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by jlgreco 4697 days ago
Bloomberg terminals may be unfamiliar to many in this community, but this is a Big Deal(tm). Those things are not cheap to lease, but you can be sure as hell there is a reason serious traders shell out for them.
2 comments

It isn't that big a deal - I worked at a startup that developed its own indicies and we got them listed in Bloomberg pretty quickly even though you could count our users on one hand.

Bloomberg want to track everything. This is the financial equivalent of saying you are now indexed in Google

If anything Bitcoin and the MtGox price is late to Bloomberg.

I think that this move by Bloomberg shows that Bitcoin (and other similar currencies) are becoming legitimate commodities. It may be the case that become they new gold.
Can't pretty much anyone get a keyword on a Bloomberg terminal if you pay enough? Is this a Big Deal(tm) if there's no demand for it?
The way I am reading this is that Bloomberg has decided to add it of their own violation.

Becoming boring and run of the mill is the best thing that could happen to bitcoin. I think this is signalling this transition.

Absolutely. Some company paying Bloomberg to list is quite different from Bloomberg just adding it.

(Also: the word you want is "volition" - "violation" is quite different :-P)

Ah, right you are. I blame my phone keyboard :P