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The CME Is Destroying Bitcoin

BITSTAMP:BTCUSD   比特幣
Bitcoin was on target to reach an all time high of $28,000 for Jan. 2018. Unfortunately, this event coincided with the beginning of the Bitcoin futures market. Bitcoin has never been up since. People think that since it went from $3500 in Jan of '19 to over 10k in June that it had an increase in value, it didn't, it is down -63% from its' all time high. Today price is at $7400, exactly 1/4 of it's actual price of $30,000. Today Bitcoin is selling in Iran for $28,000 (actual price). Another interesting fact about the futures market, you can't take delivery of Bitcoin upon expiration. The only purpose of the futures market is the slow bleeding and destruction of Bitcoin.
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