Bitcoin Forum

When i think about ETF, i think more investment will come. It is good for bitcoin and also alts. But how if it will become like late 2017? when majority crypto users are traders and investors who expect moon and lambo. And cryptocurrency become speculative things rather than digital currency.

Now we see the result. Crypto market hard to recover because no one want to buy, we only hold and waiting whales or random person to start a bull run or "institutional money" to come in.
Same person who buy and sell.

I think we might see different result if cryptocurrency have wide adoption/real usage as digital currency, because that will bring continuous real demand. and market recovery wouldn't be too hard

Basically if ETF will be approved more investors will come into crypto and will be a domino effect and for sure adaptation will be done globally. That's right most of us are waiting for bull market to come and holding until that time but as of the moment we also need to think of alternatives to ensure profit in this kind of market.

you are right that mass adoption across all fields will create high demand, I am sure that in the next 3 years everything will begin to happen. I think if ETFs have been approved and achieved, then mass adoption can be easily done.

I agree, etf and crypto adoption cannot be separated, will society adopt crypto if crypto itself is not regulated by anyone?

For me the best way is to gather and attract more investments because even do there are many who would like to adopt the system but if there is no want to invest on it then adoption will become useless.Talking of ETF proposal that was just recently rejected by US SEC i think the people will not really care anymore because the price is stable but still we need more investments in any means that will pump up real demand in the market.

I don't think so. I'm not sure more investors mean more adoption. That will only bring more wannabe investor, who buy in ATH and sell when panic sell occur.

That goes to government for regulation, and that's only for real world usage (i.e if you buy bread from store). And as digital currency i have used crypto long ago without much trouble, even when no regulation at the time.
see? no ETF needed

ETF is needed, but it is not necessary. We all see that after the bull market last year, the market has been in a prolonged downturn, which is very bad for the development of the encryption industry as a whole.

Yeah, it is not necessarily the same thing but having that kind of regulation will attract other people to invest and that means adaptation will follow.

I agree as well with the other statement above that crypto survived for many years without this but as we move forward crypto also needs some adjustments or changes as for past years only few compared to global population knew about btc or crypto.

Adoption would increase the overall number of users which would ultimately increase the number of investors and the total investment coming into the crypto.
But most of the crypto are not suitable to be adopted for day to day use. And hence we'll clearly have a distinction between investing and using crypto.

Once you have adoption noting else is necessary. In addition in all actuality the ETF is a bad thing for Bitcoin.  The paper trading is how the bankers take control of the markets.  They have been destroying the gold and silver markets with paper for decades now. 

I think ETF will be very good for bitcoin and crypto space in general, currently what we have now are speculators who when their is FOMO and dump when their is a little FUD, the crypto space need institutional investors through ETF, they will make the crypto market to be more stable because these people buys and hold for a long time

I think the goal if cryptocurrency is the mass adoption into every market in the world, however to do that investments into different sectors must be made and I think the ETF will give new investors to the market, but since right now there are news that the ETF was debunked by SEC we might see a longer bar market.

In the first place, we must bear in mind that there are several ETF proposals and each one has its own characteristics. I think only one of these is based on actual bitcoins. Secondly, any value that bitcoin and cryptocurrencies can achieve thanks to ETFs is nothing compared to the value they would reach thanks to a massive and widespread adoption. Third, adoption will not only give more value to cryptocurrencies, but that value will be real and not the result of speculation. And finally, you must never forget that bitcoin and cryptocurrencies were created for the people, not for Wall Street speculators to save the day.

Of course mass adoption is more important than ETF. I think ETF case just only created the manipulation of the market.
If adoption of cryptocurrency occurred now, there will be many peoples using crypto and the demands will rise. Resulting the price will rise too.

I just hope the upcoming news favors every crypto enthusiast and may we all be happy again on the Blockchain network.

in my opinion those two spheres are equally inmportant in the modern market and we need to pay attention at both of them

Yes, I agree with you! Cryptocurrency is a speculative thing rather than a digital currency and it's really! If the crypto currency will be widely used in many spheres of life then the crypto market will surely grow successfully.

Isn't it "more adaption corresponds to more investments" but not, "more investment corresponds to more adaption"?
I believe that more adaption is more important because investment will surely follow.

Both are important but the money needs to come first, to me this is simple if you see a prediction that the next day is going to rain you take with you an umbrella to work, this is the same, we know that bitcoin will become huge so at first investors will put their money here before that happens, and then years or even decades later the adoption will come, something similar happened with the internet and almost every industry in the past.

completely true about adoption,
investment will follow after it if people uses it or sees it as something 'valuable or useable' and because of that too,its price will be more stable,unlike total investment.
with it(total investment) the price will get manipulated so hard just like now and it might be dead if people does not see it as something 'valuable or useable'.
but in general,both of it can be considered as one.

I consider that the hype around ETF was sensible. The rejection ETF causes many investors no to trust in crypto assets and moreover some institutional investors and funds are not able to invest in crypto assets without ETF and has invoked a new wave of negative cash flow. I think we should understand if SEC has rejected ETF it menas that SEC does not trust crypto market and crypto market does not suit for all prerequisites to launch ETF on bitcoin. I think we should be more careful to invest in various crypto assets especially in the current moment because I suppose that the downtrend on crypto market is still continuing.

For me I believe ETF will surely bring mass adoption to the crypto space, I believe once ETF is approved, it will create create FOMO in the space, which will make more people to join the space and invest in the crypto currency

both need money and i think we already have enough money, beside it bitcoin and cryptocurrency itself is money, lol. and you know what will makes cryptocurrency huge thing is its adoption, lol.
adoption can't just happen if people don't know about it, and we don't have any marketing department to teach people how to use bitcoin coz cryptocurrency is decentralized and not a company. it is all depends on its community

what had happened to some dot-com companies with their shares value was bigger than company value? they fell at dot-com crash. and now we face same situation, market crash, ICO hard to grow, new coins price free falling to the ground.
lets take eBay as example, it survived and grow after dot-com crash because it continue to expand the company, reaching new users, and then it's company become bigger and shares price rise again. now what would happen if more ebay shares investor come, instead more ebay user? that will only become another bubble

ETF and more adoption are mutually exclusive in this instance. For more investments to enter the space, the ETF has to be approved. This will result in more adoption as more people will be interested in the space both for the profits and the tech

More adoption worldwide. ETF from one particular country has not that bigger effect than mass adoption. This ETF drama is far stretched in its original form. It shouldn't even had to be a factor in BTC prices, but some people used it to manipulate and pull the prices the down.

I'm not sure about that consider we have reached the bottom. As far as know that these investors must try to move on from ETF to the adoption. Adoption is really important to the crypto. If ETF gets rejected and there was another way such as try to use the US based exchange site as the gateway to the new adopters from US. this should become the main thing.

So you think that ETF will bring more adoption?

That makes sense but IMO, even without these ETF's the crypto market is going to be there where everyone will feel FOMO and make people to invest in crypto's.

They will never forget the all time high that existed last year.

I agree with you, we need more investment(ETF) when more people start to invest into cryptos then FOMO will be created and more people will start investing and when more people are investing, it will bring the massive adoption for the crypto space, because a lot more people will get to know about cryptos and seek ways to join the space.

Mass adoption of crypto is slow process for next several years but ETF and Bakkt can affect for capitalization much faster because price will pump up in few weeks. After price pump new people will come again to get fast profits and new bull run will begin. I'w waitng new bull run in the end of 2019.

More adoption is best I think. It will help in the long run of the crypto. Even we need some investments to see the price is going up, mass adoption will make the crypto more stable.

I would say more adoption would be more important. As more and more people use crypto governments would eventually catch on and want to use it. I mean look at Bitcoin at it's beginnings, it didn't have much adoption but as time went on it grew to the point where the average person has heard of it.

New advances and discoveries in the blockchain field always arrive, I personally with all this progress can strengthen all the values ​​of the altcoin.

Yes thats a good point you mentioned if crypto were used in life tasks for example in buying goods or in games or to watch movies than there will be no stoping them crypto are a life saving.

In my opinion if etf get accepted then a lot of money will flow into crypto and that will make the adoption easier as the media coverage will help spread the word, but that doesn't mean the situation is bad if etf is rejected, it's just adoption will happen slower but we will be there in the end.

Don't focus too much on ETFs because it won't be good for the market because yesterday's refusal caused a significant price drop after a high pumping rate too, let's focus on the market and come back to believe because in the future we will be better than now, some people try to manipulate by spreading the word FUD just as ETFs have the effect of frightening new people, hopefully there is no adverse effect on any market that the media does.

Etf has a large impact on cyberspace. Even without it i think crypto potentially will grow up, Thru decentralization we will gain profit, But in case ETF will approve bitcoin then this will a revolutionary era for tech space not just a physical gold but the entire internet money..

We can't stop them of thinking more positively with ETF's.

They only think that its going to bring more money in the market and that's how they are thinking that its the only way to make the market up again. I have nothing against ETF's but I've read that it will only cause another way to manipulate the market. Still can't say anything about the effect of it.

I believe that adoption is what we truly need right now. It will be the best support for value in my opinion. Imagine if it is already adopted worldwide then everything else will follow.

ETF is less important to me and adoption is what cryptocurrencies need to go to mainstream.  If the society can adopt cryptocurrencies ETF will come on it own without having this effect that keeps on repeat on the market.  The issues of ETF has been there an any time it is not approve market keep going down.

Adoption is much more important than the ETF.  I'm not even sure hwy anyone who cares about Bitcoin would want this ETF garbage involved with Bitcoin.  If the entire world decides it loves Bitcoin then nothing much else matters.  The governments will be helpless. 

Adoption will still grow even without ETF, its going to be slow just as how it is now but definitely bitcoin today is popular that the regular people which people I never though would know BTC are now sharing on facebook about what they are up to. SEC will be forced to approve ETF as they see it grow even more after they have rejected last year. It resist so if they reject this once again, its going to be their loss because the adoption of digital assets are unstoppable.

Adoption is by far more important than the ETF.  Hell no one ever cared about ETF's last year and we were fine and skyrocketing.  Makes you wonder why everyone cares so much now and it seems to be the make or break item for Bitcoin.  It's laughable. 

Adoption in cryptocurrency is one of the answers for a bull run but before that happens, we also should have a concrete rules and regulations to protect those adopters. Just like when you shop online, you buy their things and you know that you are protected with the company if you receive a defective item. If you apply that to cryptocurrency, the investors are the buyers while their government is the company.

The both of them are important to us, because any one of them can make the other one to happen, if more adoption happens, then it is more likely ETF will follow and if ETF happens, then more likely more people will adopt it.

lol this is true, i even don't know last year there was bitcoin ETF

Last year the ETF was also rejected, but you've seen a great year, the ETF declined and soon the bitcoin went up nearly 20k USD. So ETF is not so important to the crypto market, it only reinforces confidence in this market

ETF will certainly help to bring more crypto adoption but that doesn't mean the adoption won't come if etf is denied. Adoption is way more important and you can see with the price movement that people don't care about etf, I am sure that most people don't know etf before there's news about it so crypto is going to be fine, although the adoption is slow but people will start to use it as it become more and more popular.

More adoption is the healty answer - that which would add real value to the Bitcoin network. ETFs is the insane answer, how to put the already casino-like crypto environment on wall Street steroids. Of course, we would have much bigger pumps. And dumps - never forget that.

If ETF get accepted then a lot of money will flow into crypto and that will make the adoption easier as the media coverage will help spread the word, but that doesn't mean the situation is bad if etf is rejected, it's just adoption will happen slower but we will be there in the end.

More adoption is definetely more important but ETF will also bring more adoption, so this question does not make sense. We need it for more adoption.

Of course, without whales, the price of crypto currency will not grow to the moon, but these same whales lower prices! If were the whales did not press the price, I think that were  have another picture - much better!

As more and more people use crypto governments would eventually catch on and want to use it. I mean look at Bitcoin at it's beginnings, it didn't have much adoption but as time went on it grew to the point where the average person has heard of it.

Both are great but it's definitely not the ETF kind of investment... Cryptocurreny don't need it.
We already have a good way of attracting investments -    It's called ICO. It can be made better in the future. By the way, investments should come in form of project development.

 Adoption is great too. We need lots of users. Crypto/Blockchain desperately needs it now to make p2p transaction more likely. More users also mean more traffic, more consumption, increase in investment. It will also encourage the expansion of Cryptocurrency/Blockchain infrastructures.

If you run ETF software in the market will come the money ! Demand for and therefore will be offered it will lead to an increase in prices !

Both is kinda important
But adoption should always be prioritized compare to investment

However, ETF does shows a recognition of acceptance of Bitcoin and thus increase confidence and it will lead to adoption

As soon as they accept the ETF, I think this will immediately have a positive effect on the entire market!

Approval of a bitcoin ETF will provide an immediate catalyst that will flood the crypto market with new money/liquidity and should trigger a bull run.

The two of them is important, which ever one that comes first will make the other one to happen, if mass adoption happens, it will fasten ETF and if ETF happen, it will make the mass adoption to happen.

This is only going to create speculation, I'm not completely against it because we can benefit through it but at the same time if what we want is to have a stable high price in the future we need adoption, that is what we really need and for that we need that the market of cryptocurrencies in general is managed in a more professional way, until that is the case the market is not going to reach its full potential.

but in my opinion if only ETFs were really rejected, then chances are that what could happen is that other bitcoins and altcoins only occur temporarily dumps, so recovering in crypto can still occur, maybe this is just a trick of politicians who want to enter the crypto world

Investments are more needed here I am sure, they help in development so much and current crypto market is too weak and it is necessary to support it with great investments.

I think that the most important is investment but I can't say that more adoption isn't important at all. to my mind, both play its own role and we need to take this into account

I think the main issue with Bitcoin now is its dual function it serves, Store of value and medium of exchange. I think for store of value we need ETF because it brings along more institutional investors into the space, adoption IMO, people buy something on the market and in few minutes it is moved to exchange to convert to Fiat which is not really good we need people to be comfortable holding these coins for long

If the ETF is accepted it will reinforce confidence in the market and investors who have left the market since early 2018 will return to the market. Now the rest of the market is the holders and they just want to buy everything cheap and wait for their altcoin to go to the moon. That will never happen if no one is buying and selling to push up prices.

first we need more usefulness then we need more adoption of that useful coin and finally we don't care about ETFs at all.

in other words the altcoins first need to come up with innovative ways of becoming a good currency that can be used in real world and not just stay on exchanges for pump and dump. and for that they need to give up trying to compete with bitcoin by manipulating the market  cap, block speed, block size,... they need to actually work on real features that are secure and useful at the same time.

if that happens then the adoption of them will be so much easier and with it their prices will grow up a lot faster and much easier.
who needs ETF when there is merchant adoption? look at bitcoin...

I think cryptocurrency will be adopted in near two or three years. Projects like Ripple or Stellar could become a substitution to swift and local bank payments. Bitcoin will be adopted for illegal operations for example.

Yes investments with ETF is really good and real it make you invest and have a rest of mind why because with ETF you will not lose your money and if it's been used in some project it will attract more investor's to invest like companies and industry which will make the coin raise up.

Of course, if the cryptocurrency is widely used in real life, then interest in it will increase and this will inevitably lead to the fact that the market will actively grow and develop.

More adoption is what we need at this point but if you look at it, it is a case of one leads to the other when it comes to both of these things. With etf approval, there will be more people who believe bitcoin and its applications which means more people who are willing to invest in the coins, meaning more adoption. If we were to pick one then adoption is what we need.

Both of these variants are so significant in the work with crypto. I think that investing is too needed to be done and adoption is important for the a lot of strange situations as well.

I think it should be obvious at this point that it's impossible to separate more adoption from more investment, if there is more adoption then more money is going to come into the market, and if more money is coming to the market then that means we got more adoption, so to try to separate the two and to try to determine which one is more important is a mistake.

A very good question, which probably will be answered, but it's just my opinion, I still think that now there is a lot of advertising about ETF and many people are chained to this, so if they accept it, it will give a push up. And they still have to accept, because earlier futures have already been accepted.

More adoption is more important because it would bring more regulation and more demand to cryptocurrencies and relative projects so ETF will be easy one then.

They go together but of course, more adoption.

If the ETF gets approved there will be more adoption initially but later it will be considered as an investment thing over the currency so we no need the ETF approval for the good future of crypto currency so definitely there needs to be more adoption which causes the cryptos will be used for its main reason of invention to be honest it is adopted by more and more people for investment over currency so we need to educate them what is decentralization and why we need them to have the real adoption.

The Cryptocurrencies market  will flourish and prosper ( without the need for recognition by governments or ETF) if there are two main conditions in my personal view:
First:presence of cryptocurrencies technologies  offer new solutions and services that make people's lives better and easier, that is, that technologies  become an indispensable need.

Second: This market should have the minimum legislation and regulations that guarantee people's confidence in investment and engagement without falling easily prey to scammers and fraudsters.

In my perspective we need more adoption and regulations over this space this will help reduce the FUD which comes out every now and then and crushes the market and moreover more adoption will ultimately lead to more investments.
ETF is overrated and people are making a big thing out of it. Crypto can survive and rather prosper without ETF's also.

I think that etf is what would bring more people into the market, when people can be sure that there are a lot of applications of bitcoin, then they would be more inclined to start investing in it, which would mean more adoption. We could really use way more adoption right now in the market.

It is true that we need wide adoption but what if whide adoption brings bad result or image to bitcoin. What will happen?  On the other hand if we the investors can protect the image of bitcoin. Then we await a huge investor and not those that will uae bitcoin for fraud like yahoo boys that scam people.

Adoption is the key.  The ETF actually will hurt us in the long run as it will hand the keys over to the bankers (see precious metals).  With mass adoption they will begin to lose their control.  In this early and frail state for crypto's these whales can cause much havoc as we are now seeing. 

A system that is easy to understand when many requests are rising.
And if there is little demand then the price goes down. If ETFs accept Bitcoin then lots of requests to buy and the price of Bitcoin will rise in price.

I hope that after the adoption of the ETF in the world of cryptocurrency will come a lot of investors, which will very well affect the value of the coins!

ETF will bring bitcoin big money but big money does not mean that it is good ! Tomorrow October 26, will be made I hope the final decision !

The concept of cryptocurrency was created as a digital currency, and almost everyone who knows cryptocurrency already knows that. This is only about regulation which is troubling for cryptocurrency users by the government, because cryptocurrency has fulfilled its function as a currency requirement. Only every government allows cryptocurrency to be used properly, and there is no prohibition for anyone using cryptocurrency so we don't need ETFs to make the price recover.

It is obviously that we need both, more investments and more adoptions are the factors which will boost the gloomy market now to dynamic market and growth up the cryptocurrency price a lot.

Massive investment comes with adoption. Investing massively here means you have  belief on the tech, and you ain't going to put your money in here and go to bed, but you will need to sell what you have by way of promotions, getting people involved and showing how this works. This way it is only natural that people will come flocking and flooding the space which would make the space worth investing more in! So ETFs are a major requisite for the growth of this space.

You are right, at the moment cryptocurrency is used more as a way of investment or preservation of value, but using them as a means of payment is not possible in all countries (for now). I hope the situation will improve in the future.

Well, that is what a lot of people think when it comes to mainstream adoption but at the end of the day it is all about adoption. However, there is nothing as good as seeing adoption take place based on real life usage as that is what would make the market even stronger, matured and sustainable in the long run.

ETF is just a tiny piece of that, what we should be really looking at is the possibility of good adoption and not just some ETF approval, and even though that might help a little, at the end of it all, without it and with real life usage alone, this space will grow on its own.

Both of it is very important. I think in the short term, we need more investments, because right now we are facing the problem of the lack of investors. But in the long term we need more mass adoption to bring the industry on the next level!

ETF should not be the thing we should be clamoring for as I do not see how that is really going to help in any situation. What we should be looking at basically is real life adoption, real life usage as this is what would really make the space to become a whole lot valuable, and then in such cases, we will get to see huge demand in the market. As long as we can see merchants adopting, we get to see more people coming in based on the freedom it brings when it comes to spending, then we will see growth, and even ETF without that, is nothing.

But 90% of this community is looking for approval of any ETF for triggering another bull run but you call it a tiny piece ? I guess more investments into bitcoin is more important for making bitcoin as a main stream payment process whereas that more investments may come from anywhere like ETF or from institutions, I guess that doesn't matter much.