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Main => General Discussion => Topic started by: santaclause102 on August 22, 2014, 09:34:32 am

Title: Wedbush report - Embracing Volatility: Trading as Bitcoin's First Killer App
Post by: santaclause102 on August 22, 2014, 09:34:32 am

https://equities.wedbush.com/clientsite/Research/ActionAlertFilePreview.asp?UUID=6B2CD54D-EFE9-44CC-B741-0E7B9AFCC260&ViewerID=1CE41D7D-B184-45DA-AF98-1334A2E3030F

Well writen, realistic perspective imo.

Quote

We believe traders value volatility as they continue to gravitate to bitcoin trading as an active 24/7 market
uncorrelated with other asset class returns.  [...] conversation with bitcoin traders (and
Wall Street traders trading bitcoin) lead us to believe they see opportunity in a market that has frequent disruptive news flow
and large movements that reflect that news flow.

Quote

Since economic activity (sale of goods & services, money remittance, P2P) is intermingled with trading activity, we
believe the trading activity is helping create the network capacity and monetary base to support the future economic
applications of bitcoin

Title: Re: Wedbush report - Embracing Volatility: Trading as Bitcoin's First Killer App
Post by: CLains on August 22, 2014, 03:16:15 pm

 +5%