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RE: Why I'll Sell Bitcoin if it Reaches $17,000 Soon

in #bitcoin7 years ago (edited)

Have you considered making alt buys based on likelihood of new listings on Coinbase? For example XRP seems heavily favored in the rumor mills and listing it would be inline with Coinbase's push to seem legitimate to institutional players. It appears to match almost all the criteria with the exception of perhaps centralization. The prospect of retail investors seeing that $1 price and however falsely considering it "cheap" seems too good an opportunity to dismiss.

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That's more a longer-term catalyst, but yes larger cap cryptocurrencies and ERC-20 tokens might be good to look into given any listing on Coinbase can lead to a pump (similar to how listing on Bittrex does).

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