Post
Topic
Board Speculation
Re: Nasdaq Plans to Launch Bitcoin Futures in First Half 2018
by
aardvark15
on 01/12/2017, 16:46:54 UTC
This is huge:

Nasdaq Plans to Launch Bitcoin Futures in First Half 2018

https://www.wsj.com/articles/nasdaq-plans-to-launch-bitcoin-futures-in-first-half-2018-1511968313

Now we have another serirous reason to HODL! How much do you think will be the price pump this time?

I think we need to be cautious about this announcement because it may not necessarily be a good thing. I am no expert on the futures market, so someone please chime in on this. I’m thinking that this could cause manipulation of the price of Bitcoin. The market can sell something they don’t own, so couldn’t this drive the price down? They can buy and sell without owning Bitcoins (or at least owning just a small percentage). I just don’t know if this is a positive or not.