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You guys are hilarious. That just shows futures pricing following the underlying commodity pricing.
We still haven’t reached last weeks price. Is this the very best you can do after months of planning?
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Best whale game is game where whale stops trading on exchange. They are obviously throwing everything at this including their reputations.
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Everyone panic. We are almost down to last week’s price.
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NO SELL ONLY BUY BCASH. HOW STRANGE. WHY COULD THAT BE???
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What the hell, I wake up and BTC is down to the 17s and all the alts are up. What happened?
>200k unconfirmed transactions, 25$ transaction fees if you want to have it done under 1 week do the math  that explains the bcash pump then in particular. I like core, but damn, something needs to be done about those fees. Get real. Bitcoin has been under attack multiple times because it is a target for a lot of hostilities, whether from Bcash or other various sources, and so if any other coin was as disruptive as bitcoin, that coin would be under attack too, but none of the other coins are because they are almost all trash, given a few exceptions or a few use cases. It’s not even a decent attack yet. We are on less than a 15% swing from ATH. |
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i cant go to sleep... my eyes are sticked on the chart  ready to push the buy button any time soon  c'mon baby c'mon! Limit orders are your friend. |
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Understandably, the first bitcoin ETF is expected to be around the corner. Eric Balchunas of Bloomberg noted that the first bitcoin ETF would become a billion-dollar product soon after the launch. Mike Poutre, CEO of The Crypto Company, believes that the entire industry will be worth $5 trillion by the end of 2018. The founder of Standpoint Research expects another 500% ascent from the current level. http://nasdaq.com/article/bitcoin-etfs-what-lies-ahead-in-2018-cm893427 |
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"The demand is high, that must mean the demand is low"
come on, it wouldn't hurt anybody to up the blocksize to 2mb to give us some time, this centralization argument is nonsense any argument against bigger blocks can be destroyed with techniques like graphene (x100 block compression) segwit ist fucking complicated to be implemented by exchanges in the foreseeable future and LN comes in 18 month™ and even with LN and current demand, how much do you want to pay to open a channel? let the market decide  Oh it will, don’t you worry about that. |
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I have held from $13. Still consider myself a bag holder.
Heartbreaking Here’s a tip. Become a Monero bag holder in a very small proportion of your portfolio. Not because you believe but for insurance. Insurance is expensive but none of us are smart enough to know the future. Bitcoin is an all-or-nothing proposition. Insurance against what exactly? Don’t get me wrong, I am still a Bitcoin maximalist and still over 90% bitcoin by value. Mostly insurance against Chinese miners until the Japanese bring some competition back into the market. Historically, the Japanese and Chinese are not pals. At no point did I say Monero comes close. It doesn’t and ring signatures are even more bulky. |
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What the hell, I wake up and BTC is down to the 17s and all the alts are up. What happened?
>200k unconfirmed transactions, 25$ transaction fees if you want to have it done under 1 week do the math that explains the bcash pump then in particular. I like core, but damn, something needs to be done about those fees. The value transmitted across Bcash is something like 4% of the value transmitted across Bitcoin. By this metric Bcash is 3x overpriced. |
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I have held from $13. Still consider myself a bag holder.
Heartbreaking Here’s a tip. Become a Monero bag holder in a very small proportion of your portfolio. Not because you believe but for insurance. Insurance is expensive but none of us are smart enough to know the future. |
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If you could kiss $500 goodbye then why the hell not?
Yeah, but even the best hodlers from $0.50 would have dumped or traded ETH at $10, $20, or $40. Or some other price point along the way. No way anyone other than maybe Vitalik himself would have held that shiite all the way to today's price. I have held from $13. Still consider myself a bag holder. Smart contracts should be in side chains, not on the main chain. Sharding is the wrong approach. |
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Bitcoin Futures (XBT) Debut on Cboe
Kevin Davitt - Cboe Senior Instructor
After considerable fanfare, the first U.S. regulated bitcoin futures were launched on Sunday, Dec. 10 at the Cboe Futures Exchange (CFE). The inaugural session and initial week of trading went smoothly.
The first full session, which concluded on Monday Dec. 11, had 4,127 contracts trading. At contract launch, there were three contract expiries for XBTSM futures: January, February and March 2018. Average daily volume (ADV) for XBT futures on week 1 was 2,209 (ADV number is through Thursday.)
Front-Month Futures Dominate
Front-month XBT futures (XBTF8 – January contract) dominated trading volume all week, averaging over 90% of the total futures volume. The preponderance of trade volume in other futures contracts tends also to be in the front-month contract.
Bitcoin spot price fluctuated between $14,765 and $17,920 on the Gemini exchange between the Sunday open for XBT futures and Friday (Dec. 15) at 9:30 a.m. CT when this data was pulled.
The January futures contract traded between $15,000 and $18,850 over the same time frame. The largest intraday range occurred during the first full session. Since then, realized volatility in the cash and futures markets have been relatively muted. However, when addressing bitcoin volatility in 2017, it is arguably always “relative.”
The futures term structure opened in contango and remained that way all week. Contango implies a forward-sloping futures curve with front-month futures trading at a premium to the spot market, and further-dated months trading even higher.
Commodity markets exhibit a “normal” or contango term structure most of the time. An understanding of term structure is important if you are new to futures markets.
The big story of the week is the narrowing of the front month to cash premium as the week progressed. On Sunday evening, January futures opened a slight (2.1%) premium to the Gemini cash market. However, that spread widened considerably in the hours that followed. The cash market moved steadily higher between Sunday afternoon and early Monday morning, but the futures did so with noted velocity. January futures briefly traded at a nearly $2,000 (11.9%) premium to the cash market ($18,850 vs. $16,875).
Between midnight Dec. 11 and the early morning of Dec. 14, this premium was largely erased. As you can see from the term structure graph that Russell Rhoads used in his blog about hedging using the XBT futures, the spread had narrowed to about $1,000 (6.0%) by 4 a.m. CT on Monday morning.
At last check (Dec. 15), January was trading at roughly a $450 (2.6%) premium to cash. So, while contango persists, the term structure has flattened a great deal over the course of the first week of trading. |
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Anyone trying to run a business on ETH using smart contracts would be screwed by this latest price rise. Gas was already outrageously expensive at US$400. And that includes 90% of ICOs.
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It's altcoin trading that fucks you. Holding ETH from 50 cents in 2015 looks like an unobjectionable move to me.
It’s easy to cherry pick with the benefit of hindsight. Far too many old school bitcoiners sank their battleship diversifying into alts. |
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How I feel observing this thread for the last couple of months:  HA! HA HA ! I am clearly the best looking. |
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for the blockchain platform Ethereum provides, which allows people and companies to build their projects on. Bitcoin doesn't offer the blockchain, Ethereum does. Ethereum's business model is more tangible to businesses, governments, organizations that Bitcoin because it allows those entities to build projects and processes off the blockchain without having to code and develop and test their own! If you think you can run smart contracts without having to code, develop and test, then you have clearly never built anything in Solidity. |
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As soon as the alts start to ease the tide will swing back to Bitcoin. But it will be a flood.
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The real question is how best to profit from it.
Um, by dumping your bcash maybe? Already done that. Not about to buy more. Still have all my Bgold. Maybe I can come up with some sort of funky arbitrage play. |
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Looks like the Bcash pump is targeting the difficulty retarget. Expect a spam attack and FUD around fees. The real question is how best to profit from it. Last chance before the Coinbase release on 1 January.
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