Is Sec regulation making the Bull market slower?

[FlagstaffRevel235]

We yet to see another Bull market after 2017. SEC is significantly regulating the Crypto but it's still yet to be processed. ICos, STOs then ETF, are we going to get any indication for those staff sooner?

[omone1]

SEC is part of the major problem in this space, they don't have resolved decision about bitcoin, they know its worth, but keep struggling to keep it under, not many traders still take the SEC serious anymore, bitcoin still doing well without them. Maybe they are still studying the best time to give an approval about the bitcoin ETF, but let's not bank on them, they really don't represent our best interest.

[DeathAngel]

We didn’t need a bitcoin ETF to have major rallies in the past so I don’t see why we need one now. After the halving, at some point in 2021 there will be a massive move.

[dothebeats]

Regulations are actually good in the long run if the impositions and other aspects of the deal are not intrusive to bitcoin's primary ethos. We have become servants of ETFs and other false hopes for gains that we are forgetting that bitcoin is supposed to be decentralized and free from any central authorities. Of course, it's a compromise that we are taking. Not that we need or have to, it's just that it's there, and there's not much to do about it knowing that almost everyone in this space are keen into learning the developments in the legal facet of the cryptocurrency.

SEC, IMO, is not hindering bitcoin in any way, nor is it directly connected into anything for market movements. It is still the traders' moves to which we are restricted to and not the regulations. Sure, new developments regarding legal developments will have its way on the board but then again, it's not the entirety of what traders base their moves on.

[tsaroz]

We yet to see another Bull market after 2017. SEC is significantly regulating the Crypto but it's still yet to be processed. ICos, STOs then ETF, are we going to get any indication for those staff sooner?

Government and it's decision are going to shape the future of blockchain technology. And it's better to have a slow and Natural growth than have a quick bull followed by a quicker bear. Crypto is infamous as high risk high reward scheme. That is going to hurt both its credibility and profit for long term holders.

[nreal]

The Bitcoin ETF is a push for institutional investors to participate in the cryptocurrency market, which also partially affects the wider adoption of cryptocurrencies across the globe. But it will take a long time for SEC approval

[Tipstar]

Every small details do affect the bitcoin price one way or other. One of the reason for 2018 crash was scams and unaudited works. Investors morale may rise with rising regulations. And for that, they must first consider bitcoin legal.

[cosmicrays]

Yes, that's right. This only slows down the development of the crypto industry. Hopefully the SEC will soon realize their mistake.

[Mulann2]

Honestly i wish there is a better explanation to why this is happening, i don't know why the bulls have decided to be so weak and let the bears have control of them, i expect the bulls to be tearing down all barriers of the bears, pulling them down and taking the market in full-force
am so eagerly waiting to see another bull run but for some wired reason nothing is happening end at end of year where market tends to be at its peak

[ecnalubma]

Regulation is part of the process to ease uncertainties, we need it in order for crypto to be fully embraced by institutional investors it will also serve as assurance for the industry to act accordingly but once the path is clear no doubt the industry will achieve massive growth.

[Coin_trader]

I believe on opposite opinion to OP. SEC is the killer of bitcoin manipulators likes exchanger that do wash trading and faking volume. If SEC was successful to regulate all exchange then we can finally move on to an organic growth.

As we can see on the current event of BTC. BTC price is just on the cycle of pump and dump compared way back 2017 while this current  whales is entering Bitcoin market. Right now they are free to manipulate the price by enjoying the leverage trading and USDT to XBT combo.

[gentlemand]

ICos, STOs then ETF, are we going to get any indication for those staff sooner?

ETF - most likely never.

ICO - you actually want that worthless, empty shit to make a comeback? Even if it were allowed I wonder whether enough people would fall for it again. Probably.

Regulation plays no part in sentiment. When there's a real whiff of dollars in the air people will charge into anywhere they can find.

[El duderino_]

ICos, STOs then ETF, are we going to get any indication for those staff sooner?

ETF - most likely never.

ICO - you actually want that worthless, empty shit to make a comeback? Even if it were allowed I wonder whether enough people would fall for it again. Probably.

Regulation plays no part in sentiment. When there's a real whiff of dollars in the air people will charge into anywhere they can find.

New people just hoping for ICO’s to get rich quickly ain’t hoping for nothing else........
Just the same with all the rest they wishes.....

Guess what, there is no get rich quickly and when you read about those stories then your always late and please don’t try to jump on a similar boat !!! There will only be burn marks if you try

[CryptoBry]

The problem has always been the glaring lack of adoption from the people and from the business community. So why there is that lack of adoption in the first place? Aside from the usual volatility of the digital assets, people are feeling that in this industry there is a lack of security. And it is not the fault of the government. In the first place, if people in cryptocurrency especially with Bitcoin are heavily using the assets in the P2P manner, we would not have any government and its regulatory power coming into the scene that much. But this is not what is happening. Many people are not feeling secured in this industry partly because of the many scams and hacks going on. And that is not the fault of the government. We usually have a distrust with the government because of what happened a decade ago but that concern is now fading, and we could not use that kind of fear anymore these days. Partly the government can be a reason but the biggest reason why bull run is having a hard time to happen is the market itself. When there is an avalanche demand for cryptocurrency no government can do something about it. But when the demand is not that attractive, we usually survey the horizon and just pick up anything to lay the blame for.

[Distinctin]

SEC regulation will might affects the trust of individuals but not really a factor of seeing the current sentiment we had, it is absolutely the lack of crypto adoption and as well as engagement. People are already aware the risk they would able to take in this kind of investment and makes them undecided if the market will remain to its high volatility.

[The Sceptical Chymist]

SEC is part of the major problem in this space

No they're not.  The SEC is one government agency in one country, and they aren't exactly pushing to have bitcoin banned or anything.  I'm not sure you know what you're talking about.

SEC is significantly regulating the Crypto but it's still yet to be processed. ICos, STOs then ETF, are we going to get any indication for those staff sooner?

That first sentence makes no sense whatsoever.  As to the second sentence, who gives a shit if the SEC has banned ICO participation for US citizens and are twiddling their thumbs on the ETF issue?  Those are small things and again, the US is just one country out of over 200.  If an ETF never sees the light of day, that will have zero effect on bitcoin.  It's not needed.  And frankly ICOs are just scams anyway, so that's a non-issue.

To address the title of this thread:

Is Sec regulation making the Bull market slower?

The bull market isn't "slower".  There is no bull market right now if you're looking at the past few months, although if you're looking at the entire year it's a different story.  Bitcoin is up a lot YTD but it doesn't feel like a bull market right now and hasn't for some time.

[Hallmader]

We yet to see another Bull market after 2017. SEC is significantly regulating the Crypto but it's still yet to be processed. ICos, STOs then ETF, are we going to get any indication for those staff sooner?

No. The SEC regulation is making the growth and adoption of crypto harder but it is not going to cause as big problem as halting a bull run or making it slower. The bull run is going to come despite the decision of SEC. The world is big and it is not really dependent on whatever decision the SEC would take. Investors will go for crypto despite the decision of SEC. There is always a way to get away from the tentacles of this agency. The bull run is slow due to slow or little inflow of crypto investment.

[adaseb]

I think after the Winklevoss Twins ETF rejection of early 2017 which caused a huge price crash, nobody is expecting the SEC to approve an ETF ever so they just assume that every BTC application will get delayed or rejected. So it might of been the reason for the delay prior to 2017 but after that it doesn't make a difference.

BTC in my opinion is still in the middle of a correction. Back in 2017 we started out at the 3 digits and basically in less than a year almost hit $20K. Its a crazy streak and needs a badly long correction and price discovery.

Basically I am hoping that we won't trade lower than $4-5K ever in the next year and expect a new ATH sometime in the next 3 years or so. However don't be surprised if we keep trading at $7K for the next few years.

[exstasie]

ICos, STOs then ETF, are we going to get any indication for those staff sooner?

ETF - most likely never.

This director at the SEC makes it sound like it's not so far off: https://bitcointalk.org/index.php?topic=5207587.0

Granted, she's talking about an ETF backed by cash-settled futures. Baby steps.....

ICO - you actually want that worthless, empty shit to make a comeback? Even if it were allowed I wonder whether enough people would fall for it again. Probably.

Definitely. It's really no different than the pink sheet stock market. You have any idea how many pink sheet stocks go to $0? But the market never dies. All we need is some hype and mainstream investors will come running back.

[figmentofmyass]

it's not the SEC. they were rejecting ETF applications at the beginning of the 2017 bubble, and were shutting down ICOs in the middle of the bubble. no one cared and the market kept bubbling up.

face it guys, there's just no hype around bitcoin right now. no hype = no bull market.