Bitcoin Forum

Economy => Speculation => Topic started by: chessnut on February 02, 2014, 04:42:00 AM



Title: Bitcoin FOREX tool for weekends.
Post by: chessnut on February 02, 2014, 04:42:00 AM
How might bitcoins popularity grow (and altcoins) considering that the forex markets close on the weekends?

at BTCE you can trade the EURUSD over the weekends. that must be a first?

So if unexpected news was to affect a currency during the weekends, everyone on BTC-e would have an advantage.

This is a solution to volatile opening hours of the FX.... and a great way to separate yourself from the forex herd.

Is anybody already making money from this??




Title: Re: Bitcoin FOREX tool for weekends.
Post by: billyjoeallen on February 02, 2014, 04:46:24 AM
How might bitcoins popularity grow (and altcoins) considering that the forex markets close on the weekends?

at BTCE you can trade the EURUSD over the weekends. that must be a first?

So if unexpected news was to affect a currency during the weekends, everyone on BTC-e would have an advantage.

This is a solution to volatile opening hours of the FX.... and a great way to separate yourself from the forex herd.

Is anybody already making money from this??

forex.com runs 24/7. There are arbitrage opportunities, but not enough to beat the BTC hodl strategy over time, IMHO.