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Subject Cryptocurrency Option Derivatives -- market rigging of cryptocurrencies. Thanks CFTC

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[quote:Anonymous Coward 75180542:MV8zNTcxNjYwXzRBQ0NDQjJE]
Tell me if I am wrong about this GLP.

Based on this article, the criminal CFTC will allow trading digital currency derivatives.

More
http://www.coindesk.com/bitcoin-ether-cftc-formally-registers-first-cryptocurrency-swap-execution-facility/

You knew it would be a matter of time for the CFTC to step up and rig the crytocurrency market.  All in the name of price stability.  You can't have cryptocurrency outshine the US dollar you foolish slaves.

So now we will see  big whales  do what they want in the cryptocurrency market,  moving the price around as they see fit. They have the means to do so, to place huge bets on derivative-cryptos, that is, beyond the amount of cryptos that are actually is mined.

Will there most likely  be a Federal Reserve Desk on the proverbial trading floor with the big levers to move prices lower at options expiration time?  The same rigging strategy as the gold and silver markets?

Some details from the article.
"As a result of that capital, Chou believes LedgerX is on the cusp of creating a cryptocurrency options market that could increase the number of institutional investors able to invest in the asset class and help stabilize the price of the currency by enabling a more reliable hedges."
[/quote]

Original Message Tell me if I am wrong about this GLP.

Based on this article, the criminal CFTC will allow trading digital currency derivatives.

More
[link to www.coindesk.com]

You knew it would be a matter of time for the CFTC to step up and rig the crytocurrency market. All in the name of price stability. You can't have cryptocurrency outshine the US dollar you foolish slaves.

So now we will see big whales do what they want in the cryptocurrency market, moving the price around as they see fit. They have the means to do so, to place huge bets on derivative-cryptos, that is, beyond the amount of cryptos that are actually is mined.

Will there most likely be a Federal Reserve Desk on the proverbial trading floor with the big levers to move prices lower at options expiration time? The same rigging strategy as the gold and silver markets?

Some details from the article.
"As a result of that capital, Chou believes LedgerX is on the cusp of creating a cryptocurrency options market that could increase the number of institutional investors able to invest in the asset class and help stabilize the price of the currency by enabling a more reliable hedges."

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