Topic: Which is more important for us, more investment (ETF) or more adoption? - page 5. (Read 696 times)
August 24, 2018, 10:04:57 PM
Once you have adoption noting else is necessary. In addition in all actuality the ETF is a bad thing for Bitcoin. The paper trading is how the bankers take control of the markets. They have been destroying the gold and silver markets with paper for decades now.
August 24, 2018, 09:59:34 PM
Adoption would increase the overall number of users which would ultimately increase the number of investors and the total investment coming into the crypto.
But most of the crypto are not suitable to be adopted for day to day use. And hence we'll clearly have a distinction between investing and using crypto.
But most of the crypto are not suitable to be adopted for day to day use. And hence we'll clearly have a distinction between investing and using crypto.
August 24, 2018, 09:30:59 PM
Basically if ETF will be approved more investors will come into crypto and will be a domino effect and for sure adaptation will be done globally.
I don't think so. I'm not sure more investors mean more adoption. That will only bring more wannabe investor, who buy in ATH and sell when panic sell occur.Yeah, it is not necessarily the same thing but having that kind of regulation will attract other people to invest and that means adaptation will follow.
I agree as well with the other statement above that crypto survived for many years without this but as we move forward crypto also needs some adjustments or changes as for past years only few compared to global population knew about btc or crypto.
August 24, 2018, 09:14:27 PM
ETF is needed, but it is not necessary. We all see that after the bull market last year, the market has been in a prolonged downturn, which is very bad for the development of the encryption industry as a whole.
August 24, 2018, 09:12:30 PM
Basically if ETF will be approved more investors will come into crypto and will be a domino effect and for sure adaptation will be done globally.
I don't think so. I'm not sure more investors mean more adoption. That will only bring more wannabe investor, who buy in ATH and sell when panic sell occur.I agree, etf and crypto adoption cannot be separated, will society adopt crypto if crypto itself is not regulated by anyone?
That goes to government for regulation, and that's only for real world usage (i.e if you buy bread from store). And as digital currency i have used crypto long ago without much trouble, even when no regulation at the time.see? no ETF needed
August 24, 2018, 09:05:15 PM
For me the best way is to gather and attract more investments because even do there are many who would like to adopt the system but if there is no want to invest on it then adoption will become useless.Talking of ETF proposal that was just recently rejected by US SEC i think the people will not really care anymore because the price is stable but still we need more investments in any means that will pump up real demand in the market.
August 24, 2018, 09:02:51 PM
Basically if ETF will be approved more investors will come into crypto and will be a domino effect and for sure adaptation will be done globally. That's right most of us are waiting for bull market to come and holding until that time but as of the moment we also need to think of alternatives to ensure profit in this kind of market.
I agree, etf and crypto adoption cannot be separated, will society adopt crypto if crypto itself is not regulated by anyone? 
August 24, 2018, 09:00:14 PM
you are right that mass adoption across all fields will create high demand, I am sure that in the next 3 years everything will begin to happen. I think if ETFs have been approved and achieved, then mass adoption can be easily done.
August 24, 2018, 08:50:20 PM
Basically if ETF will be approved more investors will come into crypto and will be a domino effect and for sure adaptation will be done globally. That's right most of us are waiting for bull market to come and holding until that time but as of the moment we also need to think of alternatives to ensure profit in this kind of market.
August 24, 2018, 08:25:53 PM
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
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