Viewing a response to: @goldgoatsnguns/re-stephenkendal-bitcoin-futures-are-a-total-joke-they-may-as-well-call-them-bitcoin-bananas-20171206t203420090z
They are cash settled off a BTC index which is based on multiple different exchanges BTC prices.
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author | rawdawg |
permlink | re-goldgoatsnguns-re-stephenkendal-bitcoin-futures-are-a-total-joke-they-may-as-well-call-them-bitcoin-bananas-20171206t205156156z |
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So what? They are still cash-settled... and there is an infinite supply of dollars and a finite number of bitcoin.
post_id | 19,656,642 |
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author | goldgoatsnguns |
permlink | re-rawdawg-re-goldgoatsnguns-re-stephenkendal-bitcoin-futures-are-a-total-joke-they-may-as-well-call-them-bitcoin-bananas-20171206t211305560z |
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"Being cash-settled contracts they have zero relation to the underlying asset" 100% incorrect statement
post_id | 19,657,020 |
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author | rawdawg |
permlink | re-goldgoatsnguns-re-rawdawg-re-goldgoatsnguns-re-stephenkendal-bitcoin-futures-are-a-total-joke-they-may-as-well-call-them-bitcoin-bananas-20171206t212006243z |
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