Post
Topic
Board Economics
Re: How could futures impact bitcoin?
by
Edsemen
on 20/12/2017, 10:51:40 UTC
I don't fully understand the Futures market.
How could futures impact bitcoin and its price?
Here's the deal with these futures. You don't actually hold any bitcoin on your own, but you do own some sort of financial instrument given by the CBOE, and it states that they hold bitcoin on the investor's behalf not precisely but somewhat like that. This derivatives is only to be paid in cash and it'll affect the price is institutional buyers would love to influence the price on their own, and this could be a big deal later on.
For me if I am to be ask about impact of bitcoin in future, I can say that if this still a strong organization in the future it will have a big impact which everyone wants to use it daily because as of now bitcoin really gets a high star for people who knows and using it. In terms of financial assistance and support when you badly need it bitcoin will waiting for you. So that would create a big and explosive one in the nearest future