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RE: Could Bitcoin Futures (Bitcoin Bananas) nail the price of Bitcoin to the floor?

in #bitcoin • 6 years ago

Thanks for the comment.

I wanted to put this Blog out, not to alarm people, but to make people aware of what impact Bitcoin Futures could have.

Currently, Bitcoin has a Market Valuation of approx $150billion.

With Bitcoin Futures, Bitcoin Derivative Contracts and Bitcoin ETFs we could easily see a leveraged "Shadowed Market" for Bitcoin in excess of $15 trillion without breaking out in a sweat with the price going in whatever direction the one with the biggest "Fiat Printing Press" to hand..!!

Stephen

6 years ago in #bitcoin by
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     6 years ago 

    So well said!

    Financial prices going in whatever direction by the ones with the biggest "Fiat Printing Press" to hand..!!

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     6 years ago 

    You got a 2.20% upvote from @minnowvotes courtesy of @agrostis!

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