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Bitcoin => Bitcoin Discussion => Topic started by: very_452001 on November 04, 2017, 07:08:16 PM



Title: CME group, Wall Street, Bitcoin Futures questions
Post by: very_452001 on November 04, 2017, 07:08:16 PM
Hi,

Does anybody know or can predict which day of nov or dec they will release this bitcoin futures?

Also is the current ATH price already priced in this positive news?


Title: Re: CME group, Wall Street, Bitcoin Futures questions
Post by: NeuroticFish on November 04, 2017, 07:18:45 PM
Hi,

Does anybody know or can predict which day of nov or dec they will release this bitcoin futures?

Also is the current ATH price already priced in this positive news?

From what I've read, CME still needs the OK from the Commodity Futures Trading Commission.
If all goes well and Bitcoin enters pass the gates of Wall Street, I believe that the price will skyrocket even more.
Of course, on the process some corrections will have to happen, maybe a huge pump and dump too.


Title: Re: CME group, Wall Street, Bitcoin Futures questions
Post by: very_452001 on November 04, 2017, 10:53:17 PM
Hi,

Does anybody know or can predict which day of nov or dec they will release this bitcoin futures?

Also is the current ATH price already priced in this positive news?

From what I've read, CME still needs the OK from the Commodity Futures Trading Commission.
If all goes well and Bitcoin enters pass the gates of Wall Street, I believe that the price will skyrocket even more.
Of course, on the process some corrections will have to happen, maybe a huge pump and dump too.

Ok where we can see the latest status of this?

I remember winklevoss ETF was declined earlier this year. Or has any ETF has passed gone through?


Title: Re: CME group, Wall Street, Bitcoin Futures questions
Post by: NeuroticFish on November 05, 2017, 02:35:40 AM
Ok where we can see the latest status of this?

I remember winklevoss ETF was declined earlier this year. Or has any ETF has passed gone through?

I don't know where you can read this before the others, but when/if this will really happen it will surely be in the news. And you'll see the price reacting to it.
I am not into Wall Street trading, I've just read the news.
Maybe others are more informed..


Title: Re: CME group, Wall Street, Bitcoin Futures questions
Post by: very_452001 on November 05, 2017, 06:56:27 PM
Guaranteed 10k yeah if that happens  8)


Title: Re: CME group, Wall Street, Bitcoin Futures questions
Post by: avikz on November 05, 2017, 07:16:44 PM
Hi,

Does anybody know or can predict which day of nov or dec they will release this bitcoin futures?

Also is the current ATH price already priced in this positive news?

The CME group has just though about introducing bitcoin futures contract whose price will be derived from bitcoin as an underlying asset. However, I am not sure how far they have reached till date. There is also no indication from their website that they have applied for the necessary licenses or not. So it is just a news and the crypto community is anticipating that the launch will be soon. But we don't yet have any solid proof that CME group is certainly going to introduce the product, That may get cancelled midway.


Title: Re: CME group, Wall Street, Bitcoin Futures questions
Post by: very_452001 on November 05, 2017, 07:33:03 PM
Is it coming out on the 14th Nov before the fork?:

https://bitcoinmagazine.com/articles/setting-bitcoins-price-mechanism-cme-group-launch-btc-futures/