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Author Topic: Why isn't anyone taking about this? This is bullish news!  (Read 130 times)
Wind_FURY (OP)
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February 07, 2018, 04:43:41 AM
 #1

This is the testimony before congress on the topic of cryptocurrency.

https://www.youtube.com/watch?v=CcM7FkgLQe8&feature=youtu.be

They key statement made by the CFTC head is "the potential seems extraordinary". I hope this will make the SEC create a fair and a proper set of regulations that will make it easier and encourage common people to hold Bitcoin.

The bans in Asia, I believe, are misguided and shortsighted.

Plus there's a new meme in town.  Kiss



Good luck to us all.

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February 07, 2018, 04:47:13 AM
 #2

Youre absolutely right, its definitely bullish, maybe thats why the market had some recovery lately. but the market is going to recover within a few weeks i think, this is a big correction but i can see a big bounce back
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February 07, 2018, 04:49:38 AM
 #3

News already came out that the parties involved in the hearing were going to be bullish even before the hearing happened. That's my understanding, at least. I saw the news piece on reddit like a day or two ago.

But yeah, this is awesome. I know nothing's set in stone yet but it's nice seeing where these guys stand. I hope this creates a precedent for other countries to follow.

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February 07, 2018, 05:05:49 AM
 #4

News already came out that the parties involved in the hearing were going to be bullish even before the hearing happened. That's my understanding, at least. I saw the news piece on reddit like a day or two ago.

But yeah, this is awesome. I know nothing's set in stone yet but it's nice seeing where these guys stand. I hope this creates a precedent for other countries to follow.

Yes exactly! This has been out a day or two ago but no one in this part if the forum is talking about it? All I see are moronic spam threads like these, https://bitcointalk.org/index.php?topic=2894999.0


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February 07, 2018, 05:22:55 AM
 #5

That's a really good news indeed.

Sadly in downtrend periods, people tends to ignore good news and keep only bad news. But that's the same thing on uptrend periods, bad news are ignored.

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carlisle1
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February 07, 2018, 05:30:02 AM
 #6

Youre absolutely right, its definitely bullish, maybe thats why the market had some recovery lately. but the market is going to recover within a few weeks i think, this is a big correction but i can see a big bounce back
it may bullish but in somehow helps the market recover a little,this so called positive news gives holders chance to survive...but do we really have to make this new an issue?when this makes the market green for now?well for me ever if this bullish or not,the important is what this bring to us.
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February 07, 2018, 05:38:50 AM
 #7

Most discussions is on altcoins and new ICO, Over time people dont bother themselves with bitcoin hate news, It is quite distracting and disturbing most especially from the television media. The news on CNN and bloomberg is not encouraging and have not tune to them lately but if there is any good news like am seeing here it is worth spreading to get the community healthy again.

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February 07, 2018, 05:42:11 AM
 #8

I've just read that news this morning. That is absolutely a good thing for the crypto market. Hopefully, BTC will be rising up continuously.
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February 07, 2018, 05:44:47 AM
 #9

This is the testimony before congress on the topic of cryptocurrency.

https://www.youtube.com/watch?v=CcM7FkgLQe8&feature=youtu.be

They key statement made by the CFTC head is "the potential seems extraordinary". I hope this will make the SEC create a fair and a proper set of regulations that will make it easier and encourage common people to hold Bitcoin.

The bans in Asia, I believe, are misguided and shortsighted.

Plus there's a new meme in town.  Kiss



Good luck to us all.

The professional strong hand traders wants fear to shake out the noobs in the market and also wanted the coin to go below the stronngest support to hit the stoplosses set by everyone.. those who are a real hodler should never consider stoploss in crypto because this is a very short period of time frame for hodling coin.. so when the stop losses are trigered they are literally eating those coins for the next bull run

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February 07, 2018, 05:46:36 AM
 #10

The news was good and could be the reason why everything is in the green today. But I think the market will take at 4 weeks to 8 weeks to recover before coins reach their ath again, regardless if there's more bullish news. It's going to take time.

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February 07, 2018, 05:54:43 AM
 #11

I see that more spammers are reading this thread. Hahaha.

Then please also read this thread and learn something, https://bitcointalk.org/index.php?topic=2895083.0

I promise you that the knowledge you learn from it will also be good for all of you. You people want more money, right? Then learn and spread the right information. It will help Bitcoin's value grow, and that means more money in your pockets. Wink

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February 07, 2018, 05:57:38 AM
 #12

After the these same people causing fear to drive prices down so they could buy it huge, they are now doing damage control to resurrect the hope we have in crypt so they can reap the benefit. I understand now that bitcoin price is artificial.

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February 07, 2018, 06:14:19 AM
 #13

Previously news like this would have pushed the price upwards, but there are so much negative news to counter balance this. The Chinese and Asian news caused a wave of negativity and the SEC's bullish news are just a ripple in the lake. I think the combined affect of all the negative news, caused a perfect storm in the Bitcoin community.

Let's just Hodl up and ride out the storm. The Sun will shine again and the upside will be that we will have loads of cheap coins to sell.

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February 08, 2018, 06:05:47 AM
 #14

Previously news like this would have pushed the price upwards, but there are so much negative news to counter balance this. The Chinese and Asian news caused a wave of negativity and the SEC's bullish news are just a ripple in the lake. I think the combined affect of all the negative news, caused a perfect storm in the Bitcoin community.

Let's just Hodl up and ride out the storm. The Sun will shine again and the upside will be that we will have loads of cheap coins to sell.

The traders are doing what they are supposed to, take profits. Who said that the market can move up in a straight line, especially something as volatile as Bitcoin?

I might sound like a Bitcoin permabull cheer leader, but this is nothing but a dip in my opinion.

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