Commentary

Erik Hoel
Traders Magazine Online News

Will The Bitcoin Bubble Pop Or Will It Envelop Us All?

Guest contributor Erik Hoel asks the question whether the worst is over for bitcoin holders, or still yet to come, what is yet to come? And why.

Traders Poll

In your opinion, what is the biggest hurdle facing the blockchain?

Cost of implementation

17%

Too many systems available

23%

Not applicable to my business

3%

Uncomfortable with the technology

33%

Nobody else is using it

23%

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July 31, 2004

NASD Talks to New Dealer Market

By Gregory Bresiger

The United States Capital Markets (USCM), a group embarked on building a new OTC dealer marker, has effectively given up on acquiring the OTC Bulletin Board. However, it says it hopes to launch an alternative dealer market as early as this year.

"It seems unlikely the Bulletin Board will be sold to us," USCM leader Arthur Pacecho concedes to Traders Magazine. He said his group is now talking with the NASD about the USCM putting together a dealer market. Pacheco did not elaborate. Nancy Condon, a spokeswoman for the NASD, says it has been approach by the USCM but "we are not in discussions."