The SEC is simply manipulating the market with all this drama and hoopla. Them and their boys are piling in right now. Once their bags are full (hopefully in September) they all blast off. You know it's going to happen. Just need the right coins.
The SEC has continued to refuse 9 ETF applications and I have never waited for a good result from the SEC. And the SEC was just a shark trying to manipulate the crypto market. |
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if the business accept the circulation and payment by bitcoin. They will greatly increase the number of potential customers, and attract more customers around the world thanks to easier billing with bitcoin. Instead, fiat will be very limited.
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I think we should not be interested in ETFs. Because the bitcoin in 2017 has reached the price of 20k $ / 1btc. without the dependence or decision of the ETF. All is just news to create FUD to dump the bitcoin price down. but bitcoin will increase in the future. I believe in bitcoin.
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SEC reconsidered decision to deny Bitcoin ETF. I just saw this information, maybe they will review and accept Bitcoin ETF soon. Bitcoin will soon rise
You can give more information and link info. As far as I know, the SEC has rejected 9 bitcoin ETF applications on the 23rd. and that is the final decision. |
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I believe the future of bitcoin. Perhaps the bitcoin price this year is not really stable and hard to rebound. but in the distant future. Bitcoin will grow and more people are more interested and accepted. I believe in the future we will see a currency system called bitcon exists in parallel with fiat.
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I also know a lot of people bought bitcoin for $ 20k last year. And that is a sad thing. But if you do not sell the bitcoin then you have not lost anything yet. Everyone believes bitcoin will soon rise again. You will get your money back. In this moment of patience is essential.
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bitcoin is hard to replace fiat. Bitcoin needs internet to operate. And as I know many places in the world do not have access to the internet, many older people can not use smartphones smoothly (like my dad, my mother and my grandmother). It would be difficult if bitcoin replaced fiat.
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Investing in crypto and bitcoin brings a higher return on investment in gold, real estate, or securities. Bitcoin is also a place to store assets very safe. And if everyone thinks price of bitcoin in the future can be up to $ 50k. The profit will be huge.
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ICO is a model of capital mobilization not managed by the law. Besides, many newwbie enter the crypto market, they have no knowledge. The lead is very easy to be fooled by ICO scam projects.
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Gold represents the preciousness and the value of gold is very high. I still think bitcoin is digital gold because bitcoin is even more valuable than gold and its supply is less than gold. Bitcoin is exactly cryptocurrency but bitcoin can also store and invest as gold.
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Simply because bitcoin is decentralized, bitcoins are not government-created and they can't control bitcoin the way they did with fiat. So they don't accept bitcoin and legalize bitcoin. They think bitcoin will hurt them
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I still hope bitcoin will increase again in Q4 of this year as 2017. I totally trust and believe in bitcoin. I have never been disappointed with bitcoin despite the sharp declines in the market. But I believe everything will grow at the end of the year.
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if the whole world accepts bitcoin. and a total of 21 million bits will be rare for billions of people around the world. bitcoin will become scarce and everyone wants to own a bitcoin for themselves. This will increase the bitcoin price.
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May be blockchain and bitcoin will be outdated. but not now and a few years. Blockchain is only being developed and applied to the industry in recent years. And blockchain is a lot of stuff for us to apply and exploit. And bitcoin is gradually becoming more popular and people are very excited about bitcoin.
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I think after bitcoin, maybe ethereum. This is the big altcoin just behind the bitcoin. ETH has a large market capitalization, and the popularity of ETH in the crypto community is too great.
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There is nothing called for free. There are many ways to earn a bitcoin and you can earn bitcoin through the quest, becoming a bounty hunter, without having to invest or buy bitcoin.
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Crypto is only for investors who are patient enough and knowledgeable enough. Crypto is a place where you can make a lot of money but the higher the profit, the higher the risk. One successful investor is one who must accept risks and take risks in this environment.
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It is not cowardice but personal view of each investor. I think they have their own strategy. and some may be due to limited capital, so they have to calculate the exact amount when deciding.
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When the market goes down, the best strategy is to be patient and hold all, do not rush to panic selling now. The market will recover in the future. And select the potential altcoin that can be bought when the market is red and hold long.
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