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Topic: Bitcoin ETF is finally here? (Read 494 times)

hero member
Activity: 2590
Merit: 650
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March 14, 2019, 06:25:39 PM
#49
Even if bitcoin ETF is approved, it is unlikely that the price of bitcoin will go up. When bitcoin ETF is approved, there will be many big investors coming into the market, but that doesn't mean that prices will increase. So don't expect too much bitcoin ETF, pay attention to the development of technology and its practical application.
Although it was block chain ETF that was approved not Bitcoin ETF but upu said it yourself that most investors will come into the market if Bitcoin ETF was approved which mean the won't just join the crypto race but yp invest their money. So, do you think the price of Bitcoin won't surge since more investors will enter the market.
full member
Activity: 756
Merit: 231
March 13, 2019, 08:31:24 AM
#48
If Bitcoin ETF will be approved,  this will be a huge step ahead for btc's future. Not only the price will get more stable, but many new investors might come on market and adoption rate could increase significantly.

Bitcoin ETF when approve will actually trigger adoption of cryptocurrency. The major aspect of this market(cryptocurrency) is all about adoption and when this is done the entire market will receive a new dimension. 
member
Activity: 266
Merit: 18
March 13, 2019, 08:19:28 AM
#47
Even if bitcoin ETF is approved, it is unlikely that the price of bitcoin will go up. When bitcoin ETF is approved, there will be many big investors coming into the market, but that doesn't mean that prices will increase. So don't expect too much bitcoin ETF, pay attention to the development of technology and its practical application.
hero member
Activity: 3038
Merit: 647
March 13, 2019, 07:36:10 AM
#46
If Bitcoin ETF will be approved,  this will be a huge step ahead for btc's future. Not only the price will get more stable, but many new investors might come on market and adoption rate could increase significantly.

If you're taking about US SEC's approval for a bitcoin ETF then yeah probably it will really have a positive effect but I won't say it will be stable, we still don't know how will the market will react except that everyone is saying that the price could go on another level. So all eyes on US right now as expectations are very high for a approval.
I would not doubt it's chance to get approved, I'm sure it's gonna happen soon.
People is not hyping it and it seem they have forgotten it as they failed their expectation many times in the past.

Crypto is a place of high risk investors and the market is very unpredictable, when we least expect it, it will come, so for now we need to wait and see.
hero member
Activity: 2604
Merit: 542
March 13, 2019, 04:44:16 AM
#45
If Bitcoin ETF will be approved,  this will be a huge step ahead for btc's future. Not only the price will get more stable, but many new investors might come on market and adoption rate could increase significantly.

If you're taking about US SEC's approval for a bitcoin ETF then yeah probably it will really have a positive effect but I won't say it will be stable, we still don't know how will the market will react except that everyone is saying that the price could go on another level. So all eyes on US right now as expectations are very high for a approval.
member
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March 13, 2019, 01:07:11 AM
#44
If Bitcoin ETF will be approved,  this will be a huge step ahead for btc's future. Not only the price will get more stable, but many new investors might come on market and adoption rate could increase significantly.
jr. member
Activity: 378
Merit: 4
March 12, 2019, 07:47:39 AM
#43
Wait for 2020.etf and bitcoin's run wll be the same date and i think middle of 2020 is the possible date for this.market maker will decide the exact date
full member
Activity: 980
Merit: 114
March 12, 2019, 07:20:39 AM
#42
Yes this will have large impact on the market because if bitcoin make it through the ETF that will allow the more adaptation and legal and regulated framework that will burst investors confidence.
member
Activity: 713
Merit: 31
March 12, 2019, 06:08:28 AM
#41
This news market has been a long time and as we have seen, it has no effect on the price. These guys don't let us for make money with the arrangement they make.
full member
Activity: 419
Merit: 100
March 12, 2019, 03:51:32 AM
#40
The long awaited bitcoin ETF or exchange traded fund which is going to provide free accessibility to the trading index platform for all the people from any part of the world, there will be increased transparency in each trading transactions carried out all over the world and the risk factor in investing on crypto currencies will be reduced this ETF has the possibility to reduce fraudulent activities carried out through the crypto graphic network such as hacking. Infact this whole ETF has the capability to reduce the risk factor of bitcoin transactions thereby attracting more new investors to bitcoins which helps in increasing the price of bitcoins due to increased demand for bitcoins.
sr. member
Activity: 2618
Merit: 439
March 12, 2019, 03:50:20 AM
#39
ETF in US which is determined by US-SEC is the most hyped up thing in bitcoin world otherwise ETF itself means nothing at all. if you do some search you can clearly see that other countries have already approved some ETFs for instance I know of Japan which already have approved an ETF, there is Canada, and if I am not mistaken Sweden already has it or were considering its approval and was very close.
This what matter most. US is one of the biggest crypto traders right now so if we're ever get to see SEC approved it then it will have a huge impact compare to other countries ETF approval. It's good though if other countries will have it's Bitcoin ETF's however, the holy grail is the US of A.
full member
Activity: 1750
Merit: 118
March 12, 2019, 03:30:09 AM
#38
How I wish this was by the US-leg SEC that did approve ETF, I believe by now, the whole market would have been green. a massive buying would have been taking.
We are so much hopeful for this one but I still see this news as a good one since London is also a great place and I know they can attract more investors. We are getting closer into this ambition, the US-SEC will approved the ETF very soon, let’s have patience and monitor the market.

Bitcoin ETF doesnt really give any significant changes in the market, not unless if people get too much hyped just any other good news un cryptospace. Good news brings hype to the investors. On the other hand, the US SEC approval will be the most anticipated Bitcoin rise, since it brings too much hype from the people already.

yes , etf itself dont have a big impact on the price but this was considered a good news and if people hear a good news they will invest more in crypto .

by the way , i thought that etf were already accepted a few months ago  ?  that was also the cause for the price to increase above 4k but now i see another news again about etf  

. hmmm which one is telling the truth   ?  other times i can also read a news about the decline and delayed of sec's etf  .  im confuse to be honest  
hero member
Activity: 3038
Merit: 647
March 12, 2019, 03:25:37 AM
#37
This is a good news but there is no impact in the market.

We can use this information to analyze that we have a big chance that the US ETF will be approve, soon I believe we will finally hear that news.

Slowly but surely we will be getting there, I am already getting used to this kind of news that has no effect in the market, I guess it's because people has not change their minds yet, they are still bearish until now. Let's just wait and see, hopefully a big surprise is coming.
copper member
Activity: 140
Merit: 3
March 12, 2019, 03:23:11 AM
#36
Investing in blockchain related businesses will still be more profitable than most stock on a regular exchange. It might improve perception and introduce more to crypto
hero member
Activity: 966
Merit: 552
March 12, 2019, 02:04:06 AM
#35
It was a good decision to rather ask a question about the ETF and not making a statement that a ETF was launched in the UK. As it turns out, this is not a actual ETF where physical bitcoins are bought and sold, almost like the Bitcoin Futures that was launched in many other countries.

It might also not be based on Bitcoin, but some other Blockchain technology.  Roll Eyes
Yes you are right it is not bitcoin ETF but it is stocks ETF which addopt the blockchain technology,  it will not be competitor of bitcoin because it is not decentralize they are like common stocks. However i don't think that bitcoin needs ETF because bitcoin has proof of work and it does not  need third party all of regulation in bitcoin based on the blockchain and proof of work (PoW). We have full of control on our bitcoin, It is more better than ETF of stocks market.
legendary
Activity: 3430
Merit: 1957
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March 12, 2019, 01:19:10 AM
#34
It was a good decision to rather ask a question about the ETF and not making a statement that a ETF was launched in the UK. As it turns out, this is not a actual ETF where physical bitcoins are bought and sold, almost like the Bitcoin Futures that was launched in many other countries.

It might also not be based on Bitcoin, but some other Blockchain technology.   Roll Eyes
newbie
Activity: 11
Merit: 0
March 12, 2019, 12:34:57 AM
#33
If ETF is there then it will be the great news .
full member
Activity: 742
Merit: 144
March 12, 2019, 12:32:39 AM
#32
ETF in US which is determined by US-SEC is the most hyped up thing in bitcoin world otherwise ETF itself means nothing at all. if you do some search you can clearly see that other countries have already approved some ETFs for instance I know of Japan which already have approved an ETF, there is Canada, and if I am not mistaken Sweden already has it or were considering its approval and was very close.

This I agree people are posting how important the United States approval, when in fact we can move it without it, so many investors are waiting for the US announcement, if they approve it that's great if they cannot then we can move on, but there's to much delay now with their announcement.
I see, maybe this is the reason why even if we heard good news around the world if its not about US it will not make any big impact. Anyway, thanks for this clarification but still a news like this will important to me. I know every positive news with regards to cryptocurrency can make the market pump even if its just a small one.
sr. member
Activity: 2590
Merit: 322
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March 12, 2019, 12:03:30 AM
#31
The most anticipated bitcoin ETF is the US-SEC approved ETF which is the one every investors  believed will have a significant impact on the price of bitcoin, this London approved one might not triggers any pump in the price of bitcoin of course since it approval by the London based SEC according to the above report I have not seen any pump in the price of bitcoin usually news of thus nature must generated a lot of media hype thus entice investors to putting in funds in to cryptos.
legendary
Activity: 3444
Merit: 10558
March 12, 2019, 12:03:18 AM
#30
for what it's worth ETF is only hyped up these days because price has been in a downtrend for over a year and during that downtrend people were mostly desperate and were looking for anything that could reverse that trend and ETF being in the news became that "thing" they caught and put under magnifying glass and started hyping it up.
i assure you that when the rises begin in a couple of months where price constantly has 10-20% rises every two weeks, everyone is going to forget about ETFs.
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