Quote from: reflector on December 11, 2017, 07:35:54 PM

Quote from: jimbo2000 on December 11, 2017, 07:22:43 PM

Quote from: oleg.orlov on December 11, 2017, 07:15:55 PM

Hi, guys! Am I right that CBOE futures holder can not receive real bitcoins due to contract's conditions?

Yes you are right, they are cash settled futures, that means that any difference is settled in USD and not in bitcoin, in fact no bitcoin is ever traded, in that sense it is more of a bet on the price of bitcoin than anything else.

You find the cboe investors will go to invest on bitcoin like millions of dollars so that will be definitely reflected in bitcoin chart around 3k USD to 5k USD.
I haven't read their conditions and norms which they have. However, every contract will be paid as they mentioned in the paper or agreement.

Oh no doubt there will be a knock on effect in the bitcoin market, just no bitcoin will be directly traded in such futures trades. Of course investors will look to buy or sell at certain price points depending on their futures contracts.