Bitcoin Skyrocket soon launches! Fasten your seatbelts!

[Moiyah]

This news will somehow contribute to the price hike soon of bitcoin. We just have to wait for the bull run if SEC approved ETF. Good news will surely affect the market and give positive impact to it.

[samcrypto]

This news will somehow contribute to the price hike soon of bitcoin. We just have to wait for the bull run if SEC approved ETF. Good news will surely affect the market and give positive impact to it.

Exactly, this kind of news is what I'm looking for. This can really pump the market, and I know SEC decsions will in favor to us. The market will grow again, more good news will come, more big investors and those hodlers who believe during the bad times will enjoy this market again and this is worth trusting for.

[pooya87]

On the other, this might be the nail in the coffin for Bitcoin as a currency. If everyone's investing through ETFs, no one will be trading actual Bitcoins.

the keyword is "everyone" which is never going to happen. in fact majority of people want to hold what they buy (by hold i mean have in their possession not hodl and never sell) which means they will always buy bitcoin directly and move it to their wallets to have 100% full control.
using ETFs you would be using a third party and that's not bitcoin anymore.

Yeah that's right. I don't think a lot of people are trading btc to usd directly since most trade alts to btc so i don't think that'll be much of an issue for majority of traders. It probably will make btc's value a little less volatile.

you say "thats right" then make a contradictory statement?!!!
people ARE making traders with fiat meaning BTC to USD back which is why i said ETFs won't have the big effects people are anticipating from them. and trading altcoins with bitcoin has absolutely nothing to do with the discussion here.

[JACKSW4G]

 I would like it to be came true. And many of signs all over the world are telling that it could be, so just in case I would put my belt on, lol. Who knows for sure what would be happening.

[valentine401]

On the other, this might be the nail in the coffin for Bitcoin as a currency. If everyone's investing through ETFs, no one will be trading actual Bitcoins.

the keyword is "everyone" which is never going to happen. in fact majority of people want to hold what they buy (by hold i mean have in their possession not hodl and never sell) which means they will always buy bitcoin directly and move it to their wallets to have 100% full control.
using ETFs you would be using a third party and that's not bitcoin anymore.

Yeah that's right. I don't think a lot of people are trading btc to usd directly since most trade alts to btc so i don't think that'll be much of an issue for majority of traders. It probably will make btc's value a little less volatile.

In my own opinion, the market price will increase even more just like what happened last year, the volatility of the market will make the price of bitcoins to skyrocket again before the year ends.

[sindikat]

This news will somehow contribute to the price hike soon of bitcoin. We just have to wait for the bull run if SEC approved ETF. Good news will surely affect the market and give positive impact to it.

Exactly, this kind of news is what I'm looking for. This can really pump the market, and I know SEC decsions will in favor to us. The market will grow again, more good news will come, more big investors and those hodlers who believe during the bad times will enjoy this market again and this is worth trusting for.

Why does everyone want to see that the price of bitcoin is constantly growing? Don't you understand that it doesn't happen? It seems to me that bitcoin would have received more confidence if the price was stable. I think that you need to concentrate on earning bitcoins and then you will not be important its price.

[XinXan]

Purely based on technical analysis bitcoin is bullish right now, even if it's only short term. The recent double bottom and follow through of the bulls confirms this. If we can break 6800 and 7000 in the next leg up, bulls can be really confident that we are in fact entering a bullish uptrend again. Time will tell.

[target]

Last time was denied. Now that the price has gone up maybe they will now consider but still don't get your hopes up too much. AS disappointing as it may sound, it can also be denied later on. But if it happen, would they also approve the rest too? I hope to be alive still when finally one day ETH and some other tokens are going to be considered securities.

[buwaytress]

Nothing new, buddy. Just update on news, following older news continuing older threads under files marked by media as "For cycling". Come back in a couple of years after another market decline and you'll see just the same headlines.

Besides, I haven't unstrapped from this ride. Well and truly strapped in by my seatbelts way in early 2017! Aren't you enjoying it? I am.

[cellard]

Big leg up right now, we can be on $7000 at this pace pretty soon. The ETF news are definitely very bullish. At some point they stopped being effective because all of these "wow, an ETF is coming" news always got shut down by the SEC, but the SEC right now seems to be seeking to get it done for real this time. Im looking forward to see the price skyrocket with an ETF in the market for all the computer illiterates to get some exposure to Bitcoin, I can see new ATH's pretty easily.

As of for now, we need to get past $10k, and go from there.

[felixesteban]

Similarly, there are a lot of price predicts which says skyrocketing takes place. But for some reason we always see price movements in the opposite direction. That's why I don't take them very seriously. I think the upward trend will start if news stops that negatively affect prices.

[Nahl]

they says soon and soon means can be anytime but currently people will always be attempt to find good news related to bitcoin price because they expect from those news bitcoin price will skyrocket but in the fact skyrocket still delayed and the price seems stuck and difficult to rise up but i always be glad to see optimistic acts from people who believe bitcoin will back on the right track

[jseverson]

the keyword is "everyone" which is never going to happen. in fact majority of people want to hold what they buy (by hold i mean have in their possession not hodl and never sell) which means they will always buy bitcoin directly and move it to their wallets to have 100% full control.
using ETFs you would be using a third party and that's not bitcoin anymore.

I didn't mean that literally, of course. I was under the assumption that Bitcoin ETFs would be the key to the market taking off. If this were the case, then it's ultimately meaningless from a utility standpoint because adoption would technically be unaffected and the vast majority of money in the market would be there for investment rather than utility (which is also the case right now sadly lmao).

...or that's just my stand on the matter anyway. Only time will tell. Sorry for the late response, been busy irl.

[The Sceptical Chymist]

Meh.  Maybe I'll put my seatbelt on because things may end up crashing down, but I don't think this is moon-rocket news by any means.  The ETFs are nothing new, and I'm not sure how much of an impact they're having.  I'd think that bitcoin futures & whatever other derivatives can be created would have more of an impact on the actual price of bitcoin--kind of like the precious metals market.

[YuginKadoya]

If there are positive stories such as this, There will be negative ones that will try to lure down the price even more, I don't really want to give any FUD or what so ever but the fact that it can happen is there, Even though they are making assumptions because of this news, That we can see the price to start to skyrocket there are possible interruptions whether there are negative ones like FUD, Banks that are Against Cryptocurrrency, Even the manipulation can be another threat, I am just saying that there are many barriers regarding the bull run this year and we need to check all possible things that can stop this, So we can also say that there will be no pump this year!