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Topic: Predictions if Bitcoin ETFs are approved - page 3. (Read 21958 times)

sr. member
Activity: 924
Merit: 260
January 22, 2019, 01:59:30 PM
#92
If ETF is approve by sec this year it will be the reason why bitcoin and cryptocurrencies market is going to pump. I think many institutions investors are waiting for this approvals in other for them to invest into cryptocurrencies market as it seen the alternative to stocks and commodities market currently.
jr. member
Activity: 378
Merit: 3
January 22, 2019, 06:56:07 AM
#91
the main prediction if bitcoin Etfs are approved then we can expect the market to touch around 8000 dollars to 10000 dollars There are chances Etfs see positive news from Sec
hero member
Activity: 1820
Merit: 515
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January 21, 2019, 01:49:46 PM
#90
In my opinion there will be few months of big consolidation period or a slight uptrend price action for Bitcoin, for altcoins hard to say but probably they're going to have an even better price action than Bitcoin.
There will be some huge hype on the prices initially but in long ru it may not get any effect and its unlikely going to get approved too so there is no need to worry about ETF approval it also a word can tell by the price manipulators.
legendary
Activity: 3332
Merit: 1191
January 21, 2019, 01:05:07 PM
#89


They're trying to control the number 1 cryptocurrency. They want everybody to participate once it's approve. Im not even sure if the BTC price will really rise if ever ETF get's approve because 2018 really slapped everyone with their prediction of bitcoin to hit $25k.
This should be discussed also, cause people might be disappointed if they don't see what they expect in the price after ETF approval. I expect some reaction with the approaching ethereum hard fork, something in the height of $500 but it is struggling to stay above $100. I am looking at where the hope comes from. The whales are in charge and we call it decentralized.

Whales are not in charge, they are making huge waves but they are not in charge, again we can discuss about mining power and are whales and miners are the same people or you have whales among ordinary people too.  Each of us have optimistic prediction about crypto future, it`s cause we have crypto, and new big wave will come again, just not so soon like many people thinks it will. I`m here for a while, and I can say that world was never so interested in crypto like now, that will reflect on price eventually, we just need to be patient.
sr. member
Activity: 509
Merit: 250
January 20, 2019, 12:27:57 PM
#88
In my opinion there will be few months of big consolidation period or a slight uptrend price action for Bitcoin, for altcoins hard to say but probably they're going to have an even better price action than Bitcoin.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
January 20, 2019, 10:22:42 AM
#87


They're trying to control the number 1 cryptocurrency. They want everybody to participate once it's approve. Im not even sure if the BTC price will really rise if ever ETF get's approve because 2018 really slapped everyone with their prediction of bitcoin to hit $25k.
This should be discussed also, cause people might be disappointed if they don't see what they expect in the price after ETF approval. I expect some reaction with the approaching ethereum hard fork, something in the height of $500 but it is struggling to stay above $100. I am looking at where the hope comes from. The whales are in charge and we call it decentralized.
member
Activity: 700
Merit: 14
January 20, 2019, 09:24:50 AM
#86
I think it will either have a great impact on the price or a horrible one. After all this has been something we have been waiting for for a long long time and if the price doesn't really go up like the way we imagine it will be than we will be left with a similar priced coin that didn't get affected by the thing we hoped it would. That would create a chaos and the price would drop significantly because of people who lost hope on bitcoin price panic selling the coins they hold.

That hopelessness will spread soon to other coins as well and there will be a lot of people who get out of bitcoin and crypto markets totally moving to something else. However if what we imagine happens than we will definitely go towards higher prices like we hoped and than everything will be fine.


Why one end or another? Do you really believe that SEC, which is US securities and exchange commision, can have so huge affect on crypto? We have governments and banks on one side, crypto on other side, let`s take a look on a simple example:

What is Bitcoin ETF?
Let's understand the Bitcoin ETF meaning - The Bitcoin ETF will be the fund where the underlying asset will be Bitcoin. The Bitcoin ETF will provide the retail investors an opportunity to buy Bitcoin directly through the stock market, without actually owning it.

If you buy a Bitcoin ETF, then you don’t have to worry about its technical challenges like maintaining a Bitcoin wallet, buying Bitcoin and keeping it safe as well.
Source https://coinswitch.co/news/bitcoin-etf-approval-what-is-bitcoin-etf

Now can you say me did we need a stock market before? Did we need to give someone our private keys before? What does bitcoin etf really means? For me that`s just funny, how one government is trying to suppress and somehow regulate very fast growing crypto community.

They're trying to control the number 1 cryptocurrency. They want everybody to participate once it's approve. Im not even sure if the BTC price will really rise if ever ETF get's approve because 2018 really slapped everyone with their prediction of bitcoin to hit $25k.
legendary
Activity: 3332
Merit: 1191
January 20, 2019, 09:21:01 AM
#85
I think it will either have a great impact on the price or a horrible one. After all this has been something we have been waiting for for a long long time and if the price doesn't really go up like the way we imagine it will be than we will be left with a similar priced coin that didn't get affected by the thing we hoped it would. That would create a chaos and the price would drop significantly because of people who lost hope on bitcoin price panic selling the coins they hold.

That hopelessness will spread soon to other coins as well and there will be a lot of people who get out of bitcoin and crypto markets totally moving to something else. However if what we imagine happens than we will definitely go towards higher prices like we hoped and than everything will be fine.


Why one end or another? Do you really believe that SEC, which is US securities and exchange commision, can have so huge affect on crypto? We have governments and banks on one side, crypto on other side, let`s take a look on a simple example:

What is Bitcoin ETF?
Let's understand the Bitcoin ETF meaning - The Bitcoin ETF will be the fund where the underlying asset will be Bitcoin. The Bitcoin ETF will provide the retail investors an opportunity to buy Bitcoin directly through the stock market, without actually owning it.

If you buy a Bitcoin ETF, then you don’t have to worry about its technical challenges like maintaining a Bitcoin wallet, buying Bitcoin and keeping it safe as well.
Source https://coinswitch.co/news/bitcoin-etf-approval-what-is-bitcoin-etf

Now can you say me did we need a stock market before? Did we need to give someone our private keys before? What does bitcoin etf really means? For me that`s just funny, how one government is trying to suppress and somehow regulate very fast growing crypto community.
hero member
Activity: 1092
Merit: 523
January 17, 2019, 10:26:19 AM
#84
I think it will either have a great impact on the price or a horrible one. After all this has been something we have been waiting for for a long long time and if the price doesn't really go up like the way we imagine it will be than we will be left with a similar priced coin that didn't get affected by the thing we hoped it would. That would create a chaos and the price would drop significantly because of people who lost hope on bitcoin price panic selling the coins they hold.

That hopelessness will spread soon to other coins as well and there will be a lot of people who get out of bitcoin and crypto markets totally moving to something else. However if what we imagine happens than we will definitely go towards higher prices like we hoped and than everything will be fine.
sr. member
Activity: 882
Merit: 269
January 17, 2019, 09:52:14 AM
#83
Since 2016 that I come into bitcoin fully the issues of ETF approval has been the reason why bitcoin get dumped in pricing.  Bitcoin is going to do well when bitcoin ETF is approve then.  I seriously believe that investors are going to come into the market in ETF miraclely get approved.
hero member
Activity: 1246
Merit: 529
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January 17, 2019, 08:36:32 AM
#82
There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?
For sure cryptocurrency will get a good market for all its clients or consumers. Bitcoin that has reached its peak market price which is the 19K USD recorded on last 2017, it will be multiplied couple of times depending on the demand for that time if Bitcoin ETF's will be approved. Many user's will become glorious in this if it will going to happen.

I really find it strange that people are still talking about ETFs after all this while. You think the so-called Wall Street bulls are waiting for ETFs so they can change their ways of investing? Of course not,,, there are more than 150 countries outside USA willing and ready to take money for Bitcoin. OTC deals are so common now,,, if Wall Street does not know about this, that would be a shock.

Exactly. They put money in with or withiout etf. People have been badly beaten by the bears that they pin hopes on pretty much anything that sounds positive. Don't raise your hopes that much on this etf approval guys. Heartbreaks would hurt more.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
January 17, 2019, 02:08:06 AM
#81
There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?
For sure cryptocurrency will get a good market for all its clients or consumers. Bitcoin that has reached its peak market price which is the 19K USD recorded on last 2017, it will be multiplied couple of times depending on the demand for that time if Bitcoin ETF's will be approved. Many user's will become glorious in this if it will going to happen.

I really find it strange that people are still talking about ETFs after all this while. You think the so-called Wall Street bulls are waiting for ETFs so they can change their ways of investing? Of course not,,, there are more than 150 countries outside USA willing and ready to take money for Bitcoin. OTC deals are so common now,,, if Wall Street does not know about this, that would be a shock.
full member
Activity: 924
Merit: 221
January 17, 2019, 01:23:23 AM
#80
There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?
For sure cryptocurrency will get a good market for all its clients or consumers. Bitcoin that has reached its peak market price which is the 19K USD recorded on last 2017, it will be multiplied couple of times depending on the demand for that time if Bitcoin ETF's will be approved. Many user's will become glorious in this if it will going to happen.
hero member
Activity: 1610
Merit: 507
January 17, 2019, 12:47:46 AM
#79
Maybe it will make the price moves to the higher price. But if once again bitcoin ETF got rejected, maybe it will push the price to get down again. But it doesn't mean bitcoin will end because bitcoin can rise again after the fallen and the price will increase higher. While I watch the bitcoin price moves in the market, I see that the traded is not too fast like before and I think people are waiting for a moment to enter to the market so they can buy bitcoin at a low price.
hero member
Activity: 2940
Merit: 613
Winding down.
January 16, 2019, 12:43:29 AM
#78
There are several groups trying to create cryptocurrency ETFs.What will happen to the value of bitcoin if Bitcoin ETFs are approved ?
The opposite thing when ETF was disapproved, last year there are a lot of times when ETF was dissaproved a it resulted to a plummets of price.
Therefore I believe that when it's gonna be approved, it will bring significant increase of the price, not only on bitcoin but on the entire market of crypto.
hero member
Activity: 2646
Merit: 686
January 15, 2019, 01:03:15 PM
#77
To my personal opinion the influence of ETF approval on Bitcoin price is exaggerated. Even if approval happens I don't expect such big impact, at least not at long term. Some price rise might happen but this will be more of an instant character and the range will not be so big.
Also,  why relaying on ETF when we are all aware that this could be delayed indefinetely so don't count on that in making your personal goals and strategy.

Hey I believe there’s a huge wave of sentiments riding on the approval of Bitcoins Etf, hence if approved I believe it shall have significant impact on the prices. It may not have the same impact like the one we witnessed during December 2017 rally, but it’ll definitely propel prices upwards at least up to 8k. Also it’s pertinent to note that if it was not to be approved we may only see a minor correction in the prices, as the possibilities of it not being approved has already been discounted.
sr. member
Activity: 1274
Merit: 261
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January 15, 2019, 11:47:46 AM
#76
To my personal opinion the influence of ETF approval on Bitcoin price is exaggerated. Even if approval happens I don't expect such big impact, at least not at long term. Some price rise might happen but this will be more of an instant character and the range will not be so big.
Also,  why relaying on ETF when we are all aware that this could be delayed indefinetely so don't count on that in making your personal goals and strategy.

   It really is Bitbunny. People think too much about ETF approval. What ETF can do is to give some legitimacy to Bitcoin, and people will
fell more comfortable to use Bitcoin. For people who already decided to use Bitcoins ETF will not change much. 
   Every marketing is a good marketing, what ever they decide now can be changed next year. It`s just some approval, they will give it a
pass one day.
jr. member
Activity: 378
Merit: 3
January 15, 2019, 09:03:41 AM
#75
In coming months they are Bitcoin Etf approvals so once we get these approvals we will see a positive bull market for crypto market
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
January 15, 2019, 07:48:18 AM
#74
To some their is high level of confidence on the approval to another it cant happen sooner than 2020. I believe the approval will affect the adoption rate, the important thing about this adoption is the long term effect.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
January 15, 2019, 07:40:05 AM
#73
To my personal opinion the influence of ETF approval on Bitcoin price is exaggerated. Even if approval happens I don't expect such big impact, at least not at long term. Some price rise might happen but this will be more of an instant character and the range will not be so big.
Also,  why relaying on ETF when we are all aware that this could be delayed indefinetely so don't count on that in making your personal goals and strategy.
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