I am certainly biased. I have a very negative opinion of wall street and the entire stock and commodity space players. Everything is gamed and manipulated.
My initial reaction was that futures will destroy bitcoin. Maybe I was too pessimistic, but it just so happened that the opening of bitcoin future trading coincided with the beginning of the biggest crypto decline from which none have yet recovered.
If wall street et.al. is involved in pricing action no good things come of it.
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Wall Street is never good for anything, because they don't care about anything else but gains, and what is in it for them. If they feel shorting it will make them better money, they will manipulate it downwards... as we saw with futures.