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RE: Bitcoin Options are on the way
It may bring more investors, but also more games... manipulation is sure to follow.
It may bring more investors, but also more games... manipulation is sure to follow.
Yep, I agree with this 100%. There are certainly going to be downsides. One is that people can now buy bitcoin options (long dated calls) instead of the underlying asset, which may or may not actually push the price up. Overall I think the increased exposure will be a net positive, but it certainly isn't all rainbows and puppy dogs regarding this news.
Hopefully it does not occur in other than Bitcoin. If it goes to ETH, the shift to EOS will be massive.