You are viewing a single comment's thread from:
RE: Another Crypto Milestone: Japanese Company Offers To Pay Employees In Bitcoin
You have right! But consider that after the futures went live, a lot of the volatility disappeared, the more instituons involved, the more volatility will lessen in my opinion.
P.S. They dont pay their whole salary in brc, only a fraction. If you want to.
Sincerely, I don't believe. A +10% in 24 hour is not "volatility disappeared". Losses of 2-4% in 20 minutes on many exchanges followed by new price spikes are not "volatility disappeared".
I have an opposite view: futures are not eliminating volatility. It is volatility that is killing the futures. In fact, many banks are blocking customers's access to futures because it is a too high-risk market. Volumes are really low, also because for a traditional operator margin trading on bitcoin seems to be pure madness. Wait and see what happens with Chicago Mercantile Exchange futures...
Yes, I have seen. My comment was a general consideration about the idea of live with bitcoin wages, an idea that is taking place in the minds of a lot of bitcoin-addicted. They are asking "please, force us to go all-in on the most volatile asset of the world"!
Really, really smart move.