[2014-11-28] Wall Street Daily: Bitcoin Accepted Into the Mainstream

[botany]

Bitcoin Accepted Into the Mainstream

http://www.wallstreetdaily.com/2014/11/28/bitcoin-currency/

We are a country that embraces technology. And a currency that is easy to trade and can be transacted 24/7 in any location, perfectly suits those ideals.

So it shouldn’t come as a surprise that the institutional and retail markets have yielded to Bitcoin and accepted it as a viable commodity.

Indeed, whether you like it or not, both Wall Street and Main Street are working to make Bitcoins easier to trade and use for payments.

[CoinMode]

I wouldn't say that something used by 0.2% of the population is mainstream. More people play DOTA 2 than use bitcoin, and if you ask the average person on the street corner about DOTA 2, well, you would usually get more information than if you asked about bitcoin. We've got a long ways to go.

[Lethn]

So it shouldn’t come as a surprise that the institutional and retail markets have yielded to Bitcoin and accepted it as a viable commodity.

Fuck you too Wall Street.

[Mudd]

I wouldn't say that something used by 0.2% of the population is mainstream.

Yeh, exactly. I think it's far too early to say bitcoin has been accepted into the mainstream. When we can spend it on the highstreet or in a mall that's when it will be mainstream.

[Swordsoffreedom]

I wouldn't say that something used by 0.2% of the population is mainstream.

Yeh, exactly. I think it's far too early to say bitcoin has been accepted into the mainstream. When we can spend it on the highstreet or in a mall that's when it will be mainstream.

Yep, if anything we have just past early adoption and are going up the curve again
We still have to pass that 12-15% wall that is going to happen in the future as well.

[mercistheman]

Any publication using the word mainstream & Bitcoin in the same sentence can only help inch it closer to reality.

[cbeast]

Friday is the best day to get financial news stories. They are more likely to be true. Most people don't read on Friday because they are living for the weekend. That's the best time to release bad news and hope it gets ignored. This story is in the Friday edition because only serious people read them.

[cbeast]

Did anyone click the ad at the bottom? There's an ad for a get rich quick book and program. It's about investing in corporate reward programs and claims they are as limited as Bitcoin and have just as much growth potential. It uses many Bitcoin analogies which I find hilarious.

[LiteCoinGuy]

I wouldn't say that something used by 0.2% of the population is mainstream. More people play DOTA 2 than use bitcoin, and if you ask the average person on the street corner about DOTA 2, well, you would usually get more information than if you asked about bitcoin. We've got a long ways to go.

  yeah thats true. we are so damn early, cant believe it. good to be a part of that technology.


@cbeast

cant see any ads because everything is blocked 

[botany]

I wouldn't say that something used by 0.2% of the population is mainstream. More people play DOTA 2 than use bitcoin, and if you ask the average person on the street corner about DOTA 2, well, you would usually get more information than if you asked about bitcoin. We've got a long ways to go.

  yeah thats true. we are so damn early, cant believe it. good to be a part of that technology.

I was feeling bad that I missed the Bitcoin boom,  but maybe the best is yet to come! 

[RobbinHoodz]

Did anyone click the ad at the bottom? There's an ad for a get rich quick book and program. It's about investing in corporate reward programs and claims they are as limited as Bitcoin and have just as much growth potential. It uses many Bitcoin analogies which I find hilarious.

Bless the fool who clicks on that lol!