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Thread: Bitcoin Futures Begin Trading Tonight

  1. #1
    Bitcoin Miner Ares's Avatar
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    Bitcoin Futures Begin Trading Tonight

    Bitcoin Futures begin Trading tonight at 6:00pm Central (7:00pm Eastern).

    https://www.cnbc.com/quotes/?symbol=BTC.CB=
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
    "The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
    "Some Libertarians are born, the government makes the rest."
    "Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."

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    Dangerous Donald Neuro's Avatar
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    Re: Bitcoin Futures Begin Trading Tonight

    Quote Originally Posted by Ares View Post
    Bitcoin Futures begin Trading tonight at 6:00pm Central (7:00pm Eastern).

    https://www.cnbc.com/quotes/?symbol=BTC.CB=
    Paper bitcoin will do to bitcoins what paper gold did to gold. Keep the price forever suppressed.
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

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    Unobtanium Dogman's Avatar
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    Re: Bitcoin Futures Begin Trading Tonight

    Maybe a nugget of truth in them thar words, maybe greedy people trying to cash in as they do paper gold?

    Value is what is perceived to be valuable even if there is nothing physical at all other than what is been created by 0's and 1's.

    Ultimately give me a ton of gold and silver, because it is physical and has physical uses that will survive a total (world ?) crash of the internet..

    Ponce comes to mind, and his saying...

    If you do not hold it you do not own it

    Carry on !
    "My reading no matter how transient is a dagger in the heart of ignorance."

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    Bitcoin Miner Ares's Avatar
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    Re: Bitcoin Futures Begin Trading Tonight

    Quote Originally Posted by Neuro View Post
    Paper bitcoin will do to bitcoins what paper gold did to gold. Keep the price forever suppressed.
    Doubtful, they aren't used to trading every second of every day where every asset is digitally tracked. You can't put in short position of 30 million Bitcoins when only 21 million will ever be mined. Not to mention the other unregulated exchanges would eat them alive producing one hell of a short squeeze after the CBOE closes at the end of the day.
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
    "The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
    "Some Libertarians are born, the government makes the rest."
    "Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."

  5. The Following User Says Thank You to Ares For This Useful Post:

    madfranks (10th December 2017)

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    Dangerous Donald Neuro's Avatar
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    Re: Bitcoin Futures Begin Trading Tonight

    Quote Originally Posted by Ares View Post
    Doubtful, they aren't used to trading every second of every day where every asset is digitally tracked. You can't put in short position of 30 million Bitcoins when only 21 million will ever be mined. Not to mention the other unregulated exchanges would eat them alive producing one hell of a short squeeze after the CBOE closes at the end of the day.
    However, how much of actual bitcoins are actually traded, half a million? How about soaking up some buying desire by issuing 5 million paperbitcoins, that can be instantly traded. That is $75-80 Billion.
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

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    Moderator madfranks's Avatar
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    Re: Bitcoin Futures Begin Trading Tonight

    I just caught the financial news snippet on the radio, they said that bitcoin futures for one month out are currently trading in the low $17,000's, and bitcoin futures 3 months out are in the low $18,000s.
    "Liberty is so creative, and the government is so stupid, that Iím very optimistic about the future"
    - Lew Rockwell

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    Bitcoin Miner Ares's Avatar
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    Re: Bitcoin Futures Begin Trading Tonight

    Quote Originally Posted by madfranks View Post
    I just caught the financial news snippet on the radio, they said that bitcoin futures for one month out are currently trading in the low $17,000's, and bitcoin futures 3 months out are in the low $18,000s.
    If pace maintains I think both will be disappointed.
    "Paper is poverty, it is only the ghost of money, and not money itself." --Thomas Jefferson to Edward Carrington, 1788
    "The greatest threat to the state is when the people figure out they can exist without them." - Twisted Titan
    "Some Libertarians are born, the government makes the rest."
    "Voting is nothing more than a slaves suggestion box, voting on a new master every few years does not make you free."

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