Bitcoin Forum
December 11, 2016, 01:56:43 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: BitFutures  (Read 1762 times)
BrightAnarchist
Donator
Legendary
*
Offline Offline

Activity: 853



View Profile
September 14, 2010, 04:37:14 AM
 #1

I've had this idea for a while, but I'm probalby too lazy to implement it anyway. So I might as well put the idea out there for others to muse over.

Derivatives trading denominated in bitcoins. Futures, options, or entirely new types of contracts.

Obviously, we're not at the point where we can buy real stocks or bonds with BTC, but I don't see any reason why we cannot trade derivatives off of these instruments.

The only problem is that the market for BTC derivatives probably won't be very liquid, at least initially.
1481464603
Hero Member
*
Offline Offline

Posts: 1481464603

View Profile Personal Message (Offline)

Ignore
1481464603
Reply with quote  #2

1481464603
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481464603
Hero Member
*
Offline Offline

Posts: 1481464603

View Profile Personal Message (Offline)

Ignore
1481464603
Reply with quote  #2

1481464603
Report to moderator
1481464603
Hero Member
*
Offline Offline

Posts: 1481464603

View Profile Personal Message (Offline)

Ignore
1481464603
Reply with quote  #2

1481464603
Report to moderator
em3rgentOrdr
Sr. Member
****
Offline Offline

Activity: 434


youtube.com/ericfontainejazz now accepts bitcoin


View Profile WWW
September 14, 2010, 05:32:08 AM
 #2

I like your idea.  Any opensource stock market tools out there?

"We will not find a solution to political problems in cryptography, but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks, but pure P2P networks are holding their own."
jgarzik
Legendary
*
Offline Offline

Activity: 1470


View Profile
September 14, 2010, 06:34:08 AM
 #3

A few people have earlier expressed interest in bitcoins futures trading.  Would help stabilize bitcoin exchange rates a bit.

Jeff Garzik, bitcoin core dev team and BitPay engineer; opinions are my own, not my employer.
Donations / tip jar: 1BrufViLKnSWtuWGkryPsKsxonV2NQ7Tcj
mpkomara
Full Member
***
Offline Offline

Activity: 180



View Profile
September 14, 2010, 10:29:09 AM
 #4

The demand for bitcoin-based derivatives is secondary to the demand for bitcoins.  Bitfutures will probably emerge from a betting site like bitbet.org where proposition bets are settled futures-style into bitcoins.  Something similar to intrade or betfair will be necessary where there is no central bookmaker, just an exchange on which bettors meet other bettors.

I think bitbet.org could use some help in this regard.  maybe MtGox could lend a hand removing the bookmaker from bitcoin-based proposition betting.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!