Source: http://www.zerohedge.com/news/2017-10-31/cme-launch-bitcoin-futures-q4
The CME will launch a Bitcoin to Dollar futures contract in Q4. Many of you may say what does this have to do with the price of tea in China?
To me...it means that big money wants control of Bitcoin. They want to capitalize on it and control the price through futures trading. If you are familiar with the “naked shorting” of gold/silver contracts by bankers on the CME you will know what I mean.
The Bitcoin contract is “settled in cash”...not Bitcoin. When you get into CME Futures contracts, derivatives come into play and who knows what they have planned.
This is a way of bankers/TPTB controlling Bitcoin in a way they never could have before. In addition, the regualating body for the CME will do nothing to stop criminal behavior as they see nothing wrong with the rigging of precious metals the way they do.
I hope people look into this quickly.
Altcoins will take the lead!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I was afraid this was inevitable. They'll do exactly what they've done to the gold/silver markets to control the BTC/USD price ratio. I suspect the altcoins will have to take the lead in becoming "real" money after Bitcoin is listed... I find it hard to believe they can "whack-a-mole" them all! 😉
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am not worried. I doubt that coinmarketcap, et. al, will use their index in theirs. They will just ignore it because we are well aware of what they are attempting. In fact, I believe that this ploy will fail in a big way because they will be bringing attention to bitcoin to tens of thousand of investors who currently are still stuck in the old paradigm.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It’s like having the “foxes watch the hen house”...they turn a blind eye to criminal activity.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You may be right - this YT poster agrees with you!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit