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Will this have an effect on the price of BTC? Anyone have any idea or can speculate as to what happens on December 10th?
by xutopia 9y ago
Will this have an effect on the price of BTC? Anyone have any idea or can speculate as to what happens on December 10th?
- aerovistae 9y agoHahahhahahha...
- dang 9y agoPlease don't do this here.
- mxwsn 9y agoI found this article helpful: https://www.bloomberg.com/gadfly/articles/2017-12-04/bitcoin-s-diverse-futures-contain-buyers-and-sellers https://www.bloomberg.com/gadfly/articles/2017-12-04/bitcoin... tl;dr: - Increase access to btc (futures can be more liquid than BC itself, which has large transaction costs and transfer times) - Probably reduce price volatility in general, but futures could also compound speculation My guess is that BTC will rise in price, and I think the recent price increases are partially explained by the news of future markets.