Re:Nasdaq Plans to Introduce Bitcoin Futures
by vasilipupkin on Wednesday November 29, 2017 @06:47PM
(#15812013)
Understood, but that doesn't explain why it's a store of value meaning why can't bitcoin cost 5k vs 10k
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Re:Nasdaq Plans to Introduce Bitcoin Futures
by hw on Wednesday November 29, 2017 @10:02PM
(#15813117)
supply vs demand. More and more people are getting introduced to bitcoin, understanding it and buying into it. There's also a cap on the total number of bitcoins, so scarcity is another factor. Just like why gold is worth X instead of X/2
Re:Nasdaq Plans to Introduce Bitcoin Futures
by geezerjay on Thursday November 30, 2017 @03:07PM
(#15819034)
> More and more people are getting introduced to bitcoin, understanding it and buying into it.
That's pretty much the definition of a pump-and-dump scheme.
Re:Nasdaq Plans to Introduce Bitcoin Futures
by vasilipupkin on Thursday November 30, 2017 @12:55AM
(#15813796)
ok, but gold sometimes is worth X and sometimes X/2, if you actually plot the chart of gold. Gold is not exactly a great investment