Topic: What's gonna happen if Bitcoin gets ETF approval??? All about bitcoin ETF (Read 328 times)
September 13, 2018, 07:09:14 AM
What happens in the case of fraud? ... and Europe if financial innovators aren't allowed to bring products to market that grow ... Bitcoin ETFs will make it far, far easier to buy Bitcoin in a space that is currently rather convoluted. ... Coinbase or try to get their head around digital wallets with encrypted keys, etc.
September 04, 2018, 08:19:43 PM
Thanks for your information! But ETF is not the same purpose how bitcoin was born! With ETF, people get butcoin into one place, and make it not decentralized as its purpose at the first time. So I think ETF is impossible for bitcoin 
How about you guys?
How about you guys?
September 04, 2018, 08:07:35 PM
this will be the perfect opportunity to exchange your bitcoin for altcoins because I do not think that altcoins are going to go up in value because this is a news that only involves bitcoin.
you meant to say "exchange your altcoins for bitcoin"! in other words sell your altcoins. which is what i agree with because i don't see any scenario that altcoins can be a good investment in the coming month. there is just a certain number of scenarios and each one are the same more or less.
if bitcoin rises, altcoins usually drop which means you shouldn't be holding them. even if they don't drop they still wouldn't be able to rise more than bitcoin which again means you should be holding bitcoin.
if bitcoin drops the altcoins will definitely get dumped. this is the most obvious case which you shouldn't be holding any alt in it.
September 04, 2018, 04:38:34 PM
We're probably going to get a spike in the price of bitcoin, however I really think this is going to be short lived but it is going to push the price higher than the current levels, this will be the perfect opportunity to exchange your bitcoin for altcoins because I do not think that altcoins are going to go up in value because this is a news that only involves bitcoin.
September 04, 2018, 03:05:23 PM
Whether the ETF is positive or not. Bitcoin will keep going again. However, if it is negative, it will get stuck for a while. ETF expectant always pulled up the price. Moreover, this latter is much more important.
July 28, 2018, 01:54:32 PM
From my point of view I believe SEC will approve ETF. I think SEC have to approve this think because of three things because firstly value is increase, secondly new investor like to invest here and last but not the list market situation will change. So SEC will approve it definitely.
July 28, 2018, 01:53:51 PM
First of all if it happen it will be great new for us. I think three think will happen if it approved by SEC. The value of bitcoin may raise. Secondly Many people try to invest in bitcoin. Finally it will change the market position. I believe sec will approve ETF.
July 28, 2018, 03:49:40 AM
ICO journal predicted a 90% chance of bitcoin on an ETF approval. Price is about to rise in the market even more. Hoping for the best to happen.
July 28, 2018, 03:42:51 AM
The excitement of ETF will definitely affect the growth of the crypto-currency market, it is inevitable. New players will come to the market, and this is a sign of market growth. It can not be otherwise.
July 27, 2018, 02:42:59 PM
the commissioner wants it through anyway
her argument seems convincing and it seems the sec are over stretching their mandate to refuse it
the winkies may have had a weakness in their proposal that the others can null ie taking price from an average of the top exchanges and not just the price on their own exchange
that is what someone told me whether it is correct or not ... I have no idea.
Nice to believe that is possible though.
her argument seems convincing and it seems the sec are over stretching their mandate to refuse it
the winkies may have had a weakness in their proposal that the others can null ie taking price from an average of the top exchanges and not just the price on their own exchange
that is what someone told me whether it is correct or not ... I have no idea.
Nice to believe that is possible though.
July 27, 2018, 02:15:24 PM
Thanks alot for this piece of information as I was ignorant of what bitcoin ETF was.. My question is why was this idea rejected by SEC?? Are they enemies of cryptocurrency?
July 27, 2018, 02:07:09 PM
Don't take what OP is saying for granted. It's not going to jump to 40-50k USD just like that purely because of one ETF getting approved. There are various companies trying to achieve it because whoever will be the first will get the first wave of investors and we all know that this first wave consists of people who were eying this opportunity for years. There's big money at play on both sides and I believe that even politicians and members of agencies are playing the market. Nobody will miss an opportunity to make money, especially on a secure and regulated platform. If they approve 1 ETF the others will use the approved project as a template to make sure they'll get approved too.
July 27, 2018, 09:05:05 AM
they are stalling about Bitcoin ETF approval since years - I don't think they will allow it soon.
Agree with you, it means sec is serious about it and really considering all safety netsapprovals take time, rejection is quick
July 27, 2018, 08:56:24 AM
According to ICO journal, there is 90% chance that bitcoin will have ETF approval. Demand for BTC will surely increase with big investors participating in the market and price is likely to go up as well as there will be less FUD in the market. All we can do is wait and hope for the best.
It's true. Once the ETF is approved, Bitcoin price will surely skyrocket! The Lambo dreams of the majority will be more possible. Aside from that, it will be highly recognize worldwide. The Crypto Era is now beginning! Let's hope that everything will be alright.
July 27, 2018, 05:20:45 AM
And now, let's explain why ETFs are just more of what Bitcoin was built to replace.
In case anyone hadn't noticed, the global economy is in turmoil because all the banks and other big institutional investors are constantly gambling on derivatives and other such financial instruments. These instruments largely consist of repackaged debt obligations and IOUs. Then, when they inevitably get their bets wrong, the public has to bail the banks out, the pension pots get raided until there's hardly anything left, the stock market eventually crashes and the traders start throwing themselves out of windows again. Rinse, repeat. That's literally how it works. The global economy in a nutshell. But whatever happens, it's ultimately ordinary people who don't realise any of this is happening who end up being the ones who foot the bill. Yet, despite how ridiculous it all is, no one who's actively involved in this game seems to want to change it. It's a terrible system. It's so insane that you couldn't make this shit up. It's a farce.
So someone created Bitcoin. A pure system, with no debt. And it's great. No one can take money they haven't actually got to gamble with on bad debts. But, instead of embracing this superior model, institutional investors wanted more infinite debt to gamble with, so they eagerly await the launch of BitcoinETFs IOUs where they can continue to speculate from the sidelines in the worthless casino they seemingly can't find the exit from. Apparently that's too "complicated" for them. 
They aren't going to be holding any actual bitcoins, they're just going to be playing with the IOUs. That's their loss.
In case anyone hadn't noticed, the global economy is in turmoil because all the banks and other big institutional investors are constantly gambling on derivatives and other such financial instruments. These instruments largely consist of repackaged debt obligations and IOUs. Then, when they inevitably get their bets wrong, the public has to bail the banks out, the pension pots get raided until there's hardly anything left, the stock market eventually crashes and the traders start throwing themselves out of windows again. Rinse, repeat. That's literally how it works. The global economy in a nutshell. But whatever happens, it's ultimately ordinary people who don't realise any of this is happening who end up being the ones who foot the bill. Yet, despite how ridiculous it all is, no one who's actively involved in this game seems to want to change it. It's a terrible system. It's so insane that you couldn't make this shit up. It's a farce.
So someone created Bitcoin. A pure system, with no debt. And it's great. No one can take money they haven't actually got to gamble with on bad debts. But, instead of embracing this superior model, institutional investors wanted more infinite debt to gamble with, so they eagerly await the launch of Bitcoin
They aren't going to be holding any actual bitcoins, they're just going to be playing with the IOUs. That's their loss.
this is completely right. On the one hand, with ETF, Bitcoin price will grow indeed. But do we want to that growth? Are we here to earn money or support a movement? Majority choose the first option, I'm sure
July 27, 2018, 05:13:54 AM
I hope that the cost of bitcoin will increase and reach new maximum values, but I agree that only after acceptance we can see what will happen to him in fact, perhaps this is another manipulation
July 27, 2018, 05:07:52 AM
I think there's been too much talk about ETFs lately, but the rate isn't rising from that. I think you should be careful
July 26, 2018, 09:32:53 AM
In my opinion, if approval does happen, bitcoin will go up rapidly, as the market expands for investors, and will be able to reassess itself and give people confidence, as a result of which there will be a large influx of investments.
July 26, 2018, 09:32:27 AM
There are three things that are possibly going to occur if bitcoin ETF will be approved by the Securities and Exchange COmmission. The first is that bitcoin may increase in value because of the good news, 2nd is that bitcoins value will decrease in value or 3rd there will be no effect. So today what we have is only a possibility but we will see what will really happen only after it was approved.
I disagree. there is only one possibility, price will definitely increase in case ETF is approved by the SEC. and it won't be because ETF is a good thing or anything like that but it would be because of Fear Of Missing Out and pure speculation that bitcoin should rise because ETF was approved!
it doesn't have to even make sense, people have to believe in it and then act on this speculation for the price to go up. of course there is positive sides to such approval by SEC too but that will be more of a long term effect.
It still depends largely on what would the market reaction be. While most people are banking on the bitcoin ETF to be approved, without enough support on a possible push, it wouldn't be an increase at all. Most people see the approval of an ETF to be somewhat magical, while in reality if a large group of traders aren't believing on the effects of such, there would be a stalemate and no real crashes or increase at all. As you've said, it's pure speculation, and even with the approval of a 'big' event, what happens in the price will still be pure speculation, so assuming that it will definitely increase is somewhat wrong.
yeah, I agree. I actually have changed my mind in the past 3 days. I no longer say "definitely" increase any more. I think we may even see a drop although that depends on how the market reacts up until that point. the drop that I am talking about is the "sell the news" kind of drop which means there should first be a big rise prior to the statement from SEC regarding approval or disapproval of ETF.
July 26, 2018, 09:21:30 AM
If Bitcoin gets ETF approval, then Bitcoin will be more profitable since it will be more secure. I think the demand will increase after getting ETF approval in many crystalline demand in the crypto market.
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