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RE: How Bitcoin Futures Will Affect Price
Bitcoin Futures seems something like mortgage backed securities. I remember what happened to them in 2008-2009. Making money out of nothing is truly a genius idea but be careful.
How the same? MBS were packaged products, where bankers took 1,000s of grade D mortgages, and by putting a lot of crap together into a single package they got risk ratings agencies to go along with the gig so to speak, the new packages were classified as grade A securities, and could be resold at higher prices.
How does that have ANYTHING to do with Bitcoin Futures?
If you don't understand what you are talking about, there is always the opportunity to keep your mouth shut, as opposed to opening your mouth and removing all doubt.
Maybe you think the nobel prize winners are also comparing two not-comparable assets?
http://www.businessinsider.com/paul-krugman-says-bitcoin-is-a-bubble-2017-12?utm_content=buffer1fe57&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-bi
You are insulting me! What I am saying is my business and if you don't agree it is your choice but think how you express it.
And yes, I do now the fundamental differences between Mortgage backed securities and futures. I am just comparing this two, because they are both financial instruments created out of "NOTHING"
And again. If you want to say something, EXPRESS your words in a way that don't make you look like an "Idiot".
What I am saying is my business.
Maybe if you wanted that to be true you wouldn't be posting on a social media site, where everyone is encouraged to comment. And encouraged to call out nonsense comparisons when they see them.
If you want what you say to be your business only, maybe you shouldn't post on steemit.com?