Is it bearish or bullish to get futures?
The $KNC listing has definitively answered that: it's bearish, no wait, bullish, er...
But seriously, I think it's long-term good: it increases the liquidity of the coin, which helps it gain trust and stability.
ftx.com/trade/knc-perp
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But their June 2020 roadmap... 🙋🏼♂️
as a wise man once said...
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Is it called Ripple, XRP, or dogshit? Who knows, who cares. It’s worth more than zero so it’s time to trade the USD pair on BitMEX. Boo-Yaka-sha! twitter.com/BitMEX/status/…
I think so too.
If a coin has been surging, obviously enabling selling pressure could be bearish short term.
But long term it's good for the liquidity of KNC.
While I don't own KNC (yet), I am incredibly bullish on as a money lego.
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easier to assert your opinion on the market - which should lead to quicker price discovery.
so it's bearish, no wait, bullish, er....
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do cash settled futures facilitate manipulation in your opinion?
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In general I think there isn't a huge difference between cash and physically settled futures as long as their OI isn't massive compared to the market.
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