Is ETF Really Effect the Bitcoin/BTC - page 3.

lephuqui

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Quote from: Justindud on July 30, 2018, 04:17:18 AM

Hello...Freinds

There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price?

I think the ETF does not really matter. It is just one step in raising the btc value at the present time.

kingcolex

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An etf absolutely increases the value of Bitcoin, the funds have to be held, the Bitcoin has to be held and traditional investors can easily gobble up tons of bitcoin, this leads to demand SKYROCKETING.

thepers0n

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ETF is an important tool that will largen BTC security and privacy. I hope that accepting of ETC for BTC will bring big changes on cryptocurrency market. i believe that it will so helpful for it

suzanne5223

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The bitcoin ETF does have effect on the bitcoin market cause it will inspire yet to come and new coming investors to invest into Bitcoin and other cryptocurrency. However, almost all cryptocurrency community believe that the ETF will be the key for bitcoin to go mainstream. Unfortunately, the SEC still reject all ETF submitted.

X-ray

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Quote from: Justindud on July 30, 2018, 04:17:18 AM

Hello...Freinds

There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price?

Not only bitcoin but the whole of crypto ecosystem. ETF gives bitcoin a lot of money if that will be approved by SEC. It's really affecting the bitcoin price consider it can become the new gateway to the us investors to put their money on the bitcoin. remember bitcoin is not classified as security token and that will be fine.

xfaqs01

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i get your point op but the problem of bitcoin as a form of payment is big, the trasaction fee is so big that its not practical for it specially for micropayments purpose, thr time of transa tion took very long because of condense network. we can only hope for this if the loghtning network gets perfected this bitcoin could be use in payments.

samcrypto

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ETF hype, yes it help to boost the price of bitcoin to hit the $8k level again. And now we are dumping again because of some delay about that ETF. Technically, it can really help the market way up and I know good things can still happen about it.

rickn

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I do not see how the ETF influences the price of Bitcoin, but rather the reverse, because only when Bitcoin rises again is that the other altcoins will recover in the sequence

CrashGangster

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In my opinion ETF approval can only add to Bitcoin's popularity and demand whereas getting rejected by Security Exchange commission will not make it less valuable which will cause a dip in price. So, ETF can only affect Bitcoin's price in positive way. I see no reason for it to damage Bitcoin's reputation or demand.

Reatim

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Quote from: Justindud on July 30, 2018, 04:17:18 AM

Hello...Freinds

There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price?

If it has a effect, its going to be on a short term basis only. Bitcoin has survived with ETF for many years, although others may argue specially the CBoe ETF proposal can at least put some "trust" on the market, I don't think it will have a lasting effect. We may see a good price spike if its approved, however, long term, I don't see it having a significant impact on the price and I believed that it won't push the price to a new all-time-high.

MarshMagpie

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The recent rejection of Winklevoss's ETF has not affected the price in any way. BTC is still standing strong at 8,200$. There will be more hearings for ETF to get approved in the future which will create a lot of expectation and demand among people for sure. BTC will definitely rise then.

WaterSeal

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ETF enlists the coins to enter into the crypto market. So, they are pretty important for us. Certain rules and guidelines are needed to be followed to get the coins enlisted.

BitcoinGuruOne

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Quote from: Justindud on July 30, 2018, 04:17:18 AM

Hello...Freinds

There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price?

ETF is a finacial instrument which allows traditional markets to enter crypto trading with current regulations in place. The ETF istelf currently cant effect the price since there is no ETF ( at least in the USA ) but the anticipation can and will effect the price as in case of BTC futures. Also noone knows what the ETF will look like, will it acutally help avarage Joe or will it be for institutional investors only.

Justindud

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Hello...Freinds

There are lots of news are coming up about ETF & Bitcoin. Is Really ETF effect the BTC price?

Topic: Is ETF Really Effect the Bitcoin/BTC - page 3. (Read 476 times)