0.03Open0.04Pre Close1 Volume904 Open Interest7.50Strike Price3.00Turnover0.00%IV4.58%PremiumSep 27, 2024Expiry Date0.00Intrinsic Value100Multiplier0DDays to Expiry0.03Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma240.00Leverage 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.