Bitcoin Top?

Discussion in 'Crypto Assets' started by trademan1, Dec 7, 2017.

  1. just21

    just21

    Money is the ultimate bubble.
     
    #171     Dec 13, 2017
    Illini Trader likes this.
  2. philpsw

    philpsw

    Investing in btc is the best option today, knowing that our money will be protected by various security blocks and that no banker will come to steal our savings.
     
    #172     Dec 13, 2017
    johnarb likes this.
  3. Visaria

    Visaria

    I'm calling the top. I will no doubt be wrong.
     
    #173     Dec 13, 2017
  4. When is the last time that occurred ?
     
    #174     Dec 14, 2017
  5. just21

    just21

    Cyprus 2013. Bail in instead of Bailout now policy in European Union and probably further afield.

    Greece as well savers got 20% of savings confiscated.
     
    #175     Dec 14, 2017
  6. If you have to ask that question then you need to firm up your understanding of Bitcoin.
     
    #176     Dec 14, 2017
  7. Really ? The issue remains a mystery...Why did the CBOE go the futures route instead of the options route which is their predominant trading vehicle...especially knowing that the CME Group would likely roll-out competitive futures contracts for Bitcoin ?
    Sounds like someone in the CFTC had a relative or friend as a principal in LedgerX...LOL
     
    #177     Dec 14, 2017
  8. Visaria

    Visaria

    Firm up understanding of bitcoin? I doubt if anyone really understands bitcoin in the first place!
     
    #178     Dec 14, 2017
  9. Overnight

    Overnight

    Well, the futures are being traded under the CFE, which I guess is the futures branch of the Cboe. Maybe they want to see how volatility goes on the future before allowing options? Just total guessing here.
     
    #179     Dec 14, 2017
  10. An interesting thing about the 2001 dot.com bubble and the 2008 housing sub-prime bubble:
    No one fully recognized that we were in a bubble until it burst. Even Helicopter Ben said housing prices cannot go down. The guy in "The Big Short" recognized it but the bullish wave almost buried him until reality finally took hold. Now we know we cannot possibly be close to a bubble in Bitcoin is because everyone is calling it a bubble. The bubble callers have never really researched Bitcoin, they are just repeating what they hear on the media because this section of its chart is going up fast.
     
    #180     Dec 14, 2017
    Hoi likes this.