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Topic: Wall street move into Bitcoin next month (Read 796 times)

sr. member
Activity: 322
Merit: 250
December 02, 2017, 01:14:25 PM
#35
Chicago Board Options Exchange to Launch Bitcoin Futures beside CME Bitcoin futures & with Goldman sachs investment bank advising its investors not to ignore Bitcoin anymore the future of Bitcoin looks very good.

https://cointelegraph.com/news/chicago-board-options-exchange-to-launch-bitcoin-futures-announces-specifics

Finally, an adequate idea on this forum. Of course, bitcoin will still show us what he is capable of and this is not yet the limit of his growth. We are waiting, we believe, we hope, we fix profit Wink
newbie
Activity: 2
Merit: 0
December 02, 2017, 12:57:16 PM
#34
I hope btc hit 100K with Wall Street
member
Activity: 245
Merit: 10
The Future Of Work
December 02, 2017, 12:52:22 PM
#33
Chicago Board Options Exchange to Launch Bitcoin Futures beside CME Bitcoin futures & with Goldman sachs investment bank advising its investors not to ignore Bitcoin anymore the future of Bitcoin looks very good.

https://cointelegraph.com/news/chicago-board-options-exchange-to-launch-bitcoin-futures-announces-specifics


That would be a great advertisement bitcoin and it would definitely reduce the number of skeptics and hopefully increase the acceptability of bitcoin and other cryptocurrencies.
full member
Activity: 336
Merit: 100
December 02, 2017, 12:33:17 PM
#32
anyone can move to bitcoin without having to wait next month, because bitcoin is able to accept anyone participating in bitcoin development, as it does not damage the bitcoin image.
sr. member
Activity: 406
Merit: 250
November 29, 2017, 05:10:31 AM
#31
Anyone getting involved in these futures at no point has any exposure to Bitcoin itself. It's all dollars.

The question is will they be all over the exchanges playing them to whatever ends they desire and then extracting dollars from CME when their desired result is achieved?

There are no laws against pump and dumps, front running, wash trading, or anything. It's an absolute free for all. Is there anything to stop them from doing this?

I can't detect anything other than the ability or inability to get on the exchanges in the first place and I'm not sure which are and which aren't available to these people.

That's a real valid point mate! I never thought in this way. It is very much possible for them to capture the volume first and then fork it few times to take control of the entire blockchain. If it happens, a majority of the institutional investors will move from the main blockchain and join the new forked coin because they will be managed by professional and legal financial institutions. That may be a corporate plan just about to start and we are just seeing what is being shown to us. Probably not getting the bigger picture at all. It's a food for though. Can you please open up a new thread with your view so that more people can share their views on it?
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
November 29, 2017, 04:55:23 AM
#30
Really very encouraging news, the more bitcoin popularized the higher the value. The bitcoin price has now reached $ 10,907. Then what else to wait on. Quickly invest with bitcoin before the price reaches twice the current price.
Yes this news is very encouraging that can invite more investors to invest and hold bitcoin. The more the popularity is, the many people will be benefited for bitcoin. It is very valuable and useful now that's why the price is going high and many people enjoy it now.
full member
Activity: 728
Merit: 101
November 29, 2017, 04:51:17 AM
#29
Really very encouraging news, the more bitcoin popularized the higher the value. The bitcoin price has now reached $ 10,907. Then what else to wait on. Quickly invest with bitcoin before the price reaches twice the current price.
full member
Activity: 266
Merit: 100
November 29, 2017, 02:45:07 AM
#28
Let's destroy shitcoins  Grin
member
Activity: 158
Merit: 10
November 29, 2017, 02:44:08 AM
#27
I just hope they make plans for bitcoin to further increase the price. Although not possible now, who knows. I just have a bad opinion about the move step in Bitcoin.
full member
Activity: 210
Merit: 100
November 27, 2017, 03:30:14 AM
#26
Chicago Board Options Exchange to Launch Bitcoin Futures beside CME Bitcoin futures & with Goldman sachs investment bank advising its investors not to ignore Bitcoin anymore the future of Bitcoin looks very good.

https://cointelegraph.com/news/chicago-board-options-exchange-to-launch-bitcoin-futures-announces-specifics


wall street banks are not ignoring those advanced currency's Ascent. In spite of JPMorgan pursue president Jamie Dimon's blunt feedback on the viability for bitcoin Similarly as an investment, those bank will be taking a gander at permitting its customers on exchange bitcoin in the futures, as stated by wall street journalist by tuesday.
hero member
Activity: 686
Merit: 502
November 27, 2017, 03:28:43 AM
#25
Trading futures is certainly a good fact.
If now, I need to invest 10K in the market to sell 1BTC;
By selling futures, you need to physically buy 1BTC?
full member
Activity: 266
Merit: 122
November 27, 2017, 03:19:06 AM
#24
The wall street will start soon this maybe a signal for other to go on bitcoin I can see crypto currencies are now heading a brighter future. I am waiting for Amazon and Alibaba to finally announce also their acceptance of bitcoin as a mode of payment. The future is going to be a big hit for many users and investors can't wait to see what's gonna happen next.
member
Activity: 70
Merit: 10
November 27, 2017, 03:16:51 AM
#23
Chicago Board Options Exchange to Launch Bitcoin Futures beside CME Bitcoin futures & with Goldman sachs investment bank advising its investors not to ignore Bitcoin anymore the future of Bitcoin looks very good.

https://cointelegraph.com/news/chicago-board-options-exchange-to-launch-bitcoin-futures-announces-specifics

Yes,most of the financial firms are nowadays entering bitcoin market,CME nd now CBOE.On one side,CEOs like jamie dimon criticizing bitcoin and on the other side,wall street firms getting interested in bitcoin.They have started to realize that bitcoin could be no more avoided just for the reason that they belong to wall street financial firms.So,they have just decided to join the winning team.


Whatever Jamie Dimon said, JPMorgan Chase & Co. seems to be changing that sentiment a little because even his finance chief, Marianne Lake, has struck a more measured tone saying that "The firm is open minded to the potential uses for digital currencies so long as they are properly regulated."

They aren't saying that BTC needs to be regulated, because it can't be. However, the investment vehicles that some people would use would be.
CME and CBOE have some of that "regulation" in place. They have things in place to prevent people from getting hammered with losses from what I've read.
member
Activity: 112
Merit: 11
November 27, 2017, 03:08:29 AM
#22
This can either work in favour or to the detriment of bitcoin we will see. In theory it should give an initial pump but a lot of people have said as soon as bitcoin starts going too mainstream ie. when your neighbour knows about it.. then that is the time to get out.
member
Activity: 221
Merit: 10
November 27, 2017, 03:05:45 AM
#21
Wall Street is going to start bitcoin, and it's already out of the news, and they've bought a lot of bitcoins, and the Chicago exchange may be the time for them to ship it.
member
Activity: 244
Merit: 10
November 27, 2017, 02:24:44 AM
#20
This may be a big news. Like Wall Street intends to enter the bitcoin industry, then it should soon be a big money into the bitcoin industry, now the encrypted currency circle, there is no big capital access, chips still in the hands of many early miners.
hero member
Activity: 1834
Merit: 759
November 27, 2017, 02:20:54 AM
#19
Fuck mate, this is not good, not good at all fuck. don't you know what they are trying to do with Bitcoin? first accumulating millions of Bitcoins.

And then forking it a few times, creating some other centralized blockchains, now they pump and announce that wall street is going to engage

With Bitcoin, price is also going up, when they have everyone in, they will fuck us all for good by dumping everything and moving to the coin

Under their control, people will see when wall street moved in price increased and when they have left, price decreased, people will follow these

Manipulative mother fuckers like they're doing it now. if you want to stop this from happening you should stop paying more than $8000 for Btc.

This is a nightmare for Bitcoin.

I feel like you're a wee bit overreacting. It's not like Wall Street acts as a single entity. They'll be buying Bitcoins mostly for their customers, not themselves. Some firms might be able to gather up enough Bitcoins to move the market, but at that point, they have just as much, if not much more, to lose as the average HODLer. I don't think Wall Street is setting up for a massive conspiracy. Bitcoin is far harder to control than most people give it credit for.

I think this is good for Bitcoin overall. Wall Street being into Bitcoins should give more people confidence that it's here to stay. I guess we'll see though.
hero member
Activity: 686
Merit: 500
November 26, 2017, 06:34:14 PM
#18
Chicago Board Options Exchange to Launch Bitcoin Futures beside CME Bitcoin futures & with Goldman sachs investment bank advising its investors not to ignore Bitcoin anymore the future of Bitcoin looks very good.

https://cointelegraph.com/news/chicago-board-options-exchange-to-launch-bitcoin-futures-announces-specifics

Yes,most of the financial firms are nowadays entering bitcoin market,CME nd now CBOE.On one side,CEOs like jamie dimon criticizing bitcoin and on the other side,wall street firms getting interested in bitcoin.They have started to realize that bitcoin could be no more avoided just for the reason that they belong to wall street financial firms.So,they have just decided to join the winning team.
sr. member
Activity: 1092
Merit: 271
November 26, 2017, 06:34:04 PM
#17
Wow this is awesome.  The effort of getting noticed had been paid with great acceptance for wall street.  This will definitely push Bitcoin into bullish trend. I am seeing series of new ATH from here.  It seems government will be forced to accept and welcome Bitcoin after this thing happen.
member
Activity: 70
Merit: 10
November 26, 2017, 06:12:47 PM
#16
Anyone getting involved in these futures at no point has any exposure to Bitcoin itself. It's all dollars.

The question is will they be all over the exchanges playing them to whatever ends they desire and then extracting dollars from CME when their desired result is achieved?

There are no laws against pump and dumps, front running, wash trading, or anything. It's an absolute free for all. Is there anything to stop them from doing this?

I can't detect anything other than the ability or inability to get on the exchanges in the first place and I'm not sure which are and which aren't available to these people.

I don't know how a pump and dump would happen with futures. Someone has to take the short position for that. That could be suicide.
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