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Topic: Bitcoin ETF is finally here? - page 2. (Read 554 times)

sr. member
Activity: 826
Merit: 265
March 11, 2019, 10:38:28 PM
#29
ETF issues only bringing wrong interpretations for many people here as for how many times cryptonians believe that this will bring hype for the market yet they are onky mislead by the issue

For me it wasn’t the ETF is the answer for the market bloomed again instead it was from us who believers to help the crypto by spreading how beneficial this is and when can bring to the world in future
newbie
Activity: 16
Merit: 0
March 11, 2019, 10:08:16 PM
#28
I agree the halfing will certainly increase the price, if a US-ETF will be approved there will be a lot of public eyes and people will start relying more on crypto’s, some people are still scared and don’t understand everything yet regarding this new technology and the future technology.
sr. member
Activity: 840
Merit: 268
March 11, 2019, 09:57:13 PM
#27
Bitcoin ETF was just hype for us. I guess that this thing will occur soon but not this time. Maybe 2 or more years. It's just business. Whales and other people are doing businesses, they really wanted bitcoin to dip so hard for them to gather a lot of money. And when the ETF comes, that's where they will sell.
hero member
Activity: 2926
Merit: 567
March 11, 2019, 09:23:58 PM
#26
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.
sr. member
Activity: 1050
Merit: 254
March 11, 2019, 09:16:26 PM
#25
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.
How do you know it is very soon? It's still unknown but if US-SEC really approved the ETF, i'm sure the price of bitcoin will rocketed up. Not only bitcoin, other altcoins will go up too. The thing is when is that happen, the ETF thing.
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
March 11, 2019, 08:52:00 PM
#24
As we all know, there are a lot of people trying to get Bitcoin to be an ETF. It could bring a significant impact if it happens.

There may be ulterior motives for those passing bills for the launch of one ETF or the other. Hence some of the concerns raised by the SEC about possible manipulations.
In ETF attracting institutional investors, I believe we already have them in the current market through over the counter trades.
ETF would be a plus but not so much of an impact on the value.
People can never stop with the ulterior motives stuff but who can you blame? With the idea of people going into deep stuff to benefit themselves and their selfish intentions. Maybe not totally but a lot of people would benefit from it, that's for sure. I think the manipulation are the ones they are thinking of trying to stop. Ever since the time where there is certain bitcoin manipulation, shown in the link below, they are still hesitant towards Bitcoin.



Some articles that I have researched that is about Bitcoin Manipulation

Bitcoin Market Manipulation Detected by Artificial Intelligence
Much of bitcoin’s 2017 boom was market manipulation, research says
Was Bitcoin Really Manipulated?
hero member
Activity: 2716
Merit: 552
March 11, 2019, 06:40:53 PM
#23
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.
full member
Activity: 2128
Merit: 180
March 11, 2019, 06:30:03 PM
#22
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.
hero member
Activity: 1834
Merit: 566
March 11, 2019, 03:20:55 PM
#21
Ok! so before it becomes cluttered with many posts, lets dive into a very important question!

The question - Is it going to be a physical ETF or a synthetic one?

To find the answer, I visited the website of Elwood Asset Management LLP and looked into their press release dated 11 March, 2019. The press release says,

Quote
The ETF aims to deliver the performance of the Elwood Blockchain Global Equity Index by physically investing in the index constituents. The index offers exposure to
global companies in developed and emerging markets that participate or have the potential to participate in the blockchain ecosystem. It is designed to evolve with the
potential growth of blockchain technology.

So from the above paragraph, it is incorrect to say the Elwood is releasing a Bitcoin ETF and the company itself says that, they are launching "Blockchain ETF". They have no plan to invest in physical cryptos in any way. Rather, they are going to invest in blockchain related businesses. So don't bank on this because no impact comes to the crypto market. Read the press release from the below link,

https://elwoodam.com/press/

Thanks!
 

People are too excited about the news or trying to create some sort of bullish move in the market which I think was the reason they switch the blockchain mentioned to bitcoin because it was already stated as blockchain on every crypto related news site. But, with Elwood Asset Management ETF implementation something good will happen to crypto currency either.
member
Activity: 686
Merit: 15
March 11, 2019, 02:55:39 PM
#20
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.
sr. member
Activity: 882
Merit: 269
March 11, 2019, 02:53:15 PM
#19
That a great and good news and that means bitcoin is about to get pump and make significant upwards movement in some days and months to come.  This ETF has been postponed several times and if it is approve now I believe it will influence the price positively.
sr. member
Activity: 1701
Merit: 308
March 11, 2019, 02:44:00 PM
#18
The news is pretty good too, because for now the bitcoin has started to emerge, the impact of the increase, although not as high as it is important, has not dropped again and is at least stable. I also look forward to the good news from the next ETF about bitcoin and blockhain
legendary
Activity: 1932
Merit: 1273
March 11, 2019, 12:12:01 PM
#17
Do you really see a big impact for this one? Well, i do and I know a news like this will matter. More ETF to come for sure so be ready for the future pump.
It will not make a significant impact. I'm the kind of person that pretty much doesn't care too much about ETF. However doesn't completely bullshitting it since if we look in broader perspective actually, it has some kind of influence in the cryptocurrency market and adoption process.

In another side, People are completely missing the point of Bitcoin nature's and technologies. therefore I'd hope the majority that the ETF process will trigger mainstream curiosity to learn more about Bitcoin.
member
Activity: 210
Merit: 29
March 11, 2019, 12:11:42 PM
#16
As we all know, there are a lot of people trying to get Bitcoin to be an ETF. It could bring a significant impact if it happens.

There may be ulterior motives for those passing bills for the launch of one ETF or the other. Hence some of the concerns raised by the SEC about possible manipulations.
In ETF attracting institutional investors, I believe we already have them in the current market through over the counter trades.
ETF would be a plus but not so much of an impact on the value.
legendary
Activity: 2058
Merit: 1030
I'm looking for free spin.
March 11, 2019, 12:07:54 PM
#15
Don't expect too much on Bitcoin ETF it won't give big impact in bitcoin price. Everything in bitcoin depends on demand and supply. So if bitcoin become trending again the price may increase again.

The best time that we should wait is block halving. I'm not believe on Bitcoin ETF most of the crypto holder don't want to approve this because they don't want to track their investment.
full member
Activity: 1736
Merit: 121
March 11, 2019, 11:35:12 AM
#14
This is a good news with London ETF approval. This is a gradual process even though some people are talking more of US-SEC but if the London is real then it will be a matter of time because it will set a precedence for etf.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
March 11, 2019, 11:28:12 AM
#13
I heard that in Australia, too, support ETF. Bitcoin in my opinion will achieve great heights in the future. It is supported all over the world and I believe that it will not stop. This is my personal opinion.

ETF Australia and others haven't net positive impact on crypto market, we should be waiting to see that of the US Government which by approval will create a possible bull run in the entire crypto ecosystem. Although these ETF are good news for the general well being of the cryptocurrency world, and must be appreciated.
sr. member
Activity: 1008
Merit: 355
March 11, 2019, 11:15:07 AM
#12
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.

I have the same feeling with this ETF thing. In fact, I doubt if once the USA SEC will eventually approve an ETF application if that can really make a big bang on Bitcoin in the long term. Maybe if that ETF can mean more strong demand for Bitcoin then maybe it can have a big impact but otherwise then it can just another stimuli that will not last for months. We need more market demand and we need more applications -- practical applications using Bitcoin related to eCommerce and anything else.
legendary
Activity: 4424
Merit: 4794
March 11, 2019, 11:10:16 AM
#11
the ETF of the OP is not a 'bitcoin etf'

its a ETF where the portfolio asset is not actually bitcoin
its a ETF where the portfolio asset is not actually anycoin/token

its a ETF where the portfolio asset is shares of other companies with loose ties to crypto
jr. member
Activity: 238
Merit: 1
https://www.empirehotels.io
March 11, 2019, 11:05:19 AM
#10
I heard that in Australia, too, support ETF. Bitcoin in my opinion will achieve great heights in the future. It is supported all over the world and I believe that it will not stop. This is my personal opinion.
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