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Futures on Bitcoins will be introduced next week on CBOE and the week after on CME. I wonder if we will still see this kind of crazy rallies as it will be easi
by watoc 9y ago
Futures on Bitcoins will be introduced next week on CBOE and the week after on CME.
I wonder if we will still see this kind of crazy rallies as it will be easier to short it.
- thisisit 9y agoGiven the futures will be cash settled there is going to be a disconnect. So it will be interesting to see if the crazy rallies do end.
- zzxxddere333 9y agoThe run up is a result of the futures. It legitimizes bitcoin. No one in their right mind is going to short bitcoin unless they want to risk losing their shirts.
- tudorconstantin 9y agoIf one wants to short the CBOE/CME futures and also be hedged, he'd need to go long on spot price. That will only increase its price.