Bitcoin Forum

*BN: Bitcoin Futures to Start Trading as Regulators Rush to Catch Up

 CME said its contract will begin trading Dec. 18.

https://www.reuters.com/article/brief-cme-group-self-certifies-bitcoin-f/brief-cme-group-self-certifies-bitcoin-futures-to-launch-dec-18-idUSFWN1O10G7

*contract unit will be 5 bitcoin
*cash settlement (USD/fiat)

http://www.cmegroup.com/trading/bitcoin-futures.html

Good to see the date here. I am so sure that the whole Bitcoin community is eager to see how Bitcoin would be reacting when the futures market by CME would formally open. Would there be a big surge in value or will there be a dip due to fear of the effects of futures to it? Well, we should found it by the day that CME would officially open the futures transactions. I am optimistic that this can push Bitcoin further into the stratosphere though admittedly it is hard to predict or project what can really happen with Bitcoin as it has a habit of defying odds or rationality. We are just hoping that this can mean a positive development for Bitcoin and will not be an instrument to downplay its real and full potential.

looks like 20% daily price limit (up/down) based on prior day's "settlement price"

nice information from you mate this an interesting about the bitcoin future in the world of trading, i can see what the effect of regulation coming from the CME group, hoping the regulation launch by cme group good fair rules for the traders.

I hope bitcoin will come up with something better in the future, we will never find that it would have been hypocritical and I have been convinced that bitcoin will improve communication in the future.