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RE: Bitcoin (BTC) Morning Update: Awareness is KEY!!
Very informative articles. A lot of people here don't understand the Cash Settled nature of these futures.
Also, very good point regarding altcoins. This could be the news that arrives to justify the expected upward explosion.
I had assumed that futures markets would put pressure on supply but now that I have a better understanding of how they will work I can accept that they could reduce volatility. I thought it was interesting that Bitcoin bears and bulls drew the same conclusion on that point. In the short term the futures could lend legitimacy to Bitcoin in the mainstream.