Financial experts and theorists say ETFs can have the same if not BIGGER effect on BC price than futures, which can send BTC soaring to 20k and beyond!
Do you guys belief this hype? Will the be the catalyst that sends crypto soaring with institutional money? What are your opinions?
I have been waiting to read who are these financial experts and theorists that they have no other option than to be optimistic about every situation. The same experts that predicted in January that when Wall Street guys receive their bonuses, price of bitcoin would increase. The same people who predicted that the when Chinese holiday is over price will increase and the same set of 'experts' who predicted that because of the trade war happening between the United States and China, the price of bitcoin could reach another all time high. But unfortunately, all of those predictions have ended up being false.
Just like the thread I had commented earlier, whether ETF or not, the price of bitcoin would still rise and fall and the earlier we started to realise that the better for everyone to start banking hopes and false positives.