Bitcoin BIG News: Moscow Stock Exchange Prepares to Trade Bitcoin

in #bitcoin7 years ago (edited)

Bitcoin mass adoption - It's happening!


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Today there was a big surge in Bitcoin price - from around $4300 up to $4600 in around 30 minutes, which gave us new All Time High. Many investors looked for the reason of the price increase but as always - some knew earlier than others.

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According to news.bitcoin.com the Moscow Stock Exchange is currently building an infrastructure to trade Bitcoin and other cryptocurrencies, derivatives and exchange-traded funds (ETFs) based on them.

In my opinion this is huge news because it shows that Bitcoin and other cyrptocurrencies are finally getting attention they deserve. Wide adoption is coming and the big boys from the financial world are finally realizing how much potential this market has.

Please note that it happens not only in Russia - according to bloomberg Bitcoin options will be available this fall on the American market:

The U.S. Commodity Futures Trading Commission granted LedgerX LLC, a cryptocurrency trading platform operator, registration as a clearing house for derivatives contracts settling in digital currencies

source: https://www.bloomberg.com/news/articles/2017-07-24/bitcoin-options-to-become-available-in-fall-after-cftc-approval

So, probably more speculation and price volatility for BTC but also big money coming in. Let's hope that in the long run it will stabilize the price at around... $100k ;)

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Always telling that nothing can stop bitcoin and bitcoin to the sky!!

Tipu, good new indeed. However this seems to be at odds with the recent story that Russia will only approve Bitcoin investing for qualified citizens.. followed upvoted and resteemed

It's probably only paperwork, in Europe you have to answer a stupid test to operate with financial products.

Yeah, there was some news about it but you can't block Bitcoin so... it's probably some stupid legislation law that won't pass anyway.

Fantastic news, thanks for sharing. I'm in a power down cycle now to convert some of my Steem to BTC and other alts. Looks like my timing is good.

It's a good day to have Bitcoin :) Upvoted and followed. Please support me also if you wish, I have published two articles recently on BTC. Respectfully I won't link it here, but check it out if you feel inclined.

Also Tipped 0.1 :)

Not only did I upvote and resteem this, I even put it on Facebook. You know, the real world!

Upvoted and resteemed!!

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So you saw one comment and its a spam? Anyway yeah, I'll work on this.

perhaps I over-reacted. however it just gave me a lower estimation of the value of your service that it advertised itself in a post about writing good comments, with a very clear example of something that fell into the "bad" category as described in the post. If the message came with a small tip I likely would not have reacted that way

It was intended to be kinda advertisement for the service - but it is already taken down :) So now @tipU will react to tip! ;) only if the user has a deposit. Cheers!

Thank you. I removed my dramatic reaction

Also, silly to be having this discussion here, but I do actually love tipu, it's way nicer than a 1c upvote to be able to easily tip an account with a comment in the post! <3 and obviously you have great customer service.

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