Re:CBOE Will Start Bitcoin Futures Trading on December 10
by notyourday on Monday December 04, 2017 @11:49AM
(#15845255)
Except that we have never seen that happen.
Re:CBOE Will Start Bitcoin Futures Trading on December 10
by jstanley on Monday December 04, 2017 @11:58AM
(#15845333)
What does that even mean?
Was your $400 + 400 BTC model supposed to be an argument from first principles, or was it supposed to be a reference to some empirical evidence?
I don't think you're being as intellectually honest in this thread as you could be.
Re:CBOE Will Start Bitcoin Futures Trading on December 10
by notyourday on Monday December 04, 2017 @01:54PM
(#15846404)
Ok, that was a cheap shot, I agree.
I am, however, yet to see a single article talking about USD being quoted in bitcoin. Just like I do not see any articles of USD being quoted in Samsung TVs. I do see bitcoin being quoted in USD. I see USD being quoted in Euros and I see Euros being quoted in USD.
That's why Sansung TVs and BTCs are not currency while USD and Euros are. So BTC is asset. Assets in an non-liquid markets are prone to enormous bubbles.
There are only 2 currencies. Your assertion that the exchange rate is bogus because it is possible to buy 1 BTC for $400 applies just as well in the opposite direction.