Quote from: Grant on July 09, 2011, 02:16:21 PM

Quote from: AyeYo on July 09, 2011, 01:53:57 PM

So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?

With bitcoin you get volatility to make daytrading attractive and no shady central bank rigging the prices. Forex trading is simply a game of chance, reading the brain of central banks (and the volatility is crap).

There's plenty of volatility in FX, but it's tradeable volatility. Bitcoin has blow out your account in one trade volitility; that's why it blows my mind that people feel like it's a good place to learn. It's not a true trading market; that amount of volitility makes it a casino. It's probably the worst place you could possibly learn.

Also, lol at central banks rigging prices. It's a multi-trillion dollar market, they have to play it just like everyone else and they have the disadvantage of being big and slow. You'd rather take your chances with a market so small that one guy with a moderate sized bank account can control it?