|
Title: Trade futures of BTC and S2X forks? Post by: CryptoFiction on October 26, 2017, 01:26:35 AM Don't know exactly when this started, but at BTCC DAX you can trade (futures?) of the forked 1MB/BTC for a price of .8 BTC and the forked 2MB/BTC for the price of .2 BTC. And it appears that there's buy and sell bids at various prices.
Really interesting gamble. Anyone know if an American sending BTC to BTCC DAX is considered to be sending funds offshore? Also, can this be an early indicator of the chances of success for either chain? Title: Re: Trade futures of BTC and S2X forks? Post by: Iranus on October 26, 2017, 01:38:20 PM That's extremely confusing. From their information page (https://www.btcc.com/fork/?utm_source=news&utm_campaign=fork):
BTCC will consider one BTC to be equivalent to one 1MB and one 2MB. They're two chains with different consensus rules, so they can't just be BTC. I'd rather that SegWit2x futures were traded in BTC value, and 1 BTC stays at the value of 1 BTC.Obviously SegWit2x is going to call itself BTC as well, but since it doesn't exist yet, it would make sense to compare it to something you can actually send to and withdraw from an exchange so that you can trade it with something that actually exists. After the fork happens, exchanges could decide which one chain to call BTC based on which has the economic majority of support. |