To those, who think of selling bitcoin due to hysteria around "shorting" due to CBOE and CME futures.
I might get a rotten tomato thrown at my face... But seriously, guys, who thinks that shorting can crash bitcoin is a fool.
If you held bitcoin long-term and want to cash out, you're missing the concept that it takes real cost and effort to produce a bitcoin and it is becoming more expensive every day to produce each BTC as calculation demand grows. There is no way to stop such algorithm. The scarcity of computational power and higher demands will make it only more expensive in long-term.
You miss the big picture. Anything that is put on futures is not coming from dust. Once it's going to CBOE and CME, bitcoin is proven worldwide to be a legal legit asset. This is a big step for all cryptocurrencies and we might see a new revolution and even bigger rising popularity.
Be patient, don't bother with short-term price drops.
Support bitcoin and all cryptos!
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