Cointest pros & cons with related info are in the collapsed comments below for the following topics: [Bitcoin Cash](/r/CryptoCurrency/comments/1bjpgnw/coinbase_to_launch_futures_trading_for_dogecoin/kvv7nae/), [Dogecoin](/r/CryptoCurrency/comments/1bjpgnw/coinbase_to_launch_futures_trading_for_dogecoin/kvv7o3e/), [Litecoin](/r/CryptoCurrency/comments/1bjpgnw/coinbase_to_launch_futures_trading_for_dogecoin/kvv7oso/).
tldr; Coinbase Derivatives is set to launch futures trading for dogecoin, litecoin, and bitcoin cash on April 1. The exchange has notified the Commodities Futures Trading Commission (CFTC) of its plans through self-certification, which allows for quicker listing while ensuring regulatory compliance. This move is notable as it includes cryptocurrencies derived from bitcoin, which is recognized as a commodity by the SEC. The introduction of these futures contracts highlights the growing acceptance and seriousness of cryptocurrencies like dogecoin in the financial markets.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The CFTC has certified the futures products: Status: Certified
https://www.cftc.gov/IndustryOversight/IndustryFilings/TradingOrganizationProducts?Organization=COIN&Type=&Status=&Date_From=&Date_To=&Category=&Subcategory=&Show_All=0
They are listing non premined coins, that are forks of BTC or very similar code, as such they are registering with the CFTC (commodities) and not the SEC who are in charge of securities, which premined tokens would likely be considered.
Were moons premined?
A fork isnt just a copy its actually the original chain with some software changes only going forward, such as larger blocksize. BTC itself has had emergency forks to save the network, and that wasnt an issue.
That's actually not what a fork does, there is no snapshot and airdrop of new tokens or anything.
The chain before the fork is actually identical, from the Genesis block to the pre-fork block. The blocks *after* are two different chains.
There is no pre-mine, and BCH block 1 is the same block as BTC block 1.
I’m not sure if you’re new to crypto, but you seriously need to do better.
>Yes, if you had Bitcoins before a fork that resulted in the creation of Bitcoin Cash (BCH), you may be eligible to claim your Bitcoin Cash. After the fork, a snapshot of the Bitcoin blockchain was taken, and anyone holding Bitcoin at that time should have received an equivalent amount of Bitcoin Cash.
It was part of the incentive to get people to use BCH instead of Bitcoin.
You are relying on them dumbing down what happened for non technical people. What the person above you stated is correct. What you are quoting is not "literally" what happened, just trying to get people to understand in a simple way that they have coins on both forks..
To claim the coins on the fork is the same way you claim coins on the main chain. Theres no committee or application you do to make a claim. It sounds like you are repeating the same point and speaking down to others out of your own ignorance of how forks work.
BTC itself forked when bugs were discovered , and people were "eligible to claim BTC" on the new fork as well. you downvote and keep repeating nonsense, instead of getting educated.
Cointest pros & cons with related info are in the collapsed comments below for the following topics: [Bitcoin Cash](/r/CryptoCurrency/comments/1bjpgnw/coinbase_to_launch_futures_trading_for_dogecoin/kvv7nae/), [Dogecoin](/r/CryptoCurrency/comments/1bjpgnw/coinbase_to_launch_futures_trading_for_dogecoin/kvv7o3e/), [Litecoin](/r/CryptoCurrency/comments/1bjpgnw/coinbase_to_launch_futures_trading_for_dogecoin/kvv7oso/).
On April 1st, you say?
Hm. Abit dodgy no? Off al the dates and they choose 1st April....
BCH gave it away
A new way to get fucked
tldr; Coinbase Derivatives is set to launch futures trading for dogecoin, litecoin, and bitcoin cash on April 1. The exchange has notified the Commodities Futures Trading Commission (CFTC) of its plans through self-certification, which allows for quicker listing while ensuring regulatory compliance. This move is notable as it includes cryptocurrencies derived from bitcoin, which is recognized as a commodity by the SEC. The introduction of these futures contracts highlights the growing acceptance and seriousness of cryptocurrencies like dogecoin in the financial markets. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
It would be pretty funny if this bot was smart enough to tell you that it was on april fools day.
Futures for Doge...
Maybe now Ltc can go up
Hey it is up over its 2014 high of $40. Doubled within 10 years? Not too shabby!
Doesn't it reach 300 every bull market?
or (more) down
LFG!
Walmart next
April fools jokes starting early i see.
A bit late in my opinion, a big cex like Coinbase should have had that feature time ago
This is awesome and should have already existed
The CFTC has certified the futures products: Status: Certified https://www.cftc.gov/IndustryOversight/IndustryFilings/TradingOrganizationProducts?Organization=COIN&Type=&Status=&Date_From=&Date_To=&Category=&Subcategory=&Show_All=0
No super? bro, who wants to trade those boomer coins. Coinbase is trippin.
It’s annoying they take these shit coins seriously
They take customers money seriously, they will sell literal logs of shit if people will buy it.
[удалено]
They are listing non premined coins, that are forks of BTC or very similar code, as such they are registering with the CFTC (commodities) and not the SEC who are in charge of securities, which premined tokens would likely be considered. Were moons premined?
Eh? BTC was pre-mined though and BCH when it first launched basically copied over everyone’s bitcoin balance when it forked from BTC.
That's not how premine works.
Well actually the genesis block contains 50 nonspendable bitcoin
A fork isnt just a copy its actually the original chain with some software changes only going forward, such as larger blocksize. BTC itself has had emergency forks to save the network, and that wasnt an issue.
I know what a fork is, the fork also included taking a snapshot at a current block which preserved everyone’s bitcoin balance when BCH launched.
That's actually not what a fork does, there is no snapshot and airdrop of new tokens or anything. The chain before the fork is actually identical, from the Genesis block to the pre-fork block. The blocks *after* are two different chains. There is no pre-mine, and BCH block 1 is the same block as BTC block 1.
I’m not sure if you’re new to crypto, but you seriously need to do better. >Yes, if you had Bitcoins before a fork that resulted in the creation of Bitcoin Cash (BCH), you may be eligible to claim your Bitcoin Cash. After the fork, a snapshot of the Bitcoin blockchain was taken, and anyone holding Bitcoin at that time should have received an equivalent amount of Bitcoin Cash. It was part of the incentive to get people to use BCH instead of Bitcoin.
You are relying on them dumbing down what happened for non technical people. What the person above you stated is correct. What you are quoting is not "literally" what happened, just trying to get people to understand in a simple way that they have coins on both forks..
It litterally did happen can you not read?
To claim the coins on the fork is the same way you claim coins on the main chain. Theres no committee or application you do to make a claim. It sounds like you are repeating the same point and speaking down to others out of your own ignorance of how forks work. BTC itself forked when bugs were discovered , and people were "eligible to claim BTC" on the new fork as well. you downvote and keep repeating nonsense, instead of getting educated.
Pretty sure BTC was not premined, although that doesnt mean there were many miners, just that there could have been if people had wanted to mine it.
It would go over 1$