Bitcoin futures launch could be bad for bitcoin’s price

in #bitcoin7 years ago

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Bitcoin futures launch could be bad for bitcoin’s price, tech analyst Gene Munster says

Munster says the futures will make it easier for investors to bet against bitcoin, and investors may also find it more attractive to trade the futures rather than bitcoin itself.

Bitcoin futures launch could be bad for bitcoin’s price, tech analyst Gene Munster says https://t.co/qJbgDVlJ3A

CNBC (@CNBC) December 11, 2017

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The ones who would be most motivated to short, would be big miners. I do, however, feel super confident that this is a GOOD thing for bitcoin.