they will start at 18 december 2017. please google for "CME Group Self-Certifies Bitcoin Futures to Launch Dec. 18"
Yes, you are right. But at the time this article was posted, there was no official statement from the US authorities. But to sum it up we think that the USA will be the first to launch futures. Now, it is more interesting to observe how the situation in the cryptocurrency market will change.
I am not so sure this is accurate, although i would love if it is the case.
i am sure some people have been able to progress with bitcoin but how do poor people buy into in in the first place?But at the time this article was posted, there was no official statement from the US authorities.
Articles are quite vague regarding CME, where some articles were saying that CME didn't even filled anything, and a while later they were waiting for authorative approval, so it's a mixture of faulty information. Important is that now they officially have set a date for a launch of their futures market, it with a high probability means that they have been approved. If not, then why bother putting up a launch date? It's a massive player in the financial world that isn't here to fool around with people. Let's be happy with how we have seen this industry move forwards in such a short period of time. It's not likely that we get to experience a similar year again. I agree with you, and I expect bitcoin futures to be launched by CME in mid December (supposedly 18th December), but I recent read an article on cointelegraph, that claims that the US government could still pass a law that would void the authorization issued by the CFTC. Let's not forget that CFTC is an independent agency, so although they have the authority to regulate and control a specific area or industry, that is too complex to be regulated by executive agencies (in this case CFTC regulates commodity futures and option markets in the United States), they are independent and may not share the view of the President and the Congress. Not saying this will happen, because they would need a very good reason to interfere with the decision of a independent agency, that is of course specialized in this area. So we will probably see bitcoin futures in the 18th December, and then NASDAQ will probably follow in 2018 as they have already announced. Link to the article I've mentioned in this post: https://cointelegraph.com/news/us-politicians-face-dilemma-on-how-to-handle-bitcoin-futures-trading
it is quite unbelievable how bitcoin has mushroomed in just a few months.
where will these new investors bring us? |
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interesting topic, the only real threat in my opinion to bitcoin is no internet.
anything else can be overcome.
if the exchanges are closed and banned there will still be a way particularly for existing bitcoin users, getting into it might be harder.
something like localbitcoins and similar would flourish.
Look at the darkweb, it is still there.
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and as more people get into crypto currencies and want to trade to make those quick easy bucks the opportunity for the fake app builders is massive.
"One of the reasons why Poloniex has been so easy to impersonate is because the exchange lacks its own official mobile app" this is where people are being caught out.
I thought Google in particular was vetting all the app's in their play store, I am obviously wrong.
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I cannot see why the RBI is so vocal in its caution,
no other country is as vocal in my opinion.
I think everyone knows at this stage how volatile the crypto market is,
and it is possible for it to lead to a ban.
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The only desktop wallet i know with multi coin support is exodus,
but it doesnt support all coins, just about 10 or 15.
Have you considered using coinomi, its not a desktop wallet but a mobile wallet with private key control?
it also supports a great number of currencies.
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its news but is it BIG news, meh.
although it might be hyped at the moment BCH is performing well and seems to be stable.
it has been enjoying its price of around and over $1200 for a few weeks now!
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Tether is treated as any other crypto currency.
if we use monero again as above, how do you cash that into FIAT and into your bank?
well it is the same for tether, transfer it to USD or whatever FIAT currency you like and transfer it to your bank
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Hey all got a question. If you send btc to bittrex and sell your bitcoin... you get the usdt equivalent right? So for example if you sell btc for 10k and sell 1 of it. Let say you get around 9975 or so since there is the 0.25 percent fee. So that means you would have a 9975 usdt value balance?
I read that usdt is a cryptocurrency called tether. So if you sell bitcoin for that price, you would get a 9975 usdt balance? So with this balance... let say bitcoin drops to like 9000. Now let say you want to buy 1 bitcoin. So the total cost would be 9000 + 22.50 fee = 9022.50. So that would mean you would have 1 bitcoin in your bittrex wallet. But your usdt value would show 954.50 usdt right?
So basically if you want to buy and sell bitcoin... buy at the low... then sell very high and do it many times, that would mean your usdt value would be your profit right? Now with the usdt value you have... the most important thing is how do you cash it out to your bank account? I read gdax and gemini you sell your bitcoin there and then its converted into usd and then you do an ach or wire transfer to your bank account. But with bittrex, can you send a bank wire or ach to your bank account or not? So you would have to create a tether.io account... then send the tether from bittrex to tether.io? Now what if you want to cash it out. What are the fees to cash out to your bank account? I read tether is around 1 dollar or so. That means that tether is basically like a usd balance then right? The thing is i read that people who trade on gdax or gemini... they buy/sell bitcoin etc. But with bittrex, its the same as in gdax/gemini right? The only different is you have USDT as oppose to usd balance if it was done in gdax or gemini?
this is all you need to know! it is a general rule of trading, it could be monero instead of tether, it is just the same with anything, buy low and sell high. Tether is a crypto currency linked to the USD to within 1 or 2% |
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It is not a scam, but when people can trade their ETN price will obviously tank. So many newbies invested in this project, they will want to cash out as soon as possible. Everybody is now watching their blockfolios drooling over the price but when they unlock the wallets, it's going to drop hard.
Totally agree with this. So many people only see the monetary value of a particular token or currency. The same people have no interest in the potential future of that token or currency and technology. |
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Yes, but only if they addapt their financial system to cryptos, if they just want to run their own crypto by their own rules, they are going to fail one more time. Do you think bitcoin will help debt ridden or poor countries
Venezuela wants to start their own cryptocurrency, but probably it will be a mess. It is going to be centralized and probably the only ones who are going to be available to buy that one, are going to be the people from there. And you all know that most of the people from there does not even have a dollar, because they live a whole month with a dollar!!!!!!!!! Because of this the marketcap will stuck and it will never go up. But if they allow other investors, then it can be taken more seriously, and i would invest in there too, only a few bucks I have also heard about venesuela possibly adopting a crypto currency. If it is centralized i suspect the same type of management of their fiat will happen with their crypto. governments are slow to relinquish control of finances. |
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Btctalk name: cynical
Rank: Member
Current post count: 312
bustadice Name: cynical
Wear appropriate signature: YES
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Just starting out...what are the best, safe exchanges to buy/sell bitcoin, ethereum if you’re in the US. What about trading for alt coin?
if you solely want to trade bitcoin and maybe ethereum and litecoin you could use gdax! it is linked to coinbase which is a good entry point from FIAT currency to crypto, you can then send bitcoin to other addresses WITHOUT FEES! Bittrex also has a good reputation as an exchange for trading. |
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I would like to apply, with signature added  Bitcoin Username: cynical Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profileRank: Member Current post count: (including this post for application) 309 Bitcoin Address: 3HtAbP7ymB4uUBmazYT9i38LYxGJvSJ3ps |
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I would also be interested in this if my signature space is available in the second week of December.
I have looked over the site and the project seems interesting.
Will you be employing the services of a signature campaign manager?
Do you have plans to extend the project after 2 weeks?
Have you worked out the reward scheme yet?
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I would also like to apply for the member slot that seems to be free in the spreadsheet.
Bitcointalk name: cynical
Rank: member
Current post count (inluding this one): 306
BTC address: 1G5DwYAhzAwFvfWnokGCfkwpXtahEMt6bE
wear appropriate signature: yes
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I want to write an article about this and I've been asking around.
So far, I've found:
* Fraud and scammers
* Government taking over
* Scalability and governance
How about you guys?
there will always be fraud and scams and it happens in life in general. from what i understand governments cannot take over as they are mostly decentralized currencies. my biggest concerns are that most good blockchain technologies wont get the traction they deserve because people dont back them fully. |
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