1.44Open1.44Pre Close0 Volume2 Open Interest6.00Strike Price0.00Turnover0.00%IV3.33%PremiumSep 27, 2024Expiry Date1.20Intrinsic Value100Multiplier-1DDays to Expiry0.24Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma7.58Leverage Ratio--Theta--Rho--Eff Leverage--Vega
TechWhiz : Your arguments apply to gold in the early days too. Gold had industrial use, btc has financial transaction use.
Why gold and not other metals? The market decided on it as a store of value thru time. Now as tech improves , the market of new, tech savvy investors are deciding that btc is or will be the digital gold.
No 2 ways about it. The market decides. Maybe this new generation of investors love rat poison? So be it.
Ask Blackrock.
David Lee cm OP TechWhiz : Gold was a status symbol in the past, owning bitcoin is not a status symbol. Money launderers, smugglers, crime syndicates used bitcoin as transactions, who wants to be associated with these guys.