Why Bitcoin Will Hit New Highs - ETF Date August 10th

[Tyrandeo]

I think Bitcoin can be better developed even without ETF support, because Bitcoin always grows along with the blockchain, not the ETF!

[Best Dreams]

I think Bitcoin can be better developed even without ETF support, because Bitcoin always grows along with the blockchain, not the ETF!

Yes the best thing that bitcoin has for now is blockchain because in blockchain our bitcoin will remain safe and it will make our price even higher than our invested amount of money, when blockchain was not yet invented everyone was worry about safety but after bitcoin people really felt good and now bitcoin is growing only because of highly safe wallets like blockchain.

[myown2cents]

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!

Why are most of you fond of giving fake news here? 😒You just come here to say whatever you wish, how sure were you then that price will go up just because of a little thing that happened… Hmmm… now we’ve passed August and instead of price to rise as you have said it didn’t, rather it even dropped to $6000+. Very funny, if you don’t know what to say, please keep calm and watch than confusing everyone.

Yeah the fact is that August has passed and the price is still low as usual. Some people have no idea about the future and they give false statements and new about the price of bitcoin. That is the main reason that I never believe in predictions about the price of the future. It depends totally on demand from the people and the market capital.

[el kaka22]

the fact is that August has passed and the price is still low as usual. Some people have no idea about the future and they give false statements and new about the price of bitcoin. That is the main reason that I never believe in predictions about the price of the future. It depends totally on demand from the people and the market capital.

The difference is that August may have passed, but the ETF decision was postponed which was the reason you did not get to see anything. Nevertheless, I really do not think ETF will have any serious effect on the market as people just like assuming whatever they feel they want to assume in their head just to make themselves feel good. Whether ETF is approved or disapproved, the development of the crypto space does not stop at any point and it will certainly keep growing.

Very funny, if you don’t know what to say, please keep calm and watch than confusing everyone.

Not just funny as these people almost trigger FUDs among this community which eventually backfire at some levels. I also have requested many times in speculation board but not seeing any improvements from these types of people. What to do, they are also part of this forum and our life; unavoidable .

[Lydiaglo]

Whether ETF is accepted by SEC or not, this only contributes to Bitcoin reforms that are not related to rising or falling prices. We need to understand that Bitcoin always develops in a new way.

Bitcoin and the whole cryptocurrency space has even been developing long before we started hearing news of future contracts which eventually became a reality, and then we are now on the ETF path, which I am pretty sure a whole lot of this development is only going to lead to some form of regulation in the long run. I am not against regulation, but the attention on the ETF thing is too much. This was the same kind of attention that was given to CBOE futures which is for what reason at the end of the day.

Looks like the 10th August date did not provide the highs we were looking for
Everyone looked for the exit door instead it seems.... dang it

Maybe you missed the news, It was postponed. That is not even the case now. The truth is it is not really a big deal as some people are really putting it. This market will still mature in its own time, things will develop further and we will get to see a better space without the ETF which the whole ETF is just a whole lot of distraction and the whole fuss around is, even makes it unappealing by the day.

The end of the year is coming again and I hope that people will invest in bitcoin again and the investment cap will increase. If it happens the price will automatically grow. There is no other reason for the price to increase. All these new are fake and the facts are something different. The current situation tells that there is no effect of ETF on the price of bitcoin.

[noormcs5]

I think Bitcoin can be better developed even without ETF support, because Bitcoin always grows along with the blockchain, not the ETF!

This statement is worth to read. Today bitcoin ETF is being postponed and we already see a big growth in the bitcoin price today. People were fearing of EFT rejected and now they know there will be no EFT and therefore no ETF Rejection and this has given positive momentum in the digital world. I wonder long long will this good increase in market cap will go and how will it effect the bitcoin price in the long run.

[HarmonyA]

If not for the benefit of investors that purchased bitcoin above 10000 USD, I would say that if the price would settle at 10000/bitcoin it would be good. And this would encourage it adoption across the globe, and regulated to fluctuate within 10k-15k USD in order to attract more investors and guarantee profits. For now, I don't want to predict the price.

[Doyenuklirblok6]

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!

maybe the problem of bitcoin has been solved gradually, but in this case bitcoin is also difficult to guess, but with this info is a new hope.

[Reatim]

I think Bitcoin can be better developed even without ETF support, because Bitcoin always grows along with the blockchain, not the ETF!

This statement is worth to read. Today bitcoin ETF is being postponed and we already see a big growth in the bitcoin price today. People were fearing of EFT rejected and now they know there will be no EFT and therefore no ETF Rejection and this has given positive momentum in the digital world. I wonder long long will this good increase in market cap will go and how will it effect the bitcoin price in the long run.

Because people really gets tired of this so-called ETF's bringing new money to the market place. And those who are waiting for the decision suddenly relieved themselves by investing in the last 48 hours pushing the price significantly higher than expected. For how long, we don't know, this might be a bull trap for all we know.

[bitzizzix]

Information and predictions in market situations are only expectations that are expected from good and in fact there are no changes, such as the good news about ETFs that will affect bitcoin price increases on August 10, and in fact August has passed and bitcoin prices have not changed.

[mia khalifa]

maybe they think some good news like the results of ETFs have value and have a big influence on the price movement of bitcoin and it turns out that doesn't make the price of bitcoin and cryptocurrency rise.

[TravelMug]

maybe they think some good news like the results of ETFs have value and have a big influence on the price movement of bitcoin and it turns out that doesn't make the price of bitcoin and cryptocurrency rise.

It really do, as long as there's a positive news out there, the price could be affected and a rise would soon follow. But the funny thing is, SEC already delayed their decision and the price go up. Lmao. That's crypto market for you, you'll never know how investors will react or what will be the sentiments following the news.

As someone suggest, people get tired of all this s**t and just decided to invest on bitcoin after the decision. Or people tend to see that ETF doesn't have effect that we all been waiting for, so the hell with this Bitcoin ETF's, just saying.

[kram31]

Failed!
ETF new date is set to be on September 30th this year,
and everyone in the community is looking for a positive outcome this time.
I hope that ETF will be approve so we can ride the rocket again.

[naily]

various issues that circulate today can have an influence on the price of bitcoin and in my opinion the results of ETFs cannot make bitcoin prices rise even though there is a bitcoin price that tends to fall

[tomsmith26]

Failed!
ETF new date is set to be on September 30th this year,
and everyone in the community is looking for a positive outcome this time.
I hope that ETF will be approve so we can ride the rocket again.

yes, it's right . I believe that this ETF will be passed by SEC at the end of this month and some big pumps will appear on bitcoin volume as used to be done before last December . Just wait and see the new target 8,000$ in October , 2018.

[hanlap]

Even if SEC rejects all bitcoin ETFs as currently proposed, somebody else will succeed eventually. Each failure is a learning opportunity and there are many rich, well-connected people who want a Bitcoin ETF and will continue to press the SEC to allow.

[kidsrock]

maybe they think some good news like the results of ETFs have value and have a big influence on the price movement of bitcoin and it turns out that doesn't make the price of bitcoin and cryptocurrency rise.

Maybe we don't need ETF or something like that to lift the price to the higher rate. But what bitcoin needed is support from many people, and of course, supply and demand will play a role in this situations. Without supply and demand, bitcoin cannot rise, and bitcoin will get down, and even it will fall too deep. So we need to support bitcoin and bitcoin still will give some surprise for us and in the end, the price can get the rise again, and we can come back to make a profit.