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December 13, 2017, 12:48:16 AM

Alts aren’t part of futures. Anyway Forget it. I’m probably just being paranoid.

let's see what happens when both futures markets are running for a while, but i think you could be on to something.

bitcoin and alt traders are used to commanding the market. if that's taken away from bitcoin then they have a whole world of other coins that they do have more control of. it's possible futures might make a two speed crypto market. as certain alts gets bigger they too might have futures at which point they're left to the bigger boys too.

it'll drive more regulation and much more discerning exchanges. they won't list shitcoins.

but whatever happens it's gonna take a while to figure out the effects.

How is a cash settled bet on bitcoin taking away command of the market?

Interesting question, here is the (partial but we'll written) answer:

https://medium.com/swlh/will-the-futures-market-do-to-bitcoin-what-it-did-to-gold-b7d35704641