Real_inwCoin

Sad future ahead for all altcoins...BTC ETF approved or not

Short
BITFINEX:ETHUSD   Ethereum
It's kinda sad to think but this true..There will be no future for all Altcoins, ICOs anymore.. Why? This is my opinions;
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(1) Bitcoin ETF
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*IF* Approved : people will dump Altcoin for Bitcoin
*IF* DISAPPROVED : Bitcoin will goes down, so all the alts.

No future..


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(2) HODLers will dump all of their bag for some money left
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I think some Hodler still have some hope in their shitcoins bag and still not selling it.

But in some point, they can't resist and will dump their bag for some leftover usd.. that maybe 1-5% left from their original value.


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(3) ICOs will cash out and exit/fadeaway
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Most of old ICOs will start dumping their ETH for some USD so they can spend that money for their project.
They might choose to just continue the project if they are... good guys, but for the normal/bad guys they will just fade away with investor's money.... Like in Kickstarter projects


In the end, the whole cryptocurrency ecosystem will fail, some might survive, most will vanished... And I think the only survivor is Bitcoin ( But yes, it need some more correction after ETF rejection to 4,000 or 2,000 )
Then everything will silent for 2-4 years .. no more ICOs, no more Hardfork, no more shitcoin. Just Bitcoin.

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