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    [Daily Discussion] Sunday, September 01, 2019 Bitcoin Markets

    [Daily Discussion] Sunday, September 01, 2019 Bitcoin Markets


    [Daily Discussion] Sunday, September 01, 2019

    Posted: 31 Aug 2019 09:05 PM PDT

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

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    [Altcoin Discussion] Sunday, September 01, 2019

    Posted: 31 Aug 2019 09:05 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

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    How is BitMEX still in business?

    Posted: 01 Sep 2019 10:27 AM PDT

    [Tried to post to megathread -- didn't seem to work]

    Hi. I came across this blog post that links to this subreddit and wanted to get your opinion. It's from the CEO of a dex called BQT. Here's an excerpt:

    "[I]n addition to the derivative nature of the contracts, BitMEX will let you leverage your position 100x. And I'm not opposed to big margins. I want that for BQT too, as I've mentioned here before. But that leverage has to come from your counterparty, not from me. So if 99% of your position is uncovered, and the other 1% is derived from bitcoin rather than being bitcoin itself — that is, there's an infinite amount of it rather than the mere 17.3 million bitcoins currently in existence — then there really isn't a lot of substance to what you're trading. It all becomes pretty meaningless. No wonder that "BitMEX" and "rekt" are two words that go together so intimately on Twitter, Reddit and I'm sure elsewhere."

    The full post can be viewed on Medium, "@BQT". What do you think?

    submitted by /u/HumbleCorrespondent
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