Oil prices are not determined entirely by supply, demand, and market sentiment toward the physical product. Rather, supply, demand, and sentiment toward oil futures contracts, which are traded heavily by speculators, play a dominant role in price determination.
Replace the word oil with bitcoin in this sentence. And please remind me why the price of Bitcoin can't be determined in the futures market?
I don't know if I am wrong or right, because I believe that bitcoin can't be compared to oil, by the way what oil? Crude oil or ? Lol, crude is been controlled by the government and Bitcoin is not controlled by government, or do you espect me to agree with you that Bitcoin is far more better than crude? Bitcoin has nothing to do with politics, okay! And we can't redict it future outcome because Satoshi Nakamoto is an appariton. Hope am right? Replace the word oil with bitcoin in this sentence. And please remind me why the price of Bitcoin can't be determined in the futures market?
