NASDAQ - Bitcoin Futures - WOW!

[MWalk]

It's CLEAR that Bitcoin is HERE to STAY

https://www.cryptocoinsnews.com/breaking-nasdaq-plans-bitcoin-futures-launch-2018-wsj/

NASDAQ Breaking: Nasdaq Plans Bitcoin Futures Launch in 2018

UNREAL!!!

[bitorama]

superbe, bitcoin will to the moon

[scottykarate]

All of this publicity helps, for sure. I assume the actual futures will really bring the volume and more value. It makes me a little nervous, but overall it seems like people are awakening and seeing the potential.
Interesting and exciting times for BTC and all crypto.

[Kprawn]

Well well, the SME Group has really got the ball rolling and if this is true... then $11 000 will not be the end, but just the

beginning. It is still not clear how futures increase the price directly, but indirectly it is paving the way for ETF's and other

types of investment instruments. This explains the $11 000 

[Iranus]

Futures would make the Bitcoin price much easier to manipulate.  One major banking institution or other wealthy group could manipulate BTC users in pretty much any way that they want.

Since BTC has less of a clear value than most other stocks and assets, it means that investors could be manipulated to push the price as high (or as low) as they want.

However, I suppose that introduction to a more mainstream and regulated audience could be helpful, as it could theoretically free us from the emotionally unstable investors we have now.

[steadyrice]

Futures would make the Bitcoin price much easier to manipulate.  One major banking institution or other wealthy group could manipulate BTC users in pretty much any way that they want.

Since BTC has less of a clear value than most other stocks and assets, it means that investors could be manipulated to push the price as high (or as low) as they want.

However, I suppose that introduction to a more mainstream and regulated audience could be helpful, as it could theoretically free us from the emotionally unstable investors we have now.

This is my concern as well. Futures worry me like hell, they are so open to manipulation. But big players entering the market is always a good sign on the other hand. If this move helps bitcoin expand in terms of the number of people owning the coin, i.e. helps decentralize it more, then I'm all for it.

[Ck1234]

First CME, Group...and now Nasdaq.  That is wonderful news. Maybe I should start buying some bitcoin.  I'm just not sure if Bitcoin has enough traction yet. Yeah I'll just wait for it to go down first, then buy-in.

[Herbert2020]

Futures would make the Bitcoin price much easier to manipulate.  One major banking institution or other wealthy group could manipulate BTC users in pretty much any way that they want.

Since BTC has less of a clear value than most other stocks and assets, it means that investors could be manipulated to push the price as high (or as low) as they want.

However, I suppose that introduction to a more mainstream and regulated audience could be helpful, as it could theoretically free us from the emotionally unstable investors we have now.

i have heard people talk about this manipulation just because a futures market is being added but they never explain how. i mean we have had manipulations so  far and lots of them. what will change now that these markets are opening up?

my expectation is that in fact they will reduce the manipulation, mainly because that will make the market grow a lot bigger in the upcoming year as it gives good publicity to bitcoin. and when market is big, manipulating it is that much harder.

[enhu]

This could really make a huge pump not just to BTC but to some other tokens as well. The huge NASdaq investors are probably going to join and manipulate the price indeed. With the money they got, they could buy the 21 Million BTC if given the chance. Are we seeing the price to be $20K next year?

[hasmukh_rawal]

NASDAQ is really a big thing. For people who are not aware of it I must say you can think of it as bigger than CME group. Bitcoin futures trading on CME itself was such a huge thing for BTC and it's price had a good spike becuase of it. Now if NASDAQ releases BTC futures it will surely take Bitcoin to a very higher level and might make it cross $20k . With the gaining popularity of BTC the $20k will anyway be achieved within a year if NASDAQ doesn't list the BTC futures. But if it does the growth will be tremendous.

[wjchong]

NASDAQ is really a big thing. For people who are not aware of it I must say you can think of it as bigger than CME group. Bitcoin futures trading on CME itself was such a huge thing for BTC and it's price had a good spike becuase of it. Now if NASDAQ releases BTC futures it will surely take Bitcoin to a very higher level and might make it cross $20k . With the gaining popularity of BTC the $20k will anyway be achieved within a year if NASDAQ doesn't list the BTC futures. But if it does the growth will be tremendous.

Totally true.

[preditor422]

It indeed is a great news bitcoin in NASDAQ and CME means people are recognizing bitcoin and it will make more and more people involving in bitcoin which means more investment and shoot up in price making it a great deal to have for profits.

[bitcoinveda]

Nasdaq Bitcoin future is big achievement for Bitcoin price lot more to go adding more Stock market exchanges in coming days

[Vz Ketua]

Wow this is one step to bitcoin more in the know the world and hopefully more bitcoin users both from society or country.

[saidlik]

I think we can add one zero behind 10K price of BTC if all of this is going to happen

[shamzblueworld]

It's CLEAR that Bitcoin is HERE to STAY

https://www.cryptocoinsnews.com/breaking-nasdaq-plans-bitcoin-futures-launch-2018-wsj/

NASDAQ Breaking: Nasdaq Plans Bitcoin Futures Launch in 2018

UNREAL!!!

It isn't unreal, it was inevitable. But it just emphasizes on the fact that how brighter the future is for bitcoin and crypto currencies. Its just a matter of time before every major company in the world supports it.

[garet]

Futures would make the Bitcoin price much easier to manipulate.  One major banking institution or other wealthy group could manipulate BTC users in pretty much any way that they want.

Since BTC has less of a clear value than most other stocks and assets, it means that investors could be manipulated to push the price as high (or as low) as they want.

However, I suppose that introduction to a more mainstream and regulated audience could be helpful, as it could theoretically free us from the emotionally unstable investors we have now.

This is my concern as well. Futures worry me like hell, they are so open to manipulation. But big players entering the market is always a good sign on the other hand. If this move helps bitcoin expand in terms of the number of people owning the coin, i.e. helps decentralize it more, then I'm all for it.

I think the fear is that there is a chance that these big players you mention entering the market would buy up large positions of BTC and control the market. It would actually have the opposite effect of decentralisation and continue the trend of large institutional investors controlling financial markets.

My big thing is that bitcoin is already highly speculative and bringing in instruments that encourage more speculation will make trading even more volatile for the average consumer. Honestly the crypto market is just going the way of traditional financial markets and soon I think the whole ethos of Bitcoin and others will be lost to that pesky human attribute called greed.

[salihno71]

I would say that this will drive the price further up but on the other hand you can expect even bigger swings in the future since there will be more of speculative trading and with much bigger amounts of money than now. Bitcoin will probably grow in market and adoption so 2018 should be interesting.

[krdcwplgf]

Bitcoin can really board the Nadask?
It's so fantastic
But we must keep a sober mind, because the price of bitcoin is still very unstable in a short period of time

[8270thNinja]

Big players/Big Whales/Big Business/Big Investors or whatever you can call it, they will enter here and they will be part of our competition, we will now have a harder battle to fight because of these people, yeah agreed that may be able to increase the price of Bitcoin, in the same way they can also decrease the price of it a.k.a manipulate it, which means the loosing side here is the small investors and small holders of bitcoin a.k.a all of us.