Community post
ETF will also lauch these cryptocurrency
https://3mgj4y44nc15fnv8d303d8zb-wpengine.netdna-ssl.com/wp-content/uploads/2018/07/A-Bitcoin-ETF-is-Nearly-Certain-to-Win-Approval-By-the-End-of-the-Year-696x449.jpg
image source
As we all know we have seen market showing its bullish trend may be this is the effect of ETF news when ETF will launch we can see huge growth in bitcoin and in other cryptocurrency too but there are is some other news which may all of you did not know that bitcoin is not only currency which are introducing in ETF these cryptocurrency also inroducing in ETF this is because these cryptocurrency hold almost 90% of crypto market which we can see in below data
#Why introducing ETF will Skyrocket crptomarket ?
When ETF will successfully applied to these 10 coins which are listed above big investers have to purchase these cryptocurrecy in bulk so that their user will trade easily and this thing will skyrocket the price of bitcoin and all cryptocurrency hopefully.
#What is ETF?
ETF is a exchange traded fund in other words after ETF comes in bitcoin and other cryptocurrency bitcoin will simply act like as any share which we basically trade on share market once ETF get approval of bitcoin it will add on any international exchange to start trading in high volume exchanges must have bitcoin and other cryptocurrency in bulk so to do that exchanges will buy bitcoin in bulk and this buying will skyrocket the price of bitcoin and traders who trade on exchanged can trade easily.
#When ETF will come in action?
We heard some news that ETF will come in action in september 2018 but after september it will also take lots of time to set all the things running smoothly simply we can say it can take 6 to 8 months or may be it will fully come in action in 2019.
#Will it affect altcoins?
As we have news today there are more 9 cryptocurrency which will launch in ETF .Now the problem is when these 10 coins will start trading on ETF platform price of these 10 coins will skyrocket aand all investers and whales will mostly trade in these coins and volume of other altcoins will be negligible so people who are holding there coins for long term may be suffer from this but as we know every coin has limited availibilty so this thing will balance whole market people who will not able to buy these 10 coins will go for another so it is good in my perception.
ETF introducing in cryptocurrency is good or bad?
As everybody is saying ETF introducing in bitcoin and other cryptocurrency will be good and mostly there is some reasons such as -
Bitcoins will accept by whole world.
Bitcoins will get exposure.
People will start believing in cryptomarket who are not believing right now.
Big investers and whales will come in our market.
As we all know price will boom.
Now the bad things which can happen after ETF introduce in cryptocurrency
Now we know that they are approving only 10 coins for ETF but we have almost 1700 coins and tokens so the
problem is when ETF will come in action most of the people will only trade in these 10 coins because there
volume will be very high and profit too for sure but what about other altcoins rest of them .
These altcoins wil be also give us profit as we know we have limited coins available in market .Like we have only
17,169,637 bitcoins right now not everybody will be able to purchase it because it is limited so people will find
alternative and alternative is rest of the altcoins in this way every cryptocurrency will get exposure.
But in worst case scenario if bitcoins and rest 9 crypto did not get that much exposure then it will be bad far our
markst just my perception rest of the thing will only clear after ETF will come in action so cross your fingers and
pray to good that everything will go well .
That's it for today thank you.
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What did you think about ETF share your view in comment
For detailed and further news news source
Replies (281)
hola excelente informacion muchas gracias por comaprtir
@tjoseph1 I do not completely understand what you are saying but i think you are saying something nice about my effort so thank you
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There is some verbal confrontation about whether HB10 should be known as a cryptographic money ETF since it doesn't exchange on a controlled securities trade as ordinary ETFs do and can't be held in customary financier accounts.The Reality Shares Nasdaq NexGen Economy ETF (BLCN) took after behind with $86 million in resources under administration.
Hi Hello akrblogs .... Nice blog bit is the best.... Coin of the world
You got a 30.24% upvote from @th3voter thanks to: akrblogs!
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wow its realy good news..awesome concept
sir i like it..
@vikashvgm thanks
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thanks
thanks the3voter
binoy2018 thanks appreciate your concern
thanks
this was announced by Bitwise Asset Management that they will consider 10 cryptocurrency in ETF as it holds 90 % of volume
@ebargains thanks
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What is ETF does anyone explain please?
This post has received a 31.21 % upvote from @boomerang.
Nice and informative blog, sir please guide me about Future of crypto in india and what about ETF for india. Is it right time to invest?
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Bitcoin shootsup because of ETF news is trending every where and yes Defenetly ETF will launch Bitcoin.
I wonder when that ETF was filed, do you know? Also, I don't think the SEC will approve such thing without approving a BTC ETF. Once that's approved we could expect other crypto-related instruments to be taken into consideration. Thanks for the info!
@inayatali hopefully we will see skyrocket in bitcoin price if it is launched
thanks
i want to tell you one thing i am also from india and yes it is time but wait for someday to see bitcoin will go up and down if it goes down then purchase it like down dy 1000 or 1500$ not right now you miss the train and remember one thing always invest that amount which you are ready to loose
thanks
440 dollars for this post?
in simple word it will now become similar like stock anybody can purchase and sell anytime it will listed on some international exchange to do that owner of exchanges who runs them they have to purchase bitcoin in bulk it will skyrocket its price so that further if any invester wants to buy or sell bitcoin they can easily do that i hope i make you understand.
@spydo thanks
@sneaky-ninja thanks
@upmewhale thank you
in september they are saying
bro i know what are you saying post is short but i did not make this post to explain etf i make this post to tell poelple that there are more 9 other cryptocurrency which can be considered in etf and i simply make my point clear if you want to read more you can go to source of news i hope you will understand thanks and i know i have to learn lot of things from you guys so thank you.
Bitcoin is dominating the total crypto market and other coin seem to be not 100 present Independent.But that's already news from the past. Everybody seems to sell altcoins for XBT. I hope everything will be more balanced in the future and coins will be more independent from each other.
@bquiel the point you are making is everybody thinking about that because bitcoin is increasing but altcoins are not and not everybody cannot trade in bitcoins but these things will only clear when ETF will come in action right now we can just hope for good
thanks for your reply sir
they should include EOS.
@topsnav this is final list
this is really nice... would you say that it is safe to buy bitcoin with expected profits at this time then ?
some of us are curious at to how much more increase we should be expecting. thanks for sharing
I think cryptos have bottomed out now at around the 6k resistance zone. I say resistance since we were dropping to that point. good post i re steemed and upvoted
@janortas this cryptomarket we cannot say how much up it will go but for wait for sometime to comedown bitcoin at lease 1000-1500$ than you can for sure
ok
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ETF is so long Topic But Other hand Cryptos are creating BUZZ in stock Markets as well....
what exactly is ETF? been hearing of it, and can not seems to wrap my head around it....
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We just only heared about Bitcoin other altcoins will not launched by ETF.
Their is only and only chance for Bitcoin
Low effort post with massive bot promotion => flag
...
EFT macke price rise agen
PLs Upvote me
https://steemit.com/mgsc/@digitalnew/dnt-buy-or-sell
boom is coming soon
Etf and black rock easy read right
slow down there, the SEC isn't even making their decision on the bitcoin ETF until September 23. Even if it gets approved it could take months to be set up and come online. After that we'll have to wait several months while the SEC makes there decision on other coins. Bitocin ETF by the end of 2018? Possible. Altcoin ETF? 2019 at the earliest.
something that's a pain in the butt to buy. Just go on coinbase and get Litecoin or Etherium instead
if you upvote my posts....
This is very informative. Thank you for making a list of these 10 cryptos and sharing your thought about what ETF when applied will do.
...
very good this news is very great now bitcoin is 65000 doler high price thanks for posting dear brother
<deleted
But there is a screenshot with so many coins in the post..!!
Fine, if you want get all technical. However that changes nothing, you still have to go onto a shady exchange to get any
It's taken this long to even get around to a bitcoin etf, wanna imagine how long it's going to take to get an etf for everything in the screenshot? Like I said, 2019 at the earliest. Mostly likely 2020-2021
Altcoin season will begin post ETF announcement :)
I really love how he analyzed the whole ETF process. Very informative. I would appreciate if someone could explain how ETF gets its exposure to the market? How does the Creation/Redemption Mechanism work.
..
Last time I checked Litecoin has a bigger market cap than Dash.
...
You say that but this guy has a post with screenshot of so many coins ...it's gotta be true. .
I heard the decision is delayed to september.
@nnamsky thank you
no it is not this is my first post which i had write my own but after your comment i improve this so thankyou for figuring this out really
they annouce it today
in simple word it will now become similar like stock anybody can purchase and sell anytime it will listed on some international exchange to do that owner of exchanges who runs them they have to purchase bitcoin in bulk it will skyrocket its price so that further if any invester wants to buy or sell bitcoin they can easily do that i hope i make you understand.
it will everybody is hoping for same
yes it is
@marcuswahl thanks for reading
hopefully in 2019
in september 2018 but will come in action in 2019
ye it will
thanks
yes it is september 2018 but will completely come in action in 2019
ETF best coin of the market
Well said @akrblogs that ETF is now a days hot topic in crypto market and because of this hype we are able to see hike in market after couple of months. ETF is something connected with secure investment that means there will no chances of loss and if it happens the that company will handle it. This is a very important factor which will bring millions of user to crypto as they will not have fear to invest in crypto due to its volatile nature. ETF was launched in Gold commodity in India and after that huge volume was seen in gold trading in India. Since this ETF is for US then we can see huge pump in the prices of cryptocurrency. Lets hope for the best and looking forward to see it happen. What's your view on this?
@itstime here is official news https://news.bitcoin.com/index-etf-cryptocurrencies-sec/ you can check this
it is true
@earnxtreme thanks
true said
thanks
ok
Quite an appropriate response to such a post, we would say.
The grammar smarts a bit as well, and that is just not done at these reward levels.
ETF is not coin read post brother
we cannot predict future but almost same as yours thak you
Why isn't there a cryptocurrency ETF stock?
agree that future is completely unpredictable. We can only analyse things and plan out accordingly.
But some news sites said that its not delayed for CBOE instead for others as few more companies also applied and SEC delayed for the approval proceedings for them. not sure which news is correct bro.
@akrblogs @bumshak
Great article Akrblogs. The blockchain revolution is here. As a Financial Advider of 35 years, I can tell you, that FIAT currency is not worth the paper it's printed on.
Going on ETF platform, will bring HUGE investments into the market.
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Tks for citing the source
You should also include the source in the main article as well.
lol, your messing with me right?
You have clearly justified with this article. I was hearing about ETF for a couple of days. But just come to know what it actually is.
Why the price of bitcoin is booming but altcoins are not increasing in price? Can you please mention the reason?
Thank You!
This is a truly terribly written and presented post.
It's a disgrace. Put some bloody effort into it if you are going to smear this all over trending with bid-bots.
You say I am messing with you but hyping up the ETF is the responsible thing to do , that's how we all get our Lambos.
You write well
Big earnings join airdrop https://hub.iost.io/register?inviteCode=Hy9YUVmV7
Signup and after for two questions same answer All the above
yes bro.. etf l.........
The Litecoin foundation just bought a share of a german bank. Litecoin debit card coming. Does Dash have a bank? yeah...no, but what they do have is a bunch of fomo investors. Just because a project has a cool website doesn't mean it has any real value, (heck, Dash isn't even listed on coinbase). Don't get burned, get Litecoin
...that's what I'm doing on my blog with my latest post, but I'm not giving people unrealistic expectations
In my latest post I briefly touch on the subject
alright , I will drop it..you are right....ETFs for altcoin is not in near future.
LAMBO LAMBO LAMBO
https://media.giphy.com/media/X7aF6QjXeWtgY/giphy.gif
thank you for explaining this in simple way and making is easy for all of us , i am happy to learn ETF in simple way , thank you , many more things to learn from you , all the best
Bro Upvote and Reply to My Comments
whether it is stock trading or ctypto trading, i think all trading s are difficult. i always lose... sad
Amazing write up, one thing I want to undersatnd is that holding coin like ethereum classic would make me Lambo!
i agree with you, english is bad, presentation is without concept
i did bro you did not notice in the end of blog
bro remove this
This remind anyone else of the bitcoin forks?
It will take much more time to get ETFs made for other cryptocurrencies aside from bitcoin. The main reason why the BTC ETF has gained more potential is due to the launch of futures contracts last year. This instrument helps traditional institutions gain access to the asset without actually buying it and that will help the development of the ETF and it creates the opportunity to accumulate correlation to the asset without having to be concerned about wallet security and/or custody. The only other potential asset to get an ETF right right would be Ethereum given its market cap and broad distribution but still unlikely because of the lack of a futures market which should be close to being launch as well.
This is pretty much good news for crytoinvester what you think @alrblogs
its a good news for investor & traders
It looks like google translate English.
I dont think ETF of Bitcoin will be ready within 24 months unless bitcoin totally under the supervision of SFC.
Promise not to boost ( to trending) low effort posts ?
Nice one
I don't have any idea about cryptocurrency but your article shows positive move.
Some interesting ideas here. Take a look at our daily predictions as well to help you with your research (free tool beta with no signup): https://www.predictcrypto.net/premium
plz upvote me to that my post?>>...https://steemit.com/cryptocuurency/@zee17/what-is-a-factbar-how-i-got-a-free-usd250
it wil happen bitcoin wil moon same for steem
@akrblogs When is this launching?, Me about it Tell a little bit, You have this website Good info sharing price is Also Good
You are right
Interesting, thanks!
this is great
woahh!
woahh!
its time to buy Bitcoin, Bitcoin Cash, and Litecoin!
as you mentioned that finding alternatives but alternatives need time so mostly people are focusing on the #bitcoin
https://steemit.com/economics/@worldfinances/cboe-ready-to-fund-new-bitcoin-etf
It's always about manipulation of price. Why didn't this happen in January with ATH. Don't you think that maybe the price was hyped because of something so good as this? NO. This type of news are better to have when the market has been successfully suppressed to convenient low levels for big investors so then they can justify their manipulation to the way back up.
ok
Thank for the information.
done
I love how they time to announce the #ETF decision delay news right when the price was at 0.618 fib level.
hmmm still gat me thinking tho
Unfortunately, this post was written by someone that more than likely didn't take the time to grammar check.
The underlying message is understood since this seems to be the call of the day in order to resuscitate some form of a bump in the crypto space.
We shall soon see...
Cryptocurrency ETFSS People's trust in the market cryptocurrency
ETF has already make hype in market. Most of people don't know that what is ETF but they know that ETF will make BTC to moon. So moon is not far right now
great news
its not seems in 2018
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Good information. Keep sharing... God bless you...!!
Who thinks #bitcoin ETF approval will look just like #Gold did...it was a 3x gain from 600 in 2000 and is currently around 1260$ oz.#ETF approval should 3x from bitcoins top so 60k. When was futures introduced on both of them? Top of first pump? Just a guess
Flagged for disagreement with rewards. Poor English, poorly formatted and not worth 531.68
...
Good
nice info
I think it's good news for many
We are going to the moon!!!
thanks
Hopefully it will not be just bitcoin... many other cryptos will follow.
hahahaha, your funny. NO ONE wants to use crypto as currency. Why? Because they're scared that if they spend it the price will go up and they'll miss out. It's all a speculative investment, nothing more. Besides to use something as payment it needs to have a stable value and that's not Bitocin or any other. Also when crypto gets to big government will feel threatened and shut it down. Litecoin will probably survive longer than stellar, dash, whatever, but if you want to short term trade those go ahead. It's a game of musical chairs, make money and get out before the music stops. (This is coming from an actual holder of crypto).
Nah, I'd rather get something that made me passive income instead of a liability that took money out of my pocket every month in the form of insurance and gas. Hense..... I want my own duplex!
Up, as you have the gut to do so!
I agree with you.
Such will be the sky.
I am not trader i am crypto lover.
Great article
Holy crap I need to get some more bitcoins and alt coins pronto!!!
How cute!
Its just a waiting game but I am ready to hold for the long run.
Its just a waiting
Game but I am ready to
Hold for the long run.
- feelsomoon
I'm a bot. I detect haiku.
thank you
...
Please don't think of me as an enemy, I'm not here to pitchfork. But, let me ask if you don't mind. What's the plan here?
I'm sure English is not your first language, but leaving that detail aside. What's the plan here? To promote this post excessively seems to be a risky move and very likely to backfire.
perfect
Hope so.
Making love with crypto?
Hello, I found this post because @merlin7 resteemed it.
@merlin, I look forward to reading your introduction post.
Well ETF is legal? If yes then ok.
I think they would add Bitcoin, Ethereum and Litecoin for starters.
Wasnt expecting this recent uptick in price a nice surprise
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What in the fuckity fuck is this shit?
You damn right hashtag what!
#What?
Congratulations!
I'm downvoting this post as well because goddammit; there's no way this post would make a trending page anywhere else in the history of places where people enjoy things!
Some suggestions include:
Why fail at being someone you're not when you can excel at being yourself?
Ciao!
Interesting information but you have horrible English. Please grammar check before you buy votes and post next.
As I opened this post I was hit with a powerful stench. At first I thought my dog farted but no, my dog was on the other side of the house asleep. Then I realised the stench of your post managed to escape the virtual world and infect my office. I am forced to downvote you as I quickly rush to get my air freshener.
Moon as in
Just clarifying
@akrblogs you might want to add the NSFW tag to this post.
Great post
I understand..
hahahaha, so you are playing with birthday money! I totally called it! But seriously, I've had crypto since November 2017, and have been buying it with paychecks from my job. My account didn't grow with the help of grandparents, mowing lawns, or doing chores. I've been using grown up money which is a lot more than you could've possibly scrapped up regardless of how generous your relatives are. Who has the bigger account? ...yeah. But beyond debating over your parents basement XRP account, lets move on to something more relevant. First off, you've misquoted me. Cryptos like Dash and XRP will go to zero, yes. But I do believe digital money will continue on, only in the form of a government controlled fedcoin. The leadership simply won't give over their power to the masses. You of all people should know this, considering your claim of relation to investment bankers and other elites who profit off keeping everyone else poor. It's just like the philosophy of the illuminati, only a few may be enlightened at the expense of the many. Ironically digital money will tighten their grip on society, not loosen it, (if your money isn't physical you're forced to keep it in a bank where you will be charged negative interest rates until it evaporates to nothing). Taking the red pill isn't fun but you'll be better equipped to handle the future. Decentralization isn't possible right now. Crypto isn't the answer, it's just part of the Matrix
I was looking into this and BLOK ETF saw 165 million $ pour into the block chain space. This is huge, first the block chain, then the coins. I cannot wait!!!
Not safe for work")
Posted using Partiko Android
@akrblogs It's a huge opportunity for us to earn money. This will take crypto to the next level. But patience is needed.
..
What are some other currencies not in the top 10 that you guys think would be stable enough to be included in future ETFs?
What a good idea, it is hopfully news.
whales do not leave us
This is fantastic news. ETF will bring a lot money in.
that would be huge !
yes i thing you are right
@akrblogs we are very excited for this moment . And hoping for a big profit .
i have believe that bitcoin will moon to $65000 next year.
Guys have many of you think that bitcoin will moon to $65000 . My answer is big Yes.
it will be the main reason to take the price of these coins to moon. woooooo..
really intelligent argument there, I mean what a stunning point to make! Wow I have absolutely no idea how to respond to that? Then again, coming from a dash fomo'er I should've expect as much.
The prices of crypt I currencies will be rises due the launching of E T F as you are seeing the uptrend of bitcoin
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▶ BITCOIN IS A SCAM SET-UP BY PENTAGON – HC ON DIEGO GARCIA ISLAND!!
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..
I think that an ETF will reassure those with a lot of money to invest in crypto, yet have been too afraid to do so, by giving them a sense of confidence that investing in many coins at once is a much safe bet.
Posted using Partiko iOS
Comments about ETF what the people think about it.
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@djimirji up!
I'm ready for the next bull run!!
Great post explaining ETF's @akrblogs. Resteemed...and I don't usually do that.
If the SEC approves ETF's next month, I can easily see a $35,000 bitcoin by January. Even though it won't go into effect until 2019, the FOMO that'll take place will make 2017 look like nothing.
We shall see what happens
"you know nothing about the world". Yes right there you were very polite and supportive. Don't preach to me about taking the high road until you've taken a look at yourself. (By the the way lieing about your parents begin investment bankers wasn't a very moral thing to do).
But you know what, if owning fake crap coins makes you happy go for it, It's your life... uhhh... I mean you and your parents life. Adious!
...
Seems like Winkelvoss ETS was rejected by SEC, but there is a FUD risk! Be aware! Possible market manipulation!
https://cryptopanic.com/
ETF denied. Price tanking :(.
Enough with this nonsense, you can talk all you want about your particular coin and your success in the crypto space but let's see you actually prove it. Has that birthday money turned into anything or are you just trolling me? Send in a video showing your total account value, if it's anything significant I'll follow your channel and upvote everything you post for three weeks straight. This is how confident I am that your lieing and I'd be surprised if you held any ripple or crypto at all. (Note: Don't accidentally show me any personal information like ip addresses, private keys, ect. Just want to see the grand whopping total of what you've got.... or don't got).
Crypto is the best
...
Sorry, it's just me being a bit naughty. I like to have a bit of fun sometimes.
ETF has been rejected
Where is your ETF now? On the moon already? What a pathetic display, the crypto sphere is stagnant like a pool piss.
Hello Dears
Tell me Which 5 coin is Best for invest.. Those give back 10x++ profit in this year..
Now i think about ETF... How can manage my current cryptocurrency sell or HODL
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https://steemit.com/mgsc/@sandy666/reasoning-behind-the-etf-rejection-bitcoin-again-below-8000-dollors
https://steemit.com/mgsc/@sandy666/reasoning-behind-the-etf-rejection-bitcoin-again-below-8000-dollors
how can cryptocurrencies be approved worldwide as currency when it doesn't assure the bearer the sum of amount?
Nice information and hope ETF will Come Very Soon and Also i want know what will happen About Tron TRX Coin In Future Price
I hoped to find Cardano in the list.
Great analysis of pros & cons of this ETF idea. Any idea of who is going to run it? The Winkilvii?
Nice post.Thanks
No dodging this. Either give me proof of your 'success' in crypto, or quit clogging up the comments section. Otherwise your posts and articles are just like fiat, back by nothing. (Also trying to sell me on your channel and then insulting me isn't the smartest marketing tactic, lol).
...
Perfect
@nameless-berk for your kind information Winklevoss twins bitcoin ETF rejected by SEC not cboe and i am talking here about cboe here is reference for you https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html
Winklevoss twins bitcoin ETF rejected by SEC not cboe and i am talking here about cboe here is reference for you https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html
Winklevoss twins bitcoin ETF rejected by SEC not cboe and i am talking here about cboe here is reference for you https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html
Winklevoss twins bitcoin ETF rejected by SEC not cboe and i am talking here about cboe here is reference for you https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html
These coins will moon when the Bulls come, and this might call 'em.
Give the author a break. the English may have been poor but the there are some pretty good take points in the article.
Vamos con las criptomonedas!!!
super
excelente información!
The ETFs are not looking too promising so far but that’s ok , it will give me time to get more coins and HODL till it does.
me too
What's the deadline for the ETF decision? It'll be awesome
this is def NSFW
Nice, finally calling posts out as they are. Too many yes-men on Steem.
Sir your blog is very nice i like your post good info
Sehr guter und sorgfältig recherchierter Beitrag, weiter so
How do you even downvote?
Great job...hope for hear a good news...moon
you think etf will approved this year?
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Is that right??
The State Securities Commission (SSC) has warned industries to avoid transactions, issuance, and brokerage of cryptocurrencies. The SSC said that trading in cryptocurrencies is similar to money-laundering since they are not legal tenders. Furthermore, Vietnam's central bank, the State Bank of Vietnam had given a nod for banning the import of cryptocurrency mining devices last week. Even though the decision is temporary, it affected the crypto market in a negative way.
@harshsahu
https://steemit.com/funny/@indianbhaskar/you-never-know-about-it
Not taking NEO in the list surprises me!!!
TO THE MOOOOOON
Following you dude, please follow me
ETF wont effect to fly bitcoin moon
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STOPok thanks
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