RE: Large banks and financial institutions are moving into Bitcoin!

You are viewing a single comment's thread from:

Large banks and financial institutions are moving into Bitcoin!

in bitcoin •  7 years ago 

What is your take on futures launch on December which will enable shorting BTC?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I think it's hard to predict what kind of an impact the futures trading will have on Bitcoin but I think it will be a positive one. I'd direct you to the following articles about the subject for deeper insight: www.investopedia.com/news/could-bitcoin-futures-help-limit-volatility & www.quora.com/How-will-the-launch-of-Bitcoin-Futures-CME-affect-the-price-of-Bitcoin-in-2017

Do be wary of a correction in Bitcoin around these levels.

  ·  7 years ago (edited)

I did cashout at 9500. I wonder how big and if it will look as a mistake in a week