Speculators saying futures will crash BTC... why? I thought the increased institutional interest in will make it rise
CME Futures
Landon Hernandez
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Connor Ortiz
>increased institutional interest
none of this money goes into crypto market
it is just side bet, like shorting 2008 housing bubble
Henry Ortiz
Banks print "paper bitcoin" that artificially increase the supply. Basically some amount of money pegged to bitcoin price with represent their paper bitcoin. They did it with gold to artificially suppress price growth. Idk how sustainable it is for them to do this long term, but the amount of money they have compared with the mcap of all crypto is frightening.
Easton Taylor
this, basically, they can short it without actually selling btc
Josiah Brown
Finally someone that gets it.
Read about QE @ evry1 who doesnt get it.
Logan Phillips
That Bitch has 1 Million Dollars in Transactions.
Jackson Young
How does it suppress the price? That's fucked!
Ayden Perez
the whole FUTURES marked should be banned and everyone still doing it should be shot
its fucking retarded
Aaron Hill
but they can never print more than the total possible supply of bitcoin , so this can only last for so long?
Carson Jenkins
Well wikipedia says it's good for farmers