Can anyone make a case that the price will not be at least twice this level within 90 days after COIN lists?
So for you it's just a matter of "when".... I'm glad.
Objectively speaking, once an ETF is available as a public investment vehicle, anyone who does not at least have exposure as a small percentage of a tax-deferred retirement portfolio is completely out of their mind. That alone is a monstrous amont of capital, total US retirement assets are on the order of $20 trillion. Capturing just one tenth of one percent of that would be about $20 billion slamming right into the float.
I do agree with both of you, once the Wii will need to buy btcs on the market to back their ETF surely the influx of money will be significant. I'm just not as sure as you're that COINS will happen soon
if ever.
I think that the probability is pretty high but not equal to 1.