U.S. SEC postponed ETF until end of September. Bitcoin start dump.

[bloodyvio]

Few day's ago was a rumor about ETF approval will middle of August. Today Cointelegraph publish a news that ETF proposal postponed to end of September.  After this ETF news Bitcoin start downtrend again. After ETF proposal bitcoin was bullish. But recently due to postponed ETF btc run on bearish again . If ETF result become positive market will be bump instantly. Hope SEC will consider for approve of ETF application.

i hope so
with the approval of the ETF proposal, it will attract new investors
it's great for bitcoin adoption
because ETF removes barriers for investors who don't want to bother with the technical problems of bitcoin

[montgolfier]

But it is not all about the dump or what is going to happenb with bitcoin, the truth in here is that bitcoin is going to be aproved without any exception, sooenr or later

[Mix_Fix]

I really don't understand why people so worry about ETF. Market is full of positive news, but ETF is price killer... After quick hype we always see "dumps" because of panic investors.

[RomanPetrush]

What if that will continues until the 2019 year? For sure that could happen. And what if SEC is a main price manipulator on the market?

[Waitingforlightning]

I really don't understand why people so worry about ETF. Market is full of positive news, but ETF is price killer... After quick hype we always see "dumps" because of panic investors.

the etf would allow every investor to get into crypto in a regulated way. This is huge for the credibility of cryptocurrency in general. If we don't get a positive answer here, the total market will remain in hybernation for months, maybe even years.

[saruxanyan]

the transfer of this event to September was very bad for the whole crypto market! but I think that in September they will take a positive decision, and we will again sleep in the bull market and everything will again turn green around!

[TelolettOm]

Down this trend will indeed be very affected especially during delays such as last year which led to rejection. Hopefully at the end of September the decision can be accepted and we will find out that prices will increase

[cheezcarls]

Few day's ago was a rumor about ETF approval will middle of August. Today Cointelegraph publish a news that ETF proposal postponed to end of September.  After this ETF news Bitcoin start downtrend again. After ETF proposal bitcoin was bullish. But recently due to postponed ETF btc run on bearish again . If ETF result become positive market will be bump instantly. Hope SEC will consider for approve of ETF application.

Just think of today like a special offer promo for those who would like to buy Bitcoin. In other words, it is what we call the FUD sale. To be honest, I just don’t care about the price anymore. I would rather look forward to the bright future of the world’s first digital currency. Cheers!

[marn6767]

it is already a troublesome process to postpone this decision. This is when the market falls or the investor invests in the market. I hope the decision will be positive soon and we will all win together.

[walemil]

The postponement of the  ETF proposal to end of September did not really cause much of a drop in price of Bitcoin. The bearish move wasn't any different from the ones we have witnessed in the past. The impact we hope to see will be quite clear after the bitcoin ETF has been approved. 

[nsasuiteb]

It will ultimately be positive but I don't think that will happen in september so we will probably see a long painful bear trend.

[gabmen]

It will ultimately be positive but I don't think that will happen in september so we will probably see a long painful bear trend.

Well i don't see any reason why it will be denied or postponed again to a later time but yeah, in the long run it will contribute a lot to btc and crypto's growth and mass adoption. Well if it does get moved again or denied, then prepare for new bottoms lol

[alexgreen2018]

The sec etf approval news made btc jump 20-30 % but once it was postponed bitcoin went down even more. We need to be clear that etf approval is not the only thing that will make btc rally.

[ivannalog814]

The verdict will be delivered tomorrow ! I read in one of the sources.

[betty12]

I think all this ETF buzz is an avenue to manipulate price and put fear in weak minds. One thing is certain, this ETF will continue to cause price speculations which am okay with but it will finally be approve. When will this come to materialization is what I can't tell.

[Waitingforlightning]

I think all this ETF buzz is an avenue to manipulate price and put fear in weak minds. One thing is certain, this ETF will continue to cause price speculations which am okay with but it will finally be approve. When will this come to materialization is what I can't tell.

What needs to happen is people need to stop talking about it, because there are tons of options that are almost just as good as an ETF, plus global altcoin adoption will matter a lot more than bitcoin getting an ETF. As far as most people and businesses are concerned, blockchain is still not a viable option for usage or investments. This needs to change, a bitcoin ETF will not change that faulty mindset

[ribowo76]

Apparently, the ETF's approval by the SEC greatly affected the increase in bitcoin prices. But for some reason, the SEC seemed to be too stalling about it