Do you mean microbitcoin MBT on CME or something else? Micro Bitcoin futures (MBT) will be available to trade Sunday, May 2, 2021 beginning at 6 p.m. ET for trade date Monday, May 3, 2021.*
Nobody knows the future but a couple of things, a) a Bloomberg analysts opinion?..... mmmmm, wonder if somebody is unloading, and b) if Crypto has been sucking money out of gold market of late, a strong crypto bull market could also then maybe suck money out of the stock market. Should that go tits up then crypto may follow.
https://www.elitetrader.com/et/posts/5301732 Yeah you know I'm not sure about listening to a guy who although made money trading, admits that he would have done better just buying and holding SPY. Have you considered you don't know what you think?
If you have issues against BTC/crypto, why don't you post theses and actual facts instead of attacking the messenger? The first post you had against @johnarb in this thread you went ad hominem. Maybe you have no arguments against BTC and are just salty?
There's no discussing rationally with d08, bro d08 was trying to gaslight me, it was pretty obvious with his disingenuous comments trying to bait me. Little boy came unprepared and got schooled In a bear market, I'm sure it would have worked, but in a bull market with btc at ath, no chance
You have made nothing until you've cashed out. If I remember your posts correctly, you held BTC through a 70% (or something in the neighborhood) drawdown. You might be the kind of hodler to keep on to BTC through a >90% drawdown (that BTC had several times in the past). Maybe some day it won't bounce back up. Trading BTC is a zero sum game before transaction costs. Not everyone can be a winner and those who didn't cash out above their avg buy price will be the losers.
I’m not a bitcoin fan but I disagree that bitcoin is a zero sum game. It went from zero to a positive value - that’s real wealth creation, similar to amazon stock. (I understand the exp3ction of future cash flows, etc that justify a stock price and don’t apply to bitcoin)
Think in detail about what happens and about both sides of the transaction. Someone mines BTC at $0 and sells it later at $50K. The buyer had to fork over $50K and gets a worthless digital token of no intrinsic value, i.e. nothing. Unless that buyer now manages to unload to someone else, he is the one who lost the $50K (that the seller has made before transaction costs).