CBOE bitcoin in 2019
Take bitcoin to the OTC platform and sell it in RMB
The most advanced bitcoin mining machine, one to two years to dig out a bitcoin, bitcoin mining is now too difficult. If you want to dig, you can dig ether currency. Now it is steadily appreciating every day. According to the current development trend, it will be able to recover its capital in about seven months, and then it will be profitable< br />
On January 24, according to us financial website CNBC, bitcoin prices rose more than 10% on Tuesday local time, rebounding from intraday lows below $10000
the South Korean Financial Services Commission announced on Tuesday local time that the real name trading system of virtual currency will be implemented from the 30th of this month, and all existing virtual currency accounts will be suspended. For users who already have a virtual currency trading account, those who have a bank account of the opening bank can directly use the bank account to deposit and withdraw money, while those who do not have the same bank account can not deposit, only withdraw money
the committee also announced guidelines for financial institutions to prevent money laundering related to cryptocurrency
according to the data of cryptocompare, in South Korea, the share of bitcoin transactions remains at about 5%, while in the United States, bitcoin transactions are the largest, accounting for 38% of the total bitcoin transactions. Japan's bitcoin trading volume ranked second, accounting for about 30%
ETF, fully known as "trading type open-end index fund", is a kind of open-end fund listed and traded on the exchange with variable fund shares. Investors can not only apply for or redeem fund shares from fund management companies, but also buy and sell ETF shares at the market price in the exchange. ETF is the bitcoin holder's consignment of bitcoin spot to the fund company, and then the fund company relies on it to publicly issue fund shares in the exchange and sell them to all kinds of investors. In addition, banks and brokers will be responsible for underwriting
in short, bitcoin ETF is to securitize bitcoin into an open-ended fund proct that can be bought on the exchange
the successful application of bitcoin ETF means that:
1. The successful application of bitcoin ETF will first lower the threshold of bitcoin transaction and bring a lot of money to the bitcoin trading market
2. It will accelerate the development of cryptocurrency instry and promote asset custody
3. ETF is equivalent to telling the public that bitcoin has been officially recognized as a legal asset class, changing people's overall view on the regulatory risk of cryptocurrency, which will accelerate the public's acceptance of cryptocurrency represented by bitcoin
the launch of any ETF proct will naturally stimulate its underlying proct market, because on the one hand, the underlying proct is most suitable for hedging ETF price fluctuations, and on the other hand, ETF purchase and redemption will inevitably involve buying and selling entity bitcoin. If the 15th application is passed, it will be a healthy development. In the next step, there will be more demand for derivatives, such as ETF options
The SEC is the U.S. Securities and Exchange Commission_ image_ Cap >
starting from Thursday, September 5, stocks will be quoted on OTC link ATS, an alternative trading system directly regulated by the U.S. Securities and Exchange Commission
sec exemption
the US Securities and Exchange Commission (SEC) is not as pedantic and rigid as people think. In fact, they also provide some exemption "benefits", allowing companies to launch bitcoin investment procts without registration. And before the SEC formally approves the bitcoin Exchange Traded Fund (BTC ETF), these companies usually use the "detour" of exemption to release temporary procts
Article 2, pyramid selling refers to that the organizer or operator's development personnel seek illegal benefits by calculating and paying remuneration to the developed personnel based on their number of directly or indirectly developed personnel or sales performance, or requiring the developed personnel to obtain the qualification of joining in the condition of paying a certain fee, Disturbing economic order and affecting social stability< Article 7 the following acts belong to pyramid selling:
(1) organizers or business operators, through development personnel, require other personnel developed by the developed personnel to join, and calculate and pay remuneration (including material rewards and other economic benefits, the same below) to the developed personnel based on the number of personnel developed directly or indirectly, so as to seek illegal benefits
(2) the organizer or business operator, through the developer, requires the developed person to pay fees or pay fees in disguised form by way of subscribing for commodities, so as to obtain the qualification of joining or developing other persons to join and seek illegal interests
(3) the organizer or business operator, through the development personnel, requests other personnel developed by the development personnel to join, forms the relationship between the upper and lower line, and calculates and pays the online remuneration based on the sales performance of the lower line, so as to seek illegal interests.
At 5:00 p.m. US central time on December 10 (7:00 a.m. Beijing time on December 11), bitcoin futures contracts officially began trading on the Chicago Board of Options Exchange (CBOE)< the opening price was US $15000, which rose to US $166 million six minutes later. After a short decline, it kept rising, and the rise was triggered twice e to the large amount of traffic, CBOE website even appeared inaccessible at the beginning of the transaction. Although the trading volume is small, the topicality and volatility of bitcoin futures are not inferior to the spot market
the value of a futures contract lies in the value of its underlying physical goods or financial goods, such as crude oil, soybeans and bonds. When investors buy a futures contract, the contract stipulates that a certain quantity and quality of the underlying goods will be delivered at a certain time and place in the future to bet on the future price trend of a certain commodity, which can be bullish or bearish. Then, the subject matter of bitcoin futures contract is the virtual currency of bitcoin
previous mainstream analysis pointed out that the launch of bitcoin futures by large exchanges helps to rece its volatility, has the function of price discovery, and helps to attract professional investors and institutions. Some analysts say that this will be the end of bitcoin, because the introction of futures provides the market with the ability to short
The delivery date of CME bitcoin futures is the last Friday of the e month, 4:00 p.m. London time. In case of holidays, one day in advance
2. The delivery date of CBOE bitcoin futures is the first two trading days of the third Friday of the maturity month, 2:45 p.m. Chicago time
extended information:
bitcoin trading scam:
1. At the end of October 2013, Hong Kong GBL platform absconded with money, with more than 20 million yuan missing. The program of this trading website is very poor. It doesn't use SSL security protocol, and even the user name is stored in clear text. They don't have some basic programming knowledge. GBL relies on the broker to develop the new customer's "quasi MLM" mode
On October 22, 2013, looking at the market of bitcoin, Mr. Qiao, a citizen of Dongyang, searched GBL company, a bitcoin trading platform, on the Internet, and recharged 90000 yuan to buy and sell bitcoin through a third-party payment. On October 26, 2013, it was found that the staff of the online trading platform were not online, and some normal trading proceres could not be implemented. It was found that the registered address of the company was false after a check, and a total of 90000 yuan was cheated3 and Western economists have a lot of worries about the current economic bubble phenomenon of bitcoin. Australian Economist John Quiggin called bitcoin "the purest example of the economic bubble." p>