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Topic: Cme Futures Opened On Dec. 17th Ever Since Then We've Been In A Bear Market (Read 164 times)

newbie
Activity: 168
Merit: 0
When theres more sellers than buyers the market dips, when there are more buyers than sellers the market rises. The futures have nothing to do with it they are just capitalizing on the market volatility. Everyone that is trying to figure out why the market dips or why the market rises is pretty much just spreading FUD or FOMO, it's that simple we don't need too complicate it.
sr. member
Activity: 644
Merit: 263
It might be just a unique coincidence though, assuming that CME timed the market wrong, right before everything came tumbling down. IMO I think they expected that the market would still perform great even after the insane run to $19k. If you look at the market at that point, the buy orders are too thin and the sell orders are all lined up from $19k. Also, don't forget that the Gox trustee also started his selling spree in November, so surely he also did the same in December which contributed to the crash as well.

Me too think the same! Its merely a coincidence that Futures entered into the market and the whole market turned upside down. Read so much about the same in the forum itself and kinda feels like FUD to me created by people who thinks that this is not the coincidence but the "Government led operation" which is built to make the disaster in the crypto world. But I am pretty sure that its not and they are completely wrong about it.

I am actually laughing that Futures company might be in complete loss after they got entered into the market. Who knows how much money they might have poured into it in the first place and with huge expectations they might just have lost a lot in the process.
legendary
Activity: 1946
Merit: 1137
CME futures were effective for the fall that we have been seeing so far but it is not the reason for the fall. at best it only caused 5% of the total drop nothing more.

you seem to have forgotten that price can not rise forever and whenever there is a huge unrealistic rise (the rise to $20k) it becomes a bubble so fast which needs to burst. unfortunately the bubble bursts in bitcoin always become too dramatic and become so much bigger than they should be. in this case the correction continued for a lot longer and price went a lot lower than it should have gone.
newbie
Activity: 210
Merit: 0
I don’t think the CME future has anything to do with the price fall. I don’t find any logic, I am afraid. Besides, a single factor cannot impact too much on the market. We all know about some factors affecting the price. I believe, we are gonna recover pretty soon.
sr. member
Activity: 2618
Merit: 439
So I've been researching and reading in some groups on the internet and I was looking at the BTC charts, it seems a little to convenient that once the btc CME futures market opened on dec. 17th BTC has been falling and falling hard with no end in sight. Does anyone have an idea why this happened and how these people seemed to have caused the price of BTC and the whole crypto market to crash like this?
Well from my observation, before all this institutional investors came in, bitcoin was already reaching its peak, and them entering the picture somewhat push the boundaries even higher that if you are a wise investors you will not that sooner or later it will break up and you need to get out of the market.

But newbie traders doesn't care and they still poured their cash, unfortunately the market crash and then news of heavy regulations came in. So maybe that may have contributed to the fall but there are other issues that we need to look at like regulations, FUD and of course the Mt. Gox trustee offloading starting on that time frame.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
It might be just a unique coincidence though, assuming that CME timed the market wrong, right before everything came tumbling down. IMO I think they expected that the market would still perform great even after the insane run to $19k. If you look at the market at that point, the buy orders are too thin and the sell orders are all lined up from $19k. Also, don't forget that the Gox trustee also started his selling spree in November, so surely he also did the same in December which contributed to the crash as well.
legendary
Activity: 4466
Merit: 3391
Lots of things happened around that time. Any or all of them could have been a possible contributor. Without any more evidence than the fact that the dates are close, you cannot conclude anything more than that it was just a coincidence.
full member
Activity: 350
Merit: 100
it is impossible to remove the eyes from attention to Central banks. there are very smart people sitting there and they know in advance what needs to happen to make them rich and ordinary people impoverished.
sr. member
Activity: 574
Merit: 250
In my opinion, the introduction of derivatives contracts on the btc plays the game of the great international specialists, which can thus cause downward pressure to resell profitably.
jr. member
Activity: 56
Merit: 7
So I've been researching and reading in some groups on the internet and I was looking at the BTC charts, it seems a little to convenient that once the btc CME futures market opened on dec. 17th BTC has been falling and falling hard with no end in sight. Does anyone have an idea why this happened and how these people seemed to have caused the price of BTC and the whole crypto market to crash like this?
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