by knwang on 11/29/17, 4:22 PM with 351 comments
by mads on 11/29/17, 8:45 PM
I have no idea what to do with my 0.05 BTC. Just let them sit there, I guess as a curiosity of old days. I don't really feel that I fit into the moon community and I don't really feel I want to build anything around this tech just because it is not about tech anymore.
Had lots of Bitcoin sift through my hands. Anyone remember the Bitcoin faucets? Those were the times.
Sincerely, One of the first 1000 users of MtGox (proof in the leaked MtGox database :P)
by chollida1 on 11/29/17, 7:21 PM
There are a few things going against them.
- The CBOE and CME are both much larger futures exchanges and are going to be offering futures first
- since you can't net out futures contracts from different exchanges this means they tend to become winner take all
> One way Nasdaq seeks to differentiate itself seems to be in the amount of data it uses for pricing the digital currency contracts. VanEck Associates Corp., which recently withdrew plans for a bitcoin exchange-traded fund, will supply the data used to price the contracts, pulling figures from more than 50 sources, according to the person.
This might be interesting as one of the things that everyone is worried about is price manipulation.
If you haven't thought about how futures work with respect to margin and marking at the end of the trading day you need to know that you can be required to deposit more money into your margin account if the futures trade moves against you on any given day.
This means the marking price is very important and lost of institutional money is worried that the exchanges are easy to manipulate.
see: http://openmarkets.cmegroup.com/3785/understanding-margin-ch...
> Nasdaq’s product will reinvest proceeds from the spin-off back into the original bitcoin in a way meant to make the process more seamless for traders, the person said.
This is awesome,, right now the CBOE and CME both have punted on the question of forks saying, they'll have a best efforts to figure it out.
by LeoJiWoo on 11/29/17, 9:11 PM
Well John McAfee thinks bitcoin will hit 1 million by 2020.
by bochoh on 11/30/17, 12:43 AM
by londons_explore on 11/29/17, 7:57 PM
* Do futures markets typically stabilize the price of a commodity?
* Who loses out if a futures contract can't be fulfilled (for example due to lack of liquidity in the underlying market)?
by slg on 11/29/17, 8:29 PM
by richardw on 11/30/17, 3:06 AM
Prefer buy and ignore for a decade. Still a trade rather than an investment but at least you can only lose what you put in.
BTC moved 20% down in the last 24 hours. That's like a market crash in old money. Leverage that and life will get exciting, fast.
by colemannugent on 11/29/17, 7:18 PM
That's pretty big. A couple years ago people were very skeptical that the big players would ever start dabbling in Bitcoin.
by alex_duf on 11/30/17, 11:00 AM
Each time it grows I fear bigger damages... But I also hope I'm wrong and I'll be just proven to be a fool for not having a bigger amount of bitcoin (I mined some back in the days)
by fragsworth on 11/29/17, 7:21 PM
Especially considering how easy it is to make a bitcoin transaction (compared to things like wheat, or oil...) it really should be "bitcoin settled".
by junkscience2017 on 11/29/17, 8:46 PM
by argo_ on 11/30/17, 2:13 PM
by chx on 11/30/17, 10:12 AM
by dailyvijeos on 11/29/17, 11:11 PM
by tonetheman on 11/30/17, 1:14 AM
Man we should instead of trading bitcoins trade fish in World of Warcraft. Insane times we live in.
by chinathrow on 11/29/17, 6:52 PM