the structure of the exchanges and the market make a huge difference in how trades happen. one very real example of this is happening now: many people cant mak

the structure of the exchanges and the market make a huge difference in how trades happen. one very real example of this is happening now: many people cant make BTC trades happen, while "uptime" for the other markets you mention is virtually 100% so the fact that BTC is crypto doesnt change anything about how trades happen, but the massive differences in market structure between crypto and established markets makes a huge difference edit: and the fact that the difference is larger does matter. volatility is one of the core inputs of derivatives pricing, and for a derivatives market to exist, volatility must be estimable. having a derivatives market has major influence on prices and liquidity of the market for the original security. for BTC to really go mainstream, markets need to evolve