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RE: Bitcoin futures launch

in #bitcoin7 years ago

I feel like futures shouldn't affect the market at all. But that is given my limited knowledge of futures. As I understand futures to hold back the gold/silver markets. But that might just be a thing people say.... Not in it enough to know.

I can't think of a logical reason for Futures to hold back BTC prices other than other peoples bets somehow affecting the market's view of BTC's price.

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By people betting short on bitcoin , it will flood the mainstream media and if your not experienced in this market you may sell . We give bitcoin it’s value just like we give any commodity it’s value . It’s all about what someone’s willing to buy and what price they will buy it at . Supply and demand . If us as bitcoin holders stand strong and don’t flinch the demand will follow just like we’ve seen . But trust me futures trading will definitely affect the price , we have to wait to see how it affects it , Only time will tell Bitcoin 40,000USD party 2018 🚀🍾🍾

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