Relying on Bitcoin’s Halving Price Pump Could Be a Huge Mistake, Warns Asset Manager — link
- Bitcoin Asset manager claims most firms looking to speculate on bitcoin will use derivatives market instead of the underlying asset.
- The market share of physical oil compared to oil derivatives plummeted when futures trading was introduced.
- ‘Financialization’ of bitcoin will distort its innate pricing mechanism. Don’t count on a halving pump in 2020
- Bitcoin Asset manager claims most firms looking to speculate on bitcoin will use derivatives market instead of the underlying asset.
- The market share of physical oil compared to oil derivatives plummeted when futures trading was introduced.
- ‘Financialization’ of bitcoin will distort its innate pricing mechanism. Don’t count on a halving pump in 2020