Topic: Notes on Bitcoin ETFs for the community (Read 862 times)
We can only hope for some news ownership. The main concern for the SEC is protecting the funds of investors. We should hold the coins and be patient.
For your knowledge , whales use ETFs as a way to shake weak hands and dump bitcoin prices to lowest point possible.
Actually , "we don't need them and they need us " phrase isn't quite right . Let's talk for real , if governments ban cryptocurrency then you will witness failure of the whole system even if we were able to trade them on exchanges . the point of cryptocuurency isn't to make money alone but to decentralize some things.
Actually , "we don't need them and they need us " phrase isn't quite right . Let's talk for real , if governments ban cryptocurrency then you will witness failure of the whole system even if we were able to trade them on exchanges . the point of cryptocuurency isn't to make money alone but to decentralize some things.
I believe that will be the same. this is a great news occasion for correction and growth
It is quite logic for me that we are not supposed to wait a great price increasing in 2018 I would even say that 2018 is the breaking point between people are getting to know bitcoin and bitcoin is going to be a global currency.
it looks like bitcoin prices will continue like this, because from the beginning of the year until now the movement is always the same, and this shows that the price of bitcoin is under control, and that is certainly very good, because we can reap the benefits at any time, and never miss the train. 
There is trouble ahead for bitcoin market and price based on this analysis. If ETF was only postponed till September and the effect in the market was so devastating and the whole market is bleeding what will happen by September if the ETF was rejected or postponed again by SEC? The market will definitely go down more. The only hope is for the ETF to be successful by September which I do not think is even 30% possible because of official policy of 240days for such as ETF to be admitted.
All the things that I know in the crypto are really risky with the investment and trading so big can be profitable and bigger be your turnover.
It is quite logic for me that we are not supposed to wait a great price increasing in 2018 I would even say that 2018 is the breaking point between people are getting to know bitcoin and bitcoin is going to be a global currency.
That have been exactly my thoughts regarding the recent fuss about ETF approval. But, the saddest part is that we cannot make everyone understand that as a lot of the investors are thinking that Bitcoin's value depends a lot on the regulatory committee's decisions whereas the main objective of Bitcoin was to remove the need for banks and governments' interference into our assets.
The herd mentality is one thing that may not go well with bitcoin, just imagine what will be the market reaction if the next proposal gets rejected again, majority of investors now hinge the future of btc on ETF which is bad
That have been exactly my thoughts regarding the recent fuss about ETF approval. But, the saddest part is that we cannot make everyone understand that as a lot of the investors are thinking that Bitcoin's value depends a lot on the regulatory committee's decisions whereas the main objective of Bitcoin was to remove the need for banks and governments' interference into our assets.
I don't know why is the Bitcoin ETF's are been delayed again and i think there is something that the smart money still want to manipulate and may be it will be a another dip or new bottome to be made, i really don't know about it. But one thing is confirmed that Bitcoin holders are going to get some good returns if they are holding their Bitcoins till the ETF's are been released.
The bitcoin market is open to all and sundry. There are no limitations to who and how. Not everyone is comfortable in the present atmosphere of the decentralized blockchain. Let me note here that the ETF is not changing the bitcoin algorithm. It is just a platform to enable those in fear of a decentralized blockchain to find a space to join in the story of the blockchain. The ETF community should be welcomed.
We need them as much as they need us. If they are comfortable with ETF as a go-between, that is welcomed, to me.
At some point, organizations sell their product or concept out. eg, Facebook bought over Instagram. But in the case of bitcoin ETF, it is a function of a collective pool from several people wanting to be part of the bitcoin story yet need the security of a centralized platform.
We understand how much community perceives the importance of ETFs in Crypto but allow us to enlighten you, WE DON’T NEED THEM, INSTEAD, THEY NEED US.
We need them as much as they need us. If they are comfortable with ETF as a go-between, that is welcomed, to me.
That takes us a long way from Satoshi's original concept, and will make bankers a fortune. It will make some of us some money as well, but it will mean that Bitcoin will not be viable for daily purchases. You will have to use the new government cryptos.
At some point, organizations sell their product or concept out. eg, Facebook bought over Instagram. But in the case of bitcoin ETF, it is a function of a collective pool from several people wanting to be part of the bitcoin story yet need the security of a centralized platform.
I am believe ETF approval will be given to bitcoin. Its just a matter of time. Indeed delaying on ETF approval give negative impact on market but i am believe peoples will realize ETF approval will given anyway. When Goldman Sachs and others big financial firm start opening bitcoin trading desk, i am believe bitcoin have good future
i think we people are very serious about ETF. But i think this decision will not effect that much on the price of bitcoin. the price of bitcoin will rise again i believe.
The main concern for SEC is to protect the investors’ fund. I agree with what you said. We should hold our coin and have patience. Many people rely on the government’s decision as to how bitcoin should work but they don't clearly understand why we need bitcoin and how it works, they only think of making quick money within a small time
We still remember in 2016 or even 2017, when people gave a middle finger to regulation and institutions. Now everyone is begging and waiting for government approval. What a move huh?
We understand how much community perceives the importance of ETFs in Crypto but allow us to enlighten you, WE DON’T NEED THEM, INSTEAD, THEY NEED US. But, apparently, we are getting influenced by the same thing we swore to decimate in the first place.
What are you talking about, I don't remember any big opposition to regulations in those years, actually things like ETF's and futures weren't discussed as much as they are now, in those days the hot topics were Ethereum, bullish speculation, scaling debate. Bitcoin gradually stopped being cypherpunk-only movement somewhere in 2012, it shouldn't be surprising that many people are open to regulations.
I think that regulations are not bad, because it's better than having Bitcoin banned, which would result in so many obstacles and risks for users. If Bitcoin will get regulated, cryptoanarchists would still be able to use it on unregulated markets, because the protocol will no be affected by those regulations. In this sense Bitcoin is very similar to cash.
I wondered about the hypocrisy among crypto investors. What at all does traders need from ETF regulations and endorsement for? Isn't cryptocurrency suppose to be a decentralized, if so , then why do we need a centralized authority decision to make things work for us.
And ETF doesn't change anything about the decentralization of the underlying asset. It's just another way for people to interact with it at an economic level.
But ETF can bring many new investors into the marker. Also, the trade volume will rise.
if everything happens as the author wrote, then we will definitely fall in the price of oen much more in this...
There seems to be a lot of uncertainty and skepticism in the market at the moment.
I am personally not directly concerned about the issue of bitcoin ETF and how it affects the long term stability of cryptocurrencies, but with it's current impact on the market flow. We can only hope for some possitive news.
I am personally not directly concerned about the issue of bitcoin ETF and how it affects the long term stability of cryptocurrencies, but with it's current impact on the market flow. We can only hope for some possitive news.
There is uncertainty, but the news on this front is only going to get better. It is inevitable that an ETF eventually hits the market. In the long run, the approval of an ETF is only going to increase the amount of money flowing into cryptocurrencies. It is better if it takes some time before an ETF hits the market, rather than a false start in regulated markets.
I wondered about the hypocrisy among crypto investors. What at all does traders need from ETF regulations and endorsement for? Isn't cryptocurrency suppose to be a decentralized, if so , then why do we need a centralized authority decision to make things work for us.
And ETF doesn't change anything about the decentralization of the underlying asset. It's just another way for people to interact with it at an economic level.
There seems to be a lot of uncertainty and skepticism in the market at the moment.
I am personally not directly concerned about the issue of bitcoin ETF and how it affects the long term stability of cryptocurrencies, but with it's current impact on the market flow. We can only hope for some possitive news.
I am personally not directly concerned about the issue of bitcoin ETF and how it affects the long term stability of cryptocurrencies, but with it's current impact on the market flow. We can only hope for some possitive news.
Jump to: