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Topic: Bitcoin tries to do the impossible - page 5. (Read 1258 times)

hero member
Activity: 2478
Merit: 512
Leading Crypto Sports Betting & Casino Platform
March 17, 2019, 12:12:46 AM
#68
By going through various processes and various rumours that have developed in the community, the existence of bitcoin is still in demand by various communities. There is nothing impossible that Bitcoin will go back up and be in the spotlight as it did in 2017. The fluctuating prices and corrections are normal in the market, as long as Bitcoin moving rise and stable there's no need to panic I guess.
sr. member
Activity: 784
Merit: 255
March 16, 2019, 04:09:42 PM
#67
Until the summer, do not wait for any very positive news. In the summer, FATF will prepare global rules to regulate the cryptocurrency market.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
March 16, 2019, 02:22:47 PM
#66
Definitely, If the ETF is approved definitely bitcoin will gain much from the current price but I don't think it is still going to be approved for now but maybe in upcoming years

ETF is not the only thing which can increase the bitcoin price. A lot of exchanges and investments are coming in bitcoin and the fomo of Halving will also start soon. Bitcoin is following the pattern and if things move as expected we can see another bull run by the mid of next year. Bitcoin will cross 50,000$ this time as predicted by many experts.

50000$??? People, let's be realistic, this is much too exaggerated. And true experts wouldn't rush in such unreasonable predictions. I don't see that any trigger will start such huge price growth. Not ETF not halving can't influence the price in such huge range.maybe only temporary and in a much lower scale.
sr. member
Activity: 994
Merit: 256
March 16, 2019, 01:47:10 PM
#65
Definitely, If the ETF is approved definitely bitcoin will gain much from the current price but I don't think it is still going to be approved for now but maybe in upcoming years

ETF is not the only thing which can increase the bitcoin price. A lot of exchanges and investments are coming in bitcoin and the fomo of Halving will also start soon. Bitcoin is following the pattern and if things move as expected we can see another bull run by the mid of next year. Bitcoin will cross 50,000$ this time as predicted by many experts.
Bitcoin is actually made with a proper planning and with proper way of increasing price and all other, so it is really good to wait for your time and we are living in modern world so really need to have technologies, it has anonymous nature because of it price rises and gets down, once it started to rise it increase very high.
sr. member
Activity: 2030
Merit: 356
March 16, 2019, 10:02:38 AM
#64
Definitely, If the ETF is approved definitely bitcoin will gain much from the current price but I don't think it is still going to be approved for now but maybe in upcoming years

ETF is not the only thing which can increase the bitcoin price. A lot of exchanges and investments are coming in bitcoin and the fomo of Halving will also start soon. Bitcoin is following the pattern and if things move as expected we can see another bull run by the mid of next year. Bitcoin will cross 50,000$ this time as predicted by many experts.
sr. member
Activity: 994
Merit: 256
March 14, 2019, 02:21:33 PM
#63
Today, the cryptocurrency has grown very well due to rumors of ETF approval, but what has changed during this time? - right! anything increase is most likely temporary. Your opinion?
Well a bitcoin ETF mimics the price of the most popular digital currency in the world. So other people says that when the time of its approval the Bitcoin crypto currency community somehow goes up temporarily due to the fact that it allows investors to buy into the ETF without going through the complicated process of trading bitcoin itself. But for me, whether this happened, nothing special because no one can prove that this is the reason for the sudden small rise up of the crypto market. Furthermore, here in the crypto currency community, a sudden ups and downs are not new to have, because the world of the crypto currencies, its crypto market is always have a waves of unexpected happenings.
For sure it is the best currency which is already being accept by all people and by so many new countries, if price rises it is only because of two factors, which is more adoption for low availability and for more holding than selling, so if people stop selling for panic price start rising by itself without any our side support so for bitcoin nothing is impossible.
legendary
Activity: 1092
Merit: 1001
March 14, 2019, 09:31:33 AM
#62
Today, the cryptocurrency has grown very well due to rumors of ETF approval, but what has changed during this time? - right! anything increase is most likely temporary. Your opinion?
Well a bitcoin ETF mimics the price of the most popular digital currency in the world. So other people says that when the time of its approval the Bitcoin crypto currency community somehow goes up temporarily due to the fact that it allows investors to buy into the ETF without going through the complicated process of trading bitcoin itself. But for me, whether this happened, nothing special because no one can prove that this is the reason for the sudden small rise up of the crypto market. Furthermore, here in the crypto currency community, a sudden ups and downs are not new to have, because the world of the crypto currencies, its crypto market is always have a waves of unexpected happenings.
member
Activity: 182
Merit: 14
March 12, 2019, 09:26:18 AM
#61
Definitely, If the ETF is approved definitely bitcoin will gain much from the current price but I don't think it is still going to be approved for now but maybe in upcoming years
legendary
Activity: 3080
Merit: 1353
March 12, 2019, 07:47:24 AM
#60
Yes, everything is temporary and the question is consistent or not, but after a few weeks have passed there is still no consistent increase which means ETF approval will indeed not push the price of the bitcoin to be bullish. Nothing is impossible, the potential to recover will still occur

We still don't know about that bolded statement. We haven't seen any ETF approval so we can't definitely say what's the impact on the price in the future.

But as far as I'm concern, those ETF's will really push the price because more investors will get into the market. The only question is how long will the price go assuming that ETF's as going to be approved in the future.

So let's say the ETF is really approved, crypto. enthusiast are expecting a huge jum on the price since institutional money will flow in the ecosystem. And I even see reports that Bitcoin could go and increased as high as 500% here: (https://totalcrypto.io/bitcoin-etf-analysis/). But this is just an analysis that we're not sure if it's going to happened so everything is still up in the air and we really can say for certain if it will really have a huge positive impact on the market.
hero member
Activity: 2632
Merit: 833
March 10, 2019, 09:54:23 AM
#59
Yes, everything is temporary and the question is consistent or not, but after a few weeks have passed there is still no consistent increase which means ETF approval will indeed not push the price of the bitcoin to be bullish. Nothing is impossible, the potential to recover will still occur

We still don't know about that bolded statement. We haven't seen any ETF approval so we can't definitely say what's the impact on the price in the future.

But as far as I'm concern, those ETF's will really push the price because more investors will get into the market. The only question is how long will the price go assuming that ETF's as going to be approved in the future.
legendary
Activity: 2492
Merit: 1232
March 09, 2019, 09:17:25 AM
#58
Yes, everything is temporary and the question is consistent or not, but after a few weeks have passed there is still no consistent increase which means ETF approval will indeed not push the price of the bitcoin to be bullish. Nothing is impossible, the potential to recover will still occur
Your point of a conclusion is near to the truth, I also noticed that the movement in the price of a crypto market is that after a dragging too much down it will also rapidly increasing, which means just like zigzag motion. But the spike price is just normal and surely it because of highly volatile. Well, a bunch of crypto enthusiasts waiting for that ETF implementation will be approved and make price better.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
March 09, 2019, 08:31:49 AM
#57
Yes, everything is temporary and the question is consistent or not, but after a few weeks have passed there is still no consistent increase which means ETF approval will indeed not push the price of the bitcoin to be bullish. Nothing is impossible, the potential to recover will still occur
full member
Activity: 658
Merit: 152
March 09, 2019, 07:51:11 AM
#56
Well, and every drop is also temporary, you know. If you look at the subject more wide you will see that even our fiat that we use now and gold has their ups and downs, so that doesn't need to be surprisingly to you, OP, and us in general.
full member
Activity: 1064
Merit: 102
March 09, 2019, 07:07:25 AM
#55
Any increase fueled by a rumor could only be temporary, if it were to be more than a rumour market would have increased more than that and maybe there might have been btc new all time high, many people are waiting for this approval to enter into crypto space including institutional investors.
sr. member
Activity: 882
Merit: 269
March 08, 2019, 12:57:16 PM
#54
Today, the cryptocurrency has grown very well due to rumors of ETF approval, but what has changed during this time? - right! anything increase is most likely temporary. Your opinion?
It has really get dumped after that bull run but not to were it starts from.  Bitcoin is going to do well when market started to recover and ETF get approved.  I know that if ETF can be approved institutionals investors are going to come into the market and push the price upwards.
copper member
Activity: 1050
Merit: 294
March 06, 2019, 08:17:06 AM
#53
Today, the cryptocurrency has grown very well due to rumors of ETF approval, but what has changed during this time? - right! anything increase is most likely temporary. Your opinion?

Nothing has changed, i don't think so ETF approval will have a remarkable effect on the price.
Market fluctuations are normal as like before, so you can say it temporary unless a major change will occur in the future.
Predictions are not going to work here in this market.
sr. member
Activity: 784
Merit: 255
March 04, 2019, 01:13:18 PM
#52
Of course whales regulate the price.There are several dozens of large cryptocurrency holders. Last year,we saw that positive news did not lead to an increase in cryptocurrency rates.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
March 04, 2019, 01:43:58 AM
#51
Today, the cryptocurrency has grown very well due to rumors of ETF approval, but what has changed during this time? - right! anything increase is most likely temporary. Your opinion?

Its really becoming hard to confirm what causes either the rise or fall in crypto currency values. And I think this is what the secret of its success. Few fake and true news impact the growth slightly but still none knows who is controlling the price. Its the whales? or exchanges? or news or any events or forks come up?
full member
Activity: 1008
Merit: 101
March 03, 2019, 09:05:54 AM
#50
Today, the cryptocurrency has grown very well due to rumors of ETF approval, but what has changed during this time? - right! anything increase is most likely temporary. Your opinion?

I suppose that it's only the temporal state, and it's going down again, somewhere at $3800
Well done because you said allot in single sentence, we are in modern age where we have allot of facilities and having crypto currency is one of them, there is nothing impossible in crypto currency market, it can make your rich and billionaire even within few months and hours for being holder and good investor so everything is possible but skills will be required.
hero member
Activity: 2632
Merit: 833
March 03, 2019, 07:14:53 AM
#49
The fact that etf is accepted or not is not important for me.   the fact that etf is accepted or not is not important for me. when people will be convinced that they will not be accepted, and when the bitcoin price falls down Example: like $ 1500. That's when the EFT is accepted and the price comes out.

Ok, the way I understand it, you wanted for the price to go lower before the SEC approved the Bitcoin ETF so that it will push the price? Why waited for the price to go $1500? Why not now when the price is still strong at $3800.

Anyhow, I don't think that we can see ETF's approval though. In fact, SEC will just delay its decision and then just deny it, like the rest of the ETF's in the past, they're all good in paper, however, when the question about market manipulation is not answered, SEC will simply throw the proposal to the trash bin.
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