Post
Topic
Board Speculation
Re: Bitcoin period of volatility is over?
by
pitiflin
on 17/12/2017, 18:10:37 UTC
I'm looking at Bitcoin charts for the past few days and it looks like a straight flat line. I'm not sure whether to feel happy or sad about this but could this possibly be related to the fact that we now have bitcoin futures? Does this mean bitcoin volatility will be less?
Volatility has reduced? I do not think so. Come on, man volatility is one of the key features of bitcoin, it usually stays high. Bitcoin future's is not directly linked to bitcoin, the futures are a financial instrument which means that the investors won't be holding bitcoin, rather they'd be holding a financial instrument which mentions so and so details. The volatility anyhow will be much higher this two weeks because one the reason is the CME listing and the other is that Christmas is near, people want to cash out and go for a vacation.