Anyone know where I can buy a legit Ledger Nano S in Canada (better if local)? Don't know if there are any knock offs of this product, but don't want to take any chances. I know I can buy one from their website, but would rather buy from a Canadian source if I can help it.

I just purchased one on Amazon. Sent to Pt Roberts and picking it up. 72 usd shipped.

https://www.ledgerwallet.com/retailers

Authorized Canadian retailers
www.satoshicounter.com
www.BIGbtc.ca
www.cryptoasylum.ca

Crypto Asylum is Vancouver-based, so shipping should be faster.

17k!

I lost a large portion of my stuff on BTC-E but the fraction of a coin I still had in my wallet is definitely more than a couple pennies.

futures coming this sunday bois…..

big money bears are on their way.

wrong.

Coming Soon: Bitcoin Futures

18th bruh

technically 17th sunday at 3pm PST.

35% margin right now, so fuckin ~25-35k USD margins depending. lol not for pussies.

lol i wonder how liquid it will be.

need to keep updated with the news bro

XBT-Planned Cboe Bitcoin Futures

cboe is beating cme to it by one week 4Head

Gained a little last night on iota margins but hodling now, we'll see what happens with announcement coming up

You guys margin trading on shits you probably don't understand.... Mania a bit too far.

Only trade money you can afford to lose like any other asset, specifically this one.

mother fucker,did i just see 19k? :okay:

yeah except no one trades shit on CBOE lol.

CME is way bigger.

contract specs are also different. CME contract specs are tailored for institutional traders. way bigger.

unlike bitcoin exchanges... real exchanges usually battle it out and only one exchange is really traded. the other is left in the dust with ultra low volume and unfavorable fills.

Ulic, since you are into futures trading, what do you see as the impact of future contracts for Bitcoin? People are saying that big companies are buying lots of BTC right now to pump up the prices and then will short.

Does this happen often? your views?

Futures trading provide increase in liquidity, that's about it.

I am interested in the pricing of these options, usually Volatility HIGH = BIG fucking prices.

I would gladly buy some puts for a year to protect my BTC

Is there going to be a clearinghouse to ensure no one defaults on these futures?

Anyone on the Island interested in bitcoin. Makerspace Nanaimo is having a talk on the 14th.

https://www.facebook.com/events/384436838651342/

lol i can honestly say i dont know, i'm not a fundamentals guy. i just follow the chart.

but for sure it'll add liquidity. shorts will be able to short easily.

miners and other whales will be able to short bitcoin to hedge costs against fluctuations.

i honestly have NO clue what's gonna happen when futures launch.

some people think it'll add volatility. sure?

some people think it'll stabilize... sure?

i honestly don't care. as long as it can be traded, i will trade it... if i can afford the margins LOL.

i've met some new traders that started on bitcoin and have no moved away from it and toward forex because of the super high liquidity and virtually zero slippage (and super high leverage lol).

the only people that really love bitcoin are the maniacs and bag holders.

any trader that trades in and out, can easily trade any other market, they're all the fucking same as long as you have high volume and liquidity. i mean there must be some traders out there that take advantage of low volume, shitty ass spreads and have some weird strategy to take advantage of that. but those are prob pretty rare.

if it becomes popular amongst institutions and regular traders (people that trade on platforms that deal with fiat as base currency), then for sure volume will def increase by a lot. bitcoin market right now is actually still pretty tiny.

imagine volume tripling or... even x5 x7 x8... there's a buncha people out there that wish they could buy bitcoin but dealing with wallets and shady exchanges are too complicated... now they can buy.

there's a shit ton of people that doubt bitcoin and think they're just tulips... now they can short.

yeah sorry didnt answer your question.

i don't try to predict the market anymore (keyword try), i just follow it. that's the only way i've ever made money. every time i've tried to predict something, i usually end up losing money.

the goal for me isn't to be "right" about predictions and be Nostradamus. i only care about making money consistently. and so far, that has been best achieved by not predicting anything, and just managing risk and profit ratios.

i honestly, HONESTLY think u can show two traders the same graph, and they can go in opposite positions, and based on how they manage the position, they can both make money. or both lose money.

lol.

of course. CME is a clearing house... they do 1000 trillion dollars a year. lol i'm sure it'll be fine. i've never heard of anyone getting away with not paying up... like ever. they'll send their chicago gangsters down and fuckin "disappear" u in lake michigan.

plus the only people that are actually going to take delivery on the futures are miners and whales. who make up a tiny tiny tiny fraction of the number of btc traders out there.

i cant think of anyone that would buy btc futures to hedge... if anyone could fill me in here that'd be great. who is afraid of btc prices going up? like what kind of person/business/entity would be hurt by btc prices going up? like that's one fundamental problem i see with it, no one needs it. lol.

airlines hedge against crude oil prices going up by buying it.
crude oil producers hedge against oil prices going down by shorting it.

many examples can be made for gold, silver and other industrial products that are bought and sold and "needed" for their industry to survive.

but bitcoin? i duno. lol. I just know it'll return to mean at some point. it's going exponential now, and that is impossible to predict. could go to 20k, 50k, 100k. the graph looks all the same. just a straight line up. but it'll eventually return to the mean after the "crash". duno how long that'll take. could be by end of year, could be next year, could be in 5 years lol 10 years who knows.

the only losers will be the bag holders and maniacs that never sell out ever. and have kept buying and averaging up the whole way lol.

There are many actors in the crypto world that would like tos see bitcoin go down and bitcoin go up.

The crypto rich that has hoarded billions worth of bitcoin and is just sitting on there pile (aka the mega whale bag holders) think winklevoss twins. They certainly would not want to see bitcoin price drop back to 1g

The miners with alterior motive. There is a portion of the mining community that has been trying for a long time to topple bitcoin with their own fork. They have been unsuccessful so far because bitcoin price keeps rising and rising making it unprofitable for themselves and their follower to mine their alternative coin. So far the biggest opponent is Bitcoin Cash which is shill by major mining pool and again mega whales. Futures only allows shorting bitcoin and not its forks. I can see some ppl in this category just drooling with anticipation.

It’s is certainly not all about going up up and up for everyone in this space.

I wonder if he held on to them!!! (Post was from 2013)

CBOE futures are only 3 months GAAaayyyyy

you can just keep rolling over.

haha...

as of right now the initial margin for the CBOE small btc futures contract is 14757.91 USD (on interactive brokers).

the big one coming out will be 5x as much.

haha... we'll see if volume goes up over this month. as of right now it's not a day traders market. slippage too big.

also too expensive for regular joes.

Can someone explain this to me?

XBT-Cboe Bitcoin Futures

What exactly am I looking at. So three different people think BTC will be $18k USD in 2018? What is settlement and what's the point of having a high and low?

Those are 3 different futures with different contract dates (Jan Feb March assuming). High/Low is your trading range. Settlement is average price traded.

Bankers will ruin bitcoin just like they ruin everything else in the world LUL