Been rising pretty good with the Greece news included
Will be interesting to see how Bitcoin reacts alongside the world markets in tomorrows afternoon trading Hold ^^.
I think I found a way to have a smooth transition so there will be no (or very limited) arbitrage:
let me know what you think about it!
U_U Forgot to respond
That should work as it allows for a uniformed transition between the exchanges, as long as people remember to use the bitcoinaverage price to settle their last position before July 15, before transitioning and buying a coindesk position 8 hours later, removing and changing the ticker link on the OP page would do the trick for most ha-ha.
Looking at it now CD is sitting at 270.1 while BA is at 270.95
In scenario A the person would have a slightly higher value BA price and would close their position at a higher BA price
In Scenario A the user would be close 1 BTC at 270.95 USD BA instead of at 270.10 USD and would have an incentive to do so before D-Day for minor gains but afterwards would lose the minor difference.
In Scenario B the user would wait until D-Day to enter their position or would have a tiny incentive to sneak pennies through for a few days by buying CD and selling BA every 8 hours like a boss bwahah which is fine with me if they put that much dedicated effort to it
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We will start to use the Coindesk BPI after on the 15th of july. More details will be posted after the activity check (3rth of july)
