Segwit2x Bitcoin Fork Suspended

Re:Segwit2x Bitcoin Fork Suspended by panarky on Wednesday November 08, 2017 @01:31PM (#15655385)

Futures on the forked coin were trading north of $1000 earlier today.

After the announcement, the price dropped to $1, and has since rebounded to $200.

Maybe the $1000 BT2 price wasn't really a bet on free money, but on the prospect that BT2 might replace BTC.

If the expectation was that post-fork BTC + BT2 ~= today's BTC, that means that today's BTC price was depressed by this possibility.

Now that BT2 is cancelled, the value flows back to BTC.

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Re:Segwit2x Bitcoin Fork Suspended by IncRnd on Wednesday November 08, 2017 @01:42PM (#15655524)

Where is there a market for futures on cryptocoins?

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Re:Segwit2x Bitcoin Fork Suspended by panarky on Wednesday November 08, 2017 @01:54PM (#15655666)

BitMEX, CBOE, Deribit, and others all offer bitcoin futures, with new exchanges appearing all the time.

The Chicago Mercantile Exchange says they'll start trading Bitcoin futures by year-end.

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Re:Segwit2x Bitcoin Fork Suspended by IncRnd on Thursday November 09, 2017 @11:32AM (#15663737)

Thank you. I wasn't aware of Chicago Merc. That holds a lot more interest to me than the others. I'll look up your reference to Chicago.

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