Quick, Get Grandma In
https://twitter.com/katie_martin_fx/status/940168111877230593
Mortgages to Buy Bitcoin? Why Not?
Will Bitcoin Oust the Euro?
Will #Bitcoin oust the Euro,? CBK asks. Could make further gains if consumers & businesses use it across board. This is unlikely, though, owing to network effects & hostile stance of govts, CBK says. In the developed world, there will hardly be any stable demand for bitcoins. pic.twitter.com/2yF9ffiTOw
— Holger Zschaepitz (@Schuldensuehner) December 11, 2017
Bitcoin Bonanza
it’s “Bitcoin Bonanza” week on CNBC – remember “Gold Rush” week? pic.twitter.com/INwUuvUu5B
— . (@StockCats_2009) December 11, 2017
Trading Halts
Dramatic debut: #Bitcoin Futures surge, driving spot price and triggering halts. pic.twitter.com/E4u1yuY3kU
— Holger Zschaepitz (@Schuldensuehner) December 11, 2017
Whopping Premiums
Whopping Future premium. #Bitcoin Jan2018 contract trades >2k above Bitcoin spot price. pic.twitter.com/QaVpGkoFvX
— Holger Zschaepitz (@Schuldensuehner) December 11, 2017
Trading Volumes
#Bitcoin futures up & running but trading light. The roughly 3,500 contracts that have traded since the start represents a notional value of only $62mln, tiny compared to established futures markets like gold, which can trade 400,000 contracts/d. https://t.co/6lSu9DmLYd pic.twitter.com/1skTq7QXbO
— Holger Zschaepitz (@Schuldensuehner) December 11, 2017
History Flashback
Fascinating chart presented by Crypto on Uranium chart & when it went to Futures. They had online trading.
While $gold futures trading began trading in 1972 and 1974, whats important is ON LINE TRADING began right near the gold top as well, (I’m trying to find the exact date). https://t.co/JleQqgl0Pk— Gold Trends (@GoldTrendsNet) December 11, 2017
Mike “Mish” Shedlock
https://www.youtube.com/watch?v=TGwZVGKG30s
Isn’t all this just another way to create a black market ? This is a giant money laundering operation for somebody. It is highly surprising the US, EU, Japan etc haven’t come out with some regulations on it.
As far as I can tell, Bitcoin is useless. Unless you are running a ransomware operation.
“technology will take us off planet and into mining asteroids and other planets…” And never mind the costs since value of the Bitcoin will just increase! Thanks for the laughs of the day.
There are precisely zero barriers to creating your own crypto-currency and zero barriers to creating a superior platform to the existing ones and yet …. as the ole saying goes, you cannot fix stupid.
So I get that you guys are going by an old standard with old axioms and preconceptions. But you do not understand the potential of the technology and the advantage of decentralization. Sending money to anyone you want without government interference or involvement should be a libertarians wet dream. Yet here you are standing in incredulity or fear. You preach about robots but can’t even fathom that technology will take us off planet and into mining asteroids and other planets… with those very same robots. We will need a new value system regardless. And if you want economic freedom it won’t be because governments invent it.
@Michaelf, why should grandma demand a bailout when only the rich receive them?
Grandma’s next media appearance in the media will be her demanding a Government bailout.