Kprawn
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September 06, 2018, 02:48:27 PM |
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Just forget about ETFs, because that will never happen. There is nothing that "new" applicants can do about global price manipulation and that is what the SEC want to be solved, before they allow Bitcoin ETF's. We will just have to rely on natural adoption growth and also adoption of the Light Network in mainstream applications and also ecommerce. The SEC thing just gave people hope and that was over sold by the mainstream media.
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LimePleasant
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September 06, 2018, 02:51:54 PM |
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I also think that the rise of Bitcoin's price depends mostly on the popularity wich will be given by adoption by merchants and people overall that will be able to buy more and more things with BTC.
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hadveach
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September 06, 2018, 03:16:03 PM |
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we will see the results when the SEC gives a good decision for the ETF, does it create an increase or not change and the volatility continues to spin short?
during correction and bearish, bitcoin always gives us fake hopes, so I think the crypto world is full of unclear speculation.
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kryptqnick
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September 06, 2018, 03:55:49 PM |
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Will the current enhancements arrive in time to fuel the next parabolic price increase?
I think this is exactly what bitcoin needs. All these traders, holders and ICO investors are making the wrong impression about cryptocurrencies. They were created as an alternative to fiat, something to help with transactions and huge banking fees (especially when we are talking about cross-border payments). Merchants should accept the main cryptocurrencies as payment and people will finally be able to use them as money, not as assets. We don't need ETF, we need the world where we can earn money in cryptos and spend it in cryptos without turning to fiat.
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kamoto
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September 06, 2018, 04:35:30 PM |
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Well ... logically, for a price increase, you need some positive event. This is a very good event. Therefore, why not raise the price? Of course, this will not be a 100% probability of a positive outcome of the events. However, it is quite possible that the price can really rise a little ... but global growth is unlikely to happen ... this will not be enough.
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Agaventy
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September 06, 2018, 04:35:44 PM |
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it is really hard to assume anything here but if you analyzed the market then it will be easy for you to make a sure decision, but as far I know I think it will do quite well in the future
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jack.anroid
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September 06, 2018, 05:10:32 PM |
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If I consider privacy and merchant adoption then I would say privacy can be a factor too in coming times. And talking about merchant adoption, I believe everyone will agree with its potentiality
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Briceson Duncan
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September 06, 2018, 05:14:13 PM |
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I agree with your statement. Yeah it is possible to fuel the price by these two things. Specifically I believe merchant adoption is looking more effective to increase the price rise
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Dashaaraily
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September 06, 2018, 05:23:09 PM |
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It is obvious that merchant adoption is going to affect the price rise. There is no doubt about it. But the problem is it’s not looking possible to be happening soon as we don’t see any big initiatives regarding this
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MrRiuss
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September 06, 2018, 06:53:35 PM |
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Everybody is talking about ETFs, but I don't believe that they will be the fuel for the next price rise. As Bitcoin moves further towards being a store of wealth, and merchant adoption increases as secondary services like the lightning network stabilise, they seem more likely to trigger the increase in value. The price of Bitcoin seems to be cyclic, and to add a zero to the price every two years. I think we have missed the chance in the current cycle, but the one due in the summer of next year looks to be on target. Will the current enhancements arrive in time to fuel the next parabolic price increase?
i dont think so, move up or down is depend on the market maker aka big fish.
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scooby_doo23955
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September 07, 2018, 04:18:52 AM |
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It looks like you are right that we have missed this cycle. I don't know what is the main reason behind it, but postponing the ETF could be the one. I hope we will see expected scenario next year.
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CoinMarKetHW
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September 07, 2018, 04:21:44 AM |
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Yes what you have said is highly aggreable. We did not need ETF in the past and even now the market is going fine without it. We should really stop fussing about ETF and concentrate more on the current coins who are doing quite well in the market.
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kayakcrypto9875
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September 07, 2018, 04:24:09 AM |
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I also think that Merchant adoption is the best thing for bitcoin price rise. But the main problem is it will take much time from my opinion. The price fluctuations is the main problem behind it.
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darklus123
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September 07, 2018, 04:38:21 AM |
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I really am looking forward with the merchant's adoption. More than the ETF. Mass adoption has always been so successful towards bitcoin price increase for the past years.
Plus I am 100% sure that only the large btc holders who will be benefiting alot from ETF. We have reached that top before without it and we will surely goes back and even more.
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BarnabyETH
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September 07, 2018, 04:46:04 AM |
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I believe Bitcoin is the future to the digital transaction system. Many investors believe that the merchant adoption might full of the market. Bitcoin ETF is believed to bring a positive impact in the market. Let's see what happens.
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btCHOOop
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September 07, 2018, 04:47:54 AM |
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Yeah i am really agree with. I am not saying that BTC ETF won't be a good thing but merchant adoption can give the real boost to the price of bitcoin. And many people have started accepting bitcoin already.
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dalin19
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September 07, 2018, 04:50:13 AM |
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If we see blockchain technology has progress then the price will be increasing and make secure investment. it will be ensure profit because of the investor always hopes for a better future. they have trust of this technology.
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Stumbleupon
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September 07, 2018, 05:00:02 AM |
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Yes, I also think that the next mass adoption might fuel up the market. If Bitcoin ETF gets adopted, it will help in widespread exposure of Bitcoin and which will bring a significant impact in the market. Let's see what happens.
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0t3p0t
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September 07, 2018, 05:09:46 AM |
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Everybody is talking about ETFs, but I don't believe that they will be the fuel for the next price rise. As Bitcoin moves further towards being a store of wealth, and merchant adoption increases as secondary services like the lightning network stabilise, they seem more likely to trigger the increase in value. The price of Bitcoin seems to be cyclic, and to add a zero to the price every two years. I think we have missed the chance in the current cycle, but the one due in the summer of next year looks to be on target. Will the current enhancements arrive in time to fuel the next parabolic price increase?
ETF's can be a game changer but I think it is just a bonus for me as we all know how Bitcoin grow that fast from it's existence until now. I think Bitcoin with privacy and merchant adoption could fuel the next price rise in a natural way. Some people believe ETF's cmay change the story but for me it is just a bonus factor that might give a little rise of prices as we all know that this asset is a community driven one.
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Hablinfuld
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September 07, 2018, 05:15:59 AM |
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We need to focus and see that the market was running up and about all these years without ETF. Even when we did make the fuss about ETF the market took a huge fall and the coins were in a dip which even led to their doom. So, we need to stop giving the attention to ETF.
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