Bitcoin mania: Is it too late to join the rush?

[marcopolo]

When the Wall Street Journal runs a headline that reads Bitcoin: Even Grandma Wants In On The Action, you’re simply compelled to find out more about the stand-out cryptocurrency that is grabbing all the attention. 

For months now, Bitcoin’s rapid price swings have been prompting volatility-starved investors to join the biggest speculative boom since the dotcom fever in the 1990s. 

In the six minutes following the start of Bitcoin futures trading, the contract expiring in January which opened at $15,000 rose to $16,600.  Trading on Monday morning (December 11th) in London the contract was changing hands at $17,500. Bitcoin itself was at $16,635.05 according to CoinDesk. Right now there is no hotter ticket having started 2017 at $968.23. 

The temptation to join the rush is tempered by the fear that its value is being driven purely on speculation and that the bubble is about to burst. 

More details : Bitcoin mania: Is it too late to join the rush?

[Guest alpariJose]

Starting this week, the brokerage will allow its users to take short positions on bitcoin futures under certain conditions, according to company spokeswoman Kalen Holliday, who said the decision was made “in response to client demand.” however in currency trading programs you can trading with cfds 

Shorting bitcoin futures, or betting that their price will fall, is potentially an even riskier strategy. It’s possible to lose an unlimited amount of money on a short position, particularly if the cost of the digital currency and its derivatives continues to climb.