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RE: What do the introduction of Futures Products really mean for the price of Bitcoin?
I think there are many interest groups out there that will try to make Btc worthless because it in their best interest to see it fail. Banks, governments etc. Right now we are on a high wave of speculation. If you ask me, I really can't tell for sure. My logic is telling me it will go down because of 10x this year, high transaction fees, criminal forks creating new altcoins worth billions at launch..
What do you think @jrcornel? :)
I think that I agree with you. I think because of how much bitcoin is up currently, it will be an easier push down than a push up. That being said, I think initially we see a price spike, but then I think we see a fairly substantial dip... what happens from there remains to be seen.