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Topic: Is this the most uncertain time for Bitcoin price during Bitcoin Futures trading - page 2. (Read 351 times)

member
Activity: 126
Merit: 10
fiats only exist because they can tax people. Bitcoin doesn't have this disadvantage. So this is a huge advantage.
member
Activity: 112
Merit: 12
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?


WHO is the question, not How Much.

WHO CME? It is GOLDMAN-SACHS, the same ppl who set the price of Gold by way of controlling the CME price,

WHY? Because they DON'T want BTC to go ASTRO in their INTEREST of protecting the US-DOLLAR they will keep BTC down for the same reason they keep GOLD DOWN. Because THEY GS-ZOG Own the Federal Reserve Bank, and they don't want competition.

...



In this methodology document, both the Administrator and Calculation Agent of the BRR are exclusively listed as "Crypto Facilities Ltd", based at an address in the City of London:

    Contact Details: Crypto Facilities Ltd 4th Floor 25 Copthall Avenue London EC2R 7BP

     

    Web: https://www.cryptofacilities.com Phone: +44 20 7655 6085 Email: [email protected]

So who or what is “Crypto facilities Ltd”?  Looking at the UK Companies registration web site (Companies House), reveals that 'Crypto Facilities Ltd' was incorporated on 12 August 2014 as a private limited company in the UK.

According to Companies House, 'Crypto Facilities Ltd' only has one director, a certain Timo Schlaefer.

Who is this Timo Schlaefer? According to LinkedIn, Timo Schlaefer was with the Vampire Squid Goldman Sachs between 2011 to 2015. Strangely though, the header of Schlaefer's LinkedIn profile still says “Goldman Sachs”.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Thanks for opening this thread. Bitcoin futures is the thing which many are confusing about. The futures has not opened yet and will be opening next week on December 18. Many think that the opening of futures market will drop the price of Bitcoin down but this is not how it actually works.
People are to place bids against the price of Bitcoin whether BTC will rise or drop in price. There is a rumor going around in the market that people will be betting against the Bitcoin's drop in price and hence it will go down but then that depends on the investors whether they will be buying BTC or selling it. So the price might go up as well. This hype about BTC futures has created a negative impact on BTC's price.
newbie
Activity: 16
Merit: 1
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?
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