Many of the stock market’s biggest players have taken a hands-off approach to bitcoin and other cryptocurrencies. That could start to change. The launch of ErisX comes as trueEX plans a bitcoin swap in the latest market embrace of digital currency.
What about sports betting? That is huge. I think Etc is undervalued compared to Ltc because the later only wants to be a currency. If crypto remains classed as a commodity, no one is going to subject themselves to CG tax to make small purchases. I think Ltc is overvalued because of its narrow utility use case. Etc as a commodity has utility value on a broader base. So do others, like Eth, but Etc is only $11 bucks! When I compare $11 to $225, there is no comparison in terms of purchase price today.