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RE: Why we need Decentralised Exchanges

in #bitcoin7 years ago (edited)

It will take a long time to sort things out. Right now we still haven't even figured out which of the new crypto coins will even be around in 1 year. I still can't figure out why anyone would want to even get involved with "actual" bitcoin when you can already trade bitcoin on teh open U.S. equity exchanges. The OTC actually. But it is starting to pick up enough volume now so it should not be difficult at all to get a buy or sell order finished in a few seconds. This "bitcoin tracker" will at least be "tradable" until the world falls apart and bitcoin is the ONLY game in town...and that's a looong looooong loooong way away. get out 'safely"...get out quickly. With this.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=gbtc&x=57&y=21&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

As you can see, same great returns as the "actual" bitcoin. And you can use GBTC to tell when the bitcoin price is about to drop. I have been posting commentary on it here at steemit.

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