Jump to content

Trader makes million-dollar bet that bitcoin will triple next year

Batman_fan

By Batman_fan
in Discussions

 Share

Recommended Posts

Batman_fan Celebrity

Batman_fan

Posted
Posted

https://www.cnbc.com/2017/12/21/someone.html

  • Online records from New York-based digital currency trading platform LedgerX showed 275 call options expiring Dec. 28, 2018, were bought in Wednesday's trading session.
  • The options were bought at a volume-weighted average price of $3,600, meaning roughly $1 million was spent on the bet.
  • With bitcoin trading near $16,700 Thursday, that means the trader or traders expect the digital currency to soar more than 200 percent in the coming 12 months.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing
×
×
  • Create New...