Wall Street Starts Trading BitCoin on the Sly

Re:Wall Street Starts Trading BitCoin on the Sly by dspace on Wednesday August 03, 2011 @10:02AM (#2841170)

"He had just sold 400 Bitcoins, he told Betabeat, which he planned to buy back in the morning."

"You can’t do more sophisticated strategies."

Which just shows that the entire finance sector is a side game of the market. Literally a casino with slightly better predictability. They produce nothing. They just move money around to make money. Not surprisingly, they're moving into another side game, less functional and strategic, but less regulated.

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Re:Wall Street Starts Trading BitCoin on the Sly by macavity23 on Wednesday August 03, 2011 @11:42AM (#2841559)

All true, but nonetheless good news for bitcoin, because the government is less likely to shut it down if their Lords and Masters are making money with it.

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