[kmitz]

I totally agree. Current pattern is very similar to the four-five previous bubbles, which the author doesn't seem to take into consideration or even be aware of.

Besides, futures trading has existed a long time on chinese platforms before CME and CBOE joined the party.

It really is a waste of time to speculate why bitcoin price is going up or down on such timescale.

[gst]

Also Bitcoin has been declared dead 299 times already: https://99bitcoins.com/obituary-stats/

Maybe the futures will have some impact, but I wouldn't be surprised if in hindsight it will turn out that futures didn't have any impact at all.