CME Futures Launch

MoneyTec Forums Cryptocurrency CME Futures Launch

This topic contains 4 replies, has 4 voices, and was last updated by  DDRB 1 year, 4 months ago.

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  • #1655

    DDRB
    Member
    • 14

    As many might be aware that today is the FIRST day for Bitcoin Futures. The first Bitcoin futures started trading Sunday. Bitcoin dropped heavily in last couple of days reaching near $13k before picking up things equally sharply to get up higher. So do you guys think is this going to benefit Bitcoin in the future? I certainly feel this is a big achievement and will help things a lot in future!

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    #1674

    Dr.Infinite
    Participant
    • 23

    It has really made the whole Crypto world jump with joy as we see Litecoin tripled its price while ETH too gained heavily and Bitcoin obviously gained between 25-30%, so all going absolutely crazy since that launch.

    It will be interesting whether this is going to hold or not, so let’s see! I am really optimist about it.

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    #1679

    george
    Member
    • 14

    I haven’t focused on this much, so I don’t know how much it made the move, but I think others have moved more, so how can you say it is because of Bitcoin getting on the futures helped them? Anyhow, all I know is that everything is certainly working out for Bitcoin and even for other Cryptos, it’s really the honeymoon period for investors!

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    #1736

    Zuko
    Participant
    • 14

    It will be interesting how things work out today with BTC futures launch by the CME, it’s hard to say as where things might be heading, but I believe right now it looks like on the gains.

    So, it will be really very interesting if it really goes that way or not. I am really excited about how it all works out; as it is all given that there will be a good movement.

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    #1758

    DDRB
    Member
    • 14

    Well, I agree with some of the views above. I just like add that it might bring in the stability that was previously missing. I believe this might stop Bitcoin from reaching very high, but it will certainly bring stability and give control of the market to everyone instead of just few handful people, as that is the way we could see a lot of gains coming in.

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