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Topic: The UK launches Bitcoin Futures. (Read 461 times)

newbie
Activity: 17
Merit: 0
May 29, 2018, 10:43:35 PM
#51
I'm not saying that the UK bitcoin future contracts is going to bad on the market
member
Activity: 84
Merit: 10
May 29, 2018, 09:39:53 AM
#50
On December 10, the Chicago Board of Exchange (CBOE) opened its doors for Bitcoin Futures Trading with XBT Instruments. For several days after the product was officially launched, the enthusiasm of Bitcoin's market players has made Bitcoin's value rise even higher, reaching an all-time high of $ 19,000 or $ 20,000 in some stock exchanges, including the UK.
newbie
Activity: 8
Merit: 0
May 29, 2018, 02:32:33 AM
#49
we'll see, whether it will be able to compete with the price and popularity of bitcoin
jr. member
Activity: 224
Merit: 8
May 29, 2018, 02:22:09 AM
#48
Yeah this is one thing i told on some bitter people that are always saying negative about bitcoin. As we all know that if there are negative issues with these people who do no believe on cryptocurrency then there are also group of individuals who supported and embrace bitcoin and this one is a good to inform those bitter people who do not believe in bitcoin. Well too bad for them not to take the advantage on bitcoin offers especially on its volatility.
sr. member
Activity: 489
Merit: 250
May 29, 2018, 02:17:52 AM
#47
Well, it's good to know that the adaptation of bitcoin are still increasing because it is true that the adaptation has a biggest impact to this system to have a better movements in cryptomarket so hopefully the adaptation process will continuously happened until all over the world are really adapting and leagalizing bitcoin so all of the people are enjoying the benefits and opportunities that came from it.
copper member
Activity: 560
Merit: 46
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May 28, 2018, 11:30:30 PM
#46
it has been made sure that news like this will catapult the price of Bitcoin and expand its wings in every country as a digital currency and a digital money integrator.

and we'll see forwards, and we'll have a party.
hero member
Activity: 854
Merit: 500
May 23, 2018, 06:30:20 PM
#45
This is good news for all investors. Bitcoin prices will increase sharply in the near future. The bitcoin market will grow.
full member
Activity: 952
Merit: 104
May 23, 2018, 06:14:38 PM
#44
Great news as the U.K launches her Futures. The last time US did same, the price of bitcoin increased fairly.
In like manner, this move by the UK can reverse the downward movement of bitcoin prices.
hopefully with the latest launch this can make bitcoin more developed again and not like yesterday the state of bitcoin is very lustrous. then it needs more advanced conditions of development, and can build.


Another positive news for the whole crypto communities even have some people making false news for the digital currency against the new technology of currency some country continue to learn about improtance of digital currency how to help in their country specially their people to give opportunity to earn using virtual currency.
sr. member
Activity: 700
Merit: 252
May 23, 2018, 06:05:29 PM
#43
Great news as the U.K launches her Futures. The last time US did same, the price of bitcoin increased fairly.
In like manner, this move by the UK can reverse the downward movement of bitcoin prices.
hopefully with the latest launch this can make bitcoin more developed again and not like yesterday the state of bitcoin is very lustrous. then it needs more advanced conditions of development, and can build.
member
Activity: 242
Merit: 10
May 23, 2018, 05:52:30 PM
#42
This is really a happy news for Bitcoin. The belief in Bitcoin is going to increase now. People will not doubt in the future to invest in bitcoin or will not feel the risk. Together with the change of the era, more direct method will be adopted in the UK and directly invested as a suitable mode of growth in the crypto. I thank the UK many thanks for taking such a decision.
newbie
Activity: 155
Merit: 0
May 14, 2018, 09:11:29 AM
#41
As such, Coinfloor claims to have launched the “first physically delivered cryptocurrency futures contract” through its newly created crypto exchange, Coinfloorex. The contracts were “created to protect investors and traders against price slippage on positions at time of settlement, as well as concerns of market manipulation.”
hero member
Activity: 980
Merit: 502
April 27, 2018, 12:47:30 PM
#40
Great news as the U.K launches her Futures. The last time US did same, the price of bitcoin increased fairly.
In like manner, this move by the UK can reverse the downward movement of bitcoin prices.
This is very good news and this is completely unexpected from the country like US who has initially banned bitcoin, has took such a great initiative for the bitcoin and launches bitcoin futures and i wish all other countries will also understand the potential of bitcoin and i wish india should be the first in this because in india the conditions are quite different with the bitcoin, in the current scenerio indian government is totally opposite to all cryptocurrencies, so i really want that india take initiate to legalize bitcoin in its nation and could realize the fact that btc has that potential that it could reduce the poverty of india.
sr. member
Activity: 388
Merit: 250
April 25, 2018, 11:36:26 PM
#39
I would say futures are actually bad for the bitcoin market. After the futures ended is when the bitcoin price started plummeting. Futures pump up the price artificially
legendary
Activity: 3668
Merit: 6382
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April 25, 2018, 04:35:12 PM
#38
more Bitcoin related companies open up in UK because the legislation is permissive on Bitcoin.

It doesn't exist. There's literally nothing, anywhere, as far as I can tell.

OK. Then maybe I've been remembering something wrong.
Maybe I'll do some research tomorrow and if I get any info I'll edit this post.


Edit: I've found some articles that "support my point"
A very old one https://techcrunch.com/2015/07/31/uk-is-leading-the-way-to-become-a-global-bitcoin-hub/
And a very new one https://cointelegraph.com/news/how-british-financial-regulator-creates-a-foundation-for-uk-cryptocurrency-adoption


On one hand that's useful for people looking to get rolling, on the other hand what happens if the government looks around at all the crypto madness fizzing away and decides to shit on it?

They won't. Germany has a head start. Most of the northern countries are more than okay. I've read Switzerland also joins the party. EU has allocated funds to help blockchain tech related companies (not Bitcoin, I know, but it's a good direction imho).
UK will not piss against the wind. Not this bad.

The UK government has a pitifully stupid record when it comes to internet based stuff, though most of their ideas are abandoned as being moronic like having back doors into encrypted apps.

I was right on this. You expect too much from politicians... Smiley
full member
Activity: 364
Merit: 102
April 25, 2018, 04:34:40 PM
#37
Great news as the U.K launches her Futures. The last time US did same, the price of bitcoin increased fairly.
In like manner, this move by the UK can reverse the downward movement of bitcoin prices.

Although it gives the market a tighter room for competition; I say that it's still good news because it show the masses that many countries, especially the big and powerful ones like UK is open to venturing in the market, thus, proving its legitimacy and capacity to give profit. Because, if it's not really legit, then a big and powerful country like UK won't waste it's time to take advantage of the market and adjust their ways just to make it work for the cryptocurrency market. Good news indeed.


Like said before, it's just a small exchange that initiated this. The uk hasn't done anything for crypto the past years.
hero member
Activity: 1274
Merit: 519
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April 25, 2018, 04:30:35 PM
#36
Great news as the U.K launches her Futures. The last time US did same, the price of bitcoin increased fairly.
In like manner, this move by the UK can reverse the downward movement of bitcoin prices.

Although it gives the market a tighter room for competition; I say that it's still good news because it show the masses that many countries, especially the big and powerful ones like UK is open to venturing in the market, thus, proving its legitimacy and capacity to give profit. Because, if it's not really legit, then a big and powerful country like UK won't waste it's time to take advantage of the market and adjust their ways just to make it work for the cryptocurrency market. Good news indeed.
member
Activity: 182
Merit: 19
April 25, 2018, 04:24:19 PM
#35
Great news as the U.K launches her Futures. The last time US did same, the price of bitcoin increased fairly.
In like manner, this move by the UK can reverse the downward movement of bitcoin prices.
What do you mean? is the future of bitcoin will be all the same thing over and over? value of bitcointalk wont be based to these news,or fundamentals because most of the people are using technical analysis with their trades which is why it is necessary to check if the t.a is good,those fundamentals will only support the technicala analysis.
sr. member
Activity: 574
Merit: 250
April 25, 2018, 04:23:29 PM
#34
If I remember correctly when future contracts were launched in the CME market, the BTC started to fall and not increase. So knowing that a future will be launched in the UK will not give me hope.
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
April 25, 2018, 04:22:58 PM
#33
more Bitcoin related companies open up in UK because the legislation is permissive on Bitcoin.

It doesn't exist. There's literally nothing, anywhere, as far as I can tell.

On one hand that's useful for people looking to get rolling, on the other hand what happens if the government looks around at all the crypto madness fizzing away and decides to shit on it?

The UK government has a pitifully stupid record when it comes to internet based stuff, though most of their ideas are abandoned as being moronic like having back doors into encrypted apps.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
April 25, 2018, 04:18:56 PM
#32
The UK always seemed to me crypto friendly, so I find this news as a rather normal development.
I wouldn't call it such a news. But nowadays, since Bitcoin is mainly uptrend, everything became again great news.

The UK is crypto nothing as far as I can tell. Banks are flat out anti, though that might be changing with Barclays and Coinbase, and there's isn't a shred of specific legislation anywhere.

It's like the government is pretending it doesn't exist.

Wirex is from UK, Coinsbank is from UK. And I think that I've read somewhere not long ago that more and more Bitcoin related companies open up in UK because the legislation is permissive on Bitcoin.
Also it's better to have them pretend it doesn't exist than boycott it. Maybe your expectations on the politicians are too big. From what I see the whole Europe (UK included) will become quite a good place for Bitcoin and bitcoiners.
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