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RE: Don't Just Ignore The Anti-Cryptocurrency Talk, Capitalize On It! By Gregory Mannarino
The thing about Bitcoin is that with no derivative market, no way to short or trade HFT it is very hard for the mainstream to manipulate Bitcoin's price. Bitcoin is trading in a real market meaning fear and greed are the real drivers. As Greg said, the trend is up.
Is it physically impossible to have a derivatives market because of the way Bitcoin is designed, or have they just not gotten there yet? I have heard of ways to short Bitcoin (can't remember where though), and have always assumed it is just a matter of time.
The banks won't create BTC derivatives because they can't control the price and they can't control the price because BTC doesn't have derivatives. Positive feedback loop for us ;-).