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Topic: Bitcoin and Nasdaq and NYSE (Read 240 times)

full member
Activity: 504
Merit: 100
December 05, 2018, 07:13:23 PM
#24
Nasdaq has a not bad idea, and wants to work with VanEck ETF, this is the right choice, if the price is affected by bitcoin and I also want to know whether it is accepted or not.
hero member
Activity: 1190
Merit: 541
December 03, 2018, 03:13:08 AM
#23
Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures
We can say yet another future to fool us but  Nasdaq wants to with cooperation of VanEck  ETF

The Nasdaq futures will be based off the Bitcoin’s price on numerous spot exchanges, as compiled by VanEck Associates Corp., the person said. CME uses prices from four markets, while it’s just one at Cboe

Yet another big name what want to list his own future will be NYSE
New York Stock Exchange owner Intercontinental Exchange Inc. said last week it will launch its own contracts on Jan. 24

24 January  is scheduled launch of Bakkt

Maybe that news are good prognostic for ETF approval
Whatever to think about it both Nasdaq and Nyse are big names maybe not enough big for our lovely Jame but big

https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices?utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&utm_content=crypto
I don't think Bakkt moved or delayed their opening to actually be at the same time as those two because they needed the upper hand and be early at ETF in order to get as many customers as they can however if what is said is true and nasdaq and nyse is actually starting etf for bitcoin I think it will be amazing for all of us. Think about it when the investors wants to buy bitcoin ETF and they lose money do you think they will comeback to that investment bank? I don't think so, they are not going to be like "oh the bitcoin didn't work so lets do something else" no they will be more like "your investment didn't work I am taking my money somewhere else". Hence banks will have a lot of incentive to keep bitcoin price above certain price in order to keep customers happy.
legendary
Activity: 2170
Merit: 1427
December 01, 2018, 06:54:36 PM
#22
I have been reading that thanks to Bakkt will be possible to pay for for example Starbucks with  btc without all that fee
It is why Bakkt is so important giving crypto chances for adoption

That's wrong. You won't be able to use Bitcoin in any Startbucks shop. The deal here is that you'll be able to sell Bitcoin to USD through Bakkt, and then use these funds to buy a coffee or whatever else that Starbucks sells. As always, it were the shitty news outlets trying to convince people they could finally spend their coins in Starbucks.

In order to stimulate adoption we need stores actually allowing customers to pay with Bitcoin, even if they use a payment gateway. If you are converting your coins to fiat to spend them, what's the point of Bitcoin then? In that regard, you can just as easily keep using your debit card to conduct these transactions.
jr. member
Activity: 36
Merit: 24
December 01, 2018, 09:01:51 AM
#21
Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures
We can say yet another future to fool us but  Nasdaq wants to with cooperation of VanEck  ETF

The Nasdaq futures will be based off the Bitcoin’s price on numerous spot exchanges, as compiled by VanEck Associates Corp., the person said. CME uses prices from four markets, while it’s just one at Cboe

Yet another big name what want to list his own future will be NYSE
New York Stock Exchange owner Intercontinental Exchange Inc. said last week it will launch its own contracts on Jan. 24

24 January  is scheduled launch of Bakkt

Maybe that news are good prognostic for ETF approval
Whatever to think about it both Nasdaq and Nyse are big names maybe not enough big for our lovely Jame but big

https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices?utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&utm_content=crypto
Bitcoin future had plans from early 2018 , its not a new news.
newbie
Activity: 12
Merit: 0
December 01, 2018, 09:01:02 AM
#20
Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures
We can say yet another future to fool us but  Nasdaq wants to with cooperation of VanEck  ETF

The Nasdaq futures will be based off the Bitcoin’s price on numerous spot exchanges, as compiled by VanEck Associates Corp., the person said. CME uses prices from four markets, while it’s just one at Cboe

Yet another big name what want to list his own future will be NYSE
New York Stock Exchange owner Intercontinental Exchange Inc. said last week it will launch its own contracts on Jan. 24

24 January  is scheduled launch of Bakkt

Maybe that news are good prognostic for ETF approval
Whatever to think about it both Nasdaq and Nyse are big names maybe not enough big for our lovely Jame but big

https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices?utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&utm_content=crypto

If it is true, it is very good for bitcoin and crypto currencies.
jr. member
Activity: 82
Merit: 2
December 01, 2018, 02:46:09 AM
#19
Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures
We can say yet another future to fool us but  Nasdaq wants to with cooperation of VanEck  ETF

The Nasdaq futures will be based off the Bitcoin’s price on numerous spot exchanges, as compiled by VanEck Associates Corp., the person said. CME uses prices from four markets, while it’s just one at Cboe

Yet another big name what want to list his own future will be NYSE
New York Stock Exchange owner Intercontinental Exchange Inc. said last week it will launch its own contracts on Jan. 24

24 January  is scheduled launch of Bakkt

Maybe that news are good prognostic for ETF approval
Whatever to think about it both Nasdaq and Nyse are big names maybe not enough big for our lovely Jame but big

https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices?utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&utm_content=crypto
I don’t know if this is going to be for real cause I have seen similar news before which didn’t come true at last. But if they do so, then there is going to be lots of investors developing interest in Bitcoin and that will also make the cryptocurrency market (especially Bitcoin) to grow heavily. Let’s see till then if they will really do as they said.
hero member
Activity: 2646
Merit: 686
November 30, 2018, 09:44:55 AM
#18
Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures
We can say yet another future to fool us but  Nasdaq wants to with cooperation of VanEck  ETF

The Nasdaq futures will be based off the Bitcoin’s price on numerous spot exchanges, as compiled by VanEck Associates Corp., the person said. CME uses prices from four markets, while it’s just one at Cboe

Yet another big name what want to list his own future will be NYSE
New York Stock Exchange owner Intercontinental Exchange Inc. said last week it will launch its own contracts on Jan. 24

24 January  is scheduled launch of Bakkt

Maybe that news are good prognostic for ETF approval
Whatever to think about it both Nasdaq and Nyse are big names maybe not enough big for our lovely Jame but big

https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices?utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&utm_content=crypto

While Nasdaq has confirmed plans to launch bitcoins futures, the fate of Bitcoins ETF is not clear for now as the chairman of sec wishes to see better market surveillance and custody before approving them. I believe the twin news of Bakkt launch and Nasdaq futures can power up the prices going ahead in 2019, it's too early to say if we'll see a rally like we saw last year. However I'll agree Nasdaq is big household name, and we could see institutional investors money flowing into market via the futures route.
member
Activity: 336
Merit: 12
November 30, 2018, 06:54:45 AM
#17
I wonder what futures will be used.If the delivery futures is interesting.And it will not be soon.
Pab
legendary
Activity: 1862
Merit: 1012
November 30, 2018, 02:53:31 AM
#16
I don't know wether or not this is good news or bad news. Sad
I hate bitcoin futures,but it's obvious that the big players and the institutional investors want btc futures contracts trading.The whales have been waiting for this price dump and they are going  to start buying somewhere around Christmass.The bad thing is that nobody in the crypto world believes that such news are able to change the market trend.

I don't think that nobody believes but the effect of waiting for this positive news is sort of tiring for all of us. SEC's decision was move and so was the BAKKT future offerings and it might be one factors that caused a massive sell-off once they announced the postponement. But perhaps the news could really bring institutional money making the market bounce again and maybe, just maybe another all-time-high? Remains to be seen.
I think that sell off what  caused by BCH fork
Now after SV pump is finished we see rebound but for sure Bakkt release delay added more reasons to sell
Rest was creating panic and buy on low levels

I have been reading that thanks to Bakkt will be possible to pay for for example Starbucks with  btc without all that fee
It is why Bakkt is so important giving crypto chances for adoption
legendary
Activity: 3080
Merit: 1353
November 30, 2018, 02:15:15 AM
#15
I don't know wether or not this is good news or bad news. Sad
I hate bitcoin futures,but it's obvious that the big players and the institutional investors want btc futures contracts trading.The whales have been waiting for this price dump and they are going  to start buying somewhere around Christmass.The bad thing is that nobody in the crypto world believes that such news are able to change the market trend.

I don't think that nobody believes but the effect of waiting for this positive news is sort of tiring for all of us. SEC's decision was move and so was the BAKKT future offerings and it might be one factors that caused a massive sell-off once they announced the postponement. But perhaps the news could really bring institutional money making the market bounce again and maybe, just maybe another all-time-high? Remains to be seen.
jr. member
Activity: 420
Merit: 1
November 28, 2018, 10:00:44 AM
#14
Entry into the big “Krypto game” by such players as the Nasdaq and the NYSE can only mean that the development and infusion of new capital into the crypto industry will resume very soon. This will take advantage of the whales to organize another pamp.
full member
Activity: 276
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November 28, 2018, 08:55:51 AM
#13
The only thing that concerns me with these are that a lot of them seem not to be physically backed. It's really unclear as to what the actual overall effect of that is but in some way it must take investment away from physical coins.
What do you mean "physical coins"?  If you mean that the futures market doesn't depend on being able to deliver bitcoin at the end of the futures/options contracts, that's not a problem with other commodity markets so why should it be a problem with bitcoin?

Gold & silver bugs are always complaining about how the market is manipulated and that there's more silver traded in a day than exists in the world (or an argument close to that).  But the fact is that the futures markets are basically a way of betting on the price of something like bitcoin without having to actually own bitcoin.  I think technically a contract requires that if a person wants delivery of [insert commodity here], they have to be able to take possession of it, but that rarely happens.  These contracts are settled for cash.

No doubt when this starts, we're going to be hearing about how manipulated the bitcoin market is and to that I say:  If you think the game is rigged, don't play.

I understand that, and I'm not completely against the idea and do think eventually it could work. But I am a little concerned given that as of yet bitcoin and all other cryptos are lacking in utility and are therefore mostly speculative assets. Because of that most people investing would instead be able to invest in the futures market instead of the physical market (yes - I just meant coins actually needing to be bought and sold). IF without that speculative buying there's not enough from utility backed demand alone what will happen to the price? Perhaps the market is trying to run before it can walk.
hero member
Activity: 3150
Merit: 937
November 28, 2018, 02:11:44 AM
#12
I don't know wether or not this is good news or bad news. Sad
I hate bitcoin futures,but it's obvious that the big players and the institutional investors want btc futures contracts trading.The whales have been waiting for this price dump and they are going  to start buying somewhere around Christmass.The bad thing is that nobody in the crypto world believes that such news are able to change the market trend.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
November 28, 2018, 01:12:13 AM
#11
The only thing that concerns me with these are that a lot of them seem not to be physically backed. It's really unclear as to what the actual overall effect of that is but in some way it must take investment away from physical coins.
What do you mean "physical coins"?  If you mean that the futures market doesn't depend on being able to deliver bitcoin at the end of the futures/options contracts, that's not a problem with other commodity markets so why should it be a problem with bitcoin?

Gold & silver bugs are always complaining about how the market is manipulated and that there's more silver traded in a day than exists in the world (or an argument close to that).  But the fact is that the futures markets are basically a way of betting on the price of something like bitcoin without having to actually own bitcoin.  I think technically a contract requires that if a person wants delivery of [insert commodity here], they have to be able to take possession of it, but that rarely happens.  These contracts are settled for cash.

No doubt when this starts, we're going to be hearing about how manipulated the bitcoin market is and to that I say:  If you think the game is rigged, don't play.
Pab
legendary
Activity: 1862
Merit: 1012
November 28, 2018, 12:24:33 AM
#10
Something from Gabor Gurbacs Ceo of VanEc
By 2038, the value of #digitalassets will be over USD #10trillion. It’s my bold call, but don’t underestimate  programmable money, SOVs, payments and protocols of the future. ETFs grew from 0 to over $6T in 20yrs. Digital assets will grow faster given tomorrow’s technologies.

Here is his twitter worth to follow https://twitter.com/gaborgurbacs

There is possible to disturb new digital revolution but you can't stop
But if USA want to live in middle ages than it is USA problem
legendary
Activity: 3542
Merit: 1352
Cashback 15%
November 27, 2018, 03:44:18 PM
#9
Perhaps a few closed-door meetings of NASDAQ and SEC officials would do the trick to get ETFs approved, knowing that the big names have already shown some genuine interest over the field. With that being said, I expect ETFs to be approved as the situation had been already conditioned by NASDAQ, though there's still a slim chance that the officials of SEC would still be asses for not approving ETFs due to it being a hub for "money laundering." Also, Bakkt had been making moves and would come around 4th week of January, and the series of positive events will go on from there.

Hopefully though this comes to fruition, as a boost is much needed to an already failing market.
copper member
Activity: 70
Merit: 2
November 27, 2018, 03:21:13 PM
#8
Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures
We can say yet another future to fool us but  Nasdaq wants to with cooperation of VanEck  ETF

The Nasdaq futures will be based off the Bitcoin’s price on numerous spot exchanges, as compiled by VanEck Associates Corp., the person said. CME uses prices from four markets, while it’s just one at Cboe

Yet another big name what want to list his own future will be NYSE
New York Stock Exchange owner Intercontinental Exchange Inc. said last week it will launch its own contracts on Jan. 24

24 January  is scheduled launch of Bakkt

Maybe that news are good prognostic for ETF approval
Whatever to think about it both Nasdaq and Nyse are big names maybe not enough big for our lovely Jame but big

https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices?utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&utm_content=crypto

I worry that the market has already factored in this information and is still low. What would happen in Bakkt were to fall apart..
hero member
Activity: 2128
Merit: 530
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November 27, 2018, 02:16:20 PM
#7
This is setting the pace for ETF approval, one thing I am sure of is that ETF approval is close by, all these companies and names are influential and have huge lobbying power, they are laying the infrastructure for this to happen 2019 could surely be the year, my main fear is just price suppression by these people
member
Activity: 420
Merit: 20
simply getting the job done
November 27, 2018, 01:56:13 PM
#6
It is quite possible that after the launch of Bakkt, the market will revive a little, but I do not think that this can drastically change the situation on the market. Unfortunately, it seems to me that until the end of the winter of 2019 the market will be in a bearish phase. As long as no new money arrives on the market, no news can push the market up. Since the market is moving only big business, we will have to wait until the big players can buy bitcoins on the bottoms and only after that can we expect growth.
legendary
Activity: 3248
Merit: 1402
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November 27, 2018, 01:35:51 PM
#5
Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures
The Nasdaq futures will be based off the Bitcoin’s price on numerous spot exchanges, as compiled by VanEck Associates Corp., the person said.
Yet another big name what want to list his own future will be NYSE
New York Stock Exchange owner Intercontinental Exchange Inc. said last week it will launch its own contracts on Jan. 24
Well, maybe people from stock exchanges will take the opportunity to buy low. It's also good that the price will be based at the market price. However, it will be so just at the beginning, right? I mean, the whole thing about futures is getting some guarantees on purchases and sales regardless to what happens to the market price by then. This is also some sort of alienation from the free market trading. Bitcoin can rise on stock exchanges but will that lead to some positive movement on top crypto exchanges? Otherwise people will eventually dump the free market and bitcoin will be traded like some asset on a regulated platform only...
Pab
legendary
Activity: 1862
Merit: 1012
November 27, 2018, 12:39:15 PM
#4
Breaking
Gabor Gurbacs

 
@gaborgurbacs
 28m28 minutes ago
More
@Nasdaq and VanEck’s @MVISIndices announces #index #partnership and intention to bring to market transparent, regulated and surveilled #DigitalAssets products, such as #Bitcoin futures contracts. More info to come. Share & follow us. #crypto #futures #SMARTS #ConsensusInvest

https://twitter.com/gaborgurbacs/status/1067465660337393664
Pab
legendary
Activity: 1862
Merit: 1012
November 27, 2018, 09:53:04 AM
#3
Given the shear capital flow of these stock exchanged there's bound to be some large investment flowing in to bitcoin. It may not be in terms of how people expect, with big price hikes, but there will for sure be a steady stream of investment because more and more people will have access to them and also notice them. The only thing that concerns me with these are that a lot of them seem not to be physically backed. It's really unclear as to what the actual overall effect of that is but in some way it must take investment away from physical coins.

Best news for me was that Overstock Ceo sold his business to move in crypto
He will build secure wallets and infrastructure for institutional  investors
He is not kamikadze he see that time for crypto is coming and iit will be good business simply
full member
Activity: 276
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November 27, 2018, 09:42:29 AM
#2
Given the shear capital flow of these stock exchanged there's bound to be some large investment flowing in to bitcoin. It may not be in terms of how people expect, with big price hikes, but there will for sure be a steady stream of investment because more and more people will have access to them and also notice them. The only thing that concerns me with these are that a lot of them seem not to be physically backed. It's really unclear as to what the actual overall effect of that is but in some way it must take investment away from physical coins.
Pab
legendary
Activity: 1862
Merit: 1012
November 27, 2018, 09:34:28 AM
#1
 Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures
We can say yet another future to fool us but  Nasdaq wants to with cooperation of VanEck  ETF

The Nasdaq futures will be based off the Bitcoin’s price on numerous spot exchanges, as compiled by VanEck Associates Corp., the person said. CME uses prices from four markets, while it’s just one at Cboe

Yet another big name what want to list his own future will be NYSE
New York Stock Exchange owner Intercontinental Exchange Inc. said last week it will launch its own contracts on Jan. 24

24 January  is scheduled launch of Bakkt

Maybe that news are good prognostic for ETF approval
Whatever to think about it both Nasdaq and Nyse are big names maybe not enough big for our lovely Jame but big

https://www.bloomberg.com/news/articles/2018-11-27/nasdaq-is-said-to-pursue-bitcoin-futures-despite-plunging-prices?utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&utm_content=crypto
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