Topic: Which is more important for us, more investment (ETF) or more adoption? - page 3. (Read 659 times)
August 28, 2018, 09:13:53 AM
More adoption is definetely more important but ETF will also bring more adoption, so this question does not make sense. We need it for more adoption.
August 28, 2018, 09:09:08 AM
ETF will certainly help to bring more crypto adoption but that doesn't mean the adoption won't come if etf is denied. Adoption is way more important and you can see with the price movement that people don't care about etf, I am sure that most people don't know etf before there's news about it so crypto is going to be fine, although the adoption is slow but people will start to use it as it become more and more popular.
If ETF get accepted then a lot of money will flow into crypto and that will make the adoption easier as the media coverage will help spread the word, but that doesn't mean the situation is bad if etf is rejected, it's just adoption will happen slower but we will be there in the end. August 28, 2018, 09:08:44 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
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
More adoption is the healty answer - that which would add real value to the Bitcoin network. ETFs is the insane answer, how to put the already casino-like crypto environment on wall Street steroids. Of course, we would have much bigger pumps. And dumps - never forget that.
August 28, 2018, 09:06:39 AM
ETF will certainly help to bring more crypto adoption but that doesn't mean the adoption won't come if etf is denied. Adoption is way more important and you can see with the price movement that people don't care about etf, I am sure that most people don't know etf before there's news about it so crypto is going to be fine, although the adoption is slow but people will start to use it as it become more and more popular.
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August 28, 2018, 09:03:30 AM
Adoption is by far more important than the ETF. Hell no one ever cared about ETF's last year and we were fine and skyrocketing. Makes you wonder why everyone cares so much now and it seems to be the make or break item for Bitcoin. It's laughable.
lol this is true, i even don't know last year there was bitcoin ETF August 28, 2018, 08:58:51 AM
Adoption is by far more important than the ETF. Hell no one ever cared about ETF's last year and we were fine and skyrocketing. Makes you wonder why everyone cares so much now and it seems to be the make or break item for Bitcoin. It's laughable.
lol this is true, i even don't know last year there was bitcoin ETF August 27, 2018, 04:29:58 AM
The both of them are important to us, because any one of them can make the other one to happen, if more adoption happens, then it is more likely ETF will follow and if ETF happens, then more likely more people will adopt it.
August 27, 2018, 12:02:58 AM
Adoption in cryptocurrency is one of the answers for a bull run but before that happens, we also should have a concrete rules and regulations to protect those adopters. Just like when you shop online, you buy their things and you know that you are protected with the company if you receive a defective item. If you apply that to cryptocurrency, the investors are the buyers while their government is the company.
August 26, 2018, 11:54:15 PM
Adoption is by far more important than the ETF. Hell no one ever cared about ETF's last year and we were fine and skyrocketing. Makes you wonder why everyone cares so much now and it seems to be the make or break item for Bitcoin. It's laughable.
August 26, 2018, 11:35:19 PM
Adoption will still grow even without ETF, its going to be slow just as how it is now but definitely bitcoin today is popular that the regular people which people I never though would know BTC are now sharing on facebook about what they are up to. SEC will be forced to approve ETF as they see it grow even more after they have rejected last year. It resist so if they reject this once again, its going to be their loss because the adoption of digital assets are unstoppable.
August 26, 2018, 11:33:45 PM
Adoption is much more important than the ETF. I'm not even sure hwy anyone who cares about Bitcoin would want this ETF garbage involved with Bitcoin. If the entire world decides it loves Bitcoin then nothing much else matters. The governments will be helpless.
August 26, 2018, 10:39:38 PM
ETF is less important to me and adoption is what cryptocurrencies need to go to mainstream. If the society can adopt cryptocurrencies ETF will come on it own without having this effect that keeps on repeat on the market. The issues of ETF has been there an any time it is not approve market keep going down.
August 26, 2018, 10:28:02 PM
I believe that adoption is what we truly need right now. It will be the best support for value in my opinion. Imagine if it is already adopted worldwide then everything else will follow.
August 26, 2018, 10:14:10 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
So you think that ETF will bring more adoption?That makes sense but IMO, even without these ETF's the crypto market is going to be there where everyone will feel FOMO and make people to invest in crypto's.
They will never forget the all time high that existed last year.
Don't focus too much on ETFs because it won't be good for the market because yesterday's refusal caused a significant price drop after a high pumping rate too, let's focus on the market and come back to believe because in the future we will be better than now, some people try to manipulate by spreading the word FUD just as ETFs have the effect of frightening new people, hopefully there is no adverse effect on any market that the media does.
They only think that its going to bring more money in the market and that's how they are thinking that its the only way to make the market up again. I have nothing against ETF's but I've read that it will only cause another way to manipulate the market. Still can't say anything about the effect of it.
August 26, 2018, 01:32:48 PM
Etf has a large impact on cyberspace. Even without it i think crypto potentially will grow up, Thru decentralization we will gain profit, But in case ETF will approve bitcoin then this will a revolutionary era for tech space not just a physical gold but the entire internet money..
August 26, 2018, 01:03:45 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
So you think that ETF will bring more adoption?That makes sense but IMO, even without these ETF's the crypto market is going to be there where everyone will feel FOMO and make people to invest in crypto's.
They will never forget the all time high that existed last year.
Don't focus too much on ETFs because it won't be good for the market because yesterday's refusal caused a significant price drop after a high pumping rate too, let's focus on the market and come back to believe because in the future we will be better than now, some people try to manipulate by spreading the word FUD just as ETFs have the effect of frightening new people, hopefully there is no adverse effect on any market that the media does.
August 26, 2018, 01:03:32 PM
In my opinion if etf get accepted then a lot of money will flow into crypto and that will make the adoption easier as the media coverage will help spread the word, but that doesn't mean the situation is bad if etf is rejected, it's just adoption will happen slower but we will be there in the end.
August 26, 2018, 01:01:08 PM
Yes thats a good point you mentioned if crypto were used in life tasks for example in buying goods or in games or to watch movies than there will be no stoping them crypto are a life saving.
August 26, 2018, 01:00:14 PM
I just hope the upcoming news favors every crypto enthusiast and may we all be happy again on the Blockchain network.
New advances and discoveries in the blockchain field always arrive, I personally with all this progress can strengthen all the values of the altcoin. August 26, 2018, 12:44:03 PM
I would say more adoption would be more important. 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.
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