Topic: CME futures expires on 26th January - page 2. (Read 393 times)
This is what they say beware of what you ask for, before people were asking for these futures contract and now they are wary of their impact on the market, this is what these guys do, they manipulate the market and people need to be very concern if this trend continues
let's just wait and watch this last dip of january 2018 :-) I wouldn't really mind buying btc around 9k usd:-)
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
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.
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.
We might see a bit of a pump today, the general attitude is approving again in media, news, and with some folks' idea that wall street will pump bitcoin because of futures ending (which doesnt make much sense tbh) it all might end up becoming a self fulfilling prophecy.. Well see today.
If you are not trading futures and are planning on hodling long term . . . just hodl.
You are just referring to a FIAT value on a crypto coin or token.
1 bitcoin will always be 1 bitcoin
#
I believe in the resilience of crypto and to its long term survival
You are just referring to a FIAT value on a crypto coin or token.
1 bitcoin will always be 1 bitcoin
#I believe in the resilience of crypto and to its long term survival
and today you will get answer whats best. i step out in usdt now waiting at least on 8k:)
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
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
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