Listen guys, I know you have heard a myriad of mixed opinions over the last week. Some folks are saying bitcoin is dead forever and some are saying that bitcoin is going to 100k by next month. Neither of these are correct, in my opinion. Futures is a good thing! Not only for Bitcoin, but for crypto's in general.
No no no. Everyone is coming around to crypto, even wallstreet. They took their time and played it cautious because they had no clue what the heck was going on. Now that enough of them have seen their own gains and show friends and bosses everyone sees that it is not a joke.
These people want to make WAY more money than any of us, and that is a fact. Shorting and longing futures is a game these people like to play BECAUSE they are rich. This means that they, as a collective, would not want to destroy bitcoin. They would want "their" side to win, or their group of friends...whatever. They will try to manipulate, but at the end of the day we control this market and unless you let them scare you, we got this.
This means that BTC, and hopefully more crypto soon, are now official in the eyes of moneymakers and shotcallers in the US. This gives clout to BTC and will cause even more of a mass-adoption of it, and in turn, other crypto. I am excited about this and you should be as well if you are involved in the crypto scene.
Just keep doing what you are already doing. Tell all your friends and family about crypto and try to get them involved. The more people using them, the higher these marketcaps go and the more money we are all making from our trades. Not only that, but the quicker it is adopted...the quicker we can start shaping a better world.
Thanks for taking the time to read my thoughts and opinions. At the end of the day that is all they are though, thoughts of some guy on the internet. If you found this interesting in any way, please give a newb an upvote or a resteem! Take care steemians (and hodl).