<p>I do not consider the Futures Exchanges to be a good thing.</p>

<p>I don't trust large institutional traders.  They can and will manipulate prices in their favor.  I believe they are currently running up the price artificially ahead of the start of Futures trading.</p>

<p>Once futures trading begins, they'll short BTC then dump it.  The price will plummet, and their shorts will make a fortune.  Then they'll trumpet how they were right all along about it being a bubble; a bubble of their own creation, burst to benefit them.</p>

CC BY-SA 3.0
2017-12-07T18:24:51.413Z
I hate conspiracy theories; however you might be right.  Futures are an almost perfect way to manipulate price.  Having said that, there may just be enough hodl'ers looking for a nice buying opportunity to effectively counter the issue.  In my opinion, its a good thing transactions take a long time to process because that should give humans (hodl'ers) a chance to react.
Hannah Vernon
CC BY-SA 3.0
2017-12-07T19:20:30.647Z
Pure speculation, and also this conspiracy theory is gaining so much traction, it'd be stupid for them to actually do it. So many shoe shiners think they know what instutional money is going to do but the truth is smart money won't make sense to dumb money.
matt
CC BY-SA 3.0
2017-12-07T19:25:47.197Z
Every answer would be pure speculation: No one can predict the future. So you're stating the obvious, then not offering any counter-point beyond saying that I'm "dumb money".
abelenky
CC BY-SA 3.0
2017-12-07T17:56:06.237Z
2017-12-07T20:57:24.660Z
2017-12-07T20:57:24.660Z
abelenky
<p>do you think bitcoin futures exchanges (CBOE/CME) are a positive or negative for bitcoin price and why?</p>

<exchange-rate>
do you think bitcoin futures exchanges (CBOE/CME) are a positive or negative for bitcoin price and why?
user67478
# do you think bitcoin futures exchanges (CBOE/CME) are a positive or negative for bitcoin price and why?

(Asked by: username_0 on 2017-12-07)

do you think bitcoin futures exchanges (CBOE/CME) are a positive or negative for bitcoin price and why?

**Tags:** exchange-rate


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## 1 answers

### Answer by username_1 on 2017-12-07. Score: 3

I do not consider the Futures Exchanges to be a good thing.

I don't trust large institutional traders. They can and will manipulate prices in their favor. I believe they are currently running up the price artificially ahead of the start of Futures trading.

Once futures trading begins, they'll short BTC then dump it. The price will plummet, and their shorts will make a fortune. Then they'll trumpet how they were right all along about it being a bubble; a bubble of their own creation, burst to benefit them.

> **Comments:**
> **username_2**: I hate conspiracy theories; however you might be right.  Futures are an almost perfect way to manipulate price.  Having said that, there may just be enough hodl'ers looking for a nice buying opportunity to effectively counter the issue.  In my opinion, its a good thing transactions take a long time to process because that should give humans (hodl'ers) a chance to react.  
> **username_3**: Pure speculation, and also this conspiracy theory is gaining so much traction, it'd be stupid for them to actually do it. So many shoe shiners think they know what instutional money is going to do but the truth is smart money won't make sense to dumb money.  
> **username_1**: Every answer would be pure speculation: No one can predict the future. So you're stating the obvious, then not offering any counter-point beyond saying that I'm "dumb money".  

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