Quote from: FlamingFingers on May 05, 2017, 03:14:31 PM

Quote from: xIIImaL on May 05, 2017, 03:02:50 PM

Quote from: rajasumi3 on May 05, 2017, 02:18:34 PM

Yes the big crash is coming ,as the approval from SEC is coming nearby soon on 15th may ,on the other hand if still there is rejection there might be a possibility that the price of crash to a lot extend that it might drop down to 1000$.

Is there any proof or article reference for this information bro. Bitcoin price is continuosly bumping and touched new peak value today and price is seems set as 1612$ in the Coindesk chart. Is there any reason for the dump you mentioned. I do not think that bitcoin price will see again the fork pop in the near future.

Well, as always, when SEC rejects Bitcoin ETF (like it has done before), the price of Bitcoin always takes a dip down, then start to rise again that's why. But if this year was exceptional enough that SEC would accept/approve Bitcoin ETF, nothing would pause Bitcoin price from rising.

http://www.coindesk.com/sec-denies-solidx-bitcoin-etf-proposal/

Yes, I am also confident that there will be no approval. And I'm also almost sure that after the bitcoin gets a regular refusal, there will be a collapse. But I hope that bitcoin will stand this test. And its price will drop to 1200-1300 dollars.