Quote from: bitcub on November 01, 2017, 10:37:25 PM

Bitcoin is acting so weird now, it doesnt follow its usual price chart pattern. It should go down by now by the way. I guess it is because many people are still holding bitcoin in hope of getting a BTG coin. After the fork it should go down.

Quote from: micloop on November 01, 2017, 07:44:02 PM

Hey guys,
I saw BTC's price goes UP to the moon these days and I'm think about what causes it so.
My guess is that CME group announced it intends to launch bitcoin futures in the fourth quarter of 2017.
Everyone is seeing that BTC is a solid thing. What do you guys think about it?
Here is the notice: http://www.cmegroup.com/media-room/press-releases/2017/10/31/cme_group_announceslaunchofbitcoinfutures.html

It only means that there is very significant price pressure that is pushing it up. I could bet that this is institutional money that is coming in. As you said - in traditional speculative world (as bitcoin was few years ago) the big correction already should have happened.