Bitcoin Forum

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 we all knew that this was going to happen, specially because it was posted more than three weeks ago..

Better to get some updated news before posting in here, because we have seen this a lot of times in here before.

The CME is going to list bitcoin on their exchanges between december 10th, and the 20th, so try to buy as many bitcoins as you can before those dates, because we all know that the price is going to skyrocket once that they list bitcoin in there.

Just keep waiting for a while, a lot of things are going to came to bitcoin in a few days from now, it is just matter of time until we are going to see a huge pump again.

Many new about CME but not about Chicago Board Options Exchange & Goldman Sachs which was published yesterday.

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.

Good statements and suggestions.
I also think that way.
Bitcoin in the future will get high success and will be an important part of human life, seeing the current fans very much.
Regardless of the creator of new coins and investors.

Old news.
But yeah, as soon as the CME group released their bitcoin futures announcement, we knew that wall street floodgates had been opened. To be honest, I don't like this at all, market manipulation from Wall Street is bound to happen at some point, and whether this is good or bad for the market is yet to be seen. For now, everyone seems to be happy that btc might get a pump in the price next month due to bitcoin futures, but this is in the short-tem, i'm worried about the involvement of Wall Street in the long-term and what it could mean for the btc market in the future.

I just hope that they come up a plan to monopolize the bitcoin and use it to further grow their wealth. Although it is impossible for now, who knows. I just have a bad feeling about the move of wall street on Bitcoin.

Its great for us. People start acknowledging Bitcoin so more stores will accept it and its price will grow.

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 think its about time to leave the alts now and focus only to btc..  
80% of my bag now is btc,  the rest is eth.

 

This is the news that will project bitcoin to more than $ 10k

Bitcoin - America’s next great pump n’ dump.

American business finally comes up with a way to get financial revenge on Japan for bombing them with Toyota’s and Honda’s. LOL

Of course this is a welcomed development but then it has been long awaited. Everyone knew it was going to happen especially with forex platforms brandishing some Cryptos. This news will further propel the bitcoin to hit a new height. Kudos all bitcoin holders.

Mate as shit sure this is a welcomed development for third world people earning through signature campaigns, their $200 weekly now worth more than

$300 given if they are posting with 10 full member accounts. for miners and investors it will be a welcomed development as long as they are holding.

But when they dump everything to start pumping a new Bitcoin, if you are holding any, you will be the one with no fucking chair to sit when the music

Stops.

Does anyone know more or less an expected date that this will happen?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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?

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.

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.

Let's destroy shitcoins  ;D

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.

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?

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.

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.

I hope btc hit 100K with Wall Street

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 ;)