Will The futures market do to Bitcoin what it did to gold?

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https://unsplash.com/@rhett__noonan

Two Opposing Views of Bitcoin.

So too will cryptologic methods fundamentally alter the nature of corporations and of government interference in economic transactions. Combined with emerging information markets, crypto anarchy will create a liquid market for any and all material which can be put into words and pictures.

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What does this have to do with futures?

But wait, there is more.

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The believers — War cry “Hodl”

The skeptics - War cry “But, but…Tulips!”

The institutions — War cry “We want your cheap Bitcoins now so we can sell them back to you later at a markup.”

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While we can’t predict the future, we can look at the past.

History does not repeat itself, but it does rhyme.

-Mark Twain

Enter — precious metals.

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Gee That gold curve from the 70’s looks familiar…

Before we look at gold, lets look at silver:

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If you are in Crypto, the shape of this curve will be familiar.
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So by now you may be wondering “What’s the point of all of this?”

Now Back to Gold.

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50% dip? Meh… HODL!
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So what can we expect from Bitcoin?

Go Deeper.

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Of Minds And Markets Ph.D

Written by

Investing, Trading, and Business Hacking. Newsletter: https://ofmindsandmarkets.substack.com/welcome

The Startup

Medium's largest active publication, followed by +681K people. Follow to join our community.

Of Minds And Markets Ph.D

Written by

Investing, Trading, and Business Hacking. Newsletter: https://ofmindsandmarkets.substack.com/welcome

The Startup

Medium's largest active publication, followed by +681K people. Follow to join our community.

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