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CBOE head Ed Tilly: Jamie Dimon can short Bitcoin on our platform

05 December 2017 21:00, UTC

As everybody familiar with the most famous statements of the traditional market players about Bitcoin, Jamie Dimon from JPMorgan Chase called it a mere fraud without any good future. Since then, this statement was mostly criticized by various market analysts, most notably, Goldman Sachs CEO who told he wants to avoid categorical statements after that time he was absolutely wrong about the future of mobile phones. He also said that next forms of money could not be excluded as the time goes on.

Major exchanges, including Chicago Mercantile Exchange and Chicago Board Options Exchange as well as some Swiss firms decided to trade with Bitcoin futures, and CBOE might become the first ever traditional exchange to do so. Trades to start at 5:00 p.m. CT on Sunday, December 10, 2017. Naturally, the journalists decided to talk with Ed Tilly, the leader of this organization and when mentioning Jamie Dimon, he said: “If Jamie Dimon would like to take the other side of our longs, that’s great, we’ll provide a marketplace for him to do so.”

Other careful bearish traders will also have an opportunity to bet on the future of the most expensive cryptocurrency soon, and these trades might stabilize its price, as some experts already predict.