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

[yayat]

A system that is easy to understand when many requests are rising.
And if there is little demand then the price goes down. If ETFs accept Bitcoin then lots of requests to buy and the price of Bitcoin will rise in price.

[1714843732]

1714843732

[1714843732]

1714843732

[1714843732]

1714843732

[elenka n]

I hope that after the adoption of the ETF in the world of cryptocurrency will come a lot of investors, which will very well affect the value of the coins!

[ivannalog814]

ETF will bring bitcoin big money but big money does not mean that it is good ! Tomorrow October 26, will be made I hope the final decision !

[EdenHazard]

I think we might see different result if cryptocurrency have wide adoption/real usage as digital currency, because that will bring continuous real demand. and market recovery wouldn't be too hard

The concept of cryptocurrency was created as a digital currency, and almost everyone who knows cryptocurrency already knows that. This is only about regulation which is troubling for cryptocurrency users by the government, because cryptocurrency has fulfilled its function as a currency requirement. Only every government allows cryptocurrency to be used properly, and there is no prohibition for anyone using cryptocurrency so we don't need ETFs to make the price recover.

[Dau1coduot]

It is obviously that we need both, more investments and more adoptions are the factors which will boost the gloomy market now to dynamic market and growth up the cryptocurrency price a lot.

[xbossJ]

Massive investment comes with adoption. Investing massively here means you have  belief on the tech, and you ain't going to put your money in here and go to bed, but you will need to sell what you have by way of promotions, getting people involved and showing how this works. This way it is only natural that people will come flocking and flooding the space which would make the space worth investing more in! So ETFs are a major requisite for the growth of this space.

[pharaon]

When i think about ETF, i think more investment will come. It is good for bitcoin and also alts. But how if it will become like late 2017? when majority crypto users are traders and investors who expect moon and lambo. And cryptocurrency become speculative things rather than digital currency.

Now we see the result. Crypto market hard to recover because no one want to buy, we only hold and waiting whales or random person to start a bull run or "institutional money" to come in.
Same person who buy and sell.

I think we might see different result if cryptocurrency have wide adoption/real usage as digital currency, because that will bring continuous real demand. and market recovery wouldn't be too hard

You are right, at the moment cryptocurrency is used more as a way of investment or preservation of value, but using them as a means of payment is not possible in all countries (for now). I hope the situation will improve in the future.

[sana54210]

I hope that after the adoption of the ETF in the world of cryptocurrency will come a lot of investors, which will very well affect the value of the coins!

Well, that is what a lot of people think when it comes to mainstream adoption but at the end of the day it is all about adoption. However, there is nothing as good as seeing adoption take place based on real life usage as that is what would make the market even stronger, matured and sustainable in the long run.

ETF is just a tiny piece of that, what we should be really looking at is the possibility of good adoption and not just some ETF approval, and even though that might help a little, at the end of it all, without it and with real life usage alone, this space will grow on its own.

[coaprotet]

Both of it is very important. I think in the short term, we need more investments, because right now we are facing the problem of the lack of investors. But in the long term we need more mass adoption to bring the industry on the next level!

[prtty2gal2]

A system that is easy to understand when many requests are rising.
And if there is little demand then the price goes down. If ETFs accept Bitcoin then lots of requests to buy and the price of Bitcoin will rise in price.

ETF should not be the thing we should be clamoring for as I do not see how that is really going to help in any situation. What we should be looking at basically is real life adoption, real life usage as this is what would really make the space to become a whole lot valuable, and then in such cases, we will get to see huge demand in the market. As long as we can see merchants adopting, we get to see more people coming in based on the freedom it brings when it comes to spending, then we will see growth, and even ETF without that, is nothing.

ETF is just a tiny piece of that, what we should be really looking at is the possibility of good adoption and not just some ETF approval, and even though that might help a little, at the end of it all, without it and with real life usage alone, this space will grow on its own.

But 90% of this community is looking for approval of any ETF for triggering another bull run but you call it a tiny piece ? I guess more investments into bitcoin is more important for making bitcoin as a main stream payment process whereas that more investments may come from anywhere like ETF or from institutions, I guess that doesn't matter much.