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Erkallys
Legendary
 Offline
Activity: 1120
Merit: 1001
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November 29, 2017, 06:27:49 PM |
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While I have always said CME future was something huge, now I am missing superlatives. Indeed that will be extremely awesome for sure. Definitely great times to be alive !
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okala
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November 29, 2017, 08:58:06 PM |
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If NASDAQ launch bitcoin futures we may see bitcoin above $40,000 as this is going to spark the market and Wall Street guy will jump into bitcoin and push the price above board. I think it will give us another reason why we should hold bitcoin. I don't think it is wise now to sell but seriously holding in other to take advantage of what is going to happen in 2018. |
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Dutchyyy (OP)
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Activity: 1197
Merit: 1001
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November 29, 2017, 11:46:16 PM |
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If NASDAQ launch bitcoin futures we may see bitcoin above $40,000 as this is going to spark the market and Wall Street guy will jump into bitcoin and push the price above board. I think it will give us another reason why we should hold bitcoin. I don't think it is wise now to sell but seriously holding in other to take advantage of what is going to happen in 2018.
I guess it's more than FUD because WSJ is nearly serious media in the fiat finance world. NASDAQ at least some intention to do it. But current Bitcoin volatility is a real pain. |
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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November 29, 2017, 11:49:33 PM |
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I still don't understand what effect futures will have at all so I'll refrain from commenting on that, but CME is actually a bigger operation I believe though NASDAQ is obviously a flashier name and might get more media attention.
Each one adds an extra chunk of legitimacy. It's becoming increasingly hard to discount BTC no matter how much people want to.
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tristan1960
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November 29, 2017, 11:52:07 PM |
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Are we able to know if this would cause a dump on pump in bitcoin price? Afer we deposit bitcoin into their market, they will cash out this bitcoin on the Exchange to get USD, this would make a pressure on bitcoin price, wouldn't it? |
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eddie13
Legendary
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Activity: 2296
Merit: 2262
BTC or BUST
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November 30, 2017, 12:33:56 AM |
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Yeah, I want to now if their is a way to use these futures markets as a weopen against bitcoin...  |
Chancellor on Brink of Second Bailout for Banks
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alisafidel58
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November 30, 2017, 04:17:17 AM |
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This will certainly change how the market price will go, as we all know those people from Nasdaq have great influence in trading and hopefully they will bring a positive side on the market and not just pump and dump from time to time.
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pooya87
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Activity: 3444
Merit: 10550
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November 30, 2017, 04:50:45 AM |
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I still don't understand what effect futures will have at all so I'll refrain from commenting on that,
i am right there with you. these big names adding a "bitcoin" related anything is obviously a massive good publicity and that will increase bitcoin's adoption by a lot. which is why the current rally is happening and why the future price is going to be a lot higher due to this news. but at the same time, them getting involved with bitcoin is a little scary to be honest. i can only wish the manipulation effects become less not more! |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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November 30, 2017, 05:07:32 AM |
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i am right there with you. these big names adding a "bitcoin" related anything is obviously a massive good publicity and that will increase bitcoin's adoption by a lot. which is why the current rally is happening and why the future price is going to be a lot higher due to this news.
but at the same time, them getting involved with bitcoin is a little scary to be honest. i can only wish the manipulation effects become less not more!
While we don't understand what Wall St. will do with futures, at the very same time I'm wondering how much Wall St. understands about Bitcoin. Despite it getting that much larger, the market is still horrifically dysfunctional and warped and there's never been an investment like BTC before either. They may pile in with their usual tactics and wind up with either their or our minds fatally blown. |
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eddie13
Legendary
Offline
Activity: 2296
Merit: 2262
BTC or BUST
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November 30, 2017, 05:30:30 AM |
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i am right there with you. these big names adding a "bitcoin" related anything is obviously a massive good publicity and that will increase bitcoin's adoption by a lot. which is why the current rally is happening and why the future price is going to be a lot higher due to this news.
but at the same time, them getting involved with bitcoin is a little scary to be honest. i can only wish the manipulation effects become less not more!
While we don't understand what Wall St. will do with futures, at the very same time I'm wondering how much Wall St. understands about Bitcoin. Despite it getting that much larger, the market is still horrifically dysfunctional and warped and there's never been an investment like BTC before either. They may pile in with their usual tactics and wind up with either their or our minds fatally blown. Eureka!! So, they think their stock trading tactics will work on crypto and they will not.. I'll go back to trading, jump on their exchange, and take all the nasdaq money in the form of satoshis.. They will be on food stamps when I'm done with em.. |
Chancellor on Brink of Second Bailout for Banks
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chickenado
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November 30, 2017, 07:52:22 AM |
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NASDAQ plans can make an additional popularity to bitcoinworld if this would truly happen.So we expect bitcoins price to fluctuate to its highest level.Another reason to hold btc and wait while it crosses to $30k or to where it goes..speculation will always there,it will be a larger market for bitcoin but we just hope that there would be no manipulation happen to the bitcoin market..since everyone wish to profit from their investment for futures sake and hopefully 2018 would be a prosperous year for all bitcoiners. |
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honeyb0y
Member
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Activity: 84
Merit: 10
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November 30, 2017, 08:28:21 AM |
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This is really a great news it will definitely result to a much higher price in the next years. More people will become curious about bitcoin and more possible investors for the coin. I wish I never sold my coins before. |
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hateplesent
Member
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Activity: 82
Merit: 13
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November 30, 2017, 10:18:10 AM |
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This is huge:
Nasdaq Plans to Launch Bitcoin Futures in First Half 2018
[Suspicious link removed]j.com/articles/nasdaq-plans-to-launch-bitcoin-futures-in-first-half-2018-1511968313
Now we have another serirous reason to HODL! How much do you think will be the price pump this time?
it will be huge news if Nasdaq start accept bitcoin and may have new hero year like 2017 again . also i read some huge sites start accepting bitcoin |
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Teraboy
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November 30, 2017, 11:06:29 AM |
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Not sure about how much the price of the bitcoin in the future. But that comes into another ATH in the future. As the more money will come to the crypto. Since a lot of the expert of the financial sectores are believing about the bitcoin will worth a lot in the future. Over $12k in my opinion. |
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Paashaas
Legendary
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Activity: 3427
Merit: 4344
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November 30, 2017, 02:53:10 PM |
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Domino effect. More to come  |
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eddie13
Legendary
Offline
Activity: 2296
Merit: 2262
BTC or BUST
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November 30, 2017, 08:15:45 PM |
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I can't help but think the institutions are concocting a scheme to destroy bitcoin using these cash settleled futures markets somehow..
I'm very suspicious..
How is it that we can't get an etf no matter how hard we try but hey, they can just pop up futures markets like no big deal..
idk
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Chancellor on Brink of Second Bailout for Banks
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Virtual miner
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November 30, 2017, 08:22:27 PM |
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If this is true you can see Bitcoin crossing every previous milestones, slashing all the previous records. Getting its future options on NASDAQ means an acceptance by a large number of people. You can see with a market cap of 170 Billion USD we are around 10K. Just think of the pump BTC could get on reaching 1 Trillion USD.
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junoon
Newbie
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Activity: 32
Merit: 0
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November 30, 2017, 08:29:54 PM |
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Not the most convinient news to make a btc-price correction  Enjoy the growth! |
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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November 30, 2017, 08:58:41 PM |
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While we don't understand what Wall St. will do with futures, at the very same time I'm wondering how much Wall St. understands about Bitcoin.
It's obvious, they don't care and just look to ride this "hype" out. It's a money tree that if they look back, should have welcomed a good year ago. I however see Nasdaq entering this market as something we all can be happy with. At this point it's too soon to talk about what type of impact they will have, and we also have CME to focus on, but purely for speculation purposes, the coming years will be a fantastic (rollercoaster?) ride. I don't expect the same level of percentage gains as how we have experienced it this year, but it should be enough to satisfy even the most greedy entities here. |
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