These futures contracts are the same as Gold futures contracts. First, its all paper and settled in dollars not BTC. More importantly, if you look at the Gold Futures market there are more Gold contracts than gold available: 542 contracts to 1 ounce of gold.   The net effect is artificially keeping gold prices suppressed! If they overhaul that system and settle in real gold or mandate 1 contract per available ounce. gold price would skyrocket!

They are perpetrating the same scheme with BTC paper futures... the net result will like lower the institutional demand for BTC! Not the big upward pressure on price you would expect.  



Here's Why the Gold and Silver Futures Market Is Like a Rigged Casino...

https://www.moneymetals.com/news/2016/05/16/silver-gold-futures-market-000868

This awesome article puts everything into perspective. The main stream media is lost.

The Asymmetry Of Bubbles: The Status Quo And Bitcoin
http://www.zerohedge.com/news/2017-11-30/asymmetry-bubbles-status-quo-and-bitcoin

Do the bubbles in bonds, stocks and real estate get the same scrutiny as the bubble in cryptos? Do any of the conventional critics deriding the bubble in bitcoin bother comparing the scale of all these bubbles? So bitcoin is in a bubble at a market cap of $170 billion, but the unprecedented $500 trillion bubble in stocks, bonds, debt instruments and real estate is perfectly fine and no risk at all? (Approximately $300 trillion in global financial assets and $200 trillion in real estate.)

Me thinks that the money from those bubbles will flow into Crypto!

2 flash crashes last night about 800 points each and then a 1000 pt today?  Do you know how much capital it would take to do that? Is the government  testing the market to determine things like the effect of cash inflow/outflow? To provoke chaos in general to scare people away?  To setup a master plan for long term damage to the market?


I thought last night was crazy. but today??