Futures are seen as potentially further legitimizing bitcoin as an investment, and they could drive additional demand into the space. Some strategists believe the ability to hedge in the futures market will make bitcoin much more attractive to institutional investors, leading to more orderly bitcoin trading.
However, others argue that those same institutional investors could destabilize the bitcoin market by taking on large positions to try to leverage discrepancies in pricing.
I want to say something to myself that I think price will be five times higher than today's price in 2018. Did you say what I said is correct
I read all the comments full of excitement about bitcoin prices everywhere. Think bigger, how easily we are breaching all the psychological levels, a month ago 10k was even doubtful to reach earlier than 2nd half of December.
Yes, we have really good news but they all seem to get announced just at the right time. I think, some big guys are going to play a couple of great jokes as soon as futures are available. They definitely need to get good returns on their investments, just take a look on when the bitcoin cap began to grow unnaturally fast.
Plus, I don`t think there will be a "healthy" correction. Anyway, whatever is going to happen, it worth buying some popcorn=)
I mean, yes, I agree that futures is a good thing for bitcoin if you look long-term, but I am thrilled to see the upcoming speculations)
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