Re:MtGox launches Bitcoins.com, an information site for all ...
by gaadd33 on Thursday November 28, 2013 @02:53PM
(#6816110)
How do they take a position in BTC? Or is it just a casino? i.e. if I put 50K into an account there and used it to buy $250K of BTC, that should have a pretty drastic impact on the market looking at mt gox's order books, does that actually happen?
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Re:MtGox launches Bitcoins.com, an information site for all ...
by taigeair on Thursday November 28, 2013 @05:47PM
(#6816889)
My understanding is they net it if someone takes an opposing position and if not, they hedge by buying contracts or BTC outright.