RE: ✴️ IS THE CRYPTOCURRENCY CORRECTION OVER? OR ARE WE IN FOR A "MAJOR" PULLBACK? by stackin

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charlesfuchs · @stackin · Jan 23 '18

$0.23

You are right, I have that date written down lol

👍 jaquith, stokjockey, goldenmeteor

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@cryptoeater · Jan 23 '18

$0.29

Can someone explain how futures work? Why do futures spike up the price?

👍 cryptoeater

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@marcuswahl · Jan 23 '18

Great question, I’ll venture guess that if you’re not shorting and you whale, well enough Whales they’ll find a way to increase price, just a guess

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@thecryptotrader · Jan 23 '18

$1.30

let's suppose i'm a whale, with so much money..
tomorrow open the future, for example, so now i'm buying a lot of btc in the market, pushing up the price.. and tomorrow i will open a short position while selling my btc and pushing down the price. double profit.
obviously also vice versa, that is what could happen at the moment..

👍 thecryptotrader, taphophilia

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