RE: RE: Bitcoin Futures and Options? Twitter Poll.
You are viewing a single comment's thread from:

RE: Bitcoin Futures and Options? Twitter Poll.

Words
110
Reading
1 min
Listen
Play
7y

Good morning Stephen,

I am not sure how to answer your poll on Twitter.

A futures contract, as I understand it, allows the price of future events to be priced in. But because there is no certainty in future events traders are speculating what will happen. While this can lead to price discovery it also opens a commodity up to wild speculation. And that wild speculation can lead to manipulation as the future's price is used as information by market traders trading in the now.

This is why it is hard for me to decide which way to vote in your Twitter poll.

Have a great day!
Steem on,
Mike

@etcmike: Good morning | Ecency