10-23 07:33 - 'ICE's crypto trading platform Bakkt will officially launch in 50 days on December 12th, pending regulatory approval.' (self.Bitcoin) by /u/kolinHall removed from /r/Bitcoin within 7-17min
Help me to explain: "CBOE to launch bitcoin futures trading on December 10"
I keep hearing stuff about shorting bitcoin, but what I don't understand is why anyone would short BTC unless they're anticipating a big drop. Wouldn't this whole thing just make bitcoin go up in value even more? Thusly causing anyone who shorted bitcoin to lose lots of money? What am I missing here ? How does this move affect individual investors like myself and many others in this forum?
The first Bitcoin Futures was available to trade on December 10, 2017. Chicago Board Operations Engine (CBOE) and the Chicago Mercantile Exchange (CME) listed the Bitcoin Futures trading in December 2017. No cryptocurrency trading platform or wallet is required in Bitcoin Futures Trading. It is because either the futures contracts settle ... CBOE to Begin Bitcoin Futures Trading December 10 In a statement published today, the firm said that trading would commence at 5 p.m. CT, with the first full day of trading starting that Monday. Bitcoin futures will begin trading 6 p.m. Sunday evening in New York, Chicago-based Cboe said in a statement. — With assistance by Rob Urban Published on December 4, 2017, 8:30 AM EST Monday, December 11, will be the first full day of trading, and trading will be free 1 through December. Cboe's bitcoin futures will trade on CFE under the ticker symbol 'XBT.' CBOE said trading will be free through December — a move likely aimed at drumming up interest ahead of the launch of bitcoin futures on December 18 by rival CME Group.
HUUUGE BITCOIN DUMP COMING?!!! OR A BREAKOUT TO $10,000?!!!!
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