calkob



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Hero MemberActivity: 924Merit: 507 Re: [Discussion] Bitcoin ETF February 12, 2017, 02:20:23 PM #2 A bitcoin ETF is good for the like of big pension funds and large investment companies it gives them the regulatory protections they need to invest other peoples money. Thats what i understand about then, i'm sure there are other benefits. I think in general its a good thing, but yes i would rather hold bitcoin myself, but my granny probably wont

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Hero MemberActivity: 1022Merit: 511 Re: [Discussion] Bitcoin ETF February 12, 2017, 02:33:04 PM #3 Quote from: calkob on February 12, 2017, 02:20:23 PM

A bitcoin ETF is good for the like of big pension funds and large investment companies it gives them the regulatory protections they need to invest other peoples money. Thats what i understand about then, i'm sure there are other benefits. I think in general its a good thing, but yes i would rather hold bitcoin myself, but my granny probably wont



Honestly the impact of bitcoin ETF on price levels will be unpredictable as market will react on speculations. Still we all know what are magics new investors will do for us. Literally bitcoin ETF will bring opportunities to rest of people to invest-only into bitcoin rather than adopting it for investment purposes. It means bitcoin investments will get easier for non-technical people.Honestly the impact of bitcoin ETF on price levels will be unpredictable as market will react on speculations. Still we all know what are magics new investors will do for us.

bettercrypto



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Sr. MemberActivity: 812Merit: 253 Re: [Discussion] Bitcoin ETF February 12, 2017, 02:39:51 PM #4 If Bitcoin ETF is approved this is a great breakthrough for Bitcoin because this will not only show that Government finds Bitcoin profitable, it will also clear the doubt of Bitcoin being illegal currency. Aside from that this will boost popularity and adoption.

calkob



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Hero MemberActivity: 924Merit: 507 Re: [Discussion] Bitcoin ETF February 12, 2017, 03:44:42 PM #5 Quote from: geopolisch on February 12, 2017, 02:33:04 PM Quote from: calkob on February 12, 2017, 02:20:23 PM

A bitcoin ETF is good for the like of big pension funds and large investment companies it gives them the regulatory protections they need to invest other peoples money. Thats what i understand about then, i'm sure there are other benefits. I think in general its a good thing, but yes i would rather hold bitcoin myself, but my granny probably wont



Honestly the impact of bitcoin ETF on price levels will be unpredictable as market will react on speculations. Still we all know what are magics new investors will do for us.

Literally bitcoin ETF will bring opportunities to rest of people to invest-only into bitcoin rather than adopting it for investment purposes. It means bitcoin investments will get easier for non-technical people.Honestly the impact of bitcoin ETF on price levels will be unpredictable as market will react on speculations. Still we all know what are magics new investors will do for us.

Your right we wont know what impact it will have on price but i think we can all agree that it will most def be positive. Your right we wont know what impact it will have on price but i think we can all agree that it will most def be positive.

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LegendaryActivity: 1288Merit: 1087 Re: [Discussion] Bitcoin ETF February 12, 2017, 04:19:23 PM #6 a bitcoin etf opens up the possibility of regular folks putting money in tax free and relatively risk free. however i don't see much, or any, evidence of regular folks wanting to do this.



if one does get approved i think it's gonna be a very useful addition but also a very slow burn. there isn't a mountain of pent up demand out there for it as far as i can tell.

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LegendaryActivity: 1848Merit: 1034 Re: [Discussion] Bitcoin ETF February 12, 2017, 07:35:27 PM #9 IMHO, Bitcoin ETF is good for institutional investments. Being a secondary market, it may or may not have an effect on bitcoin's primary market. That is part of the speculation. India forum needs a moderator - https://bitcointalk.org/index.php?topic=3125174.0

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LegendaryActivity: 1218Merit: 1007 Re: [Discussion] Bitcoin ETF February 12, 2017, 07:44:28 PM #10 I'm thinking that an ETF will definitely be a big boom to the Bitcoin economy during the time it is involved, and I think that a majority of the numbers they're running off are relatively accurate in my opinion.



I'm just wondering how often they're going to end up shorting Bitcoin, since so much of their project is based around Bitcoin and a lot of what happens in the market is relatively erratic.

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NewbieActivity: 16Merit: 0 Re: [Discussion] Bitcoin ETF February 13, 2017, 10:26:49 PM #12 I personally wish that Bitcoin stays in this circle of internet users,

but on the other hand this is a huge chance for Bitcoin to gain a wider range of users and seem more trustable to 'normal' investors.



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LegendaryActivity: 2884Merit: 1751 Re: [Discussion] Bitcoin ETF February 14, 2017, 01:52:32 AM #13 ETF's wont cause much of a change to bitcoin at first.



for one.

most ETF had pre-bought the coins months/years before getting the green light from regulators.

also ETF are not trading bitcoins. they are trading shares in a company of X btc in trust. thus the price of a share is not directly impacting

bitcoin. because it does not result in any actual bitcoins being bought/sold.



there may be ETF events when they make announcements that they have added new 'baskets' (much like share dilution events) where the supply

of shares alters within the company. but this again is not about a change in bitcoins.



ETF will be more reactive to bitcoin prices so an ETF will follow the real bitcoin price rather than the other way around.



what positives i can see:

people will see an ETF and want to hold real bitcoin. so after playing with ETF or using ETF's for their official regulated pension funds. traders would separately then go and buy bitcoin for their personal holdings unofficially(outside their pension/investment contract)



mentions of the word bitcoin ETF would solidify bitcoin as a good asset. so again if its good for a ETF. people will then move off and buy bitcoin directly from proper bitcoin exchanges.



but i do not see the ETF price movements causing the real bitcoin prices to manoeuvre.. i see the bitcoin price movements manoeuvre ETF's



... just my opinion I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.

Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at

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LegendaryActivity: 1302Merit: 1009 Re: [Discussion] Bitcoin ETF February 14, 2017, 02:35:43 AM #16 While it would be awesome for a Bitcoin ETF to exist, I'm still confused on how it would be better than buying and holding Bitcoin outright. Or using a service like a Bitcoin IRA if you're thinking long term. HIRE ME FOR SEO, SOCIAL MEDIA, COPYWRITING, AND MORE: https://bitcointalk.org/index.php?topic=5100134.0

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Hero MemberActivity: 714Merit: 501 Re: [Discussion] Bitcoin ETF February 14, 2017, 05:45:15 AM #19 despite what some may think about ETF and its effect, in my opinion it is not about buying bitcoin in other words the money that is supposed to be injected into the market has been getting injected for a while.



but it is all about the publicity this can bring to bitcoin, many will find out about it and see bitcoin as a viable investment option and that alone can be very helpful in increasing the price. to the moon with bitcoin...