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Topic: Bitcoin Skyrocket soon launches! Fasten your seatbelts! (Read 259 times)

legendary
Activity: 3038
Merit: 1169
If there are positive stories such as this, There will be negative ones that will try to lure down the price even more, I don't really want to give any FUD or what so ever but the fact that it can happen is there, Even though they are making assumptions because of this news, That we can see the price to start to skyrocket there are possible interruptions whether there are negative ones like FUD, Banks that are Against Cryptocurrrency, Even the manipulation can be another threat, I am just saying that there are many barriers regarding the bull run this year and we need to check all possible things that can stop this, So we can also say that there will be no pump this year!
legendary
Activity: 3528
Merit: 7005
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Meh.  Maybe I'll put my seatbelt on because things may end up crashing down, but I don't think this is moon-rocket news by any means.  The ETFs are nothing new, and I'm not sure how much of an impact they're having.  I'd think that bitcoin futures & whatever other derivatives can be created would have more of an impact on the actual price of bitcoin--kind of like the precious metals market.
hero member
Activity: 1834
Merit: 759
the keyword is "everyone" which is never going to happen. in fact majority of people want to hold what they buy (by hold i mean have in their possession not hodl and never sell) which means they will always buy bitcoin directly and move it to their wallets to have 100% full control.
using ETFs you would be using a third party and that's not bitcoin anymore.

I didn't mean that literally, of course. I was under the assumption that Bitcoin ETFs would be the key to the market taking off. If this were the case, then it's ultimately meaningless from a utility standpoint because adoption would technically be unaffected and the vast majority of money in the market would be there for investment rather than utility (which is also the case right now sadly lmao).

...or that's just my stand on the matter anyway. Only time will tell. Sorry for the late response, been busy irl.
legendary
Activity: 1652
Merit: 1000
they says soon and soon means can be anytime but currently people will always be attempt to find good news related to bitcoin price because they expect from those news bitcoin price will skyrocket but in the fact skyrocket still delayed and the price seems stuck and difficult to rise up but i always be glad to see optimistic acts from people who believe bitcoin will back on the right track
member
Activity: 294
Merit: 10
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Similarly, there are a lot of price predicts which says skyrocketing takes place. But for some reason we always see price movements in the opposite direction. That's why I don't take them very seriously. I think the upward trend will start if news stops that negatively affect prices.
legendary
Activity: 1372
Merit: 1252
Big leg up right now, we can be on $7000 at this pace pretty soon. The ETF news are definitely very bullish. At some point they stopped being effective because all of these "wow, an ETF is coming" news always got shut down by the SEC, but the SEC right now seems to be seeking to get it done for real this time. Im looking forward to see the price skyrocket with an ETF in the market for all the computer illiterates to get some exposure to Bitcoin, I can see new ATH's pretty easily.

As of for now, we need to get past $10k, and go from there.
legendary
Activity: 2968
Merit: 3684
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Nothing new, buddy. Just update on news, following older news continuing older threads under files marked by media as "For cycling". Come back in a couple of years after another market decline and you'll see just the same headlines.

Besides, I haven't unstrapped from this ride. Well and truly strapped in by my seatbelts way in early 2017! Aren't you enjoying it? I am.
legendary
Activity: 2282
Merit: 1041


Last time was denied. Now that the price has gone up maybe they will now consider but still don't get your hopes up too much. AS disappointing as it may sound, it can also be denied later on. But if it happen, would they also approve the rest too? I hope to be alive still when finally one day ETH and some other tokens are going to be considered securities.
hero member
Activity: 1064
Merit: 505
Purely based on technical analysis bitcoin is bullish right now, even if it's only short term. The recent double bottom and follow through of the bulls confirms this. If we can break 6800 and 7000 in the next leg up, bulls can be really confident that we are in fact entering a bullish uptrend again. Time will tell.
full member
Activity: 364
Merit: 106
This news will somehow contribute to the price hike soon of bitcoin. We just have to wait for the bull run if SEC approved ETF. Good news will surely affect the market and give positive impact to it.
Exactly, this kind of news is what I'm looking for. This can really pump the market, and I know SEC decsions will in favor to us. The market will grow again, more good news will come, more big investors and those hodlers who believe during the bad times will enjoy this market again and this is worth trusting for.
Why does everyone want to see that the price of bitcoin is constantly growing? Don't you understand that it doesn't happen? It seems to me that bitcoin would have received more confidence if the price was stable. I think that you need to concentrate on earning bitcoins and then you will not be important its price.
full member
Activity: 378
Merit: 100
On the other, this might be the nail in the coffin for Bitcoin as a currency. If everyone's investing through ETFs, no one will be trading actual Bitcoins.

the keyword is "everyone" which is never going to happen. in fact majority of people want to hold what they buy (by hold i mean have in their possession not hodl and never sell) which means they will always buy bitcoin directly and move it to their wallets to have 100% full control.
using ETFs you would be using a third party and that's not bitcoin anymore.

Yeah that's right. I don't think a lot of people are trading btc to usd directly since most trade alts to btc so i don't think that'll be much of an issue for majority of traders. It probably will make btc's value a little less volatile.

In my own opinion, the market price will increase even more just like what happened last year, the volatility of the market will make the price of bitcoins to skyrocket again before the year ends.
member
Activity: 144
Merit: 10
 I would like it to be came true. And many of signs all over the world are telling that it could be, so just in case I would put my belt on, lol. Who knows for sure what would be happening.
legendary
Activity: 3472
Merit: 10611
On the other, this might be the nail in the coffin for Bitcoin as a currency. If everyone's investing through ETFs, no one will be trading actual Bitcoins.

the keyword is "everyone" which is never going to happen. in fact majority of people want to hold what they buy (by hold i mean have in their possession not hodl and never sell) which means they will always buy bitcoin directly and move it to their wallets to have 100% full control.
using ETFs you would be using a third party and that's not bitcoin anymore.

Yeah that's right. I don't think a lot of people are trading btc to usd directly since most trade alts to btc so i don't think that'll be much of an issue for majority of traders. It probably will make btc's value a little less volatile.

you say "thats right" then make a contradictory statement?!!!
people ARE making traders with fiat meaning BTC to USD back which is why i said ETFs won't have the big effects people are anticipating from them. and trading altcoins with bitcoin has absolutely nothing to do with the discussion here.
sr. member
Activity: 2044
Merit: 314
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This news will somehow contribute to the price hike soon of bitcoin. We just have to wait for the bull run if SEC approved ETF. Good news will surely affect the market and give positive impact to it.
Exactly, this kind of news is what I'm looking for. This can really pump the market, and I know SEC decsions will in favor to us. The market will grow again, more good news will come, more big investors and those hodlers who believe during the bad times will enjoy this market again and this is worth trusting for.
member
Activity: 630
Merit: 20
This news will somehow contribute to the price hike soon of bitcoin. We just have to wait for the bull run if SEC approved ETF. Good news will surely affect the market and give positive impact to it.
legendary
Activity: 2646
Merit: 1106
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Bitcoin skyrocketing takes place, but I don't find any reason right now for such an incident. The market is surrounded by good acceptance level and same as that it has got regulations surrounding from different countries. By this time something big as a support from a government from a grown country is a must to make the price skyrocket.
hero member
Activity: 1246
Merit: 529
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On the other, this might be the nail in the coffin for Bitcoin as a currency. If everyone's investing through ETFs, no one will be trading actual Bitcoins.

the keyword is "everyone" which is never going to happen. in fact majority of people want to hold what they buy (by hold i mean have in their possession not hodl and never sell) which means they will always buy bitcoin directly and move it to their wallets to have 100% full control.
using ETFs you would be using a third party and that's not bitcoin anymore.

Yeah that's right. I don't think a lot of people are trading btc to usd directly since most trade alts to btc so i don't think that'll be much of an issue for majority of traders. It probably will make btc's value a little less volatile.
newbie
Activity: 94
Merit: 0
It's just price speculation is nothing more than. what will happen the reality. I do not really believe in such media let alone make prediction. I'm hold my assets in my hardwallets.  I don't want to regret, just have more patience bitcoin will moon again.
Agreed. Trends are more significant than spikes. I also believe in bitcoin as a long-term investment, but not due to tiny rebounds in a bear market.
newbie
Activity: 192
Merit: 0
There are many people waiting for the  perfect entry and I believe this will go down to 4900-5100 before it will skyrocket. Look at the stochastic rsi and rsi of btc/usdt it needs to reset before going up higher
sr. member
Activity: 476
Merit: 359
Hello



https://www.coindesk.com/the-sec-is-seeking-comment-on-yet-another-bitcoin-etf/



the SEC is reviewing soon the idea of ETFs for bitcoin, which will cause a dramatical uptrend for the future! Bitmex CEO said in a interview at CNBC that end of year we can maybe reach 50k$ per bitcoin!


If the SEC is willing and approving ETFs , it will rock, as private investors and companys are able to invest with REAL money, and have an insurance through the bank.


this will cause a mainstream cashflow into cryptocurrencies, especially for bitcoin!

This is indeed a good news, but you need to know that a good news alone can not bring the price up. It needs a lot of things, but most importantly is the new cash flow to the bitcoin itself, so it will start the demand of the market and then the price will surely rising.

I hope it can be done in short time because i have something to do with my bitcoin right now.
hero member
Activity: 2660
Merit: 651
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There's doubt that the price of bitcoin market will surge if the SEC approve the ETF for bitcoin but that doesn't mean that the price of the bitcoin market will reach $50,000 price range per bitcoin before the end of this year.
sr. member
Activity: 756
Merit: 250
I am not familiar with the question, so is it a negative impact on bitcoin in the future, or can make bitcoin growing all over the world?
hero member
Activity: 3080
Merit: 603
Don't get your hopes up because no one care about SEC anymore, and also it could be a bad thing for bitcoin as fellow members explained above.
IIRC, It has been disapproved twice last year so it's not really a big thingy today.

I'm not moved with the ETH anymore so what I want to focus with is with this thing.
Bitmex CEO said in a interview at CNBC that end of year we can maybe reach 50k$ per bitcoin!

If SEC's ETF approval is the only way to make this it's still unknown.

One more thing I highly doubt that bitcoin will will reach 50k in just 6 months.
It's hard to believe but bitcoin from $7,000 - $20,000 took only 4 weeks, correct me if I'm wrong.
legendary
Activity: 3472
Merit: 10611
On the other, this might be the nail in the coffin for Bitcoin as a currency. If everyone's investing through ETFs, no one will be trading actual Bitcoins.

the keyword is "everyone" which is never going to happen. in fact majority of people want to hold what they buy (by hold i mean have in their possession not hodl and never sell) which means they will always buy bitcoin directly and move it to their wallets to have 100% full control.
using ETFs you would be using a third party and that's not bitcoin anymore.
full member
Activity: 686
Merit: 104
good news, and it looks like we have to prepare all this from now on. though that is not yet certain, but it is likely that bitcoin will still go up at the end of the year. buying from now is a good thing.
legendary
Activity: 1456
Merit: 1023
I already saw this news and also was happy, finally the uptrend will return to the cryptocurrency market.

Most of the investors are eagerly waiting for prices to go up so any good news will give relief to investors but if that news just for speculation then we will not see much impact to the market. I'm a crypto believer so I too think prices will surely go up but not confident that within next few months Bitcoin price can hit around 50K or even previous all-time high price 20K. So currently whenever I get some spare money investing in cryptos and holding them tightly.
newbie
Activity: 126
Merit: 0
People continue to speculate about bitcoin, I think words like this will not change the value of bitcoin. Purchases and sales are the real thing that can determine the value of bitcoin. However their words can scare people into buying bitcoin back and I think it is a stupid trick to get bitcoin at a bargain price.
newbie
Activity: 96
Merit: 0
I already saw this news and also was happy, finally the uptrend will return to the cryptocurrency market.
member
Activity: 242
Merit: 10
It's just price speculation is nothing more than. what will happen the reality. I do not really believe in such media let alone make prediction. I'm hold my assets in my hardwallets.  I don't want to regret, just have more patience bitcoin will moon again.
member
Activity: 174
Merit: 10
Don't get your hopes up because no one care about SEC anymore, and also it could be a bad thing for bitcoin as fellow members explained above.
One more thing I highly doubt that bitcoin will will reach 50k in just 6 months.
hero member
Activity: 1834
Merit: 759
I have mixed feelings about this.

On one hand, this certainly has the potential to increase Bitcoin prices, and will be bringing in investors.

On the other, this might be the nail in the coffin for Bitcoin as a currency. If everyone's investing through ETFs, no one will be trading actual Bitcoins.

We'll see though, I guess.
hero member
Activity: 1470
Merit: 655
i don't know ETFs have been weird so far. the hype of them has been dwindling with each ETF that got rejected by the SEC last year. for example the first one led to a big rise and smaller but still big drop. but i think it was by the third time that nobody even cared about them anymore and price didn't move at all.

and i still say the following statement is wrong, there won't be any cash-flow in bitcoin directly so it won't affect bitcoin directly at all:

this will cause a mainstream cashflow into cryptocurrencies, especially for bitcoin!
newbie
Activity: 140
Merit: 0
Bitcoin will rise again near soon just relax and don't dump your assets or you will regret, I believe that bitcoin will have a bull run this year and I'm keeping my assets in my wallets due of I don't want to regret, just have more patience bitcoin will moon again.
sr. member
Activity: 1834
Merit: 261
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I've seen this news, maybe it's just price speculation is nothing more than what will happen the reality may be more bitter, I do not really believe in such media let alone make predictions without seeing how the past bitcoin itself
newbie
Activity: 15
Merit: 5
Hello



https://www.coindesk.com/the-sec-is-seeking-comment-on-yet-another-bitcoin-etf/



the SEC is reviewing soon the idea of ETFs for bitcoin, which will cause a dramatical uptrend for the future! Bitmex CEO said in a interview at CNBC that end of year we can maybe reach 50k$ per bitcoin!


If the SEC is willing and approving ETFs , it will rock, as private investors and companys are able to invest with REAL money, and have an insurance through the bank.


this will cause a mainstream cashflow into cryptocurrencies, especially for bitcoin!
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