Quote from: 8bit on November 26, 2013, 05:40:40 AM

Quote from: ruletheworld on November 26, 2013, 04:28:14 AM

Quote from: 8bit 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?

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

Quote from: ruletheworld on November 26, 2013, 04:28:14 AM

Quote from: 8bit 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?

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.

Quote from: 8bit 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?

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.

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?