I'm glad you used "FOLLOW THE FUTURES MARKET" to grab attention to this article Greg. You're right on. It's very scary how few people actually understand how these futures instruments now control the price action. What's worse, is that most folks don't realise that half of the mining pool influence of BTC is controlled by a select - People who are now so wealthy that playing the futures market (and murdering all retail traders who came to the party way too late) is the name of the game. They can place bets either way now on the futures exchange and then buy, or sell, on the crypto exchanges as much as they like to move the price with their influence AND NEVER LOSE THEMSELVES!

Even Mike Novogratz isn't powerful enough, or stupid, to mess with who's now controlling this asset - he's just delayed the launch of his crypto hedge fund - very wise move.

Be careful with this asset class folks, there's some nasty people out there doing bad things.

The days for the idealists amongst us regrading BTC are long gone and she's in the hands of the banksters now and that means we're playing by their rules, and they don't play fair.

Upvoted and resteemed.