If you don't overstand what Bitcoin Futures are it's fairly simple but complicated. Do your research! Let me post a few pics I found that should give you a quick insight into what's happening with the Crypto Market.
Not long ago I posted a chart when the first Bitcoin Future contract expired on January 16th. Basically, in order for wallstreet to profit... the price of Bitcoin had to be low. So its pretty simple the banks, wallstreet, and govt collaborated and dumped almost $200 Billion in the market cap. This boosted Bitcoin to almost $20,000 from $11,000 in a very short time in December when they began around Dec 10th . See that word 'short' thats what they call it, 'shorting Bitcoin'. Then all of a sudden that $200 Billion was dumped and the market, so called, collapsed or crashed.
NO....it just went back to normal before these wallstreet, banksters, politrickans started with their illegal activity of buying and selling Bitcoin ..with NO..Bitcoin!!!!! Please somebody explain to me how you can do this...legally .. in contract with the Blockchain. We need Blockchain police toarrest these criminals. hahahaha. It's funny how much they are panicking!! I love it! They have done enough damage on this planet. So Steemians just buy in the dip. Pushing forward...in Awareness...H... and oh yeah, the media belongs to them... so watch the scapegoats,, like South Korea in the first crash ... the media didn't mention one thing about these illegal futures affecting the Bitcoin price. Watch the media with 3 eyes..///
It's obvious to see that 'THEIR' futures contracts don't work on wallstreet.. hahahahah... easy to see why it doesn't work on the BLOCKCHAIN..that's designed to expose corruption!
