[amyFB]

Last week, when Bloomberg radio discussed the new trading markets for crypto currencies , they compared it to the futures market.

Futures are a way to speculate on the price of something tomorrow or next week or next year. You bet on the rise or fall and make your money accordingly.

My personal feeling is that there is something very wrong about making money on falling value. I can't say better than that, and maybe I'm lacking some critical information on the matter that would alter my feelings.

For now, I'm sticking with my original opinion (back a few posts) that this is a bunch of smoke and mirrors stuff. IF I were in possession of any crypto-currency at this moment in time, I think I would try to convert it to cash asap and count myself lucky in time.