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Topic: ETF approval will mean to you? - page 2. (Read 1617 times)

copper member
Activity: 2898
Merit: 1465
Clueless!
February 22, 2017, 09:17:41 AM
#12
At a bit over 100 btc again. The ETF WOULD  be 1.5k usd btc imho. A big deal.

Hell,
 
Could be bigger, in that and ETF is a rich folk entrance to speculate on btc with
an air of legitimacy, via your broker.
hero member
Activity: 882
Merit: 506
February 22, 2017, 09:09:37 AM
#11
I don't think it will affect bitcoin prices that much that would boost bitcoin prices to that much within the year. It may affect it slightly, probably an increase of 20% but not really 100%. The approval of the ETF will not ensure that the general public and investors will accept and embrace bitcoins to really boost up the price to that high.
hero member
Activity: 630
Merit: 500
February 22, 2017, 07:01:39 AM
#10
For me is just to make me richer in Dollar value because my BTC number remain thesame. ETF is very good for Bitcoin in general because that means more fiat entering the space without them knowing what Bitcoin actually stand for, though there are alot of skeptic saying the ecosystem is not ripe for this, what of if we have another Bitfinex like hack and investors ended up losing millions of $. 
One thing that is certain  is that people will always follow money to where it is
legendary
Activity: 3080
Merit: 1353
February 22, 2017, 02:34:02 AM
#9
I guess with the approval of ETF, Bitcoin economy will have a fresh new funds coming in.  With this fund it will push Bitcoin price up since demand pressure will be higher.   Aside from that investors who are half hearted to join bitcoin will have no doubt come to a decision to join Bitcoin because of the effect of this approval.  With huge fund coming in, there is no doubt Bitcoin will reach $2000 this year.

Very well said. The price of bitcoin is inching to an all time high right now.
And if SEC approved its ETF, we will see a big leap in bitcoin price. I know
a lot skepticism coming from Wall Street analyst regarding the approval,
but i still hope it will and once approved, a lot of capital worth millions
would flood bitcoin ecosystem and such influx will cause the price to leap
to skyrocket price. So lets just enjoy the price rise as of now and just wait
what will happen in March 11.



sr. member
Activity: 756
Merit: 253
February 22, 2017, 12:40:28 AM
#8
Hope so so many prediction and speculation ended bad megaupliad 2 for start, but for that i expect to be nothing and ended like that. In this case if goes as planned it will go over 2000 for sure.

We are all looking up to that as there's no stopping Bitcoin now, I just checked and it's 1124$, gosh tge sky is the limit. I'm holding on to mine and hopefully by the end of the year the pump would be realized massively.
legendary
Activity: 1218
Merit: 1007
February 22, 2017, 12:14:36 AM
#7
I think it is possible that there will be some massive price rises if the ETF is approved, but looking at what's been happening it's coming down to a coin toss by the looks of it. While there is a lot of hype for this and I do want to be wishful, we have to realize that it's an ETF and they could have far more at risk than we believe. Profits are what keep those guys rolling.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
February 22, 2017, 12:09:18 AM
#6
With the news on the etf possibly getting approved March 11th just next month. Do you think it will push the price beyond $2000 like all is expect it to do once it does get the okay by financial houses?

http://bitcoindaily.org/economic-trends/bitcoin-price-climbing-in-speculation-of-etf-approval/

Looking at the chart that they have of all the exchanges in China failing in the last month with suspensions and fines being dealt out what will the etf do for those? Cause them to finally throw in the towel or even worst fold up and start their own etf to rival the American version by the Winklevoss's?

The storm is about to start the bitcoin price wars.

ETF approval = PUMP OR DUMP. basically a lot of the people are buying the rumours trend about the approval of ETF by US securities. but I may believe if the SEC decision will get postponed again. and a lot of the dump below $1k
legendary
Activity: 3512
Merit: 4557
February 21, 2017, 09:52:27 PM
#5
Kim Dotcom will be transported to the almighty U.S of A, he will be moved to jail for his megaupload, i dont think Mega 2.0 will be seeing the daylight someday  Cry
hero member
Activity: 798
Merit: 501
February 21, 2017, 09:32:09 PM
#4
Hope so so many prediction and speculation ended bad megaupliad 2 for start, but for that i expect to be nothing and ended like that. In this case if goes as planned it will go over 2000 for sure.
So megaupload did end up being a mega disappoint after all. Undecided
I heard about it at the start but then nothing of it after wards.
Just hope that doesn't happen to this ETF idea which they have had brewing for the last few years now. Embarrassed
legendary
Activity: 2954
Merit: 1153
February 21, 2017, 03:31:47 PM
#3
I guess with the approval of ETF, Bitcoin economy will have a fresh new funds coming in.  With this fund it will push Bitcoin price up since demand pressure will be higher.   Aside from that investors who are half hearted to join bitcoin will have no doubt come to a decision to join Bitcoin because of the effect of this approval.  With huge fund coming in, there is no doubt Bitcoin will reach $2000 this year.
legendary
Activity: 1022
Merit: 1000
Blocklancer - Freelance on the Blockchain
February 21, 2017, 03:10:55 PM
#2
Hope so so many prediction and speculation ended bad megaupliad 2 for start, but for that i expect to be nothing and ended like that. In this case if goes as planned it will go over 2000 for sure.
hero member
Activity: 798
Merit: 501
February 21, 2017, 02:58:12 PM
#1
With the news on the etf possibly getting approved March 11th just next month. Do you think it will push the price beyond $2000 like all is expect it to do once it does get the okay by financial houses?

http://bitcoindaily.org/economic-trends/bitcoin-price-climbing-in-speculation-of-etf-approval/

Looking at the chart that they have of all the exchanges in China failing in the last month with suspensions and fines being dealt out what will the etf do for those? Cause them to finally throw in the towel or even worst fold up and start their own etf to rival the American version by the Winklevoss's?

The storm is about to start the bitcoin price wars.
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