This is fantastic adoption to have because they're not messing with shitty cash settled contracts, but spot coins. The more of these platforms are active, the more perceptible it becomes for people how scarce Bitcoin really is. Another positive aspect is that the exchanges such as Coinbase holdings a lot of coins right now will bleed some of it to competitors that weren't available before.
https://www.coindesk.com/germanys-no-2-exchange-launches-bitcoin-spot-trading
People shouldn't expect these newly launched platforms to bring in liquidity right away. It takes time to build up clientele. Another thing is that most retailers don't bite unless they see the price go up a lot, which we haven't lately. Patience.
https://www.coindesk.com/germanys-no-2-exchange-launches-bitcoin-spot-trading
People shouldn't expect these newly launched platforms to bring in liquidity right away. It takes time to build up clientele. Another thing is that most retailers don't bite unless they see the price go up a lot, which we haven't lately. Patience.
I agree for the cash part, but I do not see the use part here - it Looks like pure gambeling, witch is BitCoin's poorest function
what do you have against speculators? it's just free markets being free markets. and speculators provide people like you with liquidity. they mitigate volatility, making for more efficient price discovery. it's a symbiotic relationship.
i just don't get why the "bitcoin is a currency" crowd hates speculators so much.
Speculation has its own use - nothing against it. - But if it is just the only use for btc - it is not better than tulips - it will burn.
Bitcoin is about so much more.
Sad to see such reduction to the 'dumbest' use case remaining
The German traders are traditionally very rigid, so it will be interesting to see how they adopt this new digital asset in their portfolios. 