Im opposite going to say it will dip because the futures contracts show bearish sentiment I think and I think the market will react to that in the way they want. I also think quickly thereafter we will rebound and make ATH for bitcoin but that will happen in January imo not late December.

Theoretically, everyone would expect btc to continue to appreciate. And a good future will open up with btc, that btc will be legal and widely used around the world with modern systems, at a cheaper fee but not taxable.

Still, I think it is real and there is no chance of being a thread. But if the price of bitcoin rise very, then it may cause a problem.

Anyone who tries to give you a definitive answer about this and isn't at least somewhat tentative with their language is kidding themselves.

We can't be certain what will happen - what I can tell you though is that it's possible that a large group could decide to short BTC - like a hedge fund for example - and if they do, it will have a large impact on the price.

It's also possible that the futures trading will make Bitcoin accessible to a wider range of speculators and push the price up further.

Don't worry about the futures market.  Decide for yourself if you want to own bitcoin or not.  Short term price movements are impossible or very difficult to predict.

That being said I think the futures market will be good for price long term.  It is the first foot hold in the established financial industry.  Soon (much sooner than I thought) bitcoin will be available through brokers, at atm machines, etc, and everyone who wants some will be able to buy it without any technical knowledge.  The specific effects of the futures, I have no idea.  It may not be significant because most futures are cash settled, and in some cases the actual underlying asset may not even exist (see gold).  I don not have expert knowledge for the futures markets but it seems to me more like gambling than actual investing.  Then again the egg heads may use it to manipulate price.  I have no idea, but in general I think bitcoin still has lots of growth ahead.

The real problem is that everybody is thinking that futures are always going to kill the price, and they are not right with it, and not wrong at the same time.


Most people who has always been saying that futures were going to change the price to * rates, they all were wrong, they consider themselves as traders and they can not even see that bitcoin is very unsustainable at the moment, i am not spreading fud anyway, because i love bitcoin.

No one knows for sure. The meteoric rise in the price has definitely made people more interested in hoarding it.
Investors are viewing it as an asset rather than a currency.

This article provides some good insights into the bitcoin bubble
https://www.engadget.com/2017/12/14/bitcoin-is-failing-as-a-currency/

The theories with bitcoin is too wild.

Not everybody will going to see it that way. Bitcoin has no limit, it will keep up increase more than any other crypo currency.

For me, as per the market flow I can say that bitcoin will rise a million dollar worth in the future. A lot of companies and wealthy person are investing here so it is not impossible for that to happen. Bitcoin will create a big history and innovation over the world, and by future countries who banned bitcoin will eventually not banned it anymore.