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/biz/ - Business & Finance

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22419600 No.22419600 [Reply] [Original]

>LINK contracts on bitmex now

>> No.22419648

Bullish

>> No.22419816
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22419816

>>22419600
please do tell me if thats a good or bad thing

>> No.22419868

>>22419816
Why not checkout how well the other coins that got added have fared.

>> No.22419885

>>22419816
getting added to bitmex at the end of a parabolic run isn't good. it's now easier to make money just by shorting and dumping, doesn't require any new money to join.

>> No.22419928

>>22419600
Next bitmex or binance outage is going to be awesome.

>> No.22420051

>>22419816
Megan my future wife

>> No.22420219

Why is the mex price like $2 above market price?

>> No.22420245

>>22419600
FINALLY WE CAN SHORT IT FOR REAL

>> No.22420334

>>22419600
No one cares

>> No.22420932

>>22420219
I think the contracts settle in btc. So it shouldn't do too much to the price

>> No.22421296

>>22419648
cope

>> No.22421552
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22421552

Guys the future contract is currently around $14. What does that mean? Why isn't anyone arbitraging this?

>> No.22421612

>>22421552
What maturity?

>> No.22421641

>>22421552
Why aren't You arbitraging this?

>> No.22421690
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22421690

>>22421552

>> No.22421955

>>22421612
Christmas this year.

>>22421641
I don't have the capital and I'm a long-term speculator. Shouldn't institutional traders be all over this? I heard they're so yield-starved they're buying CCC debt.

>>22421690
I genuinely don't understand, which is why I'm asking for help. The premium on BTC, XRP etc are tiny in comparison.

>> No.22422060

>>22421955
You need to understand what a futures contract is.

>> No.22422077

>>22421955
With that maturity and that little premium I wouldn't exactly call this an arbitrage opportunity

>> No.22422158

>>22422077
BTC futures for the same period are 0.5% above and closely follows spot price. You don't think 10% over 3 months is an arbitrage opportunity? Not even for institutional traders?

>> No.22422171 [DELETED] 

>>22419600
Damn kikes. Was fun while it lasted, time to sell.

>> No.22422359

>>22422158
Not with the current link vol

>> No.22422722
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22422722

>>22419600
Merry Christmas /biz)

>> No.22422793

>>22419816
bad skin quality and dentition, why does she keep getting posted

>> No.22422819

>>22421955
forwardation look it up you're welcome

>> No.22422845

>>22422793

Paging doctor faggot.

>> No.22422933

Why cant it get to even at least 50

>> No.22422997

>>22422845
paging doctor no standards

>> No.22423185

>A Bitcoin Quanto LINK/USDT futures contract has a fixed Bitcoin multiplier regardless of the USDT price of LINK. This allows the trader to go long or short the LINK/USDT exchange rate without ever touching LINK or USDT. The trader will post margin in Bitcoin, and make or lose Bitcoin as the LINK/USDT exchange rate changes.

>All margin is posted in Bitcoin, that means traders can go long or short this contract using only Bitcoin.

This reminds me of how banks are fixing gold's price using paper contracts...
A future contract should be a contract to deliver a fixed amount of Chainlink at a certain date.
This only serves to steal money which should be going to Sergey when he is selling Link for his nodes and to help fund his development costs.