RE: Giving Myself a Pat on the Back Wanting @Haejin Type Payouts Too!! - Called Bitcoin to $8200

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RE: Giving Myself a Pat on the Back Wanting @Haejin Type Payouts Too!! - Called Bitcoin to $8200

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bhaski (54)in #bitcoin • 6 years ago

@streetstyle I heard that as CME contract is expiring there can be an uncertainty in price. Do you know anything about it?

6 years ago in #bitcoin by bhaski (54)

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streetstyle (72) 6 years ago

I don't believe it should affect the current price of bitcoin since bitcoin themselves aren't actually bought and sold but rather a contract is bought and sold for fiat.
Tom Lee of Fundstrat states there is correlation, but at this point I don't think neither he nor anyone has pointed out causation if so.

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bhaski (54) 6 years ago

Thanks a lot for explanation. I have some more doubts. I will ask once we get the idea about the price after contract expires. Basically it is about price manipulation.

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