Bitcoin Forum

Previous year also we faced a good bull run with out ETF. ETF not related to bull run. but panic people there so if ETF rejects by the sec or postponed they sell their portfolio for even loss.

So i believe  normal market circle and bull run can be expected in next months.

what about your opinions ?

I do not think you are right . You still did not get idea about what bitcoin means . If bitcoin goes up then all coins are following him

I think we need no ETF for a good bull run. What is ETF anyway? A banking instrument. Something built like a ghost-like fabrication on top of real assets to suck up real value from ignorant people. Who will benefit from ETF? Only the fund managers who want to take advantage of illiterate investors who don't want to bother with learning the technical details of bitcoin. Only people who want someone else to take care of their money. No we don't need ETF at all.

If btc grows very sharply, then alts can start to fall sharply in price, I have observed this many times

I think that, Yes ! ETF of course will give a good boost to growth but without it bitcoin will cope with all the difficulties !

Don't hit everything evenly, just say 'trends' because there are several altcoins that continue to decline even though Bitcoin has risen skyrocketing. The word trends is much more professional, when bitcoin's trends rises automatically all altcoins will follow the bitcoin trends.

I also regularly see this happens, as bitcoin prices increase all altcoin are bleeding and fall down very deep. Altcoin only increased when the price of BTC stable and sideway

Yes, we can. We dont need ETF to have another bull run, or any centralized services, like they imply these days about goldman sachs quiting on crypto plans. We dont need any of that. Besides if anyone wants it there will be Bakkt service. Bitcoin will be stronger and bigger in the coming years.

for sure manipulators will use ETF rejection to dump the market even more from the current level. ETF are not going to approve if the manipulator don't stop manipulating the market

People are much focus on the news over the internet now, that is why we are having difficulty in seeing BTC price to go high.
just a single bad news will give us fall, But the real thing we need is the demand from the people.
Panic makes us struggle, if we will just be like last year with too much holding and giving big demands we can see new ATH.

I am sure that can happen, because for now the ETF is the last chance to make a huge bull run.

Of course a bull run can happen, we just need the manipulators to stop what they are doing and let the market grow. They just want to accumulate more by making people selling their crypto assets for cheap prices.

Previously no ETF, the market still flourished. The main problem is that the investor mentality, good legal mechanisms to market healthy grows. With the present instability, the market has not yet been able to develop

I think without ETF there will not be a good movement. We are not as low as before.

Experts believe that bitcoin bull run is more likely to happen with or without ETF. Bitcoin bulls are preparing for a huge. Bitcoin holders already accepted that SEC won't accept the ETF. Series of rallies on the bitcoin's price would be a good indicator that the market is building momentum for the huge bull run.

yes, and even in a small fluctuation and normal news around the internet about the circumstances of market they're are always frightened, especially if it's about down trend which is even just a prediction and have no specific theology people nowadays always going crazy and dumping even have losses. Common reason also why market growth rate nowadays always experience sudden hard fall.

I believe the ETF can approval can will spike a dramatic bull run. However, should ETF don't get approved, am expectant that we are still going to see a bull run before year end, if history was to repeat itself. Whichever way it goes, I keep my eyes on the candles.

Same with your opinion.. Last year we came from a bull run with a rejection from etf proposals as well.

So if the same thing will come and go for this year, we may expect a bull run without any help of these etf proposals. Just give it up, this is an individual market that can survive.

Crypto can reach a new ATH again without EFT Approval. since ETF is never the main problem. first we have to get a solution for energy consumption of mining.It is the biggest Problem which Crypto going to face.

       Most of the time Bitcoin still dominating the price of cryptocurrencies and there are times that BTC  will have a short  bull run but some altcoin will not follow , only few alt  have also follow the price increase , so it seems all altcoin was depending on BTC , but I think if there is really an altcoin which is very strong and promising , maybe this will make a bull run without Bitcoin.

This etf of is thing is just been over hype and causing a lot of confusion, it might ends up been negative effects at the ends but makes a bull run along with it.

I'm not sure that news from ETF can have a big impact on the price.More fundamental shifts, such as regulation and adoption of the crypt, are needed to make it grow again.

Many bitcoin holder afraid about the SEC decision with bitcoin ETF and many are already let bitcoin because of this. But if SEC approve bitcoin then it's make bitcoin more energetic for bull run but it's decline it's not impossible for bitcoin to bull run.

The thing is that we're lacking the trigger that can start the bull run. Last year it was hype, dumb money kept pumping the market because the general public discoverd something that could potentially earn you profits. As of now, we don't have that, and we probabably won't see it again, people already have an idea of what to expect from this market (volatility, fluctuation, a massive crash, etc) once they invest in a certain coin.

Certainly, we don't need the ETF, we've been doing fine without an ETF for years, in fact, if the SEC rejects or delays the next etf, we could actually see a rebound in the prices as the market doesn't care about such things (as seen a few weeks ago when some etf where rejected and price shoot up).

We could still see some upward movements towards the end of the year if the bulls trigger a big increase in the price out of nowhere, but it won't be as massive as the last one, thus it would be difficult to call it a bull run. We might see one of those in a few years, and I believe the trigger will be adoption, once adoptions goes full mainstream, we could actually see another bull run as people will be crazy to jump into the crypto bandwagon again.

That's not big matter if SEC decline bitcoin etf. Bitcoin have the ability to doing better without etf and bitcoin already prove that in the last of the 2017.

ETF associating much but after all, a bull run can expect in near future. Most of the analyzer predicting so that before the end of this year its price will soar up. Still i expect.

EFT is just a new set of huge news that could actually make a new bull run and a new hype that could let some huge people inside the community and market.

I think btc is undervalued at the moment especially when we consider the increasing mining difficulty the current value of btc is not profitable for regions with comparatively high electricity costs, i think 10k is realistic btc value and i expect next big bull season to take the price to atleast 30k level.

I think ETF is not a mandatory criterion to start the days of the bulls. Although people associate these circumstances!

As you said 2017 Bull Run is just happen without the ETF, so it is possible also that with or without ETF the Bull run will happen again! But in my deep insight about the current "Market Condition" the Bull run has very small chance to happen again this year. Since the old and new investors are affected by the recent events and they are cautious now. FUD and Negative news is the main reason why this kind of market condition still remain this particular period of the Year! we can expect more Bearish Market up to the last quarter that's only my opinion and I'm not and Expert regarding this field.

I think providing ETF will make a great bull run and after that, the market finally starts to grow up, but if there won`t be ETF - I think recovering will start later.

ETF is just one reason market manipulators make prices go down, It does not matter for the growth of Crypto. In 2017 the ETF was denied but nobody paid attention to it and the market went to the moon shortly thereafter. And in 2018, market manipulators are finding all kinds of ways to keep prices down and ETFs are a great reason to do so.

There are possibilities that there will be no run this year may be next time I guess, Because when you see the run of the news and the view on the market today it's hopeless. there is no good news either. so what would you think will gonna happen? a sudden bitcoin fork? i hope that too.

I think, it is, "If bitcoin goes up, some coins may follow. But if bitcoin goes down, most, if not all, of the other coins will follow." The saddest reality is, bitcoin continues to go down and does not seem to give hints of going up.

Not sure about that, remember when it has been growing a lot last year. So many people (speculators have been used ETF news as selling point) Remember there were 2 more ETFs need to be announced by SEC and i think both will have the same destiny like all rejected ETF application. Bull will have happened in the next year.

I think the main reason of market not going up is due to all of them are expecting the same way of market reaction of last year and everyone is prepared to sell off their investment, then who are going to buy in high price. Last time same thing happened when it was not crossing $1000 mark and it was tested so many times and got failure and after when it started most of them sold it below $2000 to $5000 price and then it went more up. So i think this year also we wont see any price high movement. ETF is certainly not a reason of market movement but it is just a fud created by the fudders.

Yeah i agree with you,  if etf did not appear this year maybe we will now heading to a bull run with the steady flowing of volume. As you can see a lot of investor wait and want to see the sec decision about etf. If this favor btc then it's good but if not then maybe we will see another fullback.

it is not really related to the bull run. the reason for the bull run before is because of many fork that happen last year, which increase the demand and crypto become known because of that. but this year, its different.

ETF is probably not a catalyst for bull run. yes, once approved we can see a recovery in market but it will definitely not cause a bull run. People have been misguided on the importance of etf approval.

ETF still postponed, i think with or without ETF crypto market will do a bull run this year, maybe on december or before.
Crypto movement is so unpredictable

I think if ETH is approved, people will trust more in the cryptocurrency market. And cryptocurrency will have a good chance to growth up and become more popular, stable sooner

Yes, ETF approval will increase common people's trust in cryptocurrency and thus it will be a positive development for the crypto market. However, it needs to be seen if it can cause a potential bull run if approved.

The op never undermined this point. He just said that we don't need ETF approval for the market to get bullish again. And I don't see how he can be wrong. What the market needs is people who trust in its future, not some institutions accepting it and causing another wave on newbies pushing their money in and out agressively.
And I am not sure you are right about alts following btc. When it's going down, they are going down even more, because people start getting their money out of altcoins and pushing everything into fiat or btc. But when bitcoin is rising, some time is needed for people to try investing in altcoins. And then the more they invest, the less altcoin market becomes depends on bitcoin.

ETF is just used to make people panic and to make weak hands sell. Of course, a bull run can happen without ETF and it will maybe before the start of the new year or with the beginning of the new year no one knows.

What's the normal market cycle? I wouldn't say last year bullrun is a "normal market cycle". For such a huge bull run, there must be a huge fundamental force behind it, not just some random market cycle. You may be forget that Bitcoin had it first futures listed in conventional exchange by the end of last year. That was what driving the price to $20,000.

So no, there won't be another bull run without any major things happened. If Bitcoin ETF is not approved, there will be another months long bear market this year.

We could have a bull market even without the approval of the bitcoin ETF by SEC, we hit 20000$ early this year without any ETF proposals, just ordinary people taking interests in bitcoins and making an investment out of it. We just need a repeat of it but on an much more gradual organic growth,away from manipulations

IMO, the absence of ETF does not affect the huge bull run, the market will continue to recover, and growth including SEC will reject Bitcoin. But that is the future because now the exchange rates of BTC and ETH are falling rapidly, especially ETH. So you should wait until the exchange rate rises again at the end of the year, I'm sure it will happen.

It seems like SEC would reject the ETF of bitcoin and there is a high chance that a bull run of price may occur in the market. users of different coins should not be panicked and hold their coin and wait for the price to rise.

this is complicated and confusing, why is everyone waiting for the decision of the ETF? when the market wants to get up and stabilize, the SEC issues a statement and is then postponed, this is repeated many times. does crypto have to depend on them?

The sad part though is that they can postponed the decision again to next month just to make the price dip even further. This could all be just a fun ride for the traders who has tons of money to invest while those who has nothing will be left selling their tokens in disappointment. I guess blockchain still can be corrupted when government gets in.

Bitcoin showed many bull run when ETF wasn't with it but this time if SEC decline bitcoin ETF it should be felt bad effects on it. And it's will seems like obstacle for bitcoin for a bull run.

Why does it seem to me that this is exactly what will happen. We will all wait for a decision on September 30, and they will transfer it, which will plunge the market into an even greater decline. And only then the growth may begin.

There are many factors that affect the attractiveness and value of Bitcoin and altcoin. Important still is the community to use!
Bitcoin and altcoin are attractive investments! But consider carefully before deciding!

Most all these coins can’t die because it goes against the very principal of blockchain technology and decentralization in the first place. Irrelevancy as a risk yes. These coins/tokens will exist forever as long as there is a single copy of the blockchain anywhere.

Are you a newbie? Since I joined the cryptocurrency, every bitcoin skyrocketed, and other cryptocurrencies will change with the price change of Bitcoin. I think the price that affects the entire cryptocurrency is bitcoin.

With ETF approval or not bull run will happen, there wasn't ETF in place last when we saw the last bull run in market, market growth doesn't depend on ETF approval.

Market revival, one day I feel that it is not dependent on ETFs, the market rises because it is natural that like that, it has been sinking for months and certainly we must be patient to see the market rise again

As i can see on the movement of the markets, every time bitcoin rise, most altcoin will also rise a little, but when bitcoin price drop most altcoin will drop rapidly.
I think the affect of bitcoin to altcoin is really high.

I think that the importance of an ETF is being overplayed and it is the latest hot topic being used to pull the prices around. Having a Bitcoin ETF will not necessarily mean more crypto investment it is more likely to just be used for a tool to gamble on price changes without any actual Bitcoins being bought and stored.

It is worth looking forward to, if the ETH review is passed, the market will definitely improve. ;D

We don't need this fucking ETF approval to get on the bull as no one actually cares if the next proposal gets rejected again, apart from fudsters and newbies who fall victim to them. But if one of the applications finally gets approved all of a sudden, what would that lead to? There'll be a lot of buzz and noise, and the whole market sentiment is going to change right then, which is now quite bearish. Though the chances for approval are really low. Bitcoin should first become "mainstream" to get accepted by the establishment. And then there'll be no more issues with ETF's and such problems.

it's too early to say, but ETF would help enormously in bringing new investors to the market, that's why it's so important, equally any other positive news can help establish a new bull run, but honestly, I don't think we are going to have one this year.

ETF just attracts so many speculators and that will be so bad. We don't need it but those big party in the crypto just try to apply ETF to the SEC in so many times because they know about the possibility for them to get a lot of money from US investors. We don't this kind of shit and i agree about your statement dude.

I think that you are wrong. We don't need ETFs to realize the bull market. I think Bitcoin is very important. Many coin prices fluctuate with the rise and fall of Bitcoin. In the past, when there was no ETF, the encryption market was the same. Healthy and thriving, so your point of view is wrong, I don't agree

We should be able to enter a serious bull without ETF but it is rather unfortunate that now everyone is looking at ETF to break lose the market.Well let us hope and see if perhaps there is ETF then we shall enter into the bull run soon but without etf,it is quite dicey and no one can really really be confident about this.

Without it or with it bullran will be 100%. It`s only a matter of time. And news are shit, learn TA

Yes, ETF is important but it's not a must for the growth of Crypto market. People are exaggerating the importance of ETH I think. Media is writing as if ETF is a breaking point for BTC. No it's not.
There can be a huge bull run without ETF as well.

I think Yes, crypto market does not need ETF for bull run (however, if having ETF, im sure that it will be pumping dramatically). As you told, BTC could be pumped strongly without ETF last year. In this year, many young traders join in and most of them only trades via news. When they read the "bad news", they sell that leading the panic sell as you can see.

everyone is scared, hoping that the ETF will be accepted and can create a bull run. what if not accepted? everyone will panic and the market will collapse again. they will continue to do this, consideration, acceptance or not and the decision is postponed. this incident keeps repeating, what is the real purpose?

remember, bitcoin has long been born and several times has reached a bull run, without SEC or even with its ETF products. very annoying.

Sorry, do you trade personally? And learn TA? What TA tell you for today situation? Fifty-fifty?  :D Manipulation for crypto is so strong that any TA is shadow only for fundamental or info reasons. With TA we can predict some resistance or support. But without date

I think ETFs also affect BTC prices, since there is a rejection of BTC, prices are getting lower, but when there are news of BTC proposals against ETFs, prices go up, so if the ETF receives BTC, then the BTC price and all crypto assets will explode .. booom

I don't think we should expect bull run this 2018 ETF also affect the price of bitcoin this 2018 let and say that market should just come back to normal.

For huge bull run need coming to the cryptos big amount of real moneys.
How many variants you see for current situation, i dont see no one.

If SEC really rejects the ETF of bitcoin then the bull run of the price may start and price of bitcoin and coins and other coins may get high. So I would like to advise the users of different coins not to panic if SEC rejects ETF of bitcoin.

I think we now ETF will give a big push up or almost kill the entire market, but I believe that will be a major new money in the market and all worthy projects will go up.

The big players are certainly waiting for approval. I have been waiting for this year for a year. I hope now he will appear

In fact, the ETF has shorted the cryptocurrency, and perhaps now they want the dollar to rise. Do not want cryptocurrencies to distract the influence of the dollar. But I think the impact of ETFs on cryptocurrencies is only temporary.

I think crypto still can be hit huge bull, but the chance is small, ETF is a must if crypto want more money to circulated on the platform, investor need to feeling safe before they decide to investing their money

previous bull run is due to tonnes of crypto emerges out of nowhere. end up all become shitcoin, market hit new low every few weeks. next bull run requires something much more substantial. then the market can be more stable.

i just dont know if next coming months maybe bull is hiding from whales hand. ELF i think is a big signal to all category when it approved by this year.. it surely a massive buying with almost crypto market.

It would be better if Bitcoin gets the SEC approval it will be a big kick for Bitcoin and other cryptocurrency as well, I agree with your asessment  that we do not have ETF last year and we had a great year last year, but people and investors wants to see huge changes and development in cryptocurrency and ETF is a big start.

This month last week we may expect next bill for the SEC commission.
I am not sure this is official bill but I got this information from someone who have replied me in this forum.

If we people give the bump more by avoiding the whale's manipulation means we may expect the reach like 10k or even more.

Yes the bull market can occur without ETF, because last year the bull market occurred without interference from ETF. the refusal of ETF will be used by some people in manipulating prices, they just want to accumulate more by getting people to sell their crypto assets at low prices, then buy in large quantities from below and prices bounce back up, then they laugh and will come back next year with a more brilliant idea.

bitcoin ETF is financial tool. The stability of prices in the cryptocurrency market and the massive adoption of crypto should be primarily influenced by the development of blockchain projects and the increase in the value of these projects in the most diverse areas of our life (medicine, real estate, finance, etc.)

There was no ETF last year bitcoin did very well and btc reached its ATH a new ATH is feasible without ETF the fate of bitcoin doesn't resk on ETF approval.

The last growth was provided by the money of ordinary people. Now they are scared, they will not bring their money into the crypto currency in the near future. Most likely, future growth will begin thanks to institutional investors and it will begin with the approval of ETF

That was the case only for the first couple of times, when traders actually panicked, for a little while. Then they couldn't care less as it quickly became a non-event. It is as clear as day that there is little chance that ETF will get approved any time soon in the foreseeable future. The rejection is what people already expect by default, and they can't be scared by it. They would rather be scared out of their pants if it suddenly gets approved.

Definitely we don't need ETF for a bull run. Bitcoin can easily climb back up to 8,500$ mark which was the highest peak Bitcoin reached this year. But, we ourselves are getting dependant on the ETF approval due to speculations. ETF proposal will only cause big investors to join the market nothing more, nothing less. So, small investors like us should not care about what happens with ETF or the speculations.

I think it`s possible, but if ETF will be not approved it will take more time to huge bull run. I think ETF will turn situation better quickly.

The ETF could have been unrelated to the bull market. If no one has mentioned it from beginning to end, perhaps this year can continue the enthusiasm of last year. But when it was revealed, everyone looked forward to it. The greater the expectation, the greater the disappointment.

If things like that make you more happy then continue the imagination but I'm sure without ETFs Bitcoin will continue to stand.
A small supply and a lot of people buy, the price will go up.

I think that almost all the news is used to manipulate the market, and it will be always, if not news about ETF, then something else.

You are right, last year there was a rise in prices without any decision of the SEC, and now I think that this decision is given a great importance. However, we must agree that the market situation is likely to improve after a positive adoption of the ETF.

Exchange traded funds are not what cryptocurrencies need for massive adoption.
ETFs will bring more money (smart money) to crypto market, but still will not help with real use of cryptocurrencies.

I think yes if big markets like China and India cancel ban then i sure we will see big bull run afther that but in long term anyway we see bull and green in market.

I think without ETF it will be very difficult to start the bull market because many institutional players and big investors are waiting for this decision. Without that BTC will cost 6500-700 as now.

We need Bitcoin ETF to be approved so the demand of the Bitcoin will be increase, just like Gold that was approved by SEC , the price was going up and all the times high. But although denied, there are others factor that will make Bitcoin bull run like lighting network and  inflation of fiat.

I haven't seen the arrival of the bull market so far, and I have no hope for this year's bull market. I only hope that this year will slowly rise. This is the market situation we need. Only after slowly rising will it be possible for us to see the bull market next year.

I am sure that this event will give a very strong impetus to the crypto market. The market is waiting for this news. I think that a positive decision will be made this year. But it is very difficult to predict anything in this situation ..

look at this one:
https://www.turtlebc.com/tools/buy_percentage?period=3years

it's interesting to see how bitcoin is struggling for this whole year, would any type of news really be enough to go up a level (and establish a higher low)?
maybe it's okay and even good if we don't get a new bullrun and simply let it grow naturally for once.

I think Bitcoin ETFs are pure manipulations and the Bakkt launch will be the real reason for the new big bull-run. I hope the new huge bull run will begin in November-December 2018 or in early 2019.

Bull Teren will come to the market in any case, even if there is an ETF will not be gifted, but if it is approved the growth will start faster.

I also think as you. When we see previous market charts we can understand crypto market have done great job even with several ETF rejections. So I don't know why people always think for start next market cycle ETF as the most important fact. We just have to wait. I think waiting and studying about market is the the best thing have to now.

I think ETF is not such a significant action for the entire cryptocurrency market. Any information that legalized cryptocurrency can blow up the market.

I think if it will be a bull run, it would be the last one, as people who bought tokens during last year bull run will sell them during this.
Everyone will treat crypto as speculation thing, where you can earn during bull runs. I also think that ETF deals nothing with bull run, it is just a market

I believe Etf will play a major role in aiding the bull market without Etf I don't think there will be a major bull run without Etf being approved

I think people don't believe in crypto now. But if ETH will be accepted we will see a huge price for all coins. I hope that it will happen after short time.

If it is a development update, then surely if it was good, we can expect a good bull run. But for now, whats holding of bitcoin price steady, is the pending approval of the ETF. If the decision of it was live already, we can expect a bull run or a bearish run.

It is possible that ETFs will not help us, and will only worsen the situation. Last year we grew so well, but the panic in the market have forced all to sell yourself in the negative. This is where I think it will be the same and the alarmists will begin to sell all of their coins for peanuts and then start to scream that cryptocurrency is a fraud.

It seems to me that we will not grow this year, so you need to prepare for the essay market in 2019

There should be some reason no matter how small it is to change the wide market sentiment. Market runs on sentiments. This prolonged bear market has made the sentiment negative. The traders will need some push. The crytpo market is so small that a small news even a FUD can change the market for a while. But for a complete trend reversal we will need volume which ETF could only bring.

if the time has arrived, there is or without ETF I believe the market will still be bull run. so in my opinion even though ETFs are now agreed to as such there isn't much help.

Recently, the market has not responded so strongly with news. If ETF is approved, that is the good opportunity to push the market recover more fastly. IF not, I think it is just affected for a short time

I think the ETF is a huge waste of time and it will not do anything positive for crypto in the slightest. Much better we move on and forget about any interference from the Wall St buffoons and create our own market going forward. A bull phase can happily begin when people see the overinflated stock market for what it really is.

yes agree with you what we need now is ETF to restore investor confidence. without that maybe a bull run will happen in the near future.

All I can see from the will they/won't they situation with the ETF is a tool to manipulate the price of Bitcoin up and down around each possible accept of an ETF. So far it seems the regulatrs don't want one so it is better to put the idea away and go back to a naturally occuring market. I think we begin to see a bull phase in the first quarter of 2019.