Bitcoin mining activity shows bullish signs for Bitcoin
by
Collective Holdings
on 29/03/2020, 15:10:45 UTC
Although price went sub 6k, hash rate didn't go below Nov and Dec 2019 numbers.
I consider this a bullish sign as Bitcoin miners believe price will go up in the long term. On the short term, we might see more pain as not enough miners have experienced pain. What do you think?
USDT Perpetual contracts on Bybit - Updates make leverage trading safer?
by
Collective Holdings
on 27/03/2020, 05:05:34 UTC
I know many people here hate futures exchanges but it might be something some people here might be interested in.
Bybit CEO was on Cointelegraph and gave an AMA about their new USDT perpetual contracts, insurance options and other upcoming products. Here is the AMA: https://www.youtube.com/watch?v=GRg1MopxNxc
Key points: - You can long and short at the same time up to 100x leverage (starts at 12:40) - If you hold same amount of long and short contracts you will never get liquidated. (48:30) - You can buy insurance against your leveraged position (12:46)