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Author Topic: ETF Approval, do we have reason to celebrate?  (Read 2903 times)

Offline pacar_tiri

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Re: ETF Approval, do we have reason to celebrate?
« Reply #45 on: February 08, 2024, 09:42:47 AM »
Na! There is nothing like legality on the approval of ETF. The ETF demand was there because institutional investors want it and the want a means to buy it through the traditional process that is recognize by security exchange commission and not through any centralized exchanges that will later cost them problem later since SEC don't always settle with crypto exchanges.

There wasn't even a celebration in the first place, the SEC sabotage the celebration by giving false information and the funny thing is no investigation and report was released on that Twitter fake information that was released that day. I guess we can say that SEC are into more scamming than some scam projects they complained about
The ETF that I know is an organization that is a trusted bridge between large investors and several coins that are traded, such as Bitcoin, which has just entered trading in the ETF, making it easier for investors to enter and buy Bitcoin, meaning that the existence of an ETF will provide a lot of convenience and, of course, security when trading Bitcoin.

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Re: ETF Approval, do we have reason to celebrate?
« Reply #45 on: February 08, 2024, 09:42:47 AM »

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Offline doc

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Re: ETF Approval, do we have reason to celebrate?
« Reply #46 on: February 10, 2024, 02:40:10 AM »

The ETF that I know is an organization that is a trusted bridge between large investors and several coins that are traded, such as Bitcoin, which has just entered trading in the ETF, making it easier for investors to enter and buy Bitcoin, meaning that the existence of an ETF will provide a lot of convenience and, of course, security when trading Bitcoin.


You're right, ETF making easier for investors to enter and buy bitcoin. We all see bitcoin price is increasing again now, I think It's impact of ETF and also enthusiasm of investors before halving. I like ETF bitcoin but I love  more  if bitcoin price touch more $ 100K. hahahaha

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Re: ETF Approval, do we have reason to celebrate?
« Reply #47 on: February 10, 2024, 02:58:58 AM »
The ETF that I know is an organization that is a trusted bridge between large investors and several coins that are traded, such as Bitcoin, which has just entered trading in the ETF, making it easier for investors to enter and buy Bitcoin, meaning that the existence of an ETF will provide a lot of convenience and, of course, security when trading Bitcoin.
If big investors compare stock assets in WS vs Bitcoin, I don't see Bitcoin being the main choice for these big investors. Remembering that some investors also think that this Bitcoin product is basically decentralized, so its development only depends on the community and old developers. Moreover, Satoshi Nakamoto, who was the creator of Bitcoin, also seemed to have left this project and handed it over to other developers to develop Bitcoin further.

It doesn't match expectations, where when a new coin is listed on the exchange, it will get a lot of attention, whereas when Bitcoin is listed on WS via ETF, it doesn't immediately get high demand.

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Re: ETF Approval, do we have reason to celebrate?
« Reply #48 on: February 12, 2024, 09:14:55 AM »
Yeah we are here celebrating because for the first time Bitcoin was approved by SEC therefore the legality thing will possibly lure some interested investors especially those who are hesitant before it was approved.
And what's in it for us? Yeah, I agree, it's a big deal. But apart from manipulation and raising the price (a little) nothing actually happened. At times, it seems that interest seems to be on the decline. It will be more interesting if the price shows -10% of the current values.

P.S. Let's not forget, news (positive) comes out for a reason. In manipulators, the main goal is to take all our assets. We are being manipulated and will continue to be manipulated as long as it has a positive outcome. Not trying to impose this opinion, everyone sees this market, differently.  8)
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Offline milewilda

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Re: ETF Approval, do we have reason to celebrate?
« Reply #49 on: February 12, 2024, 01:57:02 PM »
Yeah we are here celebrating because for the first time Bitcoin was approved by SEC therefore the legality thing will possibly lure some interested investors especially those who are hesitant before it was approved.
And what's in it for us? Yeah, I agree, it's a big deal. But apart from manipulation and raising the price (a little) nothing actually happened. At times, it seems that interest seems to be on the decline. It will be more interesting if the price shows -10% of the current values.

P.S. Let's not forget, news (positive) comes out for a reason. In manipulators, the main goal is to take all our assets. We are being manipulated and will continue to be manipulated as long as it has a positive outcome. Not trying to impose this opinion, everyone sees this market, differently.  8)
We are just on first step and those institutions wont really be that dumb on trying out to pump Bitcoin directly specially if they've been wary about on whats Bitcoin halving and Bull run event.
They cant really just that pour it out directly and if we do speak about on the money that could possibly flow through then it would really be that immense. It is really just that some people would really be that skeptical on their involvement into this market on which i cant blame them on which manipulation had already been sampled out. Can we look back with that sudden Twitter hack and telling about ETF approval? but it was been reverted and we've seen on how the market did really react or move into that moment.

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Re: ETF Approval, do we have reason to celebrate?
« Reply #50 on: February 12, 2024, 09:39:19 PM »

The ETF that I know is an organization that is a trusted bridge between large investors and several coins that are traded, such as Bitcoin, which has just entered trading in the ETF, making it easier for investors to enter and buy Bitcoin, meaning that the existence of an ETF will provide a lot of convenience and, of course, security when trading Bitcoin.
You're right, ETF making easier for investors to enter and buy bitcoin. We all see bitcoin price is increasing again now, I think It's impact of ETF and also enthusiasm of investors before halving. I like ETF bitcoin but I love  more  if bitcoin price touch more $ 100K. hahahaha
The development of ETF at first caused panic for a moment, but this time it is starting to show its impact, and today Bitcoin has passed $50K. Of course, this is good news, which may be from the existence of ETFs or perhaps from the approaching halving.But usually any news, especially regarding ETF, will always have an impact on the timing of bitcoin movements. But remember, there will always be a correction before the halving.I think being able to touch $100K will be achievable by the end of this year, and maybe next year there will be a renewed ATH and all that hope, because altcoins are also affected by this increase.

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Re: ETF Approval, do we have reason to celebrate?
« Reply #51 on: February 13, 2024, 10:23:54 AM »
Sure, we should celebrate ETF bitcoin approval  Because after ETF bitcoin approved, bitcoin has risen and touch $ 50K.
The increase in Bitcoin prices will have a positive influence on altcoins, altcoins price are starting increase.

« Last Edit: February 13, 2024, 10:27:16 AM by Doctor »

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Re: ETF Approval, do we have reason to celebrate?
« Reply #51 on: February 13, 2024, 10:23:54 AM »


Offline pacar_tiri

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Re: ETF Approval, do we have reason to celebrate?
« Reply #52 on: February 14, 2024, 08:33:37 AM »
Sure, we should celebrate ETF bitcoin approval  Because after ETF bitcoin approved, bitcoin has risen and touch $ 50K.
The increase in Bitcoin prices will have a positive influence on altcoins, altcoins price are starting increase.
At least there is some good news that is triggering an increase in the price of Bitcoin, one of which is the ETF, which has been approved, and in the near future there will be a halving, which will make Bitcoin even more difficult to get for miners. The prizes they get will be less, and with this event really triggering an increase in the Bitcoin price in the near future, the price will reach new highs again, so wait and don't sell Bitcoin in the near future.

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Re: ETF Approval, do we have reason to celebrate?
« Reply #53 on: February 16, 2024, 08:56:15 AM »
You're right, ETF making easier for investors to enter and buy bitcoin. We all see bitcoin price is increasing again now, I think It's impact of ETF and also enthusiasm of investors before halving. I like ETF bitcoin but I love  more  if bitcoin price touch more $ 100K. hahahaha
It seems like many people were happy when the price of Bitcoin managed to touch its new ATH at $100k, but I think you should also contribute to buying Bitcoin to provide support so that Bitcoin can easily reach the price of $100k because if everyone just wants to wait for the price of Bitcoin to rise, then who will buy? If there are no Bitcoin buyers, then it will not be possible for the Bitcoin price to touch $100k in a short time.

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Re: ETF Approval, do we have reason to celebrate?
« Reply #54 on: February 16, 2024, 10:01:34 PM »

It seems like many people were happy when the price of Bitcoin managed to touch its new ATH at $100k, but I think you should also contribute to buying Bitcoin to provide support so that Bitcoin can easily reach the price of $100k because if everyone just wants to wait for the price of Bitcoin to rise, then who will buy? If there are no Bitcoin buyers, then it will not be possible for the Bitcoin price to touch $100k in a short time.


Good advice, mate.
We don't just hope that bitcoin will reach $100K. We also have to buy it now, where the price is still not completely expensive, and we still have a chance if we buy now we will get a profit when we are bullish.My prediction is that the price will be above $100K this year.
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