get ready guys the bull market is near! #THE LAST DUMP
I don't know, the SEC will decide on 9 ETF's within 2 months. We can see a $100-$500 dump from each delay.
Altough CBOE needs a $100b market cap in order to continue their futures market, they shorted every penny out of this.
I sat through a monetary policy and future-of-finance lecture a couple of months ago which touched on crypto. The lecturer mostly knew his stuff on crypto but not in as much details as many of us here.
He spoke for a couple of minutes on why CBOE futures market meant that btc could never become a true currency since the market is always incentivised to go short, because market players don't have to hold actual btc to participate (I'm paraphrasing, probably quite badly - I wasn't taking notes). I did quiz the guy on various parts of his presentation before time ran out and I was unable to question him on this particular issue.
Putting aside my poor memory of exactly what he said, does anyone have insight into what his reasoning may have been around this?
In the meantime, I'll try to find whether the lecture was recorded.....
