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Started By
Message
re: IG Markets open a Bitcoin binary options market
Posted on 4/25/13 at 10:55 am to Poodlebrain
Posted on 4/25/13 at 10:55 am to Poodlebrain
And the last I researched this type of operation, it is illegal in the U.S., not that something as unimportant as breaking the law matters to Josh and wiki....
3
Posted on 4/25/13 at 11:32 am to LSURussian
It's almost like he sees a Bitcoin headline and thinks "Hey I'll post this and see what happens"
Posted on 4/25/13 at 11:52 am to LSURussian
You could conceivably purchase a binary that the price will rise to a certain level that will result in a huge payout. Then you go to one of the Bitcoin exchanges and make bids at prices above your binary target. This allows you to leverage manipulation of the Bitcoin market.
Posted on 4/25/13 at 1:14 pm to LSURussian
quote:
And the last I researched this type of operation, it is illegal in the U.S.
Right. But, again, the U.S. doesn't account for the entire bitcoin economy. You understand that, right?
quote:
not that something as unimportant as breaking the law matters to Josh and wiki....
Breaking immoral or unnecessary laws is no vice.
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