BREAKING NEWS: Bitcoin ETF Decision Delayed By The SEC!



The Bitcoin ETF has been delayed by the U.S. SEC. This news is having a dramatic effect on the Bitcoin market, so in this second video of the day, we’ll discuss …

33 Comments

  1. Whatever is happening to bitcoin is good for its own future as its getting rid of those weak hands they don't belong to crypto anyway. Weak hands are threat to crypto world in many ways.. We want hodlers to make bitcoin what it should in future.

  2. People’s inner tribalism is real… stop talking about support levels. 99% out of all people in crypto don’t give a shit about support levels. Everyone is all about the money. If it drops as significant as it has, people will sell. Everyone wants money. That’s why they sell. If they truly was here for “store of value” they would either hodl forever. Or wait until we know when end where bitcoin will hold at a steady value, like gold.

  3. I think SEC is having pressure from big investors that want to push the price down as much as they can, by creating panic in the market, buy cheap before the ETF and profit more with the subsequent bull-run. Buy the fuckin' dip!

  4. Why I made this comment , reason is that I would never trust 3rd parties involved in Crypto which will be Wall St. and the corrupt banks just look at the Gold and Silver markets , I won't sell my Cryptos because I believe in the technology Plus I still have some hope that the corruption will stop one day hopefully in my lifetime if not my children might get some benefits in the future , please don't be fooled but do your own research .

  5. ETF delay is probably a good thing as it means it’s more likely it will go through in September!

    There’s s very good interview with Trace Mayer and Caitlin Long about Bitcoin ‘financialisation’ that came out recently – worth a listen!

  6. The big players are thinning the herd right now. Do not panic and look at the overall chart. These are big times we are in like never before. Do you really think the institutions are going to invest yet? No. They want rock bottom prices and will force it down. They will use human emotion to get it there. Do not fear.

  7. I think they are postponing the ETF to give the big boys more time to buy in. Never forget, the number of active traders is not even 3%.
    When this gets fully accessible those prices of today we will not see ever again.

  8. what we need to know is.. at time people at new york or (western) time and them buy crypto and giving info thru media.. , and at the morning asian time. almost there will sell all crypto …and this my point is . lot of asian region swiching back to fiat . and western side hope a HODL. this fenomena is normal. when some eat some cry… my 2cent. This is trade war western vs asian.. if ETF approved . this time will be like a storm to people comeback to the market . to me this is about a time. war or die….

  9. what we need to know is.. at time people at new york or (western) time and them buy crypto and giving info thru media.. , and at the morning asian time. almost there will sell all crypto …and this my point is . lot of asian region swiching back to fiat . and western side hope a HODL. this fenomena is normal. when some eat some cry… my 2cent. This is trade war western vs asian.. if ETF approved . this time will be like a storm to people comeback to the market . to me this is about a time. war or die….

  10. I dislike your reasoning, and I think you should have a good think about your logic, your 1st clue is that you think 6800 will hold! ?obv it didn't.

    Next is that you think ETF approval will be bad short term. In a market that is driven by sell the news, how on earth can an etf approval be bad short term? Everybody and their grandma will be pumping it.

    Next is that you think news does not effect or can break market cycles. An ETF can definitely be a catalyst for the start of a new bull run, sure people will argue that the cycle was nearing the end, but how can we know right. Other catalysts such as a break-through in the tech or some other breakthrough.

    Next is that news does not effect in bear/bull markets. It does, it makes things run worse/better depending if we are in a bull or bear market. Depending on the news, if bad for example and in a bear market, the trend worsens, while bad in a bull market, you often see pull backs or corrections, but obv not crashes, the same can be said for good news in a bear trend, we might get some relief rally… LIKE FORE EXAMPLE WE JUST HAD BECAUSE OF THE ETF NEWS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  11. etfs are overrated, does the financial world ever learn? btc has value in and of itself, it doesnt really need to be thrown into a "basket" arrangement in order for it to be a good investment, bitcoin is about better money for the future, not about something for wall street to sell to the mum and dad investors …

  12. Some people are misreading the article and thinking it says that they will have a decision come Sept. Wrong. The wording is there that lets them weasel out of that and delay it further. Expect a decision to be made at the latest possible point, which can be around feb 2019. I don't have the links to prove this, but there's been a solid tweet thread out there that spelled this out perfectly. Wish I had bookmarked it.

  13. your prediction was off, btc is now 6440$ and keeps on falling (seven hours after your video) and if they postpone it to 2019 BTC will be 500$ and all the alts will be dead

  14. I don't think it's panic selling. I think it's simply a short opportunity and people are taking advantage of it. This is really good news to me because they said that they will have a DECISION before Sept 30th. They can push it back legally until December (in steps) but they stated that they will have it no later than the 30th of September. Now we have a real date and I truly believe that there's no way the SEC can responsibly reject the CBOE application next month.

  15. Maybe the SEC is delaying their decision to see how volatile the markets are and to gauge the reaction? It is certainly a possibility. Their job is to protect the interests of investors, and with how fast the market just crashed after this announcement, it is just another reason for them to say no. Look how fast BTC climbed a few weeks ago with the hype that an ETF was coming, and then BTC retraces considerably when the SEC announces they are delaying their decision. I fon't think the SEC looks favorably on these types of responses.

    I think this ETF is a bad thing for BTC as it sort of contradicts its intended purpose. We don't need the ETF, we just need adoption and real life use that takes it out of the "store of value" realm.

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