Bitcoin ETF .. do we really need it?

BeGoods

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Quote from: Parabellun1917 on November 30, 2018, 05:39:47 PM

Quote from: ICOselector2018z on August 08, 2018, 08:51:00 PM

The SEC decided to postpone a decision on the Bitcoin ETF for 45 days. The crypto community did not take this news well, with the market dipping almost 10% as a response. In this video I ask a very important question.. do we even need the Bitcoin ETF.

https://www.asiacryptotoday.com/bitcoin-etf-do-we-really-need-it/

Hello! Honestly, I do not think this is so necessary. And I do not believe that this news will make the market grow. But this is just my personal opinion.

Of course its grow, are you still in doubt about the influence of the news? news that makes users buy and sell, especially ETFs will make the market wider, of course the influence is very large for the market. we need that..

hyunee

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We really need ETF. Did you know what happened to gold when ETF was approved? It dramatically rose up high and became stable. Imagine what will happen to cryptocurrency once this thing happen. Cryptocurrency prices will increase also and this will make our market go bullish.

Quote from: manggis97 on March 26, 2019, 12:02:02 AM

In 2017 crypto was bull market without any news about Bitcoin ETF approved, so we not really need it to trigger bull market because this bullish trend can be come with anothers news. There are alot of others mass adoption of crypto so not only depend on the Bitcoin ETF crypto will raise.

Are you sure we don't need ETF? What happened when ETF was disapproved more than one time? There was a decline of price in bitcoin. See, it depends on ETF.

manggis97

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In 2017 crypto was bull market without any news about Bitcoin ETF approved, so we not really need it to trigger bull market because this bullish trend can be come with anothers news. There are alot of others mass adoption of crypto so not only depend on the Bitcoin ETF crypto will raise.

wayaneka

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Bitcoin ETF possible to increase demand of Bitcoin so i think we really need it, Bitcoin and others cryptocurrency need more adoption to make crypto market bigger and more people interesting to invest in to it. If approved it the market cap of crypto possible to increase to more than $1 triliun because more investor will jump in to crypto.

Oilacris

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Quote from: omonuyak on February 02, 2019, 03:19:32 PM

For now it has surpassed that level that we would said we did not need ETF. I think it could have been better if the issues of ETF do not come up in the first place as bitcoin is money and the ETF reduce it values as money.

With all of those successive rejection from SEC aren't they not getting tired of it? Since SEC reject it for how many times then people believed that they really don't want ETF in the market since it doesn't bring any effect of the price. A clear manipulation just pushed the price so it would look like it has an effect prior to that rejection.

omonuyak

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For now it has surpassed that level that we would said we did not need ETF. I think it could have been better if the issues of ETF do not come up in the first place as bitcoin is money and the ETF reduce it values as money.

mornabo

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Quote from: sedahan13 on February 01, 2019, 05:22:04 AM

Bitcoin ETF will bring more investor in to Bitcoin and others cryptocurrencies so we really need it. By approved it by SEC, Bitcoin will be become new asset class so more people in the world will interesting to invest in to BTC. We areally need it to push the price going up. If approved it BTC has potential to going up another 10 times more.

Yeah we need it actually, from that of course bitcoin market will be wider and expand and invite many prospective users to enter. but we cannot intervene in the SEC's decision. Even though he refused, it was not a problem? bitcoin will continue to run and develop with or without SEC

sedahan13

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Bitcoin ETF will bring more investor in to Bitcoin and others cryptocurrencies so we really need it. By approved it by SEC, Bitcoin will be become new asset class so more people in the world will interesting to invest in to BTC. We areally need it to push the price going up. If approved it BTC has potential to going up another 10 times more.

Parabellun1917

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Quote from: ICOselector2018z on August 08, 2018, 08:51:00 PM

The SEC decided to postpone a decision on the Bitcoin ETF for 45 days. The crypto community did not take this news well, with the market dipping almost 10% as a response. In this video I ask a very important question.. do we even need the Bitcoin ETF.

https://www.asiacryptotoday.com/bitcoin-etf-do-we-really-need-it/

Hello! Honestly, I do not think this is so necessary. And I do not believe that this news will make the market grow. But this is just my personal opinion.

duyduc256

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Quote from: lenovop-70 on November 28, 2018, 07:44:01 AM

ETF need for develope the blockchain,
But "whale" use this issue to make play with the price, all we need just what date really sure it will be approved, does anyone know the exact date will be ?
All i need is ETF right now, if i allowed to ask, i need pump and exit the trade safely.

Everyone is thinking like you and it is really hard to make a profit in this market because the risk of investing is very high. I think that if the ETF investment fund is to enter the market, Bitcoin will soon return to $ 20,000.

lenovop-70

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ETF need for develope the blockchain,
But "whale" use this issue to make play with the price, all we need just what date really sure it will be approved, does anyone know the exact date will be ?
All i need is ETF right now, if i allowed to ask, i need pump and exit the trade safely.

sinkfish

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No needed at the moment, but not necessary a bad thing either. it would be a great addition nonetheless.

btc_angela

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Quote from: Nellayar on November 28, 2018, 04:45:19 AM

We need Bitcoin ETF right now! The price of bitcoin still loow even there is a small pump happening today. Bitcoin ETF is the only hope of the people. If it will be a positive news then the price of bitcoin will follow. A lot of criticism in cryptocurrency nowadays but still I am hoping that soon it will recover.

You are right. I think at this point we need something to push and create some momentum. So for me Bitcoin ETF could be the catalyst, I know we grew tired waiting for the SEC decision, but all is not lost because it looks like ETF is imminent. And if this happens, more institutional money will flow that might create the bull run we all have been waiting.

Nellayar

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We need Bitcoin ETF right now! The price of bitcoin still loow even there is a small pump happening today. Bitcoin ETF is the only hope of the people. If it will be a positive news then the price of bitcoin will follow. A lot of criticism in cryptocurrency nowadays but still I am hoping that soon it will recover.

Hirokook

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i think i don't need this. it's not necessary at this time. this is my opinion

Distinctin

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Quote from: Alexey1 on November 27, 2018, 04:29:07 AM

Bitcoin ETF .. do we really need it? - it depends on ETF. As for CBOE, it is a physical bitcoin ETF, it stays true to the bitcoin you own in underlying. So I'm for it.

If it will make the price of bitcoin to be back on it's great days then I guess we really need it.
There are speculations this year, with this ETF the price pump a little but after denial it has dump so in short, it's really important to get approve to
have a good effect in the market.

Alexey1

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Bitcoin ETF .. do we really need it? - it depends on ETF. As for CBOE, it is a physical bitcoin ETF, it stays true to the bitcoin you own in underlying. So I'm for it.

wuvdoll

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Quote from: ICOselector2018z on August 08, 2018, 08:51:00 PM

The SEC decided to postpone a decision on the Bitcoin ETF for 45 days. The crypto community did not take this news well, with the market dipping almost 10% as a response. In this video I ask a very important question.. do we even need the Bitcoin ETF.

https://www.asiacryptotoday.com/bitcoin-etf-do-we-really-need-it/

When asked about this couple weeks ago I was saying we really do not NEED it but it would be nice to have it just in case. However, right now we really do need it like hell because they will be the only ones who can fight these "bitcoin whales" because we can't.

If Craig wants to sell all his coins and drop the price that's fine because if there was ETF going on and people were putting money into it that would mean there were big banks who expect the price to go up in order to get more investors, hence if the price goes down they would spend money to keep it higher for their investors, specially at the beginning so they can attract more investors later on.

An ETF that loses money of its first ever customers will not go big so they will work hard to keep the price high and that means even if Craig spends a billion dollars to keep it low, finance world will cover that difference and take it higher. Hence we really really really need it right now.

Netnox

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With the markets in such a bad state, I don't think that SEC will ever permit the approval of the ETFs. They just need some excuses, and with the ongoing crash they got what they wanted.

rodskee

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Until now there is nothing clarification about the US sec for the etf Approval
I don't think etf can help for bitcoin become stroger again
And i don't understand why us sec always delay tge decision of approval
People will understand if the sec decide to junk the etf in the garbage

Topic: Bitcoin ETF .. do we really need it? (Read 674 times)