This will be the litmus test. Gemini has promised us some institutional money and "big players" will now enter the Bitcoin game. At this time I really don't think they will add value except for the fact that they are insured and regulated by the US.
If they want to be a successful exchange that is competitive like the rest... They will need to consider adding futures and margin.
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cryptokeeper
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LiteCoinGuy
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Re: Gemini and the litmus test
why do you think, that they will not add futures and margin in the future? i think they will. they even consider Litecoin trading.
maybe gemini wont bring the "big money" in but every exchange is a benefit to the ecosystem.
maybe gemini wont bring the "big money" in but every exchange is a benefit to the ecosystem.
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More informations about Bitcoin and scaling BTC on
bitcoin.org/en/
https://bitcoincore.org/en/2015/12/23/c ... reases-faq
&
reddit.com/r/Bitcoin/
Re: Gemini and the litmus test
There is no shortage of exchanges, I believe their ETF will be a bigger deal.This will be the litmus test. Gemini has promised us some institutional money and "big players" will now enter the Bitcoin game. At this time I really don't think they will add value except for the fact that they are insured and regulated by the US.
If they want to be a successful exchange that is competitive like the rest... They will need to consider adding futures and margin.
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cryptokeeper
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Re: Gemini and the litmus test
Well.... We are only seeing about 300BTC in volume.... Not the greatest if you ask me.
Re: Gemini and the litmus test
I would say that's not too bad, trade volume of 300BTC and it's only been open about a week. If they want to be one of the biggest exchanges they have a long way to go, let's see what happens.Well.... We are only seeing about 300BTC in volume.... Not the greatest if you ask me.
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BitcoinXio
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Re: Gemini and the litmus test
I assume you mean over 24hr period? Right now they are at 499 BTC over 24hr period. They are slowly climbing the charts. Better than some other exchanges that have been around for some time.Well.... We are only seeing about 300BTC in volume.... Not the greatest if you ask me.
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btc
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Re: Gemini and the litmus test
volume is growing there.
if they bring big players in, then bitcoin is legal in the usa, right?
i hope they have the best security as anyone else. best of luck to them.
if they bring big players in, then bitcoin is legal in the usa, right?
i hope they have the best security as anyone else. best of luck to them.
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LiteCoinGuy
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Re: Gemini and the litmus test
********************************************
More informations about Bitcoin and scaling BTC on
bitcoin.org/en/
https://bitcoincore.org/en/2015/12/23/c ... reases-faq
&
reddit.com/r/Bitcoin/
More informations about Bitcoin and scaling BTC on
bitcoin.org/en/
https://bitcoincore.org/en/2015/12/23/c ... reases-faq
&
reddit.com/r/Bitcoin/
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