Looks like NADEX launched a bitcoin binary option market.

The only reason I noticed is that oil has sunk so low that I was on NADEX for some oil options and found a bitcoin market. Interesting. But I’m betting on oil going up.

Picking bottoms is dangerous business.

NYMEX CRUDE 2008 - 2014

And 3 days later even lower. Now below $60/barrel and no stop point obvious.

Local pizza place made the news because they have one of the few bitcoin atm’s in San Diego.