Prior to 2017, there was no futures market for Bitcoin and all trades were 100% spot.
Now, futures volume for Bitcoin is up to 10x the spot volume.
The silver market is also notorious for having a large futures/paper market compared to physical and is likely one of the reasons why silver prices are able to be suppressed.
Is Bitcoin going to suffer the same fate as silver, with prices being suppressed in the coming years? Will Bitcoin-futures-backed-ETFs be the nail in the coffin?
Thoughts? Keen to hear any arguments against this view.
Basically FUD and negative news started to take a strong factors that made this current situation really hard to overcome. Every individuals had doubts that price will survive and recover successfully, but for my personal point of views I wanted to remain strong despite of those hearsays. Hopefully, it's not that worst in the next few days and we will see bitcoin soars higher all over again.