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Topic: The EFT and ETF thing is causing a lot of confusion. - page 3. (Read 634 times)

newbie
Activity: 238
Merit: 0
Actually this market is unpredictable first of all based on this situation if ETF gets approval then it will be helpful for market and this market will again strong.
newbie
Activity: 84
Merit: 0
Yes such types of things are really confusing based on this if the ETF gets approval then this market will again stable and this is good thing for market.
newbie
Activity: 112
Merit: 0
Based on this perspective is very difficult to predict based on this if ETF gets approved this market will balance again and it will be helpful for the investors.
member
Activity: 358
Merit: 11
 Grin Yes we have a lot of work even among the trading community, that the Exchange Traded Fund itself is not suppose to be the sole factor in determining price of bitcoins and it has be overrated.
legendary
Activity: 2212
Merit: 1041
There is more to do instead when we thought ETF can make it that people will eventually learn about bitcoin when its finally approved by SEC. The confusion is probably done by those fudsters but whatever they said, its working and they'd probably believe more of it being a scam.

I spoke to someone today and they told me that they read somewhere that Bitcoin crashed, because some stock exchanges

does not want to allow Bitcoin EFTs.  Roll Eyes  I stopped him and explained that a EFT Electronic funds transfer is the

electronic transfer of money from one bank account to another and a ETF is an exchange-traded fund. { an investment fund

traded on stock exchanges }

The general public is getting confused between ETFs and EFTs now.  Roll Eyes  We have a lot of work, guys and gals.  Grin

Lol. Wtf is ETF? I only know about bitcoin ETF. Sec is delaying the decision about it, and rejected some of it.
Many peoples say it is causing the market crashing. But this could be just the markwt manipulation.

Crashing the market is probably the main purpose of it so that big traders the likes of Goldman Sach will come buying more.
newbie
Activity: 182
Merit: 0
I spoke to someone today and they told me that they read somewhere that Bitcoin crashed, because some stock exchanges

does not want to allow Bitcoin EFTs.  Roll Eyes  I stopped him and explained that a EFT Electronic funds transfer is the

electronic transfer of money from one bank account to another and a ETF is an exchange-traded fund. { an investment fund

traded on stock exchanges }

The general public is getting confused between ETFs and EFTs now.  Roll Eyes  We have a lot of work, guys and gals.  Grin

People are confused because they do not have much knowledge of electronic financial transactions. They have an ETF, and I do not know what EFT is, they just mixed up the letters.

This is just what is said about the professionalism of crypto investors. Embarrassed
copper member
Activity: 482
Merit: 1
Personally I am not moved by thus news anymore. We will keep hearing different versions of stories of it while it might be a distraction for us. Lets face our normal business , trade, buy , hold, take profits and enjoy
sr. member
Activity: 434
Merit: 250
I spoke to someone today and they told me that they read somewhere that Bitcoin crashed, because some stock exchanges

does not want to allow Bitcoin EFTs.  Roll Eyes  I stopped him and explained that a EFT Electronic funds transfer is the

electronic transfer of money from one bank account to another and a ETF is an exchange-traded fund. { an investment fund

traded on stock exchanges }

The general public is getting confused between ETFs and EFTs now.  Roll Eyes  We have a lot of work, guys and gals.  Grin
I don't care about this ETF or EFT thing. This FUD will soon be a history and the only people who are affected with this are newbies that get caught in FUD like this. One reason why the market is down is because too many newbies enter the market and didn't know what they are doing.
member
Activity: 532
Merit: 17
I spoke to someone today and they told me that they read somewhere that Bitcoin crashed, because some stock exchanges

does not want to allow Bitcoin EFTs.  Roll Eyes  I stopped him and explained that a EFT Electronic funds transfer is the

electronic transfer of money from one bank account to another and a ETF is an exchange-traded fund. { an investment fund

traded on stock exchanges }

The general public is getting confused between ETFs and EFTs now.  Roll Eyes  We have a lot of work, guys and gals.  Grin

Lol. Wtf is ETF? I only know about bitcoin ETF. Sec is delaying the decision about it, and rejected some of it.
Many peoples say it is causing the market crashing. But this could be just the markwt manipulation.
full member
Activity: 294
Merit: 101
Lead generation one-stop shop platform powered AI
I stopped him and explained that a EFT Electronic funds transfer is the

electronic transfer
It seems to me that for people who do not understand these terms this is not so important) No need to argue or try to convince them.
newbie
Activity: 52
Merit: 0
Naturally, those who do not know about this market, they confuse theirs with ETF and EFT. So, as an investor I think we need to have a good idea about these issues, so that we can eliminate confusion from investors and others.
newbie
Activity: 41
Merit: 0
Actually, there are many shortforms having many abbreviations in several aspects. These are should be understood by common sense and nothing else. If we start to discuss this matter it will surely not end but create nothing but a hazardous conflict Tongue
member
Activity: 308
Merit: 11
The real problem of this market is that a lot of things cause a lot of confusion.
Even if there is no way to predict what the outcome would be in any situation, you can only predict that there will be fud.
Most of us are newbies, most of us don't know a lot about the past and we are just seeing red everywhere, even if there is no cause we are afraid.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
Last week I read in the altcoin discussion a post from one guy who was saying that you should not invest in the upcoming ETF as it's a scam and he should put his money into ETC.
Initially, I was thinking he is just a spammer but guess what, ETF is also a coin Tongue

I'm eagerly waiting to see how you're going to explain to the total newbie in crypto about the ETH ETF and the ETF ETF  Grin

Personally, I've never used the term of EFT in my whole life and google has the same opinion, for it, EFT is primarily Emotional Freedom Techniques 

And secondly, why should everybody know about those terms? Less than 0.001% will actually need to know what it means.



Really ETF is a coin?damn can't help my self to laugh,I didn't know that theres such a altcoin named after the controversial ETF or exchange.but happy to here this since innocence is wht i am having now


Anyway to OP it was a great privilege to be told about he differences of that both ETF and EFT i owe you one here
legendary
Activity: 2828
Merit: 6108
Blackjack.fun
What in the world? EFT, ETF, ETF coin? This is getting confusing. I honestly only knew about the ETF(Exchange Traded Fund) and never knew anything about an ETF coin or EFT which is why this stuff is getting complicated in my opinion. Just imagine how the newbie investors would feel about this dilemma. The only term that matters to me at the moment is ETF due to the upcoming decision on the ETF proposal sometime in September or possibly by the end of the year.

And it gets worse...
We also have an approved BTC ETN which some might confuse with the ETF but we also have an ETN coin (Electroneum).

As I was saying, it's going to pretty funny waiting for A ETF ETF and for the ETN's ETN.
full member
Activity: 882
Merit: 148
I spoke to someone today and they told me that they read somewhere that Bitcoin crashed, because some stock exchanges

does not want to allow Bitcoin EFTs.  Roll Eyes  I stopped him and explained that a EFT Electronic funds transfer is the

electronic transfer of money from one bank account to another and a ETF is an exchange-traded fund. { an investment fund

traded on stock exchanges }

The general public is getting confused between ETFs and EFTs now.  Roll Eyes  We have a lot of work, guys and gals.  Grin
What in the world? EFT, ETF, ETF coin? This is getting confusing. I honestly only knew about the ETF(Exchange Traded Fund) and never knew anything about an ETF coin or EFT which is why this stuff is getting complicated in my opinion. Just imagine how the newbie investors would feel about this dilemma. The only term that matters to me at the moment is ETF due to the upcoming decision on the ETF proposal sometime in September or possibly by the end of the year.
legendary
Activity: 3430
Merit: 1957
Leading Crypto Sports Betting & Casino Platform
I have to agree with OP, there are simply too many abbreviations in Bitcoin and also in IT in general. A lot of these abbreviation are also very similar and this is causing some confusion. People like Roger Ver use these similarities too their advantage, like BTC & BCH.  Roll Eyes

Let's rather use the whole word and then the abbreviation in ( ) at the start, to avoid confusion.
jr. member
Activity: 350
Merit: 4
Bitcoin will get over ETF or whatever its called very soon ,Btc is stronger without it anyway,I think people expect so much of it that's why its causing confusions
legendary
Activity: 1358
Merit: 1001
Everybodys talkin about that ETF thing, Michael Corleone ETF this and Michael Corleone ETF that  Grin Why is that ETF thing so important anyway ? Maybe because large investors cant buy large amounts on exchanges without moving the price up instantly due to relatively small liquidity and with ETF there would be much more volume and huge buy orders wouldnt instantly cause price to go up?
legendary
Activity: 3542
Merit: 1352
Cashback 15%
People won't care as long as they're not entirely involved or affected by it, so who cares? We are far from having mass adoption on the general masses and even if we try to educate them to the best of our abilities, how sure are we that they can really grasp what we're talking about? On another note, for anyone who have been in the crypto world for some time now, it would be quite embarrassing to know that some can't differentiate EFT from ETF. It's fairly easy to do a quick search to educate oneself about it, especially if your money is at stake between these two abbreviations.
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