How badly will this impact Alts?
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Speculative money will flow into BTC, if approval occurs. Alts will bleed out like with run up to futures listings but this time new long term holders enter the market. (retail money) So measured in BTC terms I think the high water mark would be in for most coins but not in USD
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Let me know if you see it another way.
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Ok, so BTC would charge along. TRX and ENG I have alot of faith in the tech. Mid term they would bleed, mid 2019?
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If this ETF is approved then in BTC term they'll never recover to previous highs. IMO.
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Wow!
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My only certainty in crypto is that I doubt know. If this ETF gets approved I would expect we hit $50k. But who knows maybe it crashes going into the ETF even though I can't envision it.
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It’s when CBOE's Bitcoin ETF gets approved, which it will but not before all the greasy palmed politicians like Sherman get to front run purchasing cheap
$BTC OTC after dropping intentional FUD to trick weak hands to drop#Bitcoin price...pic.twitter.com/ydrd7ZlNScThanks. Twitter will use this to make your timeline better. UndoUndo
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Going to take a BIG custodian to sign on first eg Chase, State Street, BNYM, Northern Trust, etc
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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