Quote from: dunfida on August 04, 2018, 05:31:34 PM

Quote from: cellard on August 04, 2018, 04:56:00 PM

Quote from: nidacoinlove on August 04, 2018, 05:31:34 AM

Quote from: rabia_laskor on August 04, 2018, 05:00:09 AM

The recent rejects from the ETF could be the major reason of the investors to pull out and has caused the price to fall. But the users should remain calm and should be optimistic because the price will rise.

I think the reasons for the investors to to pull their hands out could be some other.
Lets not talk about the price, we should better talk about the technology to get a good picture of the bitcoin performance. Technologically it seems like bitcoin isn't working proper for the purpose it was introduced.
We had forks in the past which failed then we were expecting the lightning network to bring positive changes to bitcoin to ease the users, which failed as well. Now what are the developers doing to make Bitcoin perform better.
In my opinion until the technological issues are not resolved Bitcoin price may not progress or even if it's price go high it will not be capable to maintain that level of price and growth.
There are some other reasons as well that affect the prices but pressure from those could be reduced if Bitcoin get of technological crises.
We should demand for a better technology and not for the price, price will be automatically increase when we will be offered efficient transaction system with low fees.

These are not "investors" but speculators.

If you are pulling your money in and out out of an asset given X news, you aren't a damn investor, you are just hoping to make a quick buck.

To qualify as an investor you have to study the fundamentals and have a long term view. Obviously anyone that thinks the SEC decision on this or that ETF or future matters for Bitcoin is clearly not understanding the fundamentals of Bitcoin and not an investor by any means. They are just trying to profit from the ups and downs, that's a trader/speculator.

None of these clickbait articles go beyond the latest USD price.

I do even believe that most people doesn't even know completely on whats ETF which most people do just ride on the trends by just hearing out and doing Fomo due to speculations of price shootup.It did happen but only a small percentage hike but now we are seeing the support lines again and breaking already previous strong support. Now we are heading back to 6800.
If we do talk about investors between traders or speculators then there would really be a difference on how they do foresaw about crypto.

Yeah these words are just reasons for people to start speculating about Bitcoin shooting to the moon again. It doesn't matter what an ETF really is, or the negative implications of the massive institutional stream of money poisoning the decentralized essence of Bitcoin, as long as the price jumps up on it.

Those who are just here to ride trends will continue to fish for events like this and do little to no research on them. This is the same kind of person who bought gold in 2011 or marijuana stocks last year. They buy into it because everyone else is and they want to turn a quick buck