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Author Topic: January...The Next Few Weeks Will Be Crucial  (Read 2089 times)
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January 04, 2019, 05:49:15 PM
Merited by Cyberczar (2)
 #1

We are aware that the coin market is full of uncertainties but this is going to be a crucial year for Bitcoin, considering the upcoming decision on ETF. We are not even certain that prices have settled to rock bottom yet and folks been asking my views. To me, we really can't know for certain until regulators such as SEC make their stance known by this month. We're sure that a negative decision could have Bitcopin trade as low as below $3000, but that's really good news because it's going to be the very worst we experience thais year. https://cryptoinfowatch.com/bitcoin-news-today-the-obstacles-to-mainstream-adoption/

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January 04, 2019, 09:22:16 PM
 #2

Yes the crypto market is full of possibilities and to me the market is yet to reach the bottom price base on miners prediction and the market demand is still some kind of low. Meanwhile, the SEC decision concern ICOs regulation and the bitcoin ETF will determine the path which the market will take.
Lets just hope the few countries which decide to create their own national crypto currencies will be a reason for US SEC and seniors regulators to give us the positive answer we wanted.

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January 04, 2019, 09:32:54 PM
 #3

I'm not so sure that decision on ETF is so crucial for Bitcoin and that will change that much.
Also, this year isn't more crucial for Bitcoin than any other. Every year matters and reflect the progress that Bitcoin has made and that is not only the price. In fact currently is hard to predict how the price is going to move in the next weeks and months and the market still looks kind of silent and stable. Demand is still low and until that change the price will not change either.

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January 04, 2019, 09:33:12 PM
 #4

Yes the crypto market is full of possibilities and to me the market is yet to reach the bottom price base on miners prediction and the market demand is still some kind of low. Meanwhile, the SEC decision concern ICOs regulation and the bitcoin ETF will determine the path which the market will take.
Lets just hope the few countries which decide to create their own national crypto currencies will be a reason for US SEC and seniors regulators to give us the positive answer we wanted.

January is quiet crucial for us since its hard to know if the market will go up now or we will experience another dump with the market. I see the market is preparing again for the said ETF and BAKKT, and some investors already react on that one but honestly there is still no guaranteed for a big pump even if we have this two, we are just hoping for a positive outcome so we can now take off, and reach the top again. Just stay on the sideway, don’t expect for an easy growth but stay positive and have bitcoin and eth on your wallet.
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January 04, 2019, 09:38:45 PM
 #5

I think that now the cryptocurrency is purchased by the whales, because at the end of February the SEC will say its decision on futures. This may cause the market to go up to growth or drown it by minus 50%.

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January 04, 2019, 09:46:33 PM
 #6

I don't think ETF news will make much difference in either direction other than the initial inevitable panic. Even if an ETF is approved it will take months or more before one is actually trading, if it's rejected then they'll just apply again.

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January 04, 2019, 09:49:41 PM
 #7

Im not so sure there is a critical deadline for bitcoin and crypto to recover its
value. There might be an expectation that the markets need to start rising but
i wouldnt be getting caught up on when it needs to be and if it doesnt happen
at that moment all is lost.

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January 04, 2019, 09:50:41 PM
 #8

We are aware that the coin market is full of uncertainties but this is going to be a crucial year for Bitcoin, considering the upcoming decision on ETF. We are not even certain that prices have settled to rock bottom yet and folks been asking my views. To me, we really can't know for certain until regulators such as SEC make their stance known by this month. We're sure that a negative decision could have Bitcopin trade as low as below $3000, but that's really good news because it's going to be the very worst we experience thais year. https://cryptoinfowatch.com/bitcoin-news-today-the-obstacles-to-mainstream-adoption/
I guess the SEC is not sure what to decide and they will extend the decision until the situation is appropriate for them (Although they say this extension is the last). Even we are not sure what to do in this case. Most people mention that after 3-4 years the price will reach its value. If this situation continues, we sould be ready for the bad news from SEC.  Undecided
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January 04, 2019, 10:02:52 PM
 #9

You can predict on where the market is going but you can't have that accurate prediction. Next few weeks will be crucial? what's with 2018, it's saying hello to everyone. That's even more crucial than what everyone thinks for this year because everybody thinks that this year will be the start of the recovery.

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January 04, 2019, 10:14:08 PM
 #10

We are aware that the coin market is full of uncertainties but this is going to be a crucial year for Bitcoin, considering the upcoming decision on ETF. We are not even certain that prices have settled to rock bottom yet and folks been asking my views. To me, we really can't know for certain until regulators such as SEC make their stance known by this month. We're sure that a negative decision could have Bitcopin trade as low as below $3000, but that's really good news because it's going to be the very worst we experience thais year. https://cryptoinfowatch.com/bitcoin-news-today-the-obstacles-to-mainstream-adoption/

Let us agree that the decision on the ETF is an important one
But will not be the determinant of the course of the encoded currency market
Encryption is greater than ETF
I think that the many delays in the decision making and the associated impact on the market, will weaken the impact of this decision some thing.
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January 04, 2019, 10:46:43 PM
 #11

ETF was delayed so many times that people are tired of it and will not overreact if it gets postponed again. I know that SEC will not be able to delay it anymore but a denial will mean another delay because I don't think they will give up after that. They will make amends and file again and we will start all over and get delayed for another year. Boring!
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January 04, 2019, 10:53:22 PM
 #12

We are aware that the coin market is full of uncertainties but this is going to be a crucial year for Bitcoin, considering the upcoming decision on ETF. We are not even certain that prices have settled to rock bottom yet and folks been asking my views. To me, we really can't know for certain until regulators such as SEC make their stance known by this month. We're sure that a negative decision could have Bitcopin trade as low as below $3000, but that's really good news because it's going to be the very worst we experience thais year. https://cryptoinfowatch.com/bitcoin-news-today-the-obstacles-to-mainstream-adoption/
Yeah, I do agree that these decisions will actually have some sort of affect on the price. The decision taken will cause some spikes on the price of bitcoin. We have seen like almost 9 billion being wiped off the market due to massive sell off as the decision by SEC was postpone.
But, how come you be sure that negative decision will be the only worst experience we will be having this year?

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January 04, 2019, 11:20:41 PM
 #13

I doubt we'll see a downward movement if the SEC decides to not approve the ETF, we'll probably continue with the same sideways movements leading to limbo until something big happens. Things could go very different if it ends up being approved since it would take a lot of people, investors and the general bitcoin community, by surprise, and in that scenario I would expect some upward movement. But since the majority thinks it won't get approved, chances are that the news won't have an impact in the market since many people saw it coming.

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January 04, 2019, 11:53:14 PM
 #14

Yes, I also think the upcoming SEC decision will be a decisive event. But whatever decision it makes, it still won't be bad. After all, even if the price of bitcoin falls very low, in time it will still fly up. Bitcoin won't die anyway.

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January 05, 2019, 12:46:30 AM
 #15

ETF was delayed so many times that people are tired of it and will not overreact if it gets postponed again. I know that SEC will not be able to delay it anymore but a denial will mean another delay because I don't think they will give up after that. They will make amends and file again and we will start all over and get delayed for another year. Boring!

In those circumstances hopefully people will have learnt and put it to the back of their minds. Doubt they will though. I totally forgot the Winklevoss appeal was a thing until it was exterminated for the final time last year.

I expect there'll be further bypasses of formal ETFs like GBTC and Bakkt that'll make an ETF approval relatively moot. It could be many years before there's a yes and no one may care all that much.
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January 05, 2019, 01:22:56 AM
 #16

Yes, I also think the upcoming SEC decision will be a decisive event. But whatever decision it makes, it still won't be bad. After all, even if the price of bitcoin falls very low, in time it will still fly up. Bitcoin won't die anyway.
Yes, hopefully, when a bad decision from the SEC does not adversely affect the price of Bitcoin, because I think the SEC's decision is very important in the increase and decrease in the price of Bitcoin going forward, because now traders all over the world are waiting for that decision. Hopefully only the good news we hear.
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January 05, 2019, 01:43:49 AM
 #17

This is why I still believe anything can go wrong about cryptocurrency, even with the good news of bakkt and wall street I'm still not confused as crypto is so unpredictable ,the only assurance I have is the next bitcoin halving which is in 2020 and I'm sure huge spikes in price will occur

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January 05, 2019, 01:47:04 AM
 #18

I don't think it will be crucial for me because I am not following that news and I only read with quick. It doesn't matter for me if it's approved or delays or rejected. I only care about the price and what I see on the market. I think some people can take care of the approval and we just sit down and relax while we can also trade with many pairs and make the profit. Let them do their job, and we do our jobs to make more money Cheesy
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January 05, 2019, 02:22:05 AM
 #19

The news is still in process and I will work as usual, with my ability, I will monitor the market and follow the crypto storyline. We submit the work to those in the front row and hope there will be positive news later so that the future of Crypto is very good in the eyes of the world.

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January 05, 2019, 03:16:45 AM
 #20

i wouldn't call it "crucial" because there is nothing crucial about it. the only thing you could have said is that the following couple of weeks are going to determine the direction that bitcoin is going to take in the short term. for example if a rise starts then you can decide that the rally would happen in the first quarter of 2019 but if it doesn't start in the following weeks then it can take longer to begin!
things like SEC's decision and ETFs are old news now. people stopped caring about them somewhere around mid 2918 as they kept rejecting everything that came their way!

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