Post
Topic
Board Bitcoin Discussion
Re: Geeks and Wallstreet
by
realnowhereman
on 08/06/2011, 15:39:10 UTC
My personal opinion is that when wall street truly gets it, the bitcoin speculative bubble will make the internet bubble look tiny in comparison.

True, but they won't be happy the 1-block-per-ten-minute throttle will effectively kill any attempt to build a High Frequency Trading system. I on the other hand, am ecstatic about that fact.


Within an exchange, trades are not done on the bitcoin block chain, so there is no ten-minute limit.

It's not inconceivable that should Wall Street get involved, that multiple exchanges will get together and have credit agreements that allow you to transfer between them instantly too -- again outside the block chain.