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Title: WallStreetJournal - Nasdaq Plans to Launch Bitcoin Futures in First Half 2018 Post by: stompix on November 29, 2017, 06:26:45 PM I know it's more like something for the press section title but it's too important not to get a thread:
https://www.wsj.com/articles/nasdaq-plans-to-launch-bitcoin-futures-in-first-half-2018-1511968313?mod=e2tw Quote Nasdaq Inc. and broker Cantor Fitzgerald LP are looking to join the rush on Wall Street to trade bitcoin, which powered above $11,000 on Wednesday. Nasdaq aims to launch bitcoin futures in the first half of 2018, according to people familiar with the situation. Separately, Cantor said it is seeking to launch bitcoin derivatives on an exchange it owns, also in the first half of next year. The moves come after two major Chicago exchange operators announced similar plans for the digital currency. Quote One of the people said Nasdaq is trying to differentiate itself from rivals CME Group Inc. and CBOE Global Markets Inc.—the two Chicago exchange groups that have announced plans to launch bitcoin futures—by designing a futures contract that better tracks the world-wide price of bitcoin. Nasdaq has briefed market participants on its plans, this person added. So, Nasdaq and futures and derivatives. The news will probably make BTC price go nuts, we are seeing close to 11k right now. Forget the Moon, we're hitting Mars now. But with all the hype I must say that whenever I hear the words futures and derivatives I get a very very bad feeling. Title: Re: WallStreetJournal - Nasdaq Plans to Launch Bitcoin Futures in First Half 2018 Post by: CryptosapienZA on November 29, 2017, 06:33:20 PM I dont know how to feel about this. All I know is that I have not heard a single good thing about these futures, besides pumping the price. All I hear is bad news. So I am not excited at all
Title: Re: WallStreetJournal - Nasdaq Plans to Launch Bitcoin Futures in First Half 2018 Post by: chiggz on November 29, 2017, 06:55:42 PM So no more using Bitcoin to send Payments I guess. This was not Satoshi's vision about Bitcoin. Bitcoin is becoming an investment and losing the liquidity it was intended for; when everybody stops using Bitcoin as currency it loses its inherent value
Title: Re: WallStreetJournal - Nasdaq Plans to Launch Bitcoin Futures in First Half 2018 Post by: castiel0504 on November 29, 2017, 07:13:00 PM I don't mind Bitcoin skyrocketing, what am i afraid of, since is rising constantly with enormous speed, should be there some kind of correction? Between 5-9k there has been upside downs and regular corrections(but speed in rising wasnt like this) in just 2-3 days went from 9-11k and there is no correction. I understand supply and demand, but it looks like demand is getting bigger and bigger. I dont mind at all, i got some "giddy" feeling when i see increased price in BTC same feeling when kid gets lollipop ;D ;D ;D
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