Bitcoin Is The New Gold

[misterkel]

I've owned a lot of BTC in the past. That being stated, the daily volume is under $10B. It's a joke. There is no depth to the mkt.

What? Trading volume of the SPY is only around $20BN. $10BN seems like healthy volume to me for a single instrument. But, we each have our own parameters.

 

[murray t turtle]

I didn't miss your spelling of bitcoin is missing an I. It's been the way you spell it for a long time now. I guess you can say I misunderstood your meaning when you said "you've changed your mind as IBKR founder enlightened you that bitcoin has value for shorts", if it has value for shorts as you say, it would behoove you to initiate a short position. Anyway, I get it now, you're not going to short bitcoin. It's not for everyone Some people have convictions to risk $$$ on the line based on their opinion and analysis.

%%Mostly right.
Except IBKR founder said ''it has no fundamental value''
NOT an antiAsian post; I fed an Asian elephant peanuts, as a kid, his trunk was in a trading range=LOL/true. As far as risk, i've seen better shorts + longs.I like the way that Asian elephant was polite, peanut eater,Jonarb,