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RE: First futures contract for XBTC on CBOE for March 2018, trades at $16,430
I am not sure what to think of this actually creates honestly or it’s jsut another “game”
I am not sure what to think of this actually creates honestly or it’s jsut another “game”
It's another game. They've taken a promising currency and sold it as a commodity. They are actually gambling that at a certain date, the price will be so much.
In my opinion, it diminishes the pure currency and cheapens it like lead.
But that always happens when you invest in money. That was the complaint of the fiat currencies. They held no value other than the paper they are printed on.
If they aren't careful, there won't be any faith in cryptocurrency.
It's all about greed.
A lot of the manipulations and derivatives and futures trading is all just a big game. BTC now part of the party.