Quote from: Ezmoneyezlife on March 11, 2015, 08:43:23 AM

Quote from: empowering on March 11, 2015, 08:38:56 AM

Fuck me.... it is a party

https://www.cryptofacilities.com/derivatives/pressreleases

https://www.cryptocoinsnews.com/traditional-bankers-creating-bitcoin-derivatives/

"Bitcoin Derivatives

In partnership with another former big-time banker, Jean-Christophe Laruelle from Société Générale, Schlaefer has founded Crypto Facilities. What Crypto Facilities will be primarily concerned with is the hedging of Bitcoin investments via derivatives trading. Its first offering will be the trusty forward contract, a trading mechanism utilized in all derivatives markets. These are purely financially-minded people, keep in mind, and the liberating benefits of Bitcoin as well as its technological superiority are meaningless to them. In their press release, they make as much clear:

The platform aims to appeal to sophisticated investors and is backed by a high-profile team of experienced professionals from top investment banks and regulatory advisors. The bitcoin space still lacks professional, reliable marketplaces, and this is what we provide. We apply the same standards in terms of risk management, compliance and reporting as you would see in the traditional finance space, said Timo Schlaefer, Co-Founder and CEO."

Yeah, cool m8, now banksters will be able to pump btc derivatives instead of btc itself.

Yeah I am not a major fan, because they rehypothecate and over leverage, which is all fun and games until one of them over extends and then pull the whole god damn building down ontop of everyone..

However, derivatives, as the name implies are derived from something.... in this case the price of Bitcoin.

Social osmosis in full effect though...

People
Companies
Corportations
Regulators
Governments
Banks
More people

What do you figure is the difference between this vehicle and the ones in the past.... here is a hint... transparency.

I do not know if you have been paying attention, but people are sick of the BS.

They are being given another option, they might not all realise it yet.

Lets see where is all goes hey?

Let the disintermediation continue.

Wink