WHAT NEXT FOR BTC

[Cryptocb]

Bitcoin price has been seriously fluctuating in price for over four months now serious in depreciating on price value, which is not a permanent, soon BTC we go back to moon

[A Feeder]

I don't think if there are next  for bitcoin, but if am not mistaken there are nothing next to bitcoin but while it lasts it become more upgraded and upgraded and also I hope the price will stabilize and more people will feel comfortable to use it as a currency.

[rodskee]

Rejection for the ETF proposal have a little effect from bitcoin slow moving up
I still believe without ETF bitcoin future are strong by the of the Bitcoin ethusiasm
Last year bitcoin face from different kind of problem specially chine banning but they still alive and now china recognize again the cryptocurrency.

[dimbaba]

I think they are just doing their job to make this market mature, granting them to be reviewed again is a positive sign that we will have more ETF's to be approve this year.However this will take some time but I'm still confident it will start rise dramatically before the end of the year.

[Deepa18dec]

Bitcoin was fine and will stay fine. If ETF would have been approved, then that would have been another plus point but not having etf doesn't make much difference. Bitcoin is not at all dependent on totally dependent on that. market will run as it runs. This is a bear market, soon market will recover and people will forget about this etf rejection. These kinds of small problems will keep on coming but they won't affect the market in long term.

[Slow death]

To me this is an expression of how badly the SEC wishes they could control BTC and as long as they dont have the control button, no proposal will ever go through.

People need to understand that we have many exchanges that are created without license and by people we do not even know, the crypto world still lacks a lot of regulation, would you trust an exchange like yobit for example? let's say you have a bank, the owner of yobit appears in your bank and want that your bank accepts that yobit open account in your bank and allow your customers to trade Fiat/cryptos. you as the owner of the bank, you will do a search about yobit before closing the business and see what you will find about yobit:

Yobit Scam withholding 10BTC

Would you allow your bank to do business with yobit? Obviously you would not allow it, so you can see that the SEC has already done research on the crypto market and already realized the huge irregularities that happen in the crypto market and the SEC wants to protect people.

I think they are just doing their job to make this market mature

I agree

[tranle1267]

yeah, now people,  inventor or everyone are waiting for the approval for ETF, it will help bitcoin go to pump up and get more price on coinmarket. if the ETF is not approved, i think bitcoin will lost so much price.

[TahuDiniHari]

I have my own view, bitcoin will still run even though etf does not want to do things together, bitcoin has proven, from nothing to what the world sees. that's a fact!

[Dolarin]

I don't think you should panic like that. The SEC will sooner or later have to accept a bitcoin ETF bid because, they just can't resist progress.

[Nexigen]

Any decisions of serious organizations currently only postpone the date of recognition of bitcoin. At present, it is already a real means of payment. Possession of bitcoin is equated to possession of property by courts, because if this is not done, many corrupt officials will transfer funds to bitcoin and say that they have nothing.

[Renai0925]

All we can do is hold on and wait. Bitcoin is a waiting game which is the same for your other investments. ETF is not the end and bitcoin still has it's potential one way or another.

[sakahayang]

Its a sudden But regrettable News that the SEC has ones again rejected a Proposal Regarding BTC, this time by ETF. somehow i saw this comming especially after an earlier rejection of a  Winklevloss ETF which proposed physical trading of BTC.  The rejection reasons are the same old ones., Market Manipulation being one of the major. To me this is an expression of how badly the SEC wishes they could control BTC and as long as they dont have the control button, no proposal will ever go through. with the current red market situation, im certain that somehow, the decision is going to have negative effects on the BTC value. Which brings the concern of WHATS GONNA HAPPEN TO THE CRYPTO KING

Prices that are still not stable on Btc, this results in all proposals being submitted are not accepted, because people will think twice about receiving a proposal. Here we are talking about money and profits, seeing the current situation to get a profit is very small, so it is only natural that the proposal submitted is not accepted.
but don't worry, this is just news. we don't know the decision taken, hope everything will be good.

[jerrison]

the bitcoin has always come with different technological importance as the face of technology thrives. firstly was just a means of exchange and later the immutable ledger and now has become an avenue for the innovation of projects through the creation of projects on the blockchain space. i trust it will still come up with something new as the day goes

[boakyei]

Cryptocurrency has a major feature of been anonymous and I wonder why traders want a centralized organization like the security and exchange commission controls it. Bitcoins don't need ETF, it is ETF that needs bitcoins.

[Lankabc]

I think this ETF thing is the major reason why bitcoin is not rising up. because traders and investors hesitating to do take an action in the market they wait, time passing. nothing happen , If the bitcoin price goes down to $3,000, I think then hesitation will be disappear, then market will behave in normal ways as it used to,

[jasydoggye]

Even with all the chaos, BTC is still the safest one there is in the market and does not matter how low the price level gets, it will still be the best coin and will not die. The future of BTC is bright as ever and we should not fret over it.

[metalglowd]

The next thing for btc is to wait for the etf being approved and by that we can see 20k usd easy just as that. I guarantee that it will be easy. Just wait til September at the very end.

while waiting for the very long day, somehow the current volume of cryptocurrency is getting weaker, may they be more worried about the outcome of this ETF? in my opinion, with the weak transaction volume in the past few weeks and the possibility that it will remain like this until the ETF later, this can have very bad consequences

[Sojuculture]

Do you guys really not understand what is going on? A whale dumps, which causes a cascading effect. Then he buys at the bottom only to keep repeating the cycle. This will keep happening until bigger money comes in and eats up his dumps. He's accumulating. There was an article about a Chinese guy that had accumulated 10,000 BTC this way.

[Jocuserious]

Totally we are need to huge support and increase to the big investor for the uping Bitcoin price,be have felling the possibility about Bitcoin price because market no have still stable so don't try to leave it.so waiting for passing some time will come back market belient good feedback.

[PM.coins]

Whatever the reason for the Bitcoin situation, for me it will still be fine. Apart from all the news, I think that is only part of the season. Believe that bitcoin will be fine, and still very worthy to hold for a long time. Let time answer this situation, until the coming of good news about bitcoin will be the dream of many people. That is to use as a transaction tool that can be received by many parties.