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Financial markets always price the future utility, not the present one. A bitcoin bull could point out to bitcoin futures on professional financial exchanges a
by 21 9y ago
Financial markets always price the future utility, not the present one.
A bitcoin bull could point out to bitcoin futures on professional financial exchanges as an increased utility, as in now professional money managers can trade bitcoin in a professional way.
- kasey_junk 9y agoThat is an excellent example of an indicator. Do any of those exist currently?
- 21 9y agoThere are firm promises of them becoming available really soon now (TM). http://www.cmegroup.com/media-room/press-releases/2017/10/31/cme_group_announceslaunchofbitcoinfutures.html http://www.cmegroup.com/media-room/press-releases/2017/10/31... https://www.bloomberg.com/news/articles/2017-11-29/nasdaq-is-said-to-plan-bitcoin-futures-joining-biggest-rivals https://www.bloomberg.com/news/articles/2017-11-29/nasdaq-is...