SEC and ETF is the best thing to have now.
once that is being approve then we can see the market going up.
we all know that his thing is the only one who is keeping the red market now. once we have it then its a good thing.!
Topic: BTC To raise before SEC decision or after? - page 2. (Read 384 times)
So we all knew the SEC were going to delay the ETF decision again, however this will be the last time they can delay it, and a decision will be made sometime before February 2019. How do you guys think this will affect the price of btc and crypto overall. Will it have as strong impact as last year when the big guys jumped the future train?
Whether they decide to approve or not, it does not have any effect if everybody in the market is just going about their business. The decision itself is not a determinant of the direction of price but the reaction of people to it. Based on current phenomenon, I don't are any major shift on price should SEC approval even happen now or in the near future.
In the short term it will still make bitcoins rise slow since the believe traders want to find in bitcoins won't be there as a result of lack of regulations from the commission.
The cryptocurrency space has really waited patiently for sec decision to be make but what ever the decision of sec causes of the cryptocurrency market it would sure be severe in essence if the decision has a positive effect on the market then it would be a major positive impact but if the reverse is the case then it would be severe as well
So we all knew the SEC were going to delay the ETF decision again, however this will be the last time they can delay it, and a decision will be made sometime before February 2019. How do you guys think this will affect the price of btc and crypto overall. Will it have as strong impact as last year when the big guys jumped the future train?
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