Go home Wall Street boys. You can`t tame Mr Bitcoin.
No guarantee that they're trying, or that they all believe the same things about BTC's current state.
Topic: Bitcoin can`t be tamed by futures trading ~ Price went up 10% in minutes (Read 359 times)
December 23, 2017, 09:09:39 PM
December 23, 2017, 06:39:57 PM
Love it. All the FUD before the future trading started. BTC will drop in price etc etc blah blah.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
It is ironic because this thread is quite old, but i still remember that difficult job that the Fudder's out here tried to do in order to make people be afraid and sell all their bitcoins.
It is full of them, we can not fight against them because they are always going to be complaining, doesn't matter what.
Just take a look over those boards, and the bitcoin discussion, everytime that the price goes down by $200 - $300, they are asking about if that is the crash, a new dip, or whatever it is.
The futures were not even dangerous, but everybody created a psycho movie regarding to them. Like that they were just going to short it all, or just create a huge panic over it.
December 23, 2017, 06:06:18 PM
We might try to analize BTC trends using the chaos theory...
December 23, 2017, 06:02:51 PM
This is why you never listen to FUD, and never listen in fomo market conditions as well. Make up your own decisions.
Well said.
December 12, 2017, 11:22:29 AM
I'm pretty sure that $700 spike was due to futures opening and spiking up to 18k while stamp was at 15k. Then someone who apparently thinks Bitcoin might follow decided to buy it up in a single 5 minute candle. Manipulation aside, There is no reason the futures market should pull Bitcoin to it in either direction.
December 12, 2017, 05:30:09 AM
This is why you never listen to FUD, and never listen in fomo market conditions as well. Make up your own decisions.
Well said.
December 12, 2017, 02:37:22 AM
Love it. All the FUD before the future trading started. BTC will drop in price etc etc blah blah.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
There was indeed a lot of FUD about how futures trading will completely ruin bitcoin or will completely crash bitcoin when it was to scheduled to start. But it turned out to actually be nothing special and actually boosted bitcoin price a whole lot.
In my opinion, futures trading or not, bitcoin is going to be bitcoin day end. We hold the real bitcoin, they're trading fake bitcoins. Sure it's going to be manipulation, but it shouldn't affect the long term bitcoin growth.
This is why you never listen to FUD, and never listen in fomo market conditions as well. Make up your own decisions.
December 12, 2017, 02:13:58 AM
Today the volume of futures is 350. So the actual futures trading is compeltely insigificant and doesnt effect anything. It is only the concept of bitcoin hitting wall street that is driving the rally.
December 12, 2017, 02:09:40 AM
Too early to say this, Too early to judge. We still can't conclude that Bitcoin Futures and Wall Street guys are the bad person here, we need to wait for a little bit of more time to see if Bitcoin Futures will drastically change Bitcoin, Bitcoin System, Bitcoin Community and how non Bitcoiners see Bitcoin-- For Good or For Worse? No once can tell, We should wait for it and let's hope that this Bitcoin Futures will really help to introduce bitcoin to the masses.
December 12, 2017, 01:23:37 AM
Love it. All the FUD before the future trading started. BTC will drop in price etc etc blah blah.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
It is too early to tell what it is going to happen it just been a day things can change you can be sure they are going to try to become the new whales by manipulating the price of bitcoin so at first I think we are going to see an even greater volatility, greater bubbles and greater crashes. What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
December 11, 2017, 04:34:20 PM
Love it. All the FUD before the future trading started. BTC will drop in price etc etc blah blah.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
Many, myself included, were warning that now the whales have the ability to hedge their coins and lock in their sale price if they try to dump enormous numbers on the exchanges. It would likely cause the prices on the exchanges to crash but they wouldn't lose anything if they sold enough short futures contracts. As said above, people weren't saying that these events would happen on the 1st or 2nd day...but they probably will happen sooner or later.
December 11, 2017, 12:03:15 PM
Love it. All the FUD before the future trading started. BTC will drop in price etc etc blah blah.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
Many, myself included, were warning that now the whales have the ability to hedge their coins and lock in their sale price if they try to dump enormous numbers on the exchanges. It would likely cause the prices on the exchanges to crash but they wouldn't lose anything if they sold enough short futures contracts. As said above, people weren't saying that these events would happen on the 1st or 2nd day...but they probably will happen sooner or later.
December 11, 2017, 11:54:00 AM
Most people weren't saying that the price would crash instantly after futures trading was introduced.
If the price is going to crash from futures trading (it's not inevitable but it's certainly possible) it'll most likely be some sort of major group with the ability to attempt aggressive trading, like a hedge fund for example. Due to the relatively low liquidity, they could make a hell of a lot of money by shorting it.
If the price is going to crash from futures trading (it's not inevitable but it's certainly possible) it'll most likely be some sort of major group with the ability to attempt aggressive trading, like a hedge fund for example. Due to the relatively low liquidity, they could make a hell of a lot of money by shorting it.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
No guarantee that they're trying, or that they all believe the same things about BTC's current state. December 11, 2017, 10:06:12 AM
It was so obvious too what was happening... FUD FUD FUD EVERYWHERE yesterday. Hope the wallstreet guys short BTC and it goes to the moon.
December 11, 2017, 10:02:08 AM
Love it. All the FUD before the future trading started. BTC will drop in price etc etc blah blah.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
What happened. The trading platforms website crashed in minutes and Bitcoin rose 10% in five minutes.
Go home Wall Street boys. You can`t tame Mr Bitcoin.
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