7 replies to this topic

[Swiss Trader]

http://www.cmegroup....oinfutures.html

[NAV]

With the introduction of futures, i think we will see better price discovery going forward.  

[redfoliage2]

_{I wish CME also has futures options for trading bitcoin futures.  Without a hedge it's very risky for bitcoin trading.}

Edited by redfoliage2, 02 November 2017 - 08:39 AM.

[bln]

_{I wish CME also has futures options for trading bitcoin futures.  Without a hedge it's very risky for bitcoin trading.}

 

Options on future will probably be listed too. CME Globex has FutOpt for most of their futures listings.

Edited by bln, 03 November 2017 - 10:07 AM.

[senorBS]

looks like a classic 5th wave vertical and unsustainable leg of a parabolic blowoff right now to me from mid Sep under 4000 - now near 7200. I'd run away from that chart. Shades of real estate 2006/2007 and dot.coms in 2000 and silver into the 2011 top, we see

 

 

https://www.worldcoi...om/coin/bitcoin  just hit the daily button when you get there

 

Senor

[tradesurfer]

Yes but the question is what will be the high price and closing price at the end of this year ???? There are 2 months left . What is to stop this from doubling again by December 31st ?

[senorBS]

Yes but the question is what will be the high price and closing price at the end of this year ???? There are 2 months left . What is to stop this from doubling again by December 31st ?

and whats to stop it from declining 50-90% and doing nothing for years? I just look at charts, IMO it's in the unsustainable straight up parabolic blowoff leg. I am not trading it - just my observation. In these situations I have observed for over 30 years that many always seem to say "this time it is different" and it never is, be fun to watch

 

Senor

[Swiss Trader]

 

http://www.cmegroup....m_campaign=None

Edited by Swiss Trader, 09 November 2017 - 03:52 PM.