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Topic: Bitcoin Without ETF - page 4. (Read 1499 times)

sr. member
Activity: 1176
Merit: 250
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August 16, 2018, 06:09:11 PM
#69
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.
newbie
Activity: 27
Merit: 0
August 16, 2018, 06:00:21 PM
#68
Bitcoin was doing good when ETF wasn’t there. Still it manages to rule the cryptocurrency world. I will bitcoin will do good without or with ETF approval. Lets see what happens.
newbie
Activity: 22
Merit: 0
August 16, 2018, 02:17:41 AM
#67
Some ETFs including the SolidX Bitcoin ETF is still being considered by the SEC. If the SolidX development team is able to gather information about the failure of the Winklevoss ETF Bitcoin and use them as an advantage for approval, the Bitcoin industry may soon see the launch of a Bitcoin ETF.
newbie
Activity: 27
Merit: 0
August 16, 2018, 01:48:50 AM
#66
The proposed Bitcoin ETF fund will result in the actual purchase and sale of Bitcoin. This means that anyone with a brokerage account will be able to buy and sell Bitcoin indirectly through the ETF. It will have a big impact on supply and demand, and then on price.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
August 16, 2018, 01:43:27 AM
#65
Bitcoin is not gonna fail or die no matter ETF is approved or not. ETF has come to the crypto world recently and has created a buzz but even when ETF was not around BTC was successfully gaining new peaks. So do not worry about the ETF and wait for the bottoms and peaks to make your trades and get profits in the long term and if you are a short term trader then look for crypto news and plan your trades accordingly as market behaves on news around the world.
member
Activity: 456
Merit: 10
August 16, 2018, 01:28:53 AM
#64
I think there is a massive lack of education around cryptocurrency to the general population and accessibility is a huge hindrance on adoption so I wish that the Crypto community would focus more on adoption than on Futures & ETF looking to go moon overnight.
legendary
Activity: 2618
Merit: 2304
August 15, 2018, 04:05:00 PM
#63
Bitcoin has existed since 2009 for 9 years and no ETF is needed.

Nobody is saying bitcoin will cease to exist without the ETF, but without good news or things to get excited about bitcoin will stagnate or fall in value like it did on the mere decision to postpone the announcement. What do you think will happen to bitcoin if they come out and flat out deny it? It isn't going to be good.

Do you suppose that the price of Bitcoin will fall if the ETF will be rejected by the SEC this September? It seems that almost all the altcoins has been already exchanged to Bitcoin, but BTC is still on the levels of $6200. I guess that the investors will try to keep the capitalization of Bitcoin above 100 billion US dollars in order to BTC looks respectable for ETF approving.
hero member
Activity: 976
Merit: 575
Cryptophile at large
August 15, 2018, 03:53:55 PM
#62
Bitcoin has existed since 2009 for 9 years and no ETF is needed.


Nobody is saying bitcoin will cease to exist without the ETF, but without good news or things to get excited about bitcoin will stagnate or fall in value like it did on the mere decision to postpone the announcement. What do you think will happen to bitcoin if they come out and flat out deny it? It isn't going to be good.
jr. member
Activity: 188
Merit: 1
August 15, 2018, 09:35:00 AM
#61
Bitcoins without the ETF will still grow and survive, and if there is a Bitcoin ETF, the price will increase in the next few years.
member
Activity: 420
Merit: 10
August 15, 2018, 03:38:02 PM
#61
Bitcoin has existed since 2009 for 9 years and no ETF is needed.

ETF is a regular fact for speculation. They are frightened by investors who sell bitcoin all cheaper and cheaper
full member
Activity: 297
Merit: 100
August 15, 2018, 03:28:34 PM
#60
I believe that the trade in bitcoins will be approved by the SEC. Large whales deliberately postponed the decision to get huge profits from this. Cryptocurrencies will certainly be our future. They understand it and make a profit, buying bitcoins cheaply.
member
Activity: 994
Merit: 14
August 15, 2018, 12:34:56 PM
#59
Bitcoin has existed when non gave it a credence, now that it has gained momentum and popularity, and have seen massive support with billions of dollars been invested in it, either ETF gets approve or not, bitcoin will stay strong and move on. But forces are going to push on till ETF get onboard.
hero member
Activity: 976
Merit: 575
Cryptophile at large
August 15, 2018, 12:29:53 PM
#58
If sec is rejected in September ETF, then most likely the whole market will lose tens billions dollars of capitalization and unfortunately we will see new lows this year.

And this is probably what will happen as I can't see them accepting it. Hopefully bitcoin will have climbed back up a bit naturally since then so it has a bit of a buffer as a bit of a safety net for whenever it does fall.
newbie
Activity: 150
Merit: 0
August 15, 2018, 11:54:25 AM
#57
If sec is rejected in September ETF, then most likely the whole market will lose tens billions dollars of capitalization and unfortunately we will see new lows this year.
Ucy
sr. member
Activity: 2674
Merit: 403
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August 15, 2018, 10:11:16 AM
#56
Bitcoin was grown by the community. It will continue to be grown and developed by the community.

ETF and Bitcoin not compatible at all. It was a bit strange trying to convince government and corporations to adopt Bitcoin.

Bitcoin is meant to be Peer to Peer. We could encourage p2p businesses if the large businesses and government deny us access to their Markets
newbie
Activity: 41
Merit: 0
August 15, 2018, 09:25:18 AM
#55
ETF interfering in the BTC world is recognition and it will help the price but BTC without ETF seems to be crypto without world power recognition.
full member
Activity: 441
Merit: 100
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August 15, 2018, 09:03:10 AM
#54
in my opinion, the bitcoin ETF is part of an important point that can affect the bitcoin fluctuations for the better.

Bitcoin ETF has good value to improve the bearish market situation.
hero member
Activity: 1582
Merit: 670
August 15, 2018, 08:48:59 AM
#53
ETF expectation affected the price of Bitcoin positively. The delays made everything very bad. My guess is that if the ETF is rejected, the market can be shaken too badly. Everybody, take precautions accordingly.
hero member
Activity: 976
Merit: 575
Cryptophile at large
August 15, 2018, 08:38:58 AM
#52
Without the ETF, the price of BTC would have been a lot, $10,000 at least. But the recent news about the ETF has done a lot of damage to BTC sadly. Let's see what lies ahead now.

*Source needed*. You can't blame everything on the ETF. The ETF isn't the be all and end all of bitcoin and bitcoin is bigger than that, but maybe people shouldn't get excited about something that may never come. Besides, even if it does ever get the go ahead I don't think it will be that huge. Sure, people will get excited about it and the price will rally but it'll probably come crashing back down again once the excitement is over.

it is a speculation and speculation doesn't have a *source* Wink
i don't know why he says it but i also have this speculation and i am not blaming ETF, i am blaming the market for reacting irrationally to a news that is not even relevant to or effective on bitcoin. people started building it up in their heads and as SEC rejected one ETF they panic sold and right now the market is waiting on their decision to start moving in a certain direction based on it. why should this be? do people really think ETF controls the future of bitcoin?

once the "excitement" is over we can go back to normal market where price rises back up.

If it's speculation then people shouldn't speak so matter of factly. There's no way anyone can say it will have been x amount by a mere decision. And the market always acts irrationally. That's just want the bitcoin market has become. Any good or bad news is taken too seriously and people either get too excited or too panicky and act accordingly.
newbie
Activity: 16
Merit: 0
August 15, 2018, 08:36:08 AM
#51
It's only a matter of time.

ETF would have been a boost, but if you look at emerging countries facing inflation (and sometimes hyperinflation), people are turning to cryptocurrencies to protect their savings.

This will be beneficial to bitcoin price on the middle and long term.
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