Post
Topic
Board Speculation
Re: Price will not crash if the ETF is rejected
by
Leonard2016
on 06/03/2017, 04:12:06 UTC
I think a lot of people is going to go bankrupt with their short expectations.

ETF or not, bitcoin is growing and too strong, it will keep growing. If the ETF is rejected, it just means we are closer than we were from an ETF getting accepted. The SEC will give up the final recommendations and changes required for the ETF to get passed the next time. This is a long term race. ETF rejected means nothing. Shorts that are expecting a big crash may have their short positions backfire.

exactly.
and sadly many people don't even understand this. and they will soon lose a lot of money.

if you see the manipulators are setting up the groundwork right now. there are a lot of newbie accounts repeating $800 and $900 prices over and over in all the topics and then signature spammer idiots repeat them afterwards without knowing why.

soon there will be a dump and they all panic sell and price won't even go that far down but those idtiots sell and whales become richer once again.