Bitcoin futures

B

bookish

Anyone have any idea what is going to happen with the price of BTC when futures go live?

Someone pointed out that short selling could slow it down a lot. There are plenty of people who think the bubble is ready to pop. Then again, there are also plenty of eager young people with money; and more eager retirees.

What are your thoughts?
 
bookish said:
Anyone have any idea what is going to happen with the price of BTC when futures go live?

Someone pointed out that short selling could slow it down a lot. There are plenty of people who think the bubble is ready to pop. Then again, there are also plenty of eager young people with money; and more eager retirees.

What are your thoughts?
More...
I don't know what I'm going to do for breakfast tomorrow let alone what bitcoin price is going to do.
 
Now that I've thought about it I can tell you exactly what it is going to do and why.
Its going to plummet. Non stop until its nearly worthless.
Because I bought some.
After I sell, it will go back up.
Would anyone like to purchase an alert for when I sell?
 
bookish said:
Now that I've thought about it I can tell you exactly what it is going to do and why.
Its going to plummet. Non stop until its nearly worthless.
Because I bought some.
After I sell, it will go back up.
Would anyone like to purchase an alert for when I sell?
More...

Feel the Bern!
 
bookish said:
Now that I've thought about it I can tell you exactly what it is going to do and why.
Its going to plummet. Non stop until its nearly worthless.
Because I bought some.
After I sell, it will go back up.
Would anyone like to purchase an alert for when I sell?
More...
I feel ya man, how much you selling the alert for? I might buy.
 
I think every hedge fund in the world who cannot buy it in the cash market will buy it. Though the CME had no plans for bitcoin futures in September, maybe the Federal Reserve told them to list it so they can sell 4000 futures at market like they do in gold futures. Could make the cash/futures arb very profitable.
 
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