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Title: Bitcoin Without ETF Post by: Ains_sama on August 11, 2018, 12:31:38 AM NOTE : Questions from LAYMEN.
bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Title: Re: Bitcoin Without ETF Post by: krishnapramod on August 11, 2018, 01:02:54 AM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Tried, tested, blamed, still for a decade Bitcoin is going good (antifragile). Like the futures, ETF would be a much better opportunity for the rich bags with fiat to get into bitcoin. It would further establish Bitcoin as a mainstream financial asset when it's a peer-to-peer censorship resistant currency. You did saw the hype futures brought in December. Something like that would happen have if SEC approves Bitcoin ETF, but temporary/artificial, maybe again some FOMOs would get burned. Bottom line, why a decentralized network worry about its survival if a centralized proposal is approved or not. Title: Re: Bitcoin Without ETF Post by: KS03 on August 11, 2018, 01:09:00 AM I feel like all the ETF talk is very recent. It feels like a rouse to me. Bitcoin was just fine and now without the ETF were done for? Makes no sense. Makes get the sneaking suspicion I should be investing heavily because this feels bunk.
Title: Re: Bitcoin Without ETF Post by: Ains_sama on August 11, 2018, 02:22:27 AM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Tried, tested, blamed, still for a decade Bitcoin is going good (antifragile). Like the futures, ETF would be a much better opportunity for the rich bags with fiat to get into bitcoin. It would further establish Bitcoin as a mainstream financial asset when it's a peer-to-peer censorship resistant currency. You did saw the hype futures brought in December. Something like that would happen have if SEC approves Bitcoin ETF, but temporary/artificial, maybe again some FOMOs would get burned. Bottom line, why a decentralized network worry about its survival if a centralized proposal is approved or not. Title: Re: Bitcoin Without ETF Post by: gpamfmcq on August 11, 2018, 02:26:41 AM The ETF will certainly endorse the Bitcoin proposal, which is the development trend of the encryption industry, and we need not worry too much about ETF.
Title: Re: Bitcoin Without ETF Post by: Mundo12 on August 11, 2018, 02:30:24 AM NOTE : Questions from LAYMEN. I think differently. I see the ETF as a shark's way to dive and gather lots of Bitcoins. Nothing can stop Bitcoin prices in the future and this is just a small step backwardsbitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Title: Re: Bitcoin Without ETF Post by: Stratlaunch on August 11, 2018, 02:35:40 AM The money now is different than the money a year ago. People care about mainstream adoption and whether or not the ETF will pass or not. I think the market is very speculative right now, so the news of an ETF just feeds into that. Will it pass or not? I have no idea.
Title: Re: Bitcoin Without ETF Post by: vossybiglady on August 11, 2018, 02:38:01 AM I think 2 years from now no one will care one way or another about the ETF decision and all the drama it has caused. People are fearful right now and the ETF decision seems to have put them over the edge.
Title: Re: Bitcoin Without ETF Post by: uramadahan on August 11, 2018, 02:52:22 AM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Tried, tested, blamed, still for a decade Bitcoin is going good (antifragile). Like the futures, ETF would be a much better opportunity for the rich bags with fiat to get into bitcoin. It would further establish Bitcoin as a mainstream financial asset when it's a peer-to-peer censorship resistant currency. You did saw the hype futures brought in December. Something like that would happen have if SEC approves Bitcoin ETF, but temporary/artificial, maybe again some FOMOs would get burned. Bottom line, why a decentralized network worry about its survival if a centralized proposal is approved or not. Totally!!!ETF won't hurt it.It will only be beneficial for Bitcoin, especially for the rich bags with fiat to get into it like you said! Title: Re: Bitcoin Without ETF Post by: Roberttran on August 11, 2018, 02:56:51 AM NOTE : Questions from LAYMEN. I think differently. I see the ETF as a shark's way to dive and gather lots of Bitcoins. Nothing can stop Bitcoin prices in the future and this is just a small step backwardsbitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Title: Re: Bitcoin Without ETF Post by: anil_saini01 on August 11, 2018, 02:57:39 AM For bitcoin to rise again, its must that ETF test should be passed by it. The investors confidence is on a shaky ground right now and it requires an acceptance like ETF to bring back the investors confidence.
Title: Re: Bitcoin Without ETF Post by: bayu7adi on August 11, 2018, 03:22:38 AM ETFs have only a few supplements that will increase the price of BTC
actually, the price of BTC will explode in 2021, where everyone will not be able to mining BTC again, and the total supply for BTC will be truly limited the only way to get BTC is by buying it Title: Re: Bitcoin Without ETF Post by: pooya87 on August 11, 2018, 03:36:22 AM ETF is not as good as people think it is simply because it centralizes things for investors. when someone invests in ETF they are not buying bitcoin really. what they are buying is a promise because they are not holding real bitcoins in their own wallets with them holding the private keys.
in the end ETF will only be a hype and even if it is approved it will only be used by certain people who may eventually end up buying bitcoin itself and dumping ETF. Title: Re: Bitcoin Without ETF Post by: jseverson on August 11, 2018, 03:50:08 AM Bitcoin does not need an ETF. It won't affect Bitcoin's utility to any extent whatsoever, in fact. The reason people are clamoring for it is because it represents money going into the market, which in turn may lead to better adoption. Bitcoin's been stuck in a bear market for a while now so people are looking for something to jump start another bull run. Considering its recent surge to 8k amidst ETF speculation, it certainly looks like an approval could strongly contribute towards that end.
Not having an ETF wouldn't mean the end of the world though. I see it more as a way to accelerate growth more than anything else. We'll have to rely on organic growth instead, which may be much better for the community in the long run. Title: Re: Bitcoin Without ETF Post by: Pursuer on August 11, 2018, 05:49:03 AM bitcoin without ETF would have been worth about $9000 now since that was the trend before the ETF news started coming out and based on previous recoveries that we had we could have been testing the $10k resistance as we speak. but the ETF news disturbed all that and created a temporary state in the market where the uncertainty is dominant among investors which is why the current drop is happening and why everyone has been waiting around for it to conclude before jumping back in and start buying back again.
Title: Re: Bitcoin Without ETF Post by: Ains_sama on August 11, 2018, 10:54:04 PM The ETF will certainly endorse the Bitcoin proposal, which is the development trend of the encryption industry, and we need not worry too much about ETF. yes, I'm thinking of that position. when the bitcoin proposal is approved by the ETF. everything will be very good and prices bounce back. but I'm thinking in another direction. what if the ETF rejects the bitcoin proposal. whether it is the end of bitcoin or bitcoin is still fine. even being very good?Title: Re: Bitcoin Without ETF Post by: Ains_sama on August 11, 2018, 11:04:18 PM ETF is not as good as people think it is simply because it centralizes things for investors. when someone invests in ETF they are not buying bitcoin really. what they are buying is a promise because they are not holding real bitcoins in their own wallets with them holding the private keys. so actually ETF is not a barrier for Bitcoin as the best digital asset. although several times the ETF and SEC scenarios disrupt bitcoin and make prices very unstable. so some bitcoin holders are very afraid that it isn't approved. even I myself have that fear.in the end ETF will only be a hype and even if it is approved it will only be used by certain people who may eventually end up buying bitcoin itself and dumping ETF. Title: Re: Bitcoin Without ETF Post by: pooya87 on August 12, 2018, 03:30:09 AM ETF is not as good as people think it is simply because it centralizes things for investors. when someone invests in ETF they are not buying bitcoin really. what they are buying is a promise because they are not holding real bitcoins in their own wallets with them holding the private keys. so actually ETF is not a barrier for Bitcoin as the best digital asset. although several times the ETF and SEC scenarios disrupt bitcoin and make prices very unstable. so some bitcoin holders are very afraid that it isn't approved. even I myself have that fear.in the end ETF will only be a hype and even if it is approved it will only be used by certain people who may eventually end up buying bitcoin itself and dumping ETF. part of that fear is rational if you are a trader because ETF is a news that traders are watching and then acting based on which way it goes. so if it goes in the way they want they would speculate a rise and start buying so price can go up and if it doesn't they would speculate a drop and start selling. so as a trader you want to keep your eyes on the news and the price to make the most profit in this short term swing. but if you are an investors or ... then you should not even care about this because it is a short term drama with a short term and small effects, specially the negative effects will be short and small and will go away soon enough after the date. Title: Re: Bitcoin Without ETF Post by: cherryscarlett on August 12, 2018, 03:50:10 AM I think if the ETF doesn't go through, then the short term is bad news for bitcoin, then there could be a big move in the price.
Yet for bitcoin's long run, it has had no impact. :P Title: Re: Bitcoin Without ETF Post by: xcajun21 on August 12, 2018, 03:57:57 AM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Tried, tested, blamed, still for a decade Bitcoin is going good (antifragile). Like the futures, ETF would be a much better opportunity for the rich bags with fiat to get into bitcoin. It would further establish Bitcoin as a mainstream financial asset when it's a peer-to-peer censorship resistant currency. You did saw the hype futures brought in December. Something like that would happen have if SEC approves Bitcoin ETF, but temporary/artificial, maybe again some FOMOs would get burned. Bottom line, why a decentralized network worry about its survival if a centralized proposal is approved or not. In 10 years from now, probably bitcoin would still stand. If there is cash, there is business, and these attract new fintech implementations in various industries. Literally if bitcoin was the lider between currencies, because of the technology, nothing would stop new frontiers to be reached, as ETF and so. Title: Re: Bitcoin Without ETF Post by: r1s2g3 on August 12, 2018, 04:01:50 AM Bitcoin ETF does not appeal to me.
Bitcoin ETF (https://www.investopedia.com/terms/e/etf.asp) is currently in news as SEC recently rejected Winklevoss twin Bitcoin ETF (https://www.coindesk.com/winklevoss-brothers-bitcoin-etf-rejected-by-sec-for-second-time/) and fate of 9 others ETF will be decided in next 2 month (https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/). Whatever the SEC decide on it in future will be interesting to follow. It will be worth nothing that Bitcoin ETF will be treating Bitcoin as an asset not as a currency. As per fundamental of ETF , Bitcoin ETF will simply means that Bitcoin will be locked as an asset and ETF will be traded in exchange. Why Bitcoin ETF should not make appeal to the Bitcoin community. 1. Treating currency as an asset to trade in exchange. 2. For ETF, Bitcoin need to kept secured, means ETF will remove that amount of Bitcoin to be available for active transaction. 3. Bitcoin can be easily purchased and sold so it is not that Bitcoin ETF is making bitcoin more available to masses. 4. ETF do not gurantee that it will solve the Bitcoin price volatility problem. 5. ETF might give rise to "HODL" mentality that is not good for Bitcoin. (I will explain it sometime later.) ETF will help Institutional Investors or other organization to invest in Bitcoin but Bitcoin is meant for P2P transaction and Satoshi did not created it to be used as Investment product. Title: Re: Bitcoin Without ETF Post by: donhill on August 13, 2018, 09:20:03 PM ETF is a important part which is attached with BTC and without ETF Btc will feel some trouble. But hope BTC will be more popular and sustainable with ETF.
Title: Re: Bitcoin Without ETF Post by: voltagecrypto on August 13, 2018, 10:28:56 PM BTC is made without regulations we know, is't full decentralized & controling everyone who has btc. in my opinion ETF is a rule that must be passed btc. so, btc fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF.
Title: Re: Bitcoin Without ETF Post by: jojohamasa on August 13, 2018, 10:45:18 PM I think the ETF story was blown up
No doubt it's a decision that has a big impact But I strongly believe that Bitcoin is much bigger than that. Title: Re: Bitcoin Without ETF Post by: delegend on August 13, 2018, 10:54:36 PM Bitcoin has been a fantastic project ,considering it's repositioning of the global commerce.ETF will quickly endorse bitcoin in order to sustain the excellent of bitcoin.
Title: Re: Bitcoin Without ETF Post by: Menced1937 on August 14, 2018, 09:53:14 AM I think ETF is unnecessery. People like and love to use bitcoin for their flexibility. ETF just decrease it, nothing else. Bitcoin will grow without ETF.
Title: Re: Bitcoin Without ETF Post by: Menced1937 on August 14, 2018, 12:27:08 PM ETF will only be beneficial for Bitcoin. It won’t cause any harm. It doesn’t affect the utility of BTC at all. So basically ETF is not a barrier for BTC. BTC can go good without ETF too!
Title: Re: Bitcoin Without ETF Post by: Gururapyco on August 14, 2018, 12:28:28 PM The fact if ETF will happen for Bitcoin or not will not change the future of the technology behind it.
Title: Re: Bitcoin Without ETF Post by: PG13 on August 14, 2018, 12:51:39 PM ETF is a important part which is attached with BTC and without ETF Btc will feel some trouble. But hope BTC will be more popular and sustainable with ETF. I think bitcoin will still survive and rise again even if without the ETF as bitcoin already exist and got the attention of the people without ETF. For me, this will just create hype on the bitcoin which is not necessary. Is it coincidence that the price of bitcoin fall down the bottom while waiting for the approval of ETF? or maybe this is just a manipulation. Title: Re: Bitcoin Without ETF Post by: Hishoutt on August 14, 2018, 01:56:42 PM The answer is no, Bitcoin won't face any such consequences due to the approval of ETF. It is true that Bitcoin ETF will be more centralized than what we have experienced from BTC so far. But, that would be only beneficial for BTC in the long run since ETF will be backed up by BTC and it due to its centralized nature, big investors will be interest in BTC because there will be no chance of facing scams our unfair activities.
Title: Re: Bitcoin Without ETF Post by: hualy2 on August 14, 2018, 02:40:15 PM The biggest value of Bitcoin is the consensus from human beings. Just like gold, everyone recognizes its existence, then it has value! Even if the ETF did not pass the review, I think Bitcoin can still survive!
Title: Re: Bitcoin Without ETF Post by: greenvally on August 14, 2018, 02:45:10 PM ETF will be help BTC to increase it’s price and in future approximately on 2021 there will be happen a explode with BTC and there will only option to buy BTC that’s is Buy BTC.
Title: Re: Bitcoin Without ETF Post by: crazybtclover on August 14, 2018, 02:49:07 PM Bitcoins having the dominance more than 50% without the ETF approval proves that BTC stands whether its ETF gets approval or not. But that is true, if ETF gets approval, BTC will get a positive hype causing 70% of dominance over the market. That will make BTC higher in price than the present it has.
Title: Re: Bitcoin Without ETF Post by: spadormie on August 14, 2018, 02:50:44 PM Bitcoin will not die with/without ETF. The reason of the fall was the massive panic selling of people. It's so hard to think of that bitcoin fell because of the rejection of ETF proposal and because of panic sell, it got worse.
Title: Re: Bitcoin Without ETF Post by: RodeoX on August 14, 2018, 02:52:13 PM A bitcoin ETF is a crap investment anyway. Why would crap be needed for bitcoin to do well?
Title: Re: Bitcoin Without ETF Post by: CryptoGosu on August 14, 2018, 03:49:27 PM I think Bitcoin ETF is not needed yet. I think adoption of cryptocurrency is more important than creating a new financial instrument.
Title: Re: Bitcoin Without ETF Post by: goodman4hire on August 14, 2018, 03:52:00 PM IF you let the ETF boys in that will ruin Bitcoin not the other way around. It will cause a significant ramp in prices though which I assume is why most are here. Just make sure to cash out soon as they will tighten the ship.
Title: Re: Bitcoin Without ETF Post by: Tykeim Carson on August 14, 2018, 05:51:05 PM ETF cannot cause any harm to Bitcoin rather it will be backed by Bitcoin. Though it is not related with the growth of Bitcoin in any possible way but the hype circulating around the approval of Bitcoin ETF might cause another synthetic rise to the price which would later face consolidation again.
Title: Re: Bitcoin Without ETF Post by: cetald on August 14, 2018, 05:52:50 PM I think that bitcoin will grow even without ETF. But positive news on ETF can be a driver of growth now. Otherwise, you need to wait for other favorable news.
Title: Re: Bitcoin Without ETF Post by: Sutters Mill on August 14, 2018, 06:14:44 PM Without the ETF, the price of BTC would have been a lot, $10,000 at least. But the recent news about the ETF has done a lot of damage to BTC sadly. Let's see what lies ahead now. *Source needed*. You can't blame everything on the ETF. The ETF isn't the be all and end all of bitcoin and bitcoin is bigger than that, but maybe people shouldn't get excited about something that may never come. Besides, even if it does ever get the go ahead I don't think it will be that huge. Sure, people will get excited about it and the price will rally but it'll probably come crashing back down again once the excitement is over. Title: Re: Bitcoin Without ETF Post by: darkangel11 on August 14, 2018, 07:31:53 PM Without the ETF, the price of BTC would have been a lot, $10,000 at least. But the recent news about the ETF has done a lot of damage to BTC sadly. Let's see what lies ahead now. I believe you're right here. The decision to postpone ETF approval came right when BTC was at the turning point, close to the 200 day EMA. THat decision basically discouraged people from buying. As a result BTC got rejected from the bearish resistance and started falling what panic sellers used to dump everything and take us back to where we are. Without the news about ETFs we wouldn't have the recent rally, but we wouldn't have the crash either. It's better not to have a rally at all than a failed one. Title: Re: Bitcoin Without ETF Post by: Roidz92 on August 15, 2018, 05:54:27 AM ETF is just a surplus. Bitcoin doesn't need ETF approvation, but surely if it happens, we could see something never happened before in terms of price, speculations and gains.
last year's gains would be nothing compared to next years if btc etf will be approved. Said that, we will see gains also without etf. Title: Re: Bitcoin Without ETF Post by: Kakmakr on August 15, 2018, 06:24:54 AM In my opinion Bitcoin ETFs will just increase volatility. Now, you have hedge fund managers dumping large amounts of fiat or even coins onto the Bitcoin market and this will cause bigger spikes and dips. Many people and merchants wants lower volatility, without having to use payment processors to use bitcoins for payment and higher volatility will destroy the use case for a payment network.
You cannot buy something directly with Bitcoin and wait 10 minutes for a confirmation and then have a drop in price of 10% in that 10 minute confirmation period. ::) Title: Re: Bitcoin Without ETF Post by: Sutters Mill on August 15, 2018, 11:36:35 AM In my opinion Bitcoin ETFs will just increase volatility. Now, you have hedge fund managers dumping large amounts of fiat or even coins onto the Bitcoin market and this will cause bigger spikes and dips. Many people and merchants wants lower volatility, without having to use payment processors to use bitcoins for payment and higher volatility will destroy the use case for a payment network. You cannot buy something directly with Bitcoin and wait 10 minutes for a confirmation and then have a drop in price of 10% in that 10 minute confirmation period. ::) Bitcoin will probably never be stable so forget about that. Something tells me it's only one type of volatility you don't like and probably don't mind when the value rises? This is how bitcoin was designed to be and your money should gain value over time, but due to the nature of supply and demand this means bitcoin is currently going to go up and down with the markets. I'd look at bitcoin more like having stocks in a company or as a digital version of gold and as such your investment will rise and fall with the performance of the company or 'digital gold' markets.. Title: Re: Bitcoin Without ETF Post by: cahbagus555 on August 15, 2018, 12:05:08 PM ETF is good for cryptocurrency market. Not only for bitcoin, but altcoin will following if ETF approved. ETF can bring trillions dollar money to crypto market and it wil boost the price. WIthout ETF, cryptocurrency market can survive but its much better if ETF approved by regulator
Title: Re: Bitcoin Without ETF Post by: BitcoinGuruOne on August 15, 2018, 12:08:07 PM What rule? What are you talking about, ETF is a financial instrument which makes it easier for masses to invest in various financial assets.
Bitcoin ETF will be approved sooner or later. But i belive that we should not give it such big attention since other things are inmportant as adoption , updates and tech. BEsides oter things could induce new BTC bull besides ETF. Title: Re: Bitcoin Without ETF Post by: annaso on August 15, 2018, 12:12:07 PM While bitcoin believers awaits the new September appointment by SEC in making a decision on the ETF , investors and other bitcoin users will continue to ponder on both the long- and short-term effects that may arise. No matter the outcome, the increase in awareness and interest in bitcoin is becoming more certain. Also, with the various development across the entire bitcoin and blockchain ecosystem, improved robustness and industrial stability is becoming more obvious.
Title: Re: Bitcoin Without ETF Post by: jzale on August 15, 2018, 12:24:09 PM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Let's all go back when the ETF proposals were not presented yet. Bitcoin was doing great as is. Bitcoin has stood many critics for many years already and is still being hone to overcome new obstacles. Bitcoin doesn't really need the ETF. The ETF proposals ignited a commotion in the cryptocurrency community as if it is badly needed. Yes, ETF will do Bitcoin better and will produce new speculations and increase in price. Though this has caused the community to depend on ETF for Bitcoin to actually go on, which is really bad. Title: Re: Bitcoin Without ETF Post by: Betty10 on August 15, 2018, 12:42:09 PM Although the ETF proposal will help the value of bitcoin to go higher if approved. But lets stop and think about the fact that bictoin has performed well even before the talks of ETF proposal. Bitcoin without ETF will remain strong.
Title: Re: Bitcoin Without ETF Post by: BrewMaster on August 15, 2018, 01:00:22 PM Without the ETF, the price of BTC would have been a lot, $10,000 at least. But the recent news about the ETF has done a lot of damage to BTC sadly. Let's see what lies ahead now. *Source needed*. You can't blame everything on the ETF. The ETF isn't the be all and end all of bitcoin and bitcoin is bigger than that, but maybe people shouldn't get excited about something that may never come. Besides, even if it does ever get the go ahead I don't think it will be that huge. Sure, people will get excited about it and the price will rally but it'll probably come crashing back down again once the excitement is over. it is a speculation and speculation doesn't have a *source* ;) i don't know why he says it but i also have this speculation and i am not blaming ETF, i am blaming the market for reacting irrationally to a news that is not even relevant to or effective on bitcoin. people started building it up in their heads and as SEC rejected one ETF they panic sold and right now the market is waiting on their decision to start moving in a certain direction based on it. why should this be? do people really think ETF controls the future of bitcoin? once the "excitement" is over we can go back to normal market where price rises back up. Title: Re: Bitcoin Without ETF Post by: Ricky.Libertarian on August 15, 2018, 01:36:08 PM It's only a matter of time.
ETF would have been a boost, but if you look at emerging countries facing inflation (and sometimes hyperinflation), people are turning to cryptocurrencies to protect their savings. This will be beneficial to bitcoin price on the middle and long term. Title: Re: Bitcoin Without ETF Post by: Sutters Mill on August 15, 2018, 01:38:58 PM Without the ETF, the price of BTC would have been a lot, $10,000 at least. But the recent news about the ETF has done a lot of damage to BTC sadly. Let's see what lies ahead now. *Source needed*. You can't blame everything on the ETF. The ETF isn't the be all and end all of bitcoin and bitcoin is bigger than that, but maybe people shouldn't get excited about something that may never come. Besides, even if it does ever get the go ahead I don't think it will be that huge. Sure, people will get excited about it and the price will rally but it'll probably come crashing back down again once the excitement is over. it is a speculation and speculation doesn't have a *source* ;) i don't know why he says it but i also have this speculation and i am not blaming ETF, i am blaming the market for reacting irrationally to a news that is not even relevant to or effective on bitcoin. people started building it up in their heads and as SEC rejected one ETF they panic sold and right now the market is waiting on their decision to start moving in a certain direction based on it. why should this be? do people really think ETF controls the future of bitcoin? once the "excitement" is over we can go back to normal market where price rises back up. If it's speculation then people shouldn't speak so matter of factly. There's no way anyone can say it will have been x amount by a mere decision. And the market always acts irrationally. That's just want the bitcoin market has become. Any good or bad news is taken too seriously and people either get too excited or too panicky and act accordingly. Title: Re: Bitcoin Without ETF Post by: muslol67 on August 15, 2018, 01:48:59 PM ETF expectation affected the price of Bitcoin positively. The delays made everything very bad. My guess is that if the ETF is rejected, the market can be shaken too badly. Everybody, take precautions accordingly.
Title: Re: Bitcoin Without ETF Post by: kamBlanV on August 15, 2018, 02:03:10 PM in my opinion, the bitcoin ETF is part of an important point that can affect the bitcoin fluctuations for the better.
Bitcoin ETF has good value to improve the bearish market situation. Title: Re: Bitcoin Without ETF Post by: Ayoofe on August 15, 2018, 02:25:18 PM ETF interfering in the BTC world is recognition and it will help the price but BTC without ETF seems to be crypto without world power recognition.
Title: Re: Bitcoin Without ETF Post by: Ucy on August 15, 2018, 03:11:16 PM Bitcoin was grown by the community. It will continue to be grown and developed by the community.
ETF and Bitcoin not compatible at all. It was a bit strange trying to convince government and corporations to adopt Bitcoin. Bitcoin is meant to be Peer to Peer. We could encourage p2p businesses if the large businesses and government deny us access to their Markets Title: Re: Bitcoin Without ETF Post by: FlexBrah on August 15, 2018, 04:54:25 PM If sec is rejected in September ETF, then most likely the whole market will lose tens billions dollars of capitalization and unfortunately we will see new lows this year.
Title: Re: Bitcoin Without ETF Post by: Sutters Mill on August 15, 2018, 05:29:53 PM If sec is rejected in September ETF, then most likely the whole market will lose tens billions dollars of capitalization and unfortunately we will see new lows this year. And this is probably what will happen as I can't see them accepting it. Hopefully bitcoin will have climbed back up a bit naturally since then so it has a bit of a buffer as a bit of a safety net for whenever it does fall. Title: Re: Bitcoin Without ETF Post by: Victorik on August 15, 2018, 05:34:56 PM Bitcoin has existed when non gave it a credence, now that it has gained momentum and popularity, and have seen massive support with billions of dollars been invested in it, either ETF gets approve or not, bitcoin will stay strong and move on. But forces are going to push on till ETF get onboard.
Title: Re: Bitcoin Without ETF Post by: Nexigen on August 15, 2018, 08:28:34 PM I believe that the trade in bitcoins will be approved by the SEC. Large whales deliberately postponed the decision to get huge profits from this. Cryptocurrencies will certainly be our future. They understand it and make a profit, buying bitcoins cheaply.
Title: Re: Bitcoin Without ETF Post by: bellamente on August 15, 2018, 08:38:02 PM Bitcoin has existed since 2009 for 9 years and no ETF is needed.
ETF is a regular fact for speculation. They are frightened by investors who sell bitcoin all cheaper and cheaper Title: Re: Bitcoin Without ETF Post by: Sutters Mill on August 15, 2018, 08:53:55 PM Bitcoin has existed since 2009 for 9 years and no ETF is needed. Nobody is saying bitcoin will cease to exist without the ETF, but without good news or things to get excited about bitcoin will stagnate or fall in value like it did on the mere decision to postpone the announcement. What do you think will happen to bitcoin if they come out and flat out deny it? It isn't going to be good. Title: Re: Bitcoin Without ETF Post by: Coin-1 on August 15, 2018, 09:05:00 PM Bitcoin has existed since 2009 for 9 years and no ETF is needed. Nobody is saying bitcoin will cease to exist without the ETF, but without good news or things to get excited about bitcoin will stagnate or fall in value like it did on the mere decision to postpone the announcement. What do you think will happen to bitcoin if they come out and flat out deny it? It isn't going to be good. Do you suppose that the price of Bitcoin will fall if the ETF will be rejected by the SEC this September? It seems that almost all the altcoins has been already exchanged to Bitcoin, but BTC is still on the levels of $6200. I guess that the investors will try to keep the capitalization of Bitcoin above 100 billion US dollars in order to BTC looks respectable for ETF approving. Title: Re: Bitcoin Without ETF Post by: royalcrypt on August 16, 2018, 06:28:53 AM I think there is a massive lack of education around cryptocurrency to the general population and accessibility is a huge hindrance on adoption so I wish that the Crypto community would focus more on adoption than on Futures & ETF looking to go moon overnight.
Title: Re: Bitcoin Without ETF Post by: pawanjain on August 16, 2018, 06:43:27 AM Bitcoin is not gonna fail or die no matter ETF is approved or not. ETF has come to the crypto world recently and has created a buzz but even when ETF was not around BTC was successfully gaining new peaks. So do not worry about the ETF and wait for the bottoms and peaks to make your trades and get profits in the long term and if you are a short term trader then look for crypto news and plan your trades accordingly as market behaves on news around the world.
Title: Re: Bitcoin Without ETF Post by: Joecooper85 on August 16, 2018, 06:48:50 AM The proposed Bitcoin ETF fund will result in the actual purchase and sale of Bitcoin. This means that anyone with a brokerage account will be able to buy and sell Bitcoin indirectly through the ETF. It will have a big impact on supply and demand, and then on price.
Title: Re: Bitcoin Without ETF Post by: Fionagreen on August 16, 2018, 07:17:41 AM Some ETFs including the SolidX Bitcoin ETF is still being considered by the SEC. If the SolidX development team is able to gather information about the failure of the Winklevoss ETF Bitcoin and use them as an advantage for approval, the Bitcoin industry may soon see the launch of a Bitcoin ETF.
Title: Re: Bitcoin Without ETF Post by: CrazyHarpy on August 16, 2018, 11:00:21 PM Bitcoin was doing good when ETF wasn’t there. Still it manages to rule the cryptocurrency world. I will bitcoin will do good without or with ETF approval. Lets see what happens.
Title: Re: Bitcoin Without ETF Post by: Kocret02 on August 16, 2018, 11:09:11 PM NOTE : Questions from LAYMEN. bitcoin will still live without etf, it will not be easy to kill bitcoin in any case. so I think etf will approve bitcoin or not it doesn't have a big effect on bitcoin because bitcoin will continue to run.bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Title: Re: Bitcoin Without ETF Post by: Cybora9 on August 16, 2018, 11:26:33 PM The declaration of SEC will create an impact on bitcoin. If negative thing happens it will hamper the growth of bitcoin. But i think bitcoin will recover it within a short time.
Title: Re: Bitcoin Without ETF Post by: GhostWithin on August 17, 2018, 05:02:02 AM NOTE : Questions from LAYMEN. bitcoin will still live without etf, it will not be easy to kill bitcoin in any case. so I think etf will approve bitcoin or not it doesn't have a big effect on bitcoin because bitcoin will continue to run.bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. I thought that ETF would increase bitcoin's rate by 1.5-2 times, as it will open the way for big money. last year, the growth was provided by housewives (I exaggerate, ordinary people). Now they have lost confidence in it and to restore it necessary to start a new Bull Run. But this requires money :) ETF will just give only a push Title: Re: Bitcoin Without ETF Post by: SyrulRamadhan on August 17, 2018, 05:55:12 AM i think not die, but in my opinion it would really make the price fall very deep maybe up to $ 2000 it would really be bad news if indeed the ETF proposal was rejected
Title: Re: Bitcoin Without ETF Post by: coinages on August 17, 2018, 10:30:31 AM Bitcoin has come too far without the ETF. So i don't think it will stop without the approval. Maybe bitcoin will pass some bad times without the ETF approval. But it will come around.
Title: Re: Bitcoin Without ETF Post by: NervousWolf on August 17, 2018, 12:04:48 PM I think there is nothing wrong with ETF. That is my personal opinion. BTC ETF acts as driving force in some ways to make the market price up. So it is clear that ETF has it’s impact on btc.
Title: Re: Bitcoin Without ETF Post by: angelakrasnova on August 17, 2018, 12:44:44 PM bitcoin and the whole world community is waiting for September, when they will meet and make a positive decision! if there is a positive decision in favor of the crypto market, I think after that it will be possible to wait for new price records for bitcoins! all other countries are also watching the decision of ETF!
Title: Re: Bitcoin Without ETF Post by: nostrings on August 17, 2018, 12:49:02 PM Bitcoin reached 20k last year without an ETF. All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people.
Title: Re: Bitcoin Without ETF Post by: Johnyz on August 17, 2018, 12:55:21 PM Bitcoin reached 20k last year without an ETF. All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people. I’m about to say this, we survive the past trials without this thing so called ETF. I think bitcoin can still survive because we already made a good run without this. We are really backed by people and of course the technology of bitcoin that make this market different. Wether ETF approved or not, i believe this market will continue to grow. Title: Re: Bitcoin Without ETF Post by: Kenneth_Bianchi on August 17, 2018, 12:56:30 PM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Tried, tested, blamed, still for a decade Bitcoin is going good (antifragile). Like the futures, ETF would be a much better opportunity for the rich bags with fiat to get into bitcoin. It would further establish Bitcoin as a mainstream financial asset when it's a peer-to-peer censorship resistant currency. You did saw the hype futures brought in December. Something like that would happen have if SEC approves Bitcoin ETF, but temporary/artificial, maybe again some FOMOs would get burned. Bottom line, why a decentralized network worry about its survival if a centralized proposal is approved or not. Exactly, it makes no bloody difference whether there is an ETF, EFT, or FTE. The only thing that matters is that bitcoin has shown that it is robust against all of these difficulties and has a valid concept that holds up. There doesn't need to be institutional investment, although it can help for a short term boost. It would be nice to have a little pump up again, but it will still continue to gain in value regardless. There's too much obsession with these investing tools. It's better just to observe bitcoin for what it is and use it to the best of its ability without interference from centralized investment schemes. Title: Re: Bitcoin Without ETF Post by: Jackolantern on August 17, 2018, 12:57:14 PM I think that btc and eth are powerful both. to my mind, it is better to use btc than the ether because its price is higher and you will be able to sell it at a higher price later this year or the next year
Title: Re: Bitcoin Without ETF Post by: Sutters Mill on August 17, 2018, 01:09:28 PM Bitcoin reached 20k last year without an ETF. All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people. But then it collapsed due to nothing, and it likely only kept rising due to manipulation, or at the very least all the FOMO from new investors.The market is fickle, but the ETF will at least temporarily cause some excitement and a flurry of new money coming in and that's what we could do with right now even if it's only short lived. Title: Re: Bitcoin Without ETF Post by: MirzaofDaska on August 17, 2018, 01:14:41 PM Right now if you want to buy Bitcoins, you mostly have to buy Bitcoins. Presumably a lot of people who want to buy Bitcoins want to buy Bitcoins, but a lot of people don’t. If the ETF is big and popular, then market makers will arbitrage it, and it will drive demand, and Bitcoin will be harder to manipulate just because there will be more volume coming from real economic demand.
Title: Re: Bitcoin Without ETF Post by: akosipepot on August 17, 2018, 01:14:55 PM Bitcoin reached 20k last year without an ETF. All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people. But then it collapsed due to nothing, and it likely only kept rising due to manipulation, or at the very least all the FOMO from new investors.The market is fickle, but the ETF will at least temporarily cause some excitement and a flurry of new money coming in and that's what we could do with right now even if it's only short lived. I agree with you, that even though BTC has done fine, having ETF support will massively improve the current market situation. Title: Re: Bitcoin Without ETF Post by: LinkinPrak852 on August 17, 2018, 08:50:29 PM if bitcoin do not get ETF approval it does not affect in bitcoin price because bitcoin are more popular and useable in the world. it is not major for bitcoin price because bitcoin are made by advance blockchain technology.
Title: Re: Bitcoin Without ETF Post by: easycoin995 on August 17, 2018, 09:21:54 PM Bitcoin do not get ETF it is not responsible to decrease price. because bitcoin are more secure and potential, it is more popular and profitable. people are interest to invest here. ETF is role nothing else.
Title: Re: Bitcoin Without ETF Post by: cryptolovers990 on August 17, 2018, 10:00:45 PM ETF it a role but bitcoin is trusted and reliable in crypto market. If bitcoin do not get approval ETF than it does not effect to decrease price or investment in bitcoin. people have more faith and they should increase their investment.
Title: Re: Bitcoin Without ETF Post by: privedvelosiped on August 17, 2018, 10:25:52 PM I believe that bitcoin can exist without ETFs, for example, if they make a system of vouchers or prepaid cards. For example, you buy a card in the store with a face value of $ 100 go to your wallet and at the exchange rate at the moment you converted the amount into a cryptomonet at the rate of $ 100 / for example Ethereum costs $ 300 , and you have replenished by 100, then you will have 0.33 coins ETH/
Title: Re: Bitcoin Without ETF Post by: DesiHunterrrr on August 18, 2018, 07:55:25 AM I agree bitcoin without the ETF also have a strong lead by the investors so ETF regulations not necessarily important I believe in bitcoin
Title: Re: Bitcoin Without ETF Post by: BlackCat3 on August 18, 2018, 08:22:52 AM As I know this EFT is certainly endorse in the bitcoin proposal. Encryption industry develop the trend of this industry. So think worry no more, it’s not a matter of concern.
Title: Re: Bitcoin Without ETF Post by: talkbitcoin on August 18, 2018, 08:45:24 AM this question is so silly in my opinion because practically people who are asking it are forgetting that for more than 9 years bitcoin has existed and grown without ETF or anything like it. not to mention that bitcoin is designed to be a currency not an investment so Exchange Trading Funds is a silly notion for it to begin with.
Title: Re: Bitcoin Without ETF Post by: johnethearn on August 18, 2018, 10:58:21 AM SEC suspend BTC ETF till sept and it effects bad in BTC and hope in future SEC will approve BTC ETF and that’s will effect good on BTC in future.
Title: Re: Bitcoin Without ETF Post by: iv4n on August 18, 2018, 11:17:19 AM Can you people understand that bitcoin is bitcoin with or without SEC. They can`t change bitcoin, they can regulate bitcoin, they just making ground for using bitcoin in US. I`m from Serbia, South Europe, so what SEC and their approval have with me? It can affect the price of bitcoin, they can boost usage in US, that will affect the demand. US bitcoin companies will be able to operate legally, they will spread bitcoin businesses, that`s all good, but for US citizens mostly, for all others raised demand is good because that can push price up. As one of the advanced countries with huge economy, adopting bitcoin can be great for all bitcoin owners, and I`m sure they will adopt it sooner or later, if not this year next one for sure.
Title: Re: Bitcoin Without ETF Post by: Kenneth_Bianchi on August 19, 2018, 05:42:45 AM Bitcoin reached 20k last year without an ETF. All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people. But then it collapsed due to nothing, and it likely only kept rising due to manipulation, or at the very least all the FOMO from new investors.The market is fickle, but the ETF will at least temporarily cause some excitement and a flurry of new money coming in and that's what we could do with right now even if it's only short lived. That's got to be from the futures contracts. As soon as they introduced those, half the investing world took short positions on the coin. And then it started to falter... I think that all of these investment tools are just going to cause more headaches for bitcoin users. Especially if they want to start using a fractional reserve system and start borrowing against the coin for commerce. Bitcoin needs to have a decentralized system of exchange, and all of these other things are not going to help to keep that decentralization. Title: Re: Bitcoin Without ETF Post by: Msworld83 on August 19, 2018, 05:50:09 AM Bitcoin will always prevail even without ETF because it has shown it standard that it can live and get stronger in almost a decade without any regularise party or mainstream issue and will surely getting better day by day as many adopting it ,so I don't think ETF issue should bother us in trading our Bitcoin.
Title: Re: Bitcoin Without ETF Post by: Cryptoville247 on August 19, 2018, 05:53:53 AM NOTE : Questions from LAYMEN. Bitcoin will still exist even without ETF. People should not be scared of the ETF approval. Although, approving the ETF will be a very great thing. But without it, life goes on with Bitcoin.bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Title: Re: Bitcoin Without ETF Post by: mdripon on August 19, 2018, 06:32:00 AM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. I agree with you, because it is like adopting all the currencies. But in the last few years, the price of bittacquena increased without the approval of ETF and market changes have been achieved. I think it's a loss for ETF. Title: Re: Bitcoin Without ETF Post by: Sandus_Cryptolover on August 19, 2018, 06:38:02 AM I feel the whole essence of ETF is to drag the price Bitcoin down so that the dons (investors with lots of cash) would get in at cheap rate and later sell off when the price goes up. Before the whole ETF and SEC situation, hasn't Bitcoin survived and done well in the Cryproworld? So I see nothing really special about the ETF and SEC regulations of a thing.
Title: Re: Bitcoin Without ETF Post by: godlike123 on August 19, 2018, 06:41:27 AM NOTE : Questions from LAYMEN. Nope bitcoin will going to grow more with the ETF implementation. This is the only way that crypto market will going to work well if of course there will be no corruption activities that will going to happen. If ETF will be implemented this will boost the investors and haters as well to invest in bitcoin and other cryptocurrency. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Title: Re: Bitcoin Without ETF Post by: jojohamasa on August 20, 2018, 10:56:30 PM ETF station is important in the history of bitcoin
Must pass without compromising financial freedom Bitcoin will pass many stations in its history Until it reaches full adoption. Title: Re: Bitcoin Without ETF Post by: wnfakind on August 20, 2018, 11:36:57 PM Everyone seem's to be relying on the ETF and so forth. Bitcoin reached it's high even before ETF was being discussed.. It is not necessary as this defeats the purpose. The value is already there and it's being used regardless of what a government says about it and for the states to be the deciding factor.. they can shove it up their ass. The people give it value and the people have spoken.
Title: Re: Bitcoin Without ETF Post by: ronnis.gomes on August 20, 2018, 11:39:14 PM The approval of ETFs for bitcoin is an important step towards the adoption of this investment by institutional and qualified investors
Title: Re: Bitcoin Without ETF Post by: Shiro21 on August 20, 2018, 11:50:21 PM I think that without SEC recognition by the SEC regulator, bitcoin will continue to grow.
Moreover, the important reason the SEC does not accept Bitcoin ETFs is that the bitcoin market does not have the structural protection and controls needed to support ETF products. This is feared by the SEC because with the increasing population of bitcoin and the legitimacy of ETF, bitcoin hackers will emerge. Title: Re: Bitcoin Without ETF Post by: pitiflin on August 20, 2018, 11:50:56 PM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Tried, tested, blamed, still for a decade Bitcoin is going good (antifragile). Like the futures, ETF would be a much better opportunity for the rich bags with fiat to get into bitcoin. It would further establish Bitcoin as a mainstream financial asset when it's a peer-to-peer censorship resistant currency. You did saw the hype futures brought in December. Something like that would happen have if SEC approves Bitcoin ETF, but temporary/artificial, maybe again some FOMOs would get burned. Bottom line, why a decentralized network worry about its survival if a centralized proposal is approved or not. A decentralized network should actually worry about it, when come a situation where the entire network and its purpose could come crashing down. That centralized proposal is more than just a proposal, if you think people will be done with jeopardising bitcoin after an ETF gets approved, oh boy does the community need to know a lot of shit. The US congress openly admitted that they are scared of bitcoin and that bitcoin could take over USD. Now why would they think the strongest currency in the world could be taken down by some cheap ass( ::)) internet coin? Read this: https://hadeplatform.com/articles/2018/07/19/congressional-hearings-reveal-hurdles-to-bitcoin-btc-adoption Title: Re: Bitcoin Without ETF Post by: dimastegar on August 20, 2018, 11:58:34 PM Of course Bitcoin does not require ETF. However, ETF will be useful later if the SEC allows proposals for ETF to submit. And I think there will be many big parties coming in if the SEC really approves Bitcoin.
Title: Re: Bitcoin Without ETF Post by: stellaekun on August 20, 2018, 11:59:25 PM we have always had bitcoin without ETF and I personally believe that ETF may have some undesirable effect on bitcoin such as taking it away from the reach of the poor. Bitcoin will full be a tool in the hands of the super rich and they have a way of turning things solely in their favour
Title: Re: Bitcoin Without ETF Post by: setialovers on August 21, 2018, 12:47:46 AM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Bitcoin dont need ETF. ETF is good for bitcoin but i think its not everything for bitcoin. Bitcoin already work without ETF and growing without ETF. Indeed ETF will bring billions dollar to market but i think crypto should not depending on ETF Title: Re: Bitcoin Without ETF Post by: coldplay3r30 on August 21, 2018, 01:54:35 AM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. I think if ETFs don't approve and even ban bitcoin, it can cause a shock to the world economy, especially the world of crypto currency trading, I think ETFs are well aware of the consequences, therefore ETF decisions are always delayed and even back out of schedule, maybe looking for the best steps , or take the best policy without causing problems in the future. Title: Re: Bitcoin Without ETF Post by: buivanquan22 on August 21, 2018, 02:01:05 AM NOTE : Questions from LAYMEN. I think Bitcoin works well without ETFs. Simple ETF is the way the SEC wants Bitcoin to comply to be recognized and managed. They will adopt it in late Septemberbitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. Title: Re: Bitcoin Without ETF Post by: Shubhamgill33 on August 21, 2018, 02:45:55 AM ETF approval is not necessary for bitcoin survival. Its just that people has tied it up to a potential bull rally and will dump btc if it does not get approved.
Title: Re: Bitcoin Without ETF Post by: Neved1975 on August 21, 2018, 03:13:36 AM Bitcoin has existed while non gave it a credence, now that it has received momentum and recognition, and have visible massive support with billions of bucks been invested in it, both ETF gets approve or not, bitcoin will stay sturdy and pass on. but forces are going to push on until ETF get onboard.
Title: Re: Bitcoin Without ETF Post by: A Feeder on September 28, 2018, 04:00:50 PM The ETF without bitcoin is not good, because ETF will approved the bitcoin proposal because of that everything will be alright and in the good condition. ETF had a big impact in bitcoin when they will not agree to the proposal bitcoin holders are very afraid that it isn't approved so I hope that bitcoin will approved every proposal.
Title: Re: Bitcoin Without ETF Post by: conceivedspoon2 on September 28, 2018, 05:39:48 PM The pricing of bitcoin around the world is quite threatening to the fiat or local currencies of many nations. So, ETF or no ETF is just to cajole the whole process. Bitcoin and other altcoins trades more than the fiat currencies around the world. Bitcoin is not a child's play, real men and businesses work on this platform and its more securing and assuring.
Title: Re: Bitcoin Without ETF Post by: paramelton on September 29, 2018, 06:00:11 PM I have only one question. As you know last year bitcoin was able to reach almost $20000 without any ETF. So what has changed? Why do people think now only ETF approval can support the price rise?
Title: Re: Bitcoin Without ETF Post by: mazdafunsun on September 29, 2018, 06:35:16 PM It seems that ETF FUD has finally being to fade.
I belive that there is n ot much volue in ETF , the only thing that it would do would make a new wave of FUD and psuh the price up aldo it is unlikely that we will see BTC ETF approved soon because of the reasoning of first rejections , that being BTC price manipulation untill BTC exchnage process wont be regualted more strictly globally,there will be no ETF. Title: Re: Bitcoin Without ETF Post by: adefirman98 on September 29, 2018, 07:11:14 PM SEC's failure to approve Bitcoin ETF may prove to be more beneficial for Bitcoin. Cryptocurrency has gained the trust of many people, regardless of whether they are part of the Bitcoin community or not. This will help Bitcoin to expand the community and emerge stronger than before. Finally, it will also affect regulatory agencies in approving the use of Bitcoin like other currencies.
Title: Re: Bitcoin Without ETF Post by: Spring_Butin on October 02, 2018, 04:35:25 AM I see nothing really special about the ETF and the SEC regulating one thing. Must pass without affecting financial freedom until it is fully applied.
Title: Re: Bitcoin Without ETF Post by: btc78 on October 02, 2018, 05:07:21 AM NOTE : Questions from LAYMEN. bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF. After how many times of denials from ETF board so what for the bitcoins? I am also not into ETF instead i wanted this to be stopped so we can move on and forget about thies expectations,since this only made the market breaks as many are converting their altcoins tl bitcoin for the chance of gaining good after approval Title: Re: Bitcoin Without ETF Post by: 131tc01n on October 02, 2018, 05:11:46 AM I don't think bitcoin will fail just because the ETF does not accept the proposal. So far bitcoin has grown rapidly without depending on the ETF, and see other currencies shaded by ETFs, is their growth as good as bitcoin? so bitcoin has proven that he can grow on his own and people believe in bitcoin without ETFs
bitcoin dies without etf it's just speculation of irresponsible people who just want to drop bitcoin Title: Re: Bitcoin Without ETF Post by: Richarrego on October 06, 2018, 01:49:50 AM Bitcoin hit a high even before the ETF was discussed. The value was there and it is being used regardless what a government says about it and for the states to be the decisive factor .. they can shove it. up their ass. The approval of ETFs for bitcoin is an important step towards accepting this investment by qualified and institutional investors. Furthermore, the important reason that the SEC does not accept Bitcoin ETFs is the bitcoin market does not have the structural and control protection needed to support ETF products. Of course, Bitcoins do not require ETFs. And I think there will be more parties involved if the SEC actually approves Bitcoin. Bitcoin will be a complete tool in the hands of super-rich people and they have a way to turn things just for their benefit.
Title: Re: Bitcoin Without ETF Post by: Chuksbrownj on October 06, 2018, 02:04:33 AM I think ETF debate has been one of the things that has prevented price from rallying this year, wants to drag us back into the "Trust Government" mess.
Title: Re: Bitcoin Without ETF Post by: noisybit on October 06, 2018, 05:21:43 AM I think that if bitcoin without ETF might be a bad impact on bitcoin itself because ETFs are the most important part that has been integrated into bitcoin and hope that bitcoin will be even more popular if there is an ETF
Title: Re: Bitcoin Without ETF Post by: yurekaa on October 06, 2018, 05:46:37 AM In my opinion. bitcoin will remain and continue to grow even without ETFs. ETF is the latest innovation with the aim of giving options to investors so that more variety of assets can be traded. so, ETF will not affect bitcoin because bitcoin has existed for a long time in the stock market and has been able to survive until now.
Title: Re: Bitcoin Without ETF Post by: shoreno on October 06, 2018, 06:25:52 AM bitcoin will still be bitcoin with or without etf . if you are worrying about the price , then worry no more .the price isnt only dependent on the etf or any other organizations because the price of bitcoin and any other cryptos are only based on the people , most especially from the whales because whales are more powerful than any other average joe .
speaking of etf , why this issue hasnt been resovled yet ? if im not mistaken its been already a year ever since i first see an etf disccusion but until now , people are still debating about it. hmmm ??? Title: Re: Bitcoin Without ETF Post by: fuer44 on October 06, 2018, 06:36:05 AM in a state of bitcoin market that is down, without the bitcoin ETF it will be difficult to reach the highest price. Because of what? the price of bitcoin which is now included in the expensive category, and added to the market down, and there is no guarantee that it will rise in the near or long time, so that people will hesitate. with the existence of ETFs, people can invest in bitcoin with these facilities that allow them to get loans on the bitcoin exchange.
Title: Re: Bitcoin Without ETF Post by: Teawhalee on October 06, 2018, 06:49:35 AM i can only say that a disapproval from ETF will only shake bitcoin and cryptocurrency generally because its going to create a very strong FUD which will make people to panic sell. but after a while, it will pick up gradually as this might take a while.
Title: Re: Bitcoin Without ETF Post by: Pasaway2701 on October 06, 2018, 06:59:26 AM In my opinion. bitcoin will remain and continue to grow even without ETFs. ETF is the latest innovation with the aim of giving options to investors so that more variety of assets can be traded. so, ETF will not affect bitcoin because bitcoin has existed for a long time in the stock market and has been able to survive until now. I agree. Without anything bitcoin survive for existence and developing well. Also not only ETF is the competitor of bitcoin now but many more in the market. Many things to compare but still bitcoin will remain on its place where it be. ETF could not affect bitcoin because it stand without ETF for a long time in the market. You should not be affect for not having ETF, mind the most potential coin.Title: Re: Bitcoin Without ETF Post by: zuziekatee on October 06, 2018, 07:21:41 AM One of the question i keep asking is that where was ETF when bitcoin was created and emerging ? Now it now seems everything depends on ETF final say. such is life. Bitcoin will be made with or without ETF .
Title: Re: Bitcoin Without ETF Post by: kiemponxs on October 06, 2018, 07:24:49 AM bitcoin will not die with received ETFs or not, which causes Bitcoin to fall now due to massive sales, because investors panic and sell their assets for fear of rejection of ETF will make bitcoin increasingly fall and die, so investors panic and large-scale sales making bitcoin now fall is not due to rejection of ETF.
Title: Re: Bitcoin Without ETF Post by: Stedsm on October 17, 2021, 07:59:32 PM Exchange traded funds (ETFs) will open a wide range of investment opportunities directly into Bitcoin without the need to actually hold it, just like in futures. So, SEC's decision is obviously going to affect rich guys' hopes about an ETF being approved or not, but we, the small investors must not worry or even think about it. And FYI, always remember this - Buy the tumors, sell the facts. Even if ETF gets approved, mark it that BTC will fall before rising to a new ATH just to wipe out paper hands.
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