Wallflower28
Member
 Offline
Activity: 378
Merit: 11
|
 |
August 14, 2018, 01:29:08 PM |
|
If we're talking about the effect of Bitcoin ETF on Bitcoin prices, I think we 'need' Bitcoin ETF to create a positive sentiment, just like the previous CBOE Futures. Bitcoin ETF news is so central right now to create market sentiment, even dozens of positive news like blockchain adoption and others don't push Bitcoin price. It's pretty weird, it seems like whatever happens in the US decide the future of Bitcoin prices.
Therefore, this is what market needs today. As of now, there are many negative news explode in the cryptocurrency. And those negative news havd impact to the price of bitcoin and ethereum. As of now, bitcoin have only 6K and ethereum fluctuates around 280 usd. There are many reasons behind the dump but ETF affect them much. |
|
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
Wind_FURY
Legendary
Offline
Activity: 2912
Merit: 1825
|
|
August 15, 2018, 07:00:45 AM |
|
I wish more people asked this question the day that ETF hype began last year for the first time. by then we all were blinded by the hype and the rise because were thinking about profit, this year the same thing happened and we were blinded once more.
people were also happy about futures but they ended up hating that soon enough as the prices started going down and they saw behind the curtain. ETF is not exactly the same but it will get the same kind of people involved and they don't care about bitcoin, they want fiat. The only "Bitcoiners" who want an ETF is the part of the community that's usually new or the people who only care about price and profits. We cannot blame them because, in my opinion, they do not have a deeper understanding of what Bitcoin is yet. if people were thinking more about how pointless an ETF is for a decentralized and global currency then we might not have had the past 2 month's volatility.
Maybe. We would never know. |
| .SHUFFLE.COM.. | ███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████ | ███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████ | .
...Next Generation Crypto Casino... |
|
|
|
RakknRoll
Member
Offline
Activity: 336
Merit: 10
|
|
August 17, 2018, 05:25:03 PM |
|
Exchange-traded fund is just like a trading business in cryptocurrency, I think yea because we can obtained a gain or loss in this process where in all earnings we get can be considered as profit.
|
|
|
|
|
|
SamDummy
|
|
August 17, 2018, 05:43:39 PM |
|
What is happening with the Bitcoin exchange-traded funds (ETFs)? Why might they be a bad idea for decentralisation, consensus, and even the price? A billion-dollar "not your keys, not your bitcoin" opportunity for non-technical institutional investors. (Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.) https://youtu.be/KSv0J4bfBCc |
|
|
|
|
|
Reid
|
|
August 17, 2018, 06:44:20 PM |
|
What Bitcoin had achieved right now was on its own and without ETF. Certainly it can go on forever along with the altcoins without ETF. The government however is making their move to make some changes because of the illegal activities in relation to BTC now that it's known and they learned its unstoppable. No ETF approval or With ETF approval crypto is just going to be doing fine. But for the security in investing into crypto, there has to be regulations which includes the ETF approval.
This is the real answer I am looking for from reading top to bottom. We as supporters of bitcoin have seen a lot of ups and down and including cents and zero. That is without ETF. One question though. Have you ever seen one posts here of satoshi talking about an ETF? How about the whitepaper? NONE!!!! This ETF thing may be the cue into taking bitcoin back to 3 digit price or maybe a 2 digit and so on and on until it is dust again. Somehow they will see that if bitcoin can do it then why not the other coins? There will be more to pick from investors until we are all divided. Argh!! Just hard to explain but I have some own predictions with this. It could be the nightmare that we have been waiting for if it is passed. Why not just let it be decentralized just like how satoshi created it. After this is passed then be ready for KYC's. |
|
|
|
|
Slow death
Legendary
Offline
Activity: 3010
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
|
|
August 17, 2018, 07:14:35 PM |
|
do we even need the Bitcoin ETF. We are in need of more demand and it seems to me that ETFs can bring more exposure to bitcoin and consequently create greater demand, just to see the reaction of the market when the SEC postponed its decision to realize that people are giving much importance to the ETF, that there is Bakkt, but this is something for November and the EFT are closer to being approved or disapproved. I think we need ETFs. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Daniel9140
Jr. Member
Offline
Activity: 252
Merit: 1
|
|
August 19, 2018, 02:30:29 PM |
|
In my own opinion, we do not really need bitcoin ETF but the issue is that, many traders think that when ETF is approved, this would bring a new wave of investors to invest into bitcoin and this would likely give more confidence for investors in the market to invest more
|
|
|
|
|
|
ecnalubma
|
|
August 19, 2018, 04:19:48 PM |
|
I think we need ETF to bring in more money and boost investors confidence over Bitcoin. Big investors need protection in the space so I think it is essential. I’m very optimistic that once they are approved it can be a catalyst fir this years bull run.
|
|
|
|
|
Sean25pogi
Member
Offline
Activity: 364
Merit: 11
|
|
August 19, 2018, 08:04:08 PM |
|
yes we need it because it can give a huge help for all of us most especially in our community. Income is necessary which the main purpose why do many people invest in this platform.
|
|
|
|
|
|
abstractednerve
|
|
August 19, 2018, 08:15:41 PM |
|
In 2017 we did not need the ETF but the market was up and the bitcoin reached 19,000$ after. So I think we really do not need the ETF, but if the ETF is approved then it is a very good condition for the market to go up stronger.
|
| | .$martFund. | | |
▄▄▀▀▀▄▄
▄▀ ▀▄
█▀▄▄ ▄▄▀█ ▄▄▀▀▀▄▄
█ ▀█▀ █ ▄▀ ▀▄
▀▄ █ ▄█▄ █▀▄▄ ▄▄▀█
▀▀▄█▄▀▀ ▀▀▄█ ▀█▀ █
█▄ ▄█▄ █ ▄█▄
█ ▀▀▄▄▄▀▀ █ ▀▀▄█▄▀▀ ▀▀▄
█ █ █ █▄ ▄█
▄▄▀▀▀▄▄ █ ▄▄▀▀▀▄▄ █ ▀▀▄▄▄▀▀ █
▄▀ ▀█▀ ▀█ █ █
█▀▄▄ ▄▄▀█▀▄▄ ▄▄▀█▀▄▄ █ ▄▄▀
█ ▀█▀ █ ▀█▀ █ ▀▀▀
▀▄ █ ▄█▄ █ ▄▀
▀▀▄█▄▀▀ ▀▀▄█▄▀▀ | | | ..One-stop Blockchain..
..Investment Solution.. | | | | | | | █
█
█
█ |
|
|
|
|
karungbitcoin
|
|
October 26, 2018, 09:13:16 AM |
|
To increase Bitcoin community we need it, because when Bitcoin ETF approved alot of people and investor will more interesting about Bitcoin. Currently about 1% know and make invest in Bitcoin and by Bitcoin ETF approved so more people wil jump in to Bitcoin and crypto market will be bigger and explode.
|
|
|
|
St4yInTh3D4rk
Sr. Member
Offline
Activity: 686
Merit: 264
"STAY IN THE DARK"
|
|
October 26, 2018, 09:24:18 AM |
|
To increase Bitcoin community we need it, because when Bitcoin ETF approved alot of people and investor will more interesting about Bitcoin. Currently about 1% know and make invest in Bitcoin and by Bitcoin ETF approved so more people wil jump in to Bitcoin and crypto market will be bigger and explode.
It will get bigger and bigger as an investment if the ETF approved but we fond the bitcoin for using as investment? Not right that is why we call them as crypto currencies so we need to use the bitcoin for payment option when ETF approved the bitcoin will be unable as currency and it will be found only in the hands of big investors. |
Hero/Legendary ..bustadice.. ▄▄████████████▄▄ ▄▄████████▀▀▀▀████████▄▄ ▄███████████ ███████████▄ █████ ████▄▄▄▄████ █████ ██████ ████████▀▀██ ██████ ██████████████████ █████████████ █████████████████▌ ▐█████████████ ███ ██████████ ███████ ███ ███ ████████▀ ▐███████ ███ ██████████████ ██████████████ ██████████████ ██████████████ ██████████████▄▄▄▄██████████████ ▀████████████████████████████▀ |
|
|
AlutBitcoin
Newbie
Offline
Activity: 47
Merit: 0
|
|
November 02, 2018, 04:58:23 AM |
|
We don't "need" it but we can definitely get a use out of it. First of all the moment it gets accepted will be the day bitcoin rises like crazy, not that ETF gets any money directly into bitcoin because people who invest into ETF basically bets on the price of bitcoin instead of buying bitcoin directly but it would still create some hype on bitcoin.
However in the long term it may take money out of bitcoin, people may prefer putting their money in their safe SEC regulated ETF instead of all these exchanges that has been known the get "hacked" or basically hold your money without a reason. The good will be short term and the bad will be long term but after all that said and done we do not "need" it but it is a way to tell the world bitcoin is not the "drug money" that was 5-6 years ago but a legit investment option today.
|
|
|
|
|
|
marcbitcoins
|
|
November 02, 2018, 10:21:26 AM |
|
For me, we will not know until the SEC will approve these ETF products like we already see that there is no direct impact when the US SEC just rejected it this year in which we thought the market will falls but if the SEC will approve it by this month of November then maybe it will trigger the bullish run in which the Crypto market will rise up once again, so i hope the SEC will approve it so that we will have our conclusion if it we really need it or not. Lets wait and see.
|
|
|
|
|
Virtual-Money
Jr. Member
Offline
Activity: 236
Merit: 5
|
|
November 02, 2018, 11:59:33 AM |
|
for me, bitcoin doesn't need etf but if its really required then we need to support it |
|
|
|
|
kotajikikox
Full Member
Offline
Activity: 2380
Merit: 207
★Bitvest.io★ Play Plinko or Invest!
|
|
November 02, 2018, 01:02:18 PM |
|
I am not very interested about bitcoin ETF SEc approval, i still believe bitcoin is decentralized cryptocurrency as independent anonymous currency. I don't thing etf can help for bitcoin bring it to become stable, but I'll will wait what is the effect if ever etf apporve by the US SEC. |
|
|
|
|
charlotte04
|
|
November 02, 2018, 03:42:36 PM |
|
I think we do because a lot of people are expecting it to happen and maybe it would make the price of cryptos go up a bit and would also make another bull run from it. |
|
|
|
|
|
Leonard2016
|
|
November 02, 2018, 05:05:33 PM |
|
I think they are just nasty games , They are spreading FUDs to decrease the market so that they can buy more in deep , They all know they can't stop it buy they are decreasing its speed as they did when they added bitcoin to futures trading and it went down from 20k to 15k and now only 6k!
|
|
|
|
Parabellun1917
Member
Offline
Activity: 462
Merit: 10
|
|
November 02, 2018, 06:57:57 PM |
|
Hello! Honestly I do not know. I think it will benefit the market, the flow of new money is very good. We'll see)) |
|
|
|
|
|
andrey111
|
|
November 02, 2018, 08:17:34 PM |
|
I am not very interested about bitcoin ETF SEc approval, i still believe bitcoin is decentralized cryptocurrency as independent anonymous currency. I don't thing etf can help for bitcoin bring it to become stable, but I'll will wait what is the effect if ever etf apporve by the US SEC. I can not agree. I believe that in order for new investments to go into the cryptocurrency market, regulation is needed. People are afraid to invest in the crypto market. Bitcoin-ETF was created to protect investors first! |
|
|
|
|
|
