Bitcoin Futures - the beginning of the end...?

[Crypto Bloke]

Will the 'big money' of investors be spent 'betting' on Bitcoin prices, and not actually invested in Bitcoin in the future?  Could this be the begining of the end for this 'speculative bubble' that we seem to be in at the moment?

Maybe we won't see the price of Bitcoin continually rising in 2018 as it did in 2017...?

 

[pereira4]

Will the 'big money' of investors be spent 'betting' on Bitcoin prices, and not actually invested in Bitcoin in the future?  Could this be the begining of the end for this 'speculative bubble' that we seem to be in at the moment?

Maybe we won't see the price of Bitcoin continually rising in 2018 as it did in 2017...?

 

Not really. Futures must be cash settled, which means all these "too big too fail" corporations betting on it and losing would need to print a lot of extra money. This could lead to wall street destroying itself it they are too stupid about things. I don't see why people are scared about Futures. It's just more FUD. Also there's the issue with forks:

https://www.youtube.com/watch?v=o7TtwckPCUI

TLDR: Futures are actually bullish. They can't short Bitcoin and get away with it with no loses.

[Crypto Bloke]

so Pereira4 - do you think Futures could lead to an increase in Bitcoin price over the coming weeks?

[fiulpro]

Futures will for sure increase the price of bitcoins in the upcoming week, obviously without a doubt the price is gonna sky rocket since a lot of investment is gonna come flowing in and thus the demand and supply rule will come into play, also futures can increase the price of bitcoins for a short while only after that the bitcoins will be out there in the market within a big bubble that could bolw anytime because now it will be regulated by the Companies and thus may create a future that's so ^tulip^ for the bitcoins and thus it can negatively affect everything when we think for the larger time scale, they could end the bubble anytime they want by selling off a lots of shares and thus creating a mass deficit.

[sgbett]

Cliched I know but I’d say it’s just the end of the beginning. Buckle up!

[dead_m92]

And here it goes, the same question that has been answered thousands of times on the past, sure that you are the first one, congratulations.

Could this be the begining of the end for this 'speculative bubble' that we seem to be in at the moment?

nothing is going to happen to bitcoin today, there are only a few hours left to see it happening, has something happened to the price?

yes, it went down yesterday, but now it is at $15,5k each bitcoin, do you really think that this price is down?

dont worry, everything is going to be fine, it is just matter of time until we break another all time high again.

[fabiorem]

To make the price fall, they need to actually buy bitcoins and short them. But the investors who buys futures contracts are not buying bitcoins, they are buying a contract. Now, the fund who is selling the contract might buy bitcoin in case the investor wants the real product in the end, instead of cash.

The issue is when the operation is inverted, because its possible to sell a bitcoin which you dont have as well. They have been doing that for years with stocks: http://www.zerohedge.com/news/2017-12-09/crypto-cornucopia-part-4-without-it-youre-talking-mad-max that why theres FUD over it.

[exstasie]

Will the 'big money' of investors be spent 'betting' on Bitcoin prices, and not actually invested in Bitcoin in the future?  Could this be the begining of the end for this 'speculative bubble' that we seem to be in at the moment?

I don't understand this logic. If Bitcoin is to go mainstream, cash-settled futures markets are to be expected. For all we know, Wall Street institutions want to short the futures market to the ground. But they could easily fail; retail demand could simply run them over. Covered shorts on the futures market won't drive spot prices down.

And if they really want to drive the price down, they need to drive the price down on the underlying spot markets. Institutions won't expose themselves to that kind of counterparty risk. So they can't really manipulate the spot markets. As long as retail demand remains, the uptrend will continue.

[Fidemoga]

No, I am sure, that futures will not affect the Bitcoin price, because it is like betting with no real trading. But I fear, that governments will soon try to regulate Bitcoin trades and take more influence because of the additional popularity through the Bitcoin futures. Maybe there will be some little up- and downmovements, caused by publicity predictions.

[twobits]

Will the 'big money' of investors be spent 'betting' on Bitcoin prices, and not actually invested in Bitcoin in the future?  Could this be the begining of the end for this 'speculative bubble' that we seem to be in at the moment?

Maybe we won't see the price of Bitcoin continually rising in 2018 as it did in 2017...?

 

It will be applied to the companies that were feeling doubt with the legalism of the bitcoin. The bitcoin futures become the alternative contract for them all to play with the crypto. but remember the futures contract is not giving anything to the bitcoin. the more speculators will come from there.

[TERA2]

Tulips didnt crash until one year after futures were launched, so we have about a year I guess.

[Denker]

Tulips didnt crash until one year after futures were launched, so we have about a year I guess.

Sombebody seems to be extremely salty here.
Dude this is pretty lame FUD.
Try something else maybe?!
Everybody knows the tulip comparison is totally nonsense. Do some proper research and even you should be able to realize that.
However if it helps you to be that bitter cause of having missed that BTC train I'm fine with that 

[talkbitcoin]

it is tough to say really but things are just getting started. the futures are not the way people buy and end up hoarding bitcoin, the actual markets are. people are literary pouring into exchanges such as Coinbase and Gemeni to buy bitcoin. these exchange servers are having a tough time even handling this increase in demand all of a sudden.

the "big money" that you are talking about is big but it is not bigger than the total money coming from millions of people and coming from "all around the world". that "big money" of yours is so centralized and in one place.

[yg10]

There are already results of first trading day of Bitcoin futures on CBOE:
http://cfe.cboe.com/cfe-products/xbt-cboe-bitcoin-futures

Symbol   Expiration           Last           Change   High           Low           Settlement Volume
XBT/F8   01/17/2018   17500.00   +2040.00   18850.00   15420.00   15460.00   2794
XBT/G8   02/14/2018   18000.00   0.0           19140.00   18000.00   18000.00   14
XBT/H8   03/14/2018   18000.00   +1570.00   19330.00   14710.00   16430.00   50

So February(G8) and March(H8) contract prices are higher than January(F8).
And total volume is ~3000BTC which much lower than volume on BitMex.

[favelle75]

looks like there are too many buy orders on futures trading. I checked and people buyin for January 2018 contratcs around price 18.000$
So we will not see below 18.000$ by the end of 2017

[BTCLovingDude]

true.
it is the beginning of the end for all those who haven't invested in bitcoin already and all those who were spreading FUD about bitcoin instead of pulling their head out of the sand.
it also is the beginning of the end for the banks and their outdated systems.

[alyssa85]

Well far from going short, the opening of futures on the Chicago Board Options Exchange (CBOE) has made the price jump back up by 17%.

I think lots of people who badly want some bitcoin action but don't want the hassle of dealing with unregulated exchanges are piling in. The only problem is that these futures are five week futures, so in about 5 weeks time, some people are going to see losses!

[teilwalL05]

These are all speculative theory and we can not see what will really happens in the future, we can just all say that 2018 is not gonna become bullish, but we can really have different opinion in what bitcoin may head, and in my opinion because banks are now engaging with bitcoin right now and a lot of forks are heading our way let's just say that bitcoin will still be bullish in the year 2018.

[Coffee135]

true.
it is the beginning of the end for all those who haven't invested in bitcoin already and all those who were spreading FUD about bitcoin instead of pulling their head out of the sand.
it also is the beginning of the end for the banks and their outdated systems.

The end of the banking system began in 2008. I think that bitcoin is not by chance appeared at this time. People were convinced that the current economic system is leading us to a standstill. Therefore, the popularity of bitcoin is growing so rapidly. Now a lot of talk about futures, but I am sure that they are or not, the price of bitcoin will only grow.

[thecodebear]

This is more like the beginning of the middle. The end of the beginning occurred this year when Bitcoin finally moved out from being a novelty and starting moving to becoming a new asset class. Wall St getting in means eventually they'll start investing directly in Bitcoin, so this is the beginning of the middle - the mainstream rise from mere low 5-digit prices to well into the 6-digits over the next few years.