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RE: It's Official: CME confirms that Bitcoin Futures will launch Monday December 11th

in #bitcoin7 years ago

Nice. I do think the risk of a hack and cleanout of people's wallet makes them hesitate to put a lot of money into bitcoin as an investment but this should provide an alternative to invest but without the wallet risk.

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I disagree, people will get suckered out op there position like they did with silver in '08 by the big banks...

Not sure what you mean by this, he is saying that it will provide an alternative to having to own and keep track of crypto wallet keys in order to participate in the space.

I mean, if you dont hold is (the key), you dont own it.

The banksters will control this like they control gold/silver.

True, but I'd rather own shares that have insurance attached to them in case of theft or loss, than something that I am "shit out of luck" with if I happen to lose it... but that is my own personal opinion. To each their own. :)

Yes, exactly. To be honest if an ETF existed I would probably sell everything I own in my crypto wallet and just hold etf shares (of each particular crypto), but that is just me. :)