Bitcoin Forum

I don't know, I think it's hopeless. They haven't taken etf before, so why should they change their mind now?

The chances of ETF getting approved looks slim. At the same time it will be better if we are not too hung up on this entire ETF situation linkage to BTC. Because bitcoin was running smoothly in the market all these years without ETF. So there seems to make no difference if ETF gets approved or not. We need to stop giving this matter unnecessary attention.

Yes, this will not have a big effect on bitcoin.
Now the bitcoin market has become stronger and has a lot of trust from the people.
But I also hope positive, so that the SEC can approve the ETF.

Recently I saw the update from leading crypto trader from YouTube and in that channel he rightly mentioned the bull run for bitcoin will start from mid October based time bound analysis. I think the bull run will start once VenEck ETF approves.

I don't think ETF will get approved by SEC they were just playing with the bitcoin prices and in the end they will look to dump the prices again so we don't have to care but about ETF's approval this can help us to stay away from their trap.

Pinning all hopes on the SEC is a wasted effort because they did not approve it in the past and there seems to be no difference to it now too.

Well, seeing the SEC's many rejections on this matter, I think many people think negatively. but we will not know the results. isn't this the same as the meeting of several countries yesterday? many thought that the results were negative, but, it turned out to be positive.

ETH will not be approved this time either, there seems to be a low chance of it. At the same time we need to stop giving it the attention. The market went fine without it, and it will run fine without it now too.

The SEC is not really considering any new applications, because they already came up with a good excuse to deny all applications. They do not want anyone to manipulate the Bitcoin price and this is what they are using as an excuse to deny all applications. So, until VanEck-SolidX or anyone else figure out how to prevent or to stop price manipulation, we will see the same excuse being used.

The only method to do this is to only use US exchanges to determine the price of the ETFs and no global exchanges.  :-\

Bitcoin ETF will not be approved but instead it will always be reviewed by SEC because it is their strategy to manipulate the market.

Do not set your hope too high for ETF and SEC. From what i read some way it will take SEC 250 days for them to finally admit any under-listed stock in their basket and this is a policy supported by the law. So in essence what i am saying is that they will be another postponement the earlier we can expect  ETC to be through with SEC  is around February  2019.

"Bitcoin seems to be rallying this month due to the high hopes associated with the SEC possibly agreeing with the pending ETFs."
Yes everyone is expecting that we would like to recover the bitcoin with eft approval soon.
Everyone wants to get into a joyful atmosphere as soon as possible from the chaos.

Investors are strategic in making any investment right now.but we hope to see positive change soon.

i participation because i want to have money.please help me ,thanks everybody

The whole truth abt this crypto business is how much information you have and ur knowledge on how to use the info to strategically position urself and meet up with the trending.

If ETF isn't approved then, I guess, it can give a temporarily impact to the bitcoin price. But I do believe as soon as people forget about it, the market will be back to normal again. But for now, let's hope for the best about the decision that will be taken.

From my point of view Bitcoin ETF is an over hyped thing. Because bitcoin done good before this thing so why do we need this thing now? But i think SEC should approve this thing.

They are just making it lengthy. These suspense is making the market more unstable. I hope that BTC ETF is going to approved this time and we will some better time in the market.

What will happen is this ETF is not going to be approved for BTC by SEC? I don't think that it will create any major impact. Maybe it will lower the value of Bitcoin but i think bitcoin will recover again.

 I don't think they will approve but at the end, eventually they will approve an application. So not need to worry a lot.

The SEC is becoming something else, if they want to approve this ETF, they should just go ahead with the approval and if they are not doing it now, they should give strong reasons for their decline. I just want this market to go smoothly with or without ETF.

I think that they will postpone it again. Some institutions are still creating their coin portfolios and they know that approving the ETFs would end the bear market. They will dfo what they can to make the bear market last until 2019 and the SEC can help them achieve it by approving CBOE in the last possible term which is March 2019.

we have once again entered a big manipulation stage where price is not normal anymore. i believe that there aren't that many speculators left in the market either. there is mostly bots and the  day trading whales trying to increase their wealth and accumulate as much bitcoin as they can at this stage.
luckily the bottom buy support at $6k has proven to be very strong and we have been shown time and time again that whenever that level is reached there is a big surge of buy orders indicating the investors existence on the side lines waiting for a clearer market before jumping in.

Are you kidding me? Postcards? It wouldn't make any sense to do that.

And as @pooya87, have said, price manipulation has took another turn. We all know that weak hands has left already specially newbie traders. However, I believed what's left is speculators and day traders who will jump in the minutes they saw potential to make profits. Whales will be whales, they are going to manipulate it whatever they can to serve their own purpose.

We might see another postponement though. So it this happens expects the price to go deep again. Better prepare and make the necessary adjustments, so you won't get disappointed if SEC delays or reject another Bitcoin ETF proposal.

I think it was too late. Because the SEC has declined Bitcoin in the past few weeks. They can not accept the way the market works and the way Crypto operates. so they can not join and protect us. That is a bad thing for investors like us.

i think hopeless

too fast too SEC pass ETF

but next year maybe it good time

most of crypto currency community members don't believe that SEC will approve ETF. Even I don't think that it will happen. i like it cos then there won't be any hesitation. price will go back to 3000 a stage where people will started to buy which means will see next bull run in this year.

Perhaps this will affect the cost of bitcoin a little, but I do not think it's worth waiting for a sharp increase in value. Although many experts argue that by 2020 the cost of bitcoin will not be less than $ 45,000

what's wrong with etf? why do many people say if etf is accepted then the price of bitcoin will rise??

+1 to you.

Needed all your views on this and I feel that this is way it is gonna be.

i'm not so sure about that. back in 2014 and 2015, the price slowly bled until weak hands capitulated in a high volume selloff at the bottom. this time around, we never saw a high volume capitulation (yet).

i think the weak hands are still with us. we'll see how it all plays out. :D


plan on it. the SEC spelled everything out---nothing is getting approved until the underlying market changes.

I think it's a good time to buy Bitcoin (https://coincodex.com/crypto/bitcoin/) right now due to the upcoming SEC ruling on 30th of September. In case it gets accepted it's gonna fly!

CoinCodex recently featured Bitcoin as #1 coin to watch this week due to the upcoming SEC ruling:

https://coincodex.com/article/2307/top-3-coins-to-watch-sep-9-sep-16-2018/

i think that quite possitive the ETF will approve, if this will happen, the price of altcoins will have fluctuations, and bitcoin will pump agian.
everyone now has trusted about bitcoin then they will see and hope this event success.

I agree. Why would they suddenly change their minds. In fact, time will show because it's hard to say anything.

I don't figure ETF will get endorsed by SEC they were simply playing with the bitcoin costs and at last they will hope to dump the costs again so we don't need to think yet about ETF's endorsement this can assist us with staying far from their trap.

the fact i don't what will happen if the ETF is not approve, the price of bitcoin will dump or something worse, but i hope and have a little positive that ETF will be approve, the price of bitcoin pump again and reach a good price than now.

I really hope they will grant it but honestly, I can't see that happening until we get some regulations first. However, this a good step forward to it.

I'm not sure if they'll approve on September 30, but in the long term there're chances it'll be approved. As we'll know three out of five on the board of sec are pro bitcoins enthusiasts, they'll make sure to find a way to approve them. In the last hearings they said they were not filed properly, also there is a sudden wave of interest and optimism that it'll be approved, let's hope for the best.

I think that they won't approve it. I'm almost certain that they will keep buying time and postpone the ruling.
They still have time and they will want to extend the verification period to make the potential bear market last longer. If there's a lobby group influencing the sec, they also want to buy more cheap coins before ETF gets approved.

Right now SEC announced that the ETF decision will be extended further by 60 days. And they are seeking opinions and comments on few questions on approval from the public. And they will review their decision by considering public comments and will announce the approval or denial in December.

I heard that the ETF announcement would be postponed again until February but I didn't know it was true or not because there was a lot of news about it. I hope the news of Bitcoin ETF will help prices rise and if approved it will help the price return to $10,000

The whole ETF situation is just trying to mess with holders in order to sell off easily while they get in to acquire more assets. They claim to want to public participation in deciding whether ETF should be accepted or not and so far over 1400 comments is in support of it (https://www.coindesk.com/sec-seeks-more-input-as-it-weighs-vaneck-solidx-bitcoin-etf/), yet the final decision is still with them to make. It's high time we got our minds off the event of SEC and ETF for now.

Its hard we will get positive news on 30th Sep, but lets keep our hopes alive, sending postcards will do nothing.

I believe that btc will get approved by SEC ,especially now big financial institutions are doing everything humanly possible to get btc etf approved.
They may delay it but cannot deny it for a longer time.
At a point ,they won't have any genuine reason to give the world for not approving btc etf.

I don't think it will make any difference! Rather I think the result will be the same. SEC will reject ETF bitcoin application, as they did every time! I have no hope for this SEC announcement. This is not helpful except disaster! I think we should avoid SEC things.

Everyone iin the cryptocurrency will be looking forward to this date. We all pray for it to be successful. We surely all know that anything positive for bitcoin is a plus for cryptocurrency. Let's hope the ETF is approved this time.

Prices will return to the 3000 level that people will start buying, which means seeing the next growth this year. Although many experts believe that by 2020 the cost of bitcoin will not be less than $ 45,000. Why do people say that if the etf is accepted then the bitcoin price will increase? I do not think the ETF will be SEC confirmed that they are simply playing at a bitcoin cost and they finally expect to pay back the cost so we do not need to think about the ETF endorsement. Actually I do not know what will happen if the ETF does not approve, the bitcoin price will fall or worse, but I hope and have a little positive that the ETF will be approved, the price of the bitcoin pump again and reached Be better off now.