Bitcoin Forum

Great news as the U.K launches her Futures. The last time US did same, the price of bitcoin increased fairly.
In like manner, this move by the UK can reverse the downward movement of bitcoin prices.

ok let's watch. but i would not be that positive

the fresh breeze blew the song again. one by one country join and create cryiptocurrency respectively. as well as bitcoin and altcoin prices will continue to improve.

Well that's good news to affect the bitcoin price increasing but how can we that news are true.
There's any link about the news?

They are just embracing the future currency that is soon to overtake the social market ,this will help greatly in the Economics status of the country and also librating the poor.

Well, let's hope for the best for our beloved bitcoin futures. This governments are implementing regulations and adopting the blockchain technology and i'm very excited on that part. I hope the market will recover very soon.

well, I hope this news will help the price of Bitcoin increase soon.

This is the link to the news: http://coinwar.xyz/2018/04/11/united-kingdom-launches-bitcoin-futures-via-coinfloorex/

Hello, this is the link: http://coinwar.xyz/2018/04/11/united-kingdom-launches-bitcoin-futures-via-coinfloorex/

This is definitely good news for Bitcoin, it shows that people at least trust crypto enough to believe it has a future enough worth investing in, even if not directly investing in crypto itself. Over time the UK will adopt a more direct approach and see investing in crypto directly as a suitable mode of financial growth.

This news is very promising. This is a quote from the article, ”Access to Coinfloor’s spot exchange enables investors to easily convert Bitcoin to Fiat currency post-physical delivery, creating opportunities for longer-term currency appreciation or through meeting Bitcoin-denominated obligation”. I have shared the link to the article in this thread.

Sure, the ultimate goal is to travel anywhere in the world and buy any item with your bitcoin credit card.

It is a really good development for Bitcoin to start trading on the basis of futures in a place where the heart of finance is such as Britain. Ultimately, cryptocurrencies and blockchain technology will restructure systems around the world. It isn't possible to prevent it no longer.

About time this happened. This is a great opportunity for bitcoin.
Interesting to see what price bitcoin can reach this time.

Yeah, CME and CBoE bitcoin future contract offerings in December really push the price to its all-time-high. However, after that the price went on a spiral and we bottom at $6K with almost 80% downtrend. I'm not saying that the UK bitcoin future contracts is going to bad on the market, what I'm trying to say is that we have seen what happen before, and I hope that the pattern will not be the same.

Currently the price goes up around $8500 which is a good sign that maybe this announcement made a lot of UK investors push their cash on the market. But lets see, its too early to say what's the effect long term.

This is great if it is right to do and I think it could increase the price of bitcoin again, I think everything will go smoothly.

The United Kingdom does not want to be left behind with this kind of innovation. They also seen the beauty of bitcoin and thus they also launched bitcoin futures. This is a good move and could help bitcoin to prosper and eventually it could help bitcoins value to increase more further. Hope with this activities the world will accept bitcoin and the masses will also come in.

The UK launches Bitcoin Futures. This is a very good news for Bitcoin lovers in the UK and Bitcoin investors. Because this will enable Bitcoin to gain more popularity in the UK. As a result, people will become more interested in trading and be investing in bitcoin. And as a result, Bitcoin will be much more popular in the online world and its position will be stronger and stronger.

Bitcoin futures jumped more than 20 percent on their debut on Monday, forcing the main US derivatives exchange to halt trading twice as Wall Street attempted to ride a wave of interest in the controversial digital currency.

It's just an exchange that launched it, and a tiny one in the global scheme of things.

The sum total of the British government's position on all crypto is a few pages from four years ago from the tax man as far as I can tell.

The UK appears not to care in the slightest and may well find themselves totally left behind compared to the more proactive economies.

That might be a good move by the UK and maybe it will be imitated by many countries in the world, and I hope it will bring a good impact for the future.

The launch of bitcoin futures gives legitimacy over the criptocurrency in the eyes of institutional investors. Bitcoin will also gain second legitimacy after CME Group launches its own bitcoin futures next week.
Until now, bitcoin has been widely owned and traded by a number of entrepreneurs.
"The introduction of financial instruments provides the necessary market structure for institutions to allocate to cryptocurrency, which is a short-term and long-term positive,

Great! This shows that bitcoin is very developed in the world. Bitcoin will become an official currency in many countries. The UK has introduced a new bitcoin that demonstrates the potential for this currency to grow in the future. I hope Vietnam is the same.

This is a really good news that futures are introduced in the UK. It will slowly spread all over the world. And many countries will go towards development, people will be financially benefited. Ultimately, Cryptocoarbys Blockcan technology will be installed around the world. It can not be stopped.

yes, the CoinfloorEX service seems very interesting, let's see the outcome it brings.

I think futures is like making bet. Maybe I am wrong, but since futures begin chicago bitcoin price drop more than 50%. But hopely with bitcoin futures inviting many investment firm and make cryptomarket rising again

Its nice that the uNited Kingdom gives a bitcoin a great consideration. 
Through the activities made by United kingdom many people will be glad because this thing will raise a huge amount of income for their or our future which is very good thing.

The UK always seemed to me crypto friendly, so I find this news as a rather normal development.
I wouldn't call it such a news. But nowadays, since Bitcoin is mainly uptrend, everything became again great news.

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

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

Yes, those could be good news, and from what I've heard they should be doing it next month. The first time I've heard that was on the 14th March on coindesk, so who knows if this last run on the prices wasn't already marketing that. Only a few days left for the end o the month, so I guess we will find out soon. NASDAQ seems to be keeping it's interest, now that it will partner with Gemini in order to track BTC prices, although it seems they won't be exchanging BTC soon, since they are waiting for more regulation, and a more mature market.

yes its really good news and it will help bitcoin to increase its price.
but u should know that bitcoin price will increase later too but this kind of good news boost the holder and hold btc for future

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

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

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

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

If I remember correctly when future contracts were launched in the CME market, the BTC started to fall and not increase. So knowing that a future will be launched in the UK will not give me hope.

What do you mean? is the future of bitcoin will be all the same thing over and over? value of bitcointalk wont be based to these news,or fundamentals because most of the people are using technical analysis with their trades which is why it is necessary to check if the t.a is good,those fundamentals will only support the technicala analysis.

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

Like said before, it's just a small exchange that initiated this. The uk hasn't done anything for crypto the past years.

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

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


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


I was right on this. You expect too much from politicians... :)

I would say futures are actually bad for the bitcoin market. After the futures ended is when the bitcoin price started plummeting. Futures pump up the price artificially

This is very good news and this is completely unexpected from the country like US who has initially banned bitcoin, has took such a great initiative for the bitcoin and launches bitcoin futures and i wish all other countries will also understand the potential of bitcoin and i wish india should be the first in this because in india the conditions are quite different with the bitcoin, in the current scenerio indian government is totally opposite to all cryptocurrencies, so i really want that india take initiate to legalize bitcoin in its nation and could realize the fact that btc has that potential that it could reduce the poverty of india.

As such, Coinfloor claims to have launched the “first physically delivered cryptocurrency futures contract” through its newly created crypto exchange, Coinfloorex. The contracts were “created to protect investors and traders against price slippage on positions at time of settlement, as well as concerns of market manipulation.”

This is really a happy news for Bitcoin. The belief in Bitcoin is going to increase now. People will not doubt in the future to invest in bitcoin or will not feel the risk. Together with the change of the era, more direct method will be adopted in the UK and directly invested as a suitable mode of growth in the crypto. I thank the UK many thanks for taking such a decision.

hopefully with the latest launch this can make bitcoin more developed again and not like yesterday the state of bitcoin is very lustrous. then it needs more advanced conditions of development, and can build.

Another positive news for the whole crypto communities even have some people making false news for the digital currency against the new technology of currency some country continue to learn about improtance of digital currency how to help in their country specially their people to give opportunity to earn using virtual currency.

This is good news for all investors. Bitcoin prices will increase sharply in the near future. The bitcoin market will grow.

it has been made sure that news like this will catapult the price of Bitcoin and expand its wings in every country as a digital currency and a digital money integrator.

and we'll see forwards, and we'll have a party.

Well, it's good to know that the adaptation of bitcoin are still increasing because it is true that the adaptation has a biggest impact to this system to have a better movements in cryptomarket so hopefully the adaptation process will continuously happened until all over the world are really adapting and leagalizing bitcoin so all of the people are enjoying the benefits and opportunities that came from it.

Yeah this is one thing i told on some bitter people that are always saying negative about bitcoin. As we all know that if there are negative issues with these people who do no believe on cryptocurrency then there are also group of individuals who supported and embrace bitcoin and this one is a good to inform those bitter people who do not believe in bitcoin. Well too bad for them not to take the advantage on bitcoin offers especially on its volatility.

we'll see, whether it will be able to compete with the price and popularity of bitcoin

On December 10, the Chicago Board of Exchange (CBOE) opened its doors for Bitcoin Futures Trading with XBT Instruments. For several days after the product was officially launched, the enthusiasm of Bitcoin's market players has made Bitcoin's value rise even higher, reaching an all-time high of $ 19,000 or $ 20,000 in some stock exchanges, including the UK.

I'm not saying that the UK bitcoin future contracts is going to bad on the market