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     4 years ago  

    ETFs based on Futures. We now have more retail volume speculating in BTC futures than spot. Thoughts?

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     4 years ago  

    I don't like that it's happening but it's what happens when people want the high returns. More leverage means higher returns but also more risk.

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     4 years ago  

    Well, the market must move somehow.

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     4 years ago  

    It is not an ideal situation and one that, I believe, opens up more to manipulation than on spot price. But the SEC disagrees.

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     4 years ago  

    It is not surprising. The return from Futures is far greater than what we see with spot.

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     4 years ago  

    I've gotten to the point I find the bears kind of funny, bitcoin DUMPED to $58,000 - Price of BTC, one year ago today.. 13285.97

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     4 years ago  

    People think short-term so they are more worried about the price in a week.

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