As I know this EFT is certainly endorse in the bitcoin proposal. Encryption industry develop the trend of this industry. So think worry no more, it’s not a matter of concern.
Topic: Bitcoin Without ETF - page 3. (Read 1499 times)
I think EFT is recent topic. Although it will give some advantage of bitcoin holder but I think without it bitcoin can run smoothly. Bitcoin develop many sectors also expand its zone so I think EFT is not a matter of concern.
I agree bitcoin without the ETF also have a strong lead by the investors so ETF regulations not necessarily important I believe in bitcoin
I believe that bitcoin can exist without ETFs, for example, if they make a system of vouchers or prepaid cards. For example, you buy a card in the store with a face value of $ 100 go to your wallet and at the exchange rate at the moment you converted the amount into a cryptomonet at the rate of $ 100 / for example Ethereum costs $ 300 , and you have replenished by 100, then you will have 0.33 coins ETH/
ETF it a role but bitcoin is trusted and reliable in crypto market. If bitcoin do not get approval ETF than it does not effect to decrease price or investment in bitcoin. people have more faith and they should increase their investment.
Bitcoin do not get ETF it is not responsible to decrease price. because bitcoin are more secure and potential, it is more popular and profitable. people are interest to invest here. ETF is role nothing else.
if bitcoin do not get ETF approval it does not affect in bitcoin price because bitcoin are more popular and useable in the world. it is not major for bitcoin price because bitcoin are made by advance blockchain technology.
Bitcoin reached 20k last year without an ETF. All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people.
But then it collapsed due to nothing, and it likely only kept rising due to manipulation, or at the very least all the FOMO from new investors.The market is fickle, but the ETF will at least temporarily cause some excitement and a flurry of new money coming in and that's what we could do with right now even if it's only short lived.
I agree with you, that even though BTC has done fine, having ETF support will massively improve the current market situation.
Right now if you want to buy Bitcoins, you mostly have to buy Bitcoins. Presumably a lot of people who want to buy Bitcoins want to buy Bitcoins, but a lot of people don’t. If the ETF is big and popular, then market makers will arbitrage it, and it will drive demand, and Bitcoin will be harder to manipulate just because there will be more volume coming from real economic demand.
Bitcoin reached 20k last year without an ETF. All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people.
But then it collapsed due to nothing, and it likely only kept rising due to manipulation, or at the very least all the FOMO from new investors.The market is fickle, but the ETF will at least temporarily cause some excitement and a flurry of new money coming in and that's what we could do with right now even if it's only short lived.
I think that btc and eth are powerful both. to my mind, it is better to use btc than the ether because its price is higher and you will be able to sell it at a higher price later this year or the next year
NOTE : Questions from LAYMEN.
bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF.
bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF.
Tried, tested, blamed, still for a decade Bitcoin is going good (antifragile). Like the futures, ETF would be a much better opportunity for the rich bags with fiat to get into bitcoin. It would further establish Bitcoin as a mainstream financial asset when it's a peer-to-peer censorship resistant currency.
You did saw the hype futures brought in December. Something like that would happen have if SEC approves Bitcoin ETF, but temporary/artificial, maybe again some FOMOs would get burned.
Bottom line, why a decentralized network worry about its survival if a centralized proposal is approved or not.
Exactly, it makes no bloody difference whether there is an ETF, EFT, or FTE. The only thing that matters is that bitcoin has shown that it is robust against all of these difficulties and has a valid concept that holds up. There doesn't need to be institutional investment, although it can help for a short term boost. It would be nice to have a little pump up again, but it will still continue to gain in value regardless.
There's too much obsession with these investing tools. It's better just to observe bitcoin for what it is and use it to the best of its ability without interference from centralized investment schemes.
Bitcoin reached 20k last year without an ETF. All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people.
I’m about to say this, we survive the past trials without this thing so called ETF. I think bitcoin can still survive because we already made a good run without this. We are really backed by people and of course the technology of bitcoin that make this market different. Wether ETF approved or not, i believe this market will continue to grow.
Bitcoin reached 20k last year without an ETF. All this hype and talk about the ETF is so overblown, cryptocurency doesn't need it , we are backed by the people.
bitcoin and the whole world community is waiting for September, when they will meet and make a positive decision! if there is a positive decision in favor of the crypto market, I think after that it will be possible to wait for new price records for bitcoins! all other countries are also watching the decision of ETF!
I think there is nothing wrong with ETF. That is my personal opinion. BTC ETF acts as driving force in some ways to make the market price up. So it is clear that ETF has it’s impact on btc.
Bitcoin has come too far without the ETF. So i don't think it will stop without the approval. Maybe bitcoin will pass some bad times without the ETF approval. But it will come around.
i think not die, but in my opinion it would really make the price fall very deep maybe up to $ 2000 it would really be bad news if indeed the ETF proposal was rejected
NOTE : Questions from LAYMEN.
bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF.
bitcoin will still live without etf, it will not be easy to kill bitcoin in any case. so I think etf will approve bitcoin or not it doesn't have a big effect on bitcoin because bitcoin will continue to run.bitcoin is made without regulations, is decentralized, and controls everyone who has bitcoin. and in my opinion ETF is a rule that must be passed by Bitcoin. so will Bitcoin fail or die if the ETF disapproves of the bitcoin proposal? while Bitcoin has grown longer before going to ETF.
I thought that ETF would increase bitcoin's rate by 1.5-2 times, as it will open the way for big money. last year, the growth was provided by housewives (I exaggerate, ordinary people). Now they have lost confidence in it and to restore it necessary to start a new Bull Run. But this requires money
ETF will just give only a push
The declaration of SEC will create an impact on bitcoin. If negative thing happens it will hamper the growth of bitcoin. But i think bitcoin will recover it within a short time.
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