U.S. SEC postponed ETF until end of September. Bitcoin start dump.

[Froby]

I think it’s  a good news. Because of the postponed of the ETF by the SEC, it might help BTC to gain more support and approval. And I think prices will rise again in a very few weeks. SEC announcement has to show that the ETF approval is alive still. Just need to hold patience to prove the rumors. Something positive will happen surely!

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[rahimali]

SEC prosponded BTC ETF till sept. I think some effect fall on BTC for this reason and BTC remain down for long time. Hope SEC will approve BTC ETF later and that should be felt very good effect on crypto.

[Sionsak]

After the ETF publicity bitcoin began having a little ascent, it was never bullish. similarly, as it isn't bearish now that it has dropped from that ascent and that is the reason for peoples not buying it in the initial hype stage. This results newbies are now panicking.

[jpnl0008]

it is expected that the SEC  ETF decision will have a great impact and influence in the blockchain technology and most importantly on the bitcoin related transactions and the postponement is not a good one as it will further scare investors on the technology and that will have a negative impact on the technology.

[cryptoadobo]

I see an opportunity actually by postponed on Bitcoin ETF since the price of bitcoin is much cheaper now. Let just buy gradually while the price of BTC is falling because I strongly believe that bitcoin will be huge again in the future.

[kingofhell9008]

Bitcoin's price is somewhat low, but ETF is not responsible for this. Because Bitcoin is dependent on liquidity, its price will rise, it is normal. But I think if Bitcoin ETF is approved by secs, then it will help to raise prices.

[Waitingforlightning]

I think we're in for a very long bear market if the SEC doesnt approve a bitcoin ETF. A watched pot never boils, and the whole crypto world is watching the pot right now, which means we'll need some truly extraordinary fire to get the water to boil. This wasn't the case last year, when the market went up 3x after consensus, because people werent expecting it. An SEC approval now would be strong enough to shoot the markets back up to consensus 17' levels.

[SafeCamel95]

I really don't care about their decision. i will hold the btc next 1 year. hopefully i will get my desire profit. but i think it will not happen.maybe it's a rumor.

[joromz1226]

i have seen the dump of bitcoin in the market.
it was a happy moment for all of the holders but suddenly change in just a blink.
we are back now. again and again.
i hope ETF will be soon approve and gone to market.
but there will be another reason why BTC will go over 20K again SOON!!!

[chaoscoinz]

Few day's ago was a rumor about ETF approval will middle of August. Today Cointelegraph publish a news that ETF proposal postponed to end of September.  After this ETF news Bitcoin start downtrend again. After ETF proposal bitcoin was bullish. But recently due to postponed ETF btc run on bearish again . If ETF result become positive market will be bump instantly. Hope SEC will consider for approve of ETF application.

I think an ETF won't be approved until a more conventional proposal that protects the investor is made. A proposal that will offer a plan for a system that prevents major price manipulation of the market. It is risky, though it could be quite lucrative if successful. I'm sure the SEC is looking after the investors best interests, so a small postponement seems necessary.
   In the meantime, the market will  most likely continue to fluctuate.

[perla]

I think this news is not true. Hopefully SEC will approve ETF decision. we have to just keep faith on BTC and hold it. Hopefully the price of btc will rise again.

it is always like that ETF really affect for bitcoin price. but maybe now some people wouldn't really care about that, now they are will hold it even what will happen to bitcoin. it is good for bitcoin itself so not get dumped much

[feelingfroggy]

I don't get why this ETF news is so important.  We were just fine before it was getting hyped in the media.  This entire situation looks orchestrated and I for one and loading up my bags.  1 Million or 0.  I feel the risk reward is in the favor of the buyers now. 

[Al-e_x]

if the SEC gives a positive response to ETF, I think ETFs don't have a big influence on crypto volatility. it might be a little bullish but will not pass 10K.

ETF is not holders of a bullish market, so it's stupid if we judge that ETFs will make the market bullish with the maximum.

we have to think about other aspects that can make the market come back bullish.

[goldkingcoiner]

after the ETF "hype" nonsense bitcoin started having a small rise, it was never bullish. just as it is not bearish now that it has dropped from that rise. and it is not a "dump" this is just a market panic that was expected which has been the main reason why people haven't been buying bitcoin during that initial "hype" phase that i said. basically because they knew this would happen and newbies will panic for no reason.

Actually it was bullish, compared to july. But there were crazy downs and ups because of ETF. But all in all, I see it rising. Even with the panic setbacks.

[Hishoutt]

It’s not a dump rather getting rid of the weak hands. It’s a good chance to buy bitcoin now since the price is going down. We have seen bitcoin skyrocketing after every major fall. If bitcoin gets the SEC approval in September then we can expect a major bull run.

[Sevarchik]

I think its hapens because many investors invest to the bitcoin with target sell it after ETF accepting and when it posponed they fasly cashout and invest to something other.
Last price up and dump followed by short therm investors

[CanyonsBull]

I think this is rumor. I suggest you to please take patience. ETF decision still alive. Just hold btc and keep faith on btc. the price of btc will rise again.

[samiraetn]

SEC prosponed till sept. but there still have some hope to be approve but current situation of bitcoin is very unmeasurable so it’s will take more time I think.

[MarchionessBold]

Even though the ETF should not hamper BTC, it still has. Sadly we are paying attention to the wrong news and it is costing us our investment. But anyhow, it is a good thing it got delayed and will give the coin some time to recover

[OrlickThunder]

I wouldn't call it a dump rather it looks more like a correction to me which was required because the hype of bitcoin ETF helped it to rise way beyond what was expected growth. However, delaying ETF hearing is good to be honest because in this extra time bitcoin ETF have the chance to gain more support and hype again to rise like it did last time.