Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Buenoscoin on August 01, 2018, 09:09:16 PM
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Vitalik Buterin, co-founder of Ethereum, believes that the excitement surrounding cryptocurrency ETFs (Exchange Trade Funds) is being addressed, according to a statement on his official Twitter account.
With the cryptocurrency markets experiencing a slight growth in anticipation of a possible reaction from the SEC in relation to several Bitcoin ETFs, the 24-year-old pioneer believes that interest should be focused elsewhere.
"I think there is a lot of emphasis on ETFs from BTC / ETH / etcetera, and it's not easy to convince them to buy US $ 5 or US $ 100 on their own cards at corner stores." The first thing is to improve the price , but the best thing is to take the action. "
Buterin's argument sums up a growing tension in the world of cryptocurrencies, in which the majority of the community aspires that cryptocurrencies and their tokens have to have in daily life as current currencies, while others simply see it as whose value It will increase over time.
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It is difficult to disagree with him. We are only at the beginning of the development of cryptocurrencies and they should be used more often.
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unfortunately yesterday the ETF was rejected by several institutions such as Coinbase etc. (if I'm not mistaken).
before there was news about Bitcoin ETFs rose in price to $ 8,100 and after the ETF was rejected then Bitcoin dropped again to $ 6,800.