Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
gwoplock
on 12/12/2017, 22:18:38 UTC
The futures are cash settled, they are just betting on bitcoin, not acyually buying any. Personally I don't think it will have any effect on bitcoin at all.
Bitcoins price is set by supply and demand, and no cash settled futures can change that.

I agree, other then a vague idea of what people expect the growth to be I don't see how it would affect the price.