Quote from: HasHe on December 01, 2017, 11:57:55 PM

Quote from: traderperspective on December 01, 2017, 05:47:18 PM

What do you think the CME will result in, in regards to price, in the short term after launch? Will smart money try to push down prices with heavy short positions, or vice verca? What is your opinion?

In short term,it would increase bitcoin price more.It is for this reason that most people are excited.But they fail to see the consequences in future which may cause a huge crash in bitcoin price just like what happened earlier in tulips during 1600's.Here,in bitcoin futures,bitcoins would be sold in contracts which are cash settled.So,bitcoins may be delivered during expiry period.Speculations will be more.Bitcoin price may rise very high and may suddenly crash also.

I think in short term there will be a pump, as it happened with CBOE futures, when Bitcoin made one of the largest growth in % in 5 minutes time, I think the same will happen upon CME launch. I have a quick video proving my point, would be glad to hear your feedback:
https://www.youtube.com/watch?v=JsR9N-TDBWM