Post
Topic
Board Press
Re: [2017-12-01] It’s Official – CME Group to Launch Bitcoin Futures December 18
by
digodk
on 01/12/2017, 15:44:22 UTC
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!

Well it certainly sets precedent for one. The Nasdaq event should be a big boost also. I notice bitcoin is being recognized more and more as an asset rather than currency. That is also the talk you see around on may comment sections, maybe that is where its future lies.

I fear for manipulation due to the large difference between CME and bitcoin volume, some big players might try to put a finger or two on the market. However, I agree that the more money comes in, the less we will see this type of action, specially because some big players in bitcoin do not share the same values as the wallstreet folks.

I myself will mostly just sit and watch the show as the price soars once again.