If CBOE and CME traders on the long position had to take BTC, that would be more indicative of the market interest in the asset. Instead what exists now with CBOE, CME, GDAX, Bitfinex, Bitmex, etc is an ecosystem ripe for any insiders at the exchanges to front run, falsify volume, and manipulate the order books to margin call.

  just for giggles: how many people that you know that screw 
  around in the coin space are actually there to _use_ the 
  coins as currency? Effectively everyone I know is just 
  trying to ride the rollercoaster and make a profit and 
  don't really care about the far off future of the stuff.

Exactly. Agreed.