Quote from: nambunamba on August 21, 2018, 04:02:36 PM

Quote from: vy99 on August 15, 2018, 03:46:12 PM

For those of you that think that Bitcoin is going down this article proves that it's still the strongest in the cryptocurrency world. Not since December 2017 has Bitcoin been such a dominant part of cryptocurrency.

Full article here: https://bitcoinist.com/cryptocurrency-market-54-bitcoin/

yeah bitcoin dominance keep increasing while market cap is falling, i dont know whether this is the sign for a bull run and i do read many expert think the bull run could happen in march next year, but one thing that i'm sure bitcoin is strugling with the condition of the regulations and adaptation of ETF and etn and many people seems to put much hope in etf and when its get rejected they just sell their bitcoin and i believe this is what caused the market too fall.

Sure, but as you can see from the latest price action, the ETF isn't everything. It might have caused a quick drop as soon as it was rejected, but that didn't last for long. Below 6000 is unsustainable so there will always be buyers ready to jump in there. I'd be buying as much as possible at this point because there isn't any further decline coming.

The ETF would help, for sure. We'd like to see some more money injected from sources other than techies, nerds and hippies. The big investors on the sideline have taken note but are still too nervous to get involved without their precious institutions protecting them