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Bloomberg: Stock Exchanges Are Beginning to Take Bitcoin Seriously

by Joe Mobley
4 replies
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Nasdaq OMX Group Inc. revealed Tuesday that New York-based Noble Markets, a platform for trading bitcoin, has agreed to license Nasdaq's X-stream technology.

Noble is adopting the same software used by securities exchanges around the world, and a related system runs the Nasdaq Stock Market, one of the biggest equity exchanges.

The news follows the New York Stock Exchange's January agreement to invest in Coinbase, another platform for trading the digital currency.
Stock Exchanges Are Beginning to Take Bitcoin Seriously - Bloomberg Business

"Change is ah coming."


Joe Mobley
  • Profile picture of the author seasoned
    Well, it LOOKs like it might be finding support around 240, it is 270 now and going down. But you know how fickle things can be! Late last year, it looked like it was headed to 280.

    Steve
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    • Profile picture of the author Joe Mobley
      I am interested in Bitcoin and other e-currencies for reasons other than investment.

      I recently received a "Personal Information Statement" from my bank. It laid out what, and who they can share my information with. Not only that, the bank and accumulate outside information and combine that to market to others within the law but without my permission.

      (By-the-way, your bank does this too.)

      It looks like that transactions made with e-currencies bypass a lot, if not all of that personal information collection.

      We'll see...

      Joe Mobley
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      • Profile picture of the author seasoned
        Originally Posted by Joe Mobley View Post

        I am interested in Bitcoin and other e-currencies for reasons other than investment.

        I recently received a "Personal Information Statement" from my bank. It laid out what, and who they can share my information with. Not only that, the bank and accumulate outside information and combine that to market to others within the law but without my permission.

        (By-the-way, your bank does this too.)

        It looks like that transactions made with e-currencies bypass a lot, if not all of that personal information collection.

        We'll see...

        Joe Mobley
        Actually, most people claim money is what it is NOT, has NEVER been, and can NEVER be! MONEY is an ANONYMOUS PHYSICAL item exchanged in ANY possible way! Since it can NOT be any other way, and people want convenience and control, the money is STORED in a central location(like a BANK) and a trust relationship allows a virtual exchange through a network of some sort(credit card processor, ACH, checks, banks, etc....)!

        And most people claim bitcoin is what it is NOT! Bitcoin is NOT, and NEVER CAN BE, a fully anonymous and physical form of payment. Bitcoin REQUIRES an exchange.

        It always surprises me when people talk like they can trace money. The government tries that in some criminal cases, and it takes MONTHS to come up with some vague and spotty THEORY. It surprises me when they talk of having to enter details when they DON'T have to enter those details!

        Steve
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  • Profile picture of the author socialentry
    For merchants, bitcoin would be awesome as payment processor.

    No fees
    No bureaucracy.
    No chargebacks

    PS: Paypal deserves to have their assets seized by the UN.
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