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re: IG Markets open a Bitcoin binary options market

Posted on 4/25/13 at 11:59 am to
Posted by C
Houston
Member since Dec 2007
27830 posts
Posted on 4/25/13 at 11:59 am to
As small a market as bit coins are it would not be difficult to influence.

Edit: forgot to add the "not"

Sorry :iphoneproblems:
This post was edited on 4/25/13 at 12:26 pm
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 4/25/13 at 12:15 pm to
quote:

As small a market as bit coins are it would be difficult to influence.
Actually, it is just the opposite. You can more easily influence a market with lower volume since your actions will have a greater influence in proportion to the total.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69932 posts
Posted on 4/25/13 at 12:15 pm to
quote:

As small a market as bit coins are it would be difficult to influence.



I would think the opposite would be true. I would say that one person could significantly influence the price of bitcoin a lot easier than someone could influence the price of larger market commodities.


Binary option trading is already on regulator shite lists, because it isn't investing, it's gambling.
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