Bitcoin businessman tortured by thieves in front of his four-year-old daughter

Bitcoin is going through a dark phase for a year. It was at the peak of the crypto market until December 2017. The price of a bitcoin was then about $ 19,783. However, then the bear race entered the crypto space and the bitcoin price went down. In addition, there are many factors that are not good or are devastating for the price of bitcoin. Changes in market policy, the evolution of similar competitors, new trades, etc., pose a threat to bitcoin prices.

Let's discuss such a threat factor for the price of bitcoin, that is Bitcoin Futures. We'll see how Bitcoin Futures actually exploit the price of Bitcoin.

1. Bitcoin Futures are easy to understand for large financial companies:

Most large financial companies are familiar with futures contracts and their trading. Wall Street companies can easily understand how Bitcoin Futures works. In addition, it is easy to use these companies. These features of Bitcoin Futures will surely bring these organizations to invest a lot. Finally, he would start acting as a replacement for Bitcoin. All this would lead to a decrease in the interest of bitcoin and eventually act as a devastating factor for the price of bitcoin.

2. Transparent settlement price:

Bitcoin Futures uses a transparent settlement price, missing in case of bitcoin. This settlement price would be treated as a reference price that may not be precise or perfect, but once the payment is complete, it will be recorded in contracts. This settlement price could be similar to the gold reference price in the manufacturer 's and jewelry seller' s contracts. The presence of this reference will simplify the mode of payment in bitcoin.

3. No lack of Bitcoin Futures:

Bitcoins have long lost their bitcoins and private keys. There have been many cases where, because of some stupid mistakes, people have lost their significant amount of bitcoins. This is not the case with Bitcoin Futures. These contracts do not disappear. Although there is a chance that you will lose your money for sure, you can not do it by misplacing the Bitcoin Futures contracts. This is a very big advantage of Bitcoin Futures compared to Bitcoin and these would surely have a negative impact on the price of bitcoin.

4. The creators of Bitcoin Futures are market experts:

Bitcoin and blockchain have been developed by technicians. They did not have enough knowledge of the markets and this is also a reason why bitcoins have suffered a lot in the market. For their part, Bitcoin Futures are managed by market experts. CME and CBOE, both organizations are well known for their knowledge of the market. This is a huge advantage with Bitcoin Futures and that's why experts predict that this is not a good sign for the price of bitcoin.

5. Limited by regulation:

However, some Bitcoin users would favor this feature of Bitcoin Futures, while others would have taken it in a negative way. Bitcoin is a non-governmental currency and is not subject to any rules or regulations. This is one of the main reasons for the huge investment in Bitcoin. On the other hand, Bitcoin Futures are subject to certain regulations. The CFTC, the Commodity Futures Trading Commission, regulates the trading of Bitcoin Futures. Although the regulations are very simple, they must be followed by every participating user of Bitcoin Futures. The presence of regulation provides a kind of trust and security in Bitcoin futures. This feature of Bitcoin Futures could be appreciated by some users who are currently using Bitcoin. Over time, bitcoins could lose some of their users, which would lead to a further decline in the price and market capitalization of bitcoins in the encrypted space.

These are some of the factors and features of Bitcoin Futures that could be very expensive at Bitcoin prices. The current user can migrate to it and new users can be attracted to these features. All of this would lead to a lowering of Bitcoin's price and therefore, Bitcoin futures are actually not good for the Bitcoin price.