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"..and a good store of value." Pekelo are you saying this? how? please educate

Johnarb, youa re talking like a religious convert...any idiot can tell us that those who got in a bull run are happy and those who got in late are crying 2 diff issues here: 1) Is it a good trading instrument: With such volatility, difficulty to hedge etc retail traders can loose faster then...

Technology- YES Investment / Storage of value - NO ( unless doing some combo for yield with married option etc) Trading - YES if one can handle the volatility and high margin and additional risk of being a OTC product ( exception CME/CBOE) Somebody mentioned Bitmex, not allowed for US residents...

but if they are paid on a paper profita and eventual it is a loss! it does not make sense since payment is real realized performance based is it not?

- in such a prop situation if the long option position is not closed does the trader gets the bonus/ payment? I mean are these guys not paid only on "actual Realised profits" also I am assuming that the firm funded him to purchase those 950000 option knowing that worst case scenario is 100%...

- No real backing - Your choice of coin may become less popular - Chances of the so called exchange going down overnight as compared to a major country currency going down overnight to pittance - NO yield - NO FDIC or similar assurance - Very volatile - poor acceptance around small places (...

disadvantages of bitcoin/ crypto as an investment - No real backing - Your choice of coin may become less popular - Chances of the so called exchange going down overnight as compared to a major country currency going down overnight to pittance - NO yield - NO FDIC or similar assurance - Very...

A Gain I am not talking about trading bitcoin futures or options we were discussing has it got any value as a "Investment" and you telling about portability ignoring the Yield / growth issues If my govt is toppled most probably I already have my wealth stored in either real estate around the...

"Can you cross any nation's border with a stored value of over $100,000 in any of the mentioned assets without getting confiscated" LOL if that is a good reason to carry crypto then I wonder what "business" that person is in? sure in that situation it IS a good method to STORE wealth :p If your...

"Can you transfer any of the stored value in the said instruments in whole or in part to anywhere in the world in a matter of minutes? Again you are talking about Technology under bitcoin which no body is doubting, I am talking about value in it? and as you say it is perceived "If you are a long...

no hate bro just trying to do due diligence on the claim that it is a "good thing for storage of wealth" as per people like you How on earth anybody can say that when the volatility is so bad and not to mention other factors, again I am not scrutinizing it as a trader but as a investor, get...

lot of small speculators are going to try their luck but few professionals/ market makers are going to make a killing.. Store of value! dont think so here is Feb GXBT futures 21K - 9110 . who in right mind will store his / her WEALTH in such a thing! a good betting product sure . Wealth store...

As a business: "you never touch crypto" Technically is that possible? I will check with the providers/ my gut feeling is until you convert there is a risk of both conversion and the "provider counter party" not being a regulated entity. "Bitcoin is not backed by government and was created as a...

With all due respect johnarb, you are missing the main point of my question your answers are relevant to a trader and all valid. I agree but my questions are from a user's point of view ( either as a business or a user of this currency instead of native currency) so as shop owner lets say I...

lot of assumptions -No I am not assuming Bitcoin is the only Crypto read my comment about multi crypto and it's a copy of current multi currency that exists etc - I am open minded, that is why I said as a trading instrument or as a new Fintech it has value but I was asking fundamental questions...

".. where it is now" and that "where" is what I am questioning! along with millions who still believe in real currency and wont fall for this hype ... - Unnecessary Conversion risk, you wont acknowledge - Unregulated exchange system you won't see that as risk - No asset backing should not be a...

ok it is not may be but the "converted" are preaching it that way! I have no doubts about the technology it is based upon it's usefulness, or the coins as a trading ( not investing) instrument. To a traveler yes it would be great to deal with same currency around the globe.. in other words like...

I am not lazy johnarb, I was hoping those who are more knowledgeable and in blind love with this "financial phenomena " / experts can shade some light rather than just making general comments! Back to the tomato example so If none of my suppliers are not ready to accept my Crypto and if the...

Here is my prediction, if everybody starts issuing a crypto currecny then we are back to square one, are we not that is there would be USCOIN, SINGCOIN, UKCOIN Googlecoin, Facebook coin etc...and then somehow people have to adjust exchange rates! hhahhha same way they do between major currencies...