2018-6-29 10:11 |
He believes that because it’s now possible to trade on Bitcoin futures people will never see a rapid surge again.
Bitcoin won’t surge, Japanese economist says He argues that the introduction of the futures market has driven down the price considerably.
This year in January he persuasively argued that the cause of Bitcoin price collapse was the start of the selling of bitcoin futures.
The San Francisco Federal Bank, in a report, also suggested that the introduction of Bitcoin futures trading caused a price drop.
The peak price coincided with the introduction of bitcoin futures trading on the Chicago Mercantile Exchange.
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