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Topic: GAME OVER for Bitcoin? - page 2. (Read 431 times)

sr. member
Activity: 882
Merit: 251
August 12, 2018, 09:06:07 PM
#55
As it is widely accepted in other parts of the world  we should understand that it is not a game over .it is just the credibility of it should be maintained.and it would be made possible by the growing number of newbies.
It is not game over for bitcoin a lot of things could happen this year. A lot of things causes for downfall of price even with this Etf approval but does not mean game over for bitcoin. Were still have the months to judge the bitcoin status this year.
member
Activity: 132
Merit: 10
August 12, 2018, 07:24:56 PM
#54
this is just a little downside, i do not see a reason to call it like something like that, all what we need is just to be patient enough to see another rise, nothing more.
member
Activity: 179
Merit: 10
August 12, 2018, 05:58:22 PM
#53
As it is widely accepted in other parts of the world  we should understand that it is not a game over .it is just the credibility of it should be maintained.and it would be made possible by the growing number of newbies.
legendary
Activity: 1526
Merit: 1179
August 12, 2018, 05:35:36 PM
#52
For myself I'm certain that the SEC will pass a Bitcoin ETF in the long run. Bitcoin markets are steadily maturing, and mainstream finance is knocking at the door. Mass adoption is so close yet so far. And remember that more than 75% of the volume of bitcoin trading occurs outside the U.S.
The SEC will only approve an ETF once the volumes of exchanges regulated within the US are the dominant force in Bitcoin's market, which isn't the case right now and probably won't be for a very long period of time.

Asia is dominating everything from exchanges not willing to comply with US laws. I strongly believe that an Asian ETF is far more likely to be approved in the coming year or two than one to be approved by the SEC.

And then still, even if the largest Asian exchanges become fully compliant, we don't know if the SEC will come up with other excuses to not let an ETF come through. They could easily step up their game to block an ETF approval.
sr. member
Activity: 756
Merit: 259
August 12, 2018, 05:03:10 PM
#51
It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

2 weeks delay on the 8 months bear market is not that terrible. Especially, for such market as crypto, surely it takes time to think how this market will be regulated.
member
Activity: 124
Merit: 10
Start your Own Cryptocurrency Exchange
August 12, 2018, 03:52:56 PM
#50
Why would it be over? the market is just suffering by a lot, but it does not mean that everything is lost and we all are going to lsoe everything, just wait to see what is gonna happen
jr. member
Activity: 30
Merit: 37
August 12, 2018, 02:31:15 PM
#49
YES, GAME OVER!!!

GAME IS OVER for those who decide to sell their bitcoin because they are affected and panic when bitcoin falls. They will regret and cry after the price of bitcoin rises again, then, they hope their bitcoin will come back, But, GAME IS OVER !!!  Cool
sr. member
Activity: 805
Merit: 250
August 12, 2018, 12:57:12 PM
#48
Even we think negative about bitcoin situation but I've never seen ending story about it. Isn't the first time we've been experiencing just like this,  in fact every year it happens and it turning back again and again. It is just sad that this year we are experiencing a lot of dips rather than of pumps and some individuals never stop moaning for this.  Hope they will realize and accept the reality about crypto life.
sr. member
Activity: 779
Merit: 250
August 12, 2018, 11:39:48 AM
#47
It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

Although bitcoin price has down quite a lot and is losing investor trust, but I find the current price is still quite high compared to many years ago, after a period of hot growth, price reduction is inevitable. Of course, I still believe in the future of bitcoin


In my own opinion, those people or investors who lost trust in bitcoins are naive because the market price is based on supply and demand so obviously the market price will always change drastically and they should take advantage of the time when the market price is dropping in order to earn more profit when the market pumps up again.
sr. member
Activity: 518
Merit: 250
August 12, 2018, 10:44:19 AM
#46
For myself I'm certain that the SEC will pass a Bitcoin ETF in the long run. Bitcoin markets are steadily maturing, and mainstream finance is knocking at the door. Mass adoption is so close yet so far. And remember that more than 75% of the volume of bitcoin trading occurs outside the U.S.
member
Activity: 336
Merit: 29
August 12, 2018, 07:52:35 AM
#45
It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

Although bitcoin price has down quite a lot and is losing investor trust, but I find the current price is still quite high compared to many years ago, after a period of hot growth, price reduction is inevitable. Of course, I still believe in the future of bitcoin
jr. member
Activity: 98
Merit: 3
August 12, 2018, 06:52:05 AM
#44
I strongly agree on the things you say, more vacuum to invest until there is clarity to bitcoin. ETF delayed, is very influential on the development of prices for bitcoin.

Bitcoin "Game Over" is real.
hero member
Activity: 2842
Merit: 772
August 12, 2018, 06:03:06 AM
#43
We recently had a situation where the SEC had a decision on the ETF ahead of us, so the bitcoin went up. Now when the appointment was postponed to a late date, the price went down. Bitcoin has survived all bad news and restrictions, state regulation, hack exchanges, and so on. Bitcoin did not fall on his knees, but he still lives and his growth is unstoppable. Bitcoin is slowly growing up, and it's only a matter of time when other institutions will join that will want to hold or trade with this crypto. Companies like CBOE and CME are trying to create an environment that will be safe for institutional investors. My opinion is unambiguous - GAME OVER is not done.

I'm not sure about that statement though. Sure, when they entered the market, price goes off and went to the moon because it almost touches $20K. And after that we wen't on a sudden downturn which led me to believed that they have something to do with the price declining.

But as far as bitcoin, I don't see think that its Game Over. Might be struggling and a lot of investors doesn't want to risk and pour their cash which means the bears will continue to dominate this market. But it doesn't mean we are all doomed or finished. A long road to recovery but we can always start small steps and hope one day that we can finally regain the trust of the people and that they're going to pump the market again.
jr. member
Activity: 268
Merit: 1
August 12, 2018, 05:52:08 AM
#42
We recently had a situation where the SEC had a decision on the ETF ahead of us, so the bitcoin went up. Now when the appointment was postponed to a late date, the price went down. Bitcoin has survived all bad news and restrictions, state regulation, hack exchanges, and so on. Bitcoin did not fall on his knees, but he still lives and his growth is unstoppable. Bitcoin is slowly growing up, and it's only a matter of time when other institutions will join that will want to hold or trade with this crypto. Companies like CBOE and CME are trying to create an environment that will be safe for institutional investors. My opinion is unambiguous - GAME OVER is not done.
legendary
Activity: 2240
Merit: 1069
August 12, 2018, 02:01:58 AM
#41
Bitcoin ETF has been denied in the past and yet bitcoin is still here. There might be more etf denial or rejection in the future but I do not think it will end bitcoin. ETF is not the deciding factor. Those who believe it will end bitcoin is only here for instant profit and do not have any fundamental knowledge about bitcoin or the technology behind it.
hero member
Activity: 1582
Merit: 523
August 11, 2018, 06:25:01 PM
#40
Bitcoin price continues declining but I don't think it is game over. Their is a lot of things can happen this upcoming months that may surprise the users. We all know price is always volatile although it is really disappointing the continues fall of price I still hope bitcoin could recover this coming days.
sr. member
Activity: 518
Merit: 250
August 11, 2018, 05:32:34 PM
#39
Yes I believe it is game over for anyone looking for a quick profit, but for bitcoin itself the future is great. The charts show that it is on a long term trend upwards and the ETF will make the line steeper. If you're looking for immediate gains then switch to altcoins and try to get lucky

Exactly! Well said!
full member
Activity: 728
Merit: 103
August 11, 2018, 12:33:44 PM
#38
Yes I believe it is game over for anyone looking for a quick profit, but for bitcoin itself the future is great. The charts show that it is on a long term trend upwards and the ETF will make the line steeper. If you're looking for immediate gains then switch to altcoins and try to get lucky
member
Activity: 462
Merit: 14
August 11, 2018, 12:31:27 PM
#37
Whenever there is a decline in BTC price people use to speculate that BTC is dead and it will be vanished from market soon. BTC is the King of market. It is the property of BTC that it test the patience of investors. Don't worry and have faith of BTC, hope it will be rocking soon and will set a new price record.
copper member
Activity: 497
Merit: 0
August 11, 2018, 12:27:52 PM
#36
No, I don't think bitcoin is game over, I just think of this as a time to take a break from the game. I still believe bitcoin will be able to bounce back and provide benefits.
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