Title: Is ETF Really Effect the Bitcoin/BTC Post by: Justindud on July 30, 2018, 09:17:18 AM Hello...Freinds
There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: BitcoinGuruOne on July 30, 2018, 09:26:03 AM Hello...Freinds There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? ETF is a finacial instrument which allows traditional markets to enter crypto trading with current regulations in place. The ETF istelf currently cant effect the price since there is no ETF ( at least in the USA ) but the anticipation can and will effect the price as in case of BTC futures. Also noone knows what the ETF will look like, will it acutally help avarage Joe or will it be for institutional investors only. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: WaterSeal on August 01, 2018, 08:36:04 PM ETF enlists the coins to enter into the crypto market. So, they are pretty important for us. Certain rules and guidelines are needed to be followed to get the coins enlisted.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: MarshMagpie on August 01, 2018, 09:23:36 PM The recent rejection of Winklevoss's ETF has not affected the price in any way. BTC is still standing strong at 8,200$. There will be more hearings for ETF to get approved in the future which will create a lot of expectation and demand among people for sure. BTC will definitely rise then.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Reatim on August 01, 2018, 09:33:08 PM Hello...Freinds There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? If it has a effect, its going to be on a short term basis only. Bitcoin has survived with ETF for many years, although others may argue specially the CBoe ETF proposal can at least put some "trust" on the market, I don't think it will have a lasting effect. We may see a good price spike if its approved, however, long term, I don't see it having a significant impact on the price and I believed that it won't push the price to a new all-time-high. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: CrashGangster on August 01, 2018, 10:23:27 PM In my opinion ETF approval can only add to Bitcoin's popularity and demand whereas getting rejected by Security Exchange commission will not make it less valuable which will cause a dip in price. So, ETF can only affect Bitcoin's price in positive way. I see no reason for it to damage Bitcoin's reputation or demand.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: rickn on August 01, 2018, 10:44:06 PM I do not see how the ETF influences the price of Bitcoin, but rather the reverse, because only when Bitcoin rises again is that the other altcoins will recover in the sequence
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: samcrypto on August 01, 2018, 10:50:40 PM ETF hype, yes it help to boost the price of bitcoin to hit the $8k level again. And now we are dumping again because of some delay about that ETF. Technically, it can really help the market way up and I know good things can still happen about it.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: xfaqs01 on August 01, 2018, 10:55:25 PM i get your point op but the problem of bitcoin as a form of payment is big, the trasaction fee is so big that its not practical for it specially for micropayments purpose, thr time of transa tion took very long because of condense network. we can only hope for this if the loghtning network gets perfected this bitcoin could be use in payments.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: X-ray on August 01, 2018, 11:25:19 PM Hello...Freinds Not only bitcoin but the whole of crypto ecosystem. ETF gives bitcoin a lot of money if that will be approved by SEC. It's really affecting the bitcoin price consider it can become the new gateway to the us investors to put their money on the bitcoin. remember bitcoin is not classified as security token and that will be fine. There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: suzanne5223 on August 01, 2018, 11:31:36 PM The bitcoin ETF does have effect on the bitcoin market cause it will inspire yet to come and new coming investors to invest into Bitcoin and other cryptocurrency. However, almost all cryptocurrency community believe that the ETF will be the key for bitcoin to go mainstream. Unfortunately, the SEC still reject all ETF submitted.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: thepers0n on August 01, 2018, 11:34:29 PM ETF is an important tool that will largen BTC security and privacy. I hope that accepting of ETC for BTC will bring big changes on cryptocurrency market. i believe that it will so helpful for it
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: lephuqui on August 02, 2018, 12:06:17 AM Hello...Freinds I think the ETF does not really matter. It is just one step in raising the btc value at the present time.There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: KS03 on August 02, 2018, 12:34:11 AM The recent rejection of Winklevoss's ETF has not affected the price in any way. BTC is still standing strong at 8,200$. There will be more hearings for ETF to get approved in the future which will create a lot of expectation and demand among people for sure. BTC will definitely rise then. You may want to update your stock tickers. BTC is at $7600 at this time. I think this mini sell off is mostly overdone and will be correcting at anytime however with bankers involved who knows. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: inanilujimi on August 02, 2018, 12:51:07 AM as far as I know right now it is true that ETF can affect the price of bitcoin. if we look at a volatile market at ETF news. so far BTC has always stood alone for a long time, before the ETF may be the current effect is only temporary and bitcoin lift up even without the ETF though.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: ehiozuwa on August 02, 2018, 12:57:59 AM ETF will have an impact on the prices of bitcoins since it will actually involve the purchase of bitcoins out of the crypto-market into an alternate market for trade.It will drain cryptos of its bitcoin and thereby create scarcity and price will spike.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: entrepmind23 on August 02, 2018, 01:20:24 AM An etf absolutely increases the value of Bitcoin, the funds have to be held, the Bitcoin has to be held and traditional investors can easily gobble up tons of bitcoin, this leads to demand SKYROCKETING. Yes, this is what the people is anticipating. This would allow big money to be invested in the cryptocurrency market which in effect would make the price shoot up. If this happens, then it wouldn't only attract the attention of investors but also the ordinary people because this would appear in the news then. Even if there are negative news surrounding it, the people would see a chance of a profit and this would benefit then the early holders of it. Just look at what happen to gold when there is an ETF. Its price was folded multiple times so there is many people positive about the price reaching $50,000 if ever ETF would be approve. Currently, we can just wait for the decision and accumulate as much as we can and trade as well to have more coins. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Karisma Black on August 02, 2018, 03:02:53 AM ETF enlists the coins to enter into the crypto market. So, they are pretty important for us. Certain rules and guidelines are needed to be followed to get the coins enlisted. What?No! Please refrain from posting if you have no idea what you're talking about. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Greplive on August 02, 2018, 10:05:34 AM I think it’s really effect on bitcoin. Suppose if SEC approved bitcoin SEC then bitcoin will be more popular and sustainable. And it will be very effective for BTC.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Halwas on August 02, 2018, 10:23:29 AM I think EFT is slightly effective for bitcoin. If it approve people will move positively into it. More investor will invest bitcoin. Bitcoin coin have good project and develop every time so if ETF not approve it will not effect badly but if it approve than it eill create positive impression
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Juver18 on August 02, 2018, 10:53:08 AM If SEC allows bitcoin ETF it will remarkable for bitcoin. I think it is a very good sign for bitcoin. Bitcoin is more secure for ever. I think it will affected bitcoin price.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: dothebeats on August 02, 2018, 10:55:39 AM For me, I see ETF as a big mover in terms of market sentiment and confidence of the people towards an asset class, in this instance bitcoin, and see whether there are solid interests from the higher echelons of the global investment markets to that of a rising asset class. If there is, people would follow suit and try to see their luck by riding the waves. Oftentimes it results in a hype or FOMO by the people on the sidelines, expecting a rapid boom in price when in reality, only a handful of traders are stimulating the price just to make it look like legitimate money from the ETF is already flowing in on the economy. It does help, one for recognition; two for training purposes from institutional investors and; three, traders' confidence on the market.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: worldofcoins on August 02, 2018, 11:01:30 AM I think it’s really effect on bitcoin. Suppose if SEC approved bitcoin SEC then bitcoin will be more popular and sustainable. And it will be very effective for BTC. I think so too. ETF would greatly influence the market because it will promote and encourage either the hate or importance of Bitcoin which will really impact the number of users it will have in the future, especially if BTC gets approved. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Gualloo on August 02, 2018, 11:04:44 AM SEC allows Bitcoin ETF. So it will be a great news for Bitcoin. Bitcoin will be much more profitable than before. Bitcoin's ICO will grow. I think ETF will affect Bitcoin prices.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: viewpaker on August 02, 2018, 11:08:24 AM With the recent price dumping to $7,500 I think ETF have been a great effect for the price of bitcoin. The delay of hearing of approving bitcoin affects the emotional factors of investor that is why we have seen again the price drop. Bitcoin will recover again if the ETF will be approved and can be a good sign for a bullish market at the end of this year.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: jojohamasa on August 02, 2018, 11:16:39 AM I think the impact of the ETF will be tangible but not for long
But if the good news comes with this news, prices may reach good levels The market is controlled by one news It is considered immature We are still at first Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Futurm on August 02, 2018, 11:19:46 AM Whether the ETF is approved or not will have some impact on the market.
If the ETF is passed, it will restore confidence in the market and there will be a big increase. Without ETF, the whole market would lose confidence and there would be a big drop. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: harrybell on August 02, 2018, 09:06:56 PM "ETF is the need of the hour for Bitcoin revival. It will bring pension funds and institutional investors and
hopefully see bull run again." Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Pump N Dead on August 04, 2018, 03:48:33 AM Hello...Freinds Yes there is an effect in the price if ETF application will be approved by the US. It is also an indication that they are ready to embrace blockchain technology. The only reason why they delay it is because they still can't control cryptocurrency transactions. There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: tongkt1992 on August 04, 2018, 08:30:04 AM Back in 2003 gold ETFs were introduced for the first time. Many of which were physcially backed by the precious metal.
At the time gold was trading for roughly $300 an ounce. Fast forward a few years and gold hit $1,900 an ounce in 2011. That is over a 6X increase in just 8 years. Keep in mind that all of that price appreciation wasn't due to ETFs as there was the whole "Great Recesion" in 2008 that spurred demand significantly as well. That being said, prices still more than doubled to about $700 from 2003 to 2007, and reached $1000 an ounce just before the Recession and QE really sent prices of commodities skyward post 2009. There certainly seems to be a correlation between the ETF demand and the price of gold. As the ETF gold demand increased, so did the price. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: viyumztf on August 04, 2018, 08:34:54 AM It's a lot of people talking about ETF recently, which may be a big news for the whole industry, and I think ETF can stimulate market demand in a short time, but if bitcoin wants a longer development and a better price, the community is going to be more aggravating than ETF.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: blackandwhite89 on August 04, 2018, 07:17:44 PM ETF enlists the coins to enter into the crypto market. So, they are pretty important for us. Certain rules and guidelines are needed to be followed to get the coins enlisted.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: tedrogers on August 04, 2018, 07:21:18 PM The recent rejection of Winklevoss's ETF has not affected the price in any way. BTC is still standing strong at 8,200$. There will be more hearings for ETF to get approved in the future which will create a lot of expectation and demand among people for sure. BTC will definitely rise then. And yet only 3 days later were seeing under $7000 USD again. That's a lot wiped off in just a few days, purely because of an emotional response and FUD, and big whales (Tokyo Whales?) selling off huge amounts due the mini bull recently. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: blackrain321 on August 04, 2018, 07:48:56 PM The recent rejection of Winklevoss's ETF has not affected the price in any way. BTC is still standing strong at 8,200$. There will be more hearings for ETF to get approved in the future which will create a lot of expectation and demand among people for sure. BTC will definitely rise then.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: cryptofan999 on August 04, 2018, 08:25:09 PM In my opinion ETF approval can only add to Bitcoin's popularity and demand whereas getting rejected by Security Exchange commission will not make it less valuable which will cause a dip in price. So, ETF can only affect Bitcoin's price in positive way. I see no reason for it to damage Bitcoin's reputation or demand.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: tedrogers on August 04, 2018, 08:45:33 PM BTC is still standing strong at 8,200$. What? Check the current price (August 4, 2018 at 20:45 UTC). $7016 (coincap) and Google says its $6983. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: coinpedia240 on August 04, 2018, 08:52:54 PM I personally never thought ETF news could affect the market. However, it seemed like a blessing to the community when actually ETF related news made BTC to rise up to 8,200$, after the recent rejection of Wiklevoss brother's proposed ETF model, I thought the price will go down again, which actually didn't go down. So, I think it is only affecting the price in a positive way.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: AjithBtc on August 04, 2018, 09:10:46 PM After certain issues the growth has been taking place in a gradual manner. All of the sudden things began to happen in the opposite manner, once after the ETF rejection. In between there have been good growth taking the value of bitcoin go above $8200. This didn't sustain long, in no time everything went taking the price back below $7500. Right now things were much worse marking its value developing hard resistance to stay above $7000.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: tedrogers on August 04, 2018, 10:01:36 PM Right now things were much worse marking its value developing hard resistance to stay above $7000. Some sense, thank you. I'm really just wondering the golden question; where is the natural value / bottom? In my view, we're heading back to circa $6500. I think that's where the base value is, and everything above that is just the result of emotional trading, manipulation and noise. I've got no evidence of this, other than historically it just seems to be the area that the market tends to retreat towards. Some people like the volatility and trade on it (shorts etc), but I'm not one of those people. Good news is great (Startbucks, ETF's, Lightning Network, whatever), but it's no good as a currency unless it's a lot more stable. I don't want to just hodl, I want a currency. I want magic internet money. We don't have it. Not really. What we have is incomprehensible (in terms of volatility) and dangerous because it's so highly influential on other markets. I just wish the BTC market wasn't so easily influenced (manipulated?) by those with big bags, and that normal individuals (I can't call them traders) weren't so emotional driven by FUD and FOMO - traders try to ignore those two pitfalls. Manipulation, FUD and FOMO make the volatility worse, and all of that affects other markets because BTC is king and there are so many trading pairs with BTC to other alts. BTC needs to sort its head out, for the good of the cryptosphere. ETF's will come, and personally I think it will be institutional investors, so lofty highs are ahead; but just not for a while yet. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: iSparta on August 07, 2018, 10:32:31 PM I agree with those who think that ETF decision has only short term impact on bitcoin price. Bitcoin exists already a lot of years without any support of such organization. The main reason of it is that the people believe in it.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: alexgreen2018 on August 14, 2018, 05:54:28 PM It really should not affect bitcoin prices. Since this etf is for large investors only those who can invest large quantities.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Sutters Mill on August 14, 2018, 06:02:25 PM Hello...Freinds There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? Anything effects the price. Good news. Bad news. Rumors of good news. Rumors of Bad news. FUD. Excitement. FOMO. Weak hands. Hodlers. Any sort of institutional money coming into bitcoin is bound to effect the value, but the ETF isn't the be all and end all of bitcoin, but people are seemingly getting excited by the possibility of it and the price certainly did fall on the news of the delay of the ETF so make of that what you will. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: emberbekas on August 14, 2018, 06:27:28 PM Hello...Freinds There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? Market reacts to the news about ETFs which unfortunately is a bad news. But in my opinion this is just a temporary reactions. Soon or later, market will react to the other issues. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: prikitiw on August 14, 2018, 06:37:11 PM Hello...Freinds All cryptocurancy is not just Bitcoin. if it has been approved by the SEC then the ETF will give bitcoin a lot of money. This really affects the price of bitcoin as it can be a new gateway for investors to put their money in bitcoin. remember bitcoin is not classified as a security token and it will be fine.There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Odlanyer on September 16, 2018, 03:42:05 PM I think ETF didn't effect and influence bitcoin, I don't have seems wrong about ETF. But many people said that ETF gives bitcoin a lot of money if that will be approved by SEC and ETF is an important tool that will largen bitcoin security and privacy.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Yaunfitda on September 16, 2018, 05:34:15 PM I think ETF didn't effect and influence bitcoin, I don't have seems wrong about ETF. But many people said that ETF gives bitcoin a lot of money if that will be approved by SEC and ETF is an important tool that will largen bitcoin security and privacy. We are not sure if if really brings a lot of institutional money to bitcoin market if ever a likelihood of ETF's being approved and implemented. The worst thing that will happen its that Bitcoin will formed another bubble and then suddenly pops up causing the price to crash again. So I still have mix emotions, but just like others say have, let's see how it pan outs. But just be ready when all the hype died down bringing the price to its knees again. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Princero on September 16, 2018, 05:37:20 PM In my opinion ETF approval can only add to Bitcoin's popularity and demand whereas getting rejected by Security Exchange commission will not make it less valuable which will cause a dip in price. So, ETF can only affect Bitcoin's price in positive way. I see no reason for it to damage Bitcoin's reputation or demand. Have you thought about what wll happen to Bitcoin if ETF were to be rejected? DOOM!!! Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: chennappa121 on September 16, 2018, 06:03:34 PM Hello...Freinds There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? ETF is a finacial instrument which allows traditional markets to enter crypto trading with current regulations in place. The ETF istelf currently cant effect the price since there is no ETF ( at least in the USA ) but the anticipation can and will effect the price as in case of BTC futures. Also noone knows what the ETF will look like, will it acutally help avarage Joe or will it be for institutional investors only. You have given example about ETF why need to Bitcoin thanks for the information it is helpful for me to understand what is ETF and why Bitcoin need that I hope all other also understand about ETF with your post. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: drm on September 16, 2018, 06:04:45 PM In my opinion ETF approval can only add to Bitcoin's popularity and demand whereas getting rejected by Security Exchange commission will not make it less valuable which will cause a dip in price. So, ETF can only affect Bitcoin's price in positive way. I see no reason for it to damage Bitcoin's reputation or demand. Have you thought about what wll happen to Bitcoin if ETF were to be rejected? DOOM!!! Why? Bitcoin has always been traded without etf's, bitcoin doesn't need it. Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Pab on September 16, 2018, 06:12:39 PM Hello...Freinds There was big really on gold after Gold ETF approved There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price? So traders are expecting the same on bitcoin Now that btc ETF is used like a reason for pump and dump Is this good for bitcoin it depends how it is done ETF based on futures will make btc fully derivative Personally i think that there are much more important things for btc than ETF Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: Varun Kanwar on September 16, 2018, 06:52:02 PM ETF’s are big business and as of last year their market size was $3 trillion doll hairs. Their success mainly embodies ease of use, low trading fees and can be advantageous to tax weary investors. ETFs will have a major impact on the price of BTC and will inadvertently make it a store of value rather than it’s original vision aka a medium of exchange.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: giacatluong on September 16, 2018, 06:57:36 PM ETF also contributed to Bitcoin's value a bit. Since ETF was approved by SEC, it was a new feat for Bitcoin world. The more approvals the government will have the more doors open to Bitcoin.
Title: Re: Is ETF Really Effect the Bitcoin/BTC Post by: mohammedmattar on September 16, 2018, 11:17:34 PM I think ETF didn't effect and influence bitcoin, I don't have seems wrong about ETF. But many people said that ETF gives bitcoin a lot of money if that will be approved by SEC and ETF is an important tool that will largen bitcoin security and privacy. I think the opposite is true ETF has a great impact on the market as a whole But with an important note regarding the bitcoin price If the ETF agrees chances of rising prices will be great If an ETF is rejected, go to low prices will be limited. |