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RE: Bitcoin Just Smashed Through $12k... Wait, $13k... Now $14k... This Is Getting Ridiculous!

in #bitcoin7 years ago

Derivatives are useful for debt based wall st. instruments. Bitcoin supply is capped. Seems it will be difficult to implement the manipulation and scamming ops the financial parasites run as they attack Bitcoin.

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That is what your hallucination would say, inside your head.

Very vague post absent logic. Please elaborate your position so we can understand please.

I still struggle to understand how futures will function is such a deregulated market. For example, if the price drops by 20% trading won’t be suspended. It may be suspended on the futures exchange but everywhere else the price could fall by a further 50% or recover and gain 50%. It would just mean those holding futures could only hedge elsewhere!

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