Someone who uses bitcoins as a way to get love, affection and in some cases sexual favors from more beautiful mainly younger women/men
"Yea I went out and found myself a bitcoin daddy. All these broke n***** with real money just ain't working for me."
by Anthony Pellerito January 07, 2018
A derivatives contract that is solely based on the price of bitcoin. These contracts can be traded on the CBOE & CME.
# Bitcoin Futures traded on the CBOE goes under the ticker /XBT. It costs a margin requirement of $8,667.00 - TD Ameritrade.
# Bitcoin Futures traded on the CME goes under the ticker /BTC. It costs a margin requirement of $34,174.80 - TD Ameritrade. You can look up the contract specs on your own time.
Liquidity is very low as it costs a lot of money to trade the product. Although, the price is followed fairly closely to the actual bitcoin data via the exchanges bitcoin API of choice. With this low liquidity, you will be paying a lot of money on spread. For example, Buy @ 13360 & Sell @ 13275, you will pay a $425 spread on just one contract. This is on the CME.
Now for the CBOE, Buy @ 13390 & Sell @ 13460, you will simply pay a $70 spread on a contract. Not bad, but less money to be made on the CBOE then the CME.
Bitcoin volatility posses a factor on trading halts. When bitcoin futures first opened to the public for trading. It had received two trading halts in one trading session. If the currency drops anymore than 10%, all orders will be canceled for a certain amount of time.
# Bitcoin Futures traded on the CBOE goes under the ticker /XBT. It costs a margin requirement of $8,667.00 - TD Ameritrade.
# Bitcoin Futures traded on the CME goes under the ticker /BTC. It costs a margin requirement of $34,174.80 - TD Ameritrade. You can look up the contract specs on your own time.
Liquidity is very low as it costs a lot of money to trade the product. Although, the price is followed fairly closely to the actual bitcoin data via the exchanges bitcoin API of choice. With this low liquidity, you will be paying a lot of money on spread. For example, Buy @ 13360 & Sell @ 13275, you will pay a $425 spread on just one contract. This is on the CME.
Now for the CBOE, Buy @ 13390 & Sell @ 13460, you will simply pay a $70 spread on a contract. Not bad, but less money to be made on the CBOE then the CME.
Bitcoin volatility posses a factor on trading halts. When bitcoin futures first opened to the public for trading. It had received two trading halts in one trading session. If the currency drops anymore than 10%, all orders will be canceled for a certain amount of time.
Wannabe Futures Trader: I received 3 margin calls because bitcoin futures fluctuates through prices like a hot knife in butter.
by EazieWeezie January 12, 2018
Also known as Bcash, Btrash or Shitcoin, it is scam aimed to confuse new bitcoin buyers, it's a highly centralized shitcoin promoted by the worst scammers in the cryptocurrency space. Bcash promoters call it a bitcoin fork but it's nothing but a copy of the original code with a small difference, a blocksize limit increase to make it more profitable for miners and more centralized. Bcash was airdropped to the original bitcoin holders which made most to dump their bcash in exchange for more bitcoins.
My friend bought "bitcoin cash" believing it was the real bitcoin, tried to make a bitcoin payment only to find out they are two completely different networks, another one scammed by the nigerians of crypto.
by Bitcoinization January 30, 2018
Refers to both the illegitimate fork of the bitcoin protocol and the ensuing shitcoin.
Abbreviated as BCH and BCC.
Abbreviated as BCH and BCC.
by Bitgod42 August 20, 2017
- "Hey bro, I'm in need of some money."
- "Let's mine some gypsy bitcoin."
- "Where do you find that?"
- "Here, look at that piece of shit Skoda."
- "Let's mine some gypsy bitcoin."
- "Where do you find that?"
- "Here, look at that piece of shit Skoda."
by Dr. Orbán Viktor January 31, 2022
Literal Try-hards that doesn't have lives rather than blackmailing and sending extortion mails. If you found one that claims your password has been compromised or you PC / Phone was hijacked by them, report the bitcoin address cause they cry like babies when they got arrested.
Person 1: Hey, some Keyboard warrior said my account was hacked.
Person 2: Ignore that Bitcoin Scammer. Report the address instead.
P1: Wait you know all of this?
P2: Yea, they're bluffing. One of them tried to scam me with my old password on his email message. Probably a basement dweller did that.
P1: Thanks.
Person 2: Ignore that Bitcoin Scammer. Report the address instead.
P1: Wait you know all of this?
P2: Yea, they're bluffing. One of them tried to scam me with my old password on his email message. Probably a basement dweller did that.
P1: Thanks.
by Ronald Lee March 30, 2021
Bitcoin Bandit is a term used in the com to represent them being a theif to cryptocurrency or one who simswaps. People known as plugwalkjoe, doc, jon, and alot more out there. plugwalk joe is known for hacking twitter and other social medias through a method known as simswap, his victims are celebrities such as EX twitter CEO, Donaldtrump, more. Doc is known for his notorious simswap hack that landed himself $15M in bitcoin/USD in 1 lick. Doc owns a few handles but the main known as @5 on instagram. the reason i added jon in that list is because recently he was caught flexing/flashing a lick he hit to be around $10M-20M with a few other friends split into 2 groups to accomplish this lick whos names are unknown at this time. jon is new to the scene but recently been investigated in Sinaloa, Mexico by the mexicans government for being apart of a huge drug scam involving the Sinaloa Cartel known to be ran by the infamous druglord/kingpin El Chapo aka one if the most wanted men in Mexico during his time. Jon was raided in Mexico around May of 2023 which caused this event to be posted all over tiktok and reportedly $3M in cash and 2 ferrari's 1 known as a LaFerrari driven by Jon himself who was seen fleeing the scene in a pickup truck and the other known as a Ferrari F8 Tributo driven by a associate who is still unknown to this day. He flashes all his wealth over instagram by the username @comandantejon and other alternative instagram accounts.
by The Snitch of Snitches August 09, 2023