Topic: Which is more important for us, more investment (ETF) or more adoption? - page 2. (Read 696 times)
September 10, 2018, 07:24:34 AM
Both of these variants are so significant in the work with crypto. I think that investing is too needed to be done and adoption is important for the a lot of strange situations as well.
September 07, 2018, 03:32:51 PM
More adoption is what we need at this point but if you look at it, it is a case of one leads to the other when it comes to both of these things. With etf approval, there will be more people who believe bitcoin and its applications which means more people who are willing to invest in the coins, meaning more adoption. If we were to pick one then adoption is what we need.
September 04, 2018, 09:49:05 AM
Of course, if the cryptocurrency is widely used in real life, then interest in it will increase and this will inevitably lead to the fact that the market will actively grow and develop.
September 04, 2018, 09:23:26 AM
Yes investments with ETF is really good and real it make you invest and have a rest of mind why because with ETF you will not lose your money and if it's been used in some project it will attract more investor's to invest like companies and industry which will make the coin raise up.
September 04, 2018, 04:53:39 AM
I think cryptocurrency will be adopted in near two or three years. Projects like Ripple or Stellar could become a substitution to swift and local bank payments. Bitcoin will be adopted for illegal operations for example.
September 04, 2018, 04:25:20 AM
first we need more usefulness then we need more adoption of that useful coin and finally we don't care about ETFs at all.
in other words the altcoins first need to come up with innovative ways of becoming a good currency that can be used in real world and not just stay on exchanges for pump and dump. and for that they need to give up trying to compete with bitcoin by manipulating the market cap, block speed, block size,... they need to actually work on real features that are secure and useful at the same time.
if that happens then the adoption of them will be so much easier and with it their prices will grow up a lot faster and much easier.
who needs ETF when there is merchant adoption? look at bitcoin...
in other words the altcoins first need to come up with innovative ways of becoming a good currency that can be used in real world and not just stay on exchanges for pump and dump. and for that they need to give up trying to compete with bitcoin by manipulating the market cap, block speed, block size,... they need to actually work on real features that are secure and useful at the same time.
if that happens then the adoption of them will be so much easier and with it their prices will grow up a lot faster and much easier.
who needs ETF when there is merchant adoption? look at bitcoin...
September 04, 2018, 04:03:40 AM
When i think about ETF, i think more investment will come. It is good for bitcoin and also alts. But how if it will become like late 2017? when majority crypto users are traders and investors who expect moon and lambo. And cryptocurrency become speculative things rather than digital currency.
Now we see the result. Crypto market hard to recover because no one want to buy, we only hold and waiting whales or random person to start a bull run or "institutional money" to come in.
Same person who buy and sell.
I think we might see different result if cryptocurrency have wide adoption/real usage as digital currency, because that will bring continuous real demand. and market recovery wouldn't be too hard
If the ETF is accepted it will reinforce confidence in the market and investors who have left the market since early 2018 will return to the market. Now the rest of the market is the holders and they just want to buy everything cheap and wait for their altcoin to go to the moon. That will never happen if no one is buying and selling to push up prices. Now we see the result. Crypto market hard to recover because no one want to buy, we only hold and waiting whales or random person to start a bull run or "institutional money" to come in.
Same person who buy and sell.
I think we might see different result if cryptocurrency have wide adoption/real usage as digital currency, because that will bring continuous real demand. and market recovery wouldn't be too hard
September 04, 2018, 03:59:32 AM
I think the main issue with Bitcoin now is its dual function it serves, Store of value and medium of exchange. I think for store of value we need ETF because it brings along more institutional investors into the space, adoption IMO, people buy something on the market and in few minutes it is moved to exchange to convert to Fiat which is not really good we need people to be comfortable holding these coins for long
September 04, 2018, 03:57:12 AM
I think that the most important is investment but I can't say that more adoption isn't important at all. to my mind, both play its own role and we need to take this into account
September 04, 2018, 03:49:23 AM
Investments are more needed here I am sure, they help in development so much and current crypto market is too weak and it is necessary to support it with great investments.
September 03, 2018, 06:53:43 PM
I consider that the hype around ETF was sensible. The rejection ETF causes many investors no to trust in crypto assets and moreover some institutional investors and funds are not able to invest in crypto assets without ETF and has invoked a new wave of negative cash flow. I think we should understand if SEC has rejected ETF it menas that SEC does not trust crypto market and crypto market does not suit for all prerequisites to launch ETF on bitcoin. I think we should be more careful to invest in various crypto assets especially in the current moment because I suppose that the downtrend on crypto market is still continuing.
but in my opinion if only ETFs were really rejected, then chances are that what could happen is that other bitcoins and altcoins only occur temporarily dumps, so recovering in crypto can still occur, maybe this is just a trick of politicians who want to enter the crypto world
September 03, 2018, 05:47:29 PM
For me I believe ETF will surely bring mass adoption to the crypto space, I believe once ETF is approved, it will create create FOMO in the space, which will make more people to join the space and invest in the crypto currency
This is only going to create speculation, I'm not completely against it because we can benefit through it but at the same time if what we want is to have a stable high price in the future we need adoption, that is what we really need and for that we need that the market of cryptocurrencies in general is managed in a more professional way, until that is the case the market is not going to reach its full potential. August 29, 2018, 11:39:59 AM
The two of them is important, which ever one that comes first will make the other one to happen, if mass adoption happens, it will fasten ETF and if ETF happen, it will make the mass adoption to happen.
August 28, 2018, 10:17:14 AM
Approval of a bitcoin ETF will provide an immediate catalyst that will flood the crypto market with new money/liquidity and should trigger a bull run.
August 28, 2018, 10:15:57 AM
As soon as they accept the ETF, I think this will immediately have a positive effect on the entire market!
August 28, 2018, 10:07:47 AM
Both is kinda important
But adoption should always be prioritized compare to investment
However, ETF does shows a recognition of acceptance of Bitcoin and thus increase confidence and it will lead to adoption
But adoption should always be prioritized compare to investment
However, ETF does shows a recognition of acceptance of Bitcoin and thus increase confidence and it will lead to adoption
August 28, 2018, 09:44:32 AM
If you run ETF software in the market will come the money ! Demand for and therefore will be offered it will lead to an increase in prices !
August 28, 2018, 08:51:33 AM
Both are great but it's definitely not the ETF kind of investment... Cryptocurreny don't need it.
We already have a good way of attracting investments - It's called ICO. It can be made better in the future. By the way, investments should come in form of project development.
Adoption is great too. We need lots of users. Crypto/Blockchain desperately needs it now to make p2p transaction more likely. More users also mean more traffic, more consumption, increase in investment. It will also encourage the expansion of Cryptocurrency/Blockchain infrastructures.
We already have a good way of attracting investments - It's called ICO. It can be made better in the future. By the way, investments should come in form of project development.
Adoption is great too. We need lots of users. Crypto/Blockchain desperately needs it now to make p2p transaction more likely. More users also mean more traffic, more consumption, increase in investment. It will also encourage the expansion of Cryptocurrency/Blockchain infrastructures.
August 28, 2018, 08:44:47 AM
Of course, without whales, the price of crypto currency will not grow to the moon, but these same whales lower prices! If were the whales did not press the price, I think that were have another picture - much better!
As more and more people use crypto governments would eventually catch on and want to use it. I mean look at Bitcoin at it's beginnings, it didn't have much adoption but as time went on it grew to the point where the average person has heard of it. August 28, 2018, 08:28:51 AM
Of course, without whales, the price of crypto currency will not grow to the moon, but these same whales lower prices! If were the whales did not press the price, I think that were have another picture - much better!
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