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filipwx (OP)
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August 11, 2018, 07:50:48 AM
Last edit: August 11, 2018, 10:27:04 AM by filipwx |
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It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?
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bitcoin31
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August 11, 2018, 08:08:21 AM |
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Lossing value of the bitcoin it doesn't mean bitcoin will end or game over, we are here to support bitcoin just like today valur of the bitcoin dumping we need to support like what bitcoin support bitcoin financially or for our needs.
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LFC_Bitcoin
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August 11, 2018, 08:42:02 AM |
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The SEC denied the Winklevoss ETF & we went down a bit but then rallied to fucking $20,000 a few months later.
So to answer your question - NO IT IS NOT GAME OVER!
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El duderino_
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August 11, 2018, 08:49:53 AM |
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The SEC denied the Winklevoss ETF & we went down a bit but then rallied to fucking $20,000 a few months later.
So to answer your question - NO IT IS NOT GAME OVER!
do not get to hard involved with the NOCOINER..... |
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Shinpako09
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August 11, 2018, 08:56:39 AM |
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How do you know that btc is keeping on lossing value in eyes of investors? Just because of what happened recently, do you think so? That doesn't determined dude. The price is still strong at more or less than $6k floor and you think btc is game over? $6k is still a lot of money and btc is known for recovering in every fall though it takes some time.
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hubballi
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August 11, 2018, 09:03:34 AM |
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If what you are telling about market over due to ETF rejected then the price should have fallen more but still it is strongly holding above $6000 price. Bitcoin cannot die due to one or two bad news it more stronger then you think
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talkbitcoin
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August 11, 2018, 09:13:47 AM |
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Do you think it's a GAME OVER?
yes, it is game over. this decentralized currency that has only relied on the decentralized network of peer and nothing else is going to die because the centralized security exchange in US denied exchange trading funds. we are now burying bitcoin since its price has fallen 99% in the past five minutes and it is close to 0 now. /s |
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samson
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August 11, 2018, 09:25:28 AM |
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There will be European ETFs before the US catches up.
Once they see all the money leaving the country they will act.
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El duderino_
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August 11, 2018, 09:29:27 AM |
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last year price @ this time and price right now .....  |
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filipwx (OP)
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August 11, 2018, 09:38:37 AM |
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last year price @ this time and price right now ..... last year at this time price was aroud $3.6k but the price was rising up. We are seeing actually a progressive decline, which is really a bad sign for the Bitcoin. Of course its decentralized, but it still relies on Fiat at the end of the day. |
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YuginKadoya
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August 11, 2018, 09:40:37 AM |
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Bitcoin increase on its own without the ETF so whats not OK with that, I really think it can sure make the price on an steady increase but I think the value will still manage when a bull run may occur, And it is not a game over when the government or the bank or a majority of people would not want bitcoin it is not the end for it and will keep on rising like a phoenix whatever keeps it down it will only goes up every time a good opportunity comes in.
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Harlot
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August 11, 2018, 09:45:14 AM |
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Why is the ETFs the end game for Bitcoin? I don't think so there is still a lot of things to process on the legislation side, BTC up to know still needs a law outside from the regulations and permissions of the SEC. If you are thinking about it clearly we still have other news to think about and it is not all about the ETF hype. Remember a much more important news for Bitcoin is when it clearly has a law backing it and if all countries have one then institutional investors are the ones who will personally be buying them.
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Aikidoka
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August 11, 2018, 09:51:18 AM |
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Stop spreading nonsense. Bitcoin will never end. And even if the price decreases, it does not mean it will be a game over. Bitcoin is still going to be number one cryptocurrency. As a matter of fact, more countries are recognizing bitcoin and more people will invest in it because they believe in its potentials. Added to that statement, bitcoin is unpredictable. You just do not know when it will shock you and when it will surprise you.
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batang_bitcoin
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August 11, 2018, 09:55:42 AM |
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It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?
It was only delayed and if it will be denied, bitcoin won't end that way. I'm sure that last year you also have read the news that it there was the same proposal and it was rejected, but did bitcoin ended because of it? no. last year at this time price was aroud $3.6k but the price was rising up. We are seeing actually a progressive decline, which is really a bad sign for the Bitcoin.
Bad sign if you keep chasing the all time high. Compared last year, bitcoin still performs better. |
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filipwx (OP)
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August 11, 2018, 10:26:40 AM |
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Stop spreading nonsense. Bitcoin will never end. And even if the price decreases, it does not mean it will be a game over. Bitcoin is still going to be number one cryptocurrency. As a matter of fact, more countries are recognizing bitcoin and more people will invest in it because they believe in its potentials. Added to that statement, bitcoin is unpredictable. You just do not know when it will shock you and when it will surprise you.
Nobody is spreading nonsense  This is just a discussion - SPECULATION -. Don't take it personally please. |
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BlackPanda
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August 11, 2018, 10:46:30 AM |
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It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?
The news is indeed enough to make a lot of investor attention reduced to Bitcoin. But we must see everything in the long run. The potential of Bitcoin and cryptocurrency is still very large, this market is still very potential because as we know that in the future that digitalization will be a top choice for many people. The accessibility that requires everything to be faster and safer will make cryptocurrency a great choice for many people. No matter how bad news is, but when we continue to believe and continue to use Bitcoin every day, it will help the level of trust in bitcoin. All we have to do is try to convince more people to use Bitcoin. That is what will change the stigma of people's thinking and can change the future of Bitcoin and also the government's view of cryptocurrencies. |
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xuan87
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August 11, 2018, 10:52:05 AM |
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It's not going to game over, many investors already losing a lot of money and they kind of losing hope with Bitcoin, because the bear market seems like not going away from a long time, it's a dangerous situation for Bitcoin, but it's not going to make Bitcoin come to end
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crairezx20
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August 11, 2018, 11:40:24 AM |
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It's not game over yet and I think we will see the bullish market again in a few weeks, for now, bitcoin investors and holders are suffering because of bitcoin ETF decline that results in panic selling. I just noticed that the price of bitcoin depends on what news condition if people heard a good news about bitcoin the price start rising but if all bitcoin news is bad then the price starts falling. Like what happened these days.
So better to rely on what bitcoin news condition so that you know what will happen in the next movement because for me it's accurate source of signal to know if the price will drop soon or the price will rise again.
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davis196
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August 11, 2018, 11:49:11 AM |
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It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?
Game Over is only when the bitcoin price becomes ZERO and bitcoin mining stops. Until then it's too early to give up.Bitcoin exists for only 10 years.This is a really small amount of time. Blockchain is a technology that is still taking it's first steps.There is so much room for further adoption and improvement.The future of bitcoin doesn't depend on some SEC decision. |
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filipwx (OP)
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August 11, 2018, 11:49:22 AM |
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It's not game over yet and I think we will see the bullish market again in a few weeks, for now, bitcoin investors and holders are suffering because of bitcoin ETF decline that results in panic selling. I just noticed that the price of bitcoin depends on what news condition if people heard a good news about bitcoin the price start rising but if all bitcoin news is bad then the price starts falling. Like what happened these days.
So better to rely on what bitcoin news condition so that you know what will happen in the next movement because for me it's accurate source of signal to know if the price will drop soon or the price will rise again.
Yes thats true. I feel like the price could drop to 4K before going up again and it could take a while. |
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