Post
Topic
Board Altcoin Discussion
ETH/NEO usage
by
Mhow91
on 03/02/2018, 17:09:05 UTC
Noob here with a burning question:

Back when Bitcoin Futures were announced, everyone anticipated them being paid out in Bitcoin, and that the prices for bitcoin would skyrocket as a result.  We eventually learned that the futures contracts are all cash settled, and seem to have had little effect on the price of bitcoin (if anything, its been a big steady decline since the contracts were released).

Q.  people are speculating right now that because so many alt coin projects are built on the ETH/NEO foundations that ETH/NEO will rise in the coming year as well.  Do we know if the success of any these alt coins will actually have an impact on the price of ETH/NEO?  Or are we just assuming like the Bitcoin Futures contracts?

Thanks for the help!