Post
Topic
Board Bitcoin Discussion
Re: Wall street move into Bitcoin next month
by
tomahawk9
on 26/11/2017, 16:17:06 UTC
Chicago Board Options Exchange to Launch Bitcoin Futures beside CME Bitcoin futures & with Goldman sachs investment bank advising its investors not to ignore Bitcoin anymore the future of Bitcoin looks very good.

https://cointelegraph.com/news/chicago-board-options-exchange-to-launch-bitcoin-futures-announces-specifics

Old news.
But yeah, as soon as the CME group released their bitcoin futures announcement, we knew that wall street floodgates had been opened. To be honest, I don't like this at all, market manipulation from Wall Street is bound to happen at some point, and whether this is good or bad for the market is yet to be seen. For now, everyone seems to be happy that btc might get a pump in the price next month due to bitcoin futures, but this is in the short-tem, i'm worried about the involvement of Wall Street in the long-term and what it could mean for the btc market in the future.