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Comments on Bitcoin Future's Trading
Comments on Bitcoin Future's Trading
It has been a plain sailing so far for the Bitcoin trading. One thing which exchanges, and traders do need to keep in mind is that the current circuit breaker limit is too tight.
This is designed to protect investor and parties involved in this. Bitcoin has a personality which is based on higher volatility, so we would expect the CBOE to adopt and change this as time goes by. So far, looking at the contract volume traded (300 contract), we believe that there is a decent demand and this is driving up the price of Bitcoin.
In summary, investors should not get carried away too much by the headlines which bring the news flash of circuit breakers. Bitcoin is a product which has a huge demand and given that it is still in its early stages of acceptance and higher volatility is part of it.
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