|
funchiestz
|
 |
May 06, 2019, 01:49:26 PM |
|
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
The expectation of ETF in Bitcoin has been a long time. I don't think it will be effective even in pricing anymore. Bitcoin got over that ETF issue. |
|
|
|
|
|
CryptoBry
|
|
May 06, 2019, 02:39:08 PM |
|
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
Months ago, there was this strong buzz about ETF and how its approval by SEC can trigger the dreamed bull run. But recently, I think people are already tired talking about and definitely many have accepted that ETF may not be happening soon. Therefore, many are now concluding that the bull run can happen without the ETF infrastructure in place. And I think that is a good development. We should be taking ETF as a bonus rather than the very heart of Bitcoin's survival and adoption. |
|
|
|
|
The Cryptovator
Legendary
 Offline
Activity: 2394
Merit: 2223
Signature space for rent
|
|
May 06, 2019, 04:23:58 PM |
|
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
Same here, it's been year we are all hearing about ETF. But seems it was a just drama. If we see on last bull run there was no any ETF news, so its not important for btc. Of course ETF would be better for bitcoin but it doesn't mean bitcoin would not run without ETF approval. To be honest, ETF news just making trouble on bitcoin trend. Its just better to keep silent about bitcoin ETF. Never mind if SEC don't want to approved ETF application. |
Signature Space for Rent
|
|
|
7788bitcoin
Legendary
Offline
Activity: 2282
Merit: 1023
|
|
May 07, 2019, 07:38:39 AM |
|
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
I am hearing about ETF for a long time and the hype behind it was tremendous a few years back and SEC was rejected it for a long time and now no one is interested nor there is any hype and until there is a clear regulation regarding the market you might not see that happening before that, there is a lot of speculation that it might be accepted this year, but until they approve we can just speculate, but what ever be the situation now it will get approved eventually, if it is approved then it will boost the market. |
|
|
|
|
stfN2128
Member
Offline
Activity: 882
Merit: 14
|
|
May 07, 2019, 07:44:17 AM |
|
It won't happen, if ever, for a long, long, long time.
Some people think they're being nasty by not approving one. Why would they approve anything with the slightest risk of not being able to do the job they're tasked with? The power they have to create them only exists alongside the ability to police them. If they can't do that, they won't rubber stamp it.
Exchanges in general are getting less cowboyish, but they're in more and more countries.
I expect by the time an ETF ever is approved it will have been long superseded by a bunch of other products that will have routed around the restrictions they throw up.
Hmm, not sure. as long as the govs can earn money, this greedy suckers approve everything. and it's easier to get detailed informations by a big institution as from a bunch of individuals. It's a lot easier for the most of the guys to buy an ETF into their depot as buying bitcoin on the current way. i don't think it will take so much time till an ETF will be approved. |
|
|
|
|
Vispilio
Legendary
Offline
Activity: 2128
Merit: 1657
|
|
May 07, 2019, 10:19:34 AM |
|
Owning an ETF is not the same as holding the crypto currency it represents, so it introduces an additional layer of counterparty risk.
Any structured product is only reliable as the bank / institution that issues it, so ETF's don't really fit to the decentralized nature of crypto assets.
|
|
|
|
peter0425
Sr. Member
Offline
Activity: 2828
Merit: 458
Vave.com - Crypto Casino
|
|
May 07, 2019, 02:23:50 PM |
|
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
I am hearing about ETF for a long time and the hype behind it was tremendous a few years back and SEC was rejected it for a long time and now no one is interested nor there is any hype and until there is a clear regulation regarding the market you might not see that happening before that, there is a lot of speculation that it might be accepted this year, but until they approve we can just speculate, but what ever be the situation now it will get approved eventually, if it is approved then it will boost the market. Yep, a lot of buzz in 2017, I remember it very well because it was the first time I witnessed the price goes to 4 digits after the hype on Winklevoss application but after it was rejected in Feb the price goes down hard but eventually it recovered. The thing is that we don't have control over it so it's very very difficult to speculate. |
|
|
|
Herbert2020
Legendary
Offline
Activity: 1946
Merit: 1137
|
|
May 07, 2019, 02:59:56 PM |
|
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
I am hearing about ETF for a long time and the hype behind it was tremendous a few years back and SEC was rejected it for a long time and now no one is interested nor there is any hype and until there is a clear regulation regarding the market you might not see that happening before that, there is a lot of speculation that it might be accepted this year, but until they approve we can just speculate, but what ever be the situation now it will get approved eventually, if it is approved then it will boost the market. Yep, a lot of buzz in 2017, I remember it very well because it was the first time I witnessed the price goes to 4 digits after the hype on Winklevoss application but after it was rejected in Feb the price goes down hard but eventually it recovered. The thing is that we don't have control over it so it's very very difficult to speculate. most of the drops in 2017 weren't that big really. specially this one after the ETF. it just got lucky and had a good timing which coincided with the correction of the big rise at the time and seemed like it is pulling the price down. and it was in the early stages of the rise so people were already in fear of the "end of the rise" whereas price was still lower than current value. so the drop might have looked big. in other words ETF never had that big a effect on bitcoin. |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
|
|
|
|
||bit
|
|
May 07, 2019, 08:28:55 PM |
|
Hey guys, i am really interested in this ETF. It's been a year since we i am hearing this. What are your thoughts on this? Do you think we are going to have an ETF? Cheers!
The expectation of ETF in Bitcoin has been a long time. I don't think it will be effective even in pricing anymore. Bitcoin got over that ETF issue. No, you are very wrong. Let me give you an example, for instance when a token listed on binance, it pumps. But this is just speculative, the token is the same token but when that token delivers a product, maybe a unique one, that is real progress and that is real value gain. About ETF the price rise will be speculative maybe with the announcement. But approving of ETF is opening a door for btc full of money. And that money will pour into bitcoin. And that will cause real growth, not the speculative one. It will eventually get approved, and it will great for all of us. |
|
|
|
|
Leonardo7
Member
Offline
Activity: 686
Merit: 15
|
|
May 08, 2019, 04:11:30 AM |
|
Cryptocurrency market is doing just fine without the SEC approval of the ETF and they are wondering how to even control the system, so what they really understand an in-depth understanding off might be difficult for them to approve, with or without them, the market is going to grow stronger and ETF might beg BTC in the future.
|
|
|
|
|
|
cabron
|
|
May 08, 2019, 04:29:27 AM |
|
I also believe they are not going to approved any ETF. They have denied all the had been submitted to them so its true there ain't going to be BTC ETF not a chance in my life time. Knowing that they can't control BTC and can't enforce anything to it, they'd rather be sticking their nose to where they have the authority.
|
|
|
|
marycrazy08 (OP)
Jr. Member
Offline
Activity: 83
Merit: 1
Peace and love
|
|
May 08, 2019, 05:00:32 AM |
|
Cryptocurrency market is doing just fine without the SEC approval of the ETF and they are wondering how to even control the system, so what they really understand an in-depth understanding off might be difficult for them to approve, with or without them, the market is going to grow stronger and ETF might beg BTC in the future.
Yes, i got your point sir, however, i dont think this current market is sufficient in a long run. We need fresh and big money into crypto to be more liquid. We also need tighter rules to prosecute scammers and hackers. |
|
|
|
|
|
