Post
Topic
Board Securities
Re: [Havelock] Bitcoin Difficulty Derivative (BDD)
by
sillywhim
on 21/07/2014, 18:38:30 UTC
Math Time!

I've been putting this off for a while, but the two of you bring up an interesting point regarding holding B.EXCH.

Ideally, it should not be profitable for people to hold B.EXCH (1 MINE and 1 SELL) long-term. The reason for this is that people could simply buy EXCH and sit on it, contributing nothing to the Derivative - it's modeled after a zero-sum game, after all.


Right, don't hold B.EXCH long time. Buy/Sell short term. Someone who did just this would have gained 8% ROI over the past 30-days buying and selling.

SIMPLE MATH.