dx034 comments on “Bitcoin Soars Past the $17,000 Mark”

dx034 comments on “Bitcoin Soars Past the $17,000 Mark”


The futures market will do the rest. Only settlement is once a day. But as the bitcoin price moves (which indicates that the settlement price that evening will be different), actors will buy and sell which should bring the futures market in line with the bitcoin price. So in the end you’ll end up with a pretty close mirror. You only need 1-2 algo traders for that.


link

By:dx034
Source:https://news.ycombinator.com/item?id=15872148