Bitcoin Forum

Economy => Speculation => Topic started by: xMines on January 25, 2018, 05:24:00 PM



Title: Futures Theores makes NO sense
Post by: xMines on January 25, 2018, 05:24:00 PM
Hey guys I just wondering about the BTC price manipulation theory using futures.
Do I miss there something?:
CME Futures started at: 17th Decembre, at around 360Mrd$ expiry on 17th Junuar at around 450Mrd$ but we saw a sell of from the whales, so If we assume they bought bullish futures contracts what they did was wrong cause they started a big sell of on 15th Januar at around 700Mrd$. So how should they profit from that? It would make sense to me if they would have bought pumped money into the markets before so people jump on the train and buy the course even more up. But that's not the case, they sold. So how should they profit from that?

BR xMines