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Sutters Mill
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August 17, 2018, 01:09:28 PM
 #81

Bitcoin reached 20k last year without an ETF.  All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people.

But then it collapsed due to nothing, and it likely only kept rising due to manipulation, or at the very least all the FOMO from new investors.The market is fickle, but the ETF will at least temporarily cause some excitement and a flurry of new money coming in and that's what we could do with right now even if it's only short lived.

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August 17, 2018, 01:14:41 PM
 #82

Right now if you want to buy Bitcoins, you mostly have to buy Bitcoins. Presumably a lot of people who want to buy Bitcoins want to buy Bitcoins, but a lot of people don’t. If the ETF is big and popular, then market makers will arbitrage it, and it will drive demand, and Bitcoin will be harder to manipulate just because there will be more volume coming from real economic demand.
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August 17, 2018, 01:14:55 PM
 #83

Bitcoin reached 20k last year without an ETF.  All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people.

But then it collapsed due to nothing, and it likely only kept rising due to manipulation, or at the very least all the FOMO from new investors.The market is fickle, but the ETF will at least temporarily cause some excitement and a flurry of new money coming in and that's what we could do with right now even if it's only short lived.

I agree with you, that even though BTC has done fine, having ETF support will massively improve the current market situation.


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LinkinPrak852
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August 17, 2018, 08:50:29 PM
 #84

if bitcoin do not get ETF approval it does not affect in bitcoin price because bitcoin are more popular and useable in the world. it is not major for bitcoin price because bitcoin are made by advance blockchain technology.
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August 17, 2018, 09:21:54 PM
 #85

Bitcoin do not get ETF it is not responsible to decrease price. because bitcoin are more secure and potential, it is more popular and profitable. people are interest to invest here. ETF is role nothing else.
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August 17, 2018, 10:00:45 PM
 #86

ETF it a role but bitcoin is trusted and reliable in crypto market. If bitcoin do not get approval ETF than it does not effect to decrease price or investment in bitcoin. people have more faith and they should increase their investment.
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August 17, 2018, 10:25:52 PM
 #87

I believe that bitcoin can exist without ETFs, for example, if they make a system of vouchers or prepaid cards. For example, you buy a card in the store with a face value of $ 100 go to your wallet and at the exchange rate at the moment you converted the amount into a cryptomonet at the rate of $ 100 / for example Ethereum costs $ 300 , and you have replenished by 100, then you will have 0.33 coins ETH/

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August 18, 2018, 07:54:07 AM
 #88

I think EFT is recent topic. Although it will give some advantage of bitcoin holder but I think without it bitcoin can run smoothly. Bitcoin develop many sectors also expand its zone so I think EFT is not a matter of concern.
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August 18, 2018, 07:55:25 AM
 #89

I agree bitcoin without the ETF also have a strong lead by the investors so ETF regulations not necessarily important I believe in bitcoin
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August 18, 2018, 08:22:52 AM
 #90

As I know this EFT is certainly endorse in the bitcoin proposal. Encryption industry develop the trend of this industry. So think worry no more, it’s not a matter of concern.
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August 18, 2018, 08:45:24 AM
 #91

this question is so silly in my opinion because practically people who are asking it are forgetting that for more than 9 years bitcoin has existed and grown without ETF or anything like it. not to mention that bitcoin is designed to be a currency not an investment so Exchange Trading Funds is a silly notion for it to begin with.














 

 

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August 18, 2018, 10:58:21 AM
 #92

SEC suspend BTC ETF till sept and it effects bad in BTC and hope in future SEC will approve BTC ETF and that’s will effect good on BTC in future.
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August 18, 2018, 11:17:19 AM
 #93

Can you people understand that bitcoin is bitcoin with or without SEC. They can`t change bitcoin, they can regulate bitcoin, they just making ground for using bitcoin in US. I`m from Serbia, South Europe, so what SEC and their approval have with me? It can affect the price of bitcoin, they can boost usage in US, that will affect the demand. US bitcoin companies will be able to operate legally, they will spread bitcoin businesses, that`s all good, but for US citizens mostly, for all others raised demand is good because that can push price up. As one of the advanced countries with huge economy, adopting bitcoin can be great for all bitcoin owners, and I`m sure they will adopt it sooner or later, if not this year next one for sure.


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August 19, 2018, 05:42:45 AM
 #94

Bitcoin reached 20k last year without an ETF.  All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people.

But then it collapsed due to nothing, and it likely only kept rising due to manipulation, or at the very least all the FOMO from new investors.The market is fickle, but the ETF will at least temporarily cause some excitement and a flurry of new money coming in and that's what we could do with right now even if it's only short lived.

That's got to be from the futures contracts. As soon as they introduced those, half the investing world took short positions on the coin. And then it started to falter...

I think that all of these investment tools are just going to cause more headaches for bitcoin users. Especially if they want to start using a fractional reserve system and start borrowing against the coin for commerce. Bitcoin needs to have a decentralized system of exchange, and all of these other things are not going to help to keep that decentralization.
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August 19, 2018, 05:50:09 AM
 #95

Bitcoin will always prevail even without ETF because it has shown it standard that it can live and get stronger in almost a decade without any regularise party or mainstream issue and will surely getting better day by day as many adopting it ,so I don't think ETF issue should bother us in trading our Bitcoin.
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August 19, 2018, 05:53:53 AM
 #96

NOTE : Questions from LAYMEN.

bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF.
Bitcoin will still exist even without ETF. People should not be scared of the ETF approval. Although, approving the ETF will be a very great thing. But without it, life goes on with Bitcoin.
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August 19, 2018, 06:32:00 AM
 #97

NOTE : Questions from LAYMEN.

bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF.

I agree with you, because it is like adopting all the currencies. But in the last few years, the price of bittacquena increased without the approval of ETF and market changes have been achieved. I think it's a loss for ETF.

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August 19, 2018, 06:38:02 AM
 #98

I feel the whole essence of ETF is to drag the price Bitcoin down so that the dons (investors with lots of cash) would get in at cheap rate and later sell off when the price goes up. Before the whole ETF and SEC situation, hasn't Bitcoin survived and done well in the Cryproworld? So I see nothing really special about the ETF and SEC regulations of a thing.

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August 19, 2018, 06:41:27 AM
 #99

NOTE : Questions from LAYMEN.

bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF.
Nope bitcoin will going to grow more with the ETF implementation. This is the only way that crypto market will going to work well if of course there will be no corruption activities that will going to happen. If ETF will be implemented this will boost the  investors and haters as well to invest in bitcoin and other cryptocurrency.
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August 20, 2018, 10:56:30 PM
 #100

ETF station is important in the history of bitcoin
Must pass without compromising financial freedom
Bitcoin will pass many stations in its history
Until it reaches full adoption.

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