> Bitcoin futures contracts are about to be offered by CME Group Inc. and Cboe Futures Exchange to mainstream investors, starting December 18th
> reasons Bitcoin is about to skyrocket
BRAINLET
5 reasons Bitcoin is about to skyrocket
Mason Scott
Nicholas Adams
How about you help me become less "deluded" instead of being a prick?
Thomas Torres
that's the beauty of crypto. wall st is going to love this asset class and you better stick along for the ride. it is impossible to define "true value".
this community is so small everyone loses perspective on how big it could grow.
crypto is a small spec in the global asset market.
Nolan Evans
>there is no way this can crash bitcoin
Except it gives people financial incentive to expose the Bitfinex Tether fraud that has been going on since early this year lmao.
>legitimacy to crypto is the only cause of a pump
Everyone knows of the futures news by now, it is most definitely priced in. Institutions wont buy bitcoin when they invest in the futures. What you want is an ETF.
Alexander Ross
You think the boys on wallstreet are going to buy at all time high? Are you new to cryptos?
They prob bought btc's beginning of the year. Now they are paying CNBC, CNN, to shill btc's to fomo normies like you... so you will buy at ATH driving up the prices even further.
When wallstreet takes over expect a huge dump not a pump.
Elijah Watson
lol so many newfags are about to get burned
Lucas Powell
>hey guys listen to me on why this thing related to bitcoin is gonna heppn
>what is a tether?
holy shit get the fuck out never post again
Kevin Stewart
institutional money does not have any meaningful exposure to crypto. these asset managers are dealing with trillions of dollars. if they put even 1% in crypto the market will feel it.
i would agree with you if wall st already had a huge position. crypto hedge funds only equal 2.5b USD right now.
Chase Hughes
if the tether conspiracy turns out to be true, we will have the buying opportunity of a lifetime immediately following it. let it come if so.
Parker Wood
Didn't an ETF get denied by the SEC or something?
But I would argue that bitcoin's price is driven to a not insubstantial degree by finance amateurs, even whale amateurs who've been here for years. The market seems especially irrational and inefficient, I'm not sure what is priced into bitcoin. Seeing what effect the Wall Street futures markets have on BTC once they open may be a good case study for how it reacts to most news of a similar type.