I say it can pull the price down momentarily, but not for long. Soon the price will push back up and we are going to the moon again. Once the restlessness settles and everyone realizes that it is not verified, then we can enjoy a very good price of bitcoin again.


https://bitkan.com/news/topic/25088

Before I sleep last night the price was just below 660, and now it is above 680. It even hit 690 at one point. It this a legit price increase or is it just a pump for the holiday? Why does bitcoin price seems to pump around this time of the year?

Aside from maybe the price going up, what advantage do you think will Bitcoin ETF going to give to bitcoin?

http://moneymorning.com/2016/10/21/winklevoss-bitcoin-etf-update-this-week-could-help-sec-approval/