So you should be more excited than anyone about these futures being offered, right? They are giving you the option to enter a trade you can't lose on, why all the negativity?Just tried shorting bitcoin in this investment vehicle that I follow and it doesn't allow it!!!!
Yep go figure....
Cultist repeating the mantra.
And 21 million Bitcoin cash and 21 million Seg2X. Not to mention 84 million Litecoin and who knows how many ETH etc.etc.
Stop repeating long refuted not factual arguments. Cryptos are NOT unlimited, and since they are interchangable it is irrelevant if one is "limited".
Not to mention that limit can be increased with consensus.
These are cash-settled Futures. So (sadly) no real Bitcoins involved (other than that parties might hedge their Futures-positions with real Bitcoins, or visa-versa).
Miners might use them to lock-in profits for future productions.
Then it seems like it might be better to trade bitcoin with futures. You don't have to deal with bitcoin wallets being hacked, Coinbase accounts being hacked, bitcoin exchanges getting hacked, etc.
Then it seems like it might be better to trade bitcoin with futures. You don't have to deal with bitcoin wallets being hacked, Coinbase accounts being hacked, bitcoin exchanges getting hacked, etc.
Good point, but with the futures you will miss out on the fork dividends. That is an extra 5-15% in every quarter or so.
Please help me understand why bitcoin forks? Also, since bitcoin is suppose to be un regulated who decided to fork it?