Hi @reverseacid.
This is an analysis that handles highly technical aspects. Show that you have great knowledge.
What is the effective time for a future product?
You tell us that in 2017 there were launches:
However, in December 2017, CME and CBoE (Chicago Board Options Exchange) launched futures and options for Bitcoin.
Is it then two years after these releases when you feel the positive effect?
Or is this rebound in BTC prices due to the new Futures releases that were made in 2019?
Yours, Juan.
Hi @juanmolina
Thank you for kind words, my friend.
A futures product usually expires on the last Friday of each month. So the April 2019 futures will expire on the 26th of this month. If you know BitMex, that is a perpetual contract, meaning it never expires. When you take futures, there are several added pricing factors due to the expiry. There is something called "time decay" which gets factored in but it's detailed so I won't get into that.
My opinion is that the futures have helped with price discovery but also have helped manipulate price. I have no firm opinion yet as I need some more data to form my opinion.
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I'm sure we'll all share your next analysis.
Thank you for being so attentive.