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Topic: Will the ETF be approved? (Read 441 times)

hero member
Activity: 868
Merit: 500
October 12, 2018, 12:15:54 PM
#80
I don't think ETF approval or disapproval can directly affect the trend of cryptocurrency. The influence of ETF is not so great. Of course, I think ETF will pass in October.

Do you really understand what you saying, ETF is going to bring huge exposure to the space and alot of institutional money, for you to say it won't affect the crypto is not true, this is what we have been waiting for , for two years now and I think by 2019 or 2020 at most we are going to see one approved
sr. member
Activity: 798
Merit: 251
October 12, 2018, 12:11:20 PM
#79
The overhaul is expected to be a review of the huge interest that the cryptocurrency is widely favored by many people. like today many people are interested in investing we really have to wait patiently
hero member
Activity: 2744
Merit: 761
Burpaaa
October 12, 2018, 11:52:58 AM
#78
I say No
Reason? US Government do not want Bitcoin to become the digital gold. Let’s face it the US Government have always being negative gold!
Opinion only: I hope they approve it but I have my reservations!
We are waiting for them to merge and come out of the game. And one boiling point in the world of bitcoin will be less. Only now I see that plum is not much, so everything goes at such a pace.
well, the reality is very difficult indeed. I think this will make the price of bitcoin stable when received, but still, bitcoin users are now spread all over the world, even users are very much from outside America, so I think it will be very difficult. but still I also hope that the ETF will be received.
We will be needing some momentum or news that will influence many to trust crypto, the only thing that hinders the price pump after this long correction is there's none to point-out in being trustworthy of the coins to those who are scared to try. ETF might be the help we need.
hero member
Activity: 1204
Merit: 500
October 12, 2018, 10:24:16 AM
#77
I say No
Reason? US Government do not want Bitcoin to become the digital gold. Let’s face it the US Government have always being negative gold!
Opinion only: I hope they approve it but I have my reservations!
We are waiting for them to merge and come out of the game. And one boiling point in the world of bitcoin will be less. Only now I see that plum is not much, so everything goes at such a pace.
well, the reality is very difficult indeed. I think this will make the price of bitcoin stable when received, but still, bitcoin users are now spread all over the world, even users are very much from outside America, so I think it will be very difficult. but still I also hope that the ETF will be received.
member
Activity: 238
Merit: 10
Lead generation one-stop shop platform powered AI
October 12, 2018, 10:13:20 AM
#76
I say No
Reason? US Government do not want Bitcoin to become the digital gold. Let’s face it the US Government have always being negative gold!
Opinion only: I hope they approve it but I have my reservations!
we just need patient to wait for this as we don't know the factors they consider if they will reject ETF. I hope they will decide for the good of this technology not for their own welfare.
hero member
Activity: 1456
Merit: 578
HODLing is an art, not just a word...
October 12, 2018, 09:41:19 AM
#75
eventually i believe there will be bitcoin ETFs in US and other countries but they may not happen this soon because SEC is still trying to prevent them from happening and nothing has change about the market yet to make them want to change their opinion about approving ETFs. so they will continue denying them until that day comes that the market is less volatile, less manipulated and more regulated.
full member
Activity: 378
Merit: 100
https://saturn.black
October 12, 2018, 09:22:05 AM
#74
I say No
Reason? US Government do not want Bitcoin to become the digital gold. Let’s face it the US Government have always being negative gold!
Opinion only: I hope they approve it but I have my reservations!
We are waiting for them to merge and come out of the game. And one boiling point in the world of bitcoin will be less. Only now I see that plum is not much, so everything goes at such a pace.
member
Activity: 504
Merit: 10
October 12, 2018, 09:19:57 AM
#73
My answer is yes, but much that the authorities can delay it, they will. They cannot stop something that is bound to happen, and bitcoin is an inevitable thing. It is the currency of the future, and when we say future, you can just delay it, but you can't impede it. I still have high hopes that ETF will be approved. We're not talking about the timeline here, but rather its realization and what bitcoin will be like 5, 10, 20, 40, 80 years from now.
newbie
Activity: 10
Merit: 0
October 12, 2018, 09:06:00 AM
#72
Before Bitcoin-ETF, the first crypto currency ETF could be happen in Kenya.

Aidos Kuneen(ADK) finished application for ETF in Kenyan stock exchange.
The founder said that ADK-ETF will be happened in 6 month at latest.

He seems to have Kenyan bank, connection with Kenyan vice president, and confidence to carry it out.

https://twitter.com/Donrico77/status/1050381450628001792
sr. member
Activity: 1377
Merit: 268
August 03, 2018, 06:31:40 AM
#71
Everyone is waiting for this ETF news for good market, if it approve we can see bitcoin above 9-10k dollar I think, but if it doesnt approve unfortunately we can drop to 6k dollar again.

I think before the etf decision we might be already at that price range and the prediction of having the Etf decision would be around year 2019.
full member
Activity: 378
Merit: 102
August 03, 2018, 06:28:14 AM
#70
Everyone is waiting for this ETF news for good market, if it approve we can see bitcoin above 9-10k dollar I think, but if it doesnt approve unfortunately we can drop to 6k dollar again.
member
Activity: 406
Merit: 10
August 03, 2018, 06:13:30 AM
#69
If it is approved there are a lot of projects like OmiseGo and Ingot that will benefit from this decesion as well as BTC itself
I think decesion on 10th August will be postponed for the October-November
Ingot? Yes possible as it is gonna operate with ETF trading but how will it affect OmiseGo? Dont understand this point
member
Activity: 164
Merit: 10
August 03, 2018, 06:06:40 AM
#68
The chances are not high that it gets approved, but besides that, the mass adoption and awareness about that topic in the mainstream is much more important.
member
Activity: 406
Merit: 11
August 03, 2018, 06:02:25 AM
#67
If it is approved there are a lot of projects like OmiseGo and Ingot that will benefit from this decesion as well as BTC itself
I think decesion on 10th August will be postponed for the October-November
member
Activity: 294
Merit: 10
Fast, Smart, Trustworthy
August 03, 2018, 05:08:03 AM
#66
I don't think ETF approval or disapproval can directly affect the trend of cryptocurrency. The influence of ETF is not so great. Of course, I think ETF will pass in October.
full member
Activity: 476
Merit: 124
August 02, 2018, 11:57:43 AM
#65
I don't think that the ETF decision would be too significant in long term perspective for crypto currencies. What matters most is the adoption of masses and only time will tell when will that happen. The future that we are headed is going to be bright once mass adoption takes place.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
August 02, 2018, 11:56:01 AM
#64
I say No
Reason? US Government do not want Bitcoin to become the digital gold. Let’s face it the US Government have always being negative gold!
Opinion only: I hope they approve it but I have my reservations!
Well for me no matter what happen even if the US government don't want to approved ETF, crypto market still rise and no one can control it and stop it maybe right now but once all of the people and big companies are really into blockchain technology and cryptocurrency and totally adopts it crypto market will be huge.
If US will not approve ETF and there will be another bearish trend to the bitcoin. The majority of companies are only interesting on the blockchain but they are not thinking to create any relationship with the crypto company directly. You should understand about that dude. The adoption of crypto will need a lot of support from the various sectors.
jr. member
Activity: 126
Merit: 2
August 02, 2018, 11:10:28 AM
#63
I also think so
my opinion bitcoin is a currency whose use is very easy to use, for example, to buy drugs, money laundering, and distribution of funds for criminal matters without being tracked, because as we know bitcoin is annonymous as one of its advantages
so it will be very difficult to be approved for ETF
member
Activity: 280
Merit: 10
August 02, 2018, 10:53:54 AM
#62
I say No
Reason? US Government do not want Bitcoin to become the digital gold. Let’s face it the US Government have always being negative gold!
Opinion only: I hope they approve it but I have my reservations!
Well for me no matter what happen even if the US government don't want to approved ETF, crypto market still rise and no one can control it and stop it maybe right now but once all of the people and big companies are really into blockchain technology and cryptocurrency and totally adopts it crypto market will be huge.
sr. member
Activity: 1092
Merit: 250
August 02, 2018, 10:51:05 AM
#61
I have a thinking that it will be denied again, marking the 2018 a full bear year till late Q3 Q2019.

BTC has a habit of 90% correctiong from ATH, always, since inception.

Q3 2019, seems will be a long journey if your predictions is right
in my opinion,,, bitcoin and others crypto will growing hard in Q4 in this year my friend and will create new high in Q1 next year
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