Quote from: aervin11 on March 21, 2018, 01:41:49 PM

Quote from: pitiflin on December 14, 2017, 06:46:40 PM

Quote from: braveheart on December 14, 2017, 06:38:19 PM

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.

So is this futures is some sort of an investment that you would be paid in cash instead of bitcoin where you invested? Do they trade to increase the bitcoin amount or do they still give exact amount of cash to investors even when the bitcoin price is down?

The coming future greatly affect bitcoin but i believe its for the good because as we see the trend of technology today that majority of monetary transaction is done electronically, so bitcoin as a digital curreny will play an important rule for the money of the next generation.