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A comment on Bitcoin Futures Could Open the Floodgates for Institutional Investors. Parent comment

Re:Bitcoin Futures Could Open the Floodgates for Institution... by beefield on Wednesday November 01, 2017 @12:48PM (#15603108)
I think you forgot that I started with having the 5000 dollars on my bank account. So I need to convert them first to BTC before I can do the transaction. What are coinbase fees, and how much does this process add to the time of exposure to BTC price?

Also, if you can afford to wait days, you do not compare to paypal, but to a normal international bank transfer. Haven't done that for a while, but I assume that cost is around 10-20 dollars.

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Re:Bitcoin Futures Could Open the Floodgates for Institution... by ghostbrainalpha on Wednesday November 01, 2017 @01:33PM (#15603563)
A normal international bank transfer costs more than that if currency conversion is required. It depends on the banks and country you are transferring to.
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