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Author Topic: Crypto Brokerage  (Read 1095 times)
Snax (OP)
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July 04, 2014, 12:06:42 AM
 #1

Why isn't there a real bitcoin brokerage yet? Googling bitcoin brokerage gets you this website who's UI designer apparently committed suicide half way through the project.

Bitfinex or one of the higher-end exchanges could probably open a proper broker service so normal people could buy and sell cryptocurrencies without having to be verified on an exchange. Making difficulties is not how one makes popularity. Ease of use is essential for growing the crypto realm. Currently you cannot use bitcoin like cash, because you cannot get your hands on bitcoin half as easily as you can cash, or even stocks. So why isn't this being done already?

If I'm wrong and blind and just haven't seen the massive crypto brokerage, then I apologize and would like to formally apply to be a broker lol. I have verified accounts on ten major exchanges and have a very successful day-tradding career with crypto, doing mostly arbitrage trading but also investment planning for others and accurate predictions on asset prices for long term investments. If other people are interested in this, can we work together lol?
theblacksquid
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July 04, 2014, 01:19:56 AM
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I can't see where you said that its easier to buy stock than BTC. Maybe its just how it is in the Philippines, but buying BTC is actually quite easy assuming you know how to use a computer.

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Malin Keshar
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July 04, 2014, 01:34:06 AM
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Brokeragers and stuff exist because the stock market is strongly regulated and only autorized people can trade them.  With bitcoin there is no such restrictions, and you can buy bitcoins person to person if you don't want to use exchanges, what you can't do with stocks.

About investment funds with bitcoins, I think its a good idea, and an unexplored market, since crypto trading can be very profitable
theblacksquid
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July 04, 2014, 01:36:57 AM
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Brokeragers and stuff exist because the stock market is strongly regulated and only autorized people can trade them.  With bitcoin there is no such restrictions, and you can buy bitcoins person to person if you don't want to use exchanges, what you can't do with stocks.

About investment funds with bitcoins, I think its a good idea, and an unexplored market, since crypto trading can be very profitable

I agree, it'll also give people regulated out of the system access to the capital markets.

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Denise520
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July 04, 2014, 02:08:25 AM
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I agree with you. Smiley
Snax (OP)
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July 04, 2014, 07:59:16 AM
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So we're all in agreeance that good things could come of this lol?
franky1
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July 04, 2014, 08:06:27 AM
 #7

localbitcoins.com the worlds best bitcoin brokerage system.

if a single company were to be a broker and have a broker business.. because their touching fiat then licence fee's will hit them. but local bitcoins is a person to person brokerage system.

if your talking investment brokers, please look at winklevoss as a legit broker, though its taken them over a year to get the licences and pirate@40 for illegal brokers though its taken a year to get him to court. thus announcements and news has been lacking.

anything else is just a exchange

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
rext
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July 04, 2014, 08:41:15 AM
 #8

Yeap connecting people for buy/sell purposes Cheesy
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