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Author Topic: Two catalysts that could decide Bitcoin’s direction in the next 30 days or so  (Read 145 times)
yorklab (OP)
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July 14, 2018, 05:33:06 PM
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South Korean Regulation July 13 through July 26
https://cointelegraph.com/news/south-korean-regulators-to-introduce-new-rules-for-crypto-and-blockchain

US ETF on August 10 (though I heard it could be Aug 16th or later if delayed)
https://cryptovest.com/news/possible-bitcoin-etf-raises-market-hopes-as-us-sec-opens-public-discussion-for-cboe-fund-license/

If this ETF goes through, that will open the door for more.


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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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September 06, 2018, 11:36:03 AM
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South Korean Regulation July 13 through July 26
https://cointelegraph.com/news/south-korean-regulators-to-introduce-new-rules-for-crypto-and-blockchain

US ETF on August 10 (though I heard it could be Aug 16th or later if delayed)
https://cryptovest.com/news/possible-bitcoin-etf-raises-market-hopes-as-us-sec-opens-public-discussion-for-cboe-fund-license/

If this ETF goes through, that will open the door for more.


These events might affect the pruice for the short run but in a long term perspective I think none of it can change the progressive nature of Bitcoin and it's natural growth in value.
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