Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: pakcoy on October 06, 2018, 04:07:03 AM
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I don't fully understand the Futures market.
How could futures impact bitcoin and its price?
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I don't fully understand the Futures market.
How could futures impact bitcoin and its price?
It would not affect bitcoin price directly.It would just remain as oil futures,gold futures do remain without having any direct impact on such commodities.It would just boost bitcoin price to a small extent.Both bitcoin and bitcoin futures would travel parallel and bitcoin futures would be valued based on the current price of bitcoin in gemini exchange.Bitcoin futures increase in price would serve as a cause for increase in bitcoin price.
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I personally think that the bitcoin has a bright future as it has now achieved the balanced response. It has passed the levels of survival and now it is quite stable on a typical price rande of $6000. We have to take it as a pivot point for trading bitcoin. Thank you!
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The impact of bitcoin in the future is changing the cultural ways of fiat transactions into digital uses.
Life will become more convenient and progressive, faster and happy.
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I don't think future can affect Bitcoin price, instead of if, action will directly impact Bitcoin and all other altcoins on the market. For example a whale trying to dump so he can buy more at lowest price will make the market bleeding
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I feel bitcoin already influence in market. also i believe that it has a positive impact on the market as it adds a massive amount of liquidity.i hope bitcoin impact of market in future in positive way.
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I am expecting for more pumps for all of us, bitcoiners, to have a brighter future. Transactions here in tge cryptocurrency world is much better in real life, because here all transactions are fast, and anonymous.
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I don't fully understand the Futures market.
How could futures impact bitcoin and its price?
The future of bitcoin is like saying, how popular will bitcoin be in the nearest future? The more user adoption, the more popular bitcoin becomes, and also the rise in the demand for bitcoin in the world. Bitcoin price moves with the law of demand and supply, and when more people makes demand on bitcoin, the price rises, and verse versa.
Hope this helps at OP.
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I think when BTC will fully implies transaction system that we carrying for many years will totally change. Men will not go school, collages, banks and shops with hard cash money. It will fully control with digital system that save our time, risk and so on. It will be miracle to all.