Is Bitcoin primed for the big one?
Hello steemians, how is everyone? It’s been one hell of a rainy day here! Hopefully it gets it all done before the holiday weekend. Man the crypto universe is dead as of right now with just about everything trading sideways.
It seems to me like everything is in accumulation mode and everybody is loading up. I just read that the Nasdaq is opening its crypto exchange next month, Nasdaq is the 2nd largest market exchange in the world in terms of volume. Total volume of Nasdaq exchange is 9 trillion usd! Current Bitcoin price is right around 8200k with a 141 billion usd market cap!
If 10% ( of 9 trillion usd ) Nasdaq volume comes into the bitcoin market which is 900 billion usd, then the expected bitcoin price would rise 6.5x from the current price! Just think about that $52,000 bitcoin????
If only 1% volume of Nasdaq comes into Bitcoin market then bitcoin price would go to 13,000k. So maybe we are looking at something big coming in the near future! Just hold tight!
There is a couple hours left in the 2 auctions running on Willies Silver Booty Exchange.
Thanks for reading and everyone have a good day!
I think it will be the top ten coins here that will increase in value. You for sure won't see Nasdaq selling shit coins to its extremely wealthy clients. The coins that are in the process of being complete and have true value will definitely be included. The coins that are highly speculative and based on hype will be a no go.
My concern is... Nasdaq obviously is aware that the public will look at this as an investment opportunity for the mass public to take advantage of. How will they counteract?
You could be right but it just seems as when Bitcoin makes it’s bull runs so does everything else
That's what historical data showed until last month when Bitcoin went up and other altcoins didn't follow. This is obviously just my PREDICTION lol.
In my opinion, I think a lot of altcoins will fail this year when institutional investors start trading on Nasdaq.
https://steemit.com/bitcoin/@cryptoking100k/quantstamp-how-it-will-100x-in-2019-proved-by-maths
I am hoping that it doesn't just apply to Bitcoin and that everything shoots way up! I was thinking about putting a little more either in Bitcoin or in some of the smaller coins like Litecoin to get a better ROI.
It looks like the silver and gold exchange is a big success. These has been some really great pieces put up and I was really close to pulling the trigger on that 1984 Libertad, but there are a couple of pieces that I am looking at or waiting to see if they get put up on the exchange :)
I would say if Bitcoin goes up everything will follow! Probably list some more on the exchange tomorrow!
It could, and it should, and it must, but times are crazy-ass right now. I expect a flush before another mind-boggling bull run 🤪🤪🤪
🐂🐂🐂🐂🐂🐂🐂🐂🐂
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