Quote from: Tytanowy Janusz on July 11, 2023, 06:43:35 AM

To tell you the truth, I personally am more skeptical that this ETF will give as much to Bitcoin as it did to gold. Gold is hard to buy, hard to sell, each transaction carries the risk of fraud (fake gold), requires a physical transfer to the mint/store and has a huge spread. Gold ETF solved all these problems and made it possible for you to buy physical gold in 2 clicks from home. The same cannot be said for bitcoin, because bitcoin is like gold with build in ETF. It's easy to buy, easy to sell, divisible to cents. And it's not like the ETF will open doors to big institutions either. Microstrategy didn't need an ETF to buy nearly 1% of all bitcoins.

The Bitcoin ETF Matbe is not a 1:1 match to Bitcoin itself, as its price may not track the underlying asset perfectly. As you stated above it is possible that although the introduction of ETFs will not have a significant impact on the adoption of Bitcoin by large institutions such as MicroStrategy But, I think it also plays a key role in terms of attracting more institutional investors.

Quote from: Wind_FURY on July 11, 2023, 06:55:56 AM

I respect your opinion and you have a point, but I can't entirely agree. Bitcoin is a blackhole for fiat currencies. If the Cabal behind the Central Banks print more, Bitcoin will absorb more and add to its market value. It's currently right there happening in front of us, and the ETFs will make the trajectory to six digits steeper and faster. Plus wait for QE when there's more liquidity available in the system. It might be "Oh My God It's Christmas" during March of 2025.

Yes, Like you say, The Quantitative Easing (QE) will show indications that an expansion in the money supply can further increase the value of Bitcoin later. Nice to wait.