Quote from: Rembedful on September 05, 2018, 12:41:38 PM

Thankfully bitcoin and all crypto people are smart enough to know that rejection from ETF doesn't mean a lick in this market. Even the suggestions to bitcoin and how it got rejected is very important to us. The more rejections we get the closer we get to an accepting. The amount of rejections bitcoin etf can get is limited, in the end one day they will have to accept it and the more rejections we get the closer we are getting to that acceptance.

People want bitcoin ETF, people are asking for it, in the end they will have to give up and just give people what they have wanted. Thats why the more rejections we get the higher bitcoin price is getting, because everyone knows that each rejection makes bitcoin worth more.

ETFs don't have much influence on the price of bitcoin, as you say if the price of bitcoin has dropped by $ 300 because of the rejection of the ETF proposal. but bitcoin prices recovered in an instant.l