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Topic: Another CFTC thread. Bitcoin derivatives. (Read 1384 times)

hero member
Activity: 558
Merit: 500
May 10, 2013, 11:04:38 AM
#9
Already exist. Im both buying and shorting Bitcoins through plus500, getting 4:1 leverage. For me its a lot easier than buying selling actual coins as I can deposit using credit card and can buy a lot more coins. Also the site is regulated in the UK so I actually trust it a lot more than most of these Bitcoin exchanges.

Exactly... every sentence of it.
sr. member
Activity: 465
Merit: 254
Already exist. Im both buying and shorting Bitcoins through plus500, getting 4:1 leverage. For me its a lot easier than buying selling actual coins as I can deposit using credit card and can buy a lot more coins. Also the site is regulated in the UK so I actually trust it a lot more than most of these Bitcoin exchanges.
hero member
Activity: 546
Merit: 500
hedging, forward delivery, leverage, time premium




newbie
Activity: 25
Merit: 0
Sure. For bitcoins' offline use
sr. member
Activity: 350
Merit: 250
used to wonder about this too. After all, an infrastructure for MtGox codes and the like would have to be built first.

But then, Ripple came along. Ripple will enable Bitcoin derivatives and Bitcoin fractional reserve banking easily.

Ripple can already do btc derivatives.

Consider an IOU at market value.  Then trade out the IOU a day later.

You have futures, forwards and contract for differences.

I welcome regulation, if the goal is fraud prevention. 
legendary
Activity: 1764
Merit: 1007
yup, maybe a gateway in ripple doesn't own all the bitcoins it would say it does  Lips sealed
sr. member
Activity: 462
Merit: 250
Clown prophet
Bitcoin ??banking?? lol
legendary
Activity: 1764
Merit: 1007
used to wonder about this too. After all, an infrastructure for MtGox codes and the like would have to be built first.

But then, Ripple came along. Ripple will enable Bitcoin derivatives and Bitcoin fractional reserve banking easily.
sr. member
Activity: 462
Merit: 250
Clown prophet
Does anyone find sense in bitcoin derivatives?

I just can't imagine how a piece of paper with "Here is 1 Bitcoin" could be better than just 1 Bitcoin.
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