Viewing a response to: @stephenkendal/re-rawdawg-re-stephenkendal-bitcoin-futures-are-a-total-joke-they-may-as-well-call-them-bitcoin-bananas-20171206t183023071z
LOL, it’s not a *theory* and lacking knowledge in a subject is not an excuse for misguiding people. BTC futures are a derivative of the BTC index which is based on the BTC price on multiple different exchanges(ave. price of BTC). The main differentiation between buying BTC and BTC futures is leverage and that is the attractive feature of the product. I respect what you do, as using a funny knock(bananas) on the product is a good sales pitch but when someone calls you on it this is what happens. Most of your readers don’t have enough trading/financial experience to do so.
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author | rawdawg |
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