RE: Droping bitcoin price by only selling future contracts, Is it possible or not?

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Droping bitcoin price by only selling future contracts, Is it possible or not?

in bitcoin •  5 years ago 

If there is real buying and selling like on exchanges like Coinbase/Primexbt/Bitmex etc... we will see the effect. If it is by trading futures that don't have physical backing - no. If you decide to trade on Bakkt where they will be physically backed by Bitcoin through buying and selling - yes.

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