Cryptocurrency

[scooterscot]

check out the volume across the exchanges trying to get into XEM... hold on to your panties.

 

[bish]

Bought NXS few days back which is not looking too shabby today either

 

[TheGreenBastard]

Should I wait until Corbyn gets in?

When that happens either you'll get a bargain or home ownership will be outlawed!

 

[scooterscot]

DNT is going TNT.

 

[SunnyInHades]

Could someone explain this to me. I haven't really looked at futures...what is it saying?

"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.

 

[stonehenge]

This crypto world is mad.

https://coinranking.com/?sorton=change

 

[VirtualMonkey]

doge...is that you...did you wake up?

 

[VirtualMonkey]

This crypto world is mad.

https://coinranking.com/?sorton=change

Sure is. That top one only has a trade volume of a couple of thousand dollars and it's shot up

 

[Lance]

"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.

Eddie Murphy’s Trading Places is a great movie and teaches plenty about futures and how they work.

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.

 

[VirtualMonkey]

"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.

How does the high and low price fit in? Or is one the buy and the other the future sell price?