4 ms·
I once explained the same points to someone who use to pop in here when his name was mentioned Calacanis when he bought some mining rigs several years ago. You
by fredgrott 4y ago
I once explained the same points to someone who use to pop in here when his name was mentioned Calacanis when he bought some mining rigs several years ago.
You see there are some valid economic reasons why CBOT and several other exchanges allow the shorting of bitcoin without making those contracts tied to bitcoin.
If any of you want to bet anyway on bitcoin do not buy mining rigs, think of it this way it represents a business we all are familiar with...
Buy domains to speculate and base the business model paying for it on ad revenue off of the websites with each domain name buy.
Its the same dam economic trends and same long term bad result