In my opinion, the launch of futures contracts with bitcoшn will entail its price upwards. Consequently, in 2018 it will be possible
to expect new price records. Maybe $ 40,000, maybe 100,000.
Well short term, I guess was my thinking on this....the price would drop and stabilize and then go up less as a 30% up and 15% correction
every other week
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But I thought futures put weight on both bears and bulls.....right now as a cash and carry and speculation the odds/hype seem to me to favor bulls
Once you have a variety of futures exchanges the bears may have more of an even say (not that I'm a bear, just speculating on effect of futures exchanges)
here is an article
https://www.bloomberg.com/view/articles/2017-12-06/bitcoin-bears-are-excited-about-futureshttps://www.coindesk.com/bitcoin-futures-make-way-new-kind-whale/On the other hand, you could be correct...in that different futures exchanges would show BTC as more legit..you add the fact an ETF may happen, more likely,
and what you say could be right 25K coin from the increased faith in BTC surviving..then say after 25K it rises more modestly or something like that
due to futures trading (I could live with that)
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