RE: Why I am not worried about the Bitcoin price correction.

[sdlenk]

Great video!
I've two questions:

1. Which impact has the intruduction of bicoin-futures on prices and volatility.
2. What do you think about the thesis, that the introduction of bitcoin-futures was only approved by the regulation to make that prices going crazy in order to have later a good reason to forbid the whole crypto-currencies?

Comments

[knircky]

Thank you for your feedback!

To 1. I think it increases the market and gives more acces to entities that forever reason can buy fututes but not crypto. I think ultimatley higher volumes means higher price. It will also bring people to understand that holding the asset itself may be better cheaper and safer.

So overall i think this will be good even though it were better if this market would invest directly vs via $.

1. Id have to speculate and until i know better i simply ignore such “rumors”. It doesnt quite make sense or add up so im not yet worried.