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Bloomberg's Trading Terminals Now Providing Bitcoin Pricing

Posted by Unknown on from the internet-people-taking-over-world dept.

New submitter Raystonn (1463901) writes "Bloomberg has announced the release of Bitcoin support in their trading terminals, used worldwide by over 320,000 trading professionals. The market makers of the world will now have instant access to immediate Bitcoin prices on an industry-standard trading platform. This places the virtual currency before the eyes of the movers and shakers of most of the world's money supply as they decide where to invest their USD holdings."

5 of 119 comments (clear)

  1. I wonder by Anonymous Coward · · Score: 4, Insightful

    I always wonder what the vitriol against BitCoin comes from. I mean, its completely optional. You don't need to be involved at all. However from a technical viewpoint it is a very very clever system. I really don't understand why people get so upset. Is it because people are making money off of it?

    1. Re:I wonder by ArcadeMan · · Score: 3, Insightful

      Everybody who's against Bitcoin is mad because they didn't mine it in the early days.

      --
      Get free satoshi (Bitcoin) and Dogecoins
    2. Re:I wonder by medv4380 · · Score: 3, Insightful

      You say that it's "optional", but it's not. If you view it as a scam investment like Tulip Bulbs that can bankrupt people you warn people away from it in some vain attempt to save them before they are ruined by it. It's not optional because when friends and family are dupt into it, and loose their shirt it's going to hurt you even if you didn't personally invest one penny in it.

    3. Re:I wonder by Anonymous Coward · · Score: 2, Insightful

      It's not optional because when friends and family are dupt into it, and loose their shirt it's going to hurt you even if you didn't personally invest one penny in it.

      By that reasoning NOTHING is optional. Skiing "isn't optional" because a family member could break a leg and place their burdens on you.

  2. Re:What's the point of this? by Anonymous Coward · · Score: 3, Insightful

    I seem to remember that the Silk Road 2 had Bitcoins stolen after some cracker visit and were putting on a plan for getting able to reimburse their customers.

    That seems more respectable and responsible than the "we will not be able to continue paying top bonuses to our mismanagers unless the public bails us out" regular banks. The banks are acting like modern-day robber barons.