LewisPirenne
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November 11, 2017, 03:51:10 PM
Last edit: November 11, 2017, 06:00:34 PM by LewisPirenne

As to why S2X future even has values, it's the reason that people have stated before.  That is, in order to sell your S2X future when it goes live a month ago, you need to split your coins into BT1 and BT2.  Now when that BT2 is worthless at 5 mbtc as news came out, people buy back (short cover) BT2 to re-combine with BT1 so that they can get back their original BTC and tx out of Bitfinex.  Because seriously, who would want hold BTC a minute longer than needed on Bitfinex?   Thus there is more people who want to buy back their BT2 to tx out than the losers who got rekted, but refused to realize loss, and hoped that some S2X dev will copy-paste BCH's EDA and replay-protection, so that they can at least hope for a pump later.  

When S2X future is almost worthless, you are taking counterparty risk by holding that contract and keeping your BTC on Bitfinex.