTC? I'd imagine, if nothing else, it will result in more people at least having heard of bitcoin & hopefully encourage them to look into what exactly it is & realise that it has potential.

[Serge]

this is a major milestone, bitcoin enters mainstream

[pinksheep]

I agree, it sure look like a major milestone. Hopefully it'll translate into some major price movement soon

[BigMac]

this is major milestone, bitcoin enters mainstream

This is just the beginning. One day we will see the bitcoin price daily in news, just like the gold and forex.

[pinksheep]

sure hope you're right but if it takes power away from the governments, surely they'll never let it happen?

[Asrael999]

just typed it into my terminal
VCCY gives you a Virtual Currency Monitor
It shows the Coinbase and Kraken prices to USD and the Kraken Euro price
(no Bitstamp - yet)
It uses USD per XBT and EUR per XBT
so XBT not BTC

This is not quite the same as having XBT ccy or XBT cmdty , but its a step in the right direction

(for those who dont know ccy and cmdty are short codes in bloomberg for currency and commodity types)

[kireinaha]

This won't have any immediate impact on the market, but rest assured, it will make the upcoming mega bubble even larger as even more will have knowledge and easier access to bitcoin news! 

[BTCtrader71]

Bloomberg has announced the release of Bitcoin support in their trading terminals, used worldwide by over 320,000 trading professionals. The market makers of the world will now have instant access to immediate Bitcoin prices on an industry-standard trading platform. This places the virtual currency before the eyes of the movers and shakers of most of the world's money supply as they decide where to invest their $USD holdings.

http://www.bloomberg.com/now/2014-04-30/bitcoin-now-bloomberg/

... Regardless of your position, virtual currencies have become increasingly interesting to investors and financial market participants around the world. That’s why we are pleased to announce today that Bloomberg is providing bitcoin pricing to our 320,000+ global subscribers. ...

Imagine 1 or 2 years ago, asking whether this would happen, or when. People would probably have said: yeah, maybe in 5-10 years it will happen ....

But those people would have been thinking in terms of linear growth. We're still in exponential growth.

[bananaControl]

Does anyone have any numbers or demographics on the use of these Bloomberg terminals?

[pinksheep]

But those people would have been thinking in terms of linear growth. We're still in exponential growth.
[/quote]

Since I got involved we've been in exponential decline

[Mythul]

Man the next bubble is going to be epic ! 

[pinksheep]

Man the next bubble is going to be epic ! 

Mythul, any predictions about how epic? 

[kireinaha]

Man the next bubble is going to be epic ! 

Mythul, any predictions about how epic? 

How epic? Isn't epic itself good enough? 

[pinksheep]

Epic could be $5,000, $10,000, $50,000 etc

[sgbett]

omg this is terrible FUD. doesn't even mention china once. selling everything.

[UnDerDoG81]

Epic could be $5,000, $10,000, $50,000 etc

I wonder who will pay 50.000 for one single coin? BTC should now be tradet in mbtc to attract more people.

[bananaControl]

Epic could be $5,000, $10,000, $50,000 etc

I wonder who will pay 50.000 for one single coin? BTC should now be tradet in mbtc to attract more people.

Only to then change it to μBTC in two years? No, change it to "bits" once and for all. 100 Satoshis to one bit and 1,000,000 bits to one BTC - perfect!

[BitChick]

Epic could be $5,000, $10,000, $50,000 etc

I wonder who will pay 50.000 for one single coin? BTC should now be tradet in mbtc to attract more people.

I think it is only natural that it will come with time and the increase in price.

I would have thought this news would have bumped up the price a little already though?  I guess it takes time for people to buy, but for those already involved with Bitcoin it seems logical to buy before some more "big players" get in the game.

[YipYip]

this is a major milestone, bitcoin enters mainstream

Agreed