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Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,208
12/21/17 8:01am Central
CME Jan Bitcoin 16425/65
Jan/Feb spread 145/215 ~ 0.88%/1.31% carry
Feb/Mar 155/285 bid ~ 0.93%/1.71% carry
Mar/Apr 200/ ~ 1.20%/ carry
Is there any other explanation to this other than the risk associated with holding physical bitcoins?
Can you help answer these questions from other members on NexusFi?
I think of the following :
- i didn't check the spread on the bid/ask of the spread futures as such, but i guess that counts
- i think there is a whole unpredictable cloud of what regulators might do (SEC, Central banks, governments)
- velocity is for sure an issue, not for nothing that margins are 50% - 100%
I recognize that fighting against a public mania is not ever going to work. When it all goes to pieces, then everyone will say they saw the bubble before it popped, but at this stage, there is no way to stop it.
I see the crypto market is deep red all over the board, we went already down 160B$ from 640B$ to 480B$
that is a big swing... not sure all those little guys can handle emotions that come which such a swing..
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,208
Could be fake news....
CME has gone from a slew of competing bids and offers to just one or two.
Jan/Feb spread has collapsed to 7/44 from 120+
CME last trade 12265 -3065 -19.99%