This sensational fuss over the ETF is borderline lunacy. It's just another reason to jerk the price around and stop out everyone who hid under the 7000 level or wherever. I'm getting sick and tired of these 30,000 by Dec / 50,000 by Oct / 100,000,000 by 2020 forecasts. How in the hell can anyone have a true idea of what the coin's value is going to be if there are no fundamental values to base a judgement on? Forecasters have a hard enough time doing it even when the values do exist.
This dip is just another good reason to hang on and chill out. It's not the doom, and the ETF isn't the future.
ETF is crap. Bitcoin was created to be a mainstream currency and not to be a main stream investment(which I am afraid it already has). ETF eliminates the purpose of bitcoin. So fuck that shit.
Can someone start a petition and ask the assholes who want to get bitcoin ETFs approved to shut the fuck up and get away from bitcoin and its community? Thanks.