Bloomberg To Launch a Crypto Index, Thanks Ned

in #news7 years ago

Is it a coincidence that after @ned was on bloomberg tv that they are now launching a crypto index... probably. But hey I am going to give him credit. This a good idea for bloomberg, if you look at the alexa ranking or coinmarketcap.com it is in the top 200 sites in the world. Kinda high. And of course this is big news for the crypto world, yet another big player that is throwing his hat in the ring. And it is not just Bloomberg as this is a partnership with Galaxy Digital Capital Management which is run by a billionaire who made his money from trading. More good news.

It may be too early to tell but it really is looking like we are in the next wave of people coming in that were too worried before hand. This will lead to more capital and, more importantly, trust in cryptocurrency. I think during this summer we are going to see another crazy rush, maybe sooner, but this is not investment advice. We will see how things go after the conference next week

So thank you Ned, please go visit some banks and billionaires when you get the chance to help push this along :p

Here is the link for more info:
https://www.coindesk.com/bloomberg-partners-with-novogratz-to-launch-crypto-index/

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I think during this summer we are going to see another crazy rush, maybe sooner, but this is not investment advice. We will see how things go after the conference next week

There as been so many speculations about summer and what was predicted was high rise. Of course there would be a high rise as long as more whale in the making would come into crypto as a whole . We all look forward to the outcome of the conference. Thanks for sharing this positive thought

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Quite good looking, don't you think?

Have a look. I hope this information is helpful.

Ned appearing on bloomberg led to this index?! Then why isnt steem on the index? And the bloomberg terminal costs 20k dollars annually. Then dont need to show a bitcoin index. Its not cost to them and will never make them any money and no institutional capital is going to come in because of an arbitrary index. What BS!

I can build an index of temperatures in 10 cities, doesnt mean people will start trading weather linked derivatives.

I read earlier that Facebook might start their very own block chain now Bloomberg is starting a crypto index. I think the trust in the crypto world increasing. I read of a Chinese investor that just bought 10,000 bitcoin

Bring it to he masses!

This definitely helps I feel. Any exposure like this helps. I know I’ll be sending the link to his interview to friends and family I’ve been trying to wrangle in.

Good news! Do I hear new asset class?

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This is exactly what the cryptocurrency world needs for widespread implimentation of decentralized value. Bloomberg has a powerful reputation in the world of finance. Perhaps @ned's representation will give people who fear cryptocurrencies a sense of ease to get them spreading the message of its ability to be useful to the lives of ordinary individuals..

This is exactly what will go to improve the cryptos to aother rea of innovations which will win? as many as airdrops are going on now

This airdrop business is new to. I need to do more research indeed..

yeah it is

Great that @Ned just made it on Bloomberg! Tremendous exposure to Steem! Really looking forward to when Steem takes over Facebook!

@whatageek

Bitcoin has the right balance of pros and cons. That's why it's so popular.

Thank your for your information

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Can't give any credit to Ned. But otherwise the sentiments are all correct