Post
Topic
Board Press
Re: [2017-12-01] It’s Official – CME Group to Launch Bitcoin Futures December 18
by
CryptoBry
on 01/12/2017, 15:36:28 UTC
Welp. I think it's very likely we will see a  nice boost to price now due to anticipation in the market up until close to 18th. Maybe close to the date ther'll be some manipulation in order to lower the price when they start trading?
Then on 18th it will skyrocket again.

I agree, since CME has already announced it officially, expect tomorrow that we are going to reach ATH again. For me, its bound to happen and I have anticipated it or most of members here have anticipated this kind of event that's why you didn't see bitcoin going below $9000 eventhough it has retracted quite a couple of times. More cash will pour into the ecosystem once more and this kind of news are want we all been waiting for especially at the end of the year. We still have the Nasdaq futures still, the news said that by Q2 they will be ready. I don't know manipulations though, I can only speculate that is really getting harder to manipulate now since there's a lot of whales pumpers now unlike before when the Chinese can do fake volumes until they were caught by PBoC.

I am personally expecting that the future of Bitcoin will be rosier and brighter with the latest developments in the market. Finally, we can say that Bitcoin is now accepted as a legitimate currency/asset by those in the traditional investing platforms. I am so sure that this will just be the start as an snowball of futures product and services from established finance firms would be introduced in 2018. CME is just right in providing the catalyst. We are hoping that this CME project would be a stunning success!