Quote from: talkbitcoin on August 11, 2018, 09:50:03 AM

i am sorry to disappoint you but you seem to have confused bitcoin with one of the 2000 shitcoins out there that get "pumped". there is not going to be any pump.

as for the current price. it is just the ETF panic that is at its end as the weak hands have made their exit and the "rise" will only start when the ETF news comes to an end with SEC rejecting or approving it OR if people start pulling their heads out of their behinds. Wink

Yeah bitcoin doesn't have the ability to be pumped so much anymore with such a large market cap. It needs more money to get it moving so quickly. It'll certainly go up, but it's starting to follow more regular market mechanics now that the market cap is larger.

That ETF is nothing but propaganda from what I see. It's deliberate manipulation of the price and is not a real good reason for the market to swing in one way or another. Just because an ETF is approved doesn't mean that institutional investors will magically dump several million in, and just because it isn't approved doesn't mean money won't still come it.