Quote from: pakaya on October 21, 2018, 05:04:32 AM

accounti s going banned dont try this its risky

You know what's risky? Taking advantage of someone else's effort aka stealing intellectual property, something that is not yours. So, I don't want to be the bearer of bad news but your account will be banned pretty soon, as copy and pasting cases here are treated with permabans.

PS. If you ever decide to post in Meta and ask why your account got banned, know that this is not because of a signature campaign.

Quote from: pakaya on September 28, 2018, 02:30:22 AM

I've been thinking about Bitcoin futures that had been added to a few regular exchanges in December, and it seems that I understand how Wall Street could manipulate the Bitcoin futures market as well as Bitcoin price itself. Many people think that these futures can affect Bitcoin prices and I agree with them to a degree, though for likely quite different reasons.

We all know that Bitcoin futures are cash settled. This basically means that when the contract expires a trader's account is simply debited or credited depending on the current Bitcoin price, and no delivery of real bitcoins takes place. When people buy contracts they expect prices to rise. Conversely, when they sell contracts, they expect prices to go down.

This opens wide the doors to market manipulation. The Bitcoin futures market makers can easily see how many contracts have been sold or bought at any given moment. When the number of bought contracts substantially exceeds sold contracts, market makers can sell real bitcoins at exchanges like Bitfinex, thus moving the price down and leaving traders with losses, and vice versa.

Such manipulation could make sense if there is enough volume in the Bitcoin futures market while the price can be easily moved in the required direction. This explains how Bitcoin futures can affect Bitcoin prices, though in a somewhat convoluted or even controversial way, while the number of open contracts can then be used as a contrary indicator of sorts.

What do you guys think of this scheme?

original:

Quote from: Canis Majoris on January 28, 2018, 04:28:22 PM

I've been thinking about Bitcoin futures that had been added to a few regular exchanges in December, and it seems that I understand how Wall Street could manipulate the Bitcoin futures market as well as Bitcoin price itself. Many people think that these futures can affect Bitcoin prices and I agree with them to a degree, though for likely quite different reasons.

We all know that Bitcoin futures are cash settled. This basically means that when the contract expires a trader's account is simply debited or credited depending on the current Bitcoin price, and no delivery of real bitcoins takes place. When people buy contracts they expect prices to rise. Conversely, when they sell contracts, they expect prices to go down.

This opens wide the doors to market manipulation. The Bitcoin futures market makers can easily see how many contracts have been sold or bought at any given moment. When the number of bought contracts substantially exceeds sold contracts, market makers can sell real bitcoins at exchanges like Bitfinex, thus moving the price down and leaving traders with losses, and vice versa.

Such manipulation could make sense if there is enough volume in the Bitcoin futures market while the price can be easily moved in the required direction. This explains how Bitcoin futures can affect Bitcoin prices, though in a somewhat convoluted or even controversial way, while the number of open contracts can then be used as a contrary indicator of sorts.

What do you guys think of this scheme?

2 mod: if this topic belongs to Speculation, please move it there!

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