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RE: Bitcoin $17,000 Target Update & SegWit2x Returns

in #bitcoin8 years ago

I thought the same, and I haven't looked into this too much so I can't say for certain, but it sounds / seems like the guys behind this version of Segwit2x (which again, really isn't S2X) set up futures on the 19th (which so happens to be when prices spiked). I don't bother with those futures though and they usually aren't that useful. Just interesting to look at, but tend to overinflate prices.

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Cheers. I couldn't even wrap my head around why people were still trading futures after the cancellation, so this latest development is basically making less and less sense to me.

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