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Author Topic: Why Bitcoin Will Hit New Highs - ETF Date August 10th  (Read 1803 times)
lephuqui
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July 28, 2018, 11:27:30 PM
 #21

We have Bitcoin testing its bottom for the third time, Coinbase adding Custody, South Korea flipping for the 10th time allowing and regulating cryptocurrencies, and the $4 billion dollar EOS raise finally finishing its Ethereum dump on the marketplace. Bitcoin’s next run will go further and happen quicker than people realize.

In the news, we have Europe’s largest trader of exchange-traded funds is moving into crypto and the CBOE applying for a Bitcoin ETF again. August 10th is the date to watch for the approval or disapproval of the ETF. Even if it gets rejected like the other times, it will provide clarity as to what is needed to approve one.

We discuss the latest news and give our insights as a mix of traders from firms such as JP Morgan. Give the latest episode a listen!
It will be difficult to predict what will happen next. If the ETF is approved the market will reverse. Otherwise it would be really bad.
Anyway, I hope the ETF will approve it, with the dull market from the beginning of the year to now it will be a new blow for the market.
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July 29, 2018, 03:34:41 AM
 #22

What will happen now after SEC rejects ETF?
i have read the news that SEC rejected the propose ETF for BITCOIN! what will be the next step for this?
i was expecting for another milestone but someone stopped the progress again.
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July 29, 2018, 03:38:45 AM
 #23

What will happen now after SEC rejects ETF?
i have read the news that SEC rejected the propose ETF for BITCOIN! what will be the next step for this?
i was expecting for another milestone but someone stopped the progress again.

Can you post the link where sec rejects ETF ? As far as I know it just fud and SEC havent rejects ETF yet .please post your source.

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July 29, 2018, 09:03:22 AM
 #24

What will happen now after SEC rejects ETF?
i have read the news that SEC rejected the propose ETF for BITCOIN! what will be the next step for this?
i was expecting for another milestone but someone stopped the progress again.
I think what you are saying is the Winklevoss ETF and yes they got rejected because SEC are thinking they can manipulate it if they accepted it. If you are saying the CBOE ETF, the decision is still unknown.

For me, as long as CBOE Bitcoin ETF is still not accepted the rise of bitcoin is still undecided. The huge spike of Bitcoin in the past days is due to the Bitcoin ETF and some good news. Anyway, lets wait for the decision of the SEC.

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July 29, 2018, 12:32:01 PM
 #25

The most and logical predictions are steady regulations for me. So many estimations are fault at the near past as we have seen. Henceforth no more critical and radical comments on price prediction; very useless and fake (hype-fomo) news are that.

ETF is not great as much as Lightning technology for me however former tech even could not supply positive price effect to BTC's way. Let's wait and invest with our decisions but never speculate or manipulate people with still price hopes!
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July 29, 2018, 02:22:55 PM
 #26

We can only but be hopeful, it gets accepted. But, I don't think it would have a telling impact on the value of bitcoin.
ETF would definitely attract more of the skeptical investors. For the regular investor it's just more of the same.

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July 29, 2018, 03:01:34 PM
 #27

The whole crypto market will grow, i think, just judging from point of amount of good project appearing every day. Most of project lack of funds and since the regulations are getting better large investors will be more in favour to invest in the projects. This will increase market further.
Vinalians
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July 29, 2018, 04:12:35 PM
 #28

BTC ETF is very complicated right now there are so many rumors that are spreading but the sure thing here is that if the bitcoin ETF approves for sure it will the turning point of the bitcoin's value to increase or rise up Smiley I am still hoping that it will the start of the bull again Smiley
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July 29, 2018, 04:21:10 PM
 #29

many predictions and ways of emerging to overcome and find solutions to the problems facing the market today.
there is nothing definite in crypto, everything can change very quickly. but I still hope that the price of bitcoin and altcoin other quickly progress and the price will not decrease further.
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July 29, 2018, 05:14:34 PM
 #30

What will happen now after SEC rejects ETF?
i have read the news that SEC rejected the propose ETF for BITCOIN! what will be the next step for this?
i was expecting for another milestone but someone stopped the progress again.

The ETF is not the make or break for Bitcoin this year. We are still looking forward to the Lightning Network that might go

mainstream and the projects that would be based on that technology. The SEC is also not the only governing body in the

world that decides on ETFs.  Wink  I am of the opinion that we might see a lot more Bitcoin ETFs being approved by other

countries.  Wink

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July 29, 2018, 06:57:10 PM
 #31

many predictions and ways of emerging to overcome and find solutions to the problems facing the market today.
there is nothing definite in crypto, everything can change very quickly. but I still hope that the price of bitcoin and altcoin other quickly progress and the price will not decrease further.


When the bitcoin and altcoins are really seems volatile we can go with the perfect coin which can give perfect profit for it. Since the adoption from the various company increased last few weeks and investment on cryptocurrency seems increased.

Henceforth profit for your investment whoever invested few days before will be able to get more money.
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July 29, 2018, 10:03:47 PM
 #32

The whole crypto market will grow, i think, just judging from point of amount of good project appearing every day. Most of project lack of funds and since the regulations are getting better large investors will be more in favour to invest in the projects. This will increase market further.
Cryptocurrency is a hot investment trend around the world so I believe that this market will grow strongly in the future. ETF I think that is just one of the reasons that can make Bitcoin increase sharply but above all the demand and attractiveness of this market makes investors participate.

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July 30, 2018, 08:56:10 AM
 #33

The August 10th date is a crucial one. Depending on what will be decided about BTC ETF the market will take a very clear direction. I'm quite optimistic, in which case that would be the moment of the reverse of the trend.

ETF rejected by SEC! will this continue to launch?

Bitcoin community turned their happiness into sadness when the USA SEC turned down the ETF.

what will be the next step for bitcoin?
jonhsongotti
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July 30, 2018, 01:54:26 PM
 #34

The time that you post this topic, the bitcoin price is 6k3 $ and now it is 8k2 $. I believe the bitcoin price will increase in this August. In addition I am waiting for good news from the ETF.
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July 30, 2018, 03:07:34 PM
 #35

I hope the good news will come true and bitcoin prices will increase as news about bitcoin will increase in August.
and when the good news I hear and what I will do is hold my bitcoin even though it is now slightly increased but I will wait for the good news It becomes real and then sells it.

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July 30, 2018, 03:50:17 PM
 #36

This ETF agreement has been overly speculated in my opinion, this could be very fundamental news to the btc and crypto community but will it bring along such crazy spike in price as witnesses by majority in 2017 is what is yet to be known, no one can really give a definite answer to this and i doubt even the TA can as well.

However, whatever the outcome of this meet up come August 10, crypto community will still continue to duel within all odds. When the bulls are back in the woods, i bet no one will see it coming. I still say this is market manipulation, question is how long will it last?
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July 30, 2018, 05:03:03 PM
 #37

That is a very great news to all bitcoin users around the world. They just realized how much money they will lose if they are still not invest in bitcoin so they are now applying for ETF again. I am hoping that this time it will get approve and bitcoin will surely rise up again in market.
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July 30, 2018, 07:56:35 PM
 #38

There is more anticipation of the 10th of August ETF upcoming news, this could really determine the position of bitcoin price and how it could affect investors positively or negatively. But one thing us certain, whatever the outcome of August 10th, btc will still remain the No.1 coin and still be accepted by many, crypto community will still continue to support good project.
Just maybe the bull run won't be as expected.

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July 30, 2018, 08:54:37 PM
 #39

This ETF agreement has been overly speculated in my opinion, this could be very fundamental news to the btc and crypto community but will it bring along such crazy spike in price as witnesses by majority in 2017 is what is yet to be known, no one can really give a definite answer to this and i doubt even the TA can as well.

However, whatever the outcome of this meet up come August 10, crypto community will still continue to duel within all odds. When the bulls are back in the woods, i bet no one will see it coming. I still say this is market manipulation, question is how long will it last?

I think you already give us the answer. Aug 10. As long as investors are taking note and buying the hype on SEC and leading up to that date, this bull run will go before it will come to a sudden stop once the news about the decision is released and probably the bears will be just waiting from the outside and take the market from the bulls again.

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July 31, 2018, 06:38:44 AM
 #40

Nothing is certain in crypto anymore, we will just have to live one day at a time henceforth. A lot of predictions has failed, so it's better to be on the safe side.
Yeah, the safe side will decision after Aug, 10th. We can see how market will react about the result, me still waiting also how far this can impact in BTC price, because we have been through how market got bleeding since Q1-Q2, hopes this will be good start to bull trend.
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