Quote from: abhi777 on September 24, 2018, 09:24:25 AM

Quote from: DonPea on September 18, 2018, 06:50:57 AM

As an analyst I believe that Bitcoin ETFs could help increase overall cryptocurrency adoption, while also significantly driving their prices upwards. One of the reasons crypto ETFs could lead to a surge in cryptocurrency prices is because they could potentially increase their scarcity and liquidity. Usually, when an asset or store of value becomes scarce, theres a substantial increase in its price. This can be argued too when Bitcoin futures contracts were launched into the market, there will be a more sustainable increase in price. The reason for this is that many investors shifted from the physical crypto market to the derivatives market shortly after Bitcoin futures contracts were introduced. I would attribute the crash that came afterwards to the inexperienced traders who quite didn't understand the supply and demand effects but with Bitcoin ETF signed, investors would be trading Bitcoin and this would also lead to mass adoption and inturn drive prices up.

I think the impact that affects the price of bitcoin is the Bitcoin Volume and Distribution As a relatively young digital currency, Trader speculation Believe it or not, the number of Bitcoin users who make it as a trading asset is more than those who actually use it as a medium of exchange, Fraud Mode Involving Bitcoin Because of its huge potential, many parties are irresponsible then making Bitcoin a new fraud object involving investors.

I think the impact of bitcoin prices is Bitcoin Volume and Distribution As a digital currency that is still relatively young, the Bitcoin volume is still very little compared to other assets such as gold, especially conventional currencies such as the US Dollar, Trader Speculation Believe it or not, the number of Bitcoin users who make it as a trading asset is more than those who actually use it as a medium of exchange, Fraud Mode Involving Bitcoin Because of its huge potential, many parties are irresponsible then making Bitcoin a new fraud object involving investors.