Bitcoin prices have been unstoppable. Those who called it legitimate are helping it boost prices.
While writing this post it had crossed $7000 per coin.
The futures trading has started in Bitcoins as CME group started futures trading on Wall Street. In a way it has now been a mainstream currency.
Bloomberg called this phenomenon as opening of floodgates of opprtunities for bitcoins for better
Client hunger to get in on the craze, the corporation said, was a key factor in reconsidering its approach.
Given increasing client interest in the evolving cryptocurrency markets, CME decided to introduce a Bitcoin futures contracts
This is wonderful . It will ensure a SMOOTH change in prices without people actually owning bitcoins. Whether bitcoin is considered a commodity or a currency does not seem to matter. It is going UP due to the laws of supply and demand. Economics 101. Supply is limited and demand seems to be going up all the time.
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its good how its crazily rising..thanks for this
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