***#Bitcoin #Futures #Exchange ... Riddle me this...steemCreated with Sketch.

in bbitcoin •  7 years ago  (edited)

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https://news.bitcoin.com/markets-update-bitcoins-value-climbs-after-cboe-opens-xbt-trading/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

Here's the main question as to how #CBOE could potentially implode:-

  • Most have the Knowledge of that if you *DON'T PHYSICALLY OWN BTC units, you cannot trade it.

  • The clear outline of how CBOE and all XBTC trades are/would be made would be purely speculative
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    How CME Group’s Bitcoin Futures Will Work
    https://cointelegraph.com/news/how-cme-groups-bitcoin-futures-will-work

  • Would it be even possible to Classify this as a speculative trading platform when everyone is on it in a Long term position?

  • How would CBOE be able to afford to make payments "If" Hypothetically only 25% of their "Players" are #willing to participate in the Short position & the rest of the Smart-Money Gods are in it for the Long haul?

Well knowing, applying & understanding ***Fundemental Economy & Trade****, unless CBOE has an "Alternative" generation of income from the "Speculative investments" or "Physical Ownership" of #Bitcoins, "they" would most likely to go into Capitulation Mode when and "If" BTC at Spot Pricing trades at 45% upwards of the opening lows of XBTC "Initial-entry-level"...we shall see

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https://www.cryptocoinsnews.com/bitcoin-breaks-cboe-as-futures-up-20-hours-after-launch-trading-at-18210/amp/

It does look like 96% identical to the #Bitconnect propositions, which would lead to the ONLY outcome.

< Remember the 2 Crux of Wealth management:-

If you don't OWN it you DON'T HAVE IT

Fool and his/her wealth will soon be parted >

preacherofstorms
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