Nasdaq Plans to Launch Bitcoin Futures in First Half 2018

[expert4knowledge]

This is not the first time i see this, could someone explain me what are futures ?

[Dutchyyy]

This is not the first time i see this, could someone explain me what are futures ?

Here is Wiki: https://en.wikipedia.org/wiki/Futures_contract

or Investopedia: https://www.investopedia.com/terms/f/futurescontract.asp

In short you are betting on future pricing of Bitcoin with some interesting options and can semi-secure your positions in USD value.

[marky89]

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..

It's definitely clear from the CME and Nasdaq getting involved that Bitcoin is going mainstream from an investment perspective. That's definitely a positive development, but I'm concerned about the impact that regulated futures markets will have on spot BTC prices. As I understand it, these markets will be run during standard market hours (Monday-Friday) with circuit breakers and other volatility-reduction mechanisms. And I think we all recognize the amount of capital that Wall Street can introduce to the market -- that goes for both the long and short side.

Are there any ongoing discussions/threads about the impact that these new markets will have? The spot market used to follow China. Now it seems to follow Bitfinex/Bitflyer. I wonder if it will follow CME/Nasdaq in the future.

[hahahafr]

Yeah i saw it on reddit at the morning, but how do you know that this is real? the price has not pumped because of this notice, and when the CME said that they were going to do the same, the price made more than 5%.

Maybe it is not increasing because we all know that we are passing through a "dip" situation, and the price is slowly recovering from that dip, but who knows, the market is very strange at the moment.

If it is true, then i am sure that it will be huge, everybody is trading with NasDaq, and everytime that you open the forex markets the first thing that you look at is the NasDaq index.

[iamTom123]

This is huge: Nasdaq Plans to Launch Bitcoin Futures in First Half 2018 https://www.wsj.com/articles/nasdaq-plans-to-launch-bitcoin-futures-in-first-half-2018-1511968313 Now we have another serious reason to HODL! How much do you think will be the price pump this time?

This and more can be the big reasons why we are seeing Bitcoin doing some rampage and even if there would be corrections those are just temporary as more and more people are now looking at Bitcoin seriously. The volatility is part and parcel of Bitcoin and newbies should be educated on that so they won't easily panic when there is a big dip. a big dip is a big opportunity to make some profit as Bitcoin will always get back to its feet again and again after a 'crash' which is now kinda so normal.

The futures contracts which was started to be floated by CME will be a catalyst for other exchanges to also introduce their own version due to the increasing demand from their own clients. Well, as they are saying, the more the merrier. It is about time that the Bitcoin market expand some more and this might be helping lessen the volatility which many feared the most. Definitely, Bitcoin is strong and is here to stay regardless of what Mr. Jamie Dimon might say.

[andamers]

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 is only plans so that may not effect in price but if happen will make bitcoin break some new prices (20,000$ -40,000$)

[beerlover]

This is huge:

Nasdaq Plans to Launch Bitcoin Futures in First Half 2018

https://www.wsj.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?

Obviously, there are great times ahead for bitcoin and with Nasdaq launching CME futures this would really give bitcoin some huge step towards the bull run. However, bitcoin is really becoming more of an investment tool than a currency as it is and trust me, I really do not want to make it sound like I am being pessimistic or something, but we have to face it that bitcoin will end up more of a speculative investment in the long run.

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 !

Great times to be alive and part of the moment indeed. Being a part of this generation is actually very awesome and with the development with blockchain technology and the evolution of currency, it just gets more interesting. Nasdaq launching Bitcoin Futures is really a great step and that would really give bitcoin a huge edge as well as a great increase in value in the long run.

[aardvark15]

This is huge:

Nasdaq Plans to Launch Bitcoin Futures in First Half 2018

https://www.wsj.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?

I think we need to be cautious about this announcement because it may not necessarily be a good thing. I am no expert on the futures market, so someone please chime in on this. I’m thinking that this could cause manipulation of the price of Bitcoin. The market can sell something they don’t own, so couldn’t this drive the price down? They can buy and sell without owning Bitcoins (or at least owning just a small percentage). I just don’t know if this is a positive or not.

[raven7886]

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.

I feel that is just the main point here. The involvement of most of these folks, and trust me we cannot discard any of the names, both CME and NASDAQ.

But one thing is that this shows the fact that bitcoin is gaining more grounds as an investment tool and that is really going to mean a lot for investors in the long run as we will end up seeing more investors coming in. I am not sure where this may lead us, but we just have to be careful and at the same time optimistic.

[KaliLinux]

This is huge:

Nasdaq Plans to Launch Bitcoin Futures in First Half 2018

https://www.wsj.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?

I think these kind of news itself will create a demand in bitcoin since everyone will plan to HOLD bitcoin at least till end of 2018. Why there are few people concerned about their involving that they gonna make this positive in trading or to some bad market. Is there  reason or any chances to push this to crash.I don't understand whats bad in their involving. I will take this as positive since the wallstreet posted it and this gives me some hope about how WSJ understand about this cryptos.
Also there are many retails giants will accept BTC as a mode of payment in future soon. That will really pump it up

[sana54210]

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.

It is a real pain but I do not think this is something that would end up continuing like this.
I am still very eager to see how the whole thing will play out but I guess as an investor we should be more optimistic that things are going to get more interesting in coming years.

We cannot say yet how everything will play out for now or if NASDAQ will indeed do as said, but a lot is coming up for bitcoin and that I am sure.

[cpfreeplz]

I don't see the value in this. That's probably because archaic markets like this baffle me. So you out in fiat to bet on the future price of bitcoin and somehow that's more legitimate than a bitcoin ETF? The ancient financial market is a freaking joke lol. Whatever. Hopefully we just continue on this bullish trend.

[Yousint0r]

other good news and it is great to know more sites may accept bitcoin if Nasdaq   Launch Bitcoin