Bitcoin Forum

Economy => Economics => Topic started by: shinzai on December 07, 2017, 06:32:18 PM



Title: Bitcoin futures
Post by: shinzai on December 07, 2017, 06:32:18 PM
Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me :)


Title: Re: Bitcoin futures
Post by: cellard on December 07, 2017, 07:03:09 PM
Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me :)

In theory, futures should be backed by real bitcoin holdings which the issuers of the futures would hold, but im not sure... I think futures is just legal institutional gambling. Wall Street will try to control the price through futures. It depends on how stupid the market is to let themselves get manipulated by the price of something that is not even real Bitcoin. We are dealing with billionaire weasels now, it's a new different level never seen before in Bitcoin.

My recommendation: Ignore futures and it's price, and only trade real bitcoins directly, anything that isn't this is on the scammy side.


Title: Re: Bitcoin futures
Post by: warrior333 on December 07, 2017, 07:11:08 PM
It is possible to trade bitcoins with futures is an attempt to make the price of bitcoin is predictable. Theoretically, if you know how many coins will be sold in the future and at what price then you can predict the price. I don't know if it will work this option, but I don't like it. Perhaps today's prices is an attempt of speculators to make money before they leave the bitcoin.


Title: Re: Bitcoin futures
Post by: Ronaldcoin2017 on December 07, 2017, 08:08:02 PM
It is possible to trade bitcoins with futures is an attempt to make the price of bitcoin is predictable. Theoretically, if you know how many coins will be sold in the future and at what price then you can predict the price. I don't know if it will work this option, but I don't like it. Perhaps today's prices is an attempt of speculators to make money before they leave the bitcoin.
Well future of bitcoin is not really predictable because it is really unstable kind of investment it is really dpend on tge market demand or maybe tge users demand it was just like a product that if no one use it the price will go down.I believe that bitcoin today is rising or maybe grown fast because it is really profitabke and many people believe that bitcoin is our new hope or maybe a new way to make dreams come true that was really amazing .


Title: Re: Bitcoin futures
Post by: shield132 on December 07, 2017, 09:47:37 PM
I want to post my opinion too which is different from your OP. Usually bitcoin users are very optimistics, people has seen that it was possible reach 1000$ and however it didn't stop here. Now people have hope that this rise can continue and it's bitcoin's aim but there is only a need of one little panic and you will be amazed how quickly this coin will fall.


Title: Re: Bitcoin futures
Post by: aardvark15 on December 07, 2017, 10:11:22 PM
Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me :)

I have heard that they will be cash settled. I don’t think you would buy actual Bitcoins (or short actual Bitcoins). I don’t know how this will affect the price of actual Bitcoins but is seems that there could be potential for manipulation of the price by doing futures contracts.

This could be good or bad for Bitcoin. It’s new territory for us so we’ll find out the ramifications after the contracts are on the market.


Title: Re: Bitcoin futures
Post by: DutchNed on December 07, 2017, 11:23:44 PM
If they are only betting with contracts and pay each other in dollar or euros but don't actually buy BTC how could it possibly effect the market?
For example: if I make a bet with someone how many BMWs will pass through a particular street and the one who gets closest wins, how could that possibly effect the sale or price of BMWs?
I don't know much about the stock market so maybe someone can give me a better example.


Title: Re: Bitcoin futures
Post by: shinzai on December 08, 2017, 12:02:00 AM
In theory, futures should be backed by real bitcoin holdings which the issuers of the futures would hold, but im not sure... I think futures is just legal institutional gambling. Wall Street will try to control the price through futures. It depends on how stupid the market is to let themselves get manipulated by the price of something that is not even real Bitcoin. We are dealing with billionaire weasels now, it's a new different level never seen before in Bitcoin.

My recommendation: Ignore futures and it's price, and only trade real bitcoins directly, anything that isn't this is on the scammy side.

Hi & thanks for answering. Can you please explain the point of backing futures with a commodity if the contract is to be cash settled? Why would that be needed?

I have heard that they will be cash settled. I don’t think you would buy actual Bitcoins (or short actual Bitcoins). I don’t know how this will affect the price of actual Bitcoins but is seems that there could be potential for manipulation of the price by doing futures contracts.

This could be good or bad for Bitcoin. It’s new territory for us so we’ll find out the ramifications after the contracts are on the market.

Thx for contributing. Can you please explain how that manipulation would work if futures are settled in fiat? Do you refer to that bitcoin could be bought/sold on-chain in order to manipulate future positions? Becuase that's the only possibility I can see. I.e. not the other way around.


As far as I've come to understand, when the price moves too much in one direction then one side of the futures contract will gradually lose money on his account and eventually risk margin call. Then, if he doesnt deposit more money the exchange will forcefully liquidate his position by selling the future contract (if Long) to someone else. The losing speculator is left with nothing on his account. But he will never have to buy/sell actual bitcoins, right?



Title: Re: Bitcoin futures
Post by: ugr_erkn92 on December 08, 2017, 01:27:39 AM
The fact that Bitcoin futures will be started has already raised Bitcoin prices, the news has been bought. Futures will also contribute positively to the legality of Bitcoin. Bitcoin' price isn't going to be constantly growing, I am expecting a drop, small investors must be very cautious.


Title: Re: Bitcoin futures
Post by: iamTom123 on December 08, 2017, 01:46:53 AM
It is possible to trade bitcoins with futures is an attempt to make the price of bitcoin is predictable. Theoretically, if you know how many coins will be sold in the future and at what price then you can predict the price. I don't know if it will work this option, but I don't like it. Perhaps today's prices is an attempt of speculators to make money before they leave the bitcoin.

I am not an expert on futures much more I can't predict how will this new Bitcoin Futures affect the price of the real Bitcoin   but I am more inclined to believe that maybe in the next few months these futures may directly affect Bitcoin but later on the overall Bitcoin market may just ignore these futures and put them on the sideline. I can sense that the Bitcoin market is not anymore stupid that can easily be swayed by the forces around it. The way I see it is that it will be Bitcoin that will sway the Bitcoin Futures and not so much the other way around. But then again, we might as well wait on how things will materialize on this new development. Right now, the market sentiment is very much excited for the futures primarily because this is the concrete step towards the legitimization of Bitcoin which is a big news for all of us in the Bitcoin community.


Title: Re: Bitcoin futures
Post by: XinXan on December 08, 2017, 01:57:13 AM
In theory, futures should be backed by real bitcoin holdings which the issuers of the futures would hold, but im not sure... I think futures is just legal institutional gambling. Wall Street will try to control the price through futures. It depends on how stupid the market is to let themselves get manipulated by the price of something that is not even real Bitcoin. We are dealing with billionaire weasels now, it's a new different level never seen before in Bitcoin.

My recommendation: Ignore futures and it's price, and only trade real bitcoins directly, anything that isn't this is on the scammy side.

Hi & thanks for answering. Can you please explain the point of backing futures with a commodity if the contract is to be cash settled? Why would that be needed?

I have heard that they will be cash settled. I don’t think you would buy actual Bitcoins (or short actual Bitcoins). I don’t know how this will affect the price of actual Bitcoins but is seems that there could be potential for manipulation of the price by doing futures contracts.

This could be good or bad for Bitcoin. It’s new territory for us so we’ll find out the ramifications after the contracts are on the market.

Thx for contributing. Can you please explain how that manipulation would work if futures are settled in fiat? Do you refer to that bitcoin could be bought/sold on-chain in order to manipulate future positions? Becuase that's the only possibility I can see. I.e. not the other way around.


As far as I've come to understand, when the price moves too much in one direction then one side of the futures contract will gradually lose money on his account and eventually risk margin call. Then, if he doesnt deposit more money the exchange will forcefully liquidate his position by selling the future contract (if Long) to someone else. The losing speculator is left with nothing on his account. But he will never have to buy/sell actual bitcoins, right?



This is what Cboe says: XBT futures provides investors with the opportunity to buy, sell and trade bitcoin futures or implement your trading strategies without having to pay for the actual currency. The single price settlement process gives participants the option of using XBT futures to hedge their exposure in underlying bitcoin or gain exposure to traded bitcoin prices without holding bitcoin.

So no, you are never buying or selling, that's pretty much the point. This should push bitcoin price higher, if it's not already doing it but eventually it's going to be bad.


Title: Re: Bitcoin futures
Post by: Beefcake on December 08, 2017, 02:07:43 AM
I think that the significance of futures is not necessarily the contracts themselves, but that the approval of futures signals wall street's acceptance of digital currencies.  Since its creation bankers, ceos, and academics have only had bad things to say about bitcoin.  But this is proof that big money, or at least some big money institutions, see it as legitimate.  I know a lot of people who used to think that it was just a scam.  But now they they may have to reevaluate that opinion.

It is happening sooner than I thought, but I think we are seeing the beginning of wide spread adoption.


Title: Re: Bitcoin futures
Post by: lucifochrome on December 08, 2017, 02:31:58 AM
From what i understand with bitcoin futures, i think that this is backed by institution with a huge amount of bitcoins on hand, What they will do is to have you put the x amount of bitcoin ahead of time in terms of a contract, something like betting, now if by that time bitcoin's price rise from the amount on the contract then i guess you double your bitcoin but if it dips then you will lose double because you will not be able to sell it short.


Title: Re: Bitcoin futures
Post by: TTITA on December 08, 2017, 03:40:52 AM
From what i understand with bitcoin futures, i think that this is backed by institution with a huge amount of bitcoins on hand, What they will do is to have you put the x amount of bitcoin ahead of time in terms of a contract, something like betting, now if by that time bitcoin's price rise from the amount on the contract then i guess you double your bitcoin but if it dips then you will lose double because you will not be able to sell it short.
Looks like I agree with your opinion.
If the current bitcoin price increase is caused by pump manipulation of a group of people, then this becomes a high risk investment, which can be a sudden loss in case of a panic dump.
The problem that still exists today is about the number of transactions that stuck in the chain, if this continues to happen then btc sales will not happen instantly anymore.


Title: Re: Bitcoin futures
Post by: TTITA on December 08, 2017, 04:21:22 AM
Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me :)

In theory, futures should be backed by real bitcoin holdings which the issuers of the futures would hold, but im not sure... I think futures is just legal institutional gambling. Wall Street will try to control the price through futures. It depends on how stupid the market is to let themselves get manipulated by the price of something that is not even real Bitcoin. We are dealing with billionaire weasels now, it's a new different level never seen before in Bitcoin.

My recommendation: Ignore futures and it's price, and only trade real bitcoins directly, anything that isn't this is on the scammy side.
It could be the fact that bitcoin futures become a mere market manipulation.
As for trading stock and asset require to price stability in the market. The Billionaire weasels you are talking about are something that has not been in the bitcoin yet, they are only concerned with the profit without thinking about the future impact. that's why this is a high risk in terms of trade.


Title: Re: Bitcoin futures
Post by: shinzai on December 08, 2017, 11:21:00 AM
Thanks everyone for your contributions to the subject, but so far I have not recieved any clear answer to why the bitcoin price would be affected by bitcoin futures trading (that will be settled in fiat).

Sure, the launch of bitcoin futures is good news to bitcoin, but I've seen journalists speculating in traders shorting bitcoin etc and what effect that would have on the bitcoin price.

Why would it have any effect at all?


Title: Re: Bitcoin futures
Post by: XinXan on December 08, 2017, 11:34:20 AM
Thanks everyone for your contributions to the subject, but so far I have not recieved any clear answer to why the bitcoin price would be affected by bitcoin futures trading (that will be settled in fiat).

Sure, the launch of bitcoin futures is good news to bitcoin, but I've seen journalists speculating in traders shorting bitcoin etc and what effect that would have on the bitcoin price.

Why would it have any effect at all?

Ok, so you don't understand why something that is being traded in fiat would have any effect in bitcoin themselves, right? I'm not an expert myself in futures but this guy did a pretty good analysis:

https://masterthecrypto.com/will-bitcoin-futures-affect-bitcoin-prices/

It seems that, for example, for gold it didn't work too well short term but eventually was meaningless so you might be right. Bitcoin might not be affected at all by it. However because bitcoin is purely speculative right now, I'm sure it will drive the price even higher, hard to tell right now because it's already climbing hard anyways.


Title: Re: Bitcoin futures
Post by: shark69 on December 08, 2017, 11:41:37 AM
I think bitcoin will be big and very profitable, even bitcoin can be a hope in the future for some people in the world. the current bitcoin price is very good, reaching hundreds of millions.


Title: Re: Bitcoin futures
Post by: shark69 on December 08, 2017, 11:43:48 AM
I think bitcoin will be big and very profitable, even bitcoin can be a hope in the future for some people in the world. the current bitcoin price is very good, reaching hundreds of millions.


Title: Re: Bitcoin futures
Post by: Nana_Marini on December 08, 2017, 12:13:24 PM
Bitcoin has good future. Now, many more people join bitcoin because with bitcoin many people get reward. So it can diminish unemployed person :)


Title: Re: Bitcoin futures
Post by: Lancusters on December 08, 2017, 01:39:55 PM
Thanks everyone for your contributions to the subject, but so far I have not recieved any clear answer to why the bitcoin price would be affected by bitcoin futures trading (that will be settled in fiat).

Sure, the launch of bitcoin futures is good news to bitcoin, but I've seen journalists speculating in traders shorting bitcoin etc and what effect that would have on the bitcoin price.

Why would it have any effect at all?

Ok, so you don't understand why something that is being traded in fiat would have any effect in bitcoin themselves, right? I'm not an expert myself in futures but this guy did a pretty good analysis:

https://masterthecrypto.com/will-bitcoin-futures-affect-bitcoin-prices/

It seems that, for example, for gold it didn't work too well short term but eventually was meaningless so you might be right. Bitcoin might not be affected at all by it. However because bitcoin is purely speculative right now, I'm sure it will drive the price even higher, hard to tell right now because it's already climbing hard anyways.
I did not understand from this analysis. Why do you think that someone will use the services of the Chicago stock Exchange. This analyst of the last century. Now there are many exchanges which will continue to trade in real time. I think the price of bitcoin will remain volatile. On the Chicago stock exchange will not be simple clients wishing to sell or buy bitcoin.


Title: Re: Bitcoin futures
Post by: zarados on December 08, 2017, 02:01:25 PM
I don't think so that bitcoin futures will have a big effect on bitcoin prices. I think that's just a new trading facility that will either contain only bitcoin or another crypto. The difference is, here you just buy the position, and don't get the actual bitcoin. In an exchange, you can earn a profit by selling coins whose prices are rising. but in bitcoin futures, you might be able to open 2 positions, ie buy positions, and sell positions. So you can also gain profit if the price is down. If in bitcoin futures are given multiplier/leverage functions, then this will be more like a gambling site.


Title: Re: Bitcoin futures
Post by: XinXan on December 08, 2017, 02:46:44 PM
Thanks everyone for your contributions to the subject, but so far I have not recieved any clear answer to why the bitcoin price would be affected by bitcoin futures trading (that will be settled in fiat).

Sure, the launch of bitcoin futures is good news to bitcoin, but I've seen journalists speculating in traders shorting bitcoin etc and what effect that would have on the bitcoin price.

Why would it have any effect at all?

Ok, so you don't understand why something that is being traded in fiat would have any effect in bitcoin themselves, right? I'm not an expert myself in futures but this guy did a pretty good analysis:

https://masterthecrypto.com/will-bitcoin-futures-affect-bitcoin-prices/

It seems that, for example, for gold it didn't work too well short term but eventually was meaningless so you might be right. Bitcoin might not be affected at all by it. However because bitcoin is purely speculative right now, I'm sure it will drive the price even higher, hard to tell right now because it's already climbing hard anyways.
I did not understand from this analysis. Why do you think that someone will use the services of the Chicago stock Exchange. This analyst of the last century. Now there are many exchanges which will continue to trade in real time. I think the price of bitcoin will remain volatile. On the Chicago stock exchange will not be simple clients wishing to sell or buy bitcoin.

What? The link I mentioned just analyzes what happened to silver and gold when futures were introduced and the conclusion was that nothing relevant happened, just a bit short term but long term was meaningless.


Title: Re: Bitcoin futures
Post by: cizatext on December 08, 2017, 03:24:40 PM
Bitcoin future will be bright as speculators keep on speculating the price of bitcoin will keep on growing high. More investors will invest in bitcoin and government of many countries will adopt bitcoin as their secondary money, so to that bitcoin will sustain it market value and it exchange rate will skyrocketed to as high as $50000 in the next few years to come.


Title: Re: Bitcoin futures
Post by: Zuilhsa on December 08, 2017, 03:52:14 PM
Bitcoin has good future. Now, many more people join bitcoin because with bitcoin many people get reward. So it can diminish unemployed person :)
absolutely many people are dependent upon bitcoin for their lives. It has started to decrease unemployment. Bitcoin tremendous price increase makes more investors to invest in it and the prediction of huge growth of bitcoin makes even more people to join  the forum.


Title: Re: Bitcoin futures
Post by: pugman on December 08, 2017, 04:10:43 PM
Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me :)
There are a lot of people who are against bitcoin, misunderstanding it to be a bubble and bull shit. How this will affect is that there'll be corruption if there is no intervention by SEC. The bulls of stock market will play with the prices like hell, trust me. To some extent there'll be a panic and bull shitting about the bubble asset- bitcoin. I feel this bitcoin future thing is just not the right thing for bitcoin.


Title: Re: Bitcoin futures
Post by: buwaytress on December 08, 2017, 04:45:41 PM
Ok, so you don't understand why something that is being traded in fiat would have any effect in bitcoin themselves, right? I'm not an expert myself in futures but this guy did a pretty good analysis:

https://masterthecrypto.com/will-bitcoin-futures-affect-bitcoin-prices/

It seems that, for example, for gold it didn't work too well short term but eventually was meaningless so you might be right. Bitcoin might not be affected at all by it. However because bitcoin is purely speculative right now, I'm sure it will drive the price even higher, hard to tell right now because it's already climbing hard anyways.

Good analysis indeed. Futures to me are just a different way of gambling, since it's all speculation and so called hedgers buying the contracts. Why it's important for Bitcoin is that at the moment, there is no real way for investors to hedge against Bitcoin, more importantly to short it. You could count selling against alt pairs or Tether, but that's still not in fiat currency, which is how all the new futures next week will be settled.

Most investors feel this shorting ability will bring downward pressure on Bitcoin, making price a little more realistic. If they're right, I wouldn't mind. But this is the logic behind forward contracts, not the single-day self certified ones that will debut next week. They're strictly speculative, and hastily approved, rightly to the concern of the FIA expressed yesterday in an open letter to CFTC: https://fia.org/articles/open-letter-cftc-chairman-giancarlo-regarding-listing-cryptocurrency-derivatives

But as the above analysis points out, it may eventually be meaningless.


Title: Re: Bitcoin futures
Post by: eyesopen on December 08, 2017, 04:53:17 PM
Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me :)

In theory, futures should be backed by real bitcoin holdings which the issuers of the futures would hold, but im not sure... I think futures is just legal institutional gambling. Wall Street will try to control the price through futures. It depends on how stupid the market is to let themselves get manipulated by the price of something that is not even real Bitcoin. We are dealing with billionaire weasels now, it's a new different level never seen before in Bitcoin.

My recommendation: Ignore futures and it's price, and only trade real bitcoins directly, anything that isn't this is on the scammy side.

does this mean that the issuers will be trading bitcoin normally in order to obtain more holdings for more Futures traders?

We are dealing with billionaire weasels now, it's a new different level never seen before in Bitcoin

i think this what a lot of people have concerns about, the futures traders are different,

they will definitely not care about crypto, blockchain, open source, decentralised tech.


Title: Re: Bitcoin futures
Post by: FrueGreads on December 08, 2017, 04:57:42 PM
As far as I know, bitcoin futures does not affect bitcoin price directly. When you buy buy futures, you can go short or long on bitcoin futures, and by that you expect the price to go down or up respectively, in order for you to have a profit (but you are not buying or selling bitcoin).

The "problem" with futures, is that you can now win money if the bitcoin price goes down. What everyone is saying" is that there is a great opportunity to buy bitcoin before the futures goes live, and by doing this you are making it's price go up (specially if you are a whale, like the Wall Street guys are). When futures go live, those guys can just short bitcoin, and at the same time sell the bitcoins they've bought before the futures went live. Since they have plenty of money, they might be able to have some influence on the bitcoin price, so by selling coins, they will be winning on the short they did on futures, and will cash out some profit out of the bitcoin sale as well.

After this they can go long on bitcoin futures, and at the same time buy bitcoin that is now at a shorter price, and again win on both sides. Of course this is not that linear, and the market will still be unpredictable, but this is a possible set up made by Wall Street whales, and this might be a way for the futures market to influence bitcoin price.


Title: Re: Bitcoin futures
Post by: novhitadaloma on December 08, 2017, 05:06:24 PM
Many people who already understand about bitcoin have even joined bitcoin, because they know that they will eventually get something of considerable profit

report to moderator


Title: Re: Bitcoin futures
Post by: zeze18 on December 08, 2017, 06:44:07 PM
I think we agree if bitcoin investment is the best right now among some other investments like stocks, gold, and property,and many of whom have gained success of their investments with bitcoin, and with its current popularity bitcoin has potential to continue to grow and develop rapidly in the next year and the best opportunity to be invested in it.


Title: Re: Bitcoin futures
Post by: XinXan on December 08, 2017, 06:57:41 PM
As far as I know, bitcoin futures does not affect bitcoin price directly. When you buy buy futures, you can go short or long on bitcoin futures, and by that you expect the price to go down or up respectively, in order for you to have a profit (but you are not buying or selling bitcoin).

The "problem" with futures, is that you can now win money if the bitcoin price goes down. What everyone is saying" is that there is a great opportunity to buy bitcoin before the futures goes live, and by doing this you are making it's price go up (specially if you are a whale, like the Wall Street guys are). When futures go live, those guys can just short bitcoin, and at the same time sell the bitcoins they've bought before the futures went live. Since they have plenty of money, they might be able to have some influence on the bitcoin price, so by selling coins, they will be winning on the short they did on futures, and will cash out some profit out of the bitcoin sale as well.

After this they can go long on bitcoin futures, and at the same time buy bitcoin that is now at a shorter price, and again win on both sides. Of course this is not that linear, and the market will still be unpredictable, but this is a possible set up made by Wall Street whales, and this might be a way for the futures market to influence bitcoin price.

Maybe but Wall Street whales aren't going to invest a lot of money into bitcoin simply because it's too volatile. If many of them work together they could do anything they want with bitcoin's price but that would be market manipulation which is illegal.


Title: Re: Bitcoin futures
Post by: MyIdeas on December 08, 2017, 08:53:53 PM
I don't think so that bitcoin futures will have a big effect on bitcoin prices. I think that's just a new trading facility that will either contain only bitcoin or another crypto. The difference is, here you just buy the position, and don't get the actual bitcoin. In an exchange, you can earn a profit by selling coins whose prices are rising. but in bitcoin futures, you might be able to open 2 positions, ie buy positions, and sell positions. So you can also gain profit if the price is down. If in bitcoin futures are given multiplier/leverage functions, then this will be more like a gambling site.
It is really very much difficult thing to comment on the future of bitcoin. There will be number of things which will change in the coming days. If bitcoin gets legal, then this entire thing will changed as the concept of decentralization will no longer exist. In addition to this, with the increase in the demand of bitcoin the market price of bitcoin will also get effected. Future will bring lot of good things for us.


Title: Re: Bitcoin futures
Post by: Willitivity on December 08, 2017, 09:14:10 PM
The volatility of Bitcoin makes the future quite unpredictable. For instance, four months ago nobody would believe Bitcoin being at this current price. And  again, as days go by, bitcoin is gaining more attention and popularity with more persons coming in to the system.
Overall, I think the future is cool for Bitcoin as we are going to see a more stable price.


Title: Re: Bitcoin futures
Post by: shinzai on December 10, 2017, 08:10:03 PM
As far as I know, bitcoin futures does not affect bitcoin price directly. When you buy buy futures, you can go short or long on bitcoin futures, and by that you expect the price to go down or up respectively, in order for you to have a profit (but you are not buying or selling bitcoin).

The "problem" with futures, is that you can now win money if the bitcoin price goes down. What everyone is saying" is that there is a great opportunity to buy bitcoin before the futures goes live, and by doing this you are making it's price go up (specially if you are a whale, like the Wall Street guys are). When futures go live, those guys can just short bitcoin, and at the same time sell the bitcoins they've bought before the futures went live. Since they have plenty of money, they might be able to have some influence on the bitcoin price, so by selling coins, they will be winning on the short they did on futures, and will cash out some profit out of the bitcoin sale as well.

After this they can go long on bitcoin futures, and at the same time buy bitcoin that is now at a shorter price, and again win on both sides. Of course this is not that linear, and the market will still be unpredictable, but this is a possible set up made by Wall Street whales, and this might be a way for the futures market to influence bitcoin price.

Thank you for a clear answer :)

I suspected this was the case, ie that futures trading itself has no impact on the bitcoin price, but rather adds an incentive to manipulate the bitcoin price.

However, is it not just as likely for the whales to go long & manipulate the price upwards as it is downwards?

Maybe but Wall Street whales aren't going to invest a lot of money into bitcoin simply because it's too volatile. If many of them work together they could do anything they want with bitcoin's price but that would be market manipulation which is illegal.

How is such a thing proven? has there been any cases where people have been found guilty?

Because I feel in order to not bet against (& screw up) each other A LOT of whales have to come together and bet in the same direction.


Title: Re: Bitcoin futures
Post by: takira on December 10, 2017, 08:13:29 PM
It is a very interesting question. I want to know too. Futures will be good for Bitcoin and it will grow up or it will just kill it?  ::)


Title: Re: Bitcoin futures
Post by: Qartersa on December 10, 2017, 08:32:23 PM
This is the problem with the financial world and the current society actually. We are using old systems on new ones, but really it should have not been this way. Futures are a concept of the old and bitcoins are the new generation. The old is trying to control the new with they bitcoin futures. What does this entail for bitcoins? Well more volatility. Now we don't have to just look at the price of bitcoins while it is trading, we also need to check it with futures. For sure those old bold dudes at the wall street will find new creative ways to screw over the world like what they all did back in the financial crisis. Tough luck for everybody, I guess.


Title: Re: Bitcoin futures
Post by: ronics on December 11, 2017, 12:45:23 AM
We really need to trade it in bitcoin to earn at least even a small investment. Bitcoin is a bug trading company demanding work for people who want to believe it .bitcoin also has a great investment in who wants to join ,we are raising it and giving it a premium to everyone who wants to juggle it and it also helps people who need my job to boost your beliefs here and the bitcoin .we work with him .good for investment also and other way to live here bitcoin..


Title: Re: Bitcoin futures
Post by: Soots on December 11, 2017, 01:11:36 AM
Bitcoin has good future. Now, many more people join bitcoin because with bitcoin many people get reward. So it can diminish unemployed person :)

Bitcoin has a great future as it still increase as of this moment, though there might a little fall since it was been part of the system. As far as I remember the value of bitcoin last year is around 600USD which become much more value compare on todays value and still increasing nearly 20,000USD. Well for sure by next as my speculation, it will surpass on that possible amount that can earn much more money as many investors want to earn as well as the people in the community. Bitcoin is really habe a good and bright future that can have a profitable today and in the future that makes everyone of us happy and comfortable.


Title: Re: Bitcoin futures
Post by: vickycoin05 on December 11, 2017, 09:54:18 PM
Bitcoin future will be bright as speculators keep on speculating the price of bitcoin will keep on growing high. More investors will invest in bitcoin and government of many countries will adopt bitcoin as their secondary money, so to that bitcoin will sustain it market value and it exchange rate will skyrocketed to as high as $50000 in the next few years to come.

As I gaining knowledge about bitcoin I realized on how amazed the bitcoin has. It brings everyone to ahead one step higher to there way of living as bitcoin helps them to earn. I would say the bitcoin future will be brighter as brither of the sun that still increasing its value from time to time unexpectedly and I believed that it will continue in the future.


Title: Re: Bitcoin futures
Post by: Pettuh4 on December 11, 2017, 10:34:27 PM
Bitcoin future will be bright as speculators keep on speculating the price of bitcoin will keep on growing high. More investors will invest in bitcoin and government of many countries will adopt bitcoin as their secondary money, so to that bitcoin will sustain it market value and it exchange rate will skyrocketed to as high as $50000 in the next few years to come.

As I gaining knowledge about bitcoin I realized on how amazed the bitcoin has. It brings everyone to ahead one step higher to there way of living as bitcoin helps them to earn. I would say the bitcoin future will be brighter as brither of the sun that still increasing its value from time to time unexpectedly and I believed that it will continue in the future.

If the current demand  for it keeps increasing then why not it will also keep growing in value on the market and the future  for the long term investors are getting richer and richer. I believe in bitcoin's future and it has been a dream of mine since i got to know bitcoin to keep pilling them up until i make so much on it to be able to sell back for profit.


Title: Re: Bitcoin futures
Post by: Deathgamer on December 11, 2017, 10:52:43 PM
As i can see for the next few years, bitcoin will dominate the economy. It will be the number one crypto currency sooner. This has reached the highest exchange value at present so anticipated that it will still go higher and higher as time passes by. This has been so amazing since this has motivated a lot of user. We strive harder in order to invest in the right time and eventually we get bigger in return. That is absolutely very favorable to us since we benefit a lot with bitcoin. I can also see that we would have cashless society for the next twenty years. We ni longer have to bring bulky amount of money instead we would just bring our gadget with wallet then transact everything through bitcoin.


Title: Re: Bitcoin futures
Post by: Gameflip ICO on December 11, 2017, 10:58:59 PM
As we can see now, futures played positive role so far in Bitcoin's rate.


Title: Re: Bitcoin futures
Post by: XinXan on December 13, 2017, 10:46:52 PM
As far as I know, bitcoin futures does not affect bitcoin price directly. When you buy buy futures, you can go short or long on bitcoin futures, and by that you expect the price to go down or up respectively, in order for you to have a profit (but you are not buying or selling bitcoin).

The "problem" with futures, is that you can now win money if the bitcoin price goes down. What everyone is saying" is that there is a great opportunity to buy bitcoin before the futures goes live, and by doing this you are making it's price go up (specially if you are a whale, like the Wall Street guys are). When futures go live, those guys can just short bitcoin, and at the same time sell the bitcoins they've bought before the futures went live. Since they have plenty of money, they might be able to have some influence on the bitcoin price, so by selling coins, they will be winning on the short they did on futures, and will cash out some profit out of the bitcoin sale as well.

After this they can go long on bitcoin futures, and at the same time buy bitcoin that is now at a shorter price, and again win on both sides. Of course this is not that linear, and the market will still be unpredictable, but this is a possible set up made by Wall Street whales, and this might be a way for the futures market to influence bitcoin price.

Thank you for a clear answer :)

I suspected this was the case, ie that futures trading itself has no impact on the bitcoin price, but rather adds an incentive to manipulate the bitcoin price.

However, is it not just as likely for the whales to go long & manipulate the price upwards as it is downwards?

Maybe but Wall Street whales aren't going to invest a lot of money into bitcoin simply because it's too volatile. If many of them work together they could do anything they want with bitcoin's price but that would be market manipulation which is illegal.

How is such a thing proven? has there been any cases where people have been found guilty?

Because I feel in order to not bet against (& screw up) each other A LOT of whales have to come together and bet in the same direction.

Well yea, plenty of cases. I feel that it would be much more obvious with bitcoin since the volume isn't really that high.
https://www.fbi.gov/news/stories/trader-sentenced-in-spoofing-case-involving-market-manipulation

It's not easy to get caught but it's not impossible either.


Title: Re: Bitcoin futures
Post by: AidenCasanova on December 14, 2017, 03:39:33 AM
As far as I know, bitcoin futures does not affect bitcoin price directly. When you buy buy futures, you can go short or long on bitcoin futures, and by that you expect the price to go down or up respectively, in order for you to have a profit (but you are not buying or selling bitcoin).

The "problem" with futures, is that you can now win money if the bitcoin price goes down. What everyone is saying" is that there is a great opportunity to buy bitcoin before the futures goes live, and by doing this you are making it's price go up (specially if you are a whale, like the Wall Street guys are). When futures go live, those guys can just short bitcoin, and at the same time sell the bitcoins they've bought before the futures went live. Since they have plenty of money, they might be able to have some influence on the bitcoin price, so by selling coins, they will be winning on the short they did on futures, and will cash out some profit out of the bitcoin sale as well.

After this they can go long on bitcoin futures, and at the same time buy bitcoin that is now at a shorter price, and again win on both sides. Of course this is not that linear, and the market will still be unpredictable, but this is a possible set up made by Wall Street whales, and this might be a way for the futures market to influence bitcoin price.
this post explain alot of thing to me about BTC future
if that's what happen as long as legal and this method is already used since old time in japan, we just can watch and learn from it
if we can make profit from it, let's take that opportunity
just like people said, ride the waves and also becareful not to drown


Title: Re: Bitcoin futures
Post by: Jedie22 on December 14, 2017, 05:07:01 AM
As i can see for the next few years, bitcoin will dominate the economy. It will be the number one crypto currency sooner. This has reached the highest exchange value at present so anticipated that it will still go higher and higher as time passes by. This has been so amazing since this has motivated a lot of user. We strive harder in order to invest in the right time and eventually we get bigger in return. That is absolutely very favorable to us since we benefit a lot with bitcoin. I can also see that we would have cashless society for the next twenty years. We ni longer have to bring bulky amount of money instead we would just bring our gadget with wallet then transact everything through bitcoin.

If I will base on the previous performance of bitcoin especially this year, definitely bitcoin has a bright future. Nowadays, its value bubbles up for just short period of time that really record breaking performance. If there will be more country regonized and legalized bitcoin for sure thats value is not just like that amount expecting it to increase. Also, many speculations that bitcoin will burst and totally go down its value but it doesn't happened at all infact its value still increasing and gaining more profit to those investors and users. Well, obviously as the bitcoin increasing there will also some bad speculations so that the value will decrease and grabbing a good opportunity to those users and investors to invest and vise versa which is also depends the supply and demands in the society. I believed that bitcoin will continue and overcome the different obstacles that may encountered in the future.


Title: Re: Bitcoin futures
Post by: reijusama2583 on December 17, 2017, 03:38:16 PM
Well I think bitcoin will never end because it was well known and useful to everyone so that it will never gone through out the years that will come. Bitcoin helps a lot of poor people specially on the third world countries they give an employment on them that is why they can contribute on the society that they were belong and because of that many people surpass their own dilemmas because of bitcoin. Bitcoin will never lose because many people have a benefit on it and it is some how a solution on a economy that was devastated and because of that it will continue to progress.


Title: Re: Bitcoin futures
Post by: RamonBTC on December 17, 2017, 03:48:25 PM
To be confused and concerned of new things is normal but thinking about negative effects of that is unnecessary. You have to trust the system and give chance to it. And we should always take a glimpse about what it can bring in a more positive way.


Title: Re: Bitcoin futures
Post by: alexsandria on December 17, 2017, 04:11:46 PM
Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me :)

Bitcoin is very useful in many ways in our world today. This bitcoins are used as a digital currency that somehow we can use to buy things. We also can use it as a sourcr of income for those who doesn't have any jobs. Bitcoin future for me will somehow be bright in a sense that it will be famous and it will be somehow progressive in the future.


Title: Re: Bitcoin futures
Post by: Dmitry.Vastov on December 18, 2017, 09:59:37 AM
Bitcoin had a good past and have a very bright present,but its future is quite uncertain. Bitcoin future  will be depends upon by its past achievements. Many economist predict that bitcoin will a bright future because of its increasing price at international market. Many developed country like japan using bitcoin as payment method. Amazon like online shopping company thinking about bitcoin for trading with their goods. These thing boost its popularity and also guide it towards a bright future.  :)


Title: Re: Bitcoin futures
Post by: Forhadm on December 18, 2017, 11:04:32 AM
Bitcoin future is really good because Bitcoin is now an interesting currency also be an international currency of the world of all others bank Bitcoin is the place of first ranking may be and I thought it's future was so good .


Title: Re: Bitcoin futures
Post by: Rajamuda on December 18, 2017, 11:51:48 AM
Just thinking positively, I'm sure bitcoin would be still giving its best side until the future, it remain be strong because of more support I guess. Whatever many people do over time with bitcoin, I'm sure most people certainly have a different activities and I'm sure bitcoin still tends to moving higher that's affected by all the activities that everyone does.


Title: Re: Bitcoin futures
Post by: screwUdriver on December 18, 2017, 11:53:34 AM
Bitcoin future is really good because Bitcoin is now an interesting currency also be an international currency of the world of all others bank Bitcoin is the place of first ranking may be and I thought it's future was so good .
bitcoin are not a mania, it's the gold of the future ... Interest in bitcoin will continue to grow. If there is a crisis in the future,  sooner or later there will, next financial crisis to have a good impact on the price of bitcoin


Title: Re: Bitcoin futures
Post by: Granxis on December 18, 2017, 05:53:30 PM
It is very difficult to comment on the future of Bitcoin, I can comment for 2018. But it is impossible to predict for a long time. Why is it impossible ? Because technology is constantly advancing. Nobody can stop this progress. If one day a more technological and useful coin emerges than Bitcoin, our guesses will be wrong.


Title: Re: Bitcoin futures
Post by: szpalata on December 18, 2017, 07:31:46 PM
To me the future is glaring for all to see due to the rise in demand  for bitcoin on a daily basis, the main driving force of bitcoin;'s growth and existence is the people  who create the demand and so if more and more people are embracing and adopting bitcoin then it goes to tell us that the future is really bright and bitcoin will keep growing.


Title: Re: Bitcoin futures
Post by: akihiro101117 on December 18, 2017, 07:34:04 PM
only demand and supply affect bitcoin price.
since bitcoin has a limited supply, if the demand for it increases, the price of 1 btc also increases.


Title: Re: Bitcoin futures
Post by: Forcesweets on December 18, 2017, 09:47:11 PM
To me the future is glaring for all to see due to the rise in demand  for bitcoin on a daily basis, the main driving force of bitcoin;'s growth and existence is the people  who create the demand and so if more and more people are embracing and adopting bitcoin then it goes to tell us that the future is really bright and bitcoin will keep growing.

Don't you afraid of fact that futures buyers invest money not in crypto, but in financial instrument? Nowadays the Wall Street investors pump bitcoin with futures price, tomorrow they can dump market...


Title: Re: Bitcoin futures
Post by: UsernameBitcoin on December 18, 2017, 11:11:52 PM
Bitcoin futures is going to likely lead to the price falling. I have seen this happen to many markets before including recently Bitcoin Gold where the future market tanked just before the coin came out. So I think BTC is going to crash soon after the future market gets going.


Title: Re: Bitcoin futures
Post by: Naoko on December 19, 2017, 02:04:00 PM
I don't think that bitcoin will fall the next couple of years, but we need to solve the issue with long transactions...bitcoin can thus lose the interst to itself...it becomes inconvenient to work with it


Title: Re: Bitcoin futures
Post by: sana54210 on December 19, 2017, 02:36:51 PM
Bitcoin future will be bright as speculators keep on speculating the price of bitcoin will keep on growing high. More investors will invest in bitcoin and government of many countries will adopt bitcoin as their secondary money, so to that bitcoin will sustain it market value and it exchange rate will skyrocketed to as high as $50000 in the next few years to come.

As I gaining knowledge about bitcoin I realized on how amazed the bitcoin has. It brings everyone to ahead one step higher to there way of living as bitcoin helps them to earn. I would say the bitcoin future will be brighter as brither of the sun that still increasing its value from time to time unexpectedly and I believed that it will continue in the future.

If the current demand  for it keeps increasing then why not it will also keep growing in value on the market and the future  for the long term investors are getting richer and richer. I believe in bitcoin's future and it has been a dream of mine since i got to know bitcoin to keep pilling them up until i make so much on it to be able to sell back for profit.
A lot of questions were raised with the entrance of the futures market but for now, it seems things are still going pretty well even though some people still believe there could be some level of manipulation in the long run. Bitcoin is a strong growing world that is going to keep growing and that really in itself gives it a future that no one can terminate. So for now, we just have to stay optimistic.

As we can see now, futures played positive role so far in Bitcoin's rate.
Sure, they are really playing some positive rates but I still have my doubts though. I trust my enemies more than I can trust those guys on the wall street. It is in their blood, and even as much as this could be some tough market, they may want to try some stunts, but I want to believe the market is ready for them and they will get whatever they want to ask for if they try any stuff eventually.


Title: Re: Bitcoin futures
Post by: justdimin on December 20, 2017, 05:25:38 AM
As i can see for the next few years, bitcoin will dominate the economy. It will be the number one crypto currency sooner. This has reached the highest exchange value at present so anticipated that it will still go higher and higher as time passes by. This has been so amazing since this has motivated a lot of user. We strive harder in order to invest in the right time and eventually we get bigger in return. That is absolutely very favorable to us since we benefit a lot with bitcoin. I can also see that we would have cashless society for the next twenty years. We ni longer have to bring bulky amount of money instead we would just bring our gadget with wallet then transact everything through bitcoin.
I would not be surprised even though we cannot say which year this is going to end up being but one thing I can assuredly say is that it would have some pretty huge effect on the economy.

I have seen some pictures or memes showing where USD is being buried by some of the coins in the market attending the funeral, and we cannot really say what the future may hold or how entrance of the future markets may be like, but I am sure there is a great future.


Title: Re: Bitcoin futures
Post by: radjie on December 20, 2017, 05:52:18 AM
I do not know what will happen to bitcoin in the future. because bitcoin is very difficult to predict and bitcoin is also unstable, so we can not predict what will happen to this bitcoin. may become extinct and maybe bitcoin can also become an internaonal currency. let it all go with the time


Title: Re: Bitcoin futures
Post by: fuer44 on December 20, 2017, 06:02:23 AM
the current price of bitcoin mecapai 16830.51 US Dollar. but I begin to doubt when some countries plan to banned bitcoins. thinking of the worst thing that will happen to bitcoin in the future, starts to scare me if bitcoin really gets lost.


Title: Re: Bitcoin futures
Post by: Kevin77 on December 20, 2017, 11:44:22 AM
To be confused and concerned of new things is normal but thinking about negative effects of that is unnecessary. You have to trust the system and give chance to it. And we should always take a glimpse about what it can bring in a more positive way.
Well, confusion can be driven by a lot of factors and I am not surprised if anyone is. This is an investment and even as much as so many people trust the system, there are still some doubts with the futures market which we all know the wall street guys are full of pranks.

Although, I would not really be much bothered about this in the long run. This is something that would keep on moving higher and it is a monster that cannot be stopped in as much as the wall street dudes may want to try out their manipulations.


Title: Re: Bitcoin futures
Post by: Harley29 on December 20, 2017, 05:03:20 PM
Bitcoin future will be bright as speculators keep on speculating the price of bitcoin will keep on growing high. More investors will invest in bitcoin and government of many countries will adopt bitcoin as their secondary money, so to that bitcoin will sustain it market value and it exchange rate will skyrocketed to as high as $50000 in the next few years to come.

As I gaining knowledge about bitcoin I realized on how amazed the bitcoin has. It brings everyone to ahead one step higher to there way of living as bitcoin helps them to earn. I would say the bitcoin future will be brighter as brither of the sun that still increasing its value from time to time unexpectedly and I believed that it will continue in the future.

If the current demand  for it keeps increasing then why not it will also keep growing in value on the market and the future  for the long term investors are getting richer and richer. I believe in bitcoin's future and it has been a dream of mine since i got to know bitcoin to keep pilling them up until i make so much on it to be able to sell back for profit.
Bitcoin future is very bright and future because bitcoin have still a very big demand in this world not only rich countries are trying to accept bitcoin but also some poor countries are also trying to join bitcoin in this year rich and some poor countries accept bitcoin and some banks also start accepting bitcoin so every country which are still not a part of bitcoin they also want improve their economy and I’m sure that in 2018 bitcoin will reached to many countries which will increase it price more.


Title: Re: Bitcoin futures
Post by: william8829 on December 20, 2017, 05:25:06 PM

Ok, so you don't understand why something that is being traded in fiat would have any effect in bitcoin themselves, right? I'm not an expert myself in futures but this guy did a pretty good analysis:

https://masterthecrypto.com/will-bitcoin-futures-affect-bitcoin-prices/

It seems that, for example, for gold it didn't work too well short term but eventually was meaningless so you might be right. Bitcoin might not be affected at all by it. However because bitcoin is purely speculative right now, I'm sure it will drive the price even higher, hard to tell right now because it's already climbing hard anyways.

So basically its only value to the Bitcoin market is the headlines it may potentially make  because we do know that news affects the price.  A headline that reads, "Bitcoin futures market doubles over night", would most likely have a positive effect on Bitcoins price.


Title: Re: Bitcoin futures
Post by: bitcad4u on December 20, 2017, 06:02:05 PM

Ok, so you don't understand why something that is being traded in fiat would have any effect in bitcoin themselves, right? I'm not an expert myself in futures but this guy did a pretty good analysis:

https://masterthecrypto.com/will-bitcoin-futures-affect-bitcoin-prices/

It seems that, for example, for gold it didn't work too well short term but eventually was meaningless so you might be right. Bitcoin might not be affected at all by it. However because bitcoin is purely speculative right now, I'm sure it will drive the price even higher, hard to tell right now because it's already climbing hard anyways.

So basically its only value to the Bitcoin market is the headlines it may potentially make  because we do know that news affects the price.  A headline that reads, "Bitcoin futures market doubles over night", would most likely have a positive effect on Bitcoins price.




The future of bitcoin was good only because it's a digital currency and it rate was increased day by day.All the investors will get profit for sure.As of now the price is low,so even now you can inverse for your future and will get more profit from bitcoin.Bitcoin will have bright future as long as investor inverse their money.


Title: Re: Bitcoin futures
Post by: Emem29 on December 31, 2017, 12:22:37 PM
Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me :)


The future of bitcoin is be a number one wprld best currency in the whole world, becuase bitcoin is highly potential coin that give us to live a better life. Bitcoin is a good to earn money, hope bitcoin will become the most valuable currency, not only cryptocurremcy.


Title: Re: Bitcoin futures
Post by: Don Pedro Dinero on December 31, 2017, 12:30:01 PM
I know that correlation doesn’t imply causation, but it doesn’t falsify causation either. I’m saying this because futures launch may have had some influence in the bitcoin downward trends. First futures were launched on December 10th (CBOE ones), and the seconds on the 18th (CME ones). Both were followed by downward trends, especially CME ones, that are the most important.


Title: Re: Bitcoin futures
Post by: olushakes on December 31, 2017, 12:53:08 PM
I know that correlation doesn’t imply causation, but it doesn’t falsify causation either. I’m saying this because futures launch may have had some influence in the bitcoin downward trends. First futures were launched on December 10th (CBOE ones), and the seconds on the 18th (CME ones). Both were followed by downward trends, especially CME ones, that are the most important.

That is exactly the concern about the bitcoin futures as a lot of people would be poorer while the other would become richer. In this case of crash in price,  I am sure a lot of people would have entered into the contract without the mindset that the price could fall this low. Now they blame themselves rather than taking decision when the need arises, they have been deceived to think they can influence the future.


Title: Re: Bitcoin futures
Post by: eaLiTy on December 31, 2017, 01:29:23 PM
In theory, futures should be backed by real bitcoin holdings which the issuers of the futures would hold, but im not sure... I think futures is just legal institutional gambling. Wall Street will try to control the price through futures. It depends on how stupid the market is to let themselves get manipulated by the price of something that is not even real Bitcoin. We are dealing with billionaire weasels now, it's a new different level never seen before in Bitcoin.

My recommendation: Ignore futures and it's price, and only trade real bitcoins directly, anything that isn't this is on the scammy side.
Stock trading is another form of institutional gambling and so is the case with future trading,since bitcoin futures is trading with dollars,the level of manipulation from big time whales will be huge and thereby they could crash the price by pumping in dollars,but the general feeling is that there is not much interest in the future trading market as expected and may be it is the reason we are seeing major swings in the price .


Title: Re: Bitcoin futures
Post by: iqlimasyadiqa on December 31, 2017, 01:42:14 PM
In theory, futures should be backed by real bitcoin holdings which the issuers of the futures would hold, but im not sure... I think futures is just legal institutional gambling. Wall Street will try to control the price through futures. It depends on how stupid the market is to let themselves get manipulated by the price of something that is not even real Bitcoin. We are dealing with billionaire weasels now, it's a new different level never seen before in Bitcoin.

My recommendation: Ignore futures and it's price, and only trade real bitcoins directly, anything that isn't this is on the scammy side.
Stock trading is another form of institutional gambling and so is the case with future trading,since bitcoin futures is trading with dollars,the level of manipulation from big time whales will be huge and thereby they could crash the price by pumping in dollars,but the general feeling is that there is not much interest in the future trading market as expected and may be it is the reason we are seeing major swings in the price .
Trading is a very difficult thing to predict and even we often see an unexpected thing. So that all the events that sometimes there is always the effect of the luck factor. I'm not quite sure of the state of the Bitcoin price, so it will all go on and run by itself, we will follow the Bitcoin price movement and we should all be able to make the most of it.


Title: Re: Bitcoin futures
Post by: warwar on December 31, 2017, 01:52:10 PM
In theory, futures should be backed by real bitcoin holdings which the issuers of the futures would hold, but im not sure... I think futures is just legal institutional gambling. Wall Street will try to control the price through futures. It depends on how stupid the market is to let themselves get manipulated by the price of something that is not even real Bitcoin. We are dealing with billionaire weasels now, it's a new different level never seen before in Bitcoin.

My recommendation: Ignore futures and it's price, and only trade real bitcoins directly, anything that isn't this is on the scammy side.
Stock trading is another form of institutional gambling and so is the case with future trading,since bitcoin futures is trading with dollars,the level of manipulation from big time whales will be huge and thereby they could crash the price by pumping in dollars,but the general feeling is that there is not much interest in the future trading market as expected and may be it is the reason we are seeing major swings in the price .
Trading is a very difficult thing to predict and even we often see an unexpected thing. So that all the events that sometimes there is always the effect of the luck factor. I'm not quite sure of the state of the Bitcoin price, so it will all go on and run by itself, we will follow the Bitcoin price movement and we should all be able to make the most of it.

Trading is difficult to predict but still you can have an instances that the coin will pump example if the coin has a good news, new development of the coin or other development that could lead to a rising price. I think it is not more on luck in trading it is on low luck but mostly on strategy and gathering new news about the coin youve invested on because of that it mostly lead to good news.

On the bitcoin side the future of bitcoin is very bright and we all know that because of its price and a lot more people are investing bitcoin to gain more profit so it would be a good future for bitcoin and holder of it.


Title: Re: Bitcoin futures
Post by: cheann20 on December 31, 2017, 02:05:48 PM
Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me :)

The future of bitcoin is, to help people to live a better life, it can help us to be an responsible specialy in our family. And the future of bitcoin is to be a papular so, many people will want to buy nad invest in bitcoin


Title: Re: Bitcoin futures
Post by: Tyronthegreat on January 01, 2018, 02:29:30 AM
I think bitcoin will conquer the world interest and always be the best cryptocurrency choice of all people.


Title: Re: Bitcoin futures
Post by: dvillier on January 01, 2018, 07:12:08 AM
Well I figure bitcoin will never end since it was notable and helpful to everybody with the goal that it will never experienced out the years that will come. Bitcoin helps a considerable measure of needy individuals exceptionally on the underdeveloped nations they give a work on them that is the reason they can contribute on the general public that they were have a place and due to that many individuals outperform their own predicaments in view of bitcoin. Bitcoin will never lose in light of the fact that many individuals have an advantage on it and it is some how an answer on an economy that was crushed and in view of that it will keep on progressing.


Title: Re: Bitcoin futures
Post by: pluMmet on January 01, 2018, 08:06:53 AM
The future of bitcoin seems to be good, see the value that continues to good and a lot of her users will make bitcoin still survive in addition for bitcoin not so difficult in understand that became one factor is getting a lot of her users bitcoin


Title: Re: Bitcoin futures
Post by: Xenoph0bia on January 01, 2018, 12:06:10 PM
Well I figure bitcoin will never end since it was notable and helpful to everybody with the goal that it will never experienced out the years that will come. Bitcoin helps a considerable measure of needy individuals exceptionally on the underdeveloped nations they give a work on them that is the reason they can contribute on the general public that they were have a place and due to that many individuals outperform their own predicaments in view of bitcoin. Bitcoin will never lose in light of the fact that many individuals have an advantage on it and it is some how an answer on an economy that was crushed and in view of that it will keep on progressing.
The future of bitcoin is not predictable because bitcoin is a volatile kind of investment.The price of bitcoin depends on the market demand or the demand of the users.Initially bitcoin was just like any other product in the market that if no one used it or bought it,the price will go down.Today the price of bitcoin is touching the sky and it is rising because more and more people are now believing in bitcoin and are enrolling themselves in bitcoin.It is a dream of every person to get rich and bitcoin is the easiest way of getting rich.So the future of bitcoin is safe and secured if we observe the situation in the market.


Title: Re: Bitcoin futures
Post by: soenaderecho10 on January 01, 2018, 12:33:46 PM
Well I figure bitcoin will never end since it was notable and helpful to everybody with the goal that it will never experienced out the years that will come. Bitcoin helps a considerable measure of needy individuals exceptionally on the underdeveloped nations they give a work on them that is the reason they can contribute on the general public that they were have a place and due to that many individuals outperform their own predicaments in view of bitcoin. Bitcoin will never lose in light of the fact that many individuals have an advantage on it and it is some how an answer on an economy that was crushed and in view of that it will keep on progressing.
The future of bitcoin is not predictable because bitcoin is a volatile kind of investment.The price of bitcoin depends on the market demand or the demand of the users.Initially bitcoin was just like any other product in the market that if no one used it or bought it,the price will go down.Today the price of bitcoin is touching the sky and it is rising because more and more people are now believing in bitcoin and are enrolling themselves in bitcoin.It is a dream of every person to get rich and bitcoin is the easiest way of getting rich.So the future of bitcoin is safe and secured if we observe the situation in the market.


For me bitcoin future is to become a popular in whole world and the value of this currency will increase and theres lot of people investing and holder of this currency..


Title: Re: Bitcoin futures
Post by: Metherry on January 01, 2018, 01:48:36 PM
A futures contract is a binding agreement between any two parties where Mr. A will buy originally from Mr. B and thus can know whether the price will rise in the future or decrease and then he can make profits in this period.

As for party A, he can obtain liquidity without fear of price fluctuation or the loss of some money.
so you can say
futures is only give you real use of bitcoins with some of escrow when price crashing.

Speculations are before purchase and therefore can yield profits or losses.


Title: Re: Bitcoin futures
Post by: farwellbit on January 04, 2018, 06:08:33 AM
I do not know what will happen to bitcoin in the future. because bitcoin is very difficult to predict and bitcoin is also unstable, so we can not predict what will happen to this bitcoin. may become extinct and maybe bitcoin can also become an internaonal currency. let it all go with the time
The present is good and so will be the future because people from all over the globe are investing in bitcoin and due to a high volume of investment the price is growing more and more. I think in the future bitcoin will be the mainstream and all people will use it for their daily expenditures. Many big markets have already started accepting bitcoin as their regular payments and the rest will be soon.


Title: Re: Bitcoin futures
Post by: Renal on January 04, 2018, 06:56:26 AM
One of the reasons why Bitcoin exists, is that in the future, humans need an economic security system that is very secure, secure, self-regulating, and even valuable.


Title: Re: Bitcoin futures
Post by: BILGPS on January 04, 2018, 07:42:32 AM
Bitcoin is good for the future because the people are moving to the crypto world and they are happy with the trend. bitcoin is very famous among the businesses and the educated people have started working for bitcoin and they are using this for different things. Those who have earned bitcoin they are now the big investors of bitcoin and they are also holding good reserve of altcoin as well.


Title: Re: Bitcoin futures
Post by: biskitop on January 04, 2018, 07:55:20 AM
Bitcoin will continue to exist in the future and its value will continue to rise. Bitcoin uses blockchain technology, and I think it would be hard to get banned


Title: Re: Bitcoin futures
Post by: kevpantof on January 04, 2018, 03:13:16 PM
As i can see for the next few years, bitcoin will dominate the economy. It will be the number one crypto currency sooner. This has reached the highest exchange value at present so anticipated that it will still go higher and higher as time passes by. This has been so amazing since this has motivated a lot of user. We strive harder in order to invest in the right time and eventually we get bigger in return. That is absolutely very favorable to us since we benefit a lot with bitcoin. I can also see that we would have cashless society for the next twenty years. We ni longer have to bring bulky amount of money instead we would just bring our gadget with wallet then transact everything through bitcoin.
I would not be surprised even though we cannot say which year this is going to end up being but one thing I can assuredly say is that it would have some pretty huge effect on the economy.

I have seen some pictures or memes showing where USD is being buried by some of the coins in the market attending the funeral, and we cannot really say what the future may hold or how entrance of the future markets may be like, but I am sure there is a great future.
The future of bitcoin is very bright because it is the world number one crypto. I feel that in the next year its price will hit 30000 dollars which is a huge amount. The investors will make thousands of dollars from their investment. Bitcoin is the leading cryptocurrency and now many countries have legalized bitcoin as their regular currency. One can use his bitcoin anywhere in the world for his purchases.


Title: Re: Bitcoin futures
Post by: Xenoph0bia on January 21, 2018, 05:29:09 PM
As i can see for the next few years, bitcoin will dominate the economy. It will be the number one crypto currency sooner. This has reached the highest exchange value at present so anticipated that it will still go higher and higher as time passes by. This has been so amazing since this has motivated a lot of user. We strive harder in order to invest in the right time and eventually we get bigger in return. That is absolutely very favorable to us since we benefit a lot with bitcoin. I can also see that we would have cashless society for the next twenty years. We ni longer have to bring bulky amount of money instead we would just bring our gadget with wallet then transact everything through bitcoin.
I would not be surprised even though we cannot say which year this is going to end up being but one thing I can assuredly say is that it would have some pretty huge effect on the economy.

I have seen some pictures or memes showing where USD is being buried by some of the coins in the market attending the funeral, and we cannot really say what the future may hold or how entrance of the future markets may be like, but I am sure there is a great future.
The future of bitcoin is very bright because it is the world number one crypto. I feel that in the next year its price will hit 30000 dollars which is a huge amount. The investors will make thousands of dollars from their investment. Bitcoin is the leading cryptocurrency and now many countries have legalized bitcoin as their regular currency. One can use his bitcoin anywhere in the world for his purchases.
The future of bitcoin is safe and secure.The users of bitcoin are increasing day by day.Digitization is going on so the cryptocurrencies are getting famous.More and more people are now into bitcoin.Bitcoin is the medium to earn money in a faster way.Bitcoin is now being legalised in some nations.Many nations are now accepting bitcoin.Transactions through bitcoin are much more easier than the normal ones.People have started believing in bitcoin now a days.


Title: Re: Bitcoin futures
Post by: Anonylz on January 21, 2018, 05:40:24 PM
The future of bitcoin is safe and secure.

HAHAHA SERIOUSLY? HOW CAN YOU BE POSTING THIS? This is how you use to increase your activity in here?

No offense, but it is bullshit, i have already reported your post and i really hope for your account to be tagged, this kind of posting in here is a shit, i can not understand why you aren't tagged.

What a dumbass..