Piggy backing off the VP's post- Any ideas/thoughts on how futures will affect BTC and Alts in the short term? I definitely see potential for price stabilization which in my mind, means an Alt rally in the mid term.

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They are not directly buying the coins, so it won’t affect the price per se.

D1 must be an arts or history major.

M1 and you must make a great manager!
Bitcoin futures are going to be cash-settled, so the commodity is not actually switching hands. Also there is no actual purchase of the asset, so the price is not being directly manipulated by the futures market. Unless the CBOE and the CME want to deal with having to store thousands of coins in their wallets and running the risk of having them hacked.

If any manipulation occurs is in the exchanges, like it already does.

Actually, I was promoted a year ago but this app doesn’t update. Indeed i am a rockstar. So are you a history or arts major?

There are a lot of cash derivative markets, ie corn futures. That doesn’t mean the relationship with the underlying asset is indirect or has no impact. If i own 1,000 bitcoin, i can go to the futures market to hedge my risk. Yes, speculators will provide some volatility and perhaps stability to this whole thing.

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