The full effect of futures will not take effect until next year. I think.
The first futures will be few few inverters, Next year we will see bigger futures.
The nasdac
Then ETF
1 million in 7 years.?
Futures is only for the whales so they can dump their BTC, and buy insurance to cover the drop in price with 'shorts'
Anybody else than whales that buys futures, will lose their ass.
Serious ppl who day-trade BTC, will continue to buy the real thing
Futures are a 'derivative', meaning that they have NOTHING to do with the real-thing
Disagree, most of the effect of the futures will occur before xmas, whales want out, the problem is BTC trading is thin, and u have whales with billions of dollars of holdings that want out of btc and to diversify their wealth
1 million? Probably not, BTC doesn't scale, ,and what we have as a crypto in 7 years will not be BTC, as it doesn't scale, at best the next software might buy the BTC name and keep you happy, also, the price needs to be indexxed to one USD like ripple
BTC will just be a dinosaur crypto for rich ppl, kind of a saving's bank
In time ppl will offer interest and safety to crypto, then btc will die