Topic: Can ETF Decision make a negative impact? - page 7. (Read 20459 times)
In my opinion, SEC will definitely sanction Bitcoin ETF, and this sanction will not have any negative impact on the crypto market. Demand for BTC will keep growing because of the hype created by the recent news.
Once its like other stocks, we know that there is a huge chance that the prices will shoot up like crazy. However, after that we will see a lot of stability and this will not be very volatile like now therefore huge up and downs wont be possible and profits will not be huge (Including risks)
Is it correct? can someone please explain how does this works? Is there going be a big commission as well on each trade? is there going to be a margin? I actually dont understand this if someone can shed some light in simple terms. Thanks.
Yes I believe some people will use this news for gain a profit. They will dump the market and then buy at low price. Very easy to make FOMO in the world of cryptocurrency. I suggest in this situation we follow the rules, but if you want to hodling that's not bad choice. Is it correct? can someone please explain how does this works? Is there going be a big commission as well on each trade? is there going to be a margin? I actually dont understand this if someone can shed some light in simple terms. Thanks.
Many crypto enthusiasts are sure that the decision on ETF Bitcoin will only contribute to the growth of the Bitcoin price and the popularity of other cryptocurrencies. Negatively, only the refusal of SEC to accept ETF Bitcoin, but only slightly lowering the price of Bitcoin, can be reflected. In general, the growth of Bitcoin's popularity continues.
The ETF decision will not have any negative impact on the bitcoin. I think it will have a more positive effect. Bitcoin fields will expand. People's interest will increase, they will increase the investment. Bitcoin will provide better services than before.
I believe that if Bitcoin approves EFT it will have a positive effect. By doing so, Bitcoin will improve the IC, the field will increase, the growth rate will increase. Investment security will be much higher than before. As a result, people will be interested to invest more than ever before.
Once its like other stocks, we know that there is a huge chance that the prices will shoot up like crazy. However, after that we will see a lot of stability and this will not be very volatile like now therefore huge up and downs wont be possible and profits will not be huge (Including risks)
Is it correct? can someone please explain how does this works? Is there going be a big commission as well on each trade? is there going to be a margin? I actually dont understand this if someone can shed some light in simple terms. Thanks.
Is it correct? can someone please explain how does this works? Is there going be a big commission as well on each trade? is there going to be a margin? I actually dont understand this if someone can shed some light in simple terms. Thanks.
I think there's no negative impact from our side (Cryptocurrency owner)
It will be a "jumping stone" for bitcoin and world will know bitcoin more and think bitcoin more valuable than before
the approval of ETF can not have any negative impact, even the Futures markets didn't have a negative impact in my opinion despite what some people say.
it is all like an approval of bitcoin in first place and then it will attract more money into bitcoin. even if a small part of that money realizes the true nature of bitcoin (as a decentralized currency not just an investment) we can see a big growth in its future.
even its rejection wouldn't have a negative impact exactly. it would be a temporary drop in price only and nothing else. we never had ETF in the past 9+ years and if that doesn't change we wouldn't mind it one bit!
it is all like an approval of bitcoin in first place and then it will attract more money into bitcoin. even if a small part of that money realizes the true nature of bitcoin (as a decentralized currency not just an investment) we can see a big growth in its future.
even its rejection wouldn't have a negative impact exactly. it would be a temporary drop in price only and nothing else. we never had ETF in the past 9+ years and if that doesn't change we wouldn't mind it one bit!
You cannot be more wrong! The ETFs will make volatility even worst, because a lot of these investors have Billions of Dollars to
influence the Supply & Demand. The institutional investors have access to large amounts of Fiat and they can dump as quickly
as they can buy in large quantities. The spikes might be much bigger and more frequent, than what it is now.
This is why
I was one of the people that was glad in a way that the ETFs were not approved.
influence the Supply & Demand. The institutional investors have access to large amounts of Fiat and they can dump as quickly
as they can buy in large quantities. The spikes might be much bigger and more frequent, than what it is now.
This is whyI was one of the people that was glad in a way that the ETFs were not approved.
ETF can make Bitcoin an even more scarce asset and would likely drive the price much higher. Therefore, those who use Bitcoin as a currency should be happy with the decision as removing such a large number of Bitcoin from circulation will make it even less stable and subject to being controlled and manipulated by instructional money.
at the end of the day bitcoin is still a global currency and is being traded mainly on exchanges all around the world not just in US or in SEC approved places through ETFs!
which means with or without ETF bitcoin will continue on its own path and with its increasing adoption as a currency by merchants and customers the price of it will continue to rise.
in short ETF is just a short term hype that is disturbing that rise by making it faster now and possibly cause drops soon but it can not change the inevitable rise.
I agree with you, The ETF Decision may cause a hype on bitcoin and may be the result of the price increase but it will also fall when it is over. Rightly you said sir! which means with or without ETF bitcoin will continue on its own path and with its increasing adoption as a currency by merchants and customers the price of it will continue to rise.
in short ETF is just a short term hype that is disturbing that rise by making it faster now and possibly cause drops soon but it can not change the inevitable rise.
Of course yes. A new denial could once again bring bitcoin down.
The latest ETF decision remains virtually without a negative impact on the market. The price remains at a similar level before the decision was announced. Bitcoin is doing quite well without ETF.
Actually, none can say what is going to happen in the future as applies to Crypto-market. ETF most probably is going to make a positive impact rather than it can make negative on its own in the market. ETF hype making market rising BTC prices and if got approved it may cause a large number of industries investing in BTC. More we can wait and see for now.
Now a days bitcoin hold a huge platform of cryptocurrency. So, if ETFs makes a negative impact that will be directly felt affect on crypto world. Then it’s will be make contradiction to get accepted from SEC.
Of course yes. A new denial could once again bring bitcoin down.
I think that ETF desicion will be positive now. Government doesn't interested to block crypto at all. Many institutionals are going to use crypto. And government needs to control it, not refuse.
Of course yes. A new denial could once again bring bitcoin down.
Unpredictable by now because we have not yet known there decision either favourable or not, if its possible it will have great impact and when negative it will affect it.
I don't think ETF sanction can make a negative impact on the recent market rather, Bitcoin ETF will be backed by Bitcoin as the underlying asset. If big investors join the market then it will be profitable for everyone as BTC will see increased demand which means the price will increase too.
Even if SEC's verdict goes the other way which is very unlikely to happen, it won't leave much impact on crypto market. Bitcoin and other ALTs have been there for a long time, with upcoming advancements of blockchain it is more likely to remain the same or even grow in numbers in the future. So, these coins will remain the same no matter what SEC approves of.
you right, btc have a huge chance that the prices will shoot up like crazy, but it's still a day far away from now.
with ETF or without it, I think btc still the same.
with ETF or without it, I think btc still the same.
Not really. In fact if more companies, especially the giants get involved in the market, it will be a great thing indeed for the market.
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