Comment by 6roucho on Making money with Bitcoin? · 2011-08-18T13:29:30.107Z · LW · GW

The current high levels of Bitcoin volatility are obviously exciting for day traders, but bad for commerce. Some clever people must already be thinking about Bitcoin futures as a way of damping the market.

Mt Gox bootstrapped in a year, could a BitFX do likewise?

An obvious question is why anyone would buy futures initially? Until the price (eventually) stabilizes, maintenance levels would continually be breached, resulting in a blizzard of margin calls.

Oh, and hi everyone. :-)