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My 2 cents...

  #21 (permalink)
 
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 rleplae 
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One down...



A few more to come...

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  #22 (permalink)
 
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One of my hesitations about Bitcoin is exactly this. When you buy on an exchange, unless you withdraw the coins, the exchange has the coins not you, which exposes you to so many risks. An interesting point made in the CME Bitcoin thread was that an the futures contracts will allow you to buy Bitcoins, move them to cold storage, and then use the futures to hedge/trade them without having to remove them from cold storage.

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  #23 (permalink)
 
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rleplae View Post
One down...

A few more to come...

I hate that I mentioned BTC hacking just a couple of days ago and this just happened but, as pointed out, it's kind of inevitable, especially given the value BTC is up to.

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  #24 (permalink)
 
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SMCJB View Post
One of my hesitations about Bitcoin is exactly this. When you buy on an exchange, unless you withdraw the coins, the exchange has the coins not you, which exposes you to so many risks. An interesting point made in the CME Bitcoin thread was that an the futures contracts will allow you to buy Bitcoins, move them to cold storage, and then use the futures to hedge/trade them without having to remove them from cold storage.

Most of our fellow traders don't know the vernacular : "counterpart risk"

While in a CME context it may be close to nihil
in ths BTC new world it is huge
let them figure out themselves..

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  #25 (permalink)
 
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The Bitcoin Bubble Explained in 4 Charts | Mauldin Economics





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  #26 (permalink)
 
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Not sure that valuing Bitcoin on number of transactions is accurate - it has a potential gold like storage of value as well - but great charts.

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  #27 (permalink)
 
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https://www.reuters.com/article/us-cyber-nicehash/hackers-steal-64-million-from-cryptocurrency-firm-nicehash-idUSKBN1E10AQ

https://nakedsecurity.sophos.com:443/2017/12/07/nicehash-cryptomining-exchange-hacked-everythings-gone/

https://www.rt.com/usa/412223-nicehash-bitcoin-hacked-million/

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  #28 (permalink)
 
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Looks like the futures on BTC may not start on Monday...

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  #29 (permalink)
 
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https://cointelegraph.com/news/big-banks-not-happy-to-cover-risks-of-bitcoin-futures

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  #30 (permalink)
 
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rleplae View Post
Looks like the futures on BTC may not start on Monday...

?

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