Post
Topic
Board Economics
Re: Bitcoin Futures Traders Are Quietly Building A Big Short Position
by
davis196
on 08/01/2018, 07:10:07 UTC
I have nothing against bitcoin futures short plays,but the 100x leverage is insane.They should remove that leverage.I think that bitcoin futures trading had a short term positive impact over the btc price,but they will have long term negative impact.Lots of big investors are trading futures,instead of buying and HODLing btc.
Without the futures martket,the current btc price might be more than 30K USD.