Post
Topic
Board Trading Discussion
Re: Bitcoin traders, why don't you just trade forex?
by
leeloo
on 28/11/2016, 21:11:21 UTC
Another random thing I thought is that liquidity is a near non-existent for crypto with $14ish billion market cap, while forex is THE most liquid market on the world with $4 trillion volume/day.

Basically, forex deals with roughly 300x more money on a single (week)day than there are cryptocurrencies in existence; crypto is insignificant to the level of maximum global irrelevance.

Now, I'm not saying it can't prove to be a historic invention, eventually; we're just not there, and there are problems to be solved *cough* scaling *cough*

Okay, now bring on the hate!  Cool