Re:CBOE Will Start Bitcoin Futures Trading on December 10
by ohashi on Monday December 04, 2017 @01:26PM
(#15846183)
It does, nobody actually uses bitcoin to buy things. The only people making money from bitcoin are exchanges and the speculators on the winning side of bets.
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Re:CBOE Will Start Bitcoin Futures Trading on December 10
by alphydan on Monday December 04, 2017 @01:44PM
(#15846324)
I regularly buy hosting, domains, hardware (heck, I bought some electronics which would be worth $50,000 today). I don't see a problem.
Re:CBOE Will Start Bitcoin Futures Trading on December 10
by spelunker on Monday December 04, 2017 @02:42PM
(#15846779)
> heck, I bought some electronics which would be worth $50,000 today
You don't see that as a problem? Why buy things with BTC when it's better (for now) to just hold it?
Re:CBOE Will Start Bitcoin Futures Trading on December 10
by ric2b on Tuesday December 05, 2017 @09:47AM
(#15851971)
That is equivalent to saying:
"Why buy anything at all when it's better to buy Bitcoin?"
It's the same thing: opportunity cost of not owning Bitcoin (or any other investment). Each person decides how confortable they are with the risk.
Re:CBOE Will Start Bitcoin Futures Trading on December 10
by spelunker on Tuesday December 05, 2017 @02:36PM
(#15855004)
No it's not. I'm happy to buy things with my fiat currency because it's not increasing in value at astonishing rates. I'll just keep my bitcoins and cash out some when I want to buy stuff.