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Author Topic: Bitcoin price after ETF 2500$?  (Read 2719 times)
CryptoHobo (OP)
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March 05, 2017, 12:49:31 PM
 #1

Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/
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cellard
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March 05, 2017, 01:05:05 PM
 #2

Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/

It is certainly possible. Consider that the ETF would mean that anyone can go to their local bank and buy the COIN shares. It doesn't matter if you are a regular blue collar worker or a wall street shark, or an huge billionaire mogul... as long as you got a bank account im sure they will be willing to buy it for you.

This means massive amounts of money coming in. The marketcap is tiny, so price can go up quickly.

If it doesn't pass, I think the dip will not be that noticeable.
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March 05, 2017, 01:10:54 PM
 #3

2500-3000$ each BTC?

Throwing around arbitrary figures won't get us anywhere.  Numbers of where Bitcoin could go after the ETF are generally based on weak speculation.  Frankly, it could go nearly anywhere.  However, maybe the ETF will result in a rise of Bitcoin but I think that people are viewing this as an event that will just instantly throw Bitcoin into the stars.  

It'll take time and time to build legitimacy.  The volatility of Bitcoin right now based on that event might even stop Bitcoin getting the ETF as it wouldn't be seen as legitimate or reliable.

AngryDwarf
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March 05, 2017, 01:14:52 PM
 #4

I think there will be a huge price spike, followed by extreme volatility, and a correction as it finds its value with all the new institutional investors money coming in. I doubt institutional investors are going to throw all their money into bitcoin, but even a small amount against bitcoins small market cap is going to have a huge affect.

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
Dudeperfect
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March 05, 2017, 01:15:36 PM
 #5

2500-3000$ each BTC?

Throwing around arbitrary figures won't get us anywhere.  Numbers of where Bitcoin could go after the ETF are generally based on weak speculation.  Frankly, it could go nearly anywhere.  However, maybe the ETF will result in a rise of Bitcoin but I think that people are viewing this as an event that will just instantly throw Bitcoin into the stars. 

It'll take time and time to build legitimacy.  The volatility of Bitcoin right now based on that event might even stop Bitcoin getting the ETF as it wouldn't be seen as legitimate or reliable.

Exactly, anything can happen and I think, any decision would be beneficial for the bitcoin in order to bring more users on the board. In case of decision in favour, there will be more eyeballs to jump in the bitcoin with some purchases and if the decision goes against then we already have thousands of 'waiters' (lolz) who are willing to buy bitcoin below the price levels of $1,000.
Juggy777
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March 05, 2017, 01:17:01 PM
 #6

Don't understand how they have really reached such a conclusion, this is kind of price rigging going on here and this is not what btc was made for, as far the etf is concerned it had yet to get the approval and for all we know this may or may not happen. It could be the work of many factors to get people in buying Bitcoin at ridiculously high prices. And the price is sheer speculations, what if the etf brings loads of restrictions on the Bitcoins. And they start cracking on exchanges, and if we buy the etf don't we loose anomoyous factor and decentralised features will it yet be active? Lots to consider.
AngryDwarf
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March 05, 2017, 01:20:07 PM
 #7

People who buy the bitcoin ETF are not buying bitcoin. They are buying a product aimed at following the price of bitcoin. The ETF will hold the bitcoin, or derivatives based on it.

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
aardvark15
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March 05, 2017, 02:06:28 PM
 #8

People who buy the bitcoin ETF are not buying bitcoin. They are buying a product aimed at following the price of bitcoin. The ETF will hold the bitcoin, or derivatives based on it.

This is true but it does increase the demand for Bitcoin as investors buy the ETF. I think we will see a price increase if the ETF is approved although most people are saying it is unlikely to be approved.
AngryDwarf
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March 05, 2017, 02:39:10 PM
 #9

I think basically how it works, is that ETF fund buys X amount of BTC holdings, puts it in cold storage, and sells X amount of ETF shares in an IPO. The fund then trades like a share in the open market.
What ties the value of the ETF to that similar to the price of BTC, is the arbitrages buying and selling the ETF shares and BTC's to maintain a parity in value.

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
iqlimasyadiqa
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March 05, 2017, 02:41:51 PM
 #10

if this all happens of course will create an economic boom is so strong. especially for those users who use it daily bitcoin. they will gain a huge advantage. they will have the opportunity to buy more goods than ordinary people.
JohnUser
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March 05, 2017, 02:49:03 PM
 #11

Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/

Warning about this post : centrabit.io jar install a malware, then try to stole your btc, i have to frozen my account but it already buy btc !!

DO NOT INSTALL IT. And please report...
1Referee
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March 05, 2017, 02:56:00 PM
 #12

Regardless of the ETF, at some point we'll reach +$2000 prices anyway. It's just a tool that will allow institutional investors to come on board to accelerate the the process of reaching such price levels. Don't forget that we also have to fight our way through this whole nonsense block size discussion drama. Once pools start signalling enough support to activate Segwit, we'll start to see a real boost in price, and then say goodbye to sub $1000 for basically a very long time.
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March 05, 2017, 03:25:25 PM
 #13

People who buy the bitcoin ETF are not buying bitcoin. They are buying a product aimed at following the price of bitcoin. The ETF will hold the bitcoin, or derivatives based on it.

but when they sell all of their shares they have to buy more bitcoin to back more shares. eventually it will have an effect on the market with coins being removed from it.
JohnUser
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March 05, 2017, 03:27:04 PM
 #14

I don't understand why hero member answer to this scam link that stole all your password and your btc !!!

whats wrong with you ??
Questat
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March 05, 2017, 03:42:51 PM
 #15

Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/

It is certainly possible. Consider that the ETF would mean that anyone can go to their local bank and buy the COIN shares. It doesn't matter if you are a regular blue collar worker or a wall street shark, or an huge billionaire mogul... as long as you got a bank account im sure they will be willing to buy it for you.

This means massive amounts of money coming in. The marketcap is tiny, so price can go up quickly.

If it doesn't pass, I think the dip will not be that noticeable.

If the ETF is passed, it is possible. Otherwise, next year.

Teraboy
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March 05, 2017, 03:46:20 PM
 #16

I don't understand why hero member answer to this scam link that stole all your password and your btc !!!

whats wrong with you ??
What are you mean about scam link? but after try to get more check it seems like the link will redirect me into the trader bot site.  Huh
Victorycoin
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March 05, 2017, 04:02:36 PM
 #17

Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/

It is certainly possible. Consider that the ETF would mean that anyone can go to their local bank and buy the COIN shares. It doesn't matter if you are a regular blue collar worker or a wall street shark, or an huge billionaire mogul... as long as you got a bank account im sure they will be willing to buy it for you.
Never heard of ETFs being for all comers, have always known it to be some investment tool for the institutions and high networth individuals, who are actually the ones to afford the cost of having to buy those shares in bulk.

Quote
This means massive amounts of money coming in. The marketcap is tiny, so price can go up quickly.
If it doesn't pass, I think the dip will not be that noticeable.

Don't forget they are not buying Bitcoin direct par se, rather it is the shares of an instrument that tracks Bitcoin that would be on sale. What ETF approval would likely do for Bitcoin is that it is going to tag a sort of endorsement for Bitcoin and then more adoption by wealthy people.
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March 05, 2017, 04:19:01 PM
 #18


I don't understand why hero member answer to this scam link that stole all your password and your btc !!!

whats wrong with you ??
What are you mean about scam link? but after try to get more check it seems like the link will redirect me into the trader bot site.  Huh

If you install "Charting and data visualization solutions for crypto markets, built in 100% pure Java" you will get a malware that will try to find your google account (for F2A) connect to your exchange, buy btc then send it to an address. It bought btc for me but can't withdraw them

So i don't understand why this link is NOT DELETE, every newbie as i did will install it then lost their btc. I have frozen my account because of this f*** java and this f*** link.


Vaccinus
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March 05, 2017, 04:45:35 PM
 #19

2500-3000$ each BTC?

Throwing around arbitrary figures won't get us anywhere.  Numbers of where Bitcoin could go after the ETF are generally based on weak speculation.  Frankly, it could go nearly anywhere.  However, maybe the ETF will result in a rise of Bitcoin but I think that people are viewing this as an event that will just instantly throw Bitcoin into the stars.  

It'll take time and time to build legitimacy.  The volatility of Bitcoin right now based on that event might even stop Bitcoin getting the ETF as it wouldn't be seen as legitimate or reliable.

yeah too much excitement that might result in disappointment, last time there was this huge news about EFT approval nothing happened to bitcoin, i know this is a bit different because they are launching it but still the news can't have that strong of an impact on the value

richardsNY
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March 05, 2017, 05:12:30 PM
 #20

2500-3000$ each BTC?

Throwing around arbitrary figures won't get us anywhere.  Numbers of where Bitcoin could go after the ETF are generally based on weak speculation.  Frankly, it could go nearly anywhere.  However, maybe the ETF will result in a rise of Bitcoin but I think that people are viewing this as an event that will just instantly throw Bitcoin into the stars.  

It'll take time and time to build legitimacy.  The volatility of Bitcoin right now based on that event might even stop Bitcoin getting the ETF as it wouldn't be seen as legitimate or reliable.

yeah too much excitement that might result in disappointment, last time there was this huge news about EFT approval nothing happened to bitcoin, i know this is a bit different because they are launching it but still the news can't have that strong of an impact on the value

I am of course hoping that the ETF will get approved, but if it doesn't, then it's no big deal for me. There is more than just this ETF that people seem to hype up. One thing is sure, everything is pure speculation. It might turn out that even when this ETF doesn't come through, the price won't give a damn. But we can't simply put aside the importance of a potential approval. It will allow professional capital to flow into the market.
AngryDwarf
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March 05, 2017, 05:37:56 PM
Last edit: March 05, 2017, 05:49:42 PM by AngryDwarf
 #21

People who buy the bitcoin ETF are not buying bitcoin. They are buying a product aimed at following the price of bitcoin. The ETF will hold the bitcoin, or derivatives based on it.

but when they sell all of their shares they have to buy more bitcoin to back more shares. eventually it will have an effect on the market with coins being removed from it.

Yes, assuming a fully BTC backed ETF (like a gold ETF backed by physical gold).

Quote
I think basically how it works, is that ETF fund buys X amount of BTC holdings, puts it in cold storage, and sells X amount of ETF shares in an IPO. The fund then trades like a share in the open market.
What ties the value of the ETF to that similar to the price of BTC, is the arbitrages buying and selling the ETF shares and BTC's to maintain a parity in value.

If they then want to sell more ETF shares, they will have to buy more BTC to back it. If people start buying up ETF shares on the open market raising its price, BTC has to be bought to increase the BTC price to match it. It's very likely a lot of derivatives are going to have to be used to try and maintain the ETF value to the underlying asset.

EDIT: If the price of BTC is $2000, and the ETF price is $3000, then the ETF can be short sold as alternative to rising the BTC price, but that doesn't come without risks either.

That probably makes the SEC nervous, as bitcoins market cap is still small and not that liquid. If it does get approved, it will probably come with a lot of conditions at the start.

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
Sundark
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March 05, 2017, 05:46:58 PM
Last edit: March 05, 2017, 07:16:06 PM by Sundark
 #22

Some users reported that there is a malware on that site Op shared. I tested the site and it is clean:
https://www.virustotal.com/en/url/d8c0449301d4a2998889f389cdc4ae5a25f65d8466bcc46f03f133d4f78946c1/analysis/1488735626/
But I didn't test the file itself. The mere fact that I need to install some app to read article is putting me off.

ETF will cause Bitcoin price to soar, but it is rather slim chance it will get approval from SEC, not this time, so why bother?
Kprawn
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March 05, 2017, 06:52:17 PM
 #23

Some users reported that there is a malware on that site Op shared. I tested the site and it is clean:
https://www.virustotal.com/en/url/d8c0449301d4a2998889f389cdc4ae5a25f65d8466bcc46f03f133d4f78946c1/analysis/1488735626/
But I didn't test the file itself. There mere fact that I need to install some app to read article is putting me off.

ETF will cause Bitcoin price to soar, but it is rather slim chance it will get approval from SEC, not this time, so why bother?

It seems to be a Java script.... has anyone else experienced this? It would be great to see them trying to lift bitcoins from my paper wallets.  Grin

I also never use the same device I browse around on the internet, to access my coins that are stored on my hardware wallet. The approval of the

ETF will push the price up, and this will attract more attention from hackers... so be careful.  Wink

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March 05, 2017, 07:51:34 PM
 #24

I read a couple of previous month articles after the ETF approval. The first was claimed that may be fresh money would come in from retirement accounts and pension funds and the second one that the price will climb at first in $1,500 and before the end of the year will cross $2,000. But of course the writer as he said he expresses his personal opinion. I like the optimistic predictions both of the journalists but I am very skeptical about the investor preferences
TrueCryptonaire
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March 05, 2017, 07:58:03 PM
 #25

I read a couple of previous month articles after the ETF approval. The first was claimed that may be fresh money would come in from retirement accounts and pension funds and the second one that the price will climb at first in $1,500 and before the end of the year will cross $2,000. But of course the writer as he said he expresses his personal opinion. I like the optimistic predictions both of the journalists but I am very skeptical about the investor preferences

With or without etf btc will reach 2000 usd this year. That's a non-brainer.
If the etf gets approved and is able to collect nice chunk of fiat the price will rise much higher than 2000 usd this year. Right now there are around 28 000 btc in the margin long positions on bitfinex and 13 000 btc in short positions at finex. That means there are around 15 000 btc more in long positions. If the etf is capable of raising 200 000 000 usd during the first week it means those long positions are eaten over 10 times at current price... However, I think the price rise is more likely than the longed coins being sold to etf at current spot.
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March 05, 2017, 10:50:52 PM
 #26

Some users reported that there is a malware on that site Op shared. I tested the site and it is clean:
https://www.virustotal.com/en/url/d8c0449301d4a2998889f389cdc4ae5a25f65d8466bcc46f03f133d4f78946c1/analysis/1488735626/
But I didn't test the file itself. The mere fact that I need to install some app to read article is putting me off.

ETF will cause Bitcoin price to soar, but it is rather slim chance it will get approval from SEC, not this time, so why bother?

The site is clean. But install this : https://github.com/darwin72/centrabit/releases/download/v3.0.1/Centrabit-v3.0.1-Windows.zip and you will understand.  (of course DON'T do it!!)
CyberKuro
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March 05, 2017, 11:29:36 PM
 #27

Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/

It is certainly possible. Consider that the ETF would mean that anyone can go to their local bank and buy the COIN shares. It doesn't matter if you are a regular blue collar worker or a wall street shark, or an huge billionaire mogul... as long as you got a bank account im sure they will be willing to buy it for you.

This means massive amounts of money coming in. The marketcap is tiny, so price can go up quickly.

If it doesn't pass, I think the dip will not be that noticeable.
Yes, if SEC approve ETF which investors could see it as good opportunity to invest on bitcoin, it will be.
But, I hope stable increases than fast climb up and then fall down again. For them (investors) a regulation and legitimacy from SEC is a big deal as huge amount of money involved, so the increase is inevitable.
crairezx20
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March 05, 2017, 11:40:49 PM
 #28

Some users reported that there is a malware on that site Op shared. I tested the site and it is clean:
https://www.virustotal.com/en/url/d8c0449301d4a2998889f389cdc4ae5a25f65d8466bcc46f03f133d4f78946c1/analysis/1488735626/
But I didn't test the file itself. The mere fact that I need to install some app to read article is putting me off.

ETF will cause Bitcoin price to soar, but it is rather slim chance it will get approval from SEC, not this time, so why bother?

The site is clean. But install this : https://github.com/darwin72/centrabit/releases/download/v3.0.1/Centrabit-v3.0.1-Windows.zip and you will understand.  (of course DON'T do it!!)
Why? do you have any proof that the file from the link given is scam or there is any script that can still our bitcoins?
Looks like its an analysis tool but members here are still keep posting but they really not checking the link first before posting here..
Lets wait for more people to see about this link and test.. and better to install this on aws instances or vps.. so that you will be safe..
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March 05, 2017, 11:55:09 PM
 #29

it install realtekhd.exe (and many others if forget). Then it look if you have exchange, gmail account, if it can login then it will stole your btc or buy them as it did for me then try to send them to 1MJwmM3r5HgzJPxj2deGbb7ydSFS8geq7a (in my case).

Yes i know i should not have install it,i have trust "hero member" i will never ever do this mistake again. Anyway i will sell btc after my account back when price will be enough not to loose anything.

I just say it for others readers.  Ip that login into my exchange (bitstamp) was 46.166.165.19... http://cryptmarketcap.com/
fearlesscat10
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March 06, 2017, 02:39:10 AM
 #30

Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/

It is certainly possible. Consider that the ETF would mean that anyone can go to their local bank and buy the COIN shares. It doesn't matter if you are a regular blue collar worker or a wall street shark, or an huge billionaire mogul... as long as you got a bank account im sure they will be willing to buy it for you.

This means massive amounts of money coming in. The marketcap is tiny, so price can go up quickly.

Yes.

If it doesn't pass, I think the dip will not be that noticeable.

No.


I'd have to disagree that the dip won't be noticeable. The people who believe that the ETF will be approved have adjusted their trading accordingly. They think bitcoin will go to the moon after ETF approval, so right now they're hoarding and getting ready for the spike. If that doesn't happen, there is a high chance that those people will sell the bitcoin they hoarded because they'll think that getting to the moon will take a lot longer.

IMO the dip could possibly go down to $700 or $800, but probably not any lower than that. If anything, it'll probably go to $900 at least.

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March 06, 2017, 02:49:10 AM
 #31

IMO the dip could possibly go down to $700 or $800, but probably not any lower than that. If anything, it'll probably go to $900 at least.
Why do you even think it will be that much? It is not like we are expecting ETF to be accepted. We generally know it will be almost miracle if SEC will say 'yes'.

There is less than 25% chance, according to trading analysts, that COIN ETF will be accepted. So we shouldn't be disappointed at all = negative effect on the price should be minimal.
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March 06, 2017, 01:18:48 PM
 #32

Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/
This is cryptohobo someone hacked my account
Do Not trust this post do not follow the link do not download anything or run any software from there
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March 06, 2017, 02:22:46 PM
 #33

Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/
This is cryptohobo someone hacked my account
Do Not trust this post do not follow the link do not download anything or run any software from there

It's now 2 days i try to say it.. i saw all his post were about this scam link

Good luck to recovery your account... and good look for those who have install the script and lost their btc.
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March 06, 2017, 02:31:17 PM
Last edit: March 06, 2017, 03:03:34 PM by lordquanta
 #34

Hello i saw on centrabit app, they wrote article about the ETF.. we will see 2500-3000$ each BTC?
check out here:
http://www.centrabit.io/
This is cryptohobo someone hacked my account
Do Not trust this post do not follow the link do not download anything or run any software from there
I hope you have reported this to the moderator. What was response from the moderators?  
 
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March 06, 2017, 06:23:51 PM
 #35

let's hope that it will happen. I think the price of bitcoin will be really high after this. but, if the bitcoin prices rising so fast, likely to be a panic selling, and make bitcoin prices fell back. but probably will not go down in a very low price.

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March 07, 2017, 03:14:31 AM
 #36

let's hope that it will happen. I think the price of bitcoin will be really high after this. but, if the bitcoin prices rising so fast, likely to be a panic selling, and make bitcoin prices fell back. but probably will not go down in a very low price.

Let's hope for this to happen, you are right about that, with 2500 $ for 1 btc I doubt in panic selling. That is the same like now, many people mention panic selling but price is stable on +1200$.
Judging by comments here on forum I noticed that many of us are surprised with bitcoin price.  I think bitcoin exceeded our expectations. I'm optimistic more then ever, let's wait and see in next few weeks what will bring this ETF approval.



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March 07, 2017, 02:03:21 PM
 #37

Im hoping for this to happen but maybe 2500$ after ETF was too high to aim even for speculation. In my opinion it will only rise to between 1300$-1500$ not 2500$ since it would take a lot of fiat to make bitcoin go up to that amount. It was possible though but it would be hard considering that the corporations and more people don't really trust bitcoin yet. It would take time for that to happen.
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March 07, 2017, 10:15:51 PM
 #38

I think is although ETF aprove bitcoin
bitcoin price still can't incraese to reach 2500 dollar in fast time, i think bitcoin price only incraese until reach to 1500 dollar
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March 07, 2017, 11:56:46 PM
 #39

Im hoping for this to happen but maybe 2500$ after ETF was too high to aim even for speculation. In my opinion it will only rise to between 1300$-1500$ not 2500$ since it would take a lot of fiat to make bitcoin go up to that amount. It was possible though but it would be hard considering that the corporations and more people don't really trust bitcoin yet. It would take time for that to happen.
1300 is a bit low IMO as the ETF would probably create a larger temporary price spike. 1350 seems realistic to me after a few hours of the ETF being approved. Of course it's going to take a lot of fiat to get it up there but the demand will be there as well after the ETF. We've seen price spikes with even the smallest events and chances are this one will get us at least above 1350.
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March 08, 2017, 12:01:07 AM
 #40

I think is although ETF aprove bitcoin
bitcoin price still can't incraese to reach 2500 dollar in fast time, i think bitcoin price only incraese until reach to 1500 dollar
If you are aware of the magnitude of the change that will happen if ETF is approved you wont be thinking twice about this, the reality of the fact is it is highly unlikely that it will be accepted but if it is accepted or get through by default by march 11th then we would see a price range above $2500 without a doubt as it is expected we could see over hundred millions being invested into bitcoin in the first week itself.
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March 08, 2017, 12:59:03 AM
 #41

Generally, bitcoin enthusiast sites predict $3000/BTC.
ETF analyst sites predict $2000/BTC.

So $2500 is in the middle Smiley

Although I am not in the markets are rational camp since traders act on irrational exuberance. It could be a very bumpy ride with only one direction to go (think 2013 bubble).

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March 08, 2017, 03:36:04 AM
 #42

Generally, bitcoin enthusiast sites predict $3000/BTC.
ETF analyst sites predict $2000/BTC.

So $2500 is in the middle Smiley

Although I am not in the markets are rational camp since traders act on irrational exuberance. It could be a very bumpy ride with only one direction to go (think 2013 bubble).
it seems like a lot of the parties are feeling optimistic about the bitcoin etf approval, but i guess it can be the boomerang for all of the parties if the SEC try give the delay for bitcoin etf (2013).
But $2000 - $3000 range is irrational for me. $1300 - $2000 is better decimal for the future price of bitcoin if SEC try to approve it.

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March 08, 2017, 10:10:42 AM
 #43

Generally, bitcoin enthusiast sites predict $3000/BTC.
ETF analyst sites predict $2000/BTC.

So $2500 is in the middle Smiley

Although I am not in the markets are rational camp since traders act on irrational exuberance. It could be a very bumpy ride with only one direction to go (think 2013 bubble).
it seems like a lot of the parties are feeling optimistic about the bitcoin etf approval, but i guess it can be the boomerang for all of the parties if the SEC try give the delay for bitcoin etf (2013).
But $2000 - $3000 range is irrational for me. $1300 - $2000 is better decimal for the future price of bitcoin if SEC try to approve it.


well we can't blame them to speculate large numbers from it since possbilities are still in their althoug its impossible to occur for now, but their is the world call miracle and Maybe it will occur when ETF is approved and truly nobody knows what would be happen since their is no single person can point out an accurate figure when that approval happens.

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March 08, 2017, 01:27:49 PM
 #44

Its possible that the bitcoin price would reach $2500 at the end of the year if ETF gets approved. Imagine money is flooding into the bitcoin market. And it looks like the chance of it being approve has improve in the last few weeks so lets just hope for the best. However, I have a feeling that a lot of speculators are pumping the the bitcoin right now, and "might" pull their investment at the end of the week, just to make sure that their investment is protected in Bitcoin ETF is not approved. Anyone of you bailing out?








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March 08, 2017, 01:31:28 PM
 #45

2500-3000$ each BTC?

Throwing around arbitrary figures won't get us anywhere.  Numbers of where Bitcoin could go after the ETF are generally based on weak speculation.  Frankly, it could go nearly anywhere.  

If tons of new big time players enter the market it could get silly for a while. Hopefully just doubling the price over the next year would be a more true organic growth rate. But yeah why not up to 10k and back to 2k, who knows.

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March 08, 2017, 02:55:31 PM
 #46

When will this ETF thing happen?
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March 08, 2017, 03:15:00 PM
 #47

March 13 , monday.
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March 08, 2017, 03:27:36 PM
 #48

Generally, bitcoin enthusiast sites predict $3000/BTC.
ETF analyst sites predict $2000/BTC.

So $2500 is in the middle Smiley

Although I am not in the markets are rational camp since traders act on irrational exuberance. It could be a very bumpy ride with only one direction to go (think 2013 bubble).
it seems like a lot of the parties are feeling optimistic about the bitcoin etf approval, but i guess it can be the boomerang for all of the parties if the SEC try give the delay for bitcoin etf (2013).
But $2000 - $3000 range is irrational for me. $1300 - $2000 is better decimal for the future price of bitcoin if SEC try to approve it.


well we can't blame them to speculate large numbers from it since possbilities are still in their althoug its impossible to occur for now, but their is the world call miracle and Maybe it will occur when ETF is approved and truly nobody knows what would be happen since their is no single person can point out an accurate figure when that approval happens.
No miracle will happen since saying the price of bitcoin would double on a short period of time isnt attainable because of this upcoming news. Its too unrealistic to consider,not being to negative but its not just ideal to put some speculation that are too high and yet we dont still have no idea on whats ahead.

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March 08, 2017, 04:24:24 PM
 #49

probably bitcoin prices will be between $ 2,000 - $ 3,000. Well, I believe in this prediction. I might save bitcoin I get like squirrels store food before winter. This will be good when the price of bitcoin rose to higher in the near future.
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March 08, 2017, 05:02:40 PM
 #50

Generally, bitcoin enthusiast sites predict $3000/BTC.
ETF analyst sites predict $2000/BTC.

So $2500 is in the middle Smiley

Although I am not in the markets are rational camp since traders act on irrational exuberance. It could be a very bumpy ride with only one direction to go (think 2013 bubble).

how we are going to $2500 when we are retreating already, sry but i can't believe these crazy spike, at best $1500 is a more realistic value for me, some are saying that it might actually going back to $1000, i'm preparing for a pull off in this market with this condition

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March 08, 2017, 05:47:34 PM
 #51

probably bitcoin prices will be between $ 2,000 - $ 3,000. Well, I believe in this prediction. I might save bitcoin I get like squirrels store food before winter. This will be good when the price of bitcoin rose to higher in the near future.
As always with BTC. I will rather believe in 50% crash after ETF won't be approved that in 100% price gain after ETF acceptance.
That is how Bitcoin market always worked, negative news were always exaggerated while positive effects were short lived and had less impact that expected.
I would love to see ETF making a difference here, but maybe it is for the better that we won't have it just now? At least until scaling problems will be resolved.
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March 08, 2017, 06:49:22 PM
 #52

The ETF has very low possibility to be approved at all. The Winklevoss themselves state that it has just 25% chance of approval. Their own firm dumped a lot of Bitcoin right now since it has appreciated quite a bit. They do expect Bitcoin to do well going into the future but it will be a slow growth towards $2000 maybe over a couple years or more.

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March 08, 2017, 06:54:29 PM
 #53

Lol no. $1300-1500 is more like it. People are waaaaaaayyyyyyy too optimistic about price rises. There won't be any new investors when the ETF goes through, they'll trickle in slowly. So I would just hang on for a steady rise rather than big spikes.
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