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Topic: BTC still have the hope to apply ETF? - page 2. (Read 742 times)

sr. member
Activity: 1624
Merit: 250
December 20, 2018, 09:02:38 AM
#24
I put myself in the position of states and why should not they create the crypto money that is more suitable for themselves? Because the acceptance of Bitcoin will create big problems for them.
Bitcoin is too volatile for ETF. I don't think we'll get listed there soon enough though because of all the dramas and the performance that had Bitcoin get into. Maybe when Bitcoin is in its peak, we might have a chance to get listed there.
''Volatility'' is useful thing as a reason. In my opinion there are reasons that cannot be solved more than volatility.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
December 20, 2018, 05:08:10 AM
#23
I only hope bitcoin price can rise again and I don't have much hope for the ETF Grin I don't expect and think too much about the ETF, and I guess I don't have much info about that. All I care is when the bitcoin price can grow higher so I can sell and make a lot of profit like before Grin It is better to wait for the bitcoin to increase like today than wait for the ETF approval  Grin
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
December 20, 2018, 03:49:37 AM
#22
Bitcoin is too volatile for ETF. I don't think we'll get listed there soon enough though because of all the dramas and the performance that had Bitcoin get into. Maybe when Bitcoin is in its peak, we might have a chance to get listed there.
Volatility is not the direct reason. Of course it is volatile but only across times when there are big pumps and dumps. Beyond that there is stability. Unregulated use is what makes the SEC deny in a professional manner any upcoming ETF for bitcoin. Again the fact that is unregulated is also the reason for the volatility. So volatility can be cited as a indirect reason when there are nothing else to talk about.

Its best if people forget about ETF for now. If they happen it will good for the market but even if they dont happen its not that bitcoin is going to be destroyed or something. Grin
hero member
Activity: 1834
Merit: 759
December 20, 2018, 03:44:57 AM
#21
Looking at these facts, do you think the market will sustain such hype in long run? ETF should be considered as an optional addition to cryptospace, not an integral one!

Well to be fair, the market has been running on hype for the longest time now. People are stocking up because they know it's going to be very valuable in the future. An ETF could add to short-term hype, which may also jump start speculators again. I'm not saying it's good for the ecosystem or anything, but it may just be enough to get the market out of its funk.

You're absolutely correct about it not being necessary though. We may even be better off without them in the long run.
member
Activity: 840
Merit: 10
December 19, 2018, 07:12:25 PM
#20
that's because, so far, the applicants haven't fit the financial archetype that the U.S. Securities and Exchange Commission (SEC) is looking for.
anyone how can us to improve to get ETF? or crypto valueble is the technology not the coin are giving out..

I am believe SEC will give approval to bitcoin ETF trading. Big Financial Institution must be already see this and i am believe when they start making investment in bitcoin, they believe SEC will approve ETF and seeing big potential in bitcoin
full member
Activity: 1624
Merit: 163
December 19, 2018, 03:38:35 PM
#19
Bitcoin is too volatile for ETF. I don't think we'll get listed there soon enough though because of all the dramas and the performance that had Bitcoin get into. Maybe when Bitcoin is in its peak, we might have a chance to get listed there.
legendary
Activity: 3080
Merit: 1500
December 19, 2018, 03:33:09 PM
#18
that's because, so far, the applicants haven't fit the financial archetype that the U.S. Securities and Exchange Commission (SEC) is looking for.
anyone how can us to improve to get ETF? or crypto valueble is the technology not the coin are giving out..

I don't understand why people hoping for crypto ETF?? What's the utility of it?? Do you all think that ETF will infuse more liquidity into the market and shoot the price higher?? Re think after knowing the facts. Lets look at the facts,

1. Total 9 ETFs were proposed.
2. Only 1 ETF (winklevoss) is physical.
3. Rest 8 ETFs are synthetic

Synthetic ETFs are not going to buy physical bitcoins from the market. They are mainly based on CME group's future contracts. Only 1 ETF proposed by Winklevoss, is physical ETF where physical assets will be purchased and taken out of circulation.

Looking at these facts, do you think the market will sustain such hype in long run? ETF should be considered as an optional addition to cryptospace, not an integral one!


member
Activity: 473
Merit: 11
December 19, 2018, 12:36:51 PM
#17
ETF application will never ends until approved!
Why is that? The regulatory board or SEC never said that ETF will never have a chance to be approve.
They always says that improvement and development is needed, regulation is a must.

then for now and in the future any information about ETFs and regulations is forgotten except for one news about the approval of the ETF application, if besides that then surely what happens is the continuous decline in bitcoin prices. It would be sad if this continued
member
Activity: 560
Merit: 17
December 19, 2018, 12:17:13 PM
#17
ETF will be only then when manipulation of markets has been stopped,when wash trading and fake volumes have been stopped.
This will come only with regulations , they are expected to start to come soon.
full member
Activity: 1004
Merit: 111
December 19, 2018, 11:13:21 AM
#16
ETF application will never ends until approved!
Why is that? The regulatory board or SEC never said that ETF will never have a chance to be approve.
They always says that improvement and development is needed, regulation is a must.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
December 19, 2018, 10:56:17 AM
#15
ETF drama will never end, although few country are wondering to add bitcoin on stock exchange means their own ETF. But ETF approval from SEC is not going to happen easily whatever we think. I am suspecting SEC is making drama about ETF approval. They are just changing the date during long time. Another reason BTC price start shaking when start ETF discussion. How will SEC approve if Bitcoin price play like that? Bitcoin not staying any zone lately. Last expectation BKKT, if its approve on January then we can hope SEC will think deeply about it. However BTC look like uptrend from last day, lets see whats going to happen on next year.   
newbie
Activity: 17
Merit: 0
December 19, 2018, 08:27:35 AM
#14
I know some people they buy bitcoin at high prices, and when bitcoin prices go down they do not cut loss.
They decided to hold and await expects prices to rise again. These people claim to be holder.
In fact, they do not want to lose money and become reluctantly holders.

I think I would do the same if I was in their shoes. Bitcoin has one more card to play; things will change when the Governments finally agrees to approve ETFs.
member
Activity: 532
Merit: 15
December 19, 2018, 05:53:26 AM
#13
why not? the market is in a dip, for sure, but Bitcoin always surprises the people every now and then, and a lot of people are eying on ETF, no doubt.
newbie
Activity: 2
Merit: 0
December 19, 2018, 05:25:15 AM
#12
why waiting for btc.


adk is already listed on etf

that's first in Cryptocurrency world

Here official news


 https://businesstoday.co.ke/worlds-first-crypto-based-fund-listed-nse/
member
Activity: 476
Merit: 12
December 19, 2018, 04:51:15 AM
#11
Cryptocurrency fans and investors believe in bitcoin to the extend that they do not care what U.S. Securities and Exchange Commission (SEC) say about bitcoin. No body cares about their approval of ETF.
member
Activity: 126
Merit: 15
Fast, Smart, Trustworthy
December 19, 2018, 04:28:12 AM
#10
I am very happy to see that people’s enthusiasm for the Bitcoin ETF is now fading. This is a good thing. If we always pin our bull market hopes on any regulation of Bitcoin, then I think this road will only go to the end. Because the value of Bitcoin itself does not require any agency to recognize it.
full member
Activity: 476
Merit: 100
December 19, 2018, 03:07:29 AM
#9
I read somewhere that Brkkt  ETF will come on stream by the first quarter of 2019. SEC has agreed to accept Bkkt ETF because they have almost complied with SEC standards to be accepted and more also they are USA based company.2019 will be great for the cryptocurrency market as more ETFs are springing up in other countries.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
December 19, 2018, 02:46:35 AM
#8
People should not pin their hopes on a Bitcoin ETF being approved by the SEC. The SEC is just a puppet that are being controlled by the wealthy elite and the wealthy elite have a vested interest on not allowing uneducated masses of people, reaching their status.

When you are rich, you control people and your living environment. The wealthy elite use their wealth to bribe government employees and politicians to play by their rules. The Bitcoin ETF, if approved will boost the wealth of the millions of people who are invested in Bitcoin now and the wealthy elite hates that.  Tongue
copper member
Activity: 364
Merit: 4
December 19, 2018, 02:36:25 AM
#7
Without the crash it would have been possible to get that elusive etf. There was a prolonged period of stability at around $6500 so it was within reach. But then it lost half its value in one week..
member
Activity: 210
Merit: 19
December 19, 2018, 01:59:18 AM
#6
Bitcoin ETF to me doesn't really hold so much for the bitcoin,and I do not see any reason why anyone should be enthusiastic about it, If it does come, then fine, if it doesn't,then fine as well
Most people made predictions about the ETF being a sort of catalyst for the bill run,i will advice you not to take that predictions seriously if that's the reason why you're enthusiastic about it
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