Bitcoin Futures Contract

[Cryptokobi]

Hey, someone know what is Bitcoin Futures Contract? and what will be the advantages of buying it?

Thanks!
Also noticed that there is project called payperex.com doing something similar

I found platform that give similar solution it called payperex.com

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[1713929128]

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[1713929128]

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[Cryptokobi]

It is not recommended to use bitcoin futures contracts unless you have the technology in this area because most of the playing futures contracts are loss-making, a loser's suggestion.
 

Join this group, and hear what the Crypto expert got to say https://t.me/bitcointoptraders

[Cryptokobi]

Hey, someone know what is Bitcoin Futures Contract? and what will be the advantages of buying it?

Thanks!
Also noticed that there is project called payperex.com doing something similar

Check this interesting video https://www.youtube.com/watch?v=o7TtwckPCUI

[Cryptokobi]

A futures contract is when a fork is not yet released and the exchange allows its users to trade "futures" as if it has been released, before the actual release date.

Check this out https://payperex.com/tokensale/?affiliate_id=1&campaign_id=1&source=RCFB

[bitfocus]

Kind of agreement that ensures that you will get a certain amount of Bitcoin for a certain price in the future. You can call it's similar to Gold ETF.

[Jonsnowstark]

It is not recommended to use bitcoin futures contracts unless you have the technology in this area because most of the playing futures contracts are loss-making, a loser's suggestion.
 

I agree. Bitcoin futures contract are for those who believe that bitcoin is a bubble and will burst anytime soon. For us who believes in bittcoin and that it will continue to go higher in a period of time, we don't need this. Losers never win. We'll have to reap the benefits of bitcoin on our own then.

[AtoyCo]

Maybe I'm being unduly pessimistic or cynical but ...

Futures seems to work "fairly" with normal stocks. Futures seem to reflect share price movements.

However, with some assets, namely precious metals, futures are used to manipulate the price. Notably, gold is suppressed because banks make huge puts (sell). On an average day, the number of contracts outweigh total gold production for a year. Settlement of futures is either cash or physical gold, but less than 1% or future contracts result in physical delivery.

With zero interest rates, banks can borrow for free and roll over or buy back at contract expiry, with no risk of loss, and sometimes even make a gain. This is called "wash and rinse".

The result is that gold price is pushed down.

Why is this done, and who benefits?

The actors are the Central banks, who don't want gold prices to rise, because it reflects the falling value of fiat currency. Why, after all, do house prices keep rising? Supply and demand to some extent, but realistically, it's a reflection of falling value of fiat currency vs hard assets. After all, house prices don't lend themselves to price manipulation.

Apologies for the long preamble, but what does this have to do with Bitcoin futures?

Bitcoin is rather like gold. Like gold or house prices, it can reflect the devaluation of fiat currency. This is what Central banks fear most.

BC is money, and unlike fiat currency it cannot be directly manipulated through money printing or withdrawal from circulation.

Until now!

With futures contracts, especially when there is no obligation to deliver actual bitcoins, it's possible to create these huge puts on Bitcoin. Inevitably, this could negatively affect the price.

My fear is that futures trading will be hijacked by banks and central banks to suppress the price of  BC.

Hope I'm wrong.

Price movement of BTC became slow after the futures contract went live yesterday.

[ipsum100]

Futures is a good thing for bitcoin for many reasons, but I give you a practical example:

I want to pay my 50 employees with bitcoins their monthly salary. But the value of bitcoin fluctuates a lot.

With bitcoin futures I can have a fixed price. If the value of the bitcoin goes up or down, it no longer affects me when I pay my employees.

[Cryptokobi]

Futures is a good thing for bitcoin for many reasons, but I give you a practical example:

I want to pay my 50 employees with bitcoins their monthly salary. But the value of bitcoin fluctuates a lot.

With bitcoin futures I can have a fixed price. If the value of the bitcoin goes up or down, it no longer affects me when I pay my employees.

https://i.imgur.com/JmUbUGH.jpg[/img]]

[Cryptokobi]

Futures is a good thing for bitcoin for many reasons, but I give you a practical example:

I want to pay my 50 employees with bitcoins their monthly salary. But the value of bitcoin fluctuates a lot.

With bitcoin futures I can have a fixed price. If the value of the bitcoin goes up or down, it no longer affects me when I pay my employees.

https://i.imgur.com/JmUbUGH.jpg[/img]]

https://payperex.com/tokensale/?affiliate_id=1&campaign_id=1&source=RCFB

[coinpediaJordan]

The first day of CBOE Bitcoin futures trading went according to plan with the price of Bitcoin even going past $17,000 for the first time Monday.
Checkout here more: https://[Suspicious link removed]/LxkuyW

[Cryptokobi]

The first day of CBOE Bitcoin futures trading went according to plan with the price of Bitcoin even going past $17,000 for the first time Monday.
Checkout here more: https://[Suspicious link removed]/LxkuyW

Check this one : https://payperex.com/tokensale/?affiliate_id=1&campaign_id=1&source=RCFB

[Cryptokobi]

Futures is a good thing for bitcoin for many reasons, but I give you a practical example:

I want to pay my 50 employees with bitcoins their monthly salary. But the value of bitcoin fluctuates a lot.

With bitcoin futures I can have a fixed price. If the value of the bitcoin goes up or down, it no longer affects me when I pay my employees.

The volatility will lower with the futures

[buiting]

Hey, someone know what is Bitcoin Futures Contract? and what will be the advantages of buying it?

Thanks!
Also noticed that there is project called payperex.com doing something similar

for me it’s escrow that bitcoin have value and can be used as payment system.

simple it is agreement you can pay using bitcoin

[Cryptokobi]

Hey, someone know what is Bitcoin Futures Contract? and what will be the advantages of buying it?

Thanks!
Also noticed that there is project called payperex.com doing something similar

for me it’s escrow that bitcoin have value and can be used as payment system.

simple it is agreement you can pay using bitcoin

ok

[coinnumber]

Bitcoin future is bigger and brighter without be told because it's encouraging it keeps growing all day which gives all members the greatest hope about the future all thanks the technologist and bitcoin inventors God bless you all.. (Amen)

[Shreek]

Hey, someone know what is Bitcoin Futures Contract? and what will be the advantages of buying it?

Thanks!

I think Bitcoin Future Contract, is an agreement between the buyer and seller in which you bought BTC (the number of btc agreed in the contract) in a specific price no matter what the value of bitcoin is in the future. If the value of bitcoin is higher than the agreed price on the date that you will receive the BTC you bought, then that's the advantage and vise versa as a disavantage.

a little more I add your answers, and people who do future contractual agreements ahead bitcoin will continue to benefit greatly from bitcoin. because every day the bitcoin value rises.

[Sarastiche]

The bitcoin future is one of the reason in the rise of BTC,the whales involve are adding value to the world of cryptocurrency.

[Cryptokobi]

Hey, someone know what is Bitcoin Futures Contract? and what will be the advantages of buying it?

Thanks!
Also noticed that there is project called payperex.com doing something similar

You need to read this one http://www.newsbtc.com/2017/12/18/payperex-bitcoin-disrupting-blockchain-status-quo/

[jowllikely]

To put it simply, it is a deal wherein it is arranged that the customer will buy bitcoins in a period of time in the future. It will be a good way to experiment seeing the values.