Bitcoin-Like Stock Market Being Developed by OverStock

[bitcoinstarter]

A Bitcoin "like" stock Market is being developed...

http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/

[malaimult]

this is cool. i think this is one step towards bringing bitcoin to the stock markets.

[bitcoinstarter]

this is cool. i think this is one step towards bringing bitcoin to the stock markets.

Agreed. I had to correct what I saw there... not replacing the stock market just a "Bitcoin" like Stock Market but one can assume it will.

[Guido]

loving it

[Zer0Sum]

A Bitcoin "like" stock Market is being developed...

http://www.wired.com/2014/10/overstock-com-assembles-coders-build-bitcoin-like-stock-market/

People seem to think Govt regulation will just go away. It's expanding every day.

And you can't have Govt regulation with anon...
For example, cars are regulated so they are safe... and you can find out who killed your mom in a hit and run...
With any degree on anon you cannot regulate cars... or planes... or your heart transplant team.

Same goes for securities...
Cryptsy is already reporting to the US govt people who trade toy alts like HoboNickels.

I like NXT as a great, usable design...
But wait till the SEC gets around to shutting down the $25,000,000 in ponzi-like asset bubbles on NXT...
People create new asset bubbles by paying stock dividends with older asset bubbles = Ponzi, because no actual revenue.

The only way to do it is completely offshore... you will not take on Wall Street and win.

[BittBurger]

The only way to do it is completely offshore... you will not take on Wall Street and win.

No.  But they can coexist.

[Walter Rothbard]

And you can't have Govt regulation with anon...
For example, cars are regulated so they are safe... and you can find out who killed your mom in a hit and run...
With any degree on anon you cannot regulate cars... or planes... or your heart transplant team.

No problem.  People who want to continue to have government regulation and not have anonymity can stick to using people who are regulated by their government.  You want it, you guys all agree together.  Meanwhile, people who feel that the free market is adequate regulation can stick to that.

[bitcoinstarter]

And you can't have Govt regulation with anon...
For example, cars are regulated so they are safe... and you can find out who killed your mom in a hit and run...
With any degree on anon you cannot regulate cars... or planes... or your heart transplant team.

No problem.  People who want to continue to have government regulation and not have anonymity can stick to using people who are regulated by their government.  You want it, you guys all agree together.  Meanwhile, people who feel that the free market is adequate regulation can stick to that.

It really comes down to what you just said. Good post.

[cbeast]

And you can't have Govt regulation with anon...
For example, cars are regulated so they are safe... and you can find out who killed your mom in a hit and run...
With any degree on anon you cannot regulate cars... or planes... or your heart transplant team.

No problem.  People who want to continue to have government regulation and not have anonymity can stick to using people who are regulated by their government.  You want it, you guys all agree together.  Meanwhile, people who feel that the free market is adequate regulation can stick to that.

It really comes down to what you just said. Good post.

Here we go again. The libertarians are usurping a story and twisting it completely out of context. Nothing in the article said anything about avoiding government regulation. 

[jackpotjoe]

loving it

I agree.... Weve waited a long while for this.

[moriartybitcoin]

There is already a Bitcoin stock market at https://BitSpeculate.com .. trading bitcoin stocks, commodities, even crypto hedge funds

[51percemt]

And you can't have Govt regulation with anon...
For example, cars are regulated so they are safe... and you can find out who killed your mom in a hit and run...
With any degree on anon you cannot regulate cars... or planes... or your heart transplant team.

No problem.  People who want to continue to have government regulation and not have anonymity can stick to using people who are regulated by their government.  You want it, you guys all agree together.  Meanwhile, people who feel that the free market is adequate regulation can stick to that.

It really comes down to what you just said. Good post.

Here we go again. The libertarians are usurping a story and twisting it completely out of context. Nothing in the article said anything about avoiding government regulation. 

Ironically any market that overstock creates would be subject to more regulation then other stock market like entities.

I do think this would be a very interesting project, but they also have a lot of hurdles to overcome.

[cbeast]

It would be prudent to move Overstock's headquarters to a neutral country after they are denied by the bank owned regulators.

[TrailingComet]

I thought Overstock wasn't doing so well. Seems like they are straying from the core business of selling stuff online at the behest of the CEO's obsession with bitcoin