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Author Topic: what your opinion about this?  (Read 389 times)
yusupjatigumilar
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August 13, 2018, 12:50:32 PM
 #1



yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

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August 13, 2018, 01:59:06 PM
 #2

My opinion on today's bitcoin market is that we expect a significant volatility in the future, both in terms of buying and selling the BTC. Supporters of Bitcoin and ETF support seem to be optimistic. that currency is fine
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August 13, 2018, 02:53:56 PM
 #3

Exchange-Traded Fund aka Exchange-Traded Fund (ETF) is a fund that is traded on the stock market.

The United States Securities and Exchange Commission, aka the United States Securities and Exchange Commission (SEC)

ETF = Gold X USD, Gold X Euro, Gold X IDR, Copper, Silver and various other mines and Bitcoin X IDR, Bitcoin X USD, Bitcoin X Euro.

ETF = asset money (gold, copper, silver, Bitcoin)
SEC = United States Stock Exchange

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

The market's price drops is normal because of the charts and I see it naturally that all prices will drop accordingly as the charts tells us.

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August 13, 2018, 03:02:35 PM
 #4

 Yes the bitcoin is quetly go down this past month and weeks but The New York Stock Exchange has filed for permission to launch a number of Bitcoin-related exchange-traded funds (ETF) just one week into 2018. this time bitcoin will be  pump again and hope it will continue


Source : https://www.google.com/amp/s/cointelegraph.com/news/new-york-stock-exchange-moves-on-bitcoin-etfs/amp

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August 13, 2018, 03:29:03 PM
 #5

I don't think the ETF really matters that much.  Bitcoin can survive just fine on its own with the support of our users.  It already hit 20k without an ETF, this whole thing is over hyped in my opinion.  For what it's worth, I believe it will be accepted and it was only delayed so big investors can enter in the market at a cheap price.
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August 13, 2018, 03:37:55 PM
 #6

Exchange-Traded Fund aka Exchange-Traded Fund (ETF) is a fund that is traded on the stock market.

The United States Securities and Exchange Commission, aka the United States Securities and Exchange Commission (SEC)

ETF = Gold X USD, Gold X Euro, Gold X IDR, Copper, Silver and various other mines and Bitcoin X IDR, Bitcoin X USD, Bitcoin X Euro.

ETF = asset money (gold, copper, silver, Bitcoin)
SEC = United States Stock Exchange

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

I still wonder why people have attached too much significance to this ETF of a thing. Has Bitcoin ever being listed as ETF before now? Has it not been experiencing a steady growth from less than 1 USD in 2009 to even about 20,000 USD even without this ETF of a thing? I think we are just over hyping this ETF of a thing and giving it too much credence. ETF or not, Bitcoin will survive on as it has always been. Period!!!

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August 13, 2018, 04:10:15 PM
 #7

Exchange-Traded Fund aka Exchange-Traded Fund (ETF) is a fund that is traded on the stock market.

The United States Securities and Exchange Commission, aka the United States Securities and Exchange Commission (SEC)

ETF = Gold X USD, Gold X Euro, Gold X IDR, Copper, Silver and various other mines and Bitcoin X IDR, Bitcoin X USD, Bitcoin X Euro.

ETF = asset money (gold, copper, silver, Bitcoin)
SEC = United States Stock Exchange

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

Source?

Anyways, I don't bother myself with this ETF mania. If SEC finds it appalling and approved it then good, If not, bitcoin will still survived the hype surrounding bitcoin. As for the price dropping, we have seen in the last 7 months that we should be not emotionally attached on it. Just sayin.

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August 13, 2018, 04:30:40 PM
 #8

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

i honestly don't understand what you mean by the train of words before this part!
about this i have to say as far as i can tell nothing happened yesterday! the "refuse" that you are talking about happened a while ago and we had the drop by then. the drop that took place yesterday was a different thing possibly because of some manipulation and panic sell which was resolves just as fast.

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August 13, 2018, 05:36:36 PM
 #9

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
Can you mention the source of this news? I did a quick search and didn't find any information.

(please correct me if I'm wrong), what your opinion on this?
The price movement during the 24 hours or 48 hours was normal, so I do not think that is the reason.
In some cases, the news has two effects: the obvious effect of the news and the impact on the long-term.
I think news, as you mentioned, will have an obvious effect on price "Which did not happen".

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August 13, 2018, 05:42:24 PM
 #10

You're late OP and inaccurate, What you're referring to has nothing to do with the drop you saw ( a good proof is, look now it has recovered)
And the news you are talking about is already "old" and the result already happened since.

Quote
Exchange-Traded Fund aka Exchange-Traded Fund (ETF)

The United States Securities and Exchange Commission, aka the United States Securities and Exchange Commission (SEC)

ETF = asset money (gold, copper, silver, Bitcoin)
SEC = United States Stock Exchange

Half of your post doesn't make sense. You could save 50% of my time and others members by not posting senseless things
ETF aka ETF
SEC aka SEC

Dude you make me think about someone with a mental problem trying to look smart


And no need to repost then again SEC= United States Stock Exchange and ETF= bla bla bla

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August 14, 2018, 09:30:06 AM
 #11

As far as I can detemine, the latest crypto decline is linked to turkey's economic toxicity affecting its neighbors. Its similar to the 2008 economic crisis where the united states economic decline negatively affected economies of the entire world. Except its on a smaller and more isolated regional scale surrounding turkey. It has the potential to branch out and affect global markets although whether or not the damage will be contained remains to be seen. Concerns revolving around potential negative implications of greater economic slowdown or recession in the world are magnified by these events, driving markets down.

Not only crypto is declining. The DOW Jones average for US stocks is also dropping. Similar events are occurring all around the world.

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August 14, 2018, 09:35:45 AM
 #12

American Stock Exchange has not sufficient power to be a reason why bitcoin fall. This coin is strong and achieved huge prices without this, so even now when the price falls it is not over and the price will return to the top

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August 14, 2018, 10:02:58 AM
 #13

Yes the bitcoin is quetly go down this past month and weeks but The New York Stock Exchange has filed for permission to launch a number of Bitcoin-related exchange-traded funds (ETF) just one week into 2018. this time bitcoin will be  pump again and hope it will continue


Source : https://www.google.com/amp/s/cointelegraph.com/news/new-york-stock-exchange-moves-on-bitcoin-etfs/amp

I think its not worrying news but the greatest news of all time. Just imagine last year bitcoin was lurking around 5.5K USD at this time period and then came in the Japan good news who declared its country being legit for bitcoin related operations. Now, the same thing is happening, bitcoin has come down a lot and now SEC will decide to launch many exchangers which might just bridge the virtual currencies with the real world currencies and thus it may drive huge investment as well as investors into this market so as to give new wings to the crypto currencies. By new wings I literally mean that we may see another ATH soon.

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August 14, 2018, 10:14:56 AM
 #14

What if it's not the American Stock Exchange rejection towards Bitcoin that leads to it price reduction. Anything can trigger the price of bitcoin to fall so we shouldn't always find something to blame whenever the price dumps a little. Yesterday,  the Saudi Arabia's government warns and bans it's citizens from investing in Bitcoin, we can also blame them for the price dumps yet,  it's not wise.

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August 14, 2018, 10:20:39 AM
 #15

I don't care really. Even if they refuse Bitcoin, it will continue to be traded and to be invested by a lot of people. The "drop of price" that you are saying, it happens all the time.

We are holding a crypto currency that is so volatile, it is obvious to either dump or pump.

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August 14, 2018, 12:12:30 PM
 #16



yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

I think BIG people wants to make any news in order for the market to go down in order for them to accumulate as much as many Bitcoin they can.

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August 14, 2018, 12:29:06 PM
 #17

That can be really one of the best news if happen so this refuse has so much effect on the btc price, but think also if it will be accepted Roll Eyes

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yusupjatigumilar
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August 14, 2018, 12:38:37 PM
 #18



yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

I think BIG people wants to make any news in order for the market to go down in order for them to accumulate as much as many Bitcoin they can.
if that's the case, there will definitely be a return when many investors buy bitcoin at a low price, this will make the price of bitcoin crawl up again.

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August 14, 2018, 12:41:16 PM
 #19

You're late OP and inaccurate, What you're referring to has nothing to do with the drop you saw ( a good proof is, look now it has recovered)
And the news you are talking about is already "old" and the result already happened since.

Quote
Exchange-Traded Fund aka Exchange-Traded Fund (ETF)

The United States Securities and Exchange Commission, aka the United States Securities and Exchange Commission (SEC)

ETF = asset money (gold, copper, silver, Bitcoin)
SEC = United States Stock Exchange

Half of your post doesn't make sense. You could save 50% of my time and others members by not posting senseless things
ETF aka ETF
SEC aka SEC

Dude you make me think about someone with a mental problem trying to look smart


And no need to repost then again SEC= United States Stock Exchange and ETF= bla bla bla
sorry if the question I ask looks meaningless and makes you confused, but here I just want to know how you think about it

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August 14, 2018, 12:53:42 PM
 #20

I think the good news or bad news on bitcoin is an opportunity that we must use to the maximum extent possible so that we can get many benefits from the effects that arise from the news.

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