Topic: info about btc futures (Read 408 times)

All whales are what impact this market, they can cause the market to go down and also become the pump that makes the market go up. Waiting for the pumps to work and profit us. Always remember to go against all trends.

indeed bitcoin is currently dropping very far from the highest price, but bitcoin prices are still expensive if I think, yes, this is our chance to be able to buy lots of bitcoins to store, and we will be eagerly waiting for bitcoin to be up again.

Nobody knows the BTC's future. But everybody has something good like this. BTC's future is difficult to predict. It depends on everyone around the world. But you can go here to know...
https://cointelegraph.com/tags/bitcoin
https://cointelegraph.com/bitcoin-price-index

you almost said yourself that the crypto currency is very unpredictable and Bitcoin fluctuates in different directions. But you do not need to wait for high prices, but because already due to price fluctuations, you can make good money.

Bitcoin prices have been volatile in recent days, although they have begun to rebound after reaching $ 6,000. Bitcoins are still in steady range over the past few days and are closing at $ 9800. . I think that with the current barriers, from bad news to bitcoin continuously, the price of electronic money will be very difficult to develop as in 2018.

No one will ever know about the exact amount of bitcoin in the future. We only guess the value of this crypto currency but even though we are not sure the exact amount it will grow still we are aware that bitcoin will be still leading crypto currency in the crypto market and will give us great income.

We can see the price of bitcoin is recovering strongly in the days after reaching $ 6000. I think this is a very old sign that the market is showing signs of recovery after bitcoin slumps. I believe that bitcoin will grow strongly in 2018 and break the 20000 mark by mid-2018, so trust and buy bitcoin right now.

to date I see no exact research on bitcoin price futures, with current prices moving pretty slowly and one of the things we need to do is stay patient to continue monitoring a bitcoin price movement. but although bitcoin price movements look very slow for now I remain optimistic that bitcoin is doing a fairly periodic step up to the highest value point.

I think that the distant future is really hard to tell, because we can see bitcoin prices are fluctuating a lot last month, bitcoin prices have dropped to the $ 6000 level and now have recovered. to the $ 9900 mark. At present, bitcoin is still on the rise. I think in the coming days bitcoin prices will be able to surpass $ 12,000.

The bitcoin futures trading volume and prices can be found on CBOE website with contract expiration dates.

http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures

At present bitcoin prices are still down but still profitable because the price is still higher than its price when it is still starting. The way in which people are concerned about bitcoin is a clear prediction that the market will increase and will rise in the next few days, thus bringing the market value up. In 2018 I think the price will reach 40 thousand dollars.

I only know one thing regarding the future of the bitcoin and that this it holds a very bright future in all the ways and the ones who are there in this business will be the ones having a huge amount of money in the near future. The way people are showing their interest towards bitcoin is a clear prediction of this thing that the market is going to increase and will rise high in next couple of days, thus making the market value high.

What I cannot understand is how futures like CBOE and CME can affect a market if they never touch it. In fact, from what you say, I understand these are just like putting bets on whatever will happen in the world, concerning things you are totally unrelated with.

The price of btc  is still decreasing but it is still profitable because its price is still high than its price when it still starting.
This big drop is only a part of getting more profit and after this big drop big rise will comeback, so we better take this a chance to buy more btc or earn more btc. Be patient and trust btc, because our profit is on its way.

If we look the past record of the bitcoin in detail, then we’ll notice this thing that the record of the bitcoin has become even better than its yesterday’s record. However, there were certain situations when the market value of bitcoin was not that much good but even then, the number of investors who were investing their money into bitcoin kept on increasing and the similar kind of trend will be followed in the future as well, thus making the market value of bitcoin even higher.

Actually at this moment I think the future of bitcoin is really hard to guess. We can see in the past few weeks the price of bitcoin has been steadily declining and has hit the $ 6000 mark. This shows that this market is a lot of risk and we do not know what to expect. The residual bitcoin will depend heavily on the community of investors and on the acceptance of countries.

You can research about bitcoin, know a lot about it will help you to know if what can be the future of bitcoin, actually all of us not totally know what can be the future of it, some of this are just speculations and there is nothing sure.

hello S.Alam, we are not talking about the future understood as the time is yet to come, but we are talking about this -->https://en.wikipedia.org/wiki/Futures_contract

Well, the BTC price could be influenced by those futures but the price of the futures price is settled in fiat which make the general idea look more like a gambling for traditional investors where they are betting on the BTC price. The only influence frome those things is an "expert view" of traditional investors.
If there was a real chance to buy BTC via those futures then I suppose that it could have some influense because  a big part of investors would prefer to fix their income after the expiration of the contract. It doesn't look like a breaking moment for the market but anyway.
Yes, thats how it happens on usual exchanges but richardsNY compared btc futures on CBOE with crypto exchanges which is a bit wrong. Futures trading is not the same as the normal trading. Everything that happens on CBOE may only influence the other exchanges as a call to buy or sell.
P.S. Sorry for the late respond.

Nobody can tell the future, just guess. Based on this hypothesis, people save money, dream about invest in for the future.

Can not we say that the future of BTC in not good or bad? Because the different countries of the world are now investing in BTC. Demand for crypto currency increases.

well, but if the price of one exchanges start to fall, the price of the other exchanges will follow, isn't it?

Hello everyone! I can not guess what the future of bitcoin is. I hope you have some advice or send a message to me find out. thanks.

Nothing happens to Bitcoin's price since the future markets just tie their products to the rate of a certain exchange. Everything that happens on CBOE for example, will not reflect on our traditional Bitcoin exchanges. It's vice versa -- everything that happens on the Bitcoin exchanges the future markets are tethering their rates from, will reflect on there. In other words, it's one way traffic.

@cryptocrusher  and @Beerwizzard  thanks again for your help!

I'm wondering, if some choose to not buy btc at the price that was decided before, btc price will not be influenced in any way...correct?

It would simply mean there is an option in the contract, he pays for the privilege of having such an option and then has the choice to either take it or leave it when the contract date is reached, either way that 1k has been spent and he will not receive it back. Some contracts will have this option and some will not.

According to the information I now know that Tether coin is experiencing extremely bad news from the US government, leading to the current bitcoin prices are falling extremely strong. From yesterday until the time the price of a bitcoin fell by nearly 10% to $ 10,000 per bitcoin. I think this is the right time for you to follow and buy bitcoin.

Because thats how it works He already payed just for signing the contract and he have a right not to buy BTC while the seller don't have a right to refuse (he is either getting a profit from just selling a contract or taking loses if the price in the end of the month is above the predetermined price / the buyer is either taking loses from buying an unneeded contract or taking profin from buying BTC below the market price). In another words John is buying Andy's obligation to sell an asset after determined amount of time. After he already bought this obligation John is deciding if it is gona be used or not (btw he can also resell the futures).
And once again. It is a general concept, every exchange and asset have its own specific.

First of all, i'm sorry to reply in so much late

Anyways, amazing post! 1 merit for you.
I don't understand one thing, on point 1).
At the end of the month John can avoid to pay 15k to andy for buy his btc? How is it possible?

This is how I understand it.
So as we know futures contract is a contract for buying an asset (BTC in our case) for predetermined price. The buyer is buying a contract for buying BTC at a price of 15k in one month (he already payed for it right now) and a seller is selling this contract (at this particular moment they are trading the agreement). Buyer can resell this contract or just drop it if the price will be much lower. In this case the seller will get a profit from selling the contract. But the seller can't refuse to sell the asset on the aggreed price. That may sound rough so I'll try to bring an example.
John and Andy are making a futures contract. John pays Andy 1k USD for the right to buy his BTC a month later for the price of 15k USD. So here are 2 possible endings:
1. In the end of the month Bitcoin worth 14k USD. This price is unaccaptable for John and he is giving up. He is disappointed because he lost 1k on buying this contract.
2. In the end of the month Bitcoin worth 20k USD. Andy have to sell BTC for 15k instead of the market price. John is happy because he made 4k on that deal.
This explanation is still pretty rough and it doesn't count many other circumstanses (or I'm simply mistaking something) and everything may vary depending on the asset, exchange etc. But this is how the general futures contracts should work.

There will always be that influence on price because this platform is  a kind of a predictive way in pricing Bitcoin. Though i would say that for now the influence is not that enormous because the volume of business is not yet massive. I am sure we might connect the coming in of the futures with the stationary nature of Bitcoin right now but this is just actually one of the many factors affecting the present state of Bitcoin. The one I am looking at is the overall sentiment affecting the whole market...there seems to be that gloomy feel.

well, maybe we are right! price right now is not moving up so fast like other people have said after the expires of the futures.

Anyways, i'm looking at the current price of the furures here --> http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures

what does Last price mean? That someone have to buy or sell btc in 1 month at that price?

Does this mean you forget the rest of the Bitcoin users? Person A and B is just some of the other users which is they can't influence that much in the fluctuation of the price. It has so many factors why the fluctuation was so unstable because a lot of users are buying and selling, then the price correction, and the forks these are just some of the factors that can cause the volatility of Bitcoin to be unstable.

You're exactly right, and this is where I'm then skeptical as to if there's any real influence on the price. For every person who may want to manipulate the price downwards, someone should want to manipulate it upwards. Therefore I think the overall influence on price is negligible.

i don't understand how does it works futures on BitMex. For example, i agrees to buy BTC at say $15k  in one months time. Someone have to pay me in btc in which way? for example if the price is higher than 15k i will receive less than 1btc?

well, now is more clear.
i have an other question: future is a contract between two parts, isn't it?

so, in person A agrees to buy BTC at say $15k in one months time, person B agree to sell BTC at $15k in one months time.

Person A want that the price in one months will be higher thatn 15k, person B the opposite.

If the number of person A and B is the same, why the price move so much?

It depends on which futures you mean. The CBOE and CME futures are cash settled in dollars, so don't really affect the underlying market at all (though some people have persuaded themselves that it does).

The futures on BitMex are real in that you have to deliver bitcoins if you short the market -they do affect the underlying market, because people need to trade in the underlying market to settle their BitMex futures.

I think the logic is quite simply this, person A agrees to buy BTC at say $15k in one months time, if the price is higher than 15k he profits, if it's lower he loses out. Either way he will want try to manipulate the price upwards. Similarly someone agreeing to sell at a price in the future will want to manipulate the price downwards. I think then the assumption (this is where I disagree and so believe there's little effect) is that there will be more whales who sold futures and so are wanting to push the price down in advance of their future expiring. Once it expires they'll no longer have a need to manipulate the market and the downward pressure is removed.

I believe the whales are done with shorting Bitcoin. Now lets wait for the massive pump. Bear Whales and Bull Whales are competing with each other. Soon bulls will prevail.

thanks for you answers.
Can you tell me how much is the volume of future's trading? And where can i find info about currenct price?

Thanks again

Many write that before the closing of futures the price of bitcoin falls. But I do not believe that these events can be linked for the reason that the volume of trading in futures is so small that it can not affect the price of bitcoin in any way.

Hi everyone,
i've read a lot about the influence that btc's futures can have on btc's price.
Can someone be so kind to help me to understand how? Maybe with a numeric example?

Thank you in advance!