Upvoting more for your advice that the idea that the Winklevii ETF will be a big deal. As I recall, it's going to be listed on an exchange that nobody has ever heard of.
I think Bitcoin will sit on the launchpad until Core releases Segwit and we see that that goes smoothly, followed by the start of a flood of innovation and continuous scaling. If none of that starts to happen by fall/winter, I'll start something of my own--swapping out of BTC for whatever.
You are right its a lesser known exchange. They originally were going to be on NASDAQ then switched to batsglobalmarket. The thing is the volume for bats in usd per day is in the billions. In my opinion that is a lot of new money coming into the crypto world. I feel like bats will be more trusted than any of our cryptomarkets by fiat users. Just my opinion and I am wrong a lot.
I did hear that there are arguably good reasons for bats exchange. Maybe it will turn out to be a brilliant move? Regardless, there are numerous reasons for Bitcoin and the other well designed altcoins to 'Moon' in 2016+.