01 Oct '12, 6am

BitCoin Gets a Futures Market @slashdot #bitcoin #trading

Um... no, you're wrong. They are insurance. Producers of commodities often can not afford the ups and downs of the market. Specifically farmers. Futures allow them to sell their crop at a set price, and then if the market crashes they are protected... also, if there's a spike in price they do not profit like they normally would. Capitalism requires transparency. The problem with overly complicated financial products isn't the products themselves, its the lack of transparency caused by their complexity. When a bank sells you a derivative that's based on mortgages, that's fine. When the bank gets permission from the federal government to give out loans to people that can clearly not afford to pay them back, and fails to disclose that to you... that's when there's a problem. The banks realized what the government was asking them to do was insane, but they didn't want to tick ...

Full article: http://news.slashdot.org/story/12/09/30/2345206/

Tweets

BitCoin Gets a Futures Market

news.slashdot.org 30 Sep '12, 11pm

"There is one more way to use your BitCoins rather than buying weed or socks . Recently, a Bitcoin Exchange called ICBIT q...

BitCoin Gets a Futures Market (Slashdot): Share...

news.feedzilla.com 01 Oct '12, 1am

Click the close button (above-right) to view the content.

Bitcoin and some interesting facts: Still havin...

bitcoinmalaysia.com 01 Oct '12, 3am

Still having doubts about Bitcoins and Bitcoin mining? I’ve been reading a little about Bitcoin lately. I installed the so...

BitCoin Legal Issues #bitcoin

bitcointalk.org 30 Sep '12, 11pm

Hello everyone. I am a law student in the United States, and I work on my school's Law Review, which is an academic legal ...

Baby Market #babymarket #babyfair #singaporeexpo

Baby Market #babymarket #babyfair #singaporeexpo

livinginsingaporetoday.com 02 Oct '12, 3am

Recent Posts Baby Market Hugo Boss Men’s Bazaar Sale Sanrio Party 2012 International Sportswear Bazaar 2012 Carrefour Clos...

Hacker News: Discussion on #Bitcoin Non-Technic...

news.ycombinator.com 02 Oct '12, 12pm

>No production curve can ever be "fair". If you imagine that one day every living person has equal amount of bitcoins, the...

Blast From The Past: Is #Bitcoin the Wikileaks ...

launch.co 29 Sep '12, 11pm

Discuss this post on Hacker News Calacanis primer on bitcoin By Robert Tercek Cynics make the argument that complaints abo...

Daily Market Opinion for 2-Oct-2012 Daily Marke...

thefinance.sg 02 Oct '12, 4pm

STI was down slightly yesterday after lacking of leads from HSI as HSI is closed for holidays till Tuesday. STI opened low...

Bitcoin Money - Ding, Ding, Ding! James Turk Ge...

bitcoinnews.com 21 Sep '12, 12am

Bitcoin Money - Ding, Ding, Ding! James Turk Gets It! GoldMoney founder James Turk (@GoldMoneyNews ) shares his interview ...

Bitcoin Foundation Launches To Drive Bitcoin's ...

forbes.com 27 Sep '12, 11am

Several months in the making, the Bitcoin Foundation launches this week to accelerate the global growth of bitcoin through...

Daily Market Opinion for 4-Oct-2012

thefinance.sg 04 Oct '12, 6am

STI failed to test 3080 resistance level as concerns of the European issues and economic issues in China dampened the bull...

Bitcoin Trading Floor Reopens After Daring Onli...

gizmodo.com.au 28 Sep '12, 3am

I am pleased to announce that Bitfloor has reopened for trading. This is currently the best way forward for Bitfloor in te...

Bitcoin exchange back online after hack

pcworld.com 25 Sep '12, 9pm

A small New York-based company that specializes in exchanging Bitcoins is back online after hackers stole about US$250,000...

After #hack, #Bitcoin exchange comes back online #security #netsec #infosec

After #hack, #Bitcoin exchange comes back onlin...

networkworld.com 25 Sep '12, 5pm

A small New York-based company that specializes in exchanging Bitcoins is back online after hackers stole about US$250,000...