Topic: WHAT NEXT FOR BTC - page 4. (Read 1101 times)
the bitcoin has always come with different technological importance as the face of technology thrives. firstly was just a means of exchange and later the immutable ledger and now has become an avenue for the innovation of projects through the creation of projects on the blockchain space. i trust it will still come up with something new as the day goes
Its a sudden But regrettable News that the SEC has ones again rejected a Proposal Regarding BTC, this time by ETF. somehow i saw this comming especially after an earlier rejection of a Winklevloss ETF which proposed physical trading of BTC. The rejection reasons are the same old ones., Market Manipulation being one of the major. To me this is an expression of how badly the SEC wishes they could control BTC and as long as they dont have the control button, no proposal will ever go through. with the current red market situation, im certain that somehow, the decision is going to have negative effects on the BTC value. Which brings the concern of WHATS GONNA HAPPEN TO THE CRYPTO KING
Prices that are still not stable on Btc, this results in all proposals being submitted are not accepted, because people will think twice about receiving a proposal. Here we are talking about money and profits, seeing the current situation to get a profit is very small, so it is only natural that the proposal submitted is not accepted.
but don't worry, this is just news. we don't know the decision taken, hope everything will be good.
All we can do is hold on and wait. Bitcoin is a waiting game which is the same for your other investments. ETF is not the end and bitcoin still has it's potential one way or another.
Any decisions of serious organizations currently only postpone the date of recognition of bitcoin. At present, it is already a real means of payment. Possession of bitcoin is equated to possession of property by courts, because if this is not done, many corrupt officials will transfer funds to bitcoin and say that they have nothing.
I don't think you should panic like that. The SEC will sooner or later have to accept a bitcoin ETF bid because, they just can't resist progress.
I have my own view, bitcoin will still run even though etf does not want to do things together, bitcoin has proven, from nothing to what the world sees. that's a fact!
yeah, now people, inventor or everyone are waiting for the approval for ETF, it will help bitcoin go to pump up and get more price on coinmarket. if the ETF is not approved, i think bitcoin will lost so much price.
To me this is an expression of how badly the SEC wishes they could control BTC and as long as they dont have the control button, no proposal will ever go through.
People need to understand that we have many exchanges that are created without license and by people we do not even know, the crypto world still lacks a lot of regulation, would you trust an exchange like yobit for example? let's say you have a bank, the owner of yobit appears in your bank and want that your bank accepts that yobit open account in your bank and allow your customers to trade Fiat/cryptos. you as the owner of the bank, you will do a search about yobit before closing the business and see what you will find about yobit:
Yobit Scam withholding 10BTC
Would you allow your bank to do business with yobit? Obviously you would not allow it, so you can see that the SEC has already done research on the crypto market and already realized the huge irregularities that happen in the crypto market and the SEC wants to protect people.
I think they are just doing their job to make this market mature
I agree
Bitcoin was fine and will stay fine. If ETF would have been approved, then that would have been another plus point but not having etf doesn't make much difference. Bitcoin is not at all dependent on totally dependent on that. market will run as it runs. This is a bear market, soon market will recover and people will forget about this etf rejection. These kinds of small problems will keep on coming but they won't affect the market in long term.
I think they are just doing their job to make this market mature, granting them to be reviewed again is a positive sign that we will have more ETF's to be approve this year.However this will take some time but I'm still confident it will start rise dramatically before the end of the year.
Rejection for the ETF proposal have a little effect from bitcoin slow moving up
I still believe without ETF bitcoin future are strong by the of the Bitcoin ethusiasm
Last year bitcoin face from different kind of problem specially chine banning but they still alive and now china recognize again the cryptocurrency.
I still believe without ETF bitcoin future are strong by the of the Bitcoin ethusiasm
Last year bitcoin face from different kind of problem specially chine banning but they still alive and now china recognize again the cryptocurrency.
I don't think if there are next for bitcoin, but if am not mistaken there are nothing next to bitcoin but while it lasts it become more upgraded and upgraded and also I hope the price will stabilize and more people will feel comfortable to use it as a currency.
Bitcoin price has been seriously fluctuating in price for over four months now serious in depreciating on price value, which is not a permanent, soon BTC we go back to moon
The ETF was rejected and the market responded to it but it seems that it didnt affect bitcoin that much. I believe their would surely be some sort of good news that would spike up the cryptocurrency market and bitcoin would for sure rise in value overtime
Its a sudden But regrettable News that the SEC has ones again rejected a Proposal Regarding BTC, this time by ETF. somehow i saw this comming especially after an earlier rejection of a Winklevloss ETF which proposed physical trading of BTC. The rejection reasons are the same old ones., Market Manipulation being one of the major. To me this is an expression of how badly the SEC wishes they could control BTC and as long as they dont have the control button, no proposal will ever go through. with the current red market situation, im certain that somehow, the decision is going to have negative effects on the BTC value. Which brings the concern of WHATS GONNA HAPPEN TO THE CRYPTO KING
Yes ETF rejection will make btc won't reach new ATH this year probably.
But let's see, because crypto is full of surprice and lately USDT market cap is pumping and the whales is ready to buy some bags of btc
Bitcoin will develop and when not priced, the ETF will probably accept.
Its a sudden But regrettable News that the SEC has ones again rejected a Proposal Regarding BTC, this time by ETF. somehow i saw this comming especially after an earlier rejection of a Winklevloss ETF which proposed physical trading of BTC. The rejection reasons are the same old ones., Market Manipulation being one of the major. To me this is an expression of how badly the SEC wishes they could control BTC and as long as they dont have the control button, no proposal will ever go through. with the current red market situation, im certain that somehow, the decision is going to have negative effects on the BTC value. Which brings the concern of WHATS GONNA HAPPEN TO THE CRYPTO KING
bitcoin and cryptocurrency will continue the journey even without those ETF. Indeed bitcoin had already survive and reached as high as $20k without any regulations which is already a milestone in crypto. Maybe SEC had delaying that for other reason to make the price suffer then they will buy at lower price then later on they will approve that will reverse the situation of the market. If you believe in this technology then no need for any regulations or ETF. 
Its a sudden But regrettable News that the SEC has ones again rejected a Proposal Regarding BTC, this time by ETF. somehow i saw this comming especially after an earlier rejection of a Winklevloss ETF which proposed physical trading of BTC. The rejection reasons are the same old ones., Market Manipulation being one of the major. To me this is an expression of how badly the SEC wishes they could control BTC and as long as they dont have the control button, no proposal will ever go through. with the current red market situation, im certain that somehow, the decision is going to have negative effects on the BTC value. Which brings the concern of WHATS GONNA HAPPEN TO THE CRYPTO KING
the issue you say is true. But the making of this issue will trigger a fall in the price of bitcoin. Don't worry, man, in the next few months after the fall in the price of bitcoin, there will be another big injection of funds that makes bitcoin back to its original price
No matter what happens bitcoin will recover no matter what but i definitely know and sure that if bitcoin proposal is rejected is not a big problem.
Bitcoin's steady wait on the cryptocurrency market, thus making the next decision to keep the coin or sell it.
Jump to: