Wow. Nice post. I am very confused by the CME's listing Bitcoin, especially to be cash settled at the end of the day. I have several questions, perhaps somebody can help me? First, in any futures contract, somebody has to take the opposite side of the deal. So, who is going to take the short position?
I can't imagine anybody with a brain deciding to take the short position? I mean seriously, the float on Bitcoin is much, much lower than everybody on Wall Street thinks it is. It is probably
You are viewing a single comment's thread from:
That is what makes a market, some think it's going to go down while others think it's going to go up. Don't forget that futures contracts will better allow for bets on the downside...