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Author Topic: Experts say BTC ETFs could launch bitcoin to 20k, 40k 60k USD  (Read 324 times)
Anait
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August 02, 2018, 11:54:29 PM
 #61

It is clear from vitalik's statement that etf and mass adoption both were must to progress big. Etf could pave path for the investment from large scale investors, and causes immediate price pumping, while the adoption in the low level common people will cause a gradual rise and this is quite strong and never required for the dependence over etf.

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yndye
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August 03, 2018, 02:44:23 AM
 #62

It is clear from vitalik's statement that etf and mass adoption both were must to progress big. Etf could pave path for the investment from large scale investors, and causes immediate price pumping, while the adoption in the low level common people will cause a gradual rise and this is quite strong and never required for the dependence over etf.

ETF would be the way to call the attention of some people and it will cause the pump then and then the price would be sustainable if those retail investors would join in. For now, it is dipping and maybe it is just getting ready for the incoming run then. We should just always plan our trades and have some target prices so that we can secure profits. We need a catalyst because some people got discourage of the previous bear market and for the people to join in again, they should see the price shoot up and get their trust again.

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cepot9
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August 03, 2018, 10:41:20 AM
 #63

it is true if ETF are approved it will make bitcoin faster to reach the top but rejected ETF may also make bitcoin back down,

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August 07, 2018, 06:55:22 AM
 #64

A lot of things can affect the market value of Bitcoin not just an ETF but it seems to be one of the most hotly anticipated or over hyped events

For example the CBOE ETF application received an unexpected amount of support from investors so the interest is definitely there

It's unlikely that an approval would have a negative impact on the price Grin

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Uyiosarugue1
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September 02, 2018, 08:44:12 PM
 #65

bitcoin etf could hoot the price of bitcoin to the moon, but we may have to wait till January before we see the first approval of any one.
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