Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: puremage111 on November 22, 2017, 06:06:57 AM



Title: JP Morgan Chase to be getting in Bitcoin Futures Trading?
Post by: puremage111 on November 22, 2017, 06:06:57 AM
Okay, so my facebook is viral with these news

It stated "WSJ says that the bank is looking at allowing clients to trade Bitcoin"
However, is this news true?

If this is true Bitcoin gonna just going up non stop, the supply mined time by time and the demand of people who get into bitcoin is not at the Equilibrium level, especially halving applies every 210,000 Blocks


Title: Re: JP Morgan Chase to be getting in Bitcoin Futures Trading?
Post by: freightjoe on November 22, 2017, 06:10:07 AM
Okay, so my facebook is viral with these news

It stated "WSJ says that the bank is looking at allowing clients to trade Bitcoin"
However, is this news true?

If this is true Bitcoin gonna just going up non stop, the supply mined time by time and the demand of people who get into bitcoin is not at the Equilibrium level, especially halving applies every 210,000 Blocks

This means that Bitcoin will open for large-scale shorting of the value. The major exchanges are doing this so they can profit on shorting Bitcoin and make money on the crash that follows.