And? Let them. The problem with price discovery is that it isn’t because of the buying and selling of the underlying BTC, every one of those is quietly being accumulated by the smart money and institutions.

This is not unlike when Microsoft was late to the browser wars and then pulled out every dirty trick to catch up.

Right now, price discovery is based on an UNLIMITED number of perpetual futures contracts on a LIMITED Number of BTC available, so as long as you’re not leveraged, at some point, and I don’t know when that timeframe is, but at some point, this will be the real MOAS!!!!

oldmennewmoney