Author

Topic: Bitcoin exchanges/banks … (Read 767 times)

legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
September 27, 2011, 04:03:48 PM
#4
It works on margin, not fractional reserve. So you have to deposit something, and then you get 5:1 leverage off that position.
N12
donator
Activity: 1610
Merit: 1010
September 27, 2011, 03:56:41 PM
#3
I believe so, but I’d like to deposit Bitcoins for that purpose over a longer term. Do they lend from their own reserves? Otherwise they must be fractional reserve.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
September 27, 2011, 03:51:27 PM
#2
You can short with Bitcoinica, right?  Why not do that with no interest paid?
N12
donator
Activity: 1610
Merit: 1010
September 27, 2011, 03:42:28 PM
#1
… offering short selling and paying Bitcoin depositors a bit of interest.

Are there any? Thoughts?
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