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What I think will happen when these futures will be listed: - the institutional investors who wanted to go long on BTC, had (and still have) the opportunity to
by tudorconstantin 9y ago
What I think will happen when these futures will be listed:
- the institutional investors who wanted to go long on BTC, had (and still have) the opportunity to buy BTC
- considering that the ways to short BTC now comes at high costs and pretty high counterparty risks I'd say it's a pretty big chance that most of the institutional investors getting into trading BTC derivatives, will go short.
- this creates a big opportunity for crypto currency whales to go long on the derivatives, pump the BTC price and earn some millions.
If you watched the crypto currency markets in the last days, you can notice that lots of alt coins are increasing in price. It means that somebody buys lots of them. I think they're getting ready to buy bitcoin with them when the derivatives will be listed, in order to pump its price even more.
Of course, the above is not a trading advice.
- NicoJuicy 9y agoI think the alt coins are just bullish and I'm guessing they won't buy btc with the alts