i think it won't affect too much.
maybe it can affect some worrywarts to follow the futures, but for investors, i don't think so
Topic: Pump or dump after the Bitcoin futures contracts (Read 864 times)
In a couple of days Bitcoin futures contracts which will be launch on Nasdaq, the Chicago Mercantile Exchange Group(CME) and others. Bitcoiner believe this will make bitcoin hit the mainstream of payment while something think it cause dump in price of bitcoin just like when gold was added by the stock exchange.
The question is, what's your own point of view?
It's better to just get Bitcoin from a regular exchange. Investing in contracts or futures will not benefit Bitcoin.The question is, what's your own point of view?
Trading futures, this is just a way of not withdrawing money from the stock exchange financial system as it affects the cost of bitcoin.
Exchange brokers will not inject real money into the bitcoin market.
I think there will be a situation of opposition between the stock exchange brokers and crypto traders. The cost of real bitcoin will be different from that of futures.
Exchange brokers will not inject real money into the bitcoin market.
I think there will be a situation of opposition between the stock exchange brokers and crypto traders. The cost of real bitcoin will be different from that of futures.
Bitcoin will fast down on January 1st 2019.
Wow, that is a statement. is it from your chrystal ball?
I hope for a dump, because I'm in alts now, mainly ETH. Will gladly sell most in favor of bitcoin. Dump it baby!!
Japanese Bank Tokyo Financial Exchange Inc. will although list a Bitcoin Future as quickly as possible
In a couple of days Bitcoin futures contracts which will be launch on Nasdaq, the Chicago Mercantile Exchange Group(CME) and others. Bitcoiner believe this will make bitcoin hit the mainstream of payment while something think it cause dump in price of bitcoin just like when gold was added by the stock exchange.
The question is, what's your own point of view?
I think it will continue to pump because of the statistics show a very good perception for me and i think it will get longer for the next year. Christmas is coming so i hope it will not dump soon. The question is, what's your own point of view?
I think the price will fall but that's because a dip is incoming after this huge rise. Also probably a lot of the rise is hype about futures. Since futures are cash settled and have nothing to do with buying/selling bitcoin there won't actually be a direct impact so that will probably kill the hype. No doubt the price will head back up in the coming weeks, but a correction is definitely coming in the next few days after this insane week!
In a couple of days Bitcoin futures contracts which will be launch on Nasdaq, the Chicago Mercantile Exchange Group(CME) and others. Bitcoiner believe this will make bitcoin hit the mainstream of payment while something think it cause dump in price of bitcoin just like when gold was added by the stock exchange.
The question is, what's your own point of view?
The question is, what's your own point of view?
Comparing it to the introduction of gold isn't the best because it wasn't as easy to trade gold without it. You had to literally bring your gold to the point of exchange to have it sold. Adding it to a stock exchange has allowed people to trade it much easier and faster. Bitcoin trading can be done from home just like it has always been. What is stopping those wealthy investors from dumping it all on one of the exchanges? Why would they wait for the CME?
What's going to happen is they will use the current hype to make short term profit and once the dust settles we'll start to go up again, but I wouldn't expect this correction to happen immediately after the launch.
My thoughts exactly. Why would people want to trade futures when they could just do it from home, theoretically.
We do not know what will happen next. But I think the price of Bitcoins will fall. When the Bitcoins Future Hard fork is over. Since I know the claims of those who invest in the Bitcoin future are the token they will receive when they hold BTC. So let's get ready for this event because the Market is definitely bleeding when hardfork ends.
I see this as a positive side in terms of improvement and development more of bitcoin in terms of not just its price but also the available service it can give to its clients.
In a couple of days Bitcoin futures contracts which will be launch on Nasdaq, the Chicago Mercantile Exchange Group(CME) and others.
as far as i know CME is this month. NASDAQ is next year in the first half. and i don't know about any "others"!
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The question is, what's your own point of view?
i think price will fall after the CME market starts but only because it has been rising with an extraordinary speed. and it would be time for a decent drop and a correction. it is only a logical thing to happen after a rise of this magnitude.
but it won't have anything in particular with the market itself! and it certainly won't be a "dump" per se. maybe a panic sell is a better way to explain it.
In a couple of days Bitcoin futures contracts which will be launch on Nasdaq, the Chicago Mercantile Exchange Group(CME) and others. Bitcoiner believe this will make bitcoin hit the mainstream of payment while something think it cause dump in price of bitcoin just like when gold was added by the stock exchange.
The question is, what's your own point of view?
The question is, what's your own point of view?
I’ve heard predictions for both of those scenarios recently which suggests that no one knows. We could have people shorting Bitcoin so the price could drop. Or we could have a bunch of buyers that drive the price up to $50,000.
I can’t predict so I will trade a small amount of Bitcoin for a good altcoin but leave the rest in Bitcoin and just ride it out. If there is a drop, I think it will recover sometime in 2018.
Hedge funds sometimes trade pretty aggressively and don't have the same responsibilities that, say, a pension fund has when dealing with their customers' money, so it's perfectly possible that they would decide to short BTC after the introduction of futures contracts.
However, it's also possible that if the euphoria of current speculators continues, they will invest in BTC beyond their means, thus increasing the price extremely dramatically.
Either way, it'll most likely increase volatility.
However, it's also possible that if the euphoria of current speculators continues, they will invest in BTC beyond their means, thus increasing the price extremely dramatically.
Either way, it'll most likely increase volatility.
My believe either is that the contract will increase the level of bitcoin volatility which is what we're already experiencing after the official announcement of the contract but the Commodity Futures Trading Commission don't believe bitcoin worth the futures contract.
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Hedge funds sometimes trade pretty aggressively and don't have the same responsibilities that, say, a pension fund has when dealing with their customers' money, so it's perfectly possible that they would decide to short BTC after the introduction of futures contracts.
However, it's also possible that if the euphoria of current speculators continues, they will invest in BTC beyond their means, thus increasing the price extremely dramatically.
Either way, it'll most likely increase volatility.
However, it's also possible that if the euphoria of current speculators continues, they will invest in BTC beyond their means, thus increasing the price extremely dramatically.
Either way, it'll most likely increase volatility.
My believe either is that the contract will increase the level of bitcoin volatility which is what we're already experiencing after the official announcement of the contract but the Commodity Futures Trading Commission don't believe bitcoin worth the futures contract.
In a couple of days Bitcoin futures contracts which will be launch on Nasdaq, the Chicago Mercantile Exchange Group(CME) and others. Bitcoiner believe this will make bitcoin hit the mainstream of payment while something think it cause dump in price of bitcoin just like when gold was added by the stock exchange.
The question is, what's your own point of view?
The question is, what's your own point of view?
Comparing it to the introduction of gold isn't the best because it wasn't as easy to trade gold without it. You had to literally bring your gold to the point of exchange to have it sold. Adding it to a stock exchange has allowed people to trade it much easier and faster. Bitcoin trading can be done from home just like it has always been. What is stopping those wealthy investors from dumping it all on one of the exchanges? Why would they wait for the CME?
What's going to happen is they will use the current hype to make short term profit and once the dust settles we'll start to go up again, but I wouldn't expect this correction to happen immediately after the launch.
Which one is going to be the first one? the CME or the Nasdaq?
There were a lot of speculations saying that the NasDaq was going to launch their own bitcoin futures during this sunday (it is not confirmed yet) Or maybe i am wrong and i am just talking about another.
I dont know, it is plenty of those institutions who wanna start launching their own futures about btc.
I dont think that it will hit bitcoin, i really believe in that the price will go up just because of the hype that bitcoin will have during the next days.
There were a lot of speculations saying that the NasDaq was going to launch their own bitcoin futures during this sunday (it is not confirmed yet) Or maybe i am wrong and i am just talking about another.
I dont know, it is plenty of those institutions who wanna start launching their own futures about btc.
In a couple of days Bitcoin futures contracts which will be launch on Nasdaq, the Chicago Mercantile Exchange Group(CME).
I dont think that it will hit bitcoin, i really believe in that the price will go up just because of the hype that bitcoin will have during the next days.
Never sell bitcoin. I thought people would have learned this lesson by now.
When bitcoin was dumping real hard a week ago, I read this post by a smart-ass investor who claimed to have sold $100k in bitcoin and was planning to buy back in $25k lots at $7800, $6000, $5000 and $4000 or something like that. It never dropped to those levels and so here we are touching $13k about a week later.
Stupid investors are coming to the crypto economy thinking that the crypto economy is some get-rich scheme for getting more US$. They don't understand. Bitcoin is pumping not because of speculation. It's pumping because people are abandoning fiat and recognizing fiat is becoming obsolete and has the same value as sand. It's the US$ that has no value. People reluctantly sell some crypto just to pay taxes or bills, but other than that the money stays in the crypto economy.
Don't be a foolish crypto-tourist.
When bitcoin was dumping real hard a week ago, I read this post by a smart-ass investor who claimed to have sold $100k in bitcoin and was planning to buy back in $25k lots at $7800, $6000, $5000 and $4000 or something like that. It never dropped to those levels and so here we are touching $13k about a week later.
Stupid investors are coming to the crypto economy thinking that the crypto economy is some get-rich scheme for getting more US$. They don't understand. Bitcoin is pumping not because of speculation. It's pumping because people are abandoning fiat and recognizing fiat is becoming obsolete and has the same value as sand. It's the US$ that has no value. People reluctantly sell some crypto just to pay taxes or bills, but other than that the money stays in the crypto economy.
Don't be a foolish crypto-tourist.
Hedge funds sometimes trade pretty aggressively and don't have the same responsibilities that, say, a pension fund has when dealing with their customers' money, so it's perfectly possible that they would decide to short BTC after the introduction of futures contracts.
However, it's also possible that if the euphoria of current speculators continues, they will invest in BTC beyond their means, thus increasing the price extremely dramatically.
Either way, it'll most likely increase volatility.
However, it's also possible that if the euphoria of current speculators continues, they will invest in BTC beyond their means, thus increasing the price extremely dramatically.
Either way, it'll most likely increase volatility.
short term it might create some volatility. Not expecting a crash but not expecting a pump either. Probably just swinging around a bit. Mid-term and long-term this is very bullish because it means Wall St is gonna start getting into actual Bitcoin soon, not just in cash settled futures.
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