Quote from: Financial Freedom 4U on July 11, 2018, 08:25:32 PM

Quote from: blockman on June 27, 2018, 08:17:16 PM

Mature and regulated crypto isn't the only factor that can't make big investors come.

There are big players out there that are still speculating and they are not prepared for the market and they assumes the outcome already. As much as possible they are calculating risk and most of all, they are not well versed and knowledgeable with the market.

There are big players who are already a while in Cryto and might partly be the reason why the bull market has turned into a bear market. The reason are Futures, since this year large financial institutions are able to bet on the price of Bitcoin Futures without risking any of their funds to be stolen or hacked at any of the many still immature exchanges. They simply short Bitcoin and profit when the price goes down. I am in the financial market already more than a decade market and I know my stuff a little bit. George Soros and others who believed in January that Bitcoin is overpriced and went in and bet against it. I have no 100% proof but everything indicates towards it. Do your research and you will come to your own conclusions.

As part of my job I am talking to many clients everyday, some with backround in trading and investment, and I am amazed how few people see this connection.

The futures are seen as higher risk contracts than other products so some mainstream investors don't like to get involved with them. Certainly, they would represent a lower level of risk than exchanges that arbitrarily determine the price, but they still have very large exposures and you need deep pockets to be able to handle a large move with a futures contract. That's why this ETF thing is getting so much attention. It's a "medium risk" product (although in reality there is no such thing as medium risk)

Another interesting valuation of bitcoin that no one seems to notice is the Chinese Yuan. Capital flight out of China has found a new vehicle--bitcoin. Compare the USD/CNY & USD/BTC back in Dec & Jan and you'll see that they both made major moves at nearly the same time.