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Topic: The good news just keeps on coming for Bitcoin and cryptos (Read 339 times)

full member
Activity: 392
Merit: 101
hopefully this is not just a mere issue, if all good and support the progress of bitcoin would also make a good income also for these bitcoiner.
hero member
Activity: 714
Merit: 500
More people feel happy on seeing bitcoin's price rise almost crossing $7,500 immediately after CME announced about launching bitcoin contracts.But we must also consider that in bitcoin futures,bitcoins would be sold in contracts and it is cash based.Bitcoins could be delivered at the expiry time of the contract period.This may give a big room for speculators to manipulate the bitcoin price.This was the same thing which happened in Tulip in the seventeenth century.Analyzers say that the same thing could return even in bitcoin.
sr. member
Activity: 784
Merit: 262
AZBI NETWORK - Multichain system
I'm the least surprised because bitcoin is gradually succeeding globally and everyone wants to be a part. Chicago Mercantile Exchange decision to lunch bitcoin futures is laudable and it will create and expand the bitcoin market in Chicago and around the world.
the widespread crypto market,
this will make the bitcoin more known.
and it may be that this can replace the work system with its various advantages,
and the Chicago Mercantile Exchange did a good job so as to introduce bitcoin among the broad.
this is what I hope to advance the digital currency payment system
full member
Activity: 420
Merit: 100
I've noticed that whatever happened bitcoin will always be bitcoin despite of the fake news and some movement of a very greedy person bitcoin can go back to the real world.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
This really isn't going to amount to something, as at a first glance I'm not even too keen on thinking that this article is even true as this is from one of those BS news sites. If something like this was true, and normal people trading on the US stock exchanges would have access to Bitcoin in this nature -- all of the major news companies would be covering it and it would be a major moment for the future of Bitcoin.

Crazily none of that is happening, so this isn't true.

Check your sources OP.
sr. member
Activity: 1190
Merit: 306
I'm the least surprised because bitcoin is gradually succeeding globally and everyone wants to be a part. Chicago Mercantile Exchange decision to lunch bitcoin futures is laudable and it will create and expand the bitcoin market in Chicago and around the world.
There's already a market for bitcoin around the world, in case you hadn't noticed.  I'm not sure
what the CME deal is going to do for crypto.  You hear all of these silver stackers complaining about
the futures market for silver being manipulated by the paper silver traders all the time.  I hope we don't
suddenly get an influx of conspiracy theorists saying that the CME bitcoin futures market is screwing
with the price.  Could happen, right?  When you start making a market in bitcoin where all of the bitcoin
in the world and more is traded daily, bad things can happen.  But as of now, I'm not sure what to
think.  I think it's good that bitcoin is getting more recognition than ever, and I'm pretty sure we're in
a bull market that's going to take a lot to stop.  We've already suffered through countries trying to ban
it, exchanges that have scammed thousands of people, forks, and tons of other events that would have
ruined a weaker asset.

Having blabbed all of that, I'm waiting for a massive correction any day now.

Are you worried that this could end up inflating Bitcoin just like futures did to commodities?
This is what I'm talking about.  Glad someone gets it.  Inflating or crashing the price.
ajp
newbie
Activity: 20
Merit: 0
Are you worried that this could end up inflating Bitcoin just like futures did to commodities?
sr. member
Activity: 812
Merit: 251
I'm the least surprised because bitcoin is gradually succeeding globally and everyone wants to be a part. Chicago Mercantile Exchange decision to lunch bitcoin futures is laudable and it will create and expand the bitcoin market in Chicago and around the world.
ajp
newbie
Activity: 20
Merit: 0
What do you think would be the next market-changing news?

https://perc360.com/breaking-cmes-plan-bitcoin-futures/
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