ETF will probably not approved yet, so BTC and the others crypto will go down !!

Sunderland

sr. member

Activity: 1439

Merit: 380

Bitcoin Casino Est. 2013

Quote from: yohananaomi on February 12, 2024, 09:37:21 AM

ETF, whether directly or indirectly, will in time have an impact on Bitcoin movements because any news that occurs will always have an impact, even though the level will be adjusted to the current situation. Because the halving period is approaching, usually movements will always occur, so the news will not affect anything else; we just have to wait for the movement from the halving period to occur. Let the SEC determine what will be done with the ETF, so currently there will still be people waiting for it.

Well, the Bitcoin ETF has been approved since last month and its already hit $10B milestone in a month.
Please do some research first before you bring back the old thread, because this topic is not relevant anymore.

yohananaomi

sr. member

Activity: 2422

Merit: 267

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: South Park on January 10, 2024, 05:10:55 PM

I expect a great deal of those advisors to take long positions on bitcoin way before an ETF approval, because if they were to really wait until the SEC gave the green light, by the time they bought the amount of bitcoin they needed the price would have gone up significantly already, and in fact it can be said that the current upward movement that started back at the end of October of the previous year can be attributed to the rumors of a bitcoin ETF approval being imminent.

ETF, whether directly or indirectly, will in time have an impact on Bitcoin movements because any news that occurs will always have an impact, even though the level will be adjusted to the current situation. Because the halving period is approaching, usually movements will always occur, so the news will not affect anything else; we just have to wait for the movement from the halving period to occur. Let the SEC determine what will be done with the ETF, so currently there will still be people waiting for it.

EarnOnVictor

hero member

Activity: 826

Merit: 641

Leading Crypto Sports Betting & Casino Platform

Quote from: emrecemsan on January 18, 2024, 05:54:29 AM

Quote from: LFC_Bitcoin on January 18, 2024, 05:44:43 AM

The OP ended up making himself look a bit stupid, didn’t he. Making up BS that he had sources the Bitcoin Spot ETF’s would be rejected.

Maybe the OP wanted to buy cheaper and he was hoping for a big wick down if they were rejected. He might have been trying to spread FUD to encourage selling so he could buy cheaper (not that he could affect anything with very limited reach).

You had more than enough time to fill your bags OP.

Even though I don't make comments on economy topics much I absolutely agree with you. There have been many people in the recent times who are making this kind of posts to spread fear. I think that we will continue to see this kind of topics as I think Bitcointalk is still more effective than most social media platforms.

The OP is not the only one who fears the rejection, many economists feared it too and some dropped their reasons as well. Now, I think we should leave it behind us, it has passed and the approval has finally been won. The ETF saga was really shaky and confusing, even the crypto market felt indecisiveness from the last weeks of 2023 to the very first 2 weeks of 2024. If the OP didn't get it right this time due to one thing or the other, that doesn't mean good information can't still be dropped by the same person next time, so I don't mock. Well, it will continue to be a lesson for us all, we only conclude when we see an outcome, and even if we go by speculations, we should be careful about it and not be too hasty for any decision because of it.

About Bitcointalk and social media, there is a wide difference here as we are more refined with our revelations than over there, we should only be more encouraged to weigh our information before we propagate such.

emrecemsan

sr. member

Activity: 1778

Merit: 385

Quote from: LFC_Bitcoin on January 18, 2024, 05:44:43 AM

The OP ended up making himself look a bit stupid, didn’t he. Making up BS that he had sources the Bitcoin Spot ETF’s would be rejected.

Maybe the OP wanted to buy cheaper and he was hoping for a big wick down if they were rejected. He might have been trying to spread FUD to encourage selling so he could buy cheaper (not that he could affect anything with very limited reach).

You had more than enough time to fill your bags OP.

Even though I don't make comments on economy topics much I absolutely agree with you. There have been many people in the recent times who are making this kind of posts to spread fear. I think that we will continue to see this kind of topics as I think Bitcointalk is still more effective than most social media platforms.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

The OP ended up making himself look a bit stupid, didn’t he. Making up BS that he had sources the Bitcoin Spot ETF’s would be rejected.

Maybe the OP wanted to buy cheaper and he was hoping for a big wick down if they were rejected. He might have been trying to spread FUD to encourage selling so he could buy cheaper (not that he could affect anything with very limited reach).

You had more than enough time to fill your bags OP.

el kaka22

legendary

Activity: 3654

Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

I believe that the best thing you could do regarding this would be just realizing you are not going to end up with anything that would be fair, it's just not that possible to make it work if you have no idea how you could do it. I believe that the best thing we could do right now would be just making sure that life is not all that complicated and ETF is not a must.

We should not go down in price just because ETF is not getting accepted, we should be considering that as nothing but just a helper, it would make sense for it to go up if it gets approved, because we would all be happy, but that also doesn't mean that it should go down if we are at a stage where it is not getting accepted should equal to sadness and drop, that should not happen.

Jating

hero member

Activity: 2842

Merit: 772

Quote from: Driftless_Mining on January 13, 2024, 02:33:06 PM

Quote from: onecall123 on January 11, 2024, 10:12:15 AM

Here we go!

Bitcoin ETF approved, and price surges past $48,000

And here we go, Bitcoin ETF approved and after a few more hours price dives below $43,000.

Yeah, and so far since the news, the price remains at $43k. But despite that, at least we heard that good news already, maybe it's price in already, or we need the market to just settle down a bit first and then wait for the halving to happen first before institutions pour their money on the market.

And just like any good news, the effect might not be felt instantly as we all know that everything is pure speculation in the market and there are also some entities that is going to manipulate, sell the news and FOMO. But at least the price is above $40k'ish before the halving and for me that is good news already.

Driftless_Mining

newbie

Activity: 16

Merit: 6

Quote from: onecall123 on January 11, 2024, 10:12:15 AM

Here we go!

Bitcoin ETF approved, and price surges past $48,000

And here we go, Bitcoin ETF approved and after a few more hours price dives below $43,000.

onecall123

sr. member

Activity: 2156

Merit: 323

Quote from: uchegod-21 on January 11, 2024, 07:36:10 AM

Quote from: Wiwo on January 10, 2024, 05:42:22 PM

Quote from: South Park on January 10, 2024, 05:10:55 PM

Quote from: mich on January 05, 2024, 05:08:20 AM

Well I hope you are not right about that. I think we are all waiting for the approval and think there will be big gains when this does happen.
New survey shows 88% of financial advisors expressed interest in acquiring BTC after approval. That is alot of money to come into the market.
https://www.fxstreet.com/cryptocurrencies/news/bitwise-survey-almost-90-of-financial-advisors-plan-to-buy-bitcoin-post-spot-btc-etf-approvals-202401042100

I expect a great deal of those advisors to take long positions on bitcoin way before an ETF approval, because if they were to really wait until the SEC gave the green light, by the time they bought the amount of bitcoin they needed the price would have gone up significantly already, and in fact it can be said that the current upward movement that started back at the end of October of the previous year can be attributed to the rumors of a bitcoin ETF approval being imminent.

The ETF approval was done today and you can read on some other threads in th bitcoin discussion board where the thread that announced the ETF approval was made and already in the news so let see what impacts the bitcoin ETF approval will be on the market is the days roll by, this approval have been waited for quite a while now and even though when the sec gave the green light the approvals is going to come in January 2024 many did not believe that and for sure it was a great news when I saw that thread some hours ago.

Just take a look at the news on check the thread to get more updates and I am sure that thread will be at the top of the board since the discussion will attract alot of attention since this is what we have being looking forward to see.

Whether ETF is approved or not, there will always be bitcoin. There has been Bitcoin before the ETF approval news came up. Even if the approval fails, the bitcoin price will just dip and still rise again because there is bull run. From all indications ETF will be approved and if not approved already.

@Wiwo, did you say that ETF bitcoin is approved already? Where is the thread or the link?

Here we go!

Bitcoin ETF approved, and price surges past $48,000

Bitcoin has surged by more than 8% since the approval of the ETF. We've been eagerly awaiting a development like this for quite some time. Bitcoin had already gained a lot of attention in anticipation of this ETF previously. I anticipate a correction coming soon, at least that's what I hope for. It's a classic "sell the news" scenario, and there might be a rotation toward BTC.

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: uchegod-21 on January 11, 2024, 07:36:10 AM

Quote from: Wiwo on January 10, 2024, 05:42:22 PM

Quote from: South Park on January 10, 2024, 05:10:55 PM

Quote from: mich on January 05, 2024, 05:08:20 AM

Well I hope you are not right about that. I think we are all waiting for the approval and think there will be big gains when this does happen.
New survey shows 88% of financial advisors expressed interest in acquiring BTC after approval. That is alot of money to come into the market.
https://www.fxstreet.com/cryptocurrencies/news/bitwise-survey-almost-90-of-financial-advisors-plan-to-buy-bitcoin-post-spot-btc-etf-approvals-202401042100

I expect a great deal of those advisors to take long positions on bitcoin way before an ETF approval, because if they were to really wait until the SEC gave the green light, by the time they bought the amount of bitcoin they needed the price would have gone up significantly already, and in fact it can be said that the current upward movement that started back at the end of October of the previous year can be attributed to the rumors of a bitcoin ETF approval being imminent.

The ETF approval was done today and you can read on some other threads in th bitcoin discussion board where the thread that announced the ETF approval was made and already in the news so let see what impacts the bitcoin ETF approval will be on the market is the days roll by, this approval have been waited for quite a while now and even though when the sec gave the green light the approvals is going to come in January 2024 many did not believe that and for sure it was a great news when I saw that thread some hours ago.

Just take a look at the news on check the thread to get more updates and I am sure that thread will be at the top of the board since the discussion will attract alot of attention since this is what we have being looking forward to see.

Whether ETF is approved or not, there will always be bitcoin. There has been Bitcoin before the ETF approval news came up. Even if the approval fails, the bitcoin price will just dip and still rise again because there is bull run. From all indications ETF will be approved and if not approved already.

@Wiwo, did you say that ETF bitcoin is approved already? Where is the thread or the link?

Its not really that hard to make some simple google search and trying to find out on whats the result of that ETF application whether its been approved or not.

https://www.reuters.com/technology/bitcoin-etf-hopefuls-still-expect-sec-approval-despite-social-media-hack-2024-01-10/
https://www.youtube.com/watch?v=H-Zu0bZi6M0
https://www.ft.com/content/443b2589-0a4a-48ef-872e-3cd52b1b297d

Its been approved and 11 of those applications had passed and thats a good news.
Lets just see the inflow of those institutional funds that would flow into this market, yes it does sounds good but we shouldn't forget
on what are the things that will really be affected. Cool

uchegod-21

hero member

Activity: 1134

Merit: 643

BTC, a coin of today and tomorrow.

Quote from: Wiwo on January 10, 2024, 05:42:22 PM

Quote from: South Park on January 10, 2024, 05:10:55 PM

Quote from: mich on January 05, 2024, 05:08:20 AM

Well I hope you are not right about that. I think we are all waiting for the approval and think there will be big gains when this does happen.
New survey shows 88% of financial advisors expressed interest in acquiring BTC after approval. That is alot of money to come into the market.
https://www.fxstreet.com/cryptocurrencies/news/bitwise-survey-almost-90-of-financial-advisors-plan-to-buy-bitcoin-post-spot-btc-etf-approvals-202401042100

I expect a great deal of those advisors to take long positions on bitcoin way before an ETF approval, because if they were to really wait until the SEC gave the green light, by the time they bought the amount of bitcoin they needed the price would have gone up significantly already, and in fact it can be said that the current upward movement that started back at the end of October of the previous year can be attributed to the rumors of a bitcoin ETF approval being imminent.

The ETF approval was done today and you can read on some other threads in th bitcoin discussion board where the thread that announced the ETF approval was made and already in the news so let see what impacts the bitcoin ETF approval will be on the market is the days roll by, this approval have been waited for quite a while now and even though when the sec gave the green light the approvals is going to come in January 2024 many did not believe that and for sure it was a great news when I saw that thread some hours ago.

Just take a look at the news on check the thread to get more updates and I am sure that thread will be at the top of the board since the discussion will attract alot of attention since this is what we have being looking forward to see.

Whether ETF is approved or not, there will always be bitcoin. There has been Bitcoin before the ETF approval news came up. Even if the approval fails, the bitcoin price will just dip and still rise again because there is bull run. From all indications ETF will be approved and if not approved already.

@Wiwo, did you say that ETF bitcoin is approved already? Where is the thread or the link?

Wiwo

hero member

Activity: 1022

Merit: 667

Top Crypto Casino

Quote from: South Park on January 10, 2024, 05:10:55 PM

Quote from: mich on January 05, 2024, 05:08:20 AM

Well I hope you are not right about that. I think we are all waiting for the approval and think there will be big gains when this does happen.
New survey shows 88% of financial advisors expressed interest in acquiring BTC after approval. That is alot of money to come into the market.
https://www.fxstreet.com/cryptocurrencies/news/bitwise-survey-almost-90-of-financial-advisors-plan-to-buy-bitcoin-post-spot-btc-etf-approvals-202401042100

I expect a great deal of those advisors to take long positions on bitcoin way before an ETF approval, because if they were to really wait until the SEC gave the green light, by the time they bought the amount of bitcoin they needed the price would have gone up significantly already, and in fact it can be said that the current upward movement that started back at the end of October of the previous year can be attributed to the rumors of a bitcoin ETF approval being imminent.

The ETF approval was done today and you can read on some other threads in th bitcoin discussion board where the thread that announced the ETF approval was made and already in the news so let see what impacts the bitcoin ETF approval will be on the market is the days roll by, this approval have been waited for quite a while now and even though when the sec gave the green light the approvals is going to come in January 2024 many did not believe that and for sure it was a great news when I saw that thread some hours ago.

Just take a look at the news on check the thread to get more updates and I am sure that thread will be at the top of the board since the discussion will attract alot of attention since this is what we have being looking forward to see.

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: Last Unicorn on January 01, 2024, 03:14:52 PM

ETF will probably not approved yet, so BTC and the others crypto will go down !!

I heard it today at night from the man, who has that supposedly from a trusted source... Of course it is not guaranteed information, but why risk. When I sell the crypto and the news will confirmed, it will save me thousands, and if not, nothing happens, I just buy it back before the price rises. When I think about it, the more people will sell, the more the price drops, so even if the message will not confirmed, it could help too, because at the same price everyone would get more ...
Hope it will help to people...

PS:
I wanted to put it on Facebook, WhatsApp, Instagram and so on ... but I don't have my laptop with login info, so if someone could help and send that ...
It could help many people ...
Thanks and Bye

You should lock your thread as it is done and over.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: mich on January 05, 2024, 05:08:20 AM

Well I hope you are not right about that. I think we are all waiting for the approval and think there will be big gains when this does happen.
New survey shows 88% of financial advisors expressed interest in acquiring BTC after approval. That is alot of money to come into the market.
https://www.fxstreet.com/cryptocurrencies/news/bitwise-survey-almost-90-of-financial-advisors-plan-to-buy-bitcoin-post-spot-btc-etf-approvals-202401042100

I expect a great deal of those advisors to take long positions on bitcoin way before an ETF approval, because if they were to really wait until the SEC gave the green light, by the time they bought the amount of bitcoin they needed the price would have gone up significantly already, and in fact it can be said that the current upward movement that started back at the end of October of the previous year can be attributed to the rumors of a bitcoin ETF approval being imminent.

Fatunad

sr. member

Activity: 2226

Merit: 347

Quote from: kawetsriyanto on January 07, 2024, 04:57:34 PM

Quote from: adaseb on January 02, 2024, 12:53:00 AM

We are hearing rumors both ways. Some say it will be approved others say it will be rejected.

Exactly. As long as there is no official announcement from SEC, we will always hear rumors whether it will be approved or rejected. I think it is not so surprising why people too much focus on this case. People expect much on the good news from ETF in the near future, but I personally don't think it will be announced by SEC very soon. Even if they will announce it, I guess they won't claim to approve or reject it! They will postpone the decision. Grin

Quote from: adaseb on January 02, 2024, 12:53:00 AM

But if you look at the chart for the last few hours, we hit a new yearly high and we are still going up. Seems some news might of leaked and I think some people are trying to get in on the action before it’s approved officially and prices go even higher.

The price of Bitcoin looks quite stable, it just fluctuate around $43k -$44k. I think most people prefer to see & wait about the news from ETF. They won't try to speculate too much to do certain decisions now.

We did have recently that SEC account hack
Bitcoin ETF hopefuls still expect SEC approval despite social media hack
https://www.reuters.com/technology/bitcoin-etf-hopefuls-still-expect-sec-approval-despite-social-media-hack-2024-01-10/

We are indeed still hopeful that ETF would really be that approved despite with that recent issue that have surfaced out. Honestly, it was really that unexpected on which no one really have thought
that they would be able to play out with those kind of game or manipulation. Grin

They are just to wise on making use this ETF approval or event for them to milk out money. Yes, we cant really make out some conclusion that this is really that a
manipulation but the way it looks then it is really just that too pretty obvious.

Price and talking about events then im not sure that every news that would come out will really be that believable on which it could really be
giving out that kind of doubt.

kawetsriyanto

legendary

Activity: 2226

Merit: 1086

duelbits.com

Quote from: adaseb on January 02, 2024, 12:53:00 AM

We are hearing rumors both ways. Some say it will be approved others say it will be rejected.

Exactly. As long as there is no official announcement from SEC, we will always hear rumors whether it will be approved or rejected. I think it is not so surprising why people too much focus on this case. People expect much on the good news from ETF in the near future, but I personally don't think it will be announced by SEC very soon. Even if they will announce it, I guess they won't claim to approve or reject it! They will postpone the decision. Grin

Quote from: adaseb on January 02, 2024, 12:53:00 AM

But if you look at the chart for the last few hours, we hit a new yearly high and we are still going up. Seems some news might of leaked and I think some people are trying to get in on the action before it’s approved officially and prices go even higher.

The price of Bitcoin looks quite stable, it just fluctuate around $43k -$44k. I think most people prefer to see & wait about the news from ETF. They won't try to speculate too much to do certain decisions now.

EarnOnVictor

hero member

Activity: 826

Merit: 641

Leading Crypto Sports Betting & Casino Platform

Quote from: adaseb on January 02, 2024, 12:53:00 AM

We are hearing rumors both ways. Some say it will be approved others say it will be rejected.

But if you look at the chart for the last few hours, we hit a new yearly high and we are still going up. Seems some news might of leaked and I think some people are trying to get in on the action before it’s approved officially and prices go even higher.

It's obvious that you made the post before the sudden fall that caught people unaware last week, I am so sure that a lot of buy positions would have been liquidated by it. It happened unexpectedly and it is a result of the mixed position of the ETF approval and rejections where it eventually had more rejection views than the approval, which is why the market sold off sharply. Ever since then, Bitcoin has been moving in a tight range and has been below the much-anticipated $45,000 of the end of last year again. Staying below this level which is perceived to be a strong resistance level now is not a good call for the coin, however, the outcome of the ETF is still very important.

Holding below the level and the ETF is rejected can't be a good sign for Bitcoin as it may fall shortly to hit $40,000, and breaking below the level means more ill for the market. However, if the ETF is approved and Bitcoin moves higher than $45,000 and even close above the level, I don't think it would be long for it to hit the $50,000 psychological level or even breach the level high.

justdimin

hero member

Activity: 3164

Merit: 675

www.Crypto.Games: Multiple coins, multiple games

Quote from: Last Unicorn on January 01, 2024, 03:14:52 PM

ETF will probably not approved yet, so BTC and the others crypto will go down !!

I heard it today at night from the man, who has that supposedly from a trusted source... Of course it is not guaranteed information, but why risk. When I sell the crypto and the news will confirmed, it will save me thousands, and if not, nothing happens, I just buy it back before the price rises. When I think about it, the more people will sell, the more the price drops, so even if the message will not confirmed, it could help too, because at the same price everyone would get more ...
Hope it will help to people...

The prices has gone down, and I do not think that it is a long term one, I am sure that it is just a correction and the price will go up even more. I know that it is not that easy, but we should see this as a chance, and that means we are going to end up with a good return one way or another. I hope that we could make some profit by going higher, and that starts earlier, if we keep risking it, then we can't really make any big changes all that quickly, so we should be careful.

I believe that a 44k or so level would be good enough, it is not too high, it is not unrealistic and it gives people a hope that we are recovering anyway. That would allow people to have hope again, and they would feel easier about buying, and they would feel less likely to sell.

mich

legendary

Activity: 3122

Merit: 1032

#1 VIP Crypto Casino

Well I hope you are not right about that. I think we are all waiting for the approval and think there will be big gains when this does happen.
New survey shows 88% of financial advisors expressed interest in acquiring BTC after approval. That is alot of money to come into the market.
https://www.fxstreet.com/cryptocurrencies/news/bitwise-survey-almost-90-of-financial-advisors-plan-to-buy-bitcoin-post-spot-btc-etf-approvals-202401042100

milewilda

legendary

Activity: 3094

Merit: 1127

Quote from: ultrloa on January 04, 2024, 02:21:57 AM

Quote from: Last Unicorn on January 01, 2024, 03:14:52 PM

ETF will probably not approved yet, so BTC and the others crypto will go down !!

I heard it today at night from the man, who has that supposedly from a trusted source... Of course it is not guaranteed information, but why risk. When I sell the crypto and the news will confirmed, it will save me thousands, and if not, nothing happens, I just buy it back before the price rises. When I think about it, the more people will sell, the more the price drops, so even if the message will not confirmed, it could help too, because at the same price everyone would get more ...
Hope it will help to people...

PS:
I wanted to put it on Facebook, WhatsApp, Instagram and so on ... but I don't have my laptop with login info, so if someone could help and send that ...
It could help many people ...
Thanks and Bye

For sure majority of us are already prepared with certain things to happen with that ETF approval and if its denied then expect that the price would really drop since maybe there are lot of people will get dismayed for the result. But don't spread to much fear since it will not work here since a lot of people experience those past ETF rejection and this is not really a big deal to anyone especially for experience people. But if it happens that it gets denied again then be it there will be more ETF submissions will happen in future and for sure one of that will get approve then we see bitcoin hit another level of adoption since there's something like this exist already. For now there's nothing wrong to follow with latest update about this news and I think this is the best thing to do especially if we have balance to use for DCA.

I dont know if its true or not but it seems it didnt really give out such impact when it comes into its price. Yes, it did really make out some correction but not really that too deep.
We have witnessed and experienced decline percentage on the price on yesterday as far as i remember but eventually it did really make out some immediate recovery.

Here's some headlines that i have seen out.
The marketwide decline came after Matrixport published its analysis claiming that the U.S. Securities and Exchange Commission (SEC) will reject all the Bitcoin (BTC) exchange-traded fund (ETF) applications this month
https://crypto.news/why-is-crypto-down-today-matrixport-and-other-fud/

Dont know if this one is already final or really just that still rumors on which if this one would really be having that kind of delay or rejection.
Then we might be seeing another correction which might be able to touch up that 37-38k support but not really that going lower.

Topic: ETF will probably not approved yet, so BTC and the others crypto will go down !! (Read 526 times)