Get Ready for Bitcoin price Tsunami if ETF goes through !!!

         Bitcoin mania is just around the corner, if ETF goes through.  Is this going to be an inside job? Of course, there be people who are close to SEC, they'll know.  They will buy as much bitcoin, litecoin or maybe top 100 coins, before the news hits.  So they can catch the tidal wave of money coming in. 

               I think it is very likely an ETF will happen, the rich are getting into it already.  Soro and other investment firms.  They smell big loads of cash in the air.  They are usually the first to know.  They have the power to move the SEC to do ETF, so they'll cash in big time.  

                Here's some speculation of what prices we may see.  Bitcoin will keep going up and then the news of SEC decision will come in.  With trade war going on between US against Europe and Asia, insiders will push for Bitcoin ETF to give a push - well atleast a big push for the rich.   Where else are they going to make the millions and billions in trade war??? 

                 Sorry going back to the prices.  It all depend on what the price of Bitcoin is, when the news hits.  If at 10k or 15k, after the news, expect it to double quickly.   What ever the price is, it probably will double or maybe triple. 

                 All the top coins will catch on fire from Bitcoin.  So even if you are holding, say Litecoin instead, that should also increase.  If Bitcoin sets a record, it is likely Litecoin and other tops coins will set new price records. 

                   I think another important effect will be, the start of blockchain economy.  Think of say BAT or STEEM.  Users for these platforms will explode, consider the what each of these coins can be worth with high Bitcoin price.   BAT for example may be  0.000044 btc now, even if it stays there, times it by 30k price of Bitcoin.   That is 1.32 and that gives BAT a market cap over  1 billion.  I would think, they'll be a high investment interest, the price of BAT would probably increase in btc as well.  My guess comparing to other coins similar in supply such as IOTA, BAT may go to 0.00012 at the least.  0.00012 x 30k would be $3.6 with market capital of 3.6 billion about.   Since BAT already have a product with their Brave browser and business plan, imagine how much money investor will put in after an ETF?? 

           I think BAT is worth at least $25/token.    They are the first browser to generate ad income sole-ly on users.  If their business plan works and they gain millions of user, we probably talking about Ethereum for the browser.  All depends on if the other browsers wises up and catch BAT.   BAT's Brave browser gains as much or more user than the major browers, I think BAT will take the lead in this new category.  Then we'll talking about probably $100s/token. 

                For  sure bets,  Litecoin, Bitcoin Cash, Ethereum, Stellar are most likely to increase with Bitcoin rise.  End of year,  I'll put Litecoin $400-$500,  Bitcoin Cash $4k - $5k, Ethereum at $2k-$3k and stellar at $2-$4  I'm not sure of Ripple, they very controlled.  Compared to Stellar XLM,  Stellar has more support - IBM supports it's network with their coin.  

                 Cinderella would be BAT, ZRX, DGB, and RDD.  I just mentioning some of the coins, I know.  These coins has a chance to explode big time.   I tell you why.  Bat has it's browser and tokens for advertiser and web publishers.  ZRX Ox, is protocal for Ethereum with a following and backing from Coinbase.  Digibyte, usually goes up well with rise of Bitcoin and there is a following if I remember in Asia.  RDD is known as the social tipping coins, it has grown and there are followers. 

       What be interesting is how the staking coins will do, the once that gives the most rewards.    

                                So even if you don't have that much money, you can still make it big with smaller coins.  Look at RDD for example, its less than a penny.  This is a good time to get into it, if Bitcoin ETF is approved, then the prices should explode.   An ETF will bring huge pool of institutional investors and rich individuals the were too afraid to get in.  Plus, it bring even regular investors because of a SEC approval.  

   

 ** Disclaimer   This blog is based on my opinions.  I am not giving professional advice. Anything written here should be taken as an opinion and is the responsibility of the reader to take due diligence as such.  Basically saying I may be wrong, right or neither, just saying its my opinions and my voice.