How Do You Think About Bitcoin Derivatives?

[BitOffer.EN]

More and more derivatives exchanges came out. As I see, bitcoin derivatives are the improvement and development of the bitcoin market.
But it still needs some regulated exchanges to perfect the products.
In my opinion, perpetual swap on BitMEX is the best. And options trading and ETF is still a potential market. I trust that BitOffer will achieve it.

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[kotik085]

There are advantages in trading with derivative exchanges, and that there is a use from this and the possibility of making a profit. Bitcoin derivatives are a plus to Bitcoin and you need to profit from this trade, an eternal swap on BitMEX.

[franky1]

if your not holding a bitcoin private key with coins associated to the keypair. you dont own bitcoin

if you own ETF shares and other derivatives you definetly dont own bitcoin.
if you want to play with shares and derivatives go play at a horse, greyhound race track, or play with fiat derivatives because they are the same thing

the only thing they can help with is small grabs of initial trust hoarding of these institutions but not the day to day movements of the actual bitcoin price

take bakkt for instance. they are only hoarding ~1000 coin and that purchase was months ago. now bakkt customers are just gambling fiat against an index of some website. not actually touching bitcoin

alot of people hope that when more companies set up ETF's they will go on huge buy up's of lots of coins. but most institutions will only be buying up 5-10 coins at a time and mostly using institutions who privately sell them between each other on OT not on the public exchanges.

so dont expect the ETF markets to prop up the price sustainably. just expect more volatile waves

[Wind_FURY]

OP, people into derivatives investing might get the point of investing for fiat, but they miss the true point of Bitcoin. True HODLING is more than investing in my opinion.

Plus franky1, what are your thoughts about ETFs, or other derivatives, and Bitcoins held by custodians? I believe if enough coins are in "their" control, Bitcoin could fail.

[AssociatesBumble579]

I appereaset with you, Im also belive that It will be take a potential market and maintain derivatives as per previous.

[Myfe]

More and more derivatives exchanges came out. As I see, bitcoin derivatives are the improvement and development of the bitcoin market.

I used to think the same, that the derivatives exchanges were beneficial for bitcoin. Now i think not so much. These derivative exchanges just create an investment market parallel to the bitcoin market, not in it. If the investment or exchange isn't hitting the blockchain, it's not influencing bitcoin. It's like a bunch of rich people that don't want to touch bitcoin have decided to make some side bets on its price...like a friday night parlour trick, entertainment on boys night out, etc. They don't take bitcoin seriously, they just want something new to bet with their "play money".

Let's not give too much credit to the derivative exchanges until they start interacting with the blockchain.