Re: SEC rejects Bitcoin ETF again. Bear market to continue.

Quote from: cryptokwuk on July 27, 2018, 02:57:51 PM

With the few bulls still standing the ETF was basically their only hope of a recovery. Now that the ETF has been rejected again we can expect a long term serious bear market to continue exactly as i predicted.

https://www.coindesk.com/winklevoss-brothers-bitcoin-etf-rejected-by-sec-for-second-time/

Lol cryptocuck owned so fast again. The market is recovering quickly because only noobs are paying attention to the ETF. Massive green candle short after you created this thread, looks pretty hilarious now in retrospect.

We are going to be testing 9k soon. Also even if ETF is irrelevant for Bitcoin, some progress is being made at the institutional level because we have SEC Commissioners disagreeing with the resolution:

https://www.sec.gov/news/public-statement/peirce-dissent-34-83723#.W1o-36vBMDU.twitter

So with or without ETF we are going for ATH.