Bitcoin Forum
October 21, 2018, 02:43:56 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 »  All
  Print  
Author Topic: Impact of the pending ETF in September?  (Read 415 times)
thegoatiest
Jr. Member
*
Offline Offline

Activity: 33
Merit: 1


View Profile
August 19, 2018, 11:40:30 PM
 #1

Some time in late September is the final deadline for the ETF.. so I've read.
Judging by July, prices will shoot up prior to this deadline in anticipation of approval.

How much of a catalyst do you think the outcome may be for the price of bitcoin?

Additionally - what are the possible outcomes. can they postpone it again? Could it be flat out denied? What's the implication of these three outcomes? (*Yes, *no, *maybe / not now)

This seems like the next major dot on the map so id like to have a plan.
1)Hold.
2)Sell then buy back in during 'disappointment/etf delay dip'
3) denied - im not sure what this would do.. if it is even a possibility.

Whats your thinking around the outcome?
Cheers.
1540089836
Hero Member
*
Offline Offline

Posts: 1540089836

View Profile Personal Message (Offline)

Ignore
1540089836
Reply with quote  #2

1540089836
Report to moderator
1540089836
Hero Member
*
Offline Offline

Posts: 1540089836

View Profile Personal Message (Offline)

Ignore
1540089836
Reply with quote  #2

1540089836
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1540089836
Hero Member
*
Offline Offline

Posts: 1540089836

View Profile Personal Message (Offline)

Ignore
1540089836
Reply with quote  #2

1540089836
Report to moderator
1540089836
Hero Member
*
Offline Offline

Posts: 1540089836

View Profile Personal Message (Offline)

Ignore
1540089836
Reply with quote  #2

1540089836
Report to moderator
1540089836
Hero Member
*
Offline Offline

Posts: 1540089836

View Profile Personal Message (Offline)

Ignore
1540089836
Reply with quote  #2

1540089836
Report to moderator
Pursuer
Legendary
*
Offline Offline

Activity: 1288
Merit: 1087


Where is my ring of blades...


View Profile
August 20, 2018, 12:15:43 PM
 #2

prices will shoot up prior to this deadline in anticipation of approval.

are people really anticipating approval? I don't think so to be honest. I believe majority of investors don't know what will happen and are undecided. maybe at first most were thinking it will be accepted but in time, specially after the postponing of the decision and rejection of one ETF, I think they are now unsure.

if what I said is right then there may not be any rise, or any considerable rise at least. for example we may see $7100 then come back down to $6000  then move on from there.

Quote
Additionally - what are the possible outcomes. can they postpone it again? Could it be flat out denied? What's the implication of these three outcomes? (*Yes, *no, *maybe / not now)
I am one of those undecided people but I am leaning towards rejection.
and I think the implications may not be that bad because people may be expecting it already! but we will see a drop. in any case if you want to buy in then waiting may be a better option if you want the best discount.

cryptokingdom
Member
**
Offline Offline

Activity: 172
Merit: 10

we're Radio, online!


View Profile WWW
August 20, 2018, 12:29:38 PM
 #3

I am not driven by anyone or any organization opinion to take my decision when investing in cryptocurrency. It is only newbies in the system that do not have a stand that ETF decision will affect. I am going about my normal cryptocurrency business.

CyberFM   we're Radio, online!   Whitepaper
RADIO   ANN Thread   Twitter   Telegram
hugeblack
Sr. Member
****
Offline Offline

Activity: 476
Merit: 354


Avatar 4 rent / Sig Designer https://goo.gl/34QBYf


View Profile WWW
August 20, 2018, 03:02:45 PM
 #4

The effect will be only in short-term.
If we compare the price before July and now we will notice that it returned to its level before optimism to accept and after the postponement.

ETF means that more money is coming into the Bitcoin market, which means that the price rises to levels above $ 10,000 "higher or lower."
Rejection does not mean a price collapse but a temporary sale, and then we return to the levels of 6000 dollars.

I do not expect bitcoin ETF to be accepted which means we will see a temporary decline.
For minute details, check[1].


[1] Bitcoin ETF details and price effects

anil_saini01
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
August 20, 2018, 03:16:18 PM
 #5

Experts are divided over impact of ETF approval on bitcoin prices. According to some an approval will lead to a potential bull run in btc whereas rejection will lead to more dump. Some say that it will not have any effect.
cellard
Legendary
*
Offline Offline

Activity: 1162
Merit: 1152


View Profile
August 21, 2018, 01:26:00 AM
 #6

Probably will be rejected and we'll go into the next speculative ETF period for January 2019. I believe the ETF being rejected is already priced in. I mean what fool actually things it will pass?

So if it actually passes, the price will pump, which means it's good news, there's no downfall for the current situation, simply hold it.

Something else that nobody seems to be talking about is the fact that the ETN does what the ETF does, without the SEC bullshit in between, which means all that capital could be comming irrespective of what they have to say. Now im not really sure how the ETN can even be a thing without SEC approval but apparently it can happen.

I just hate how the SEC doesn't allow people to invest on Bitcoin, but they offer them derivatives that are way more dangerous. I mean they ran Maddof for years.

exstasie
Hero Member
*****
Offline Offline

Activity: 966
Merit: 546


View Profile
August 21, 2018, 02:26:23 AM
 #7

Probably will be rejected and we'll go into the next speculative ETF period for January 2019. I believe the ETF being rejected is already priced in. I mean what fool actually things it will pass?

That's what I've been wondering. It seems clear as day to me, but all these noobs around here keep asking.

Whether it's priced in........the way I see it, this is a bear market. Maybe we break out of it, maybe not. Either way, in a bear market, any news is generally a reason to sell. "Sell the news" is a phrase for a reason.

Something else that nobody seems to be talking about is the fact that the ETN does what the ETF does, without the SEC bullshit in between, which means all that capital could be comming irrespective of what they have to say. Now im not really sure how the ETN can even be a thing without SEC approval but apparently it can happen.

Aren't the ETNs on offer on Swedish or other exchange markets (not American)? Many American investors can access them through various broker-dealers, but they're not under US jurisdiction AFAIK.

ETNS are also structured differently. You're not buying into shares of a portfolio and the issuer doesn't need to hold the underlying assets; you're buying debt, like paper gold.

arpon11
Sr. Member
****
Offline Offline

Activity: 560
Merit: 259



View Profile
August 21, 2018, 10:07:11 AM
 #8

The sec should just takes this decision once an for all as this has affected the investors mind several times and we didn't really know what is going to happen in September.  If ETF is not approve we should expect investors reaction and likewise if it is adopted.

bustadice         ▄▄████████████▄▄
     ▄▄████████▀▀▀▀████████▄▄
   ▄███████████    ███████████▄
  █████    ████▄▄▄▄████    █████
 ██████    ████████▀▀██    ██████
██████████████████   █████████████
█████████████████▌  ▐█████████████
███    ██████████   ███████    ███
███    ████████▀   ▐███████    ███
██████████████      ██████████████
██████████████      ██████████████
 ██████████████▄▄▄▄██████████████
  ▀████████████████████████████▀
                     ▄▄███████▄▄
                  ▄███████████████▄
   ███████████  ▄████▀▀       ▀▀████▄
               ████▀      ██     ▀████
 ███████████  ████        ██       ████
             ████         ██        ████
███████████  ████     ▄▄▄▄██        ████
             ████     ▀▀▀▀▀▀        ████
 ███████████  ████                 ████
               ████▄             ▄████
   ███████████  ▀████▄▄       ▄▄████▀
                  ▀███████████████▀
                     ▀▀███████▀▀
           ▄██▄
           ████
            ██
            ▀▀
 ▄██████████████████████▄
██████▀▀██████████▀▀██████
█████    ████████    █████
█████▄  ▄████████▄  ▄█████
██████████████████████████
██████████████████████████
    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
    ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
       ████████████
[bustadice.
Play
bustadice]
1Referee
Legendary
*
Offline Offline

Activity: 1666
Merit: 1205


View Profile
August 21, 2018, 10:28:36 AM
 #9

Probably will be rejected and we'll go into the next speculative ETF period for January 2019. I believe the ETF being rejected is already priced in. I mean what fool actually things it will pass?

That's what I've been wondering. It seems clear as day to me, but all these noobs around here keep asking.

It's actually very simple. Noobs react to the price movement versus that what's being hyped up in the media. Market movers don't think the ETF will come through, they'll just pump the market to make noobs think something will happen, and then unload their coins on these noobs to let the market *likely* settle a new bottom shortly after. Market movers will grab anything as excuse to either pump or dump the market, and the ETF speculation is a perfect tool for that with how hyped up it is.

Life must be great when you have enough financial resources to steer the market to any direction and use Bitmex's leverage to scoop up even more profits.

chickenado
Hero Member
*****
Offline Offline

Activity: 1008
Merit: 500



View Profile
August 21, 2018, 10:57:28 AM
 #10

The sec should just takes this decision once an for all as this has affected the investors mind several times and we didn't really know what is going to happen in September.  If ETF is not approve we should expect investors reaction and likewise if it is adopted.
Will that affect the outcome of cryptocurrency compared last year? If so, if it is approved then what are the possible benefits that we can get from ETF in the crypto market? How would investors react then. Still, I am aiming for the success of bitcoin for the coming months not only in September but throughout the entire year and upcoming years.

gentlemand
Legendary
*
Offline Offline

Activity: 1792
Merit: 1272


Hello You


View Profile
August 21, 2018, 11:05:38 AM
 #11

The ETF decision most are interested in, the SolidX/Vaneck one, can be postponed until Feb/March next year. I can't imagine they're going resist the opportunity to prick tease until then. Rejection is in the bag as far as I'm concerned. No one can address the SEC's objections about the overall market being a chaotic beast beyond taming.

Kemarit
Legendary
*
Offline Offline

Activity: 1050
Merit: 1083


View Profile
August 21, 2018, 12:11:06 PM
 #12

The ETF decision most are interested in, the SolidX/Vaneck one, can be postponed until Feb/March next year. I can't imagine they're going resist the opportunity to prick tease until then. Rejection is in the bag as far as I'm concerned. No one can address the SEC's objections about the overall market being a chaotic beast beyond taming.

Initially, I thought that perhaps we have a chance for SEC to approved it. But the other side of myself see it otherwise. If they really wanted to approve it then there's no need to postponed their decision next month. So I don't think that we can get them to change their mind for disapproval and no amount of reconstructing this proposal will sway their decision on the other side. Market is not resistant to manipulation, we are still very much susceptible and I don't think that we can change it overtime.

davis196
Hero Member
*****
Offline Offline

Activity: 994
Merit: 521


View Profile
August 21, 2018, 12:35:00 PM
 #13

The ETF decision most are interested in, the SolidX/Vaneck one, can be postponed until Feb/March next year. I can't imagine they're going resist the opportunity to prick tease until then. Rejection is in the bag as far as I'm concerned. No one can address the SEC's objections about the overall market being a chaotic beast beyond taming.

Initially, I thought that perhaps we have a chance for SEC to approved it. But the other side of myself see it otherwise. If they really wanted to approve it then there's no need to postponed their decision next month. So I don't think that we can get them to change their mind for disapproval and no amount of reconstructing this proposal will sway their decision on the other side. Market is not resistant to manipulation, we are still very much susceptible and I don't think that we can change it overtime.

The same thing applies about rejection.If they are about to reject bitcoin,why don't they just make the decision,instead of waiting for one more month.Do they need to gather more information about the bitcoin market?I don't think so.They have enough information about the crypto markets.

raidarksword
Member
**
Offline Offline

Activity: 322
Merit: 11


View Profile WWW
August 21, 2018, 12:41:20 PM
 #14

One things for sure it will create another meltdown for investors and it might again scares weak hands to be honest and market will be again painted in red and that bad news for short-term investors. Hopefully if ETF will be approved or not we will still be able to hold our assets for the sake of bitcoin's ideology and future ahead for crypto currency.

LeGaulois
Copper Member
Hero Member
*****
Offline Offline

Activity: 854
Merit: 877

Bitcoin Ninja Unregulated Banker Unbanking Folks


View Profile
August 21, 2018, 01:14:08 PM
 #15

On the top of that, the majority isn't aware of any ETF, nor they do know what it is. Here people know about the ETFs but outside and listening to the average person it's another thing. And as mentioned @1Referee people react to the price movement and recently we don't see any huge movement, to be honest.

Findingnemo
Member
**
Offline Offline

Activity: 336
Merit: 14

Keep it simple,stupid!


View Profile
August 21, 2018, 01:36:18 PM
 #16

Some time in late September is the final deadline for the ETF.. so I've read.
Judging by July, prices will shoot up prior to this deadline in anticipation of approval.

How much of a catalyst do you think the outcome may be for the price of bitcoin?

Additionally - what are the possible outcomes. can they postpone it again? Could it be flat out denied? What's the implication of these three outcomes? (*Yes, *no, *maybe / not now)

This seems like the next major dot on the map so id like to have a plan.
1)Hold.
2)Sell then buy back in during 'disappointment/etf delay dip'
3) denied - im not sure what this would do.. if it is even a possibility.

Whats your thinking around the outcome?
Cheers.
I think it is better to sell when you had a price for the ETF decision in the near stage later buy it if they denied because it can cause more price fall,but if they said yes then it will be the start of the bull run so keep fund to buy some bitcoins.

kendedese
Member
**
Offline Offline

Activity: 294
Merit: 10

W12 – Blockchain protocol


View Profile
August 21, 2018, 02:32:37 PM
 #17

Pending ETF have an impact on bitcoin prices. a few days ago bitcoin prices reached 8500, after ETFs were delayed the price of bitcoin dropped very fast and touched the price of 6200.

W12.io  ▬▬▬▬▬▬  Blockchain protocol                         
            Built F O R :    ❤ Charity Market    ⚫ ICO    ֆ CROWDFUNDING

                                                                                     ◥ TELEGRAMWHITEPAPERTWITTERFACEBOOK ▬▬▬▬▬▬▬▬▬▬▬ ❱❱❱ R E G I S T E R  for the  TO K E N  S A L E ❰❰❰
YuginKadoya
Legendary
*
Offline Offline

Activity: 1120
Merit: 1014


Anonymous bitcoin mixer


View Profile
August 21, 2018, 03:36:43 PM
 #18

I really don't get my hopes so high regarding this matter and in my opinion they don't really have plan in this or what so ever so it is a waste of time keeping this up, And I really think we can manage without their approval and cryptocurrency will still continue with or without them, And if their really making alibi in approving this things then that is their lost or they are only making excuses I don't really care especially if they are only against bitcoin and other crypto related things it is up to them that is their choice.














 

 

█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BitBlender 

 













 















 












 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
█ 
BrewMaster
Hero Member
*****
Offline Offline

Activity: 966
Merit: 632


There is trouble abrewing


View Profile
August 21, 2018, 03:57:26 PM
 #19

Probably will be rejected and we'll go into the next speculative ETF period for January 2019. I believe the ETF being rejected is already priced in. I mean what fool actually things it will pass?

i don't think that many people think ETF is going to be approved this time which is the main reason for not seeing any rise so far and instead seeing this uncertain stuck period where price doesn't make any meaningful movement.
so rejection being priced in already, makes perfect sense to me.

Febo
Legendary
*
Offline Offline

Activity: 1568
Merit: 1057



View Profile
August 21, 2018, 05:13:13 PM
 #20

Some time in late September is the final deadline for the ETF.. so I've read.
Judging by July, prices will shoot up prior to this deadline in anticipation of approval.

How much of a catalyst do you think the outcome may be for the price of bitcoin?

Additionally - what are the possible outcomes. can they postpone it again? Could it be flat out denied? What's the implication of these three outcomes? (*Yes, *no, *maybe / not now)

This seems like the next major dot on the map so id like to have a plan.
1)Hold.
2)Sell then buy back in during 'disappointment/etf delay dip'
3) denied - im not sure what this would do.. if it is even a possibility.

Whats your thinking around the outcome?
Cheers.

It is a deadline for one of the pending ETFs. It will be same as every time so far. A lot of hype and some price increase and a dump and big disappointing after the set date. 

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
Pages: [1] 2 3 4 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!