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Title: Futures market for bitcoins Post by: gmk80 on June 12, 2011, 02:34:32 PM Is there something analagous to a futures market for bitcoins? So that I could, say, contract to sell bitcoins in September for $25, or buy them in December for $20?
This would take some of the volatility out of the market, and reduce the risk for a miner who wants to buy a bunch of rigs, but wants to hedge his future revenue to match his capital investment in case of a market crash or to offset the volatility. Title: Re: Futures market for bitcoins Post by: gmk80 on June 12, 2011, 05:36:13 PM Apparently http://bitoption.org is a futures market, albeit a nascent one. Good to know.
Title: Re: Futures market for bitcoins Post by: Jonathan Ryan Owens on June 12, 2011, 06:06:33 PM Is there something analagous to a futures market for bitcoins? So that I could, say, contract to sell bitcoins in September for $25, or buy them in December for $20? This would take some of the volatility out of the market, and reduce the risk for a miner who wants to buy a bunch of rigs, but wants to hedge his future revenue to match his capital investment in case of a market crash or to offset the volatility. Like the previous reply said, the answer is yes. There's no volume, and almost nobody participating in that market right now. It's a bit premature. Perhaps it will see adoption in the next few months, but for now, it is indeed nascent. Title: Re: Futures market for bitcoins Post by: Fireball on June 20, 2011, 02:40:22 PM FYI, I'm working on a real futures contracts exchange. It's in the stage of active development, but takes time. I will post the progress occasionally on the forum. Also testers will be needed to test the market. If anyone is interested - please let me know.
Update: https://icbit.se/ - the futures market is now live, welcome! Title: Re: Futures market for bitcoins Post by: FractalUniverse on June 20, 2011, 04:29:42 PM FYI, I'm working on a real futures contracts exchange. It's in the stage of active development, but takes time. I will post the progress occasionally on the forum. Also testers will be needed to test the market. If anyone is interested - please let me know. hi that sounds good. will it be leveraged?+ shorting possibility? i think i can test but it depend on how much i would have to invest .. Title: Re: Futures market for bitcoins Post by: Fireball on July 30, 2011, 06:43:41 PM will it be leveraged?+ shorting possibility? Yes of course. Title: Re: Futures market for bitcoins Post by: shakaru on July 31, 2011, 10:08:48 AM GLBSE has the option to trade futures. Talk to Nefario more about it. He is the creator of that site. Also a mod here. Very well trusted. Very helpful person.
Also, while it is much harder, you could just make a PGP (or gpg?) signed contract in #bitcoin-otc. I would highly suggest the first as GLBSE does add some legitimacy. Title: Re: Futures market for bitcoins Post by: PatrickHarnett on July 31, 2011, 09:35:49 PM I'm meeting some people tomorrow who run a "prediction" site locally who are thinking about adding BTC to their site. They are licensed as a futures market/trader so could do it.
Title: Re: Futures market for bitcoins Post by: done on July 31, 2011, 10:19:09 PM http://forum.bitcoin.org/index.php?topic=33092.0
We are looking for beta testers atm. You will be able to wager hourly on bitcoin prices. Title: Re: Futures market for bitcoins Post by: Nefario on July 31, 2011, 11:28:48 PM bitoption is for options, not futures. And yes anyone who wants to start doing futures on GLBSE I'll help out as much as possible.
Nefario. Title: Re: Futures market for bitcoins Post by: Fireball on December 14, 2011, 09:48:20 PM Putting here a reference to the new topic about development of the real futures market for bitcoins.
The topic is here: https://bitcointalk.org/index.php?topic=50817.0 Link to the website is here: https://icbit.se Title: Re: Futures market for bitcoins Post by: bcpricemsia on December 20, 2017, 03:37:25 AM Some friendly advice ;)
Before going into Bitcoin Futures, always learn the ropes of traditional institutionalized investing. I wrote a quick blog post to help understand what Futures are and how this works for Bitcoin You can check it out here: https://www.bitcoinpricemalaysia.com/blog/bitcoin-futures-good-or-bad/ (https://www.bitcoinpricemalaysia.com/blog/bitcoin-futures-good-or-bad/) |