CME LAUNCH

Stupidasole
Stupidasole

Price predictions for the next 12 h

t 25k test

All urls found in this thread:
http://www.bantix.com/bitcoin-futures-cboe-vs-cme/
http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html
https://www.youtube.com/watch?v=kiaK7etvzuU&feature=youtu.be
https://youtu.be/oIscL-Bjsq4
https://youtu.be/Hm7vnOC4hoY
https://youtu.be/ygQtml-Xsog
https://www.youtube.com/watch?v=15JCb6P60Vw
https://www.investopedia.com/terms/c/cashandcarry.asp#ixzz51ZnGc9dL
Crazy_Nice
Crazy_Nice

@Stupidasole
When exactly do the futures launch?

Gigastrength
Gigastrength

@Stupidasole
Doesn't CBOE already have futures? Why would this be any different?

Sharpcharm
Sharpcharm

@Crazy_Nice
20 minutes. They start at 5pm central.

SniperWish
SniperWish

@Crazy_Nice
5pm CT ~ 20mins from this post

BlogWobbles
BlogWobbles

@Crazy_Nice
5pm

CodeBuns
CodeBuns

@Crazy_Nice

20 minutes

Looks like the people who were scared of this sold earlier today and caused the dip, and last week CBOE cause a spike up and then a gradual bull for the week following, so hopefully this just starts the run up to 25k

Fuzzy_Logic
Fuzzy_Logic

@Sharpcharm
At the CBOE launch the price jumped up and started a nice rally, don't know if I should jump in now

5mileys
5mileys

@Crazy_Nice
always in 3 days
in 3 days it will be 3 days
etc etc
you get the point

iluvmen
iluvmen

@Fuzzy_Logic
It's rallying right now, it was at 19200 earlier an hour ago and now its 19700. You better jump in before it moons.

Gigastrength
Gigastrength

30k in 30 minutes cap this

Emberburn
Emberburn

@Gigastrength
http://www.bantix.com/bitcoin-futures-cboe-vs-cme/

We will be testing 20k+ for sure

Fried_Sushi
Fried_Sushi

Anyone know where we can view the orderbook for CME?

Lord_Tryzalot
Lord_Tryzalot

@Gigastrength
unfortunately had a dream about today and it went to 330k

tfw it wont be like that :(

Deadlyinx
Deadlyinx

@CodeBuns
Or the price could crash as people try to short it. But that's unlikely.

PackManBrainlure
PackManBrainlure

@Fried_Sushi
this. We need some info about wtf is going on at CME

Skullbone
Skullbone

@Stupidasole
14k

Emberfire
Emberfire

@Stupidasole
Wherever the futures bet it will go it goes. We can hate wall st, but don't underestimate them.

Evilember
Evilember

@Fried_Sushi
in your brokerage account

RavySnake
RavySnake

@Emberburn
So....they're basically the same. Unless you think the Gemini auction is considerably off or that volume would impact the price?

AwesomeTucker
AwesomeTucker

@Lord_Tryzalot

Soon my friend, soon.

Boy_vs_Girl
Boy_vs_Girl

Topkek, the futures currently trading opened with $77 mil volume on first day and has reduced steadily to like $20 mil per day.

Meanwhile BTC is trading at $13 billion per day.

Boomers with their fucking chump change lunch money.

ZeroReborn
ZeroReborn

@RavySnake
volume
and
optimisim

cum2soon
cum2soon

@Emberfire
fuck 'em. what are they gonna do? they can't make BTC owners sell if they don't want to. If wallstreet wants to sell BTC for 15k or lower, I will gladly buy it from them (but they will have to buy it from me for 1 million a piece one day, write this in fucking stone).

StonedTime
StonedTime

@Gigastrength
CME contracts are 5 BTC, CBOE is 1 BTC. CME futures the biggest futures market in the world. CME gonna short BTC. 8k in 24 hours.

Stark_Naked
Stark_Naked

@Sharpcharm
Is there anyone covering this live on youtube?

Lunatick
Lunatick

@StonedTime
shorting btc

Booteefool
Booteefool

http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html
10 minutes delay so should get numbers in 15

quite sure they follow exchange price and not the reverse, they are our slaves

Spamalot
Spamalot

@cum2soon
In the long term what you say will prove true. But they are not stupid and they want to bet on it to make more money. If eventually they bet it will go down, I would take some profits and buy the dip. Most btc owners will not sell, but a few btc owners who own a LOT and can pay off the exchanges have probably been accumulating and are cooperating with pools just like they do with all markets, except most markets they play with are in the trillions.

happy_sad
happy_sad

@StonedTime
nice fud, just like last time xDDDDDDDDD

askme
askme

start selling your alts boys..

idontknow
idontknow

@Stupidasole
can't wait to laugh at CME trying to short BTC.

likme
likme

HERE WE GOOOOOOOOOOO

PackManBrainlure
PackManBrainlure

How scared should I be right now guys?

Are we fucked or is this just a nothing burger?

Burnblaze
Burnblaze

CUT MY LIFE INTO PIECES

Emberfire
Emberfire

@askme
done already. how long to go?

RumChicken
RumChicken

God I cant wait to see this rocket ship take off

StonedTime
StonedTime

I really want them to short BTC and then Bitfinex to print a billion Tethers and short squeeze them into a massive pink wojacking

ZeroReborn
ZeroReborn

@Crazy_Nice
N O W

O

W

AwesomeTucker
AwesomeTucker

we're all fucked chaps, brace yourself for impact. buy the dip

FastChef
FastChef

buy the moment

Need_TLC
Need_TLC

WOULD YOU WRAP YOUR ARMS AROUND ME....

AS I'M FAAAAAAAAAAAAAALLIIIIIIIIIIIIIIIINNGG

Sir_Gallonhead
Sir_Gallonhead

@StonedTime
born just in time to witness total cyber economic warfare

King_Martha
King_Martha

is the launch pad ok? im seeing no volume

Spamalot
Spamalot

Cmon fat cats ill sell my bags at 30k but only tonight

Evil_kitten
Evil_kitten

@Stupidasole
Jump up to repeated new ATHs before they short the fuck out of it - probs manage to get down to $15kish via normie panic selling before pushed back up and even faster pump to higher highs ($50kish) following before consolidation most of 2018.

Screencap this.

Inmate
Inmate

ITS FUCKING STARTING AAAAA

idontknow
idontknow

@Stupidasole
LOAD THE SPACE SHIP WITH THE ROCKET FUEL

kizzmybutt
kizzmybutt

Nothing happens: the thread

Methnerd
Methnerd

nothing happened lul

TreeEater
TreeEater

@kizzmybutt

DATA IS DELAYED TILL :15

UNTIL THEN AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

PackManBrainlure
PackManBrainlure

where are /our whales/?

Skullbone
Skullbone

@Stark_Naked

https://www.youtube.com/watch?v=kiaK7etvzuU&feature=youtu.be

SniperWish
SniperWish

Oh shit red dildos incoming

TurtleCat
TurtleCat

REEEEEEEEEEEEEEEEEE its crashing

DeathDog
DeathDog

HODLLLLLLLLL

AwesomeTucker
AwesomeTucker

AAAAAAAAAAAAAAAAAAAAAA

BunnyJinx
BunnyJinx

@Skullbone
THANKS user
ITS GOING DOWN
I REPEAT
ITS GOING DOWNN

New_Cliche
New_Cliche

you guys are fucked

Nojokur
Nojokur

oh fug

Garbage Can Lid
Garbage Can Lid

EXIT ALL BITCOINS NOW

Sir_Gallonhead
Sir_Gallonhead

AAAAAAAAAAAAAAAAAAAA HOLY SHOT

Boy_vs_Girl
Boy_vs_Girl

Relax fags

we are going to make it

bull

Soft_member
Soft_member

AHHHHHHHH

haveahappyday
haveahappyday

Neo safe heaven

hairygrape
hairygrape

@Stupidasole
Lmao reking longs before reking shorts. Comfy as fuck.

Methshot
Methshot

give me all your cheap buttcorns

Snarelure
Snarelure

Buying BTC on CME day

Flameblow
Flameblow

watching this is better than going to a theme park man

PurpleCharger
PurpleCharger

wtf i didnt kno btc hit 20k today thats dope

Nojokur
Nojokur

this is so fucked up. Who let the banksters even do this bullshit? Defeats the point of buttcoin

Stark_Naked
Stark_Naked

nothing is happening

Inmate
Inmate

THROUGH THE FIRE AND FLAME WE CARRY ON

lostmypassword
lostmypassword

So premium over spot's right around where CBOE is, 500-1000.

@Skullbone
@Flameblow
It's like golf, with an autistic audience screeching.

Methshot
Methshot

thanks for the FUD, I just bought a shit ton of BTC during the dip

Skullbone
Skullbone

WHATS THE SOUNDTRACK FOR THIS GUYS?

Evilember
Evilember

@Methshot
he thinks the dip is over

Firespawn
Firespawn

@Nojokur

nothing is happening

TalkBomber
TalkBomber

CME is trading at 18k now, fucking kek

and these are FUTURE contracts guys

SniperWish
SniperWish

@Nojokur
2017
buying buttcoin

TechHater
TechHater

@Skullbone
through the fire and flames

CodeBuns
CodeBuns

sold at 19250
rebought at 18800
:)

Ignoramus
Ignoramus

@Skullbone
https://youtu.be/oIscL-Bjsq4
i can feel it in me bones

Illusionz
Illusionz

20.5k futures

girlDog
girlDog

@Skullbone
https://youtu.be/Hm7vnOC4hoY

happy_sad
happy_sad

@Illusionz
sooo... it's gonna go up?

Deadlyinx
Deadlyinx

Da Jew man goblin up all dem bitcorns

Techpill
Techpill

@TalkBomber
@Illusionz
Hmmm

Methshot
Methshot

@girlDog
cut my bitcoin into satoshis
this is my last mortgage

PackManBrainlure
PackManBrainlure

@Ignoramus
https://youtu.be/ygQtml-Xsog

SniperGod
SniperGod

@Illusionz
Stream has the bid/ask at 19935/20015

ZeroReborn
ZeroReborn

and here is CBOE now thats its opened again

whereismyname
whereismyname

@Methshot
lmaooo

Garbage Can Lid
Garbage Can Lid

@TechHater
GET. THE. FUCK. IN. HERE

https://www.youtube.com/watch?v=15JCb6P60Vw

AAAAAAAAAAAAAAAAAAAAA

kizzmybutt
kizzmybutt

Gobble gobble I'm here for all your bitcorns

RumChicken
RumChicken

@Garbage Can Lid

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

MOMMY I DONT WANNA GO THROUGH FIRE AND FLAMES MOMMYYY MAKE IT STOP AAAAAAAAAAAAAAAAAAAAAAGJJJJJJJJJJJJJJJJJJJJ

PurpleCharger
PurpleCharger

@ZeroReborn
So buy?

New_Cliche
New_Cliche

all this crashing's making me rich

Nojokur
Nojokur

OH SHIT THIS IS NOT A SMALL DIP

Raving_Cute
Raving_Cute

wake me up, when futures end.....

Lord_Tryzalot
Lord_Tryzalot

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Evil_kitten
Evil_kitten

i dont have a single dollar invested in btc

is this the time to do it

Inmate
Inmate

CME=BIG SHORT

Methshot
Methshot

Why the fuck is ltc dropping too? It should go up when btc tanks!

Skullbone
Skullbone

futures are positive
/biz/ still freaks the fuck out

Every time

JunkTop
JunkTop

@Evilember
i am really hoping all this traditional trade will perish at some point.

BunnyJinx
BunnyJinx

@Evil_kitten
Wait a few hours

GoogleCat
GoogleCat

Gobble gobble gobble

whereismyname
whereismyname

@Skullbone
20,280
positive
It's all over.

CouchChiller
CouchChiller

@GoogleCat
Kek big ass dildos defiantly a hedge fund

whereismyname
whereismyname

whales accumulating

Booteefool
Booteefool

@CouchChiller
defiantly

Sharpcharm
Sharpcharm

WHATS HAPPENINGGGGGG I BOUGHT AT 19.5K THINKING IT WAS GONNA MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON

BunnyJinx
BunnyJinx

To protect against wild, mistaken price swings, CME will briefly pause trading if the contracts rise or fall 7 percent or 13 percent, and prices won’t be allowed to move more than 20 percent.

What a bunch of pussies lol

Lord_Tryzalot
Lord_Tryzalot

@askme
Already done.

Gigastrength
Gigastrength

found a chart for CME's futures but there doesnt seem to be a volume stat. Is that due to it being new and fresh? Can someone hook me up with a proper page for volume infos?

RumChicken
RumChicken

Fuck was it priced in WAS IT PRICED IN

JunkTop
JunkTop

@askme
NEVER. you BTC maximalists are about to find out why you should have listened.

MPmaster
MPmaster

@Methshot
lol

happy_sad
happy_sad

@Gigastrength
meanwhile more artsy stuff for bumps. Kinda ashamed of the 9fag branding there, but w/e. Kek wills it!

kizzmybutt
kizzmybutt

@BunnyJinx
To protect against wild, mistaken price swings

What fucking market do they think they're in?

Flameblow
Flameblow

@JunkTop
i'm 50/50 though

WebTool
WebTool

It's coming back. Buy. BUY.

TurtleCat
TurtleCat

How's that whole "futures" thing working for you cultists now?

BinaryMan
BinaryMan

tfw my alts still rising steadily

Up $400 since this thread was made

Need_TLC
Need_TLC

I LIKE IT WHEN THE CANDLE IS GREEN AND NOT RED BUT THERE IS A LOT OF RED.

GO GO TEAM GREEN GO!!!

Booteefool
Booteefool

Anything besides more sideways movement would be good for me right now. See if you can guess my position.

Sir_Gallonhead
Sir_Gallonhead

@TurtleCat
She'll bounce back. Always does.

But god damn do I wish that one of these days it didn't.

SomethingNew
SomethingNew

@kizzmybutt
it seems less of a hassle than expected so far. Future price correlates more than I had thought.

WebTool
WebTool

@Booteefool
bottom?

Stupidasole
Stupidasole

@Booteefool
hahaha close actually

Harmless_Venom
Harmless_Venom

The maximalists are about to learn a hard fucking lesson. All your bullshit about "muh decentralization, muh future of money, muh freedom from banks" is for naught. You just put bitcoin into the hands of wall street.

Way to go, idiots.

girlDog
girlDog

what the fuck is going on?

pls spoonfeed me

Gigastrength
Gigastrength

@TurtleCat
ITS FUCKING OVER

Flameblow
Flameblow

@Stupidasole
aaaaand it's nothing.

TalkBomber
TalkBomber

he still believes in the CME short meme

They're going long. Take your profits from alts today and go all in BTC.

When someone pumps bitcoin and plans to short it----from a tactical perspective, that puts them at a disadvantage. Everyone can see that they pumped it. It's like sending a soldier into an open field, rather than taking a path with cover.

On the other hand, those who want to go long---their funds are not yet on the playfield. Who knows how hard they could pump it, they could be holding huge reserves just to buy dips from when people try to lower the price of BTC and short it. Their actions are totally unknown, unpredictable, a black swan. The ones who want to go long on BTC are in a superior tactical position.

Pic related will be everyone who doesn't have large BTC holdings tomorrow.

CodeBuns
CodeBuns

@Gigastrength
OH SHIT THIS TA IS RIGHT

New_Cliche
New_Cliche

ethereum is extremely under bought
TRUTH

Sir_Gallonhead
Sir_Gallonhead

@girlDog
futures started trading 46mins ago. Expected apocalypse
nothing happens

King_Martha
King_Martha

Effective today but trading starts tomorrow you fucking dickheads

Evil_kitten
Evil_kitten

@TalkBomber
cash settled

They can short 1 billion btc in one go.

Its over the price of btc is controlled by (((them))) r.i.p satoshi's vision

StonedTime
StonedTime

Wait wtf i thought CME trading started tomorrow. It's already began?

CodeBuns
CodeBuns

@Evil_kitten
Satoshies Vision is Bitcoin cash you dumb fuck.
Let ((them)) control this shitcoin if they want to, who cares

Stark_Naked
Stark_Naked

AAAAAAAAAA WHATS GONNA HAPPEN?????

Burnblaze
Burnblaze

@Booteefool
straddle

happy_sad
happy_sad

@Evil_kitten
except the margin requirements will force them to hold a lot more than a billion in btc to even open those contracts, which means they'd have to acquire them first on the open market.

RavySnake
RavySnake

@TalkBomber
what's your definition of a large holding of btc? asking for a friend...

BinaryMan
BinaryMan

@happy_sad
THIS exactly you guys are fucking stupid kek

idontknow
idontknow

man there is some weird shit going on right now in bitcoin price.

Snarelure
Snarelure

Fuck this I'm buying my alts back.

viagrandad
viagrandad

when moon

Raving_Cute
Raving_Cute

@whereismyname
underrated

Playboyize
Playboyize

Y'all are idiots y'all don't even know how a future works y'all don't realise they all do cash settlement if y'all knew this y'all wud know that futures won't affect the price of btc at all these guys place counterparty credit risk with cash settlement upon delivery so they never touch btc. They never have to touch a btc. Ever. Y'all dumb af

BunnyJinx
BunnyJinx

@Skullbone
needs music

cum2soon
cum2soon

@happy_sad

google cme bitcoin futures quote

current volume around 300 contracts at 100k per contract.

haveahappyday
haveahappyday

Are futures trading more volatile than actual bitcoin right now?

w8t4u
w8t4u

@happy_sad
The margin has nothing to do with BTC, it only requires them to have more dollars in there

Playboyize
Playboyize

@Harmless_Venom
implying there was some transfer of ownership or permission here

DeathDog
DeathDog

reminder that ETH and NEO are undervalued

viagrandad
viagrandad

@Playboyize
that brainlet

Emberfire
Emberfire

@haveahappyday

futures trading isn't even related to bitcoin. the exchange is holding no bitcoin and it's all cash settled. they say if you make money off the bet they will just give you the equivalent amount of USD that you would have theoretically gotten from making the trade.

Since you're not actually trading a coin, affects nothing.

MPmaster
MPmaster

@Emberfire
Arb traders will obviously pick up any price discrepancy

happy_sad
happy_sad

@MPmaster

No, they won't. That's my whole point. You aren't trading bitcoin with the futures like you would be with gold or oil or corn. It's just nothing.

GoogleCat
GoogleCat

@Emberfire
I literally said more than ACTUAL bitcoin, I'm aware. I think its funny because the futures market was priding itself in decreasing volatility.

Methnerd
Methnerd

@happy_sad
Why do you need to be trading bitcoin with the futures? If I can buy futures cheaper than I can buy bitcoin why wouldn't I just buy the futures?

TurtleCat
TurtleCat

****AGHEMMMM****

SomethingNew
SomethingNew

@Methnerd
If everybody trades futures nobody is trading bitcoin. Are you stupid? Also people buy and sell BTC to influence the future market.

StonedTime
StonedTime

@MPmaster
Exactly.
Cash and carry - You can buy the contract (eg you agree that 1 month in the future BTC = 25,000) and also sell the commodity. Then wait 1 month = locked in profit

cum2soon
cum2soon

@StonedTime
sorry I got it backwards
BREAKING DOWN 'Cash-And-Carry Trade'

A cash-and-carry trade has several steps. The investor must first purchase a security or commodity. He or she then sells a futures contract for that same security or commodity. He holds or "carries" that security or commodity until the futures contract expires. When it does, the investor delivers the commodity or security he previously bought.

Read more: Cash-And-Carry Trade https://www.investopedia.com/terms/c/cashandcarry.asp#ixzz51ZnGc9dL
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