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okala
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April 29, 2019, 06:43:12 PM |
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I don't think the suspension of bitcoin generation by the security and exchange commissione will affects the general price of bitcoin and other cryptocurrencies since this decision does not affect the whole crypto market but a single development which is bitcoin generation inc which is suspended from 29 April till 10th of may 2019.
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Genemind
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April 29, 2019, 06:50:57 PM |
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It could be a big deal yet it has no huge impact on the market flow. I'm sure that it wouldn't affect the prices of both Bitcoin and altcoins since they both have an independent development. 11-12 days suspension is too short to affect the prices. Bitcoin would still go better these days.
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Haunebu
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April 29, 2019, 07:30:41 PM |
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Everyone know that the SEC do not admire the crypto market which is why this development is not surprising and it won't hurt the prices most likely since such stuff happened in the past and nothing changed.
I honestly don't care what the SEC think or do about the crypto market.
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rosezionjohn
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April 29, 2019, 07:46:50 PM |
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I do not think so. People got tired of all the negative stuffs from SEC and probably does not care what they do anymore. Atleast that's what I think for now.
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target
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April 29, 2019, 08:21:09 PM |
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I do not think so. People got tired of all the negative stuffs from SEC and probably does not care what they do anymore. Atleast that's what I think for now.
I'm tired of it too but its still going to affect when whales make it a big deal. And its usually the case when they want the prices to dip again for their own gain. ITs all about the media show, if they want BTC to be cheaper, they can do it every time. But until its still working, they will keep stroking the news. |
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LFC_Bitcoin
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April 29, 2019, 08:35:02 PM |
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Nobody gives a shit about what the SEC say/think about bitcoin now. A couple of years ago we used to see big dumps when they rejected an ETF proposal. The market has matured now & nobody gives a shit about their opinion or actions. Honey Badger doesn’t give a fuck.  https://media.tenor.com/images/6c8efd3ce3b5410918c39441134d3717/tenor.gif |
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XinXan
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April 29, 2019, 08:58:18 PM |
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As you can see, FUD has no impact anymore or it's really small, recent Tether FUD barely affected the market and it's certainly quite big. Finally Bitcoin and the other cryptos are becoming decentralized not reacting to any small piece of news, specially FUD, hopefully this way we can see steady growth over the next years.
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Thermytee
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April 30, 2019, 01:23:46 AM |
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This completely has no impact on the price. If it does, the swings would have much. The US SEC is dealing with a lot of issues on crypto trading and the likes . Lots of folks don't really care about SEC is o make a decision on their crypto of choice
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AIGO Adoption Blockchain e-Commerce to World |
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Yaunfitda
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April 30, 2019, 01:34:14 AM |
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Never heard of this 'crypto exchange' or 'mining firm' so I don't think that it will have a big impact in the market right now. The Bitfinex and Tether drama didn't affect us that much so I don't see this news will generate much FUD or panic because it is relatively unknown.
We are just having a healthy corrections, investors or speculators are just booking their profits. Nothing to worry about.
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Yakamoto
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April 30, 2019, 01:35:21 AM |
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As you can see, FUD has no impact anymore or it's really small, recent Tether FUD barely affected the market and it's certainly quite big. Finally Bitcoin and the other cryptos are becoming decentralized not reacting to any small piece of news, specially FUD, hopefully this way we can see steady growth over the next years.
A lot of it came down to the fact that everyone who was susceptible to FUD were also those who were brimming to get to the ATH again, back when the ATH was about $1,000. Now that all of the emotional investors have been more or less priced out of the market, they have a much smaller impact on the price and FUD lost a lot of its power. I'm hoping that we can see a steady growth trend in the future, but time will tell whether or not that's what happens. There used to be some major swings over little bits of information too. You'd easily see a hundred or so dollars disappear at the mention of China and Bitcoin in the same sentence. I'm just glad that basically, all FUD has become little more than a discussion point within the community, with a very minor impact on the market, if any at all. |
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pushups44
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April 30, 2019, 01:43:12 AM |
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It's starting to look like the SEC is deliberately putting roadblocks in front of cryptocurrency projects that aim to be legitimate. I cannot speak about this particular case, but there appears to be a pattern of causing unnecessary and prolonged delays. We are seeing this in their unwillingness to approve a bitcoin ETF. Hopefully they will learn to speed up whatever review process they have and will become more acommodating because this industry is very fast-paced.
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TimeBits
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April 30, 2019, 01:49:13 AM |
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Erickan
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April 30, 2019, 02:21:03 AM |
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The crypto market seems to be no longer salty and influenced by SEC decisions. The SEC has issued a lot of bad judgments for crypto, we are familiar with that. The SEC needs more time to accept crypto, which will not affect the development of crypto. I think this will not affect the price of the market, just like when the SEC refuse bitcoin ETF.
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pooya87
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April 30, 2019, 02:30:13 AM |
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~crypto exchange Bitcoin Generation~
I think this will not afect the price.
why would you even think that this might or might not affect the price?! i have never even heard the name "Bitcoin Generation" and i am sure i am not alone in this as when you search the name on google the result is not even on top! it is in the middle of the page. in other words something nobody even knew existed is suspended  |
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CryptoBry
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April 30, 2019, 02:36:46 AM |
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This is just a small player in the entire market and therefore will not be affecting Bitcoin and its movement in the marketplace. Bitcoin Generation has to face the scrutiny of the SEC and cooperate with the regulatory and monitory agency so that the suspension can immediately be lifted and they can continue do business. These days getting entangled with any governmental office is not always a welcome news...that is why any entity must be careful at all times. The governmental power is one of the many big realities a business has to contend with in order to survive and flourish in this very competitive global economy.
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Rustamm
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April 30, 2019, 02:42:16 PM |
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Usually, any news related to the SEC and Bitcoin affects the price of Bitcoin, but in this case I think this is not the news that will greatly affect the price. Although I do not exclude that there will be a certain percentage of people who want to sell their Bitcoin, as often happens in the crypto sphere.
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Ailmand
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April 30, 2019, 02:54:44 PM |
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SEC would always do things against cryptocurrency and we should know that. This case would never hinder Bitcoin to stay firm and strong. 10 days wouldn't be long enough so it couldn't affect Bitcoin trading and the community that much. In fact, Crypto's going strong and seems like independent that every decision of Sec doesn't affect it anymore.
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Wakhid Mukti
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April 30, 2019, 03:02:12 PM |
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Maybe this is one of the examinations from the SEC, whether the decision to delay the decision can affect the price or not. Again to see how strong BTC and crypto are. FUD and the process of postponing the SEC's decision that continued to occur did not destabilize BTC. In fact, what happened at this time was that BTC experienced a price increase of 1.94 percent.
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Beerwizzard
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April 30, 2019, 03:48:16 PM |
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Well, if one day they ban BTC trading on US then you would probably have to give a shit. SEC would always do things against cryptocurrency and we should know that. This case would never hinder Bitcoin to stay firm and strong. 10 days wouldn't be long enough so it couldn't affect Bitcoin trading and the community that much. In fact, Crypto's going strong and seems like independent that every decision of Sec doesn't affect it anymore.
This is not necessary have to be an anti-crypto action. SEC usually bans forex brokers and controls the other traditional exchanges. If someone is not able to provide a quality service then they would ban it. Quality regulations made US market the best and it may also push crypto exchanges to improve their quality. Considering that Bitcoin Generation is far not the most popular exchange we may think that it deserves to be banned. |
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