Advertised sites are not endorsed by the bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
We haven’t seen any huge downfall (as expected) after the decision of ETF. Do you think that we as bitcoin users have not paid any value to the ETF’s decision?
In the case of disapproval, the predictions were floating around below $1,000 mark but we haven’t seen any such mark.
Is it too early to speak about it or we have given a message to the world something like this?
Interested in exploring community’s opinion about it. Bears must be disappointed because they lost the chance to short for huge points.
The reason I can adduced to that is that people in this crypto-world e are getting more mature that we no longer give in to series of panic selling and that all not all news we allow to influence our decisions concerning bitcoin. When the momentum was high concerning what will happen to bitcoin if the decision is negative, I hold the believe that whether ETF or no ETF bitcoin will still stand and we will still be here and thats exactly what happened…
bitcoin is also producing history, and history helps in decision making. People dont want to repeat their mistakes, more so news of speculations are everywhere. more analyst than we use to have. this can save from mistakes
Newbie Offline
Activity: 11
bitcoin is still growing and does not yet belong on etf markets. ETF’S are to similar to stock markets, which would only taint the purity of bitcoin and demoralize the values it stands for. bitcoin is better off independent until it matures and is managed by new era leaders and agents of this generation. The world needs new money, new leaders and new ideas to move into new era.
Legendary Offline
Activity: 910
Crypto-Games.net: Multiple coins, multiple games
Of course the price wasn’t effected. Currently the bitcoin price is almost solely and completely controlled by the Chinese. Why would the Chinese care at all about the approval or disapproval of an American exchange traded fund?
The little downward movement that followed the announcement was the westerners response to the news but that was nothing because the Chinese don’t care.
So are you primarily implying the Chinese have succeeded in monopolize bitcoin ? If that’s the case then what’s the purpose of decentralization?
After heavy regulations imposed by PBOC, I am not seeing Chinese exchanges are not leading the market neither with volume nor with bitcoin prices. Sadly, I do see we are missing heavy players to bump prices harder like what we did see by end of last year.
A typical decentralization system usually poses being controlled by few people but over time we can see decentralization goes further stronger. (like when China can do, why we cannot ?).
Literally bitcoin etf rejection had no effect on bitcoin prices as it was categorized as extra benefit to bitcoin system and not a fundamental thing to affect price levels.
Bermuda bekommt ersten legalen Security Token namens FIRE Palmen, Strand, Finanzgeschäfte – vielen ist das Inselparadies Bermuda als internationale Steueroase bekannt. Seit dem vergangenen Jahr mausert sich der Zwergstaat allerdings zudem als Vorreiter bei der […]
Kodi 17.4 – How to Install MyRiad Addon In this video I’ll be checking out MyRiad on Kodi 17.4. MyRiad, What this addon does is it scrapes a variety of websites and shows you all […]
Meta-Verse – Episode 1 – Turnabout Berserker Tension between Specter Spark and Ed have come to a boiling point, as a simple debate about who’s opinion matters is now enough to send Spark into a […]
