check out the volume across the exchanges trying to get into XEM... hold on to your panties.
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"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain -
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Originally posted by scooterscot View PostShould I wait until Corbyn gets in?Comment
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DNT is going TNT."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by VirtualMonkey View PostCould someone explain this to me. I haven't really looked at futures...what is it saying?
No Bitcoins are actually bought and sold, it's all fiat cash settled.
'Leveraging' (borrowing) can be used ... leverage allows you to enter a futures position that’s worth much more than you are required to pay upfront.
BTC futures really gives the naysayers an opportunity to put their money where their mouth is. Believe BTC is trash, a bubble, will go to zero ? - then get shorting - if not, why not !
Personally I wouldn't touch BTC futures with a barge pole at the moment due to the coin's extreme volatility.Comment
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doge...is that you...did you wake up?Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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Originally posted by stonehenge View PostYour friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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Originally posted by SunnyInHades View Post"Futures are an agreement to buy or sell Bitcoin on a specific future date at a specific price. Once the futures contract has been entered, both parties have to buy and sell at the agreed-upon price, irrespective of what the actual market price is at the contract execution date. There are two positions you can take on a futures contract: long or short. If you take a long position, you agree to buy Bitcoin in the future at a specific price when the contract expires. When you take a short position, you agree to sell Bitcoin at a set price when the contract expires."
No Bitcoins are actually bought and sold, it's all fiat cash settled.
'Leveraging' (borrowing) can be used ... leverage allows you to enter a futures position that’s worth much more than you are required to pay upfront.
BTC futures really gives the naysayers an opportunity to put their money where their mouth is. Believe BTC is trash, a bubble, will go to zero ? - then get shorting - if not, why not !
Personally I wouldn't touch BTC futures with a barge pole at the moment due to the coin's extreme volatility.
As for the naysayers. Those that believe it’s a bubble and know what they’re doing would be cashing in on the bubble and simply limiting losses by removing profits. The idiots on here who think it’s a Ponzi aren’t going to short it as they don’t have the coconas.See You Next TuesdayComment
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Originally posted by SunnyInHades View Post"Futures are an agreement to buy or sell Bitcoin on a specific future date at a specific price. Once the futures contract has been entered, both parties have to buy and sell at the agreed-upon price, irrespective of what the actual market price is at the contract execution date. There are two positions you can take on a futures contract: long or short. If you take a long position, you agree to buy Bitcoin in the future at a specific price when the contract expires. When you take a short position, you agree to sell Bitcoin at a set price when the contract expires."
No Bitcoins are actually bought and sold, it's all fiat cash settled.
'Leveraging' (borrowing) can be used ... leverage allows you to enter a futures position that’s worth much more than you are required to pay upfront.
BTC futures really gives the naysayers an opportunity to put their money where their mouth is. Believe BTC is trash, a bubble, will go to zero ? - then get shorting - if not, why not !
Personally I wouldn't touch BTC futures with a barge pole at the moment due to the coin's extreme volatility.Your friendly neighbourhood VirtualMonkey - Not giving financial advice since...well...ever.Comment
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