Visualizing the Bitcoin ETF from Gold ETF history

[Blackforce]

Visualizing the Bitcoin ETF from Gold ETF history.

The infographic compares GOLD ETF with Bitcoin ETF (if approved) and how ETF could impact Bitcoin. It is clear to see that there should be some pump if ETF is approved as looking at the GOLD chart history, after ETF it just skyrocketed.

Also, would appreciate if you support us and retweet this infographic from twitter

https://twitter.com/wo_crypto/status/1020186956637057024

Credit: https://t.me/whatsoncrypto

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[Blackforce]

Dear Valued Members,

As promised, we will begin the 0.05 giveaway, phase 1 Monday.

The instructions will be posted at
https://t.me/woc_giveaway.

Make sure to join and stay tuned.

Thank you,
What's On Crypto Team.

[MetaPhorse007]

Mainly BTC has good values of the market also it is now comparable with Gold form this data or graph we can see that the price of gold is increasing slowly but if we think the price of btc which is upward sloping so it is increasing very fast. 

[OneyZ]

Was expecting some of the news like this. This news increases the hopes for the crypto enthusiasts. The time is very near when BTC will be on top of everything and it will be the hotcake of the finance world. Waiting for the time to come.

[feverpitch]

Mainly BTC has good values of the market also it is now comparable with Gold form this data or graph we can see that the price of gold is increasing slowly but if we think the price of btc which is upward sloping so it is increasing very fast. 

yes I can agree with you, gold in my country were never moving so fast as Bitcoin does, And despite all those guys who tell their bitcoin is falling we can say that the price is still higher than before.

[Mandoy]

Visualizing the Bitcoin ETF from Gold ETF history.

The infographic compares GOLD ETF with Bitcoin ETF (if approved) and how ETF could impact Bitcoin. It is clear to see that there should be some pump if ETF is approved as looking at the GOLD chart history, after ETF it just skyrocketed.

Also, would appreciate if you support us and retweet this infographic from twitter

https://twitter.com/wo_crypto/status/1020186956637057024

Credit: https://t.me/whatsoncrypto

Gold and bitcoin are not the same nor similar. Gold is a physical mineral while bitcoin is digital, this means that the digital gold being traded is backed up by the physical gold. Bitcoin is not the same hence we cannot be certain that during the approval of bitcoin etf, bitcoin will really increase in value. But I guess we dont need to worry since bitcoin is already starting to move up and it will eventually hit 10k dollars by the end of July, 2018.

[SwagSpynx]

The infographic is quite informative. I think that both of the communities ETF and Bitcoin will grow. Bitcoin has been the centre of attention since its price started to rise while ETF has benefited gold before, so I think both of the parties will be benefitted.

[nasibaha20012]

Visualizing the Bitcoin ETF from Gold ETF history.

The infographic compares GOLD ETF with Bitcoin ETF (if approved) and how ETF could impact Bitcoin. It is clear to see that there should be some pump if ETF is approved as looking at the GOLD chart history, after ETF it just skyrocketed.

Also, would appreciate if you support us and retweet this infographic from twitter

https://twitter.com/wo_crypto/status/1020186956637057024

Credit: https://t.me/whatsoncrypto

Gold and bitcoin are not the same nor similar. Gold is a physical mineral while bitcoin is digital, this means that the digital gold being traded is backed up by the physical gold. Bitcoin is not the same hence we cannot be certain that during the approval of bitcoin etf, bitcoin will really increase in value. But I guess we dont need to worry since bitcoin is already starting to move up and it will eventually hit 10k dollars by the end of July, 2018.

It is not about Gold or Crypto to be the same. This chart states the behaviour of the Market which is related to Human emotion. In this case ETF. The creator of this infographic is trying to say that, both, gold and bitcoin behaved nearly similar. Atho time difference, but still, look at the 1st bubble (1st ATH), for gold it took years. For bitcoin it took just months. So what I understand is that, ETF could really impact the chart and drive the prices to the clouds and above if some shadow trading is not done behind. Nice one by the way! Love it.

[rez303]

Mainly BTC has good values of the market also it is now comparable with Gold form this data or graph we can see that the price of gold is increasing slowly but if we think the price of btc which is upward sloping so it is increasing very fast. 

yes I can agree with you, gold in my country were never moving so fast as Bitcoin does, And despite all those guys who tell their bitcoin is falling we can say that the price is still higher than before.

Not only your country but all countries in the world have a steady increase in gold prices and never rise as fast as Bitcoin. If you hear someone say Bitcoin prices are falling, then you should show him Bitcoin prices in 2009

[LeGaulois]

Still only a speculation. I don't think the percentage of chance to see Bitcoin ETF accepted is high as much people think. Even if it is accepted there is nothing sure to see the Bitcoin value behaving like how gold did.
I think there is too much hype behind the ETF decision and some people may be very disappointed at then. Better to not hope for anything instead to believe in Santa Clauss and then crying when you learn he is fake

[casternetwork]

If the ETF is accepted, I believe the price of Bitcoin will rise to $ 10,000 within a few days of approval. Everyone thinks that Bitcoin is gold, so I also think that Bitcoin ETF will look like gold ETF

[Kakmakr]

Ah, the hype cycle is in full force now. 

Just remember Gold and Bitcoin is worlds apart, even though Bitcoin is built on the Gold concept or rarity. The investors in Gold is also not the same people who would invest in a commodity with high volatility, like Bitcoin.

Gold is also a proven "Safe haven" for conservative investors, who are not looking for a high risk investment. Gold is seen as the safe option and ideal for the low risk investor.

[jeffer8035]

what I say this etf and why people do not buy directly to bitcoin if those etf are controlled by the financial market of the banks people can buy bitcoin the amount they want if intermediaries aira clear bitcoin goes up if the etf give it the same percentage which goes bitcoin to its creditors is good apparently every time the etf come out as the bitcoin rises more value but I do not know if all that money goes to the cryptocurrency market or only or take the bitcoin's name to take an action In the stock markets, bitcoin earned gold in value, as some friends say, what makes the value of gold increase is bitcoin since it has been stagnating for years the price of gold was controlled

[Vengeance007]

ETFs are known as great investments for small and large investors. These popular funds, which are similar to mutual funds but trade like stocks, have become a popular choice in market. BTC ETF is already getting very hyped up and if what you are claiming happens then it can bring revolution.

[GraingerTainMian]

ETF is already famous and highly regarded investment with a lot of functionality. If BTC ETF can live up to people's expectations and their own promises then It can go a long way as ETF.

[franky1]

infographic is not thought out well

firstly. golds preETF ATH was $24k  ATL 10k    post ETF ATH $60k  (rounded)
pre-ATH to post-ATH = 225%
ATL to post-ATH =600%

so lets take bitcoins $20k ATH X225% =$45k next ATH... not $62k
so lets use bitcoins $7500.. x 600% = $45k... not 62k


so just based on numbers.. the estimates should be for  bitcoin ~$45k not $62k.. math is simple

then what needs to be taken into account is that gold had a gold rush of "gold for cash" retailers/services.. which pushed prices. unless bitcoin is going to have loads of ATM's  of taking in bitcoin to then publish an increase in 'spot' price..  you wont see the same inpact.
gold has a more complicated multilayer mechanism of what impacts golds prices.. but unless bitcoin had th same access and more aggressive middlemen control of the spread to push the price up.. we wont see the same pattern

the info graphic did not convey any understanding on the aspects of what caused golds surge post 2003
and yet the info graphic STUPIDLY over hyped the impact of an ETF on bitcoin to somthing far more than ETF affect on gold

[saLve88]

While bitcoin and gold share many similarities, one thing that sets them apart is the numbers. The gold market is magnitudes larger than the bitcoin market. The value of all the gold that's ever been mined exceeds $8 trillion. The value of all the bitcoin that's ever been mined is $76 billion. In the coming months, bitcoin futures and options are expected to launch on regulated exchanges, opening the door to the bitcoin market for institutions and other investors that previously couldn't be involved. That could be followed by the first U.S.-listed bitcoin ETF, enabling investors to buy bitcoin from their brokerage accounts just as they would a stock. If that happens, some of the money that would otherwise be headed into gold ETFs could instead head for bitcoin ETFs.

[geminiboy]

Was expecting some of the news like this. This news increases the hopes for the crypto enthusiasts. The time is very near when BTC will be on top of everything and it will be the hotcake of the finance world. Waiting for the time to come.

it will come soon, btc there has been an increase reaction that can be believed
I am sure btc in the near future will soon reach $ 10k

[beliomir]

Undoubtedly this is great news, but after it there will not be such rapid growth as we would like)

[imteaz]

Institution ETF payment is very important, as they handle large amount of cash transfer, hence SEC is reviewing it, and most probably will come with a solution in August. If its approved than Bitcoin will rocket and go beyond the moon.