/biz/ - Business & Finance

[Anonymous No.6955471]

Future contracts expiring in 1h...are guys ready?

[Anonymous No.6955574]

>>6955471
what does this mean exactly?

[Anonymous No.6955619]

WHAT IS THIS CONTRACT NOBODY WILL EXPLAIN IT TO ME

[Anonymous No.6955620]

>>6955574

[Anonymous No.6955621]

>>6955471
Bump

[Anonymous No.6955646]

>>6955619
Some fags are shorting BTC and the contract closes today.

[Anonymous No.6955648]

Standing by

[Anonymous No.6955684]

>>6955471
go 50% in btc in 30 minutes and see where it takes me if I ride the wave for a few hours?
Or all in?
But I have too many shitcoins to sell. Not that easy to sell all at once.

[Anonymous No.6955689]

>>6955574
>>6955619
Jesus christ, at least learn the MOST BASIC investment terms before gambling with high-risk assets.

[Anonymous No.6955690]

>>6955471

[Anonymous No.6955708]

waiting for that sweet dip

[Anonymous No.6955728]

No no noooo

[Anonymous No.6955741]

>>6955689
>Future contracts
Anon, we are all here to learn and teach, so if you are informed, be kind and explain.

[Anonymous No.6955748]

>>6955619
god there are way too many fucking 16 year olds on this garbage site, would it kill you to investopedia? actually, you're probably too much of a brainlet, start with google ok bby?

[Anonymous No.6955776]

>>6955741
nah nigga, maybe you'll find some virgin to give you free info

[Anonymous No.6955798]

meh i'm not that comfy it will go up onestly

[Anonymous No.6955829]

>>6955684
bump, what do you guys think?

[Anonymous No.6955848]

>>6955798
roll into next month's expiration and keep shorting. we're fucked until it goes to 0. even though they could make unlimited profit by going long they are boomers and fuck everything up.

[Anonymous No.6955853]

>>6955829
50%, never risk it all.

[Anonymous No.6955857]

TELL ME WHAT TO DO /BIZ/ SHOULD I SELL MY ALTS OR WHAT DO

[Anonymous No.6955866]

What is the correct move here?
I'm 50% / 50% on ZRX and OMG at the moment.

Exit alts and go into BTC? Tether up? Hold?

[Anonymous No.6955873]

what time contracts expire 9est 10 est ?

[Anonymous No.6955885]

>>6955471
>mooning on a weekend
do you even follow btc generally?

[Anonymous No.6955906]

>>6955853
Do you think it is a good idea?
I am very comfy all in ven.
But if it is 99% sure that I could get an extra 10%, then why not.
But I am not really for a big risk, as I have enough ven as is.

Last time futures expired btc rose over 20% in a day if I remember right though.
But ven rose with it, 15% against BTC. It was hyped as fuck then though.

[Anonymous No.6955912]

>>6955873

it's past 10am

[Anonymous No.6955917]

just bought 100k

[Anonymous No.6955925]

long x10 leverage so if it drops i get liquidated immediately
it's all or nothing

[Anonymous No.6955941]

>>6955912
ok so did the contracts end then fuck

[Anonymous No.6955955]

>>6955829
I would leave the coins, mid-low caps tend to swing 2x whatever btc is doing. (exception for when btc makes unusually large gains) I am not expecting that to happen.

[Anonymous No.6955990]

>>6955906
it's really up to you, I don't know what your trading experience is but I started as a TA fag a couple years ago and have altered my strategy a bit since then, what I'd say to my students is to consult your trading strategy. Don't get into something just because of possible hype, I'm sure it's true that after the last contracts closed it rose 20% but this market has been unpredictable as shit, so take that as you will.

[Anonymous No.6956033]

>>6955906
stay in your position until you see the price you want, or until it reaches your stop-loss

[Anonymous No.6956042]

>>6955955
They also tend to catch up after relatively large BTC gains, it's algo bots moving money around to maximize profit

[Anonymous No.6956055]

>>6955941
Go short. Trust me even though I'm just another stranger from biz

[Anonymous No.6956068]

>>6955471
explain to me how next future contract will not continue the trend ?

[Anonymous No.6956111]

THE TENSION IS KILLING ME

GO UP OR GO DOWN

[Anonymous No.6956157]

>>6955955
>>6955990
>>6956033
All good advice.
I am just a bit tired of making the right calls, but not acting on it.
Oh well, in a year I will have ten times the money I have from just holding, and no stress etc.
I should just stop being a little bitch.

[Anonymous No.6956172]

>>6956068
It won't, people gave it too much credit for the last crash, but that was mostly traders spoiled by the bullrun spooked by consecutive days of bad news. I expect btc to stay low over the weekend and pick up monday.

[Anonymous No.6956202]

>>6955866
>What is the correct move here?
Does bitcoin ever increase/decrease in percentage points more than your alts? I've real world tested the tether up theory a few times now. It's difficult getting the timing right if you have any sort of life and in comparison to my hypothetical "what if I just held" portfolio, I always wind up falling behind a few hundred bucks from this folio.
Hold your coins, margin trade with them if you have the time.

[Anonymous No.6956302]

There is a cup and handle forming in BTC/USDT and the handle will be done when futures expire.
This must be it, all in now

[Anonymous No.6956324]

>>6956055
thanks friend im going to do it !

[Anonymous No.6956358]

>cup and handle

[Anonymous No.6956420]

>>6956358
>>6956302
On what candles? I don't see shit

[Anonymous No.6956429]

>>6956302

dude that's not a cup and handle

[Anonymous No.6956435]

>>6955689
I’ve read countless explanations of futures and still don’t understand

[Anonymous No.6956461]

>>6955689
Post screenshot

>>6956429
I don't see it either

[Anonymous No.6956471]

>>6955776
Haha, you showed those fucking autists, am I right. Hehe, you're so cool and knowledgeable and now that you insulted them you are even more cool. And in your insult you even managed to convey that you are NOT a virgin and you made it clear that you certainly don't have insecurities about NOT being a virgin hehehe

Good one dude
You daft cunt

[Anonymous No.6956499]

Here we go

[Anonymous No.6956528]

>>6956435
brainlet
you ain't gonna make it brah

[Anonymous No.6956559]

this thread makes me angry

[Anonymous No.6956590]

AHHHHH 25 MINUTES LEFT

[Anonymous No.6956594]

Watching bears get rekt in live television. This is pretty entertaining.

[Anonymous No.6956595]

>>6956471
Pic related is you after you go off the deepend in about an hour

[Anonymous No.6956636]

>>6956435
>>6955741
A future contract allows a seller and buyer to make an agreement to buy an asset class at a certain price at a certain it time. Example:
Anon 1 wants to buy 5 BTC in 2 months so he decides to get a future contract from Anon 2 agreeing to buy 5 Bitcoin at $13,000/BTC on March 26.
With a Future Anon 1 HAS to buy the Bitcoin regardless of if the price is lower or higher. Unlike an option.
Though he can sell his future contract to others on an open market. Anon 2 has to sell his 5 BTC for $13000 no matter what. If BTC is worth $30000 on March 26th he has to sell it to Anon 1 for $13000. If it goes to $10000 he has to sell it to Anon 1 for $13000.
T. Finance student

[Anonymous No.6956641]

>>6956595
you got me dude xD

[Anonymous No.6956706]

You guys are seriously overanalyzing futures. The actual capital moving through these contracts are much smaller than the volume of Bitcoin moved daily. Most of the people purchasing these contracts are large-scale mining operations locking in their long term profit.

[Anonymous No.6956722]

>>6955471
45 MINUTES LEFT WTF

[Anonymous No.6956726]

>>6956636
I should add, anon 1 makes a profit when he is able to to buy BTC for a lower price than what it is worth on the market. Anon 2 makes a profit when he is able to sell BTC for a higher price than what it is worth on the market.

[Anonymous No.6956752]

so is it going up or down in 20 minutes

[Anonymous No.6956774]

>>6956752
futures already priced in
>next futures will activate minute after expiration and it's also short

you need to sell 5k to normies if you want these faggots out

[Anonymous No.6956776]

>>6956752
up

[Anonymous No.6956779]

>>6956706

You dont seem to understand they also have monumental holdings on the exchange to manipulate the price when options settle

[Anonymous No.6956786]

>>6956752

I DON'T KNOW

[Anonymous No.6956796]

>>6956435
You should be doing manual labor

[Anonymous No.6956814]

>>6955471
Can you give me a link to where you can see this?

[Anonymous No.6956826]

>>6955748

Im 27 but 4chan is my number 1 news source.

[Anonymous No.6956829]

>>6955689
Just because you know the definition does not mean that you know how the market reacts, especially the crypto market.

[Anonymous No.6956834]

>>6956706
that's true
according to http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html
there are only 135 contacts for this month for 5 BTC each
how is <700 BTC supposed to affect the market price?

the volume is much bigger for next month though and it will only grow overtime

[Anonymous No.6956859]

So do I get my lambo yet or what?

[Anonymous No.6956914]

>>6956834
It doesn't you need to sell/buy BTC to affect the market, but since these futures are immensely profitable (25$ profit/loss for every 5$ movement) It wouldn't take a genius to figure out you can just buy a lot of BTC and then dump them on the market last moment before they expire. If you went short that is

[Anonymous No.6956941]

IT WILL GO UP

OR MAYBE DOWN

[Anonymous No.6956960]

>>6956706
You're fucking retarded. With futures, whales can make real world money, using internet imaginary money.
KYS.

[Anonymous No.6956972]

>>6955748
rude

[Anonymous No.6956989]

>>6955471
11 MINUTES LEFT

I could literally cry im so excited right now

[Anonymous No.6956991]

>>6956960
Aww OP decided to pay me a visit. Nothing is going to happen in the next 4 hours.

[Anonymous No.6956994]

>>6956960

Let the just learn from their ignorance and get hit hard

[Anonymous No.6957000]

>>6956814
https://www.timeanddate.com/countdown/generic?iso=20180126T16&p0=136&msg=CME+Bitcoin+Futures+expire+date

[Anonymous No.6957022]

Is CME a london group then?

[Anonymous No.6957059]

>>6956989
Nothing will happen :(

[Anonymous No.6957063]

>>6956834
I thought that they wont even transact the BTC itself - just settle the difference of the price, similar to CFD. In fact im sure I read that somewhere. Maybe it was for the cboe futures?

[Anonymous No.6957108]

>>6957022
Yes anon, Chicago Mercantile Exchange is a London group.

[Anonymous No.6957109]

>>6957063

Yes but they also hold actual btc which they will sell on the exchange before futures expire to drive down price. Its already happened once today

[Anonymous No.6957139]

MOON INC LADS

[Anonymous No.6957154]

>>6956752
Nothing at all. But probably a gradual recovery over the next week

[Anonymous No.6957176]

back to 11k, fuck yeah

[Anonymous No.6957181]

Can't people close these contracts at any point in time between opening and final date? Why is today so special?

[Anonymous No.6957183]

this is such a scam

[Anonymous No.6957202]

>>6957181
because idiots who don't understand how they work think they are important

[Anonymous No.6957236]

>>6957181
Because people think that the bankers would make a last ditch effort to crash the price before they're forced to close their shorts.

[Anonymous No.6957249]

DYOR
These fucking noobs can't even google.

[Anonymous No.6957261]

>>6957176
>currently trading 4k lower than it was at the same time a month ago
FULLY RECOVERED GUYS
NOCOINERS ABSOLUTELY BTFO

[Anonymous No.6957266]

>>6957154
I personally think this really is the end, looking at the graph, that rise to 19k was fucked up, I can't see it doing anything but give a short boost to 13k and then down to 7k

[Anonymous No.6957272]

Mooooooon

[Anonymous No.6957280]

jesus
everyone is buying now

[Anonymous No.6957304]

OH MY FUCKING GOD HOLY FUCK

ITS ACTUALLY FUCKING MOONING
ITS ACTUALLY
FUCKING
MOONING

FUCKFUCKFUCKFUCKFUCKCUFKJFDUFDSAKUSFDUSFDAUKFSD

FUCK FUCK FUCK FUCKLETS FUCKIGN GO HOLY SHIT FUCK
FUCK YOU NON BELIEVER FAGGOTS

[Anonymous No.6957319]

BEARS BTFO

[Anonymous No.6957320]

top kek, nest stop 12k

[Anonymous No.6957323]

>>6955471
LORD OF THE BLOCKCHAIN, RETURN OF THE KINGGGG!!!!!!!

[Anonymous No.6957324]

>>6957280
so basically futures are owning us right now. we fucking lost to the boomers guys.

[Anonymous No.6957330]

HOLY SHIT TO THE MOON BOYS

[Anonymous No.6957335]

>>6957266
Yes I agree and if it ever gets back there again it won't be until later this year, like may/june. Then again I could be totally mistaken!

[Anonymous No.6957336]

>>6956157
Didn't sell and for now ven seems to rise against the rising BTC.
Very sexy. Vechain never does me wrong.

[Anonymous No.6957342]

ETH holly shit

[Anonymous No.6957343]

>>6955471
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.6957352]

>>6957330
THE MOTHER OF ALL TIMELINES

[Anonymous No.6957473]

Buy buy buy
Easy 20%

[Anonymous No.6957681]

https://www.youtube.com/watch?v=6tGqVnsfZro

[Anonymous No.6957708]

This shit is boring.
4 Weeks down, 1 day up - next future.
Pfffffff

[Anonymous No.6957713]

Should I buy some ether RIGHT NOW?

[Anonymous No.6957754]

this is is?
pretty disappointing desu

[Anonymous No.6957777]

nothing happened desu... where's the moon?

[Anonymous No.6957830]

>>6957777
kek what a shitshow, lackluster dip and no moon.

[Anonymous No.6957844]

lmao nothing happened

nice conspiracy cock fuckers

[Anonymous No.6957851]

>>6957777
Wait some more

[Anonymous No.6957904]

>>6957713
>>6957713
>>6957713
>>6957713
>>6957713
>>6957713

[Anonymous No.6957930]

So BTC futures markets opened up 1hr 14mn ago and the market didn’t dump as bad as last time. This is the last day for two months that BTC futures will be traded. That means we should be seeing really decent gains though February and March.

[Anonymous No.6957939]

Its up 1k from today's low though, not sure what you guys call a moon but thats a lot. Imagine having bought 1 BTC this morning in the 10k range you'd have made anywhere between 600-900$

Thats a good fucking day

[Anonymous No.6957967]

>>6957939
kek, I lost 5k selling in the morning and buying back now
get on my level faggot

[Anonymous No.6958017]

Ahhh now it's dumping again.

[Anonymous No.6958029]

>>6955471
You guys thought everything would pump immediately? Kek

[Anonymous No.6958039]

>>6957967
They call him the exchanges dream. Threading water while paying trading fees.
Crypto has become too boring these days.

[Anonymous No.6958096]

>>6957967
buy high sell low, goodjob! You're a true /biz/nessman

[Anonymous No.6958178]

>>6957967
I had patience as its quite obvious that anyone involved with futures will dump it last minute to get that extra profit on their contracts. I sold my EThereum though, overpiced shit.

Also the market sentiment is quite obvious bullish as everyone is anticipating the futures contracts expiration, even though its absolute nonsense most people wouldn't dare touching BTC for long till that point. Fear=Buy

[Anonymous No.6958194]

>>6956826
There's your problem. This is entertainment, not news

[Anonymous No.6958199]

>>6957967
And that's how you lose money.

[Anonymous No.6958220]

BTC is shit. it will drop to 8k soon and there is nothing you can do about it! TROLLOLOL:OLLL!!!

[Anonymous No.6958285]

buy now! like those that bought at 20k - 15k - 12k 10k - 8k

[Anonymous No.6958339]

>>6957059
Called it!

[Anonymous No.6958354]

>>6958199
to be fair it's exactly the amount I made in past 2 days while day trading
easy come easy go I guess

[Anonymous No.6958414]

>>6957324
Sad but true

[Anonymous No.6958443]

So basically almost nothing happened. (((They))) have to step up their game

[Anonymous No.6958476]

I'm nervous this might be a bull trap. Moving back to USD, made around 1.3k from these shenanigans. I might regret this deeply in a few hours.

[Anonymous No.6958529]

>>6957777
>>6957830
>>6957754
>>6957708
These noobs are in crypto for less than 6 months and they think that the market will alway be like november/december.

[Anonymous No.6958668]

>>6958529
>Hyped event
>Nothing really happens
>Pointing out the obvious
>Sperg calling me newfag
Atleast you get a participation trophy, do you even know what thread you're in?

[Anonymous No.6958867]

>>6957202
this
When contracts expire and roll over there's always a bit of price pushing around to get position, but it's not like the entire fucking market structure changes.

[Anonymous No.6959178]

Oh look, nothing happened. You're a bunch of fucking idiots trying to read horoscopes and tea leaves. Some of you are probably trying to perform some sort of mental gymnastics to explain why what's happening makes sense. There is no secret conspiracy to manipulate with futures contracts.

[Anonymous No.6959288]

Some advice to honest /biz/ lurkers that are here: If someone here claims to have a theory that will profoundly move the markets, it's because they're delusional fuckwits that spend 18 hours a day reading charts and start making up stories that explain all the white noise that happens in any market. Don't listen to these idiots.

[Anonymous No.6960208]

>>6958867
You're the real fuckwit here, thinking that it will jump +50 or -50 minutes after future contracts expire, we'll see what happens the coming days

[Anonymous No.6960527]

>>6960208
VEN went from 1% to 5% in a few minutes. But it's sitting around 5 for the past 30 min.

[Anonymous No.6960659]

>>6960527
And that has to do with future contracts how?

[Anonymous No.6960717]

>>6959288

USDT printing -> Increase in Bitcoin price is a real thing though

[Anonymous No.6960784]

Rdy bby

[Anonymous No.6960925]

buy wall enormous

[Anonymous No.6960963]

CME futures expire at 4 pm EST, which is in 3 hours.
I don't know where you guys get their info from. It hasn't even begun.

[Anonymous No.6961591]

>>6955689
Why bro? I just 10x’d my stack, and I don’t know what all this short futures or whatever bullshit it’s called even is. I’m just glad I got sent a link to this weird little website.

[Anonymous No.6961801]

>>6955471
Is it just bitcoin that will likely pump from this or the wider market ?

[Anonymous No.6962143]

>>6960963
>CME futures expire at 4 pm EST, which is in 3 hours.

Sauce?

[Anonymous No.6962390]

>>6961801

>pump

It's going to dump you retard.

[Anonymous No.6962414]

What the fuck does this mean

[Anonymous No.6962565]

Are you all seriously retarded?

I'll clear this just this once for you since I'm getting a fucking headache with all this dumbness around here.

1. CME futures volume was around 8000 contracts, meaning it was less than 100M - do you seriously think that will have any effect?
2. Contract trading ends today, but the settlement date is 31st - NOT TODAY you fucking morons!
3. Settlement date doesn't matter at all, over 50% of the volume has already been sold.

FFS, next time check your facts and stop posting this shit.

[Anonymous No.6962818]

Dont let the large numbers distract you!
If TRX can drop from $0.30 to $0.07
Then BTC can also drop from 20k to 5k

WELCOME TO CRYPTO NOOBS!

[Anonymous No.6963160]

>>6955866
Checked.

Do NOT fucking touch your OMG. It is unironically this year's ETH and will leave your truly suicidally justed if you lose any of it trying to be cute with BTC.

BTC only makes up roughly 35% of the market now, it's not like last summer where BTC would rape everything on its movements. Just sit back and chill, your Alts will pump with BTC in relative value if they're not shitcoins.

[Anonymous No.6963254]

>>6962565
Yeah, whales with contracts won't be able to manipulate the market that is full of baby-monkeys playing with their pocketchange singin HODLHODL

[Anonymous No.6963333]

>>6955906
when there is trust in btc, ven will go up even faster.