Bitcoin's legitimacy 2017

in #bitcoin • 8 years ago (edited)

As Bitcoin moves forward - CME Group, the world's leading and most diverse derivatives marketplace launched bitcoin futures, pending all relevant regulatory review periods. Investors were betting it will go higher. Once within the Marketplace and stabilized for big investors. "Time to invest" , is now...

The new contract will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of the U.S. dollar price of bitcoin. Bitcoin has had an fantastic year. Its price has skyrocketed more than 1,700% since the start of January, partly on the expectation that more and more mainstream investors will begin trading it. Bitcoin futures will be listed on and subject to the rules of CME, making it a greater investment to come.

The drop in price from 19,000 down to 12,000 is just the beginning of Bitcoin becoming a truly viable commodity to invest in for the future. Once you provide investors with transparency, price discovery and risk transfer capabilities, the price will go up.. and up..

the dip.jpg

Bitcoin futures will be listed on and subject to the rules of CME.

Central Banks to Hold Crypto Reserves :

#cme #market #index #money
8 years ago in #bitcoin by
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