Given the transparency/regulation of the futures markets, futures price in a one-day physically settled bitcoin contract will serve as a price discovery contract for the market
There's no reliance on cash platforms for settlement prices for pricing daily bitcoin futures contract
@Bakkt
This panic in the market is driven by speculators and manipulators because of the fear from your start. The hour of realistic valuation will arrive. It is their last two months to freely manipulate the market.
#nomarketmanipulation
#realprice
#Bakkt
@Bakkt
But won't this create less flash crashes and front running on other exchanges?
How will owners of other unregulated exchanges feed their families if you do this?