ETF and Bull Market?

[Dukinos]

I think to count on the growth of the market, based on one news is not worth it. Yet they will have to prepare the whole infrastructure for this, and this is not one month.

[Dandr]

ETF is the kind of thing that we have been told for a long time and confidently, and people believed in it, but I think it's all lies.

[trauchot]

If the ETF is ever confirmed, then of course there is a huge chance that the cryptocurrency market will immediately start to grow, but until the ETF is confirmed, the years will pass because they dont want it at the moment.

[Abiodun]

Am pretty sure that the ETF will bring about positivity in the cryptocurrency world and also build confidence in the market and in investors as well, I when the ETF is approved investors will be able to invest there funds with fear of been scammed because they feel there investment is secured.

[dimosha777]

I think ETF will not be accepted, and everyone will start selling BTC, but when everyone sells all their BTC, then there will be a bull market and growth.

[LogiC]

I am not really sure with the impact of ETF proposal. I guess ETF proposal just brings a temporary increase in market if it is accepted. It is likely to not trigger for the bullrun. Market looks very badly, I think we should have more big issues to trigger the bullrun.

I believe the one will trigger it is the eth network since they have a lot of improvement and system upgrade in their network which is tasteful to a lot of investors if you would noticed it price jump is vety fast from a tremendous down trend of it.

[Faell]

Let's wait for the ETF adoption time and then decide what to do with it. They refused more than 5 times, what's different this time?

[rudox]

Is like ETF is what everybody is waiting for bitcoin to rally. There was always a temporary bull movement last year once it is rumoured that SEC will announce ETF admission only for it to be postponed. It is also rumoured that by the first quarter of 2019 Bitcoin ETF will be announced.

[Boo]

I think the decision about the ETF and bullish market have a direct dependence and if there is an affirmative decision to launch it, the bulls will capture this market.

[Anayajurus]

We will be able to say this exactly as soon as we hear the outcome about the ETF. This will show us the beginning of growth or decline.

[Agalas]

Now it is a leading position in the market, in which all people believe. This has its pros and cons.

[BengYou]

I think that if the ETF is approve, then we can have a new bull run because we will at least have something to control this market and reduce the spread of volatility in the past time

[Celen]

Many are waiting for some unrealistic results, after the announcement of the conclusion about the ETF, but personally I do not build such hopes.

[Ayana]

It seems to me that this is a pretty good trap, planned for a complete collapse of the cryptocurrency market.

[damsix]

If I make imagination for both, then I will give an illustration like this:

SEC: a gathering place for traders: markets
ETF: capital or merchant money: Gold, Silver, Berlian, Oil (next Bitcoin).

We can see that SEC has been there before Bitcoin. ETFs are only acquisitions for Bitcoin received in the SEC trading market. Because it's the same as the case with the newly launched exchange that accepts trading pairs with Bitcoin.

In conclusion: It will not have an effect that is too high because the SEC and ETF are not too influential on the Bitcoin trade, maybe the increase in Bitcoin prices is also around 20-30%.