Is this the most uncertain time for Bitcoin price during Bitcoin Futures trading

b3llsf1l3s

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Quote from: jvdp on December 17, 2017, 10:17:07 PM

Quote from: MoneyCryptor on December 10, 2017, 03:27:15 AM

There seems to be a contrasting views among industry experts and nobody knows for sure whether Bitcoin futures would spell disaster and send the prices tumbling down or skyrocket it to a new all time high.

What are your views on it?

Industry experts are know about Bitcoin. In our world everything is politics so you don't trust me some other point of view. I think Bitcoin is one of the potential decentralised cryptocurrency. So it doesn't fail future.
But it will fall or fluctuation whatever happens. Because we don't predict the Bitcoin. In currently it will raise continuously so I like it very much. But in future will raise slowly not suddenly increasing 2k US dollar in market.

I think failure is still gonna be happen eve for a something that make us need to stay connected for internet. and this is the only crucial thing.
for this moment, we must to keep stay online for bitcoin that we need.
just imagine, what will happen if internet got shutdown.

all disaster that created by us (politics, issue, news, FUD) i think it all can be handled by bitcoin.

Cherrybomb

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for bitcoin. I do not realistically see how future trading for bitcoin could actually hurt the price unless they pump up the transaction fees so high for so long that it drowns out everyone .

NABILA AKTER SHILA

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Many industry experts have already concluded that every transaction of Bitcoin is a threat to the Bitcoin user. They are trying to find out what the blockchain technology is.
Even their purpose and right. But there is nothing wrong with understanding their purpose.

jvdp

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Quote from: MoneyCryptor on December 10, 2017, 03:27:15 AM

There seems to be a contrasting views among industry experts and nobody knows for sure whether Bitcoin futures would spell disaster and send the prices tumbling down or skyrocket it to a new all time high.

What are your views on it?

Industry experts are know about Bitcoin. In our world everything is politics so you don't trust me some other point of view. I think Bitcoin is one of the potential decentralised cryptocurrency. So it doesn't fail future.
But it will fall or fluctuation whatever happens. Because we don't predict the Bitcoin. In currently it will raise continuously so I like it very much. But in future will raise slowly not suddenly increasing 2k US dollar in market.

pinkflower

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Quote from: MoneyCryptor on December 10, 2017, 03:27:15 AM

There seems to be a contrasting views among industry experts and nobody knows for sure whether Bitcoin futures would spell disaster and send the prices tumbling down or skyrocket it to a new all time high.

What are your views on it?

Yeah, industry "experts". But they're really not experts. Most of them dont even know how BTC works under the hood. The people who do, dont care about the price or any of the outside factors that affect the price. Their focus is on the technology and how to make it better.

Having that said, if the technology is useful enough for a great no. of people, then BTC's price will take care of itself. Everything else is noise.

maydna

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Quote from: MoneyCryptor on December 10, 2017, 03:27:15 AM

There seems to be a contrasting views among industry experts and nobody knows for sure whether Bitcoin futures would spell disaster and send the prices tumbling down or skyrocket it to a new all time high.

What are your views on it?

nobody knows bitcoin futures but every people still believe bitcoin and they still use bitcoin as new ways to make money. we are in the new era which everything started to a digital and many of people out there don't believe with something they called technology. the price is up and down, we know it, but people still trying to have bitcoin as much as they can. and no matter how much the price, people still buy and sell bitcoin.

industry experts saying that the technology of blockchain is not good because they don't like the system and they don't want every people to manage their own money. so they rejected bitcoin so far but I guess they have learned bitcoin with a secret. maybe they don't know that with bitcoin futures can give something benefits to them and they can join with every bitcoin user.

fulmetal08larz

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Surely it is an uncertain time for bitcoin but it is only temporary and the market needed this. The weak hands will go panic selling and it could drive the price down but certainly, bitcoin have been through this and it's just another Monday for bitcoin. Those who have sold when the price is down will learn from their mistakes upon seeing bitcoin's price rising after the fall.

TravelBlock

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No, Bitcoin's been through much larger handles such as Mt. Gox falling apart, the DNM busts a few years back with DPR, government auctions, countries banning it, entire industries going against it, etc. I think it's a volitale time, but that's normal.

MerrickMaverick

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Quote from: icanscript on December 17, 2017, 08:47:59 PM

Futures, hold back the flow of money from investors to the bitcoin market. It is an indirect tool, launched for a single purpose.
Do not let the money of investors out of their hands.

Agree on that. I think, the price will keep rising, they're too late with the futures for control purposes.

finthebar

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This will be very interesting to watch. The risk is that if big money goes into the futures will it distract from the features of BTC itself? Will the futures price drive BTC or will BTC drive the futures price?

icanscript

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Futures, hold back the flow of money from investors to the bitcoin market. It is an indirect tool, launched for a single purpose.
Do not let the money of investors out of their hands.

Snub

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Quote from: MoneyCryptor on December 10, 2017, 03:27:15 AM

There seems to be a contrasting views among industry experts and nobody knows for sure whether Bitcoin futures would spell disaster and send the prices tumbling down or skyrocket it to a new all time high.

What are your views on it?

features can't really affect somehow on bitcoin.
I mean that features price deppends of BTC, but BTC price doesn't deppends on how many people "sold" features.

bill gator

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Quote from: MoneyCryptor on December 10, 2017, 03:27:15 AM

There seems to be a contrasting views among industry experts and nobody knows for sure whether Bitcoin futures would spell disaster and send the prices tumbling down or skyrocket it to a new all time high.

What are your views on it?

I definitely don't think future trading for bitcoin could be detrimental to the price of it. I could, of course, be monumentally incorrect, but it seems like the only outcomes that future trading should realistically have on the bitcoin market is either increased demand for bitcoin, or stagnation in the demand for bitcoin. I do not realistically see how future trading for bitcoin could actually hurt the price unless they pump up the transaction fees so high for so long that it drowns out everyone except a whale-trader; even that seems unlikely though, because future trading doesn't necessarily directly affect the blockchain or propagate transactions.

Future trading will most likely bring new attention to bitcoin, and anyone that gets their eyes on bitcoin gets drawn in like the rest of us did like a fly to a bright light. I doubt these future traders will see bitcoins consistently skyrocketing price and think to themselves "I don't need any of that.", they will become enthused and they'll want to partake as well, thus increasing the demand while the supply is tighter than ever.

If anyone could explain how it could even potentially lower the price I would appreciate you humoring me..

Yakamoto

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Quote from: MoneyCryptor on December 10, 2017, 03:27:15 AM

There seems to be a contrasting views among industry experts and nobody knows for sure whether Bitcoin futures would spell disaster and send the prices tumbling down or skyrocket it to a new all time high.

What are your views on it?

Futures are a meme for cryptos and they'll probably have a negative impact because altcoins, should futures ever spread to those kinds of tokens, thrive on existing for a short period of time and then moving on to something else completely. Some altcoins, like Ethereum or Bitcoin Cash, can do well with futures since they're relatively established and can exist for the lengths that futures typically encompass.

However, despite that, futures will be the ruin of Bitcoin because everyone is going to buy into the "le infinite profit xD" meme and it's going to fuck everything as people either overbuy and CONSTANT create bubbles or people get scared off when they're not making their money like they were expecting.

MiningSensei

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A lot of people who were saying that the futures were a bad thing for bitcoin, are now saying that it is a good thing for bitcoin because it is increasing. So make your own thoughts based on this.

Quote from: MoneyCryptor on December 10, 2017, 03:27:15 AM

There seems to be a contrasting views among industry experts and nobody knows for sure whether Bitcoin futures would spell disaster and send the prices tumbling down or skyrocket it to a new all time high.

Futures are not a disaster, just go to an exchange, put a long position with a few marging, and once that the CME futures are launched you will have a profit of more than 10% if you setup a stop profit.

Quote from: MoneyCryptor on December 10, 2017, 03:27:15 AM

What are your views on it?

MoneyCryptor

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Quote from: MoneyCryptor on December 10, 2017, 03:27:15 AM

There seems to be a contrasting views among industry experts and nobody knows for sure whether Bitcoin futures would spell disaster and send the prices tumbling down or skyrocket it to a new all time high.

What are your views on it?

CBOE futures trading has propelled the price from around $16000 to nearly $20000. With CME futures launching today will this bull run continue or are we going to see any corrections in the short term? Well .. nobody knows for sure .. only time will tell.

MoneyCryptor

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Two days into Futures trading and Bitcoin price is showing an upward trend.

Though total volumes of contracts being traded on CBOE is very minimal when compared to the normal exchanges. It seems that currently wait and watch approach is followed by traditional investors.

Maybe after the CME trading starts on DEC 18 will bring in massive volumes.

I'm just happy currently to watch my portfolio value go up

amrulshare

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Monday Hit Me Every week

Everything can happen in the future in the presence of Bitcoin, but the development will be more to blockchain technology. Everyone also knows bitcoin has been in the spotlight World governments and in particular in the banking industry, so I can not conclude either earlier or bad.

robx

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There will be 2 Futures in the beginning.

One of them starts today December 10 on CBOE Exchange - Ticker symbol XBT

Next week on Sunday December 18 CME Exchange will start their future - Ticker Symbol BTC

aanbudi

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In my view, many industry experts have concluded that Bitcoin is a threat to every Bitcoin user. And sadly, they Talk without knowing what is Blockchain technology. Although their purpose is good, but talking without understanding their knowledge is something wrong.

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