holding up not too bad 1144 stamp
Nope, blockchain.info just showed $1080 from $1253 it has been all day long.Funny thing is on Yobit ETH and DASH are going up to 0.0166btc and 0.045btc from 0.0144btc and 0.040btc respectfully.
Topic: ETF Rejected - page 7. (Read 6938 times)
Funny thing is on Yobit ETH and DASH are going up to 0.0166btc and 0.045btc from 0.0144btc and 0.040btc respectfully.
I want to buy some bitcoin, but coinbase is down for maitenance surprise surprise. 
Well the exchanges are part of the problem - despite KNOWING that today would be a heavy trading day, they still weren't ready, which means the market isn't functioning properly because so many exchanges are down. Amateurs.
I want to buy some bitcoin, but coinbase is down for maitenance surprise surprise.
I'm not unhappy with that outcome, for two reasons.
First, I think Bitcoin is about decentralization and "anarchy", not about being a simple stock in a market. An ETF would have converted it into some kind of "official" speculation tool. I think a further growth on the speculation on the Bitcoin isn't important, it's more important to focus on an adoption in real-world usage.
And second, I think it wasn't the right moment for a FOMO rally like the one many predicted in the case of an ETF approval. Such a rally would have inevitably boosted transaction volume, and the bottlenecks because of the unsolved scaling discussion would have been much more visible. Media attention would have focused on the "limits" of Bitcoin, not on the potentials. And yes, I think Bitcoin's scalability problem can be solved - even without sacrificing the on-chain transactions paradigm (sidechains and altchains are the way to go for me, and LN for micropayments).
First, I think Bitcoin is about decentralization and "anarchy", not about being a simple stock in a market. An ETF would have converted it into some kind of "official" speculation tool. I think a further growth on the speculation on the Bitcoin isn't important, it's more important to focus on an adoption in real-world usage.
And second, I think it wasn't the right moment for a FOMO rally like the one many predicted in the case of an ETF approval. Such a rally would have inevitably boosted transaction volume, and the bottlenecks because of the unsolved scaling discussion would have been much more visible. Media attention would have focused on the "limits" of Bitcoin, not on the potentials. And yes, I think Bitcoin's scalability problem can be solved - even without sacrificing the on-chain transactions paradigm (sidechains and altchains are the way to go for me, and LN for micropayments).
How do you manipulate the bitcoin price? Let an ETF sell them electronically... selling them 200:1 reserve ratio. This is not bad news.
These will be times of extreme volatility (and profit) 
It's great, I sold a high number of them at around 1250$ and a part when the price is 1190$. 
I will buy more bitcoins when the price will fall more.I hope one day the price will go back and return over 1500$. Now it's at 1100$ People can try to sell and re-buy later;)
I will buy more bitcoins when the price will fall more.I hope one day the price will go back and return over 1500$. Now it's at 1100$ People can try to sell and re-buy later;)
Should make for a pretty interesting weekend.
Rejected, so what?
I agree with Andreas:
Couldn't write it better.
I agree with Andreas:
Quote
Andreas M. Antonopoulos: "If you measure bitcoin's success by the approval of the incumbent and obsolete industry it replaces, you're doing it wrong"
Couldn't write it better.
I could care less about the etf. This reaction from the market is great, though! Buying opportunities abound, gentlemen. Think I'm going to see what the price is doing tomorrow and buy some more.
Alright China, time to open the markets so they can sell off too. I want to see a $200 BTC!!!
waiting for the drops to buy 
Kind of an expected outcome, but still sad 
. I wonder how far bitcoin and all major alts will dump before we start seeing signs of recovery...
. I wonder how far bitcoin and all major alts will dump before we start seeing signs of recovery...Alts won't dump. Alts will go up cause lots of people sold to get into BTC in case it got rejected. Now they ll go back.
Still, awareness about crypto s the best gain of this. BTC ll go back in a month or two.
Kind of an expected outcome, but still sad . I wonder how far bitcoin and all major alts will dump before we start seeing signs of recovery...
EDIT: It dumped way less than I expected, which means many people expected this outcome I think.
. I wonder how far bitcoin and all major alts will dump before we start seeing signs of recovery...EDIT: It dumped way less than I expected, which means many people expected this outcome I think.
Any back to $500 
holding up not too bad 1144 stamp
It ll go down to below $1000.
Lots of people still do not know the news.
holding up not too bad 1144 stamp
I did not really expect the approval either. We will certainly see a fat dump now. The coverage in the media will also be huge, which should intensify the dump. After that, it is worthwhile to get back into it.
Just do not look at Bitcoin price chart for the next seven days.
Just do not look at Bitcoin price chart for the next seven days.
sell panic coming 
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