Quote from: Praesidium on August 13, 2018, 05:50:11 PM

Crypto market will recover if many people will decide to buy bunch of token in the market. It wont increase unless those whales plan to buy million dollar worth of bitcoin and etc. However i think it will not happen soon maybr on december or next year.

What makes you think that buying tokens will make the cryptocurrency industry recover? The major cause for the market movements is due to changes in the bitcoin price, rather than a decrease in the relative valuation of tokens. Whether or not altcoin holders and traders like to believe it, the market still follows the moves of Bitcoin, and it's going to continue to be that way until something overthrows it as the number 1, which isn't happening any time soon.

Right now, I think that the introduction of ETFs would lead to a huge spike in cryptocurrency value, and since the people at the SEC are likely aware of this, they'll be using this time to stack their pockets with BTC before finally agreeing to allow ETFs.