Grayscale Bitcoin Trust (GBTC)

[chrispy2468]

I believe cash settled derivatives for bitcoin on the CME is a bad thing. This gives big people and institutions the option of trading or buying and selling bitcoin paper without actually buying bitcoin. This is the same thing that happened with silver and gold ,they flood the market with thousands of short call options where there is no physical silver or gold to back up those sales. It will cause great price suppression. The general public wants Bitcoin to go up and the big institutions can just Dump on the market all day long and suppress and manipulate the price till the cows come home. Just the opinion of an average Joe investor