Sorry, but this isn't so. With respect, you're missing my point. Those are not genuine brokers: they're counterparty market-makers. I'm also not classifying them all as "shady" (though I think perhaps you imagined that I was?). I'm simply making the factual point that they're not "brokers". They're counterparty market-makers presenting themselves as brokers. Many of their customers (like Radex, who habitually posts in such threads and has indeed posted on the previous page of this one) are naive enough not to understand exactly what a genuine broker is, not to understand that a counterparty market-maker isn't a genuine broker, and to imagine that the counterparty holding the other side of their bet (if they're aware at all of the difference between a "trade" and a "bet") is "their broker". They're mistaken, of course, when they think that.
Well, actually you are right however i in both of my posts shared my personal experiences as well as clarified that as i haven't any used such broker which is offering bitcoin as a payment method so i can not claim that they are the only one who are market makers !! However if you see my last post you can well understand that i agreed to your wisdom.
This is what I believe, a broker simply using bitcoin as a withdrawal and deposit option wouldn't simply termed the broker as a counterparty market maker , but the broker offering btc and its associates to be traded as a currency pair is questionable hence could be referred as a counterparty market makers
I wasn't suggesting that the fact that they accept deposits for trading in the form of Bitcoin makes them counterparty market-makers; I'm simply observing that it's not something that any genuine broker does.
no issues trading forex with bitcoin here. Actually the metatrader platform for FXCM.com is terrible compared to the MT4 setup my bitcoin broker has( using Evolvemarkets.com ) . They don't have the lousy FIFO rules, spreads on pro are lower than fxcm and deposits and withdrawals are near instant because you don't need to wait for the banking system. Bitcoin gets better and better as i find more uses for it. Forex trading is a huge one
I have seen bitcoin now become popular also on forex which some trader also offer bitcoin to deposit and withdraw money, but I am still not using bitcoin now and still using payco
Bitcoin recently touches the value of $900 per bitcoin within the last week and now still between $800, I am surprised why is it being so sky rocketed at the year end.
Who said CryptoCs are currencies ??? It is a global people's movement. Doubting it's value is doubting people's movement. It is not easy for any government stop this global fight for freedom from government's authority.