Next week Futures expire

[denk0815]

Do you know at what time the futures expire?

[ClutchThese]

I’m not 100%. It’s sometime after 5pm EST on Friday, Jan 26.

[denk0815]

Thank you.
I've searched for hours but can't find anything official. 

[buwaytress]

Initially, I didn't care much for the CBOE/CME futures, given that they were after all cash settled. But after the first futures expired a few weeks ago, it did begin to make sense that follow-on effects of all those contracts that would have lost a lot money would mean a rush to liquidate Bitcoin - at least to gain more hard currency to follow up on more contracts. So yes, these expirations would probably result in further losses - except that I suspect a lot of people would have rushed in to buy new 1-month LONG contracts at the discounts of the past weeks.

So the most likely for me: both sides pressure to cancel each other out, so BTC to oscillate at current levels. Less likely is either side being dominant, long contracts to push prices above 15k, or further shorting to bring it down below 10k. Don't forget we'll have a lot of new money coming in.

[ajochems]

Jan 29th futures expire... will this be a new LOW? Possibly 7-8K this time?

I recommend watching Jan 27-29 prices VERY CLOSELY!

If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.

These are just my thoughts and speculations.

If the price reduced further more, for example 7-8 k.You have to buy a bitcoin as much you can. It will be golden opportunity to get into bitcoin. If you are a newbie and had a plan to get into bitcoin trading, this is the right time. Best option in trading is using the Market fall.Cheers.

[investeerder]

Jan 29th futures expire... will this be a new LOW? Possibly 7-8K this time?

I recommend watching Jan 27-29 prices VERY CLOSELY!

If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.

These are just my thoughts and speculations.

If the price reduced further more, for example 7-8 k.You have to buy a bitcoin as much you can. It will be golden opportunity to get into bitcoin. If you are a newbie and had a plan to get into bitcoin trading, this is the right time. Best option in trading is using the Market fall.Cheers.

But I doubt many people does that since we cannot tell on what would be the outcome of bitcoins for its succeeding days since looks like the bitcoins will go sleep and stable at this moment since their is current fear running on it. And I will just recommend just to trade with it and stocking is not the right time for that since we will make our money sleeping unlike tradings where we can gain more.

[ClutchThese]

In my opinion, Futures are the miners insurance policy. They hold BTC for long positions and can short it with futures. This allows them to continue setting the higher transaction fees. They’re making money hand over fist like this.

[Wind_FURY]

In my opinion, Futures are the miners insurance policy. They hold BTC for long positions and can short it with futures. This allows them to continue setting the higher transaction fees. They’re making money hand over fist like this.

Can you explain this a little more? If the miners are shorting Bitcoin futures then they are adding more risk in their "portfolio".

Plus I do not see any relation of shorting futures and setting high transaction fees. It is arguable and unproven that the miners flood the mempool to raise the fees. It is the users who set the fees.

[ClutchThese]

In my opinion, Futures are the miners insurance policy. They hold BTC for long positions and can short it with futures. This allows them to continue setting the higher transaction fees. They’re making money hand over fist like this.

Can you explain this a little more? If the miners are shorting Bitcoin futures then they are adding more risk in their "portfolio".

Plus I do not see any relation of shorting futures and setting high transaction fees. It is arguable and unproven that the miners flood the mempool to raise the fees. It is the users who set the fees.

Well, there hasn’t been much movement today. So I’m not sure I was on the right track. It was just a theory, but doesn’t seem like the future expiring today has had any major impact in the prices.

[Beegovere]

Jan 29th futures expire... will this be a new LOW? Possibly 7-8K this time?

I recommend watching Jan 27-29 prices VERY CLOSELY!

If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.

These are just my thoughts and speculations.

If the price reduced further more, for example 7-8 k.You have to buy a bitcoin as much you can. It will be golden opportunity to get into bitcoin. If you are a newbie and had a plan to get into bitcoin trading, this is the right time. Best option in trading is using the Market fall.Cheers.

But I doubt many people does that since we cannot tell on what would be the outcome of bitcoins for its succeeding days since looks like the bitcoins will go sleep and stable at this moment since their is current fear running on it. And I will just recommend just to trade with it and stocking is not the right time for that since we will make our money sleeping unlike tradings where we can gain more.

But I think that bitcoin is not going to stay in such a low price for a long time. it is still expected that very soon bitcoin will recover its position and will at least reach to 10k  in current month. Even after that it will continue increasing its price and hopefully bitcoin price will reach to 20 k at the end of 2018.

[bengsabeng]

you say 7-8k? now the price of bitcoin has gone below $ 7k, which is precisely at the price of $ 6500. bitcoin prices dropped because of the many negative news received by bitcoin.

[weblouartisan]

you say 7-8k? now the price of bitcoin has gone below $ 7k, which is precisely at the price of $ 6500. bitcoin prices dropped because of the many negative news received by bitcoin.

The market is volatile so it was normal for the price of cryptocurency to go down, the best thing to do is always take advantage of the market price every time the value is dropping.

[fabiorem]

you say 7-8k? now the price of bitcoin has gone below $ 7k, which is precisely at the price of $ 6500. bitcoin prices dropped because of the many negative news received by bitcoin.

What negative news? I only saw positive ones.