Which is more important for us, more investment (ETF) or more adoption?

[Lagrood]

I consider that the hype around ETF was sensible. The rejection ETF causes many investors no to trust in crypto assets and moreover some institutional investors and funds are not able to invest in crypto assets without ETF and has invoked a new wave of negative cash flow. I think we should understand if SEC has rejected ETF it menas that SEC does not trust crypto market and crypto market does not suit for all prerequisites to launch ETF on bitcoin. I think we should be more careful to invest in various crypto assets especially in the current moment because I suppose that the downtrend on crypto market is still continuing.

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[vallydelly]

For me I believe ETF will surely bring mass adoption to the crypto space, I believe once ETF is approved, it will create create FOMO in the space, which will make more people to join the space and invest in the crypto currency

[muncuss]

Both are important but the money needs to come first, to me this is simple if you see a prediction that the next day is going to rain you take with you an umbrella to work, this is the same, we know that bitcoin will become huge so at first investors will put their money here before that happens, and then years or even decades later the adoption will come, something similar happened with the internet and almost every industry in the past.

both need money and i think we already have enough money, beside it bitcoin and cryptocurrency itself is money, lol. and you know what will makes cryptocurrency huge thing is its adoption, lol.
adoption can't just happen if people don't know about it, and we don't have any marketing department to teach people how to use bitcoin coz cryptocurrency is decentralized and not a company. it is all depends on its community

what had happened to some dot-com companies with their shares value was bigger than company value? they fell at dot-com crash. and now we face same situation, market crash, ICO hard to grow, new coins price free falling to the ground.
lets take eBay as example, it survived and grow after dot-com crash because it continue to expand the company, reaching new users, and then it's company become bigger and shares price rise again. now what would happen if more ebay shares investor come, instead more ebay user? that will only become another bubble

[Yaddady]

ETF and more adoption are mutually exclusive in this instance. For more investments to enter the space, the ETF has to be approved. This will result in more adoption as more people will be interested in the space both for the profits and the tech

[anahata]

More adoption worldwide. ETF from one particular country has not that bigger effect than mass adoption. This ETF drama is far stretched in its original form. It shouldn't even had to be a factor in BTC prices, but some people used it to manipulate and pull the prices the down.

[WalkerIVIV]

I consider that the hype around ETF was sensible. The rejection ETF causes many investors no to trust in crypto assets and moreover some institutional investors and funds are not able to invest in crypto assets without ETF and has invoked a new wave of negative cash flow. I think we should understand if SEC has rejected ETF it menas that SEC does not trust crypto market and crypto market does not suit for all prerequisites to launch ETF on bitcoin. I think we should be more careful to invest in various crypto assets especially in the current moment because I suppose that the downtrend on crypto market is still continuing.

I'm not sure about that consider we have reached the bottom. As far as know that these investors must try to move on from ETF to the adoption. Adoption is really important to the crypto. If ETF gets rejected and there was another way such as try to use the US based exchange site as the gateway to the new adopters from US. this should become the main thing.

[batang_bitcoin]

For me I believe ETF will surely bring mass adoption to the crypto space, I believe once ETF is approved, it will create create FOMO in the space, which will make more people to join the space and invest in the crypto currency

So you think that ETF will bring more adoption?

That makes sense but IMO, even without these ETF's the crypto market is going to be there where everyone will feel FOMO and make people to invest in crypto's.

They will never forget the all time high that existed last year.

[sinachy]

For me I believe ETF will surely bring mass adoption to the crypto space, I believe once ETF is approved, it will create create FOMO in the space, which will make more people to join the space and invest in the crypto currency

I agree with you, we need more investment(ETF) when more people start to invest into cryptos then FOMO will be created and more people will start investing and when more people are investing, it will bring the massive adoption for the crypto space, because a lot more people will get to know about cryptos and seek ways to join the space.

[seo-maestro]

Mass adoption of crypto is slow process for next several years but ETF and Bakkt can affect for capitalization much faster because price will pump up in few weeks. After price pump new people will come again to get fast profits and new bull run will begin. I'w waitng new bull run in the end of 2019.

[cryptomadu]

More adoption is best I think. It will help in the long run of the crypto. Even we need some investments to see the price is going up, mass adoption will make the crypto more stable.

[Ch1bi]

I would say more adoption would be more important. As more and more people use crypto governments would eventually catch on and want to use it. I mean look at Bitcoin at it's beginnings, it didn't have much adoption but as time went on it grew to the point where the average person has heard of it.

[bundo]

I just hope the upcoming news favors every crypto enthusiast and may we all be happy again on the Blockchain network.

New advances and discoveries in the blockchain field always arrive, I personally with all this progress can strengthen all the values ​​of the altcoin.

[Ratash]

Yes thats a good point you mentioned if crypto were used in life tasks for example in buying goods or in games or to watch movies than there will be no stoping them crypto are a life saving.

[shiningstar]

In my opinion if etf get accepted then a lot of money will flow into crypto and that will make the adoption easier as the media coverage will help spread the word, but that doesn't mean the situation is bad if etf is rejected, it's just adoption will happen slower but we will be there in the end.

[Slash61]

For me I believe ETF will surely bring mass adoption to the crypto space, I believe once ETF is approved, it will create create FOMO in the space, which will make more people to join the space and invest in the crypto currency

So you think that ETF will bring more adoption?

That makes sense but IMO, even without these ETF's the crypto market is going to be there where everyone will feel FOMO and make people to invest in crypto's.

They will never forget the all time high that existed last year.

Don't focus too much on ETFs because it won't be good for the market because yesterday's refusal caused a significant price drop after a high pumping rate too, let's focus on the market and come back to believe because in the future we will be better than now, some people try to manipulate by spreading the word FUD just as ETFs have the effect of frightening new people, hopefully there is no adverse effect on any market that the media does.

[Viscera]

Etf has a large impact on cyberspace. Even without it i think crypto potentially will grow up, Thru decentralization we will gain profit, But in case ETF will approve bitcoin then this will a revolutionary era for tech space not just a physical gold but the entire internet money..

[batang_bitcoin]

For me I believe ETF will surely bring mass adoption to the crypto space, I believe once ETF is approved, it will create create FOMO in the space, which will make more people to join the space and invest in the crypto currency

So you think that ETF will bring more adoption?

That makes sense but IMO, even without these ETF's the crypto market is going to be there where everyone will feel FOMO and make people to invest in crypto's.

They will never forget the all time high that existed last year.

Don't focus too much on ETFs because it won't be good for the market because yesterday's refusal caused a significant price drop after a high pumping rate too, let's focus on the market and come back to believe because in the future we will be better than now, some people try to manipulate by spreading the word FUD just as ETFs have the effect of frightening new people, hopefully there is no adverse effect on any market that the media does.

We can't stop them of thinking more positively with ETF's.

They only think that its going to bring more money in the market and that's how they are thinking that its the only way to make the market up again. I have nothing against ETF's but I've read that it will only cause another way to manipulate the market. Still can't say anything about the effect of it.

[Grim149x]

I believe that adoption is what we truly need right now. It will be the best support for value in my opinion. Imagine if it is already adopted worldwide then everything else will follow.

[Idrisu]

ETF is less important to me and adoption is what cryptocurrencies need to go to mainstream.  If the society can adopt cryptocurrencies ETF will come on it own without having this effect that keeps on repeat on the market.  The issues of ETF has been there an any time it is not approve market keep going down.

[frankbeard]

Adoption is much more important than the ETF.  I'm not even sure hwy anyone who cares about Bitcoin would want this ETF garbage involved with Bitcoin.  If the entire world decides it loves Bitcoin then nothing much else matters.  The governments will be helpless.