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RE: Elliott Wave Tutorial Video #2: Zig Zag and Flat Corrections, How to Recognize and Label Corrective Waves

in #bitcoin7 years ago

But a futures contract is a derivative of Bitcoin and so won't require mining transaction. It's simply traded without actual exchange of bitcoins. This is how Seqwit2x futures traded before the forked coins even existed.

A call or put instrument thus has zero need for miner transaction. Unless one takes delivery but that'll be unusual.

If CME wants to outright own BTC, I'd be surprised.