South Korea is trying to regulate (read: destroy)
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Posted On: 01/24/2018 11:24:56 AM
South Korea is trying to regulate (read: destroy) crypto "currencies." China will follow suit. The whole thing is a monumental scam that will dwarf tulip-mania, when it completely collapses.
Back in November, as I posted here, Interactive Brokers said that they would allow their customers to buy call options on Bitcoin futures, but NOT puts. In other words, they can sell calls to their customers, trap them long, and not let them profit from the debacle that they knew would come. That was a huge red flag to anyone thinking this was not a scam -- if a company will only let you buy one direction on a trade, you can be sure that it's the wrong direction.
Back in November, as I posted here, Interactive Brokers said that they would allow their customers to buy call options on Bitcoin futures, but NOT puts. In other words, they can sell calls to their customers, trap them long, and not let them profit from the debacle that they knew would come. That was a huge red flag to anyone thinking this was not a scam -- if a company will only let you buy one direction on a trade, you can be sure that it's the wrong direction.
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