On 2nd Thought, $GS HFT's Might Not Be a Good Thing 4 BTC..
Retail investors will now be competing against the big wigs.
Sure it will bring tons of liquidity, but, that's probably going to come at a hefty price tag...
The Too-Big-To-Fail mega-banks, representing more than 1/2 of bank deposits in America (roughly -- too lazy to reconfirm, but something like that) have access to trillions in leverage.
Do you have access to trillions in leverage? If you do, then good for you, but I'm pretty sure most people that trade bitcoin do not..
What do you think? Are Goldman HFT's good for traders, or bad traders?
Cheers and hope to hear your thoughts!
Sure it will bring tons of liquidity, but, that's probably going to come at a hefty price tag...
The Too-Big-To-Fail mega-banks, representing more than 1/2 of bank deposits in America (roughly -- too lazy to reconfirm, but something like that) have access to trillions in leverage.
Do you have access to trillions in leverage? If you do, then good for you, but I'm pretty sure most people that trade bitcoin do not..
What do you think? Are Goldman HFT's good for traders, or bad traders?
Cheers and hope to hear your thoughts!
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Here is the original post from yesterday
