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Offline 8bit

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BTS vs. ETF
« on: November 26, 2013, 04:26:24 AM »

There has been talk of a potential BTC ETF in the works. Would this compete with BTS? Is this seen as a major threat to the viability of BTS?
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Offline ruletheworld

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Re: BTS vs. ETF
« Reply #1 on: November 26, 2013, 04:28:14 AM »
There has been talk of a potential BTC ETF in the works. Would this compete with BTS? Is this seen as a major threat to the viability of BTS?
BTC ETF is just a way for ordinary investors who don't want to deal with the technicalities of Bitcoin own a piece of the Bitcoin pie.
BTS is a trading platform that allows, through a prediction marketplace, to trade just about anything, including, bitBTC.
I don't see how the former will threaten the latter.
PTS: PYRqARWMGQ1PeZvjJM6iWJxf2ouwYcueHF
BTC: 1NeRoAKp137GTDUEBaonbu5BUGPN17Xw5n
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Offline 8bit

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Re: BTS vs. ETF
« Reply #2 on: November 26, 2013, 05:40:40 AM »
There has been talk of a potential BTC ETF in the works. Would this compete with BTS? Is this seen as a major threat to the viability of BTS?
BTC ETF is just a way for ordinary investors who don't want to deal with the technicalities of Bitcoin own a piece of the Bitcoin pie.
BTS is a trading platform that allows, through a prediction marketplace, to trade just about anything, including, bitBTC.
I don't see how the former will threaten the latter.

I'm not sure. I'm trying to get a friend to consider investing some of his BTC returns into PTS, but he's concerned that a BTC ETF may make PTS/BTS an unprofitable investment.
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Offline phoenix

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Re: BTS vs. ETF
« Reply #3 on: November 26, 2013, 08:29:55 PM »
There has been talk of a potential BTC ETF in the works. Would this compete with BTS? Is this seen as a major threat to the viability of BTS?
BTC ETF is just a way for ordinary investors who don't want to deal with the technicalities of Bitcoin own a piece of the Bitcoin pie.
BTS is a trading platform that allows, through a prediction marketplace, to trade just about anything, including, bitBTC.
I don't see how the former will threaten the latter.

I'm not sure. I'm trying to get a friend to consider investing some of his BTC returns into PTS, but he's concerned that a BTC ETF may make PTS/BTS an unprofitable investment.

Your friend shouldn't have to worry about that. BitBTC will still be a viable investment option, and it shouldn't compete with the ETF. More likely, they'll find a way to compliment each other so both sides will see gains in their investments
Protoshares: Pg5EhSZEXHFjdFUzpxJbm91UtA54iUuDvt
Bitmessage: BM-NBrGi2V3BZ8REnJM7FPxUjjkQp7V5D28

 

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