Nice find OP. Good explanation for the recent uptick in btc price.
I see people trying to compare the current state of crypto to circumstances involving the 2008 economic crisis. Let's be clear there is no valid comparison there. Real estate and the housing market were both in severe declines which may have been magnified by the leverage aspect of collaterized debt obligations. Bitcoin is the opposite, its fundamental metrics relating to volume and users are increasing significantly and aren't leveraged the way derivatives often are.
Attempts to compare bitcoin to the economic crash of 2008, are attempts to compare a growing, thriving, crypto market with a 2005-2007 real estate market which was shrinking, withering and dying. The perspective of commentators there on CNBC doesn't amount to more than scare tactics and misinformation.
Topic: Bitcoin Futures Sparks Fears For Financial Crisis - page 2. (Read 792 times)
I do think what the wall CME is doing is.. more like.. inflating a bubble..and..its.. Going all nice and good but onw must remember they are.. Making it thinner and more vulnerable and..it ..will brust anytime..
Well I don't think its nice.. for ..CME to interfere in the bitcoins.. Because ... They.. instead of.. Making BITCOINS FUTURE they will more or so.. spoil it.. because..all these investors.. they compete against each other..and..if cme is in..others will be too for sure and it will take a toll on the maket of bitcoins..they will depend upon..the.. amount that these guys hold there...it will give them a little bit power to manipulate the market if..they decided to.. Increase their.. investment to.. something thats really high according to the market cap of bitcoins.
Well I don't think its nice.. for ..CME to interfere in the bitcoins.. Because ... They.. instead of.. Making BITCOINS FUTURE they will more or so.. spoil it.. because..all these investors.. they compete against each other..and..if cme is in..others will be too for sure and it will take a toll on the maket of bitcoins..they will depend upon..the.. amount that these guys hold there...it will give them a little bit power to manipulate the market if..they decided to.. Increase their.. investment to.. something thats really high according to the market cap of bitcoins.
CME's plan for bitcoin futures reminds us just the moment before Tulip bubble crash.Here in futures contract,it is cash settled.So there is no need to immediately deliver bitcoins and it has to be delivered only after the expiration period.This would help speculators to just speculate the bitcoin price without even holding bitcoins in hand.
Same was the case in tulip in the seventeenth century.The price of tulip went very high and suddenly it began to crash when the seller was not able to deliver the tulips during the expiration period.
The price hike after CME announced is welcomed and celebrated.But it would be a temporary advantage and in the long brun,its really a serious threat for bitcoin.
Same was the case in tulip in the seventeenth century.The price of tulip went very high and suddenly it began to crash when the seller was not able to deliver the tulips during the expiration period.
The price hike after CME announced is welcomed and celebrated.But it would be a temporary advantage and in the long brun,its really a serious threat for bitcoin.
I really don't know what to say about this but I think wall street already experience many Financial Crisis ever since and I am scared about the fact that there would be a Cryptocurrencies Crisis in the future as everything is possible with digital or Fiat currency and there is an inevitable time that you can't dodge that incoming crisis.
Robert Kiyosaki already told that there is an another financial crisis in the near future and it is coming no matter how bad we don't want it.
Here is an article that Robert told about his predictions https://seekingalpha.com/article/3967094-robert-kiyosaki-biggest-stock-market-crash-history-coming-2016
Even though there is no major crash happened in 2016 but I think there is some delay in his prediction because I still feel the points of his statements that it will happen soon and after reading your post it really strengthen my belief.
Robert Kiyosaki already told that there is an another financial crisis in the near future and it is coming no matter how bad we don't want it.
Here is an article that Robert told about his predictions https://seekingalpha.com/article/3967094-robert-kiyosaki-biggest-stock-market-crash-history-coming-2016
Even though there is no major crash happened in 2016 but I think there is some delay in his prediction because I still feel the points of his statements that it will happen soon and after reading your post it really strengthen my belief.
Robert Kiyosaki did not base his predictions on Bitcoin futures being added and destroying stock markets. He based his predictions on the corrupt fiat systems that are already in place in the financial sector. Bitcoin cannot bring down a corrupt giant, because it is already sick.
Bitcoin can protect people's wealth by extracting their wealth from that corrupt system, before it collapse. These centralized financial services will protect themselves, when it goes down. < Closing stock markets & runs to Banks > Bitcoin will put you in full control of your wealth, because it is not stored in these centralized systems.
If you use Bitcoin futures, you will go through these centralized databases and your wealth will not be in your own hands.
That's quite optimistic and that's how I'm hoping things will turn out. I remember during the height of the Greek crisis, I saw lines of senior citizens out of the banks, hoping they'll be able to withdraw their money. It was just sad.
I heard that even banks in other EU countries imposed withdrawal limits. So much for having control of your finances. 
Quote
Cryptocurrency traders were having a blast Tuesday after bitcoin gained approval in the futures market, but not everyone was in on the party.
After CME said it would launch bitcoin futures before the end of the year, fears quickly arose that money would start cascading in, sparking dark comparisons with a financial crisis-like orgy of speculation.
"I have no problem with bitcoin. I like the concept," said Joe Saluzzi, a principal at Themis Trading. "I have a problem that on Wall Street the innovators are trying to package something up and put a derivative label on it when they really don't know what's underneath. It reminds me of the financial crisis all over again."
Read more here...
There is an ongoing party (figuratively speaking at least...though anybody can really throw a real Bitcoin party anytime anywhere much more so that the value is surging towards $7,500) right now as we are seeing a great surge for Bitcoin and there is that possibility that Bitcoin's value can be able to reach the $10K mark before the end of the year.
The recent decision by CME to introduce their Bitcoin Futures to the market has been the spark that is currently fueling this big rise. But while many are celebrating we are also seeing some who are cautious about the possibility of Wall Street people entering the Bitcoin market. And we know that Wall Street had been embroiled in many financial crisis in the past.
Do you see this development to be doing good for Bitcoin in the long haul?
a crisis in country caused by cryptocurrency, can occur. there is a game on bitcoin prices with 51% ownership, but metaphysically to analyze "whether there will be a crisis because cryptocurrency" requires foresight. elements of capital, user analysis, or the emergence of a new class because bitcoin trade must be factual. if looked at empirically from the wallstreet traders, this is just an elite game, the same as what happened in 2008.
Now I can tell where this increases coming from, those who come late to be on the ride is making an action not to leave behind all this years. Joe Saluzzi knows trading more than anyone does and his predictions might not be applicable to all, I do believe he give justice to some point. The concept of bitcoin is always been the main attraction of cryptocurrency, to be the boss of your own, to do what you want to do and no time wasting paperwork’s.
The risk might be big but the same way the profit is. Then that should be the beginning of a never ending bitcoin investments.
The risk might be big but the same way the profit is. Then that should be the beginning of a never ending bitcoin investments.
Having been the base of the surge in price towards the $7.5k mark, this development is a big boon for Bitcoin on the longer run for sure. With more acceptances, Bitcoin gains popularity and this will have a great positive impact on the market making it go higher. Furthermore, expect various other companies to open up to accept Bitcoin which would be a dream scenario.
I really don't know what to say about this but I think wall street already experience many Financial Crisis ever since and I am scared about the fact that there would be a Cryptocurrencies Crisis in the future as everything is possible with digital or Fiat currency and there is an inevitable time that you can't dodge that incoming crisis.
Robert Kiyosaki already told that there is an another financial crisis in the near future and it is coming no matter how bad we don't want it.
Here is an article that Robert told about his predictions https://seekingalpha.com/article/3967094-robert-kiyosaki-biggest-stock-market-crash-history-coming-2016
Even though there is no major crash happened in 2016 but I think there is some delay in his prediction because I still feel the points of his statements that it will happen soon and after reading your post it really strengthen my belief.
Robert Kiyosaki already told that there is an another financial crisis in the near future and it is coming no matter how bad we don't want it.
Here is an article that Robert told about his predictions https://seekingalpha.com/article/3967094-robert-kiyosaki-biggest-stock-market-crash-history-coming-2016
Even though there is no major crash happened in 2016 but I think there is some delay in his prediction because I still feel the points of his statements that it will happen soon and after reading your post it really strengthen my belief.
Robert Kiyosaki did not base his predictions on Bitcoin futures being added and destroying stock markets. He based his predictions on the corrupt fiat systems that are already in place in the financial sector. Bitcoin cannot bring down a corrupt giant, because it is already sick.
Bitcoin can protect people's wealth by extracting their wealth from that corrupt system, before it collapse. These centralized financial services will protect themselves, when it goes down. < Closing stock markets & runs to Banks > Bitcoin will put you in full control of your wealth, because it is not stored in these centralized systems.
If you use Bitcoin futures, you will go through these centralized databases and your wealth will not be in your own hands.
The CME -Bitcoin futures in my opinion, is just a way of big whales to get the money of the traders around the world, they are just showing it like "hey this is Bitcoin , people approve it and you can earn money here invest now", There is a big risk here and that is the money flowing in the exchanges that will be opened to all people around the World. This big whales are experienced trader and their stock trading skills will help them to manipulate Biutcoin's price.
I really don't know what to say about this but I think wall street already experience many Financial Crisis ever since and I am scared about the fact that there would be a Cryptocurrencies Crisis in the future as everything is possible with digital or Fiat currency and there is an inevitable time that you can't dodge that incoming crisis.
Robert Kiyosaki already told that there is an another financial crisis in the near future and it is coming no matter how bad we don't want it.
Here is an article that Robert told about his predictions https://seekingalpha.com/article/3967094-robert-kiyosaki-biggest-stock-market-crash-history-coming-2016
Even though there is no major crash happened in 2016 but I think there is some delay in his prediction because I still feel the points of his statements that it will happen soon and after reading your post it really strengthen my belief.
Robert Kiyosaki already told that there is an another financial crisis in the near future and it is coming no matter how bad we don't want it.
Here is an article that Robert told about his predictions https://seekingalpha.com/article/3967094-robert-kiyosaki-biggest-stock-market-crash-history-coming-2016
Even though there is no major crash happened in 2016 but I think there is some delay in his prediction because I still feel the points of his statements that it will happen soon and after reading your post it really strengthen my belief.
Quote
Cryptocurrency traders were having a blast Tuesday after bitcoin gained approval in the futures market, but not everyone was in on the party.
After CME said it would launch bitcoin futures before the end of the year, fears quickly arose that money would start cascading in, sparking dark comparisons with a financial crisis-like orgy of speculation.
"I have no problem with bitcoin. I like the concept," said Joe Saluzzi, a principal at Themis Trading. "I have a problem that on Wall Street the innovators are trying to package something up and put a derivative label on it when they really don't know what's underneath. It reminds me of the financial crisis all over again."
Read more here...
There is an ongoing party (figuratively speaking at least...though anybody can really throw a real Bitcoin party anytime anywhere much more so that the value is surging towards $7,500) right now as we are seeing a great surge for Bitcoin and there is that possibility that Bitcoin's value can be able to reach the $10K mark before the end of the year.
The recent decision by CME to introduce their Bitcoin Futures to the market has been the spark that is currently fueling this big rise. But while many are celebrating we are also seeing some who are cautious about the possibility of Wall Street people entering the Bitcoin market. And we know that Wall Street had been embroiled in many financial crisis in the past.
Do you see this development to be doing good for Bitcoin in the long haul?
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