RE:PEAK INSANITY....metalhead666 wrote: ...traders are buying short-dated very deep OTM BITO Calls in massive size...
I have made a LOT of money with Silvergate Capital Corporation. This is a bank that specializes in e-currency. It tends to rise and fall with bitcoin, but it is a mistake to think of it that way. They make money off of bitcoin TRANSACTIONS. So if its tradeing, they are making money.
It's like the Gold Rush days. The guys who really made the money were not the miners, it was the guy selling picks and shovels.