Bitcoin futures

[Pettuh4]

Bitcoin future will be bright as speculators keep on speculating the price of bitcoin will keep on growing high. More investors will invest in bitcoin and government of many countries will adopt bitcoin as their secondary money, so to that bitcoin will sustain it market value and it exchange rate will skyrocketed to as high as $50000 in the next few years to come.

As I gaining knowledge about bitcoin I realized on how amazed the bitcoin has. It brings everyone to ahead one step higher to there way of living as bitcoin helps them to earn. I would say the bitcoin future will be brighter as brither of the sun that still increasing its value from time to time unexpectedly and I believed that it will continue in the future.

If the current demand  for it keeps increasing then why not it will also keep growing in value on the market and the future  for the long term investors are getting richer and richer. I believe in bitcoin's future and it has been a dream of mine since i got to know bitcoin to keep pilling them up until i make so much on it to be able to sell back for profit.

[Deathgamer]

As i can see for the next few years, bitcoin will dominate the economy. It will be the number one crypto currency sooner. This has reached the highest exchange value at present so anticipated that it will still go higher and higher as time passes by. This has been so amazing since this has motivated a lot of user. We strive harder in order to invest in the right time and eventually we get bigger in return. That is absolutely very favorable to us since we benefit a lot with bitcoin. I can also see that we would have cashless society for the next twenty years. We ni longer have to bring bulky amount of money instead we would just bring our gadget with wallet then transact everything through bitcoin.

[Gameflip ICO]

As we can see now, futures played positive role so far in Bitcoin's rate.

[XinXan]

As far as I know, bitcoin futures does not affect bitcoin price directly. When you buy buy futures, you can go short or long on bitcoin futures, and by that you expect the price to go down or up respectively, in order for you to have a profit (but you are not buying or selling bitcoin).

The "problem" with futures, is that you can now win money if the bitcoin price goes down. What everyone is saying" is that there is a great opportunity to buy bitcoin before the futures goes live, and by doing this you are making it's price go up (specially if you are a whale, like the Wall Street guys are). When futures go live, those guys can just short bitcoin, and at the same time sell the bitcoins they've bought before the futures went live. Since they have plenty of money, they might be able to have some influence on the bitcoin price, so by selling coins, they will be winning on the short they did on futures, and will cash out some profit out of the bitcoin sale as well.

After this they can go long on bitcoin futures, and at the same time buy bitcoin that is now at a shorter price, and again win on both sides. Of course this is not that linear, and the market will still be unpredictable, but this is a possible set up made by Wall Street whales, and this might be a way for the futures market to influence bitcoin price.

Thank you for a clear answer

I suspected this was the case, ie that futures trading itself has no impact on the bitcoin price, but rather adds an incentive to manipulate the bitcoin price.

However, is it not just as likely for the whales to go long & manipulate the price upwards as it is downwards?

Maybe but Wall Street whales aren't going to invest a lot of money into bitcoin simply because it's too volatile. If many of them work together they could do anything they want with bitcoin's price but that would be market manipulation which is illegal.

How is such a thing proven? has there been any cases where people have been found guilty?

Because I feel in order to not bet against (& screw up) each other A LOT of whales have to come together and bet in the same direction.

Well yea, plenty of cases. I feel that it would be much more obvious with bitcoin since the volume isn't really that high.
https://www.fbi.gov/news/stories/trader-sentenced-in-spoofing-case-involving-market-manipulation

It's not easy to get caught but it's not impossible either.

[AidenCasanova]

As far as I know, bitcoin futures does not affect bitcoin price directly. When you buy buy futures, you can go short or long on bitcoin futures, and by that you expect the price to go down or up respectively, in order for you to have a profit (but you are not buying or selling bitcoin).

The "problem" with futures, is that you can now win money if the bitcoin price goes down. What everyone is saying" is that there is a great opportunity to buy bitcoin before the futures goes live, and by doing this you are making it's price go up (specially if you are a whale, like the Wall Street guys are). When futures go live, those guys can just short bitcoin, and at the same time sell the bitcoins they've bought before the futures went live. Since they have plenty of money, they might be able to have some influence on the bitcoin price, so by selling coins, they will be winning on the short they did on futures, and will cash out some profit out of the bitcoin sale as well.

After this they can go long on bitcoin futures, and at the same time buy bitcoin that is now at a shorter price, and again win on both sides. Of course this is not that linear, and the market will still be unpredictable, but this is a possible set up made by Wall Street whales, and this might be a way for the futures market to influence bitcoin price.

this post explain alot of thing to me about BTC future
if that's what happen as long as legal and this method is already used since old time in japan, we just can watch and learn from it
if we can make profit from it, let's take that opportunity
just like people said, ride the waves and also becareful not to drown

[Jedie22]

As i can see for the next few years, bitcoin will dominate the economy. It will be the number one crypto currency sooner. This has reached the highest exchange value at present so anticipated that it will still go higher and higher as time passes by. This has been so amazing since this has motivated a lot of user. We strive harder in order to invest in the right time and eventually we get bigger in return. That is absolutely very favorable to us since we benefit a lot with bitcoin. I can also see that we would have cashless society for the next twenty years. We ni longer have to bring bulky amount of money instead we would just bring our gadget with wallet then transact everything through bitcoin.

If I will base on the previous performance of bitcoin especially this year, definitely bitcoin has a bright future. Nowadays, its value bubbles up for just short period of time that really record breaking performance. If there will be more country regonized and legalized bitcoin for sure thats value is not just like that amount expecting it to increase. Also, many speculations that bitcoin will burst and totally go down its value but it doesn't happened at all infact its value still increasing and gaining more profit to those investors and users. Well, obviously as the bitcoin increasing there will also some bad speculations so that the value will decrease and grabbing a good opportunity to those users and investors to invest and vise versa which is also depends the supply and demands in the society. I believed that bitcoin will continue and overcome the different obstacles that may encountered in the future.

[reijusama2583]

Well I think bitcoin will never end because it was well known and useful to everyone so that it will never gone through out the years that will come. Bitcoin helps a lot of poor people specially on the third world countries they give an employment on them that is why they can contribute on the society that they were belong and because of that many people surpass their own dilemmas because of bitcoin. Bitcoin will never lose because many people have a benefit on it and it is some how a solution on a economy that was devastated and because of that it will continue to progress.

[RamonBTC]

To be confused and concerned of new things is normal but thinking about negative effects of that is unnecessary. You have to trust the system and give chance to it. And we should always take a glimpse about what it can bring in a more positive way.

[alexsandria]

Hi!
I'm a bit confused by all the talk about how bitcoin futures will affect bitcoin price.

As far as I understand, a futures contract is a binding agreement between 2 parties where mr A will buy an asset from mr B at a beforehand specified price and time.

The asset can be any commodity like oil etc, and are used both by producers as hedge and by speculators.

It is often possible to settle the agreement directly in cash, without buying/selling the actual underlying asset. I suspect most speculators prefer this option.

So, how will bitcoin futures work?
Will they require buying/selling bitcoin itself or will they just be settled in fiat cash?

I suspect these futures will primarily be used by speculators who probably will prefer to just settle them in cash.

So why would such a contract affect the bitcoin price at all?


I'm new so thanks for taking your time and explaing this to me

Bitcoin is very useful in many ways in our world today. This bitcoins are used as a digital currency that somehow we can use to buy things. We also can use it as a sourcr of income for those who doesn't have any jobs. Bitcoin future for me will somehow be bright in a sense that it will be famous and it will be somehow progressive in the future.

[Dmitry.Vastov]

Bitcoin had a good past and have a very bright present,but its future is quite uncertain. Bitcoin future  will be depends upon by its past achievements. Many economist predict that bitcoin will a bright future because of its increasing price at international market. Many developed country like japan using bitcoin as payment method. Amazon like online shopping company thinking about bitcoin for trading with their goods. These thing boost its popularity and also guide it towards a bright future. 

[Forhadm]

Bitcoin future is really good because Bitcoin is now an interesting currency also be an international currency of the world of all others bank Bitcoin is the place of first ranking may be and I thought it's future was so good .

[Rajamuda]

Just thinking positively, I'm sure bitcoin would be still giving its best side until the future, it remain be strong because of more support I guess. Whatever many people do over time with bitcoin, I'm sure most people certainly have a different activities and I'm sure bitcoin still tends to moving higher that's affected by all the activities that everyone does.

[screwUdriver]

Bitcoin future is really good because Bitcoin is now an interesting currency also be an international currency of the world of all others bank Bitcoin is the place of first ranking may be and I thought it's future was so good .

bitcoin are not a mania, it's the gold of the future ... Interest in bitcoin will continue to grow. If there is a crisis in the future,  sooner or later there will, next financial crisis to have a good impact on the price of bitcoin

[Granxis]

It is very difficult to comment on the future of Bitcoin, I can comment for 2018. But it is impossible to predict for a long time. Why is it impossible ? Because technology is constantly advancing. Nobody can stop this progress. If one day a more technological and useful coin emerges than Bitcoin, our guesses will be wrong.

[szpalata]

To me the future is glaring for all to see due to the rise in demand  for bitcoin on a daily basis, the main driving force of bitcoin;'s growth and existence is the people  who create the demand and so if more and more people are embracing and adopting bitcoin then it goes to tell us that the future is really bright and bitcoin will keep growing.

[akihiro101117]

only demand and supply affect bitcoin price.
since bitcoin has a limited supply, if the demand for it increases, the price of 1 btc also increases.

[Forcesweets]

To me the future is glaring for all to see due to the rise in demand  for bitcoin on a daily basis, the main driving force of bitcoin;'s growth and existence is the people  who create the demand and so if more and more people are embracing and adopting bitcoin then it goes to tell us that the future is really bright and bitcoin will keep growing.

Don't you afraid of fact that futures buyers invest money not in crypto, but in financial instrument? Nowadays the Wall Street investors pump bitcoin with futures price, tomorrow they can dump market...

[UsernameBitcoin]

Bitcoin futures is going to likely lead to the price falling. I have seen this happen to many markets before including recently Bitcoin Gold where the future market tanked just before the coin came out. So I think BTC is going to crash soon after the future market gets going.

[Naoko]

I don't think that bitcoin will fall the next couple of years, but we need to solve the issue with long transactions...bitcoin can thus lose the interst to itself...it becomes inconvenient to work with it

[sana54210]

Bitcoin future will be bright as speculators keep on speculating the price of bitcoin will keep on growing high. More investors will invest in bitcoin and government of many countries will adopt bitcoin as their secondary money, so to that bitcoin will sustain it market value and it exchange rate will skyrocketed to as high as $50000 in the next few years to come.

As I gaining knowledge about bitcoin I realized on how amazed the bitcoin has. It brings everyone to ahead one step higher to there way of living as bitcoin helps them to earn. I would say the bitcoin future will be brighter as brither of the sun that still increasing its value from time to time unexpectedly and I believed that it will continue in the future.

If the current demand  for it keeps increasing then why not it will also keep growing in value on the market and the future  for the long term investors are getting richer and richer. I believe in bitcoin's future and it has been a dream of mine since i got to know bitcoin to keep pilling them up until i make so much on it to be able to sell back for profit.

A lot of questions were raised with the entrance of the futures market but for now, it seems things are still going pretty well even though some people still believe there could be some level of manipulation in the long run. Bitcoin is a strong growing world that is going to keep growing and that really in itself gives it a future that no one can terminate. So for now, we just have to stay optimistic.

As we can see now, futures played positive role so far in Bitcoin's rate.

Sure, they are really playing some positive rates but I still have my doubts though. I trust my enemies more than I can trust those guys on the wall street. It is in their blood, and even as much as this could be some tough market, they may want to try some stunts, but I want to believe the market is ready for them and they will get whatever they want to ask for if they try any stuff eventually.