Bitcoin ETFs are Coming

Why I believe we're on the cusp of the 3rd great Bitcoin bubble

We've recovered from the last crash
You might think it's a bit early (based on the time frame for the last recovery), but things are looking a lot different than in 2011. I would suggest its because the last bubble popped prematurely due to Mt. Gox's failure of a trading engine.
Interest in buying Bitcoins has gone up to its highest point since the last bubble.
There's a similar spike in general interest. Partly helped along by the Silk Road news.
The network is being used at the same rate as during the last bubble.
The Bitcoin ATM story (see below) is causing Bitcoin to trend in Canada on Google (was #1 for a bit). The $27 story (see below) will almost certainly cause a large spike worldwide in Google trends once they're updated up to yesterday.
Lots and lots of new businesses now accept Bitcoins
One legitimate criticism of Bitcoin last year was the lack of places to spend them. We basically just had Alpaca Socks, Reddit and Wordpress, we've grown a lot since then!
Charities and others are taking donations
The first Bitcoin I ever spent was to donate to Wikileaks. More and more places are setting up Bitcoin donation buttons, because why not?
The $27 story is going massively viral
I think the attention this story is getting took a lot of us by surprise. We're thinking "of course if you bought Bitcoins in 2009 you're rich" and it didn't make much of a splash. But to the rest of the world it's a very novel and interesting story.
The first Bitcoin ATM has been installed
Easier way for people acquire Bitcoins with cash. Lots of free publicity. More machines are on their way and will generate more and more news.
Institutional money is coming
Afraid with the price at $200 that it will be hard to find enough moms and pops to keep money coming in faster than miners are selling? Don't be, there are individuals out there with a net worth higher than the entire Bitcoin ecosystem.
Interesting new developments
Cool things that didn't exist before the last bubble (as far as I remember).
Governments are explicitly saying it's not illegal
More and more governments are either saying Bitcoins are legitimate currency, or releasing guidelines for exchanges to comply with anti-money-laundering laws.
New generation of exchanges
Mt. Gox's terrible trading engine was a huge factor in the last crash. They couldn't keep up with all the new interest.
This time around there are more exchanges in more countries, and not a single point of liquidity.
submitted by DTanner to Bitcoin [link] [comments]

ETF Dynamics

I, and as i think it's generally assumed, thought that the ETFs will drive price growth. However, I rethought this today.
COIN and secondmarket need btc, but haven't they been buying for the past year+? That means there won't be any sort of magical demand growth once it goes live - all the bitcoin buying has already occurred. Now the certificates are just transferred to the retail customers.
I could see some marginal demand as more people are interested in the product, meaning that the ETF operators need to acquire more to meet the customer pool.
Does this all sound correct? Unless demand via ETFs outstrips expected demand, forcing the ETFs to acquire drastically more coin, then where will all this demand come from?
Edit: I can see an immediate bounce just because fundamentals have changed; i.e. the gates to a new market have opened. I can also see how long-term price increases due to demand, the market is open and demand increases. I'm just suggesting that a bubble isn't going to launch with the ETFs because the existing coins will satisfy demand of the new market in the short to mid term.
submitted by jeanduluoz to BitcoinMarkets [link] [comments]

Stock Markets Crashing, Bitcoin Tumbles, DeFi Plummets, A ... ALERT! BITCOINs ETF is Confirmed & Coming Soon!! - YouTube Bitcoin ETF: Wall Street’s Path to Crypto  Cointelegraph Documentary Market Update: New ATH and COIN ETF Denial Bitcoin ETF COIN

The Winklevoss Bitcoin ETF. Twin brothers and Gemini founders Cameron and Tyler Winklevoss have unsuccessfully tried to introduce a bitcoin ETF to the market over the past few months. On March 10, 2017, the Securities and Exchange Commission (SEC) rejected the application for COIN, a proposed bitcoin ETF. To the dismay of many, the SEC rejected the Winklevoss Bitcoin ETF (COIN) in a March 10 decision, citing a lack of regulation and surveillance-sharing agreements between exchanges. Top cryptocurrency prices and charts, listed by market capitalization. Free access to current and historic data for Bitcoin and thousands of altcoins. COIN ETF details. The COIN ETF is the more well known of the two ETFs. Generally it is the bitcoin ETF people are talking about. It has gotten a lot of press already and will get even more if it launches. COIN - What. Officially called the WINKLEVOSS BITCOIN TRUST, it is sponsored by Math-Based Asset Services, LLC. Math-Based Asset Services is ... SecondMarket’s bitcoin offering defines new asset class. It’s not every day that a new asset class is born. The last time was probably a few decades ago when managed futures funds became an ...

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Stock Markets Crashing, Bitcoin Tumbles, DeFi Plummets, A ...

Content: Gold & Crypto Weekend News , Bitcoin T/A, Centralized and Decentralized ETFs & TCAP.X Coin Review: Intro - 00:00 Gold & Precious Metal Market - 00:5... Bitcoin Magazine Articles ... Alt Coin Extravaganza: Episode 12 - Higher Caps - Duration: 16:04. Josh Olszewicz 1,842 views. 16:04. Market Update: Looks Like Coal This Year - Duration: 17:11. Josh ... NEW CHANNEL: https://www.youtube.com/channel/UCH9HlTrjyLmLRS0iE1P4rrg I also play video games! https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA -----... The next BIG event, after the halving is the Bitcoin ETF!! & it's been confirmed and is coming soon! We have research that connects: The Fed, The Treasury, C... Bitcoin Brief - Fake Satoshi Hack, China Coin, ETH for Fed & Trezor Update 👉 Subscribe so you don't miss the next one: http://bit.ly/2QKVDdV Stories: Topic 1...

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