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Author Topic: Bitcoin futures trading  (Read 64 times)
Hosam Mazawi
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December 06, 2017, 03:14:32 PM
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How do you see Bitcoin futures trading on the CBOE this Sunday affecting the price of Bitcoin moving forward?
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December 06, 2017, 06:57:13 PM
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Nobody can tell for certain, but I think it will have a positive effect. Established investors entering the bitcoin scene the currency will have more legitimacy, and also opens up bitcoin to investors who may not have had anything to do with bitcoin up until that point, means we will have more users in the blockchain, which is never a bad thing. All in all I think this will be good for bitcoin.

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December 06, 2017, 07:27:21 PM
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I too think it will have a positive effect on bitcoin. Despite the fact that they will be trading two different markets the futures will show the world how much big money wants to get into bitcoin and that will be an astronomical move I feel like. Not only will the CBOE hop on board but the CME is set to jump on board the week after and I think this will make bitcoin rise further than where we are now. The only worry of mine is that it cant continually keep going up day after day there must be a drawback only questions are when and how vicious of a pullback will we see?

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