Re: [Bearish] The Dangerous Reason Why Bitcoin Just Hit Yet Another New High
Call me a contrarian or a bear but I still agree with Joe Saluzzi's fear in the CME group's listing of a bitcoin derivative. I reckon that it will be the Wall Street bankers who will be bringing a real crisis in the cryptospace. They will come in and suck more money from the community, faster than the ICO scammers.
Those bankers will be here to take our money, not to help bitcoin or other cyptocoins.
Saluzzi told CNBC that he liked the concept of Bitcoin, but has a problem with the idea that on Wall Street the innovators are trying to package something up and put a derivative label on it when they really dont know whats underneath.
It reminds me of the financial crisis all over again, he said.
Read the article http://fortune.com/2017/11/01/bitcoin-6600-high-cme-futures/
Those bankers will be here to take our money, not to help bitcoin or other cyptocoins.
Saluzzi told CNBC that he liked the concept of Bitcoin, but has a problem with the idea that on Wall Street the innovators are trying to package something up and put a derivative label on it when they really dont know whats underneath.
It reminds me of the financial crisis all over again, he said.
Read the article http://fortune.com/2017/11/01/bitcoin-6600-high-cme-futures/
+1. Youve really upped the quality of your posts lately.
Goldman Sachs (according to Brock Pierce) is apparently involved with the $2 billion EOS token sale.