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RE: And just like that, the Derivatives Market is opening up to Bitcoin
The bitcoin market is honest today? With forks, ICOs, exchanges doing weird stuff...feels like it's the wild wild west.
The bitcoin market is honest today? With forks, ICOs, exchanges doing weird stuff...feels like it's the wild wild west.
By honest I meant that currently the Bitcoin market is complying with the laws of supply and demand. With derivatives markets players can satisfy the demand with unlimited supply of paper derivatives if they are not back by a 1:1 ratio.
Fair point. The wild west will get wilder!
My thoughts exactly. They'll take a cue from the COMEX precious metals markets and BTC price discovery will soon join the ranks of manipulated markets of specs vs. pros. we know who wins this war.