Brief considerations on how futures will turn Bitcoin into Gold.

in #bitcoin6 years ago

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All who tried to buy gold for investment, and even most of those who did not try, know that no one will not sell any bullion to you. You can pay for them, but you will not be given them, they will remain the same in the repository, while they are supposedly "yours."

As a result, you get a kind of gold futures, you can only get the difference in price, but not the product itself. Approximately the same will be with bitcoin.

Ask why?
But why, bitcoin is as limited an asset as gold, and the greed of rich children is not limited by anything. What will eventually be done. The limited bitcoin will be leveled by the fact that now for investment it will not be necessary to buy it directly. You can simply open a futures position and benefit from a rise or fall, without investing directly in bitcoin itself. It is precisely this model of speculation that will now actively advance, so that in the course of time everything that happens with bitcoin comes from the filing and control of the Americans.
Futures uniquely draw percentages of 90 speculators, simply because there will be working stops, nothing will be done (the story with idle exchanges and how this topic shows today that exchanges are already discredited), but most importantly there will be familiar to all and long-familiar dollars , if bitcoin collapses in one day, you will not be thrown into a teaser, you will not lose the entire amount, if the stops are exposed of course.
And now that will give it to America. In this way they will kill a bunch of fatty hares. Bend your fingers, I begin to list:

Market control. None of them want bitcoin to just go up, they need to squeeze out as much money as possible at each stage. Therefore, steps in the style of 9-11-8-10-7 will be the norm. Know about them will be only those who need to know about them, the rest just on luck will trade.

Thanks to their control, they can kill him with a rabid, but quite natural growth. After all, new money in the bitcoin itself will not come. They will be in the hands of American funds!

To discredit the very idea of ​​crypto-currency. "Guys, you wanted to get away from the dollar, and you are trading for it, we told you that the dollar is the most reliable." Against the backdrop of bitcoin, which will cause no reason to collapse, the argument will seem reasonable.

To gut it all and all. They will have their bots, which will calculate which positions when and for what amount was most open and after that recommendations will be given to the dump or pampa.

We could continue to list the advantages that the Americans will get once again, but I think these are enough.

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