RE: Why I am not worried about the Bitcoin price correction.

You are viewing a single comment's thread from:

Why I am not worried about the Bitcoin price correction.

in btc •  7 years ago 

Great video!
I've two questions:

  1. Which impact has the intruduction of bicoin-futures on prices and volatility.
  2. What do you think about the thesis, that the introduction of bitcoin-futures was only approved by the regulation to make that prices going crazy in order to have later a good reason to forbid the whole crypto-currencies?
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:  

Thank you for your feedback!

To 1. I think it increases the market and gives more acces to entities that forever reason can buy fututes but not crypto. I think ultimatley higher volumes means higher price. It will also bring people to understand that holding the asset itself may be better cheaper and safer.

So overall i think this will be good even though it were better if this market would invest directly vs via $.

  1. Id have to speculate and until i know better i simply ignore such “rumors”. It doesnt quite make sense or add up so im not yet worried.