Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Nasdaq Plans to Introduce Bitcoin Futures

bloomberg.com

Post reply on HN
Print view View original

291–300 of 368 posts

Re: Nasdaq Plans to Introduce Bitcoin Futures

#291

Post by endless1234 »

copperx wrote: post #96
andrewwharton wrote: post #89

Earlier quoted context omitted.

I've said it before and I'll say it again. We've been cruising past orders of magnitude ($0.10 > $1 > $10 > $100 > $1000 > $10000) and at any one of those jumps it seemed like the top of a bubble and just as likely to go in the opposite direction with the same velocity. Don't kick yourself for spending when you did, because as I'm sure you're aware, it's just as likely that you could be now saying "Thank goodness I u…

"I don't regret being a millionaire, and you shouldn't either."

Do you regret not buying every penny stock that went up in value, every roulette ball that landed on red you didn't bet on? From a get rich quick standpoint there is no difference.

Re: Nasdaq Plans to Introduce Bitcoin Futures

#292

Post by Twisell »

megaman22 wrote: post #40
mads wrote: post #35

Man, this is just weird. I just bought 0.05 Bitcoins (you know FOMO and all that) and it just feels so much more empty than back in the days when I mined them myself with my brand new dual Xeon CPU and later on was thinking grand thoughts and building little projects with epaper ink displays to display QR codes on small devices that would work on low bandwidth connections and maybe offline. Lots of problems to be sol…

Shit, somebody gave me 0.05 BTC a few years ago to go to a talk about what it was all about. Hopefully I still have that paper wallet, it must be worth close to $500

That would actually be hilarious if a suffisent number of geeks tried to cash in the bitcoin that is dormant somewhere massively and at the exact same time.

This could well end the Ponzi scheme in a victorious way because people that mined them from almost nothing could extract a lot of real money from people (mostly speculators) who bought recently while totally tanking the valuation.

Wait... maybe that was always the plan... Is bitcoin actually a huge planned «Robin Hood» bubble?

Re: Nasdaq Plans to Introduce Bitcoin Futures

#293

Post by perbu »

Frogolocalypse wrote: post #136
makk wrote: post #108

Earlier quoted context omitted.

Something that consumes an unbounded amount of electricity is hardly a "non-physical thing."

TIL electricity is a physical thing.

Electricity is certainly physical. It can, after all, kill you.

Re: Nasdaq Plans to Introduce Bitcoin Futures

#294

Post by alex_duf »

I thought BTC going above 10000 was the end of the bubble, but with announces like that it's just the beginning.

Each time it grows I fear bigger damages... But I also hope I'm wrong and I'll be just proven to be a fool for not having a bigger amount of bitcoin (I mined some back in the days)

Re: Nasdaq Plans to Introduce Bitcoin Futures

#295

Post by TomK32 »

mads wrote: post #35

Man, this is just weird. I just bought 0.05 Bitcoins (you know FOMO and all that) and it just feels so much more empty than back in the days when I mined them myself with my brand new dual Xeon CPU and later on was thinking grand thoughts and building little projects with epaper ink displays to display QR codes on small devices that would work on low bandwidth connections and maybe offline. Lots of problems to be sol…

9999.95 BTC more and I'll send you two pizzas.

Re: Nasdaq Plans to Introduce Bitcoin Futures

#296

Post by Frogolocalypse »

erkkie wrote: post #287
Frogolocalypse wrote: post #248

Earlier quoted context omitted.

Then you fail to understand the incentive structure. The only game-theory outcome to a PoS system is a monopoly. That's the reason why there aren't any successful ones. Because they require trust.

What about a hybrid PoS/PoW system? In reality, bitcoin as PoW is also near monopoly, more like oligopoly, still requiring trust.

If you think this you don't understand the technology, and therefore don't understand its value.

Re: Nasdaq Plans to Introduce Bitcoin Futures

#297

Post by Frogolocalypse »

Twisell wrote: post #288
Frogolocalypse wrote: post #282

Earlier quoted context omitted.

I don't think you read past the first sentence.

And this was the intended effect of your post you wrote a long monologue instead of a clear answer. Thus proving his point, there is no clear answer. Any truth-holder (on both side) is a blatant liar.

I don't think you even understood the first sentence, or any other.

Re: Nasdaq Plans to Introduce Bitcoin Futures

#298

Post by Frogolocalypse »

billfeng wrote: post #285
Frogolocalypse wrote: post #275

Earlier quoted context omitted.

> Sure it's cryptographically secure, but what is the difference between that and a regular bank using encryption on their money transfer network? Bitcoin is the network to deliver it too. I say that right there.

Yea but what makes the bitcoin delivery network any better than a bank's delivery network, unless you take into account of the fact that it's decentralized? Banks deliver money all the time.

> Yea but what makes the bitcoin delivery network any better than a bank's delivery network

You don't have to trust a bank. A bank can't interfere with your transactions.

Re: Nasdaq Plans to Introduce Bitcoin Futures

#299

Post by emsimot »

dingo_bat wrote: post #251
DennisP wrote: post #156

Earlier quoted context omitted.

Ethereum. Admittedly there's a dark side of scammy ICOs, but there's also lots of open source coding and idealists trying to change the world. I don't think Ethereum is the only cryptocurrency community like this, it's just the one I'm involved in.

> idealists > hard fork because people didn't want to honor smart contract Does not compute.

Just because some people have different ideals to yourself doesn't make them any less idealistic.

Re: Nasdaq Plans to Introduce Bitcoin Futures

#300

Post by lawlessone »

qsucvatz wrote: post #144
Frogolocalypse wrote: post #114

Earlier quoted context omitted.

No one is interested in the centralized bcash. It is a crypto in name only.

Bitcoin is Bitcoin Cash. We immediately restored the ability for Bitcoin to be adopted with low fees and fast confirmations by using 8 MB blocks. The median income for the world is $6/day. High fees are unaffordable and unadoptable. The Core team has done Bitcoin an enormous disservice; like setting autopilot into the terrain.

Bcash was just an attempt to prevent Segwit and keep fees high under the guise of doing the opposite.
Post reply on HN