• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Crypto Market Structure Bill: Senate Sources Indicate Draft Release As Soon As Tomorrow
Wall street

Wall Street Meets Bitcoin Boulevard – The World of High-Speed BTC Trading

Evander Smart
by Evander Smart
Last Updated: January 17, 2017 2:33 am
·
Posted in Bitcoin, Bitcoin Exchange, Bitcoin Investment, News, News teaser
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

It would be just lovely to say that Bitcoin is the economic revolution founded and funded by libertarians and economic idealists worldwide. That may have indeed been Satoshi Nakamoto’s vision back in 2008. However, where the rubber meets the road has proven far different than this altruistic vision.


Wall Street Sharks Dive Into Bitcoin

The vast majority of all Bitcoin trades are done by people just for the sake of making a trade, to drive down a price of exchange, or to “beat the street.” To many, Bitcoin is just a new market ripe for market manipulation. Un(der)regulated, global, still growing rapidly, and open 24/7, unlike Wall Street, many Wall Street veterans are taking their narrow skill sets into “The Internet of Money” for maximum gain.

Wall Street

“It’s the golden age to be in the bitcoin market, because it’s imperfect,” Zhou Shuoji, a former IBM technology consultant whose firm, Fintech Blockchain Group, runs a bitcoin hedge fund and venture capital fund, told Bloomberg. “If the market is here and I can see a chance to make money, I will. If the market is gone, I’ll just walk away.”

Let’s face it. The global Bitcoin market is not controlled by China as much as fast-acting day traders from around the world, using the Chinese exchanges for their lack of fees and market access. And this is just the beginning. Wait until the current crop of Wall Street sharks gets into the market, sometime after the Winklevoss Bitcoin ETF under consideration gets approved (due for a resolution on March 11th.)

A Huge Part of the Market Isn’t Even Real

It is estimated that about 95% of all Bitcoin trades are done through the ‘big three’ Chinese exchanges, BTCC, OKCoin, and Houbi. But as much as half of these are “fake trades” to facilitate a lower exchange rate upon withdrawal. The actual trades in China, of any redeemable value, is estimated at less than 50% of the global market.

In the world of economics, many things are not what they appear to be, which is ironic, given the fact that Bitcoin is a “virtual currency” no one has ever actually “held” before. There is the small chance that millions of people around the world are manipulating millions of imaginary trades for something that only exists in their hearts and desires. If someone told you Bitcoin doesn’t exist, they aren’t wrong, but this virtual market sure does.

4

BTC Volatility Will Decrease Over Time

Bitcoin’s values are not nearly as stable as the S&P 500’s, so these people who spend all day analyzing the slightest movement that could make them thousands of dollars are taking on more risk than ever. This type of trader makes up from 60-80% of the Bitcoin trading market, depending on who you talk to. Bitcoin’s relative volatility has actually been a blessing, as more day traders and high-speed sharks have not entered the emerging market yet.

chart-4

It may be only a matter of time. As Bitcoin becomes less and less volatile over time, expect the trading to accelerate, which may create new swings not just in January of every year, but year round. We may be leaving “the Golden Age” of Bitcoin,” as new sharks enter the waters every day. They make nothing, create nothing, but (virtual) money.

Will Wall Street fully jump on board the Bitcoin train? Share your thoughts below!


Images courtesy of Shutterstock, btcvol.info

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Evander Smart

Evander Smart

Follow

Full Profile

Related Posts

Strategy przeniosło 2.45 mld usd

Firma Strategy przeniosła 2.45 mld USD w Bitcoinach do nowych portfeli. Likwidacja czy restrukturyzacja? 

1 hour ago
Saylor

Strategy’s Saylor Says It’s Not The Time To Buy Rivals – Details

2 hours ago
Биткоин

Институциональные инвесторы ускоряют перераспределение биткоина

2 hours ago
trump токен

Меме токенът TRUMP поскъпва след понижения на лихвите. $MAXI може да е следващият голям хит сред меме койните

6 hours ago
Bitcoin ส่องสว่างสร้างสะพานเชื่อมไปยังตึกของสถาบันการเงิน สะท้อนถึงการลงทุนใน Altcoin ที่กำลังจะตามมา

ตามรอย Bitcoin! Altcoin ETF จ่อเปิดประตูรับเงินสถาบัน

7 hours ago
CZ

CZ Vs. Warren: Crypto King Threatens To Take US Senator To Court

8 hours ago
Please login to join discussion

Premium Sponsors

Press Releases

  • What XRP Tundra Means for the Future of XRP in the DeFi Ecosystem

    What XRP Tundra Means for the Future of XRP in the...

    4 hours ago
  • kcex-trading-showdown-bonus-review-tw

    ...

    6 hours ago
  • trump токен

    Меме токенът TRUMP поскъпва след...

    7 hours ago
  • Czhang on How LBank Is Using AI and 100x Tokens to Shape...

    8 hours ago
  • Is Staking Crypto Worth It? XRP Tundra Presale Offers 12% APY

    Is Staking Crypto Worth It? XRP Tundra Presale Offers 12%...

    1 day ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.