I totally agree with mindrust. ETF approval would twist bitcoin into something completely opposite of what it's been created for, and soon take away the freedom it strives to bring us. It'll become just another disposable gambling game for banksters backed up by corrupted governments. I simply can't believe that some of you people are actually hoping that it happens.
Which freedom we exactly got from Bitcoin and how it is destroyed with the ETF?
I am amazed that you, as bitconer, ask such things. We ain't there yet of course, but it's the freedom from exploitation by the banksters. Yeah, same those organized criminal minds some of you people are inviting with that ETF bullshit - which I hope, never gets green light. Some day we can and should become mainstream, but on our terms. Not theirs.
People are happy because institutional capital will make sure the price eventually will reach levels beyond what people consider realistic at this point.
Sure, but it is short-sighted and with all due respect - not very smart view. We could destroy one really great idea, for what? Peanuts.