Author

Topic: BTC futures (Read 304 times)

hero member
Activity: 1106
Merit: 637
December 10, 2017, 01:17:51 AM
#5
when this drops what does it mean for us miners? or the coin? I hear terms like "Correcting price"

what can we expect?

The futures speculating won't happen on the blockchain so there won't be a direct connection to investors speculating on futures contracts and the price of bitcoin at any single moment. What will need to happen, though, is for investment firms to buy and hold Bitcoin to serve as reserve for the trades their making (law requires it). So there should be some new buying, and that's probably what's helping generate the price growth to this point.

It's possible that some bearish investor could buy a put (or make a bet that the Bitcoin price is going to go down) and then sell Bitcoin, but the amount they'd need to really move the market is significant.

Currently, futures contract speculation exists for oil, gas, coffee, pigs, soy beans, oranges, etc...the prices of these commodities is not some crazy roller coaster ride. The price of contracts is reaction to the real market activity, not a driver of it.
sr. member
Activity: 283
Merit: 250
Honesty is the best policy
December 10, 2017, 12:34:24 AM
#4
No one knows what will be happened. But I can tell you bitcoin have good and bright future.If you invest it you can make good money. There are many people making good money form bitcoin investment.
member
Activity: 140
Merit: 10
December 09, 2017, 12:16:28 PM
#3
No one knows what is going to happen to the price. The general feeling is that it will increase thanks to the legitimacy and popularity that futures will bring. I believe this as well, but as I said, no one knows for sure.
full member
Activity: 224
Merit: 102
Too Many Miners Not Enough Electricity
December 09, 2017, 11:45:40 AM
#2
coming soon right?
full member
Activity: 224
Merit: 102
Too Many Miners Not Enough Electricity
December 08, 2017, 07:24:55 PM
#1
when this drops what does it mean for us miners? or the coin? I hear terms like "Correcting price"

what can we expect?
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