#Bitcoin Futures
Options, Contracts and Derivatives
In this Blog, I thought I would share with you my thoughts on a topic that seems to be getting quite a bit of attention lately on Social Media and that is #Bitcoin Futures and the #Bitcoin Options Market.
Regular readers of Blog will know that I am not a big fan of the Options and Futures Market especially when used in a scrupulous way.
Highly corrupt, highly rigged and highly fraudulent
Despite forming the nucleus of the current Global Financial System and totally misunderstood by many, these Markets are highly corrupt, highly rigged and highly fraudulent when they fall into the wrong hands, especially on Wall Street.
If you haven't heard of: Futures, Options, Derivatives and Wall Street, then I highly recommend that you do some research, as I sadly feel you may learn a hard lesson in the criminal activities that sets the foundation of the garbage Global Financial System we currently use and is coming to the #Cryptocurrency Market.
#Bitcoin was never supposed to be regulated
As I have said on many occasions in the past #Bitcoin was never supposed to be regulated and if we accept the regulation of #Bitcoin through these toxic Options and Futures Contracts then you can kiss goodbye to any real true price discovery of #Bitcoin.
21 billion #Bitcoin being sold off into the Futures Market.!!
Should these Options, Futures and Derivatives continue to set a precedence in the #Cryptocurrency Market, then I give it 12 months and these criminals on Wall Street will have 21 billion #Bitcoin being sold off into the Futures Market.!!
With full control of the price, Wall Street will nail the price to the floor, fleece those that are clueless about their criminal activities, reverse their position and rinse and repeat at a new high.
How can this happen?
I am sure that there are many questions that a lot of people will have after reading this with one question standing out ..."How can this happen?"
This is easy to answer, because unless people stand up and stop it, these criminal activities will continue and even more so in a new #Cryptocurrency Market, especially #Bitcoin..!!
Thanks again for reading.
Stephen