CME futures expires on 26th January | Bitcointalksearch.org

muhdatha

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Quote from: harri74 on January 27, 2018, 07:31:28 AM

Quote from: leea-1334 on January 27, 2018, 07:26:56 AM

See, nothing happened. As Maveth says, CME on its own cannot really do much, so this was nothing much to do with futures in the first place. As people keep reminding anyway, none of the contracts actually involve Bitcoin. It is just a bunch of people betting on whether the price goes up or down.

As yes, the actual event does not cause price fluctuations, rather people react in anticipation of news, and events. They either panic and sell out of fear and uncertainty, or buy in the fear of missing out, this is the herd mentality famous in trading.

The way I see it is that the inflating price of BTC we witnessed towards the end of November and throughout December could have been big business/governments buying up lots of BTC. Then in order to manipulate the price downwards to ensure the Futures contracts executed successfully, many of these BTC are sold. This would explain the fact that $50bn falls off the market in less than 1 hour around a week ago...

And same time US Government sold last part of confiscated SilkWay's Bitcoins

Please remember that market's 'bears' want their piece of Bitcoins pie too.

harri74

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Quote from: leea-1334 on January 27, 2018, 07:26:56 AM

Quote from: Maveth13 on January 27, 2018, 07:22:10 AM

Quote from: Branko on January 27, 2018, 05:16:02 AM

So, after all, nothing happened? Or market just slow reacting?

Probably not. Market manipulation is harder than it sounds. CME limits what an entity/group/person can hold, which makes it almost unprofitable given the cost of manipulation.

On the other hand, this futures expiration dip is more of a fud than an actual event. Price fluctuates too much not because of actual manipulation, but because people expects and are afraid of that manipulation.

See, nothing happened. As Maveth says, CME on its own cannot really do much, so this was nothing much to do with futures in the first place. As people keep reminding anyway, none of the contracts actually involve Bitcoin. It is just a bunch of people betting on whether the price goes up or down.

As yes, the actual event does not cause price fluctuations, rather people react in anticipation of news, and events. They either panic and sell out of fear and uncertainty, or buy in the fear of missing out, this is the herd mentality famous in trading.

The way I see it is that the inflating price of BTC we witnessed towards the end of November and throughout December could have been big business/governments buying up lots of BTC. Then in order to manipulate the price downwards to ensure the Futures contracts executed successfully, many of these BTC are sold. This would explain the fact that $50bn falls off the market in less than 1 hour around a week ago...

leea-1334

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Temporary forum vacation

Quote from: Maveth13 on January 27, 2018, 07:22:10 AM

Quote from: Branko on January 27, 2018, 05:16:02 AM

So, after all, nothing happened? Or market just slow reacting?

Probably not. Market manipulation is harder than it sounds. CME limits what an entity/group/person can hold, which makes it almost unprofitable given the cost of manipulation.

On the other hand, this futures expiration dip is more of a fud than an actual event. Price fluctuates too much not because of actual manipulation, but because people expects and are afraid of that manipulation.

See, nothing happened. As Maveth says, CME on its own cannot really do much, so this was nothing much to do with futures in the first place. As people keep reminding anyway, none of the contracts actually involve Bitcoin. It is just a bunch of people betting on whether the price goes up or down.

As yes, the actual event does not cause price fluctuations, rather people react in anticipation of news, and events. They either panic and sell out of fear and uncertainty, or buy in the fear of missing out, this is the herd mentality famous in trading.

Maveth13

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Quote from: Branko on January 27, 2018, 05:16:02 AM

So, after all, nothing happened? Or market just slow reacting?

Probably not. Market manipulation is harder than it sounds. CME limits what an entity/group/person can hold, which makes it almost unprofitable given the cost of manipulation.

On the other hand, this futures expiration dip is more of a fud than an actual event. Price fluctuates too much not because of actual manipulation, but because people expects and are afraid of that manipulation.

Branko

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So, after all, nothing happened? Or market just slow reacting?

yhoga45

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Quote from: AdamRay on January 26, 2018, 09:29:09 AM

Quote from: yhoga45 on January 26, 2018, 06:28:05 AM

My opinion is BTC will increase after that, because BTC use blockchain technology which is "I think" blockchain technology is future for us. So cryptocurrency will be "important" for our life in the future. From the other side cryptocurrency is virtual? and I think modern era a lot of thing become virtual. Hopefully my opinion is right.

I still keep my coin even though it is getting very deep discount. I believe in my investment because it is the coin that I have researched very carefully before I decided to invest. The market will recover when big investors return to the market, good coin values are very low, that is the opportunity for investors.

Hopefully that's damn true Grin

. I'm agree with you if the market will recover when big investors return to the market. And I think now is best time for invest because the market is going to be normal again (once again just my speculation). Just think if yesterday is a big discount Roll Eyes

muhdatha

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Quote from: bigcash2011 on January 26, 2018, 03:45:07 PM

I read some analysts that said that after 26 new money will be poured into btc and crypto market starting the next uptrend and bringing an end to the current correction, well im not able to see big reversal signs at the moment, may be in coming days it will happen, lets see.

All of us are waiting, but although when futures started in december many analists told that bitcoin will be with low volatility than before.
Cause futures could hedge Big Money from insane Bitcoins volatility.
For example on CBOE and CME trading will stop if price increase or reduce more than 5%.
That's special insuranse for markets panic sale / buy.

bigcash2011

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I read some analysts that said that after 26 new money will be poured into btc and crypto market starting the next uptrend and bringing an end to the current correction, well im not able to see big reversal signs at the moment, may be in coming days it will happen, lets see.

muhdatha

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Quote from: Thug on January 26, 2018, 08:42:41 AM

you really think that futures affect the price btc? Huh

?

Why no? It could be.
Futures give best chance to 'BigMoney' use all of Bitcoins volatility for great profit with low risk. That's not mandatory to buy 'live' Bitcoin for trading. That's just markets derivatives.
It's unbelievable but worldwide derivatives market even bigger that real money (like Dollars, Euro and ALL of other currencies).

Do you remember what's happened in 2008? Yes that was the BIG GAME of derivatives etc

topesis

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Quote from: ?? on ??

Settlement date for the futures is 31 january. Put your bets back in game. No FUD today, except the one created by mistake here. So, again. Today is the expire date for futures agreements. Only on 31st you will see if the theory is correct.

Thanks, I was told it will be today. I do need to educate myself about all these financial products more, I don't even understand fully how these futures contract works, so we need to wait till January 31, to see the result

Honglee

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Start my crypto for better world

just HODL!
https://www.youtube.com/watch?v=O6lMmw6ZdvY

lucky_girl

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Do you think we'll see another dump of BTC during day?

AdamRay

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Quote from: yhoga45 on January 26, 2018, 06:28:05 AM

My opinion is BTC will increase after that, because BTC use blockchain technology which is "I think" blockchain technology is future for us. So cryptocurrency will be "important" for our life in the future. From the other side cryptocurrency is virtual? and I think modern era a lot of thing become virtual. Hopefully my opinion is right.

I still keep my coin even though it is getting very deep discount. I believe in my investment because it is the coin that I have researched very carefully before I decided to invest. The market will recover when big investors return to the market, good coin values are very low, that is the opportunity for investors.

swissgang

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I have some usdt and no plan of selling my coins right now, I apply the strategy of hodl if decrease buy more, but you need usd/t for sure

yhoga45

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Quote from: foggywhite007 on January 26, 2018, 08:32:58 AM

Quote from: ccarew on January 22, 2018, 03:07:04 PM

So we all know what happened with the CBOE futures.. a few days of dumping until the expirey on the 17th then a somewhat decent recovery. Fair enough there were other factors (South korea and China FUD) but the pattern clearly shows it going down until the 17th when it miraculously started increasing again.

We currently have 4 more days until the expirey of the CME futures (26/01/18)..It is thought that most people shorted, therefore we will see a similar pattern, with BTC potentially dropping further (around 8500) bringing down altcoins with it.

I HODL last time, and although it did recover it was not 100%, and I feel like this time I should move to tether or fiat and ride it out until it starts to recover again on the 26th

What are peoples plans?, am I missing something? (other than the India FUD)... is this going to constantly happen with futures contracts?

thanks

Everyone was waiting for a repeat of 17 January and as a result, today nothing happened. It was all too obvious.

I think the month will be down after the Chinese new year should go ahead. I think lightning network will impact very positively on the price of bitcoin. 26 thousand target for March

So your speculation is lighting network will make BTC price goes up? and March 2018 the price is $26k?

Thug

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you really think that futures affect the price btc? Huh

?

foggywhite007

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Quote from: ccarew on January 22, 2018, 03:07:04 PM

So we all know what happened with the CBOE futures.. a few days of dumping until the expirey on the 17th then a somewhat decent recovery. Fair enough there were other factors (South korea and China FUD) but the pattern clearly shows it going down until the 17th when it miraculously started increasing again.

We currently have 4 more days until the expirey of the CME futures (26/01/18)..It is thought that most people shorted, therefore we will see a similar pattern, with BTC potentially dropping further (around 8500) bringing down altcoins with it.

I HODL last time, and although it did recover it was not 100%, and I feel like this time I should move to tether or fiat and ride it out until it starts to recover again on the 26th

What are peoples plans?, am I missing something? (other than the India FUD)... is this going to constantly happen with futures contracts?

thanks

Everyone was waiting for a repeat of 17 January and as a result, today nothing happened. It was all too obvious.

I think the month will be down after the Chinese new year should go ahead. I think lightning network will impact very positively on the price of bitcoin. 26 thousand target for March

Maveth13

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Quote from: BigBoy89 on January 26, 2018, 06:34:08 AM

Quote from: ccarew on January 22, 2018, 03:07:04 PM

So we all know what happened with the CBOE futures.. a few days of dumping until the expirey on the 17th then a somewhat decent recovery. Fair enough there were other factors (South korea and China FUD) but the pattern clearly shows it going down until the 17th when it miraculously started increasing again.

We currently have 4 more days until the expirey of the CME futures (26/01/18)..It is thought that most people shorted, therefore we will see a similar pattern, with BTC potentially dropping further (around 8500) bringing down altcoins with it.

I HODL last time, and although it did recover it was not 100%, and I feel like this time I should move to tether or fiat and ride it out until it starts to recover again on the 26th

What are peoples plans?, am I missing something? (other than the India FUD)... is this going to constantly happen with futures contracts?

thanks

I don't think there is correlation between futures and bitcoin price... yet. Just fiat bitcoin futures volume is too small to make some tangible impact on current bitcoin price. But it will with volume increments.

I thought that it didn't as well. But when CME launched their futures contracts last December, that's when bitcoin surges up to 50%, just hours after the launch. Though the whole bitcoin futures concept still bothers me, it's the stupidest way to own bitcoins.

slaman29

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Quote from: Skunker on January 26, 2018, 05:24:30 AM

and today you will get answer whats best. i step out in usdt now waiting at least on 8k:)

Hope you didn't step out completely, because you'll be lucky to trigger any buy orders on 9k, much less 8k. Unless you're willing to wait a few months. But that's just my speculation, no more scientific than yours;)

Tether is the only way to do this, I guess, and I still haven't overcome initial misgivings about Tether to start storing anything in that "crypto". I'm wondering why BTC hasn't swung either way yet, I'm sure US markets are just arriving on the new day now.

Kingofbitcoin12345

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I’ve been speculating since I’ve been part of this forum and community but never ever really pointed out the right approach and if this really matters because holding it and trusting bitcoin is the only and best solution any investors have.. Enough of this,, “it will happen” or “bitcoin back” crypto doesn’t gonna change by this then all we need is to wait and win the price after..

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