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Topic: TODAY why is bitcoin decreased?? Winklevoss twins bitcoin ETF rejected by SEC (Read 284 times)

full member
Activity: 518
Merit: 106
I really don't care about the SEC or ETF because Bitcoin has been established without SEC and ETF.
SEC or ETF are only complementary and Bitcoin doesn't need them either. LOL
newbie
Activity: 840
Merit: 0
Bitcoin price staistics for the past few days have been going through higher lows and higher highs, which is indicating a downward climb of the prices anytime sooner. I actually saw this coming, the prices can't just rise higher all the time.Many people are hoping that even if the prices fall npw, it mightrise higher by the end of this yer. And as far as the rejection is concerned, Bitcoin has potential, and it will reach wherever it deserves to reach, such rejections can't affect Bitcoin anyway.      
newbie
Activity: 156
Merit: 0
Why a lot of people like to think that bitcoin is suffering because of the recent actions of the SEC, I would like to think otherwise. First off, bitcoin is known and has gained its popularity for the fact that it is one thing that cannot be controlled by the government, and I don't think that has to change now. So whatever is happening is happening because it is meant to, and not because of whatever it is that the SEC has going on.
newbie
Activity: 70
Merit: 0
Bitcoin is going down for few days continuously. Not approving ETF is become another reason. But in this market falling and rising price is a common scenerio. So nothing to worry. I hope it will be come back very soon.
full member
Activity: 476
Merit: 100
huhu TODAY why is bitcoin decreased?? do you think bitcoin will decrease down 6000$ Huh

Winklevoss twins bitcoin ETF rejected by SEC

https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html

You're right. Bitcoins are about to drop to $5,000. This is unbelievable at such a rapid rate. A bad news can cause such a big fluctuation.
newbie
Activity: 95
Merit: 0
BTC price is falling recently. Maybe the reason is not approving ETF by SEC. But I hope it will not be a strong issue, BTC will rise again in near future.
newbie
Activity: 68
Merit: 0
From my view the rejection by SEC initializes the bearish tread. It continues because lots of investors left the bitcoin market. I think it will continue until more investors enter the market.
newbie
Activity: 70
Merit: 0
I think bitcoin will go to 6k USD if these decrease rate continues. But i think there is a chance of bitcoin to be increased again exists, if lots of investments are done in a short time.
newbie
Activity: 67
Merit: 0
Bitcoin ETF rejected by SEC is one of the main reasons behind the price decrease of btc from my opinion. Maybe there are other reasons too.
newbie
Activity: 336
Merit: 0
Winklevoss getting rejected by the SEC has definitely cause Bitcoin to fall again but they will definitely come up with a better proposal next time. The recent decrease in price looks like a major correction to me. The next trend will definitely dictate the price of BTC, in future there are a lot of good news lined up, hopefully, they will have a positive effect on the market.
newbie
Activity: 89
Merit: 0
I think cryptocurrencies definitely don't need ETFs. This is just an excuse. If a good market really needs a big country game behind it.
newbie
Activity: 252
Merit: 0
The decrease in price was caused by some correction of the market where the recent ETF rejection played a big role in my opinion. However, there would be more hearings in the future and in recent studies, it was shown that Bitcoin mining is getting popular again which will definitely cause another rise in the price in the near future. Hopefully, we'll be ready for it from before.
jr. member
Activity: 56
Merit: 1
The slump shown by bitcoin is because of the recent ETF rejection, for the last few weeks the price rose above 8,000$ because of the hearing of the ETF which played a huge role behind the increased demand of BTC. Now, before hearing of CBOE, the community will definitely see another hype which will make BTC go high again. If ETF approval somehow gets through then we are definitely witnessing bull run.
newbie
Activity: 240
Merit: 0
The downfall of Bitcoin, was due to the recent rejection of ETF approval, but now before the hearing of CBOE, the community will see another rise and hype making BTC rise again, don't worry about it. The market is on the change phase, and if ETf approval does get through in future, there is no going down for BTC again, a high chance of a bull run.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
newbie
Activity: 261
Merit: 0
I think the demand of crypto currency has been decreased in the market. There are other reasons like rumors, negative word of mouth, banning by different governments and rejection of recent project by the SEC etc.
hero member
Activity: 924
Merit: 556
From a market and technical analysis view we are still in a normal correction. The increase that was starting quite accurate one year ago and ended in December 2017 was a excessive hype. The price decline is a good sign actually. We needed such a phase in order Bitcoin can surge again and, maybe sometime in the future, to achieve new record price marks.

I feel anxious, because perhaps many people like me, I loss quite a lot of his property.

Just out of curiosity, did you invest a significant amount of your money into Bitcoin when it was at the top some months ago?
jr. member
Activity: 238
Merit: 1
My advice is either to keep a long time, as I usually do, or resell, but you need to be able to do that. First, to disassemble the entire structure. Smiley Smiley Smiley Smiley Smiley
full member
Activity: 462
Merit: 100
BTC would either way decrease if it is not ready for the bull run, I so far never think bear market ends that's pure speculation mostly made by newbies every day  Smiley
hero member
Activity: 2688
Merit: 672
I don't request loans~
huhu TODAY why is bitcoin decreased?? do you think bitcoin will decrease down 6000$ Huh

Winklevoss twins bitcoin ETF rejected by SEC

https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html


It's nothing surprisingly happened if its value is decreasing because as we all known it is a part of it's system. The ups and downs movements are definitely normal things to happens. However, even now it's value is decreasing for sure in the next few days it will bounce again and performing much better that can cause of it's increasing value so stay tuned and be always alert and active to monitoring the market therefore we can be much aware in any movements it takes.
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