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Main => General Discussion => Topic started by: btswildpig on March 19, 2016, 11:38:37 am

Title: Someone interested in trading BTS futures style ?
Post by: btswildpig on March 19, 2016, 11:38:37 am
say the market price is 0.0380 CNY/BTS .

Someone know they would come into 1 million BTS in 1 month .  (workers/or vest in balance)

But they're afraid that the price gonna be dropped lower .

So ....I would offer a 20% off price ,  I give him money now , and he would give  me BTS 1 month later .

Thoughts ?
Title: Re: Someone interested in trading BTS futures style ?
Post by: abit on March 19, 2016, 03:55:57 pm
Quote from: btswildpig on March 19, 2016, 11:38:37 am
say the market price is 0.0380 CNY/BTS .

Someone know they would come into 1 million BTS in 1 month .  (workers/or vest in balance)

But they're afraid that the price gonna be dropped lower .

So ....I would offer a 20% off price ,  I give him money now , and he would give  me BTS 1 month later .

Thoughts ?
Good idea.
Title: Re: Someone interested in trading BTS futures style ?
Post by: lil_jay890 on March 19, 2016, 04:03:45 pm
Quote from: btswildpig on March 19, 2016, 11:38:37 am
say the market price is 0.0380 CNY/BTS .

Someone know they would come into 1 million BTS in 1 month .  (workers/or vest in balance)

But they're afraid that the price gonna be dropped lower .

So ....I would offer a 20% off price ,  I give him money now , and he would give  me BTS 1 month later .

Thoughts ?

I think a futures or options market would be awesome for BTS... It would probably end up increasing liquidity more than a bond market or maker taker as well.
Title: Re: Someone interested in trading BTS futures style ?
Post by: btswildpig on March 19, 2016, 04:16:13 pm
Quote from: lil_jay890 on March 19, 2016, 04:03:45 pm
Quote from: btswildpig on March 19, 2016, 11:38:37 am
say the market price is 0.0380 CNY/BTS .

Someone know they would come into 1 million BTS in 1 month .  (workers/or vest in balance)

But they're afraid that the price gonna be dropped lower .

So ....I would offer a 20% off price ,  I give him money now , and he would give  me BTS 1 month later .

Thoughts ?

I think a futures or options market would be awesome for BTS... It would probably end up increasing liquidity more than a bond market or maker taker as well.

I was proposing a manual process and get some cheap BTS from the future for me , and provide instant cash today for the seller
Title: Re: Someone interested in trading BTS futures style ?
Post by: abit on March 19, 2016, 06:42:36 pm
Quote from: btswildpig on March 19, 2016, 04:16:13 pm
Quote from: lil_jay890 on March 19, 2016, 04:03:45 pm
Quote from: btswildpig on March 19, 2016, 11:38:37 am
say the market price is 0.0380 CNY/BTS .

Someone know they would come into 1 million BTS in 1 month .  (workers/or vest in balance)

But they're afraid that the price gonna be dropped lower .

So ....I would offer a 20% off price ,  I give him money now , and he would give  me BTS 1 month later .

Thoughts ?

I think a futures or options market would be awesome for BTS... It would probably end up increasing liquidity more than a bond market or maker taker as well.

I was proposing a manual process and get some cheap BTS from the future for me , and provide instant cash today for the seller
I can't believe you're going to buy.  :o
Title: Re: Someone interested in trading BTS futures style ?
Post by: btswildpig on March 20, 2016, 05:06:38 am
Quote from: abit on March 19, 2016, 06:42:36 pm
Quote from: btswildpig on March 19, 2016, 04:16:13 pm
Quote from: lil_jay890 on March 19, 2016, 04:03:45 pm
Quote from: btswildpig on March 19, 2016, 11:38:37 am
say the market price is 0.0380 CNY/BTS .

Someone know they would come into 1 million BTS in 1 month .  (workers/or vest in balance)

But they're afraid that the price gonna be dropped lower .

So ....I would offer a 20% off price ,  I give him money now , and he would give  me BTS 1 month later .

Thoughts ?

I think a futures or options market would be awesome for BTS... It would probably end up increasing liquidity more than a bond market or maker taker as well.

I was proposing a manual process and get some cheap BTS from the future for me , and provide instant cash today for the seller
I can't believe you're going to buy.  :o

I'm a draw line master
Title: Re: Someone interested in trading BTS futures style ?
Post by: xeroc on March 20, 2016, 09:53:47 am
I have an idea how to implement this today .. all you need is a vesting balance filled with an IOU for your BTS in 2 months time ..

1. User sends BTS to your account
2. You issue new 100%+x% shares of tge iou
3. You put the iou into a vesting balance for the user direcrly

Vesting balances can be made so that they vest linearily over x days . .. or fully after y days
Title: Re: Someone interested in trading BTS futures style ?
Post by: abit on March 20, 2016, 05:40:17 pm
Quote from: xeroc on March 20, 2016, 09:53:47 am
I have an idea how to implement this today .. all you need is a vesting balance filled with an IOU for your BTS in 2 months time ..

1. User sends BTS to your account
2. You issue new 100%+x% shares of tge iou
3. You put the iou into a vesting balance for the user direcrly

Vesting balances can be made so that they vest linearily over x days . .. or fully after y days
OP proposed different feature IMO.
1. The user doesn't have BTS right now.
2. OP has fiat right now.