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Topic: Can ETF Decision make a negative impact? (Read 20459 times)

member
Activity: 350
Merit: 10
A Blockchain Mobile Operator With Token Rewards
February 12, 2019, 03:51:43 PM
Well i think the approval of Bitcoin ETF would rather be a positive impact on the crypto market other than a negative impact. Consider just recently when news about a possible approval of Bitcoin ETF was announced, bitcoin rose about $200 within some few minutes. The final approval of Bitcoin ETF would definitely bring great news to the crypto community.
sr. member
Activity: 882
Merit: 282
February 12, 2019, 12:23:03 PM
Even the negative impact is not that too bad some people will still use it to manipulate the market. ETF's are so overhyped and some whales use to take advantage, market is not making organic growth that way because we are only after the approvals and hype.
Of a truth that is the beauty of this market.  It most be manipulated for those manipulators to make money from the market and since we know that the market will be maniputed the best thing to do is to understand what the whales are doing and invest along with that.  ETF rejection or approvals is going to affect the market as people and the whales will always like to take the advantage of the market.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
February 12, 2019, 09:18:43 AM
Even the negative impact is not that too bad some people will still use it to manipulate the market. ETF's are so overhyped and some whales use to take advantage, market is not making organic growth that way because we are only after the approvals and hype.
sr. member
Activity: 2828
Merit: 344
win lambo...
February 12, 2019, 06:37:51 AM
Came back here to say that it has a positive effect and the positive speculation is once again alive.

This recent news "SEC Commissioner Says Bitcoin ETF Will Be Approved ‘Eventually’ makes everything looks green.
https://www.coindesk.com/sec-commissioner-says-bitcoin-etf-will-be-approved-eventually


Hopefully it will take place as soon as possible.
Wow,  it give us hope and it may reborn the market.  It surely makes huge changes in the trend and could be way to bring back those people who left crypto behind from struggling and fighting dips. Though we can't expect for quick response from the market but it will make a way to win against the odds.
hero member
Activity: 2940
Merit: 613
Winding down.
February 12, 2019, 03:38:59 AM
Came back here to say that it has a positive effect and the positive speculation is once again alive.

This recent news "SEC Commissioner Says Bitcoin ETF Will Be Approved ‘Eventually’ makes everything looks green.
https://www.coindesk.com/sec-commissioner-says-bitcoin-etf-will-be-approved-eventually


Hopefully it will take place as soon as possible.
member
Activity: 461
Merit: 17
🔰FERRUM NETWORK🔰
February 11, 2019, 01:42:17 AM
I read that bitcoin ETF will give the investors the opportunity to invest over the long term in bitcoin without the need to buy the coins directly. Because you're not the one to manage it, it eliminate the problems of managing your digital wallets.  The possible reaction in whatever SEC decision on bitcoin ETF will be up to the investors, if this turn out to be positive for the crypto community, the result will be a bullish market.
I think ETFs will have a positive impact on bitcoin investment because crypto investors do not need to manage their own ownership, but there are special companies that are engaged in trading or long-term investments so that they are more professional.
However, ETF approval has not been clear so that the possibility of being rejected for now is greater, perhaps for the future where digital finance has dominated this can be done.
jr. member
Activity: 1050
Merit: 1
January 31, 2019, 01:38:01 PM
Bitcoin has survived to this moment, before the Bitcoin ETFs or SEC event came on. What I do not understand is that why continuing putting too much hope on what seems will take forever before being approved. However, I pray for its approval as it will mean a great for the crypto community and the world at large. Just that we should be prepared for either outcome.
full member
Activity: 854
Merit: 108
January 30, 2019, 04:20:13 AM
Last year rejection of ETF products did not cause any fall down of the market price in which i guess that the crypto currency users are not interested of ETF anymore but still i want to see if there is positive impact if ETF will be accepted this year that it might trigger the bullish market as i belived that it will invite millions of investments making Bitcoin to become ATH again.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 30, 2019, 02:25:20 AM
Definitely, there will be price jump in the market once the ETF is approved by SEC.
Amazed at seeing the amount of capitulation that has happeneed in the minds of the people. One day people did not even care about the traditional market and thought bitcoin to be a cultish currency for buying weed and now they are taking it up to SEC to get ETF approved. Get your informed first, ETFs are no going to get approved anyway for now.

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The announcement will trigger off the bull rally that we have been expecting.
Exactly the reason why people are panicing so much and having anxiety and bouts of depression. Good income for the psychiatrists though. Grin

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This will be in an index form that is derivatives of the stock though based on crypto. It will still follow what is happening in another index trading with SEC. The bottom line is that it will make bitcoin more popular and increase in demand.
We should focus more on organic growth promotion than trying to beat a dead horse.
member
Activity: 434
Merit: 38
January 27, 2019, 01:59:47 PM
So far, ETFs have always postponed their decisions about bitcoin, but the community is always trying to make bitcoin more valuable. Many argue that ETF decisions do not have a negative impact and hope to have a positive impact.

Now the Bitcoin ETFs are definitely denied for the moment, but the price seems to remain stable at 3500 dollars like the last month. Probably we won't see a bitcoin ETF before 2020...
jr. member
Activity: 308
Merit: 8
January 27, 2019, 12:12:09 PM
Definitely, there will be price jump in the market once the ETF is approved by SEC. The announcement will trigger off the bull rally that we have been expecting. This will be in an index form that is derivatives of the stock though based on crypto. It will still follow what is happening in another index trading with SEC. The bottom line is that it will make bitcoin more popular and increase in demand.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 27, 2019, 12:00:33 PM
If the governments of the states do not take measures to regulate Bitcoin, then Bitcoin will not be volatile.
You understand the fact that what you are saying is not possible for a government and not any person to do. Bitcoin cannot be regulated. Thats it.

So far, ETFs have always postponed their decisions about bitcoin, but the community is always trying to make bitcoin more valuable. Many argue that ETF decisions do not have a negative impact and hope to have a positive impact.
Thats the reasons people are getting so sensitive over the ETF postponement/delay. They were all hopeful of a bullrun this year beginning and now the ETFs got delayed. So those who were hoping to sell at the pump due to the ETF could not do so and sold off at a lower price. Thats what propagated the panic selling at 6k USD in my opinion.
full member
Activity: 521
Merit: 100
January 23, 2019, 04:23:15 PM
I think that immediately after making a positive decision, prices may grow temporary. On the one hand, this is a great opportunity for everyone to sell their Bitcoin at higher prices, on the other hand, such a decision should really attract new investors.
Since now none of us don’t know any details, it’s hard to even talk about how exactly Bitcoin ETF will affect the bidding process. So if such a decision will be made, then we will be able to find out all the details only after that.
newbie
Activity: 51
Merit: 0
January 23, 2019, 05:31:16 AM
If the governments of the states do not take measures to regulate Bitcoin, then Bitcoin will not be volatile. However, now in any case there will be a rise in Bitcoin after its fall. Therefore, while there is an opportunity, you need to have time to take this movement. Personally, I buy Bitcoin and a few more currencies now.
sr. member
Activity: 826
Merit: 256
January 23, 2019, 05:00:29 AM
I read that bitcoin ETF will give the investors the opportunity to invest over the long term in bitcoin without the need to buy the coins directly. Because you're not the one to manage it, it eliminate the problems of managing your digital wallets.  The possible reaction in whatever SEC decision on bitcoin ETF will be up to the investors, if this turn out to be positive for the crypto community, the result will be a bullish market.
sr. member
Activity: 957
Merit: 278
Vave.com - Crypto Casino
January 20, 2019, 04:03:00 AM
Only sick people make ETFs as bad news. No ETFs do not mean the end of the world. Even now there are hundreds of exchanges that trade in bitcoin and hundreds of companies that invest in bitcoin and hundreds of stores that accept bitcoin for payment transactions. If indeed the ETF is received by the SEC, that's good news. However, if rejected, it should return to the next year. Cheesy
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 20, 2019, 03:41:24 AM
yes, I am afraid, this will bring huge negative impact on crypto industry and market.
It already did have a negative impact when the markets crashed previously though I still doubt it was only because of ETF denial/delay. This gave new strength to the bears and we saw what happened to the market as it crashed from 6k back to 3k and now roving around the 3.7k mark. How much people are enthusiastic about future seems to be less important to the people than the short term gains.

This is not what I expect from the hodler community and its sad to see things escalate like this. You all are supposed to be hodl through thick and thin without caring about ETF approval.
jr. member
Activity: 154
Merit: 1
January 18, 2019, 07:12:46 AM
Yes, in my opinion the ETF is very influential to the progress of Bitcoin prices, so when the ETF is rejected again, it is likely that prices will decline again, because for now traders are waiting for the SEC's decision to be approved, so that the Bitcoin price will rise.
I think most would agree that its very influential. But that's not the only thing that can make prices drop or decline. other factors play a role so I wouldn't say that if ETF is rejected prices will drop drastically
member
Activity: 532
Merit: 15
January 18, 2019, 06:49:53 AM
yes, I am afraid, this will bring huge negative impact on crypto industry and market.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
January 16, 2019, 08:40:08 AM
Yes, in my opinion the ETF is very influential to the progress of Bitcoin prices, so when the ETF is rejected again, it is likely that prices will decline again, because for now traders are waiting for the SEC's decision to be approved, so that the Bitcoin price will rise.
Maybe yes or maybe no, as we knew that bitcoin was been denied several times and still the movements still the same, fluctuations and manipulations will still be there, whatever directions bagholders wants this industry to go, same thing will still happen unless new investors will join and make the difference and start making the bull to run back after the ETF.

The effects would probably be minimal whether it's an approval or denial. Many don't even think bitcoin needs an etf approval aside from a short repreive from all the bad news we've had.
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