hmm I am skeptical.
Bitcoin and especially blockchain technology has defeated everything that has been thrown at it.
What is to stop people just jumping onto Etherum or dash or other alt coins. The infrasrtucture is there and there is nothing the banks can do about it. The dollar is losing is status as the world´s reserve currency. Bitcoin and other crypto currencies will be preferred over fiat dollars or other fiat money.
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Agreed, This should be an interesting battle. The "club" will be exposing their dirty tricks into a very activist and vocal community. An unintended consequence could be to break the fix on gold and silver when CME further expose themselves as being fraudulent. People will ignore the CME and leave them to play in their bucket of paper and move on to the "real" markets.