Hey guys, I've been thinking more about how the Bitcoin Futures Contracts could be benefiting the whales of the market. I have swayed between wondering whether I was wearing a tin foil hat and Futures having no effect, to crunching the numbers to see how profitable trading Bitcoin both in the Cash Market and the Futures Market could be for the big institutional traders.
I have come to the conclusion now, and wish I had much earlier of course, that Bitcoin Futures has basically been free money for these powerful, wealthy individuals. I illustrate below how they could benefit greatly from trading Bitcoin in both of these markets.
Let me know what you guys think, and whether you agree this is what is going on or not. Thanks for reading and as always up-vote if you feel you get something from my blog posts and if you follow me, I will follow you back!
Legal Disclaimer: This is just my analysis and not to be taken as professional financial advice. Do your own research beyond what you read in my blog posts and make your own decisions based on your beliefs about what to invest your money in.