Bitcoin

contango_and_cash · Post by **contango_and_cash** » Thu Sep 19, 2019 5:54 pm

I've been managing a .6 Sharpe for the last 2 years.

eläin · Post by **eläin** » Fri May 08, 2020 7:20 am

My avatar has summoned me to post this: https://www.bloomberg.com/news/articles/2020-05-07/paul-tudor-jones-buys-bitcoin-says-he-s-reminded-of-gold-in-70s

Also Renaissance seems to have started to fool around: https://www.coindesk.com/166b-asset-manager-renaissance-eyes-bitcoin-futures-for-flagship-fund

nikol · Post by **nikol** » Fri May 08, 2020 9:58 am

Before-halving pump-and-dump is nearly to explode.

Be careful.

.

(Aside, mumbling): though it might be not...

Kitno · Post by **Kitno** » Sat May 09, 2020 5:43 pm

Aside from gold, linkers what else allows an inflation hedge aside from long dated oil and bitcoin? I suspect many HFs piling in.

Kitno · Post by **Kitno** » Sat May 09, 2020 6:28 pm

And Bitcoin is a wealth tax/tithe tax hedge...

nikol · Post by **nikol** » Sun May 10, 2020 1:29 pm

Crypto payments is a digital offshore.

By the way, Paxful facilitates p2p trading of physical gold for BTC. Curious, which flows are impacted and what is motivation from both sides.

rftx713 · Post by **rftx713** » Sun May 10, 2020 2:29 pm

Kitno - regarding the wealth tax hedge, this one throws me off. Are you suggesting since the government can't confiscate it, they can't tax it?

Kitno · Post by **Kitno** » Sun May 10, 2020 2:46 pm

@rftx713, yes. Overlay the inability to confiscate Bitoin with the inability to inflate it and Bitcoin becomes quite interesting (at least until too many pile in and treat is as a commodity, which they will).

someprimetime · Post by **someprimetime** » Sun May 10, 2020 6:00 pm

@kitno: Hasn't that already happened (commoditization) with the cboe futures?

Kitno · Post by **Kitno** » Sun May 10, 2020 10:24 pm

To quote Monty Python: and yet does not GBP/USD have futures contracts? I was more pointing to the prevalence of the farmers vs speculators in Bitcoin.