RE: Bitcoin Futures Launched Last Night Without A Hitch by blk924s

View this thread on steempeak.com

Viewing a response to: @jrcornel/bitcoin-futures-launched-last-night-without-a-hitch

· @blk924s ·
Why aren't traders being given the option to short the price?
👍  
properties (23)
post_id20,140,399
authorblk924s
permlinkre-jrcornel-bitcoin-futures-launched-last-night-without-a-hitch-20171211t202448468z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2017-12-11 20:27:30
last_update2017-12-11 20:27:30
depth1
children4
net_rshares1,205,673,640
last_payout2017-12-18 20:27:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length61
author_reputation1,278,399,719
root_title"Bitcoin Futures Launched Last Night Without A Hitch"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@harpooninvestor ·
It's quite common for a brand new issue to not have shorting for a few days after it begins trading.  As for the reason brokers do it this way-- it's a good question.
👍  , ,
properties (23)
post_id20,144,886
authorharpooninvestor
permlinkre-blk924s-re-jrcornel-bitcoin-futures-launched-last-night-without-a-hitch-20171211t213321846z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2017-12-11 21:33:21
last_update2017-12-11 21:33:21
depth2
children3
net_rshares1,988,933,867
last_payout2017-12-18 21:33:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length166
author_reputation298,156,611,743
root_title"Bitcoin Futures Launched Last Night Without A Hitch"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
@blk924s ·
Interesting!  I don't understand futures beyond their basic purposes - but I'm wondering here if, although some said that on Sunday the market had priced in fears regarding bearish futures contracts being taken out and the spot price of Bitcoin then being shorted by the holders of those contracts, if the real big Bitcoin shorts are still waiting in the shadows 'till they can go short on the futures?
properties (22)
post_id20,149,956
authorblk924s
permlinkre-harpooninvestor-re-blk924s-re-jrcornel-bitcoin-futures-launched-last-night-without-a-hitch-20171211t224102161z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2017-12-11 22:43:45
last_update2017-12-11 22:43:45
depth3
children1
net_rshares0
last_payout2017-12-18 22:43:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length402
author_reputation1,278,399,719
root_title"Bitcoin Futures Launched Last Night Without A Hitch"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@harpooninvestor ·
Well remember, SOMEONE is effectively shorting the futures NOW, this is bc when they were created it's unlikely the futures exchange(s) went out and purchased enough bitcoin to sell to buyers.  So the big exchanges might actually be net-shorting bitcoin just to sell the contracts.  Also, big banks may have recieved authorization from financial regulatory bodies to "naked" short bitcoin futures.  Regulating bodies have their own best interest at hearts (contrary to their official-sounding names) and might be working in concert to suppress bitcoin prices for the near future.  This was all documented by some gold-bugs back in 2011 when gold and silver were going "nuts". 
you can search the internets for more info on that.  

Main point:  with futures out there now, we all have to be careful about thinking the fast 100% up moves will last much longer, at least in BTC anyway.  Good time to be a little more "conservative" with bitcoin trading/investing.
properties (22)
post_id20,365,599
authorharpooninvestor
permlinkre-blk924s-re-harpooninvestor-re-blk924s-re-jrcornel-bitcoin-futures-launched-last-night-without-a-hitch-20171213t211711261z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2017-12-13 21:17:09
last_update2017-12-13 21:17:09
depth4
children0
net_rshares0
last_payout2017-12-20 21:17:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length961
author_reputation298,156,611,743
root_title"Bitcoin Futures Launched Last Night Without A Hitch"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@phgnomo ·
I guess It is because they need some long orders to match the shorts. The logic dictates that someone need to have a buy contract in order to an sell contract to bem avaiable.
properties (22)
post_id20,207,891
authorphgnomo
permlinkre-harpooninvestor-re-blk924s-re-jrcornel-bitcoin-futures-launched-last-night-without-a-hitch-20171212t123757753z
categorybitcoin
json_metadata"{"app": "steemit/0.1", "tags": ["bitcoin"]}"
created2017-12-12 12:38:03
last_update2017-12-12 12:38:03
depth3
children0
net_rshares0
last_payout2017-12-19 12:38:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length175
author_reputation22,733,518,989,206
root_title"Bitcoin Futures Launched Last Night Without A Hitch"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000