Breaking News Bitcoin will be listed on the Chicago Mercantile Exchange

Quantt

Active member
Jul 23, 2017
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#2
Regulators have just given the go ahead for the cme to trade Bitcoin.
This will start in 3 weeks.

https://www.cnbc.com/2017/12/01/cme-says-its-launching-bitcoin-futures-on-dec-18.html
Yep, for the first time Wall Street will be able to short BTC, very exciting to see what is going to happened... NASDAQ are going to offer the same + one more, don't remember the name, was in the news not long ago... bottom line very soon 3 major exchanges will offer BTC futures...
 

Jason101

Well-known member
Oct 9, 2008
1,357
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#3
Yep, for the first time Wall Street will be able to short BTC, very exciting to see what is going to happened... NASDAQ are going to offer the same + one more, don't remember the name, was in the news not long ago... bottom line very soon 3 major exchanges will offer BTC futures...
It is very likely now that someone will soon be offering Bitcoin ETF's
 
Apr 6, 2017
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#5
Naked shorting?

This is what concerns people in crypto markets. The fiat markets have far more liquidity and market cap than crypto does. The hedge funds are completely ignoring rules against naked shorting, and will bat BTC around.
 

kalott

Active member
Jul 10, 2004
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Sweden
#6
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FXX

Well-known member
Oct 12, 2017
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#7
My left toe was valued at 500 billion last night. Tomorrow I plan on selling my farts as they contain a unique blend unlike any other and I think I'll sell jars for 1 million per litre.
 

Kaeso

Active member
Oct 4, 2015
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#8
My left toe was valued at 500 billion last night. Tomorrow I plan on selling my farts as they contain a unique blend unlike any other and I think I'll sell jars for 1 million per litre.
there may be some demand on Grindr mate but not at that price :LOL:
 
Apr 6, 2017
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#10
My left toe was valued at 500 billion last night. Tomorrow I plan on selling my farts as they contain a unique blend unlike any other and I think I'll sell jars for 1 million per litre.
If you can package those assets up into smart contracts, more power to you. However, the market will decide what they are worth.
 

brewski1984

Well-known member
Sep 9, 2010
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#12
My left toe was valued at 500 billion last night. Tomorrow I plan on selling my farts as they contain a unique blend unlike any other and I think I'll sell jars for 1 million per litre.
I realise your post is a sarcastic pi55 take but think about it this way... if some guy is willing to pay me 1.5million for a worthless jar of your farts, I’m pretty certain you’d be happy for me to pay you 1million for your worthless jar of farts. That’s how stock markets work. Bitcoin might not actually be worth $11,500 but if some guy is willing to buy it from me for $12,000 you can be sure I’ll be happy to pay $11,500 for it regardless of its fundamental value. That’s where the opportunity is.
 
Likes: Lee Shepherd

Kaeso

Active member
Oct 4, 2015
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#13
I realise your post is a sarcastic pi55 take but think about it this way... if some guy is willing to pay me 1.5million for a worthless jar of your farts, I’m pretty certain you’d be happy for me to pay you 1million for your worthless jar of farts. That’s how stock markets work. Bitcoin might not actually be worth $11,500 but if some guy is willing to buy it from me for $12,000 you can be sure I’ll be happy to pay $11,500 for it regardless of its fundamental value. That’s where the opportunity is.
the fundamentals would be what was had for dinner :cheesy: