Help me with your thoughts on bitcoin futures. If 1 contract 100 bitcoins? 900k USD? and there was i think today 3000 buy/sell (or with other words 3000 combined going long + going short) So 3000 times 900k usd = 2,7 billion USD in one day Am i gettting this right ? i think not
I didnt get any repond so kindly if someone can answer me this please ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I would also add I am assuming (perhaps I am wrong?) bitcoin futures are direclty tied to bitcoin. So I am under assumtion if someone opens large volume of shorts for bitcoin futures, they go down, or if someone opens large volume of longs they go up ? http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_contract_specifications.html No it's 5 btc per contract, so vol. is still tiny overall. Yes iirc CME is settled in btc, while CBOE is in usd http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futuresHere's their, generally bigger, volume http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures with 1btc per contract compare https://www.barchart.com/futures/bitcoinYour final question - no, there is always a bigger fish who will counter-trade their competitors. edit: Some traders are noticing a small CME factor, where spot price draws towards week's close price on CME, but most are unconvinced, again because of tiny volume. user buyandhold: thank you i understand now
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Help me with your thoughts on bitcoin futures. In February I started to think if they are bad for bitcoin (because bitcoin remain bearish since introduction of futures). Now i think they are bad, but probably not on extremely long turn. On extremely long term they are probably good (in years 2019, 2020) But on short term (this year) i think bitcoin futures are bad. Why bad? Because all the sudden people with a lot more money then those in crpyto can draw and earn money with hedging and drawing money from "little people with less experience". They wont take money from true hodlers who just hold, but bitcoin need new people in order to go up and up and crazy up, and experienced hedging companies could for quite some time draw price down and they have more knowledge whats and how much is needed to cause spikes down with help of futures. Can someone help me dig out how much money is now in futures? http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_quotes_globex.htmlFor may its i think 3000 contacts? now i wonder how much money is in that If 1 contract 100 bitcoins? 900k USD? and there was i think today 3000 buy/sell (or with other words 3000 combined going long + going short) So 3000 times 900k usd = 2,7 billion USD in one day Am i gettting this right ? i think not I didnt get any repond so kindly if someone can answer me this please ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I would also add I am assuming (perhaps I am wrong?) bitcoin futures are direclty tied to bitcoin. So I am under assumtion if someone opens large volume of shorts for bitcoin futures, they go down, or if someone opens large volume of longs they go up ?
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Help me with your thoughts on bitcoin futures. In February I started to think if they are bad for bitcoin (because bitcoin remain bearish since introduction of futures). Now i think they are bad, but probably not on extremely long turn. On extremely long term they are probably good (in years 2019, 2020) But on short term (this year) i think bitcoin futures are bad. Why bad? Because all the sudden people with a lot more money then those in crpyto can draw and earn money with hedging and drawing money from "little people with less experience". They wont take money from true hodlers who just hold, but bitcoin need new people in order to go up and up and crazy up, and experienced hedging companies could for quite some time draw price down and they have more knowledge whats and how much is needed to cause spikes down with help of futures. Can someone help me dig out how much money is now in futures? http://www.cmegroup.com/trading/equity-index/us-index/bitcoin_quotes_globex.htmlFor may its i think 3000 contacts? now i wonder how much money is in that If 1 contract 100 bitcoins? 900k USD? and there was i think today 3000 buy/sell (or with other words 3000 combined going long + going short) So 3000 times 900k usd = 2,7 billion USD in one day Am i gettting this right ? i think not
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If this is not bullish, I don't know what is: Some of the biggest names on Wall Street are warming up to bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated fringes of the financial world. The parent company of the New York Stock Exchange has been working on an online trading platform that would allow large investors to buy and hold bitcoin, according to emails and documents viewed by The New York Times and four people briefed on the effort who asked to remain anonymous because the plans were still confidential. .... Goldman will initially only be trading futures contracts linked to bitcoin’s price. But Goldman executives said they were looking at moving in the direction of buying and selling actual bitcoins. The Intercontinental Exchange’s effort, if it pans out, could make bitcoin available to a much wider and more influential customer base, including other financial firms. ... Read the whole NYT article at: https://economictimes.indiatimes.com/markets/stocks/news/coming-soon-bitcoin-trades-on-wall-street/articleshow/64076979.cmsIf wall street is warming up for bitcoin this can as well they are warming to be bearish. People also invest a lot by SELLing futures. I think (correct me if i am wrong) the biggest bearish investment in stock markets are tesla stocks (i hope bulls beat them). If i am not mistaken tesla stock has the most bears among all stocks. I think we cant really see how much are bitcoin futures making SELL (for rookies this means betting that stock will go down) and how much BUY
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Good morning guys. Indicators are relaxing as we catch support at the kijun line. This is a short term consolidation point and the market looks like it will head back towards the .382 fib line. I expect more sideways this coming week with moderate volume and volatility as we head back towards and test $10k next weekend. This rise, consolidate then dip cycle is very bullish imho. The laddering up is very apparent on the cloud. #dyor ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fue5rxeV.jpg&t=663&c=RCwD6BS2JDoEvg) Please explain me because I am stupid. How can your chart predict what will happen if there will be for example some major negative or major positive news? I am always very puzzled by so called chart experts (who always predicts two side movement lol) who never mention news. For me its like news run 90% of crypto market. For chart experts its like they never heard for news. Or perhaps I am just stupid and news doesnt mater. I feel i will hear now flame, but i dont got it, post like news doesnt matter.
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So is it only me dreaming or is volume sky high?
Or did i drink to much and i see double 1 in front february 2nd and 6th has seen such figures, looon time ago
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I noticed a rumor there will be crypto crash ?
JOKE Dont go crazy on above sentence. Relax Be cool
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Breaking USD 12888 (which is i think at this moment EUR 10000) game, my prediction Sep 22 2018
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A few more days and we will hit 20 000 for sure! Oh do not misunderstand, i was referring to pages in this topic ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Nice one
Bitcoin: a digital currency with known & limited supply, an open global network, and not controlled by politicians.
US Dollar: a digital currency with unknown & unlimited supply, a highly restricted territory-based network, and controlled by politicians. Which will win, longterm?
I invested in bitcoin long time ago because I am counting this new technology will go up. I dont believe into bull s h i t crap like "not controled by politicians and banks and all that crap" -bitcoin is controled by many people -the downside is also its unsafe, somecan point gun to your head to force you transfer and its bye bye, you can be f uc ed k 10 times more compared if someone try to steal you some other stuff, its very unsafe, i fell 10 times more confortable with money in bank but i like bitcoin, but i dont pretend some stuff like many of you here do while using words like "oh those banks, oh those politicans" bitcoin can be, was and will be also manipulated like hell with pump and dump...you dont mention that? and i didnt even touch manipulation that roger and company can do, or some other new big companies but i still like bitcoin also you talking banks are bad, in order for you guys and me reached high figures with bitcoins, many many people also lost money....this is not "we win all", you have what you have because lots of money got broke while trying all sort of stuff with bitcoin i cant believe how blinded are some people i still love bitcoin, but i am realistic
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Pardon me if this has already been discussed, but: Whats your thought that after bitcoin futures were introduces we go now some people who bought shorts and they have interest to manipulate bitcoin (not futures but real bitcoin) by drawing it down. Before real interest was primary to pump and dump real bitcoin, but now some big player can all the sudden play bear market. And the tools they have different then for example with gold, or some other stock, they can play on two fields.
And people used to play bear market with other stocks can see they have big potental and possible huge huge incomes if they can draw bitcoin to its knees.
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Wallstreet playing with us boys! I was warned that this would happen when the big fucking guns assault BTC! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia.giphy.com%2Fmedia%2FxT9NvH8hKhaTIAggnK%2Fgiphy.gif&t=663&c=Zpu9U1m-3GWJyA) GO BITCOIN GO ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fhodl.fun%2Fuploads%2Fposts%2Ft%2Fl-93.gif&t=663&c=Acd3DSF2EH9wkg) I agree with wall street stuff 100%, people who can pump and dumb huge stocks can play a lot easily with bitcoin. I guess there is no to big secret about AI for stock trading, its probably a lot more sophisticated then bots that some people have for crypto.
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8440..IMO this weeks ATH
Your already wrong. LOL Of course. Hi Cuck. Time for you to call this weeks ATH Just here for mere hours and you make yourself a fool. Your predictions already in shambles. And yet another sexually insecure idiot using the word "Cuck". It reveals a lot about who you are. But don't worry... on the next downswing you will be able to dance around and act like you predicted it. Then it will go back up again. I'll be looking for that 2k floor this week. Shoot I'll give it 'till next Sunday night. So where is that 2k floor?
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can someone please point me to masterluc tradeview chart where he said i think in november "i see no resistance to 20 000" someone just copied chart today in this topic, but its biiig topic and i cant find that chart anymore
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Breaking 24777$ prediction game FINAL LIST
MERRY XMAS TO Y'ALL AND GOOD LUCK
Nice, so plopping all the dates into Excel and converting/calculating gives:
4/3/18 Average 2/19/18 Median
We love you, Santa Geek! ![Kiss](https://bitcointalk.org/Smileys/default/kiss.gif) Haha maybe to turn into eastern bunny geek after hitting 24777 ( if we get iT in time) Any which exchange will you use to determine winner ?
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Don't like ripple in any way but at least it is not intentionally malicious like bcash Glad they are third now by a long shot
I checked out on coinmarketcap and i see it says 1.48$, can someone tells em where is 1.48? its not on kraken, its not on bistamp (on both those its 20 cents lower)
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well i found this on ledger website: It is extremely important not to lose your recovery sheet: you must keep it in a very safe place. If anyone gets access to it (and understands what it is), they can steal all your bitcoins (no need for PIN or security card). However, if you were to lose your recovery sheet, immediately transfer all your balance to a temporary wallet. Then reset the Nano and create a new seed. Once done, transfer back your balance to your Ledger Wallet.
So if you lose 24 word phrase you are not doomed. You are doomed if 2 things happens if you lost or lock pin and lose recovery 24words phrase, or combination of damaging and losing 24 word recovery phrasa Well ledger says so.....
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the 24 word pharases is just like your password but it use when wanna switch your phone or you wanna open your wallet on another devices. for transaction you just use your pin but think if your phone are lost or broken. that the 24 pharases function
hm i think you are not ledger user ?
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Yes you wuod be doomed. Always keep the Private key in as many places as you can. Don't even think if risking using any wallet you don't own the key for. It's simply not worth it. The amount of headache and heart ache you will go through can all be mitigated so long as you keep your key around. So lease please keep multiple copies and make them physical copies because they the best and can be kept offline entirely.
I dont understand why i am doomed ? because in regular transaction i never use 24 word phrase. So far i never needed, i have my pin code, why i would be doomed? are you sure you know how ledger nano s works ? no offense, i google for this, but i see responds that doesnt make sense Right now i can go and send my btc to bitstamp and sell it....WITHOUT 24 word phrase, i just typed in pin, so if now i lost that 24 phrase....why am i doomed ? PLEASE GUYS ANSWER ONLY IF YOU ARE SURE YOU KNOW HOW LEDGER NANO S WORKS There is pin code and 24 word recovery phrase.
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Can someone tells me (hypothetically) what happens if I dont use ledger for 5 years and after 5 years I realize i cant find my 24 words phrase, am i Doomed with BTC on them ?
Now, please dont say "dont lose it", because obviously that post was made for other reason.
MY thinking is, If i lose 24 word passphrase I should just transfer stuff to some software wallet and get new ledger, correct?
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