what your opinion about this? | Bitcointalksearch.org

carlisle1

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Quote from: yusupjatigumilar on August 13, 2018, 08:50:32 AM

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

When will this noob and weak stops asking about why bitcoin drops prices ,this is happening for more than nine years or almost 10 years now and still don’t understand what this market is all about

Bitcoin is volatile and we cant change that so if you cannot afford to accept this constant changes then I believe you should leave this market

Brunus

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Rasputin Party Mansion

We continue to look for a logic that does not exist: while it is true that the moves of the various authorities can influence the market, for better or for worse, in fact the bitcoin movements are almost exclusively due to speculative maneuvers of the whales.

qumeijia

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Yeah I ever read that news, it is not only that reason. I read that U.S. Securities Exchanges Commission (SEC) was investigating how the ICO of bitcoin works and observing the market cap of bitcoin . It seems disturbing the stability of bitcoin price. We all are expecting that bitcoin will be back as last year and reach top value.

HSRP

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Quote from: Epimetheus on September 05, 2018, 12:06:26 PM

Different people have different opinions about today’s bitcoin market. Many people consider it is a bubble where as many people consider it is as a future currency. Bitcoin is mainly famous for its investment purposes. Because of its increasing price many people invest in it but because of its volatile nature some time they loss their money and consider it is as a bubble. In my opinion it is the future currency. It is accepted by many multimillion companies like Microsoft amazon etc which will help it to grow its market price in future.

The market has its strengths and weaknesses. The important thing is that we should know our finances. Choose the right way to participate and invest to reduce the risk. This is the crux of the matter to be smart and ask for help from the community.

Akmal9603

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I don't think this has a big enough effect, the volatile bitcoin price is not represented by one thing. there are still many other factors that influence the price of bitcoin at this time.

Andrej Peiboski

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Perhaps in the future it will be possible to find a logic in the movements of the crypts, and then to create instruments of analysis a little more reliable.
At the moment there are only heavy speculations, totally unpredictable unless you have confidential information.

Aiko23

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Quote from: yusupjatigumilar on August 13, 2018, 08:50:32 AM

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

I think ETFs don't have much effect, and indeed for a few days it has gone up a few dollars but not too much or back climbing, it might have happened at any time

Brunusmagnus

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Looking for a logic in the movements of the crypto is really a useless and frustrating exercise: today the bitcoin has lost in a moment more than 5%, and Ethereum even 15% !!!!!!
And this without any apparent reason.
Maybe it's less risky to play at the casino ...

Epimetheus

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Different people have different opinions about today’s bitcoin market. Many people consider it is a bubble where as many people consider it is as a future currency. Bitcoin is mainly famous for its investment purposes. Because of its increasing price many people invest in it but because of its volatile nature some time they loss their money and consider it is as a bubble. In my opinion it is the future currency. It is accepted by many multimillion companies like Microsoft amazon etc which will help it to grow its market price in future.

Hell-raiser

sr. member

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Quote from: prokerduit on September 05, 2018, 05:12:41 AM

Quote from: yusupjatigumilar on August 13, 2018, 08:50:32 AM

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

yes I also heard the issue. that is why the agency from America has not accepted or legalized BITCOIN. because if bitcoin is legalized it is likely that gold, silver and copper stocks will fall. but bitcoin will soar very high. and while the most people in Americans have stock in gold that is why BITCOIN has not been legalized

You seem to be heavily misinformed. Bitcoin is quite legal in the States. Exchanges like Poloniex, Bittrex, or Kraken as well as online wallets like Coinbase or Xapo are all US based, and they have no problems with the local laws (maybe just some minor legal issues). And no, being legalized there didn't lead to gold, silver and copper stocks fall. These commodities are where they have always been, more or less. Nothing has changed.

The question here is about declining the application for the creation of Bitcoin derivatives in the form of ETF's and trading these derivatives at relevant markets so that institutional investors could buy them "officially". And this is also rather a minor issue in the long and complicated history of Bitcoin.

prokerduit

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Quote from: yusupjatigumilar on August 13, 2018, 08:50:32 AM

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

yes I also heard the issue. that is why the agency from America has not accepted or legalized BITCOIN. because if bitcoin is legalized it is likely that gold, silver and copper stocks will fall. but bitcoin will soar very high. and while the most people in Americans have stock in gold that is why BITCOIN has not been legalized

daedalus8

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in my opinion this does not significantly affect the fall in bitcoin prices, but it has the effect of going up if they accept bitcoin

chocolah29

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Quote from: Indamuck on August 13, 2018, 11:29:03 AM

I don't think the ETF really matters that much. Bitcoin can survive just fine on its own with the support of our users. It already hit 20k without an ETF, this whole thing is over hyped in my opinion. For what it's worth, I believe it will be accepted and it was only delayed so big investors can enter in the market at a cheap price.

This whole ETF issue was just being use by people to create commotions in the community, yes some will panic sell while some take the opportunity to buy more. Though there's some that think ETF is needed for bitcoin to grow more and this is the key for adoption. First of, the pending application will just get postponed and this ETF issue will linger throughout the year.

Semosuchi Tesongrato

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We always look for strange correlations, but the reality is that the crypto move in an apparently random way (or, better, depending on the various speculations), so it is difficult to find some logic and - consequently - make predictions.

valentine401

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Quote from: Zurbuchen on August 23, 2018, 07:05:37 PM

The bitcoin market has been down for quite sometime is a normal thing
Somehow bitcoin price or value has been unstable due to bounty hunters, dumpers and panic seller and buyers. But lets all hope that tje value of bitcoin will increase this coming bullish season/ market. Lets all wait patiently and calmly.

It does not matter if bitcoins will go down for quite sometimes because in this way you can invest even more to earn a huge amount of profit when the market pumps up again.

Getcoinsite

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Quote from: yusupjatigumilar on August 13, 2018, 08:50:32 AM

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

Even without that stock exchange refusing ,bitcoin price will drop because of volatility and this is a normal rotation of prices,look whats the value now?isnt it going back to normak of $6,500 per bitcoin?so please stop making issue that will only provide negativity to all concerns as we are not helping the community instead making it drops more

Quote from: Zurbuchen on August 23, 2018, 07:05:37 PM

The bitcoin market has been down for quite sometime is a normal thing
Somehow bitcoin price or value has been unstable due to bounty hunters, dumpers and panic seller and buyers. But lets all hope that tje value of bitcoin will increase this coming bullish season/ market. Lets all wait patiently and calmly.

What about the bounty hunters?they have nothing to do with bitcoin price because all they're concern is alternative coins or tokens and not the top one crypto coin..but i agree on your stand about the normality of price unstableness and thats why cryptocurrency is a good source of profiteering for knowledgeable people

Zurbuchen

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The bitcoin market has been down for quite sometime is a normal thing
Somehow bitcoin price or value has been unstable due to bounty hunters, dumpers and panic seller and buyers. But lets all hope that tje value of bitcoin will increase this coming bullish season/ market. Lets all wait patiently and calmly.

InformerKin

newbie

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I stopped listening to all those rumors after some time. I believe Bitcoin will thrive and no SEC or anyone else wii change that. Just be patient people, great times ahead.

Andrej Peiboski

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I do not think there is any relationship.
The price of bitcoin is much more dependent on the speculation of whales than on the "natural" movements of the market, so it is difficult to find satisfactory explanations.

unusualfacts30

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Quote from: yusupjatigumilar on August 13, 2018, 08:50:32 AM

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

There are too many people involved who are trying to keep bitcoin price low. Perhaps they are thinking that people would eventually lose interest and that would bring the bitcoin price even lower. A lot of people were waiting on sec so their refusal could be the cause but not necessarily.

Topic: what your opinion about this? (Read 521 times)