Bitcoin have a great future, and Bitcoin itself proves it time to time. Since from Bitcoin's born they are fascinating everyone, but its all up to person as how he accept time and conditions. Who make trust, faith and belief in Bitcoins by supporting them by Holding are already getting good returns, but a time spends price, value and importance along with demand is increased exponentially, Which is taking bitcoins price too much high.
But Bitcoin is decentralized so one can decide price. Along with there is no authority to support you as customer support. So getting more and more information, news and updates about Bitcoin and its environment can make user more comfortable and confident while using Bitcoins.
Topic: Thoughts on Bitcoin Futures? - page 5. (Read 990 times)
Actually bitcoin futures have no any direct relationship with bitcoin actual price well explained here https://www.coindesk.com/threat-bitcoin-futures/
And also this comment in another similar thread makes sense
And also this comment in another similar thread makes sense
I posted this as a topic so sorry if against rules for double post. Feel free remove. Just trying help.
We need to spread the word and F Wall st.
Futures are going to start trading on it Sunday night. These futures are cash settled. This means they are not connected to BTC in anyway. Like 0.0000%. They are just trading fiat aka making fiat bets on BTC's actual price. So they have endless fiat dollars to short their futures down to $0.
But here's there beauty. If tons of us stay HODL and completely ignore the futures price, futures price can be down 50% and BTC on say coinbase can be plus 20%. This would be all over the evening news and expose Wall St. for the sham it is.
Spread the word.
Example: Someone makes a billion $ bet BTC will be $5,000 Dec 31st. They are trying to effectively short BTC. If BTC on coinbase/exhanges is $10,000 on Dec 31st. This person who made the bet just has to pay the difference between $5,000 (their bet) and BTC physical price of $10,000. So they owe $5K in fiat.
It's a way to manipulate a currency/asset etc, because people think the futures is an actual price or indicator. It is neither, it is a bet is all.If everyone stayed HODL, Wall. St. would get destroyed.
We need to spread the word and F Wall st.
Futures are going to start trading on it Sunday night. These futures are cash settled. This means they are not connected to BTC in anyway. Like 0.0000%. They are just trading fiat aka making fiat bets on BTC's actual price. So they have endless fiat dollars to short their futures down to $0.
But here's there beauty. If tons of us stay HODL and completely ignore the futures price, futures price can be down 50% and BTC on say coinbase can be plus 20%. This would be all over the evening news and expose Wall St. for the sham it is.
Spread the word.
Example: Someone makes a billion $ bet BTC will be $5,000 Dec 31st. They are trying to effectively short BTC. If BTC on coinbase/exhanges is $10,000 on Dec 31st. This person who made the bet just has to pay the difference between $5,000 (their bet) and BTC physical price of $10,000. So they owe $5K in fiat.
It's a way to manipulate a currency/asset etc, because people think the futures is an actual price or indicator. It is neither, it is a bet is all.If everyone stayed HODL, Wall. St. would get destroyed.
Hi, I was curious what your thoughts are on Bitcoin Futures. Do you think this is a positive opportunity for Bitcoin investors? Or, do you think this will thwart the growth of physical bitcoin?
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