Post
Topic
Board Speculation
Bitcoin Futures Ended today ( Crash caused by banks?)
by
MrBigHang
on 18/01/2018, 02:30:20 UTC
Does anyone know the terms of the BTC futures contract?  I just find it highly unlikely that there would be a market crash on the same day futures are expired. 

From my understanding, a futures contract is a gamble on the price of BTC at a later date.  The higher the value of the asset, the more the bank has to pay out.  Is this right?