Trading Bitcoin With Leverage.

rational_chaos said:
Oh, I almost forgot to mention, look at the spread between exchanges. Then realize the spread on each exchange is usually 1 to 5 dollars. If you know anything about market making or arbitrage then you should be drooling at the opportunity.
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My God you would think I said I was gonna kill the President of the United States. Although some people may like that.

My best guess for what will go wrong with bit coin is government intervention. Already United States government has said that it is a way for money laundering and paying for criminal activity. I believe they will make it illegal for US citizens to own this. very similar to what happened with online poker here in the states. They shut down all those sites for US citizens and confiscated the funds. Very few people got their money back.
 
Jdesey said:
My God you would think I said I was gonna kill the President of the United States. Although some people may like that.

My best guess for what will go wrong with bit coin is government intervention. Already United States government has said that it is a way for money laundering and paying for criminal activity. I believe they will make it illegal for US citizens to own this. very similar to what happened with online poker here in the states. They shut down all those sites for US citizens and confiscated the funds. Very few people got their money back.
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I hope you will remember this conversation in the year 2020.
 
Since I mentioned Kraken, I need to warn everyone not to go near that one. Worst platform I've ever experienced, and they only give you some of the leverage they promise- none at decent chart points when you actually want to buy or sell. This has delayed my leveraged crypto trading until the CME products finally come out (soon!) Bittrex, Coinbase, and Gemini are legit for un-leveraged trading.
 
Rearden Metal said:
Since I mentioned Kraken, I need to warn everyone not to go near that one. Worst platform I've ever experienced, and they only give you some of the leverage they promise- none at decent chart points when you actually want to buy or sell. This has delayed my leveraged crypto trading until the CME products finally come out (soon!) Bittrex, Coinbase, and Gemini are legit for un-leveraged trading.
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Yes, I walked away from Kraken as well. Used them to dump Bcash, but it's not workable anymore. They have to invest heavily in hardware, or go bankrupt.
 
Greetings,

I have made good experience so far with Bitmex. Good for scalping, especially if you combine it with Sierra Chart, which is possible and gives you good charts and a DOM for scalping.
I also like how I get nice rebates for adding liquidity.
 
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