RE: Futures Products only adding to the popularity of Bitcoin

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Futures Products only adding to the popularity of Bitcoin

in bitcoin •  7 years ago 

The Bitcoin futures are great for Cryptocurrency but bad for Bitcoin. It is time to move on to better projects.

bitcoin
7 years ago by

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      ·  7 years ago 

    I agree, the price of BTC has been capped since futures started trading, other cryptos have started to move up in value. I think more people will move on from bitcoin and venture into different currencies. This could be bad news for bitcoin in the long run.

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      ·  7 years ago 

    Still, bitcoin is bigger than the other top 5 cryptos in market cap

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        ·  7 years ago 

      I completely agree with this statement. I just hope that large "pump and dumps" in bitcoin, by large investment companies, don't drag other cryptocurrencies down as well in the short term.

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        ·  7 years ago 

      The pump and dumps by the investment firms are a big deal and something to be considered.

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