A threat to Wall Street

[CryptoCurrencyInc.com]

A threat to Wall Street
http://www.marketwatch.com/story/this-bitcoin-alternative-is-a-threat-to-wall-street-2014-12-04

[xmasdobo]

These wall street hyenas have 2 options:

1) Join Bitcoin
2) Lose the train and get engulfed by it

[bornil267645]

Sooner or later, Wall street will dig in Bitcoin. But will that open new doors for big scam?

[LiteCoinGuy]

Sooner or later, Wall street will dig in Bitcoin. But will that open new doors for big scam?

everything will scale up:

market cap
scams
jobs
price

[newflesh]

A threat to Wall Street
http://www.marketwatch.com/story/this-bitcoin-alternative-is-a-threat-to-wall-street-2014-12-04

If Wall Street wants to stay relevant then it's in their interest to adopt Bitcoin. Will be interesting to see how they react once btc becomes more popular with joe public.

[TheMage]

These wall street hyenas have 2 options:

1) Join Bitcoin
2) Lose the train and get engulfed by it

I'm pretty sure that we are already seeing these scavengers now. Playing tricks with the market and fooling around with things like 50x leveraging and derivatives trading on exchanges that honestly have no business doing these types of things, affecting the price in negative ways.

[Connor936]

Nothing in the financial industry is a threat to wall street. They are liquidity providers not liquidity takers. Everyone in bitcoin is waiting for wall street to come because everyone knows that when that day finally comes where wall street is super bullish on bitcoin.......................


MOOOON!!

[TheMage]

Nothing in the financial industry is a threat to wall street.They are liquidity providers not liquidity takers.  Everyone in bitcoin is waiting for wall street to come because everyone knows that when that day finally comes where wall street is super bullish on bitcoin.......................


MOOOON!!

Exactly

Although I do not share your optimism with the other part. Do you really want the same people that mucked with the US dollar to muck with cryptos?

[Daniel91]

Nothing in the financial industry is a threat to wall street.They are liquidity providers not liquidity takers.  Everyone in bitcoin is waiting for wall street to come because everyone knows that when that day finally comes where wall street is super bullish on bitcoin.......................


MOOOON!!

Exactly

Although I do not share your optimism with the other part. Do you really want the same people that mucked with the US dollar to muck with cryptos?

I also hope that Wall street people stay away from bitcoin. We don't need their dirty tricks here.

[tins]

These wall street hyenas have 2 options:

1) Join Bitcoin
2) Lose the train and get engulfed by it

I see the majority joining in at some point. They care about one thing...making money! That's it. There is money still on the table with BTC and these operations are ruthless. They could care less whether it is a Ponzi or the technology waive of the future, if there is money to be made, they will jump on it. Nothing else matters.

[bitcoinmining]

Wall Street have never missed the train, probably it's not open to the public; but they have already joined Bitcoin and started making some sweet money from here...

[Sumo]

Do you think its possible Wall Street starts using blockchain tech to run the stockmarket?

[DGulari]

A threat to Wall Street
http://www.marketwatch.com/story/this-bitcoin-alternative-is-a-threat-to-wall-street-2014-12-04

The real story is that MainSafe did an IPO, raised a shitload of money, continues to trade actively today - all without a single fucking Wall Street lawyer or banker or the SEC. 

That is an incredible feat for sure.  Elimination of Wall Street manipulations and crooked bankers is what is really going on.  MaidSafe did it with huge balls.  Their public offering was remarkable.  The press can't even figure out how they accomplished that. 

Cryptocurrency - brilliant.  Wall Street - finish.

[picolo]

A threat to Wall Street
http://www.marketwatch.com/story/this-bitcoin-alternative-is-a-threat-to-wall-street-2014-12-04

The real story is that MainSafe did an IPO, raised a shitload of money, continues to trade actively today - all without a single fucking Wall Street lawyer or banker or the SEC. 

That is an incredible feat for sure.  Elimination of Wall Street manipulations and crooked bankers is what is really going on.  MaidSafe did it with huge balls.  Their public offering was remarkable.  The press can't even figure out how they accomplished that. 

Cryptocurrency - brilliant.  Wall Street - finish.

Some investment banks give a service much needed to do financial transactions following the complicated laws.

[TrailingComet]

I am a big fan of btc but think it will be a few years yet before it meaningfully competes with wall street
Wall street is pretty good at late adopting at scale to avoid being sidelined

[picolo]

I am a big fan of btc but think it will be a few years yet before it meaningfully competes with wall street
Wall street is pretty good at late adopting at scale to avoid being sidelined

A few years is nothing. If more people thought it was likely that Bitcoin competes with Wall Street in a few years the price would be closer to 10,000$ than 1000$

[Q7]

Sometimes I just wonder whether they should stay away for the good of bitcoin. If they can mess up fiat just like what has been done right now, it can still happen the same with bitcoin, even though you might argue crypto coins work different. Eventually for these Wall Street, the only thing that matters is filling money into their pocket. Nothing else....

[smoothie]

Wall Street = Giant Casino

Bitcoin = Casino that resides outside of the broken financial system.

[TheMage]

Wall Street = Giant Casino

Bitcoin = Casino that resides outside of the broken financial system.

Unfortunately this is a true statement. There are still a lot of good people fighting the good fight but when it boils down to it, it seems that people are more interested in lining their own pockets then bringing about adoption. Maybe I'm wrong who knows? This is just my personal feelings.

[DGulari]

I am a big fan of btc but think it will be a few years yet before it meaningfully competes with wall street
Wall street is pretty good at late adopting at scale to avoid being sidelined

You might not consider the MaidSafe IPO as meaningful competition, but facts are facts.  Competition has started.  MaidSafe did a major IPO.  Shares are traded daily on an active market.  MaidSafe funded themselves and distributed shares - with no lawyers and no bankers and no outrageous fees.  Don't you worry, there will soon be another company going down the same path, then another, then another.  Then you'll have your meaningful competition.  But for now, the system is active and being used.  The damn thing works!!!