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Author Topic: Bloomberg's trading terminals now providing Bitcoin pricing (4/30/2014)  (Read 1865 times)
kireinaha
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April 30, 2014, 11:43:30 PM
 #21

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

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

Who would pay $200,000 for a Berkshire Hathaway.A share? People do! And the beauty of bitcoin is... you don't even need to buy a full share.  

It will hit $50,000, and it will happen faster than anyone here would expect.

Night gathers, and now my bitcoinwisdom watch begins.
pinksheep
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May 01, 2014, 12:08:09 AM
 #22



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.
[/quote]

I'm amazed that it has had no effect whatsoever on the price. Out of all the days I've watched the BTC price, this day seems to have had the least ever movement.

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pinksheep
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May 01, 2014, 12:16:08 AM
 #23



It will hit $50,000, and it will happen faster than anyone here would expect.
[/quote]

Would you like to give us your prediction of how soon this could happen?

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YipYip
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May 01, 2014, 12:16:26 AM
 #24



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.

I'm amazed that it has had no effect whatsoever on the price. Out of all the days I've watched the BTC price, this day seems to have had the least ever movement.
[/quote]

Relax ..its a bear market ..so good news has no effect ...it does not matter a great deal as it is a INFRASTRUCTURAL development

Dont worry it will have an impact ..we are now standing on a 6 foot concrete slab to build our house that is crypto Cheesy

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Ibian
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May 01, 2014, 12:48:13 AM
 #25

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

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!
I like this. Easy to figure out even for muggles and catchy enough to become accepted.

This is obviously excellent news, but I suspect it will take a while before it has a big impact. Not sure how big money moves but I suspect they will want to be very sure of what they are doing first.

Look inside yourself, and you will see that you are the bubble.
jbrnt
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May 01, 2014, 01:08:10 AM
Last edit: May 01, 2014, 03:08:08 AM by jbrnt
 #26

This is serious exposure for bitcoin. Traders may not invest in bitcoin yet. But as they see bitcoin prices climb, more and more would consider bitcoin as a serious asset to hold.
w0lverine
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May 01, 2014, 01:17:12 AM
 #27

First xapo debit card now bloomberg. That is quite refreshing after the whole chinese mumbo jumbo

A free world that we are in control of. In the Bitcoin space since 2013.
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dannyspk
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May 01, 2014, 01:22:07 AM
 #28

I just love how everything is forming up.. all the good news and yet the price remains stagnant.
w0lverine
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May 01, 2014, 01:39:47 AM
 #29

I just love how everything is forming up.. all the good news and yet the price remains stagnant.

Maybe like a sling, its building momentum and then... To the moon  Grin

Quality TA right there

A free world that we are in control of. In the Bitcoin space since 2013.
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Mayuyu48
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May 01, 2014, 12:16:39 PM
 #30

this is cool, thanks to bloomberg who provide BTC pricing
i hope many people will aware about bitcoin presence, especially someone with economic background

tins
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May 01, 2014, 12:18:29 PM
 #31



We need to make sure that some people actually use btc to pay for service.
If they can show a bump in profit due to the acceptance of bitcoin, other companies will be more likely to follow suit.
Mythul
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May 01, 2014, 12:41:58 PM
 #32

I just love magical internet money.

One serious question, if BTC reaches $50.000 / coin, why sell then since it would probably be less volatile with lots of infrastructure & services.

If it reaches that level it would be on par/better with/than fiat, gold...
pinksheep
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May 01, 2014, 12:44:31 PM
 #33


One serious question, if BTC reaches $50.000 / coin, why sell then since it would probably be less volatile with lots of infrastructure & services.

If it reaches that level it would be on par/better with/than fiat, gold...
[/quote]

I agree  -  if it reaches $50,000, we won't need to sell Smiley

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May 01, 2014, 12:50:18 PM
 #34

This is a good thing for sure.  I've seen many stories from Bloomberg on Bitcoin in the past so this seems very logical to me and others I'm sure.
pinksheep
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May 01, 2014, 01:05:48 PM
 #35

It's good news, but seems like it's going to take more than that to shift the price. I wonder what more is needed to achieve that?  Grin

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Ibian
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May 01, 2014, 01:26:25 PM
 #36



We need to make sure that some people actually use btc to pay for service.
If they can show a bump in profit due to the acceptance of bitcoin, other companies will be more likely to follow suit.
Overstock already did that. Increased profits from accepting bitcoin.

Look inside yourself, and you will see that you are the bubble.
pinksheep
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May 01, 2014, 01:26:30 PM
 #37

http://blogs.marketwatch.com/thetell/2014/04/30/could-bitcoin-prices-on-bloomberg-terminals-spur-investments/

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BitchicksHusband
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May 01, 2014, 01:39:48 PM
 #38

I just love magical internet money.

One serious question, if BTC reaches $50.000 / coin, why sell then since it would probably be less volatile with lots of infrastructure & services.

If it reaches that level it would be on par/better with/than fiat, gold...

Diversity.  Even when bitcoin takes off like that, it's still better to diversify to protect your wealth.

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