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Bitcoin Guy (OP)
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December 12, 2017, 02:22:06 PM
Last edit: December 12, 2017, 03:01:56 PM by Bitcoin Guy |
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Two things that I have observed so far are that the price variation between different exchanges has dropped and the prices of altcoins have increased along with bitcoin's price.
It seems that Bitcoin Futures reinforces the legitimacy of Cryptocurrencies and motivates more people to get into the cryptos space.
Also, it seems that Bitcoin Futures manages people's expectation on the price and reduce the volatility.
What do you think?
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- To be or not to be, that is the question. -
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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gorodi
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December 14, 2017, 05:09:45 AM |
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Two things that I have observed so far are that the price variation between different exchanges has dropped and the prices of altcoins have increased along with bitcoin's price.
It seems that Bitcoin Futures reinforces the legitimacy of Cryptocurrencies and motivates more people to get into the cryptos space.
Also, it seems that Bitcoin Futures manages people's expectation on the price and reduce the volatility.
What do you think?
BTC occupies the biggest part of the market. If people believe in Bitcoin they Bitcoin in virtual currencies also. Bitcoin is a synonym of cryptocurrency. So BTC impact on the other currencies prices is obvious. |
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Bitcoin Guy (OP)
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December 15, 2017, 08:35:18 PM |
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With Bitcoin Futures Launched, more people know about cryptocurrencies and it also helps more people to accept them. As the futures is cash settled, people do not need to buy or sell bitcoins at the settlement dates.
It seems that the price is less volatile after the launch - less trade opportunities for day traders.
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- To be or not to be, that is the question. -
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felipe04
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December 15, 2017, 08:44:08 PM
Last edit: December 16, 2017, 04:13:12 AM by felipe04 |
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Two things that I have observed so far are that the price variation between different exchanges has dropped and the prices of altcoins have increased along with bitcoin's price.
It seems that Bitcoin Futures reinforces the legitimacy of Cryptocurrencies and motivates more people to get into the cryptos space.
Also, it seems that Bitcoin Futures manages people's expectation on the price and reduce the volatility.
What do you think?
it can happen that the price will go high and same as altcoin but some coins can get gone also because of the high price.In the future it's has a possibility that the price is stable and it's authorize in all country around the world.We can rely here in crypto because we need this in life that's why it continue to grow day by day |
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SupportBitcoin
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December 15, 2017, 08:47:45 PM |
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Bitcoin futures really gave Bitcoin the validity it needed to get more mainstream. Now that we have BTC on Wall street, it is in all the news headlines. More and more people have been asking me about Bitcoin in recent weeks.
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Bitcoin Guy (OP)
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December 18, 2017, 06:54:27 PM |
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Bitcoin futures really gave Bitcoin the validity it needed to get more mainstream. Now that we have BTC on Wall street, it is in all the news headlines. More and more people have been asking me about Bitcoin in recent weeks.
Totally agreed. Bitcoin Futures helps Bitcoin to get into the mainstream. It is a great promotion for Bitcoin. Let's wait for the Lightening Network to kick in, then Bitcoin will become, officially, a currency. |
- To be or not to be, that is the question. -
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Washball
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First crypto index traded as a token!
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December 18, 2017, 07:08:38 PM |
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With the launch of both CBOE and CME bitcoin futures, the price increased. And there's some kind of stabilisation. But we also see that altcoins are going up, which means investors are moving from bitcoin to altcoins.
The launch of futures indeed attracts people to bitcoin, more and more people get interested. They don't want to miss the bitcoin train.
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rudox
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December 18, 2017, 07:14:02 PM |
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Yes you are right in your observation. There will be more demand for Bitcoin from those who trade futures and whenever there is pressure in demand the price normally goes up according to simple economics.We are going to see more price surge for BTC.
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geo43
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December 18, 2017, 07:14:23 PM |
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It's helping push Bitcoin into the mainstream.
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tora
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December 18, 2017, 07:19:27 PM |
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The hedgefunds introducing futures will entice others into bitcoins but they will have a narrow band of prices available. This could stabilise price from rising quickly or dropping.
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TaxiBloger
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December 18, 2017, 07:20:44 PM |
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Maybe bitcoin futures reinforces the legitimacy of crypto, but there are several but:
1. What about that investors can but futures and don't buy bitcoin? The Wall Street money will flow into futures, nit in ctypto...
2. Futures price based on special combined index for which info is taken from several wxchanges (not all). So, anyone with purse of money can speculate the price.
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staywoke081
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Santa Coin
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December 18, 2017, 07:26:54 PM |
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It's helping push Bitcoin into the mainstream.
Correct and long term it will be helpful to push bitcoin into new ATHs, despite there may be short term volatility. |
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KimNam
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December 18, 2017, 07:43:37 PM |
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I'm curious of its effect on volatility (up and down)...
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JohnHero
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December 18, 2017, 07:45:31 PM |
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Two things that I have observed so far are that the price variation between different exchanges has dropped and the prices of altcoins have increased along with bitcoin's price.
It seems that Bitcoin Futures reinforces the legitimacy of Cryptocurrencies and motivates more people to get into the cryptos space.
Also, it seems that Bitcoin Futures manages people's expectation on the price and reduce the volatility.
What do you think?
I agree here, there is no negative effect so far asimilated with the Bitcoin Futures. There were many theories that Bitcoin will go down, but it looks like nobody can stop this brand new tech, especially speculators. |
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icanscript
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December 18, 2017, 08:34:01 PM |
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We must remember - the bankers will do everything that depends on them, that would harm the bitcoin. Futures stop bitcoin, do not give money to investors to enter the crypto-currency market.
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farhaan
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December 18, 2017, 11:39:38 PM
Last edit: December 20, 2017, 09:48:41 AM by farhaan |
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Two things that I have observed so far are that the price variation between different exchanges has dropped and the prices of altcoins have increased along with bitcoin's price.
It seems that Bitcoin Futures reinforces the legitimacy of Cryptocurrencies and motivates more people to get into the cryptos space.
Also, it seems that Bitcoin Futures manages people's expectation on the price and reduce the volatility.
What do you think?
Yes,volatility seems to have dropped more as it was said earlier that when big companies enter bitcoin network,its volatility would get reduced.This would attract those sects of investors who were afraid of bitcoin's high volatility.Bitcoin futures price seems to have created a positive image about bitcoin's price among the investors. |
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william8829
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December 20, 2017, 12:32:13 AM |
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Two things that I have observed so far are that the price variation between different exchanges has dropped and the prices of altcoins have increased along with bitcoin's price.
It seems that Bitcoin Futures reinforces the legitimacy of Cryptocurrencies and motivates more people to get into the cryptos space.
Also, it seems that Bitcoin Futures manages people's expectation on the price and reduce the volatility.
What do you think?
Yes,volatility seems to have dropped more as it was said earlier that when big companies enter bitcoin network,its volatility would get reduced. fast forward to today...and we have a massive drop. We are not close to having a stable crypto market. I think we still are going to see some major problems with some of the biggest names in exchange business followed by more government led regulations. |
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Bitcoin Guy (OP)
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December 20, 2017, 05:39:17 PM |
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fast forward to today...and we have a massive drop.
We are not close to having a stable crypto market. I think we still are going to see some major problems with some of the biggest names in exchange business followed by more government led regulations.
Agreed that we are not even closed, but it seems that the swing is not as huge as before (or maybe there is no major correction yet). It is very interesting on how the futures works. It shows people's expectation on the price in the near future. |
- To be or not to be, that is the question. -
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richardsNY
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December 20, 2017, 06:01:19 PM |
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It shows people's expectation on the price in the near future.
Don't add too much value to that. All decisions made are based on what's happening with the market right now. We have seen how quick things can change, and also, traditional investors have a completely different way of thinking. They might have been speculating on a decline by shorting at the moment we would reach $10k for the first ever time, which looking back now, would have cost them a lot money. I think it's safe to say that as long as we can hold on to current bullish market, no one will even dare to open a short contract. Shorting Bitcoin is capital destruction in current times. |
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