Topic: Do bitcoin futures make the bitcoin price crash? - page 2. (Read 641 times)
I actually think that the futures will do good to Bitcoin overall. As written in the first post, the more exposure Bitcoin receives, the more buyers will jump in and this will drive price eventually up. I dont care much for short term ups and downs, in the long run there is only one direction for Bitcoin.
I'm betting on high positive peaks and breaching $18k barrier in the next 18h
Let's hope I'm right.
Let's hope I'm right.
Its been 2 hours after futures trading has begun so far no drastic up or lows...keeping fingers crossed!
The buyers in the futures market are seprate from the buyers of actual Bitcoin.
Bitcoin may experience an attempt at manipulation from time to time.
But the futures market only brings in buyers that would not have explored this option before.
All the press, hedge fund, and broker interest in Bitcoin has only solidified its permanency.
Short sellers will get squeezed with no mercy.
The more Bitcoin is talked about, the more exploratory buyers will adventure in.
Any 'crash' will quickly be bought up and a floor will be established.
It will never go to zero.
They have had 8 years to stomp out Bitcoin, it is far too late for that now.
Governments will only incorporate it to suit their own needs and perceptions, as greed & profit will prevail.
Do bitcoin futures make the bitcoin price crash?
https://www.tradingview.com/chart/BTCUSD/EbetGKoI-Do-bitcoin-futures-make-the-bitcoin-price-crash/
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