BLOOMBERG ADDS BITCOIN CHART

Updated: 05/06/2014 14:05
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bloomberg adds bitcoin chart
Till recently the Bloomberg Manager was rather careful when thinking about cooperating with Bitcoins and wasn't placing the information about the...
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Till recently the Bloomberg Manager was rather careful when thinking about cooperating with Bitcoins and wasn't placing the information about the...

Till recently the Bloomberg Manager was rather careful when thinking about cooperating with Bitcoins and wasn't placing the information about the cryptocurrency on the famous resource. Nevertheless the currency managed to get positioned on the page of the professional service (the Bloomberg Professional Service). From now on every user (there are about 320K of them now) just needs to enter and see for the actual exchange rate from Coinbase and Kraken.

Starting from August 2013 there have been rumours about Bloomberg to be adding Bitcoin. There was some information leakage saying that website staff could have access to the new feature via the terminal. Today this information has been approved and confirmed in the press official press release by Tod Van Name. The author agrees the market of the virtual currency is very contradictory and ambiguous but it is of a great demand from the people. The original goal of Bloomberg is to secure the subscriber with the upright and transparent financial charts. That is Bitcoin chart is now on Bloomberg as well:

"Clients are increasingly interested in Bitcoin and other digital currencies and are looking for tools to better monitor developments in these markets."

The fact Bitcoin chart has appeared on Bloomberg doesn't mean the authorities approve it or not, as Tod claimed. Moreover there's a notification in the content saying that not every country has accepted this crypto-currency. In any case, once anything bad happens, the news will be posted in the correspondign section. Tod also stated the following:

"And while Bitcoin has thus far survived intense media scrutiny, scandal and wild price swings, there certainly is no guarantee that Bitcoin will persevere."

Well... that is true! Nothing can last forever!


About the author

Eric Marriam is a young writer. Even though he is not experienced he is able to make really high quality work. Eric is able to identify a problem people have and break it down, able to appeal to emotion through emotive writing, can change style of writing to cater to different audience. Eric Marriam is able to work creatively and effectively with staff and managers and despite his young age, he proved to be a clear and effective writer and speaker, committed to maintaining quality and efficiency, seeking for professional growth and development.
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