Denis Gorbachev Of Moonbase Writes About Bitcoin Price And The Times When Futures Contracts Enter

in #bitcoin5 years ago

TL;DR: Futures contracts increase sell pressure by allowing traders to sell synthetic contracts without borrowing the actual asset. However, that pressure may be absorbed by the market, as shown by the price action of Bitcoin.


Moonbase Article: https://medium.com/mark-price/can-you-drop-bitcoin-price-with-futures-contracts-81e8a45fc075

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.030
BTC 58020.27
ETH 2464.76
USDT 1.00
SBD 2.37