CME is about to list
BTC futures, CME is apparently the largest exchanger in the world their involvement in
BTC and cryptocurrency is not trivial, with big money from institutional banks and private funds they probably can dictate price, is there any expert here can breakdown in details as how their involvement can move the market, is their quote will fed into other pure cryptocurrency exchanger quote or they will be separate quote that they will be trading their
BTC futures.
some articles stated grim reality of this but looks like
BTC community find its a good support from mainstream financial institutional hence the $6600 all time high
https://www.cryptocoinsnews.com/playing-with-fire-critics-condemn-bitcoin-futures/Anyone have expert opinion please share your thought, probably we can voice our opinion to CME to steer them into right direction to avoid any disastrous end like CDO and other packaged and layered financial instrument that resulted in crisis in the past, as everyone can see Gold and Silver should be in line with
BTC price movement but its now nowhere near as correlated to
BTC price movement
