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WATCH OUT FOR BITCOIN


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Posted
3 hours ago, Swizzbeat said:

ASSUMING this is remotely true (I see no proof that it is) the CME is extremely hard to manipulate as the index is based on multiple exchanges. CBOE would be much easier to pump/dump as it's only based on Gemini.

CME futures are due the 26th, CBOE futures were due last Wednesday.  You don't manipulate the futures price, you manipulate the current price of BTC... which is why BTC has been sitting around 10.7-11.3

Posted
4 minutes ago, griffpage said:

CME futures are due the 26th, CBOE futures were due last Wednesday.  You don't manipulate the futures price, you manipulate the current price of BTC... which is why BTC has been sitting around 10.7-11.3

What I'm saying is there's an equal incentive for a price rise/fall. I know future settlement is based on the actual price of BTC which is why I brought up how the CME is based on an index of different exchanges.

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