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Topic: U.S. SEC postponed ETF until end of September. Bitcoin start dump. - page 3. (Read 486 times)

newbie
Activity: 164
Merit: 0
Unfortunately, the price of Bitcoin has started to drop again. Many believes that this is due to the delay in listing and trading Bitcoin ETF by US securities and exchange Commission. It is delayed till September of this year. But I hope soon the price of Bitcoin will start rising again.
newbie
Activity: 144
Merit: 0
It was a shocker for bitcoin users as ETF postponed till end of September. As the approval will take a time bitcoin’s price is again falling down and investors are in tremendous fear of loss. If the approval is given in September then the price can up again.
jr. member
Activity: 266
Merit: 1
$200 Bitcoin may soon become a reality!

And soon pigs will fly  Grin Don't do that, your crystal ball is obviously broken and the tea leaves are misbehaving  Grin
hero member
Activity: 924
Merit: 506
Whatever CBNC fast money says, do the opposite and profit.

That's a good idea too, Don't buy the news but sell them with profit, I think this is exactly what they're doing, First spread the news, Second fool noobs into selling their bitcoins for cheap.
$200 Bitcoin may soon become a reality!
That would be great if we could see such prices again, I doubt it. If bitcoin price ever touches that low people would buy them all.
I think this news is not true. Hopefully SEC will approve ETF decision. we have to just keep faith on BTC and hold it. Hopefully the price of btc will rise again.
Read the news if you don't believe in this, We all know that bitcoin ETF always helps the price to pump, It doesn't matter if they approve it or not, The news is enough to pump the price. I think they know this by now that the news of ETF is good for the market and they are using such opportunities to profit from this volatility.
newbie
Activity: 266
Merit: 0
I think this news is not true. Hopefully SEC will approve ETF decision. we have to just keep faith on BTC and hold it. Hopefully the price of btc will rise again.
member
Activity: 136
Merit: 25
$200 Bitcoin may soon become a reality!
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
the only thing that ETF did for bitcoin so far has been more drama and a lot of disturbance in the market and the trend that bitcoin could have had naturally. as it was said before we were rising already when the ETF bullshit started and caused problems. I am sure that if they never talked about it or if SEC rejected it the first day we were already at $9000+ by now.

the funny thing is, the same thing happened last year too! we had the ETF hype which caused a lot of drama and price went up then SEC postponed it and it dropped and ... finally when they rejected it the price dropped and as the drama ended price started rising back up again normally and healthily.
jr. member
Activity: 294
Merit: 1
ETF hype made BTC market very influenced since last two weeks. BTC market dropped down because of this hype as well as market nature of volatility. I think, as everyone assumed it before, it will make a small impact and start to recover soon.
newbie
Activity: 65
Merit: 0
after the ETF "hype" nonsense bitcoin started having a small rise, it was never bullish. just as it is not bearish now that it has dropped from that rise. and it is not a "dump" this is just a market panic that was expected which has been the main reason why people haven't been buying bitcoin during that initial "hype" phase that i said. basically because they knew this would happen and newbies will panic for no reason.

Exactly!It was totally expected. Panic seller newbies make whales richer than ever.
hero member
Activity: 896
Merit: 500
Dolphins Finance TRUSTED FINANCE
ETF not the new things it always there and postponed since 2013. But bearish market is real and people still fear about bad news which always easy spread stronger than the good news. People have to patience and market too both need time to recover
sr. member
Activity: 868
Merit: 281
I believe the delays are the result of the SEC flexing its authority muscles and also shows its uncertainty over the safety and security of cryptocurrencies. Perhaps the U.S. will observe other countries before legitimizing bitcoin.
full member
Activity: 406
Merit: 101
Decentralized Digital Billboards
Few day's ago was a rumor about ETF approval will middle of August. Today Cointelegraph publish a news that ETF proposal postponed to end of September.  After this ETF news Bitcoin start downtrend again. After ETF proposal bitcoin was bullish. But recently due to postponed ETF btc run on bearish again . If ETF result become positive market will be bump instantly. Hope SEC will consider for approve of ETF application.
I think prices will rise again in a few weeks before the SEC announced the result of Bitcoin ETF because rumors about ETF approval are still alive, just need to be patient to prove the rumors, I hope it will come true
newbie
Activity: 97
Merit: 0
Whatever CBNC fast money says, do the opposite and profit.
full member
Activity: 350
Merit: 100
Few day's ago was a rumor about ETF approval will middle of August. Today Cointelegraph publish a news that ETF proposal postponed to end of September.  After this ETF news Bitcoin start downtrend again. After ETF proposal bitcoin was bullish. But recently due to postponed ETF btc run on bearish again . If ETF result become positive market will be bump instantly. Hope SEC will consider for approve of ETF application.
i think this id the last dump of the bitcoin because if you know that bitcoin and all cryptocurrency is all manipulated so they are the one that have a power to control this so if i am you buy this last chance opportunity until the value of bitcoin is too low.
legendary
Activity: 2758
Merit: 4074
The second news is correct, as a second postponement and so may follow this delay[1], it does not appear that this decision will happen this year.
Another problem was that the market was thirsty for positive news, so the ceiling was highly ambitious which made the price rise by $ 2000, now with sales going back to $ 5800 for short periods.
The rise of hopes as soon as any news emerges will reinforce fears in this currency due to the rapid fluctuations and hence the credibility of their acceptance.
Overall we seem to be settling at $ 6,000 for extended periods.

[1] https://www.sec.gov/rules/sro/cboebzx/2018/34-83792.pdf
hero member
Activity: 3234
Merit: 941
It's good news that the SEC postponed the bitcoin ETF decision.This might help for bitcoin to gain more support and get approved,even though I don't believe that it will happen.I don't care that much about the current price,I hodling btc for the next 6 months atleast.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
after the ETF "hype" nonsense bitcoin started having a small rise, it was never bullish. just as it is not bearish now that it has dropped from that rise. and it is not a "dump" this is just a market panic that was expected which has been the main reason why people haven't been buying bitcoin during that initial "hype" phase that i said. basically because they knew this would happen and newbies will panic for no reason.
legendary
Activity: 2436
Merit: 2228
Signature space for rent
Few day's ago was a rumor about ETF approval will middle of August. Today Cointelegraph publish a news that ETF proposal postponed to end of September.  After this ETF news Bitcoin start downtrend again. After ETF proposal bitcoin was bullish. But recently due to postponed ETF btc run on bearish again . If ETF result become positive market will be bump instantly. Hope SEC will consider for approve of ETF application.
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