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Author Topic: Flood of Traditional Traders Now Entering Cryptosphere.  (Read 398 times)
Minecache (OP)
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June 13, 2017, 12:07:24 AM
 #1

Just off the wire from my friend west side. News is that crypto, in particular BTC and ETH, is now becoming all the rage with traditional market traders and that they're being put on fast track internal courses on cryptocurrencies. Apparently they believe that they've been behind the curve for too long now and need to play catchup, fast. Probably explains crypto exchanges currently struggling with demand. Gud times. Secure your positions.

BrewMaster
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June 13, 2017, 02:21:54 AM
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not really! you seem to be listening to wrong channels!

the "traditional traders" are either already in or they won't come in until their broker lists bitcoin or your ethereum for them to trade. these "traditional traders" are traditional, they won't go to a crypto exchange platform that is not even regulated and take unnecessary risks specially after all the scams that happened among them.

and as for their brokers listing them, i have only heard the biggest broker in the world regarding volume called GMO securities added bitcoin a week ago and was faced with an overwhelming demand. they never showed any interest in any altcoins though! they will always go with the oldest and most trusted.

There is a FOMO brewing...
Rahar02
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June 13, 2017, 02:44:22 AM
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I've ever heard cryptocurrencies on tv but just mentioned bitcoin and ethereum as the most successful coins, there is no doubt about bitcoin as the best one so far but why ethereum? Because it has been used by many projects and companies as medium of exchange besides bitcoin.
Traders just want profits as fast as they could make, so that's what makes it fluctuate a lot. Whether they are already in or they will join after theirs brokers lists bitcoin or regulated exchange platform.
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