Buffoon ETFs

Discussion in 'Markets & Economies' started by JulieW, Nov 7, 2017.

  1. JulieW

    JulieW Well-Known Member Silver Stacker

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    The Chicago Mercantile Exchange will soon begin trading Bitcoin derivatives (futures contracts), signalling the cryptocurrency is now a mainstream asset class. Bitcoin has had limited use in the mainstream economy in part because the volatility of its price. The value of the currency might go up or down significantly between the time a deal is struck and delivery.

    The introduction of Bitcoin futures contracts will allow investors to manage this risk, and make it safer to hold and trade in Bitcoin. This will make the cryptocurrency more accessible to individuals and businesses, and encourage developers to build more products and services on top of the technology.

    http://www.abc.net.au/news/2017-11-07/bitcoin-is-going-mainstream/9125364
     
  2. JulieW

    JulieW Well-Known Member Silver Stacker

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    Thread title should read Bitcoin not Buffoon as the spellchecker decided!
     
  3. Arch Stanton

    Arch Stanton Well-Known Member

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    Could be the spellchecker is correct. :D
     
  4. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    A Bitcoin 'derivative'... bitcoin Futures Contracts...to manage this risk, and make it safer to hold and trade in Bitcoin...

    To quote Capt Jack Sparrow; "Master Gibbs, ... I feel sullied and unusual...."
     

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