CME-futures is live and trading at around $19.650 USD.
World's largest futures exchange launches bitcoin futures. Trading started 1 hour ago.
7 years ago by scandinavianlife (67)
$45.51
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Hold till the moon!
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1.5 speed! up up and away
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People actually are shorting BitCoin.
If they could have done it for today, they would have been good.
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Shorters will be burnt at this level
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It's not predictable enough to short.
Talk about a gamblers bet.
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I don't think the currently available future provide any utility but I guess it is cool to see Bitcoin getting more attention.
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I agree. I'm not hugely in favor of futures markets. Did you know the Tulip bubble was created by governments money politics and futures markets? It was not the free market that created the bubble, it was intervention. So I don't like the regulations, futures markets etc.
As of right now, they are probably bullish for Bitcoin, but they will be a problem at a later stage IMO.
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This post has received a 7.97 % upvote from @buildawhale thanks to: @scandinavianlife. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.
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