Bitcoin and Institutional Money, CME updates, Shorting Bitcoin, China ban mining?

in bitcoin •  7 years ago 

Let's discuss Bitcoin and Institutional Money, CME updates, Shorting Bitcoin, China ban mining?

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Sources:
https://cointelegraph.com/news/billionaire-investor-novogratz-institutional-investors-will-soon-adopt-bitcoin
http://www.reuters.com/article/us-investment-summit-novogratz/big-money-is-coming-to-bitcoin-ex-fortress-executive-novogratz-idUSKBN1DD2RE
https://en.wikipedia.org/wiki/Metcalfe%27s_law
https://www.coindesk.com/cme-ceo-bitcoin-futures-begin-trading-soon-december/
https://www.benzinga.com/general/education/17/09/10070341/want-to-short-bitcoin-here-are-a-few-ways
https://bitcoinist.com/china-bans-bitcoin-mining-rumors/
https://twitter.com/nodeblock/status/930403512189620224
https://www.coindesk.com/state-owned-power-provider-denies-chinese-bitcoin-mining-ban-rumors/

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7 years ago by

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      ·  7 years ago 

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        ·  7 years ago 

      Thank you for your comment.

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          ·  7 years ago 

        Excelente post

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            ·  7 years ago 

          Thank you!

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            [-]
              ·  7 years ago 

            How possible do you think a complete ban on mining could be? What will that mean for bitcoin?

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                ·  7 years ago 

              I think it is very possible, but not probable. Holding a lot of hash rate does give China an edge and it provides income to its people. If they banned it, bitcoin will suffer short-term because not enough miners to clear the transactions but others will pick it up quickly. In the long run, I see no real effect.

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