Quote from: BlackRose220 on August 20, 2018, 02:55:14 PM

what is etf i dont know about that

Quote from: close up on August 20, 2018, 02:14:02 PM

I don't know about what the hell is ETF. Can anyone tell me what is ETF and why did most of the people sells btc once it got approved?

Too lazy to do a google search?: Google.com:ETF

Quote from: BrewMaster on August 20, 2018, 01:53:53 PM

if SEC not approving ETF was a sure thing then there could not be a drop by the time they reject it. a drop or a sell off happens when people didn't expect something bad to happen, but if they start expecting it to happen then they would sell sooner than the actual incident and by the time the "incident" happens there is nothing left to sell and there will be only buys rising the price.

The latter usually happens during a bearish market. During a Bull run, we can only expect a correction.
But the real sell-off driver here are the trader's fear of Authorities' intervention fueled by FUDs throughout the internet.
We can't really tell what will be the majority's reaction once it happen but, history can tell.

@nicktalman93 Does this (Article intro with a link) significantly increases that blogsite's traffic? 'Cause I'm seeing a lot of this type of thread here in the Speculation Board.