I Was Worried About the CME Bitcoin Futures Market Until Now.

saidbelfellah (39) · 7 years ago

Bitcoin 😂 = +11000$ WTF

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theabsolute (63) · 7 years ago

Over $15k now!

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serkagan (65) · 7 years ago

Thank you for your opinion, up to a certain point, of course, fears for the fate of Bitcoin have always occurred, but futures trading seems to me to be the official recognition of US Bitcoin! Thank you for the video @hilarski

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4 votes

mbk (41) · 7 years ago (edited)

exactly. this legitimizes cryptos for the mainstream which will only push the values higher. WALL STREET and the CME will NOT and more importantly CANNOT fundamentally change bitcoin. They are looking stupid because they cozied up to the central banks and now this whole new, global, organic, free (you know what I mean) system is lose and they didn't participate. And yes, you have to understand the difference between price and value!!!!

didarulselim (47) · 7 years ago (edited)

the CME Bitcoin Futures Market post is nice, you say right, your Bitcoin discription is nice,

kubston (40) · 7 years ago

In my opinion futures can only affect badly for BTC in 2018.

marculisse (43) · 7 years ago

Very interesting post. Some ideas from my economic studies at university:
The fact that they don't have real bitcoin doesn't really matter. The future will be negotiated on a regulated and opern market and probably CME volumes will be really better than Exchange volumes. So, in the market, people will psicologically be influenced more by future than by realt BTC. I study economy and this is normal for evry real asset that has a future. Wen you open television and they talk about oil price, they don't say "oil at the saudi oil camp is...." but they say "future's prices are...". So with CME futures some big market shocks can be trasmitted to Bitcoin.
What will be banks-Future relation?

They will easily be able to short bitcoin shorting the future. This will greatly affect the BTC market (see point 1)
CME futures will be dominated by trading volumes of great investors and bank, also with hyper-tecnologic methods like High Frequency Trading https://www.investopedia.com/terms/h/high-frequency-trading.asp

So, pay a lot of attention. Surprises are really, really possible.
Hope for the best, prepare for worst :D

hilarski (76) · 7 years ago

That was my original worry. I am not as worried as I was prior to talking to the guys.

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marculisse (43) · 7 years ago

I believe that tecnically what you said in the video is correct.
But personally i believe that bitcoin price will be moved by the future market because it will be the merket under all word's eyes.
Then, we also have to consider that future will be based on a index of prices based on exchanges Bitstamp, GDAX, itBit and Kraken. So the reference market won't be as big as the whole bitcoin market and will be itself easier manipulable than all the BTC market.

marculisse (43) · 7 years ago

PS: you can find official CME announcement with exchange list here http://www.cmegroup.com/media-room/press-releases/2017/10/31/cme_group_announceslaunchofbitcoinfutures.html
maybe you already know the link, but I imagine some users will find this info useful :D

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salahchiva (59) · 7 years ago

bitcoin is fly fly haha

mvrr007 (55) · 7 years ago

well sir if u ask my opinion if u want to do long term investment then u should go for monero or Zcash....this currencies have lower market capacities and monero is quite a famous currency too so probability of monero is highest after bitcoin.... ones bitcoin hits a higher values people will look for alternate ways....Investing in the currency is more like investing in collectible people r buying them coz there are less of the out thr if i had alot of money i would buy something rarer than something with alot of market capacity....If ur a long term investor u should know the meaning of increasing demand thats the main thing happening in the market right now it will sure make few currencies reach top of the market..

englishtchrivy (72) · 7 years ago

btc hits 10k euro :D
awooooooooooooooooooooooooooooooooooooooooooooooooooo

amrumk (61) · 7 years ago

CME Group will launch Bitcoin futures, based on the CME CF Bitcoin Reference Rate (BRR), on December 18, 2017, building off of the success of the BRR and demand for a regulated trading venue for the digital asset market.

feel free to read here..

Your opinions about the bitcoin and CME group future venture gives us more strength to go with BTC. Thanks for your support.. @hilarski

dragonking (57) · 7 years ago

Great video conversation @hilarski. I think BTC will rise up more onwards. BTC is great investment currently.

madushanka (74) · 7 years ago

Yup....Bitcoin going moon.

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itasteemit (58) · 7 years ago

I see the digital currency can skyrocket, and also can go free, like steem and sbd, why be so? .. because I have interpreted a currency is an honor for the currency itself. why do those who have parties do not seek a way to maintain that honor? whether it has been designed a certain politics?

mimbel (51) · 7 years ago

The Cryptocurrency is inevitable in the future

abderrahimlafifi (56) · 7 years ago (edited)

Thanks sir for the information 👌😲 Will rise more than $ 20,000

team101 (61) · 7 years ago

Thanks for this information as I am reading, watching, learning and cheering crypto currancies on.

lowlylutfur (55) · 7 years ago

oh, that's good... thank you @hilarski I was worried about bitcone in 18. now, i feel good.

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rockjon (60) · 7 years ago

The CME will have less of an impact since it's not buying the underlying asset (BTC) directly. Most futures contracts are settled in cash before they expire.

I do think something that would have a much larger effect on BTC is approval of a Bitcoin or cryptocurrency ETF as it would purchase BTC/other cryptocurrencies directly.

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nacktepoesie (58) · 7 years ago

Awesome and good news! Did you meet Aaron Koenig there as well? Have a safe trip home, all the best from Berlin.

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hilarski (76) · 7 years ago

I sure did, we partied like Rock Stars last night at karaoke.

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machhour (61) · 7 years ago

Yes i told you bitcoin will skyrocket:)

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thecryptotrader (63) · 7 years ago

But in 2018, alo Nasdaq

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magnata (66) · 7 years ago

I think you with great experience in the market of crypto currency are not afraid, you can already guess what will happen to bitcoin in the future. And take the right actions.

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aqbayli (45) · 7 years ago

the listing of Bitcoin on CME and CBOE on 10/12/2017 are very postive news for the growth of bitcoin for the long trem

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hassanjony (46) · 7 years ago

really appreciated, your Advise video was really right, thanks for sharing. waiting for next one

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theabsolute (63) · 7 years ago

Interesting. I'm still skeptical that a big correction is on the horizon, but I wouldn't be totally out of Bitcoin either

bloomberg215 (54) · 7 years ago

Nice video. Bitcoin is going higher. CME is not going to stop this. Gold and Silver are manipulated, but this is not the same.

badol1994 (62) · 7 years ago

I can learn a lot about steam by posting your bitcoin and learn so much thanks for sharing it.

dim753 (65) · 7 years ago

Very interesting the labitconf i watched some by youtube i learned some new things about btc and how people is working on it. Regards friend

kingsberry (58) · 7 years ago

Thank you for sharing your points. No worries with bitcoin investment. I really like bitcoin movement. Its giving great return investment for us.

samuel-swinton (61) · 7 years ago

I'm glad it won't do much to impact the markets. Don't want something slowing down the Bitcoin train!

alamin0263 (57) · 7 years ago

Bitcoin is growing so faster.. in 1 week reach 2 times ATH.. before new year we will see more..

melip (61) · 7 years ago

Hi Mr. Hilarski, I'm a big fan of you. Congratulations on Maximus. I wrote this article a few weeks ago and I would love to have your opinion. I agree with your feelings about Bitcoin Futures. Please give me your feedback on it.
https://steemit.com/bitcoin/@melip/the-bitcoin-game-of-manipulation-dare-to-think-outside-bitcoin
Thank you!

hilarski (76) · 7 years ago

Thank you @Melip!

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lucygarrod (51) · 7 years ago

@hilarski I have been seeing so much FUD about CME that I had started to panic. Thanks for putting my mind at ease :)

tomfreeman (44) · 7 years ago

Bitcoin and steel to the moon. The future will be massive💪

lifecruiser (57) · 7 years ago

Even I wasn't quiet sure about Bitcoin in 2018 after the Futures Trading, and its impact on Bitcoin.

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theabsolute (63) · 7 years ago

Now $13,000! This is crazy. How high is this going to go?

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treydojaamusic (39) · 7 years ago

Good insight. I guess only time will tell but i feel your right on track =)

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resteemia (56) · 7 years ago

if btc drops again, this is how it feels us. impressive video & nice post @hilarski

@resteemia
reteemed & upvoted & commented & followed

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rtdcs (63) · 7 years ago

Hold BTC and ETH ... it's just the beginning

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dinisanda (57) · 7 years ago

Yes....1000% agree with you... @hilarski
Btc is green green green....
I'm always trust btc and steem can change mt future...specialy I'm hold btc and steem for my family future...
Thank for sharing smart videa with us...
Cheers~~~

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dobartim (83) · 7 years ago

This is exellent news

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theguruasia (67) · 7 years ago

@hilarski,
This is a very interesting topic and a nice video! According to you 2018 is a good year for BTC! That would be a good news and thanks for sharing such useful video with us!

Cheers~

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minnowspower (55) · 7 years ago

Congratulations @hilarski

Exceptional video with lots of useful information to all crypto traders and holders...!!!

50% Upvoted by @MinnowsPower

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sizuka (53) · 7 years ago

Fabulous one!!!

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steemwija (58) · 7 years ago

@hilarski - Sir today I read some bad review about BTC :( They said most of 99Bitcoins.com said are lies.... No good idea about it, but want to hear you opinion in upcoming days too Sir.... Nice video & very informative post you shared Sir....

+W+ [UpVoted & ReSteemed]

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shagorshikder (54) · 7 years ago

the great description....
thank's for shating@HILARSKI

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rahulsaini (57) · 7 years ago

Wow! Bitcoin is going +++++ and now at +11000

$12,461

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dinsha (64) · 7 years ago

yes we can expect to see more on next year for sure...
nice video @hilarski
Cheers!

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bitgeek (62) · 7 years ago

Congratulations @hilarski, this post is the tenth most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 300 and the total pending payments to posts in this category was $5292.32. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

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blazing (70) · 7 years ago

Thanks for the updates nice video :)

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khalidfarki (41) · 7 years ago

Thanks for the information

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miguelportela (55) · 7 years ago

CME will have only positive impact because no one is crazy to short the biggest bull market in history!!!

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atul8888 (48) · 7 years ago

Nice post. :)
https://steemit.com/bitcoin/@atul8888/bubble-or-not-the-smart-way-to-make-money-with-bitcoin

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