Bitcoin price after ETF 2500$?

[AngryDwarf]

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).

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.

[Sundark]

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]

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. 

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. 

[sportis]

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]

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.

[JohnUser]

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]

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]

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..

[JohnUser]

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]

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.

[maku]

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.

[Angry_crypto]

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

[JohnUser]

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.

[lordquanta]

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?  
 

[DarkIT]

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.

[Barbut]

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.

[Seansky]

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.

[ArdiPrabowo]

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

[leowonderful]

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.

[SaShiRaJaVu]

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.