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Author Topic: Will bitcoin reach 10k, if Bakkt etf gets approved?  (Read 274 times)
vladimir21
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October 08, 2018, 07:19:33 PM
 #1

What do you think guys, will bitcoin get to 10k if Bakkt gets approved or perhaps other etfs?

I believe november 5 is the deadline for etf approval, so perhaps until this date we can see a bitcoin price spike to like 7-8k range? What do you think
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October 08, 2018, 07:34:49 PM
 #2

One rabbi will say “Yes”; another rabbi will say “No”.
I remember when BTC was about 3k people were panicking it'll be the end because when bitcoin derivatives or some other shit like this was going to start and nothing wrong happened, even contrary - it rose and rose.
If this make to national news then BTC will probably go up.

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October 08, 2018, 07:39:06 PM
 #3

I think that an ETF will have little short term influence on the price of bitcoin, long term it might increase the price through greater reach to the market. I don't think that any ETF will be approved in 2018, I wouldn't be surprised if it takes until 2020, always with these things there need to be constant iterations until the SEC is finally happy with what's being proposed.

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October 08, 2018, 07:49:19 PM
 #4

I think that an ETF will have little short term influence on the price of bitcoin, long term it might increase the price through greater reach to the market. I don't think that any ETF will be approved in 2018, I wouldn't be surprised if it takes until 2020, always with these things there need to be constant iterations until the SEC is finally happy with what's being proposed.

There is a high chance that bakkt will get approved specially because it has very big names in it, and the proposal makes alot of sense
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October 08, 2018, 07:51:26 PM
 #5

CBOE and Bakkt ETFs are very important. This is very important not only for today but also for the future of the crypto money market. But if you get approval, we can easily pass 10K for Bitcoin price.

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October 08, 2018, 08:00:52 PM
 #6

CBOE and Bakkt ETFs are very important. This is very important not only for today but also for the future of the crypto money market. But if you get approval, we can easily pass 10K for Bitcoin price.

Hhmm ..don't be surprised price isn't going to get there any time now till we say a welcome to 2019 . ETF is not actually the issue of bitcoin, it was not approved when price climaxed last year. The more confidence built on the technology, more people invest and price will increase, then SEC will be interested to approve.

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October 08, 2018, 08:01:16 PM
 #7

i think Bakkt etf is really so important one and if it gets approve there is a chance to reach bitcoin 10k usd.but etf influence will not make long influence in crypto market.by the way i hope bakkt etf will get approve.
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October 08, 2018, 09:13:47 PM
 #8

Only $10k? You must have a small mind Cheesy With bakkt and ETF bitcoin will pump to the moon again, think $20k and all time highs. Even if only one is approved there will be a pump, but with both we're talking triple price increases

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October 08, 2018, 09:57:38 PM
 #9

Only $10k? You must have a small mind Cheesy With bakkt and ETF bitcoin will pump to the moon again, think $20k and all time highs. Even if only one is approved there will be a pump, but with both we're talking triple price increases

I like your thinking but let's not be greedy. We need for the trend to turn, to show investors that bulls are still there. I'd be very satisfied with 8k. This would ensure a reversal and the rest would work out on its own. I know that many investors who sold at 10k level or above it did not leave and forget about an asset that multiplied their investment by 10 in 6 months. We all know this is a life changing opportunity. If Bitcoin begins its climb again there's no stopping it below 20k.

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October 08, 2018, 10:39:55 PM
 #10

I didn't know that we are about to wait for something like this on November. Bakkt is well known so as long as its going to be positive, impact will positive to the market as reflection and $10,000 wouldn't be only limit but the sky is.



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October 08, 2018, 11:15:58 PM
 #11

I do wish that it will get approved,at least it can push the btc price going up, and once the positive trend start to happen then there is a chance new investors will invest and 10k will be easily achieve, but I don't want to get my hopes up,there has been so many times that the proposal being rejected


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October 09, 2018, 06:57:48 AM
 #12

i don't understand what does Bakkt has anything to do with ETF and why some people are saying "Bakkt ETF", they don't have any ETF as far as i know. Bakkt is more like a cryptocurrency exchange that will start in near future and some people are speculating that this new service/company because of the way it is can pave the way for ETF approvals such as CBOE and Winkle ETFs.

to answer your question if ETF is approved it can be as  the ignition of the rise to come but a lot of other things can also be that ignition. so in other words we  don't need ETF for reaching $10k and beyond.

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October 09, 2018, 07:29:14 AM
 #13

the bitcoin market is so ready these days that any kind of positive news can trigger the start of the rally and $10k is not a problem at all since in my opinion the real value of bitcoin is somewhere around $9k-$10k which means going back to $10k is just going back to real price from this current undervalued prices.
ETF and Bakkt are only examples of what a positive news  can be and people are too focused on them that they are missing the bigger picture which is the accumulating that is happening by the whales.

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October 09, 2018, 11:54:30 AM
 #14

What do you think guys, will bitcoin get to 10k if Bakkt gets approved or perhaps other etfs?

I believe november 5 is the deadline for etf approval, so perhaps until this date we can see a bitcoin price spike to like 7-8k range? What do you think
Any time ETF is approve bitcoin is going to get serious pump and that might signal a new part to bullish trend.  The reason why bitcoin created an uncertain prices'direction was as a result of investors waiting for the outcome of the ETF issues before putting in there investments.  I have been following this ETF events for quite some time now and I believe that we just need to pray for it to get and $10,000 it will surely cross.
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October 09, 2018, 01:06:24 PM
 #15

What do you think guys, will bitcoin get to 10k if Bakkt gets approved or perhaps other etfs?

if the ETF ( VanEck Bitcoin ETF ) were approved, then we would have more conditions to see prices like the $ 10,000, see this article:

CNBC’s Ran Neuner Says ‘Bitcoin Is About to Explode,’ Points to Pending ETF Decision

But realistically, all 9 ETFs will be denied

What do you think?

as I said: all 9 ETFs will be denied

Only $10k? You must have a small mind Cheesy With bakkt and ETF bitcoin will pump to the moon again, think $20k and all time highs.

I agree, but I agree if VanEck Bitcoin ETF is approved

 
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October 09, 2018, 01:09:08 PM
 #16

I really think we should stop thinking about the ETH for a moment and stop thinking that we can reach a $10,000 USD price this year Because my opinion would still be the same, Even if ETF would approve it will still be at the same price, And because we are in a bearish state it is usually that we are experiencing some drops every now and then, And don't be impatient even if you can't see your desire price right now or within this given year, It is still possible to attain it in some other years to come.

 
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October 09, 2018, 02:50:50 PM
 #17

What do you think guys, will bitcoin get to 10k if Bakkt gets approved or perhaps other etfs?

I believe november 5 is the deadline for etf approval, so perhaps until this date we can see a bitcoin price spike to like 7-8k range? What do you think
What a bullshit idea that this damn ETF is always being used to boost the fool here in cryptosystem to expect another thing that will never happen.

Please guys stop ETF issue and lets be contented about what is the value and prices now.because we're on a semi stable market now and enough to profit and gain income for trading

 
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October 09, 2018, 05:52:29 PM
 #18

No. ETFs dont have any impact on price. Actually I fear they might have a negative impact, but I have a bias against regulations.

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October 09, 2018, 05:54:54 PM
 #19

Even if ETF would approve it will still be at the same price

Impossible to say at this point. If there is an event that justifies the price to boom, then it's definitely an approval of the Vaneck ETF. This is the first legal instrument that offers long term exposure to Bitcoin, and at the same time takes actual coin supply out of circulation. If I'm not mistaken, it could even fit into people's 401k, so it's a pretty damn big deal.

The futures last year shouldn't have moved the price one single bit with how they don't contribute to this market in any way. It's an empty product stimulating short term price betting, and that's really it. People thought it would bring in much needed institutional capital, which it obviously doesn't since it's completely cash settled. An ETF does.

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October 09, 2018, 06:27:03 PM
 #20

What do you think guys, will bitcoin get to 10k if Bakkt gets approved or perhaps other etfs?

I believe november 5 is the deadline for etf approval, so perhaps until this date we can see a bitcoin price spike to like 7-8k range? What do you think
What a bullshit idea that this damn ETF is always being used to boost the fool here in cryptosystem to expect another thing that will never happen.

Please guys stop ETF issue and lets be contented about what is the value and prices now.because we're on a semi stable market now and enough to profit and gain income for trading

Look at gold etf and price increase after that uneducated retard.
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