The whole futures thing is going to be interesting to watch unfold. Might be a good time to just hold BTC instead of trade, but I am not sure. We shall see. Great Post!
RE: Trading bitcoin futures is a game changer for the whole crypto currency space. Here are some related aspects.
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Trading bitcoin futures is a game changer for the whole crypto currency space. Here are some related aspects.
Thanks @birdbyte. I am asking myself how many people are effectively doing short-term of trading BTC these days (unless they are Big Boys armed with their trading robots). Very long before the current excitement over BTC I felt uncomfortable about the length of time it was taking to have my BTC actions confirmed (having been an active stock options trader).
I read some place in the last day or so that only about 1 million BTCs are actually being bought and sold (though I cannot vouch for the quality of that estimate).
Do you have an opinion or data/estimate on the proportion of all these currently backlogged transactions represent traders going in an out versus people just buying to put the stuff away, like their gold?
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