CME Bitcoin future will help to show the real price of bitcoin

in #bitcoin7 years ago

While the cheaters keep saying that the "bitcoin-bubble that will soon burst" or "it's not a financial instrument, therefore, no traditional exchange will prevent it to itself," the Chicago CME is systematically moving toward the goal of launching futures trading . The specific term is defined as the second week of December.

One of the reasons for the need for such an instrument (except for hedging longs), according to the management of the exchange, is obvious: to enable all those who want to short the bitcoyne. This will be a good test for hayters and perma-bears, which will show if they can, as they say in the market, "put money where their mouth is". If they can and will be right, they will become rich. If they can not or will not want, then the public will rethink the value of their statements. Everything is market and fair.

And for the majority of rational investors this will be an additional tool that will give an opportunity, if desired, to participate in a new asset class, without emotion, love or hate.


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