I have the same thoughts, I hear people at work talking about bitcoin and its gathering a lot of attention. The insane price point though I think will deter a lot of people from investing, and they'll start looking at other cryptos, especially those in the top 10 market cap.
As far as futures I think it drives up price in the hopes that it will become accepted more. I hope it does, but at the same time I strongly feel BTC is not the best crypto, it was just the first. I think people will see the drawbacks (slow, high transaction fees). Right now it is mania but it will subside and srabilize, but who knows where.
I see other top 10 cryptos going up too. Litecoin had a breakout to almost 150 now is at 125.
My question is whether other cryptos may have futures trading evetually as well?? Regardless it will be good for the overall sector as its gets people interested. It will be a slow move but I think some form of cryptos will eventualy take over granted we dont blow ourselves up or drown in the rising oceans lol
