Quote from: redsun114 on September 14, 2018, 06:06:06 AM

Quote from: dothebeats on September 07, 2018, 05:30:14 PM

Quote from: pooya87 on September 07, 2018, 03:35:22 AM

Quote from: visionE2 on September 07, 2018, 03:25:07 AM

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until now I am still confused about the benefits of bitcoin entering the ETF, will the price of bitcoin return as in early 2018? is the price determined by market demand, right?

why not? bitcoin went from being worth near zero up to $20000 which was more than 2 million percent rise without silly things like ETF and it will continue to do so in the future without them too.

Andreas Antonopoulos has some stuff about ETFs which are worth looking into. https://www.youtube.com/watch?v=KSv0J4bfBCc&vl=en
https://news.bitcoin.com/bitcoin-etfs-are-a-terrible-idea-andreas-antonopoulos/

But admit it or not, most institutional investors are wanting the ETFs to get on board with bitcoin before they go full-on bitcoin bulls. They are just waiting for that extra layer of security coming from the ETFs before they invest. Though bitcoin reached enormous heights without these fancy things the investing world drools about, still we can't deny the fact that bitcoin can still reached higher highs once these ETFs are approved. Idk what's the fuss about the ETFs but then again, if it brings in more money to the economy, that would be great.

Gold is stable and Bitcoin is not and we all know this is reality besides this we have to accept that most profitable is the Bitcoin as its price is vary high and we can get huge profit here than that from gold is lesser than Bitcoin. But the best strategy is to diversify your investment into multiple as to choose Bitcoin and gold both as your investment sources keeping these two you can also invest for short term in other best coins.

Well, you should also understand that in the early days of gold, it was also as volatile as bitcoin today. Maybe if you check this historical chart of gold below, you will understand better.

https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

I have seen different comments about ETF so far, and the truth remains that ETF is just a distraction and it is not like it is going to mean anything substantial in the long run. The market will still always behave in the way it wants to, with or without it.