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Author Topic: BITCOIN NEWS AND UPDATE  (Read 144 times)
Pursuer
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August 22, 2018, 06:47:27 AM
 #21

Earlier today BTC dropped roughly 3.7%, falling from around $6,450 down into the $6,200 region. Price wicked the lower end of the support and consolidation zone and was propelled back higher in what is becoming the same old song and dance.   
lowest price TODAY was $6405. in fact by the time you made your post here price has risen to $6906 and came down a little to $6750 then you made this post! maybe you are copy pasting this comment from somewhere that posted it before but you need to look at the charts before posting things here Cheesy

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Currently we are in a no trade zone but should price continue to climb higher to $6,580 or above, we will consider looking at placing some sell orders and ride it back down.
again you should check the charts before posting. price already broke above that and reached $6906! selling at $6580 meant losing a big amount of money since after the rise price is still at $6669

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We are NOT shorting just yet, but rather looking for some kind of bearish rejection candle on 4h to confirm our theory.
the only time that shorting bitcoin may be a good idea is if a big bad news happens like an exchange hack, and possibly even the ETF rejection. other than that, at this point shorting bitcoin is dumb.

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August 22, 2018, 07:19:08 AM
 #22


The market for electronic money in this morning is recovering with an average increase of over 5%. The price of bitcoin in the past 24 hours has increased significantly compared to yesterday, after fluctuating for many hours, bitcoin price suddenly surged above $ 6,800 early in the morning today.
Today's bitcoin prices hit $ 7,719 at 10:30 am, up 6% from the previous 24 hours.
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August 22, 2018, 07:22:10 AM
 #23

I think cryptocurrency is popular due to the price increase since 2017 yesterday which makes bitcoin prices soared to the moon, which makes a lot of people want to know about bitcoin currency, and nowadays there are many people who can access the internet that makes the eyes trading using crypto that grows the trend.

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August 22, 2018, 08:12:17 AM
 #24

there is currently no news about BITCOIN AND UPDATING, because everyone wants to receive notifications about bitcoin, for almost 4 months bitcoin prices have declined unclear, I'm waiting for news and notifications from bitcoin.
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August 22, 2018, 08:25:17 AM
 #25

Truth is the trend downwards, generally this year, but this is the result of very manipulative acts and writings of the mainstream media, but this is all temporary,  and all the good news and suggestions will work in a positive sense in the near future!
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August 22, 2018, 10:02:00 AM
 #26

Am exhausted about this news and outcome. The more anyone tries to  suppress this community, it comes back the better. This is going to certainly have a major positive impact in the market. Win win game for this space.
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August 22, 2018, 10:33:33 AM
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Interesting how much we can take before we will die, because it is already around 4 or 5 months when we are in the bear cycle, and we're still not heading home to get out of it;

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August 22, 2018, 10:51:40 AM
 #28

To see the future of Bitcoin, we have to bypass this ETF process. The market is very important to the ETF, and without it, talk is empty.

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August 23, 2018, 06:36:21 AM
 #29

💥ETF Rejection💥


The Proshares ETF application was denied by the SEC.

The application required a rule change to be accepted by the SEC. When handing down their decision the SEC explained that the rules could not be changed and that the decision in no way means the SEC does not believe in the viability of blockchain technology.

The Proshares application included a long and a short $BTC product tied to $BTC futures contracts. It came as no surprise that the application was rejected as the Proshares products were tied to a highly volatile and leveraged 9 month old asset class.

It should also be noted that this product is not physically backed by $BTC.

This may play well into the hands of the Vaneck-SolidX application which is due to be decided in one months time.

The SEC is tasked with protecting retail investors. The Vaneck-SolidX ETF product has a unit size of 25 $BTC with a target audience of institutional investors.

In comparison to the failed attempts of previous ETF applications, the Vaneck-SolidX application appears far superior.

The proverbial red herring rejection today will undoubtedly send the market into a downward spiral, a great shorting opportunity.

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August 23, 2018, 09:24:47 AM
 #30

How much time has passed since the collapse, and bitcoin can not all get stability and inexorably aspire to go down. what's the problem?

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August 23, 2018, 09:38:59 AM
 #31

There is so much apprehension since this year 2018. So many people want to come into the cryptocurrency market but are afraid of the volatile nature of the market. Such news is good to calm the nerves of panicky investors.

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