This is temorary spike - page 4. | Bitcointalksearch.org

speedy1987

sr. member

Activity: 462

Merit: 250

Quote from: udayantha11 on August 28, 2018, 12:15:03 AM

As per experience i know , this is not long lasting. This will be surely break , if etf get postponed again surely this will go to the hell.

Do not spend all the money at this moment , because this may down reverse sure.

Whats your views

Market price is volatility. Everyone know market price will go up and down, so nothing will be permanent, But if we check last year chart, Bitcoin price will boom upcoming days. so dont take any conclusion by seeing just two and three-month price.

LuckyHarriet

newbie

Activity: 103

Merit: 0

If SEC reject etf again that will felt bad effect on crypto market price but it's not be cause damage. But if approve then huge revoulution could be occur with crypto in future. Wait and see what will happen.

lafter

newbie

Activity: 378

Merit: 0

I think that the current market is still in correction cannot be increased. I do not think we need the ETF, which is the cause of the market turmoil in the current period. Bitcoin prices are likely to grow in the long run, but at the end of the year they may rise sharply but in my opinion, we will have a long way to go back to the $ 20,000 mark once again.

miyaka26

full member

Activity: 476

Merit: 105

Quote from: udayantha11 on August 28, 2018, 09:48:40 PM

Quote from: Guard225 on August 28, 2018, 08:07:32 AM

Nobody needs an ETF, it's as much of a breakthrough as posting a newspaper online back when internet was invented.

yes no need of ETF. previous year also same. WITHOUT ETF skyrockt the Bitcoin to 20000.

Why they are hyping ETF this much that every single thread I saw mentions bitcoin ETF rejections and delay, we can't expect anything from it this year its either it will get rejected or the SEC will delay the decision for this request, there's so many good news aside from this hype and there would be an upcoming news and events that will greatly affect the price of crypto so we should not focus alone with this hype.

LateMoveR52

newbie

Activity: 112

Merit: 0

I am also agree with you. We need take some time to spend our money. It will be ideal to keep calm and relax.Thanks for the concern it will be helpful .

rsbriggs

full member

Activity: 427

Merit: 100

Quote from: cryptocooper57 on August 31, 2018, 08:57:58 AM

We really need to stop with all the fuss about ETF. The market was going well without it in the past and in the future it will make no difference either. Even if it does get rejected, we should not be so worried about it.

Yes, I also agree with you because as long as there is a very strong support for the coins and there is also high demand, then I think the ETF will really have no much effect on the market but I will still suggest that we should all take our time and not be in haste to sell any of our coin because the price is growing positively but watch the market till the bull run start before we sell any of our coin.

dhiraj0977

jr. member

Activity: 518

Merit: 1

Not sure what will happen, but ETF certainly has great affect on crypto market, and it is still delayed, market will really go to more red.

ghosong

full member

Activity: 364

Merit: 100

Quote from: udayantha11 on August 28, 2018, 12:15:03 AM

As per experience i know , this is not long lasting. This will be surely break , if etf get postponed again surely this will go to the hell.

Do not spend all the money at this moment , because this may down reverse sure.

Whats your views

Even though the ETF's decision will be postponed and the market has not recovered, I don't think cryptocurancy will become extinct, because I see a very large community and crypto have been able to get through difficult times like now, this is only temporary and impermanent.

TastyChillySauce00

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: GoldenShark on August 31, 2018, 12:10:20 PM

The entire ETF is beginning to end up an all the more desensitizing issue to crypto financial specialists, we got to 20k without an ETF man, and the crypto market and improvement proceed onward with or without an ETF.

But this ETF rumour and news somehow giving a little or more sentiment and is affecting the market, could consider this as one factor of that temporary price rising however it's right that ETF is actually too overrated when it comes to cryptocurrency.
Maybe people could just get over with it and just keep doing the same like december back then.

GoldenShark

newbie

Activity: 83

Merit: 0

The entire ETF is beginning to end up an all the more desensitizing issue to crypto financial specialists, we got to 20k without an ETF man, and the crypto market and improvement proceed onward with or without an ETF.

MoneyGuardian

newbie

Activity: 42

Merit: 0

All the spikes and slumps have been temporary so far in case of Bitcoin. So, according to your opinion, yes it's temporary. But, you don't really need to demoralize people now that the price have risen again. Let them decide if this is temporary or not. We can only wait and watch to see if your prediction is right or not.

popsywura

jr. member

Activity: 112

Merit: 1

It's right time we stop talking about ETF it doesn't have any effects on the movements of bitcoin. Take it or leave it If bitcoin holds $7,000 for the week, the bulls will jump back in.

electronicash

legendary

Activity: 3234

Merit: 1055

there are lots of tell tale signs that the ETF could be approved though. it doesn't matter whether its approved or not but its the crypto community that you have to consider whether they are open to this ETF. ETF being approved certainly makes this very different because taxes will be real by then also its like giving in to centralization. its not something that the rest of us want, least of all the whales.

CuriousGeorge

sr. member

Activity: 1498

Merit: 251

KUWA.ai

Quote from: udayantha11 on August 28, 2018, 09:48:40 PM

Quote from: Guard225 on August 28, 2018, 08:07:32 AM

Nobody needs an ETF, it's as much of a breakthrough as posting a newspaper online back when internet was invented.

yes no need of ETF. previous year also same. WITHOUT ETF skyrockt the Bitcoin to 20000.

So many people are still consider ETF as the important thing to the bitcoin until they are forgetting about the only important thing to support the US based exchange to provide the gateway to the US investors to join in the crypto. ETF is not everything and they are all forgetting about this one.

cryptocooper57

newbie

Activity: 392

Merit: 0

I honestly don't think people are really relying on ETF anymore. After the rejection of Winklevoss' ETF most of the investors have learnt their lessons and rejection of other ETFs are less likely to hurt the market right now. Just like the correction after the ETF rejection this bullish correction was also on the cards for a long time. Hope it lasts longer.

cryptoVinc5599

newbie

Activity: 240

Merit: 0

First of all, it will be better to hold the ETF approval for a bit right now. Secondly, we need to regain ourselves and think that the market was alright even before ETF, and it was running just fine

drants

jr. member

Activity: 210

Merit: 3

Quote from: udayantha11 on August 28, 2018, 12:15:03 AM

As per experience i know , this is not long lasting. This will be surely break , if etf get postponed again surely this will go to the hell.

Do not spend all the money at this moment , because this may down reverse sure.

Whats your views

you mean, we shouldn't spend our money because what's going on now kind of not lasting long? this tiny lift in the crypto? maybe it's just a strat of something bigger?

artaks

newbie

Activity: 264

Merit: 0

I think it is time get all worried about ETF’s rejection. This discussion regarding etf in this forum has been done so many times it is time to stop. Crypto will do better even without etf.

Silentsweeper785

newbie

Activity: 70

Merit: 0

We need to stop giving this attention to ETF. The market did run without it from 2009. So now, there seems to be no point in making a huge deal out of it. ETF is really nothing but a numbing issue right now. The market will be fine with or without it.

dumplingsandsushi

member

Activity: 476

Merit: 41

Nah, take a look at altcoin gains of the top 100 over the last 2 months.
There are very strong signs of people rushing to these coins and them recovering after drops.

Inevitably, the market will dip (it's not like it will keep in the green straight to btc being 20k).
But the dip won't last long.
BTC has proven that no one is willing to pay under 6k for it.
It did dip under 6k for a tiny bit but then sprung right back over 6k.
This really shows that we have seen the bottom.

From here to the end of the year, we can expect incremental pumps and then a full on bull rush towards the end of the year.
Right now is a fantastic time to buy, prices are cheap everywhere.
Sure you might be able to get a coin 4% cheaper next week, but overall that doesn't make a big difference.

Topic: This is temorary spike - page 4. (Read 600 times)