While this might be a reasonable thought before there was a futures market, now we know what the…
Michael Flaxman

Fair question. I think we should keep a close eye on the markets. I wouldn’t call it dead quite yet — the futures market you mention is extremely thin. Only a few hundred BTC per day. Either side could manipulate that market without even a sweat.

I’d love to see a larger futures market arise to help answer this question.

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