So no one cares about ETF decision, right? - page 2.

olubams

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Quote from: Dudeperfect on March 11, 2017, 05:01:57 AM

We haven't seen any huge downfall (as expected) after the decision of ETF. Do you think that we as bitcoin users have not paid any value to the ETF's decision?

In the case of disapproval, the predictions were floating around below $1,000 mark but we haven't seen any such mark.

Is it too early to speak about it or we have given a message to the world something like this?

Interested in exploring community's opinion about it. Bears must be disappointed because they lost the chance to short for huge points.

The reason I can adduced to that is that people in this crypto-world e are getting more mature that we no longer give in to series of panic selling and that all not all news we allow to influence our decisions concerning bitcoin. When the momentum was high concerning what will happen to bitcoin if the decision is negative, I hold the believe that whether ETF or no ETF bitcoin will still stand and we will still be here and thats exactly what happened...

The_prodigy

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Those big holders of bitcoin are waiting for ETH to be approved let's say years past and this is the first time that there an good opportunity coming , but since ETH rejection doesn't affect the price of bitcoin its doesn't matter to me at all bitcoin will still a bitcoin and it will be the same.

megynacuna

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Quote from: gribble on March 16, 2017, 09:50:21 AM

Personaly i don't care about rejection ETF, because without approval bitcoin is still alive up to right now,
bitcoin will be live as long as there are people who use it,
we are comunity of bitcoin must care to bitcoin because bitcoin needs us, bitcoin doesn't needs regulator
bitcoin doesn't needs countries or other

I agree with you, j think we should keep Bitcoin natural and don't introduce any unnecessary policies that might influence it negatively. We are good with or without ETF.

gribble

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Personaly i don't care about rejection ETF, because without approval bitcoin is still alive up to right now,
bitcoin will be live as long as there are people who use it,
we are comunity of bitcoin must care to bitcoin because bitcoin needs us, bitcoin doesn't needs regulator
bitcoin doesn't needs countries or other

Reid

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Quote from: Red-Apple on March 16, 2017, 07:00:17 AM

Quote from: danherbias07 on March 16, 2017, 05:02:07 AM

Hilarious. Grin

Some people here are so excited about that before it happened and now they are saying they dont really care. Hypocrites.
When I found the news about that ETF thing I didn't really care much not even a little excitement came to me.

there are only three groups of people.
1. those who saw beyond all the surfaces and all the FUDs and knew ETF is not really going to change that much. (approval a little good news and little help and rejection 0 effect) and said so.
2. those who were two faced, meaning they knew this but wanted to buy cheap bitcoins so they started putting wood in the fire so maybe they can buy cheaper coins.
3. sheeps! it doesn't really need explaining a sheep is someone who reads stuff online and moves with the herd not using his own brain.

Sheeps! Yes I have seen a lot of that too.
Just going with the flow or just agreeing with everything a Legendary member says.
Not having your own opinion sucks. You must be willing to create your own if you want a better future.
ETF will just be there it aint going away. We can apply again for that and maybe next time it will be considered.

boyptc

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Quote from: Xester on March 16, 2017, 09:09:45 AM

Quote from: danherbias07 on March 16, 2017, 05:02:07 AM

Hilarious. Grin

Some people here are so excited about that before it happened and now they are saying they dont really care. Hypocrites.
When I found the news about that ETF thing I didn't really care much not even a little excitement came to me.
Here is one of my post.

Quote

Whales dont panic. They invested a lot of money and know the risk.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed

There are many comments here as to how people are excited about the approval of the ETF but actually it is not the ETF that they are really aiming and getting excited of but rather the potential price spike if ETF will be approved. They also said they dont mind if ETF will be disapproved since the price of bitcoin was not affected by the disapproval of the ETF.

Yeah, actually I'm one of those people that is very excited before while waiting for the result of ETF. Because I'm really hoping that the price can keep on increasing but unluckily we saw the rejection and it didn't passed. And I was expecting that it's a 30/70 chance of ETF to be approved but the sad truth is it didn't.

Xester

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Quote from: danherbias07 on March 16, 2017, 05:02:07 AM

Hilarious. Grin

Some people here are so excited about that before it happened and now they are saying they dont really care. Hypocrites.
When I found the news about that ETF thing I didn't really care much not even a little excitement came to me.
Here is one of my post.

Quote

Whales dont panic. They invested a lot of money and know the risk.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed

There are many comments here as to how people are excited about the approval of the ETF but actually it is not the ETF that they are really aiming and getting excited of but rather the potential price spike if ETF will be approved. They also said they dont mind if ETF will be disapproved since the price of bitcoin was not affected by the disapproval of the ETF.

pearlmen

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We all care about ETF but since it has gone the way it does, I don't think there is any need to still gloat about what is in the past now. The moment we have all made up our mind and not to be affected negatively by one decision coming or going the more stability it gives to bitcoin and even shame those who are the evil predictions about how bitcoin will come crashing in case there is any negative news. So lets assume we don't care and move on.

btvGainer

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It is not correct to say that no one cares about ETF.Imagine if ETF had approved, the situation would be different now.
But we can say that bitcoin has become strong enough to be effected by any single factor.
It is good that negative things and news effect bitcoin less than positive things.

Red-Apple

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Quote from: danherbias07 on March 16, 2017, 05:02:07 AM

Hilarious. Grin

Some people here are so excited about that before it happened and now they are saying they dont really care. Hypocrites.
When I found the news about that ETF thing I didn't really care much not even a little excitement came to me.

there are only three groups of people.
1. those who saw beyond all the surfaces and all the FUDs and knew ETF is not really going to change that much. (approval a little good news and little help and rejection 0 effect) and said so.
2. those who were two faced, meaning they knew this but wanted to buy cheap bitcoins so they started putting wood in the fire so maybe they can buy cheaper coins.
3. sheeps! it doesn't really need explaining a sheep is someone who reads stuff online and moves with the herd not using his own brain.

xSkylarx

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Quote from: Dudeperfect on March 11, 2017, 05:01:57 AM

We haven't seen any huge downfall (as expected) after the decision of ETF. Do you think that we as bitcoin users have not paid any value to the ETF's decision?

In the case of disapproval, the predictions were floating around below $1,000 mark but we haven't seen any such mark.

Is it too early to speak about it or we have given a message to the world something like this?

Interested in exploring community's opinion about it. Bears must be disappointed because they lost the chance to short for huge points.

It's not that we don't care about the SEC decision that they didn't approve the bitcoin ETF, so we experienced this huge downfall of the bitcoins price temporarily, but its not that low compare to the bitcoins price this last year. This year is really good for us because bitcoins price is continuing to rise and also getting low between $1100 to $1200.

Though the rejection of the bitcoin ETF, still, bitcoin is still standing on its feet without the help of the Government, but if that bitcoin ETF was approved by the SEC, then it would be more good because the bitcoin price will continue to rise and will not experience this downfall of its price again.

Victorycoin

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Actually the pursuit of the ETF was designed for Bitcoin and not the other way round, so it wasn't really a case of egg and chicken. Bitcoin was already on course, though the approval of the EFT would have boosted it, but as is evident, its disapproval actually mattered less am I personally would have been surprised, if it were approved, because that would simply signal the government approval of something that threatens that is admittedly beyond their control.

danherbias07

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Hilarious. Grin

Some people here are so excited about that before it happened and now they are saying they dont really care. Hypocrites.
When I found the news about that ETF thing I didn't really care much not even a little excitement came to me.
Here is one of my post.

Quote

Whales dont panic. They invested a lot of money and know the risk.
The real problem here is the small investors which combined could make a big dump. They must be pursued not to sell even if they are holding 1 bitcoin or 2. They must understand that it doesn't work like that and ETF wont even make so much difference. If not, we are doomed

Mr.grin

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Quote from: bitbunnny on March 16, 2017, 04:53:27 AM

Exactly, no one realy cares anymore because it's past tense now, no big impact hasn't happened, Bitcoin has successfuly survived this so,we can move on. The price is on the positive track, users stopped to panic and I can't see any reason why we should further bother with ETF. Let's bother with the future, not the past.

Well, for now no doubt that the discussion was not overly affect bitcoin, in fact, the price of bitcoin not changed significantly, because basically bitcoin also has persisted long before the discussion begins. but, it may affect the bitcoin if it is accepted.

xypos

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Well personally I do not believe that the ETF mattered that much in the first place. Sure, it probably meant a lot for the Winklevoss twins as obviously they had direct association with the ETF but not with the average bitcoiner. If you want to invest in bitcoin you can just invest directly into it and that is probably much more efficient and safe than investing in a bitcoin based ETF in my opinion.

So pleasantly surprised that seemingly most bitcoiners have the same opinion as me on the subject

I would like to see bitcoin grow more and more, and more stable as well in value. We shouldn't care about what the SEC thinks of us.

bitbunnny

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Exactly, no one realy cares anymore because it's past tense now, no big impact hasn't happened, Bitcoin has successfuly survived this so,we can move on. The price is on the positive track, users stopped to panic and I can't see any reason why we should further bother with ETF. Let's bother with the future, not the past.

Dudeperfect

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After analysing 60+ replies, I conclude the opinion that yes ETF's decision was important to bring more users on the board but on the other hand, disapproval has not caused any serious reflection on the bitcoin value (ignoring Nike logo as a panic buy/sell scenario). The bitcoin is on a bullish run and will continue so until there is any reason, not to behave so.

romero121

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Quote from: bravehearth0319 on March 16, 2017, 03:37:05 AM

Quote from: Amadues on March 11, 2017, 05:25:35 AM

In 8 years of bitcoin history no ones has waited an ETF decision for adopt/ buying/ using this technology .
So actually after this rejection no one cares about ETF, until the next round (as I have read the twins will try again an ETF approval).

Agreed, besides bitcoin reached 1253$ or more so far. In fact, Even Etf rejected by the Sec I know it doesn't affect me at all, maybe others are very much frustrated after the decision has been finally made then price of bitcoin at once dropped to 1050$ I think but now we already recovered the price it is because of the strong demand of the users of bitcoin all around the world.

ETF is important factor to take bitcoin something as an asset similar to gold in terms of market share and trading commodity. Though the price after etf too is found good similar to the days before etf decision, anytime fall in price will be experienced as the market now has several inpact from etf to the network asylum.

bravehearth0319

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Quote from: Amadues on March 11, 2017, 05:25:35 AM

In 8 years of bitcoin history no ones has waited an ETF decision for adopt/ buying/ using this technology .
So actually after this rejection no one cares about ETF, until the next round (as I have read the twins will try again an ETF approval).

Agreed, besides bitcoin reached 1253$ or more so far. In fact, Even Etf rejected by the Sec I know it doesn't affect me at all, maybe others are very much frustrated after the decision has been finally made then price of bitcoin at once dropped to 1050$ I think but now we already recovered the price it is because of the strong demand of the users of bitcoin all around the world.

Sled

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The to this question is you can see on the price chart, i think it is easy to see that the price didn't have a huge drop and just a little bit then that is the proof that people is not interested even the ETF is rejected because they just care for ETF if it is approved by the SEC because they believe that it will affect the price a lot.

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