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Author Topic: Futures market for bitcoins  (Read 2047 times)
gmk80
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June 12, 2011, 02:34:32 PM
 #1

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.

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gmk80
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June 12, 2011, 05:36:13 PM
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Apparently http://bitoption.org is a futures market, albeit a nascent one. Good to know.
Jonathan Ryan Owens
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June 12, 2011, 06:06:33 PM
 #3

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.

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June 20, 2011, 02:40:22 PM
 #4

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!

Margin trading platform OrderBook.net (ICBIT): https://orderbook.net
Follow us in Twitter: https://twitter.com/orderbooknet
FractalUniverse
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June 20, 2011, 04:29:42 PM
 #5

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 ..
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July 30, 2011, 06:43:41 PM
 #6

will it be leveraged?+ shorting possibility?

Yes of course.

Margin trading platform OrderBook.net (ICBIT): https://orderbook.net
Follow us in Twitter: https://twitter.com/orderbooknet
shakaru
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July 31, 2011, 10:08:48 AM
 #7

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.

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PatrickHarnett
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July 31, 2011, 09:35:49 PM
 #8

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.
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July 31, 2011, 10:19:09 PM
 #9

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.
Nefario
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July 31, 2011, 11:28:48 PM
 #10

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.

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
Fireball
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December 14, 2011, 09:48:20 PM
 #11

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

Margin trading platform OrderBook.net (ICBIT): https://orderbook.net
Follow us in Twitter: https://twitter.com/orderbooknet
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December 20, 2017, 03:37:25 AM
 #12

Some friendly advice  Wink

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/
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