Quote from: agu3000 on September 30, 2018, 02:39:22 AM

Quote from: MrPiggles on September 30, 2018, 02:06:34 AM

Quote from: arwin100 on September 29, 2018, 11:53:59 PM

Quote from: Yamifoud on September 29, 2018, 11:45:51 PM

Quote from: vallydelly on September 29, 2018, 07:57:26 PM

It's been long I started hearing that the bear will soon end, the more they say it, the worst it gets, right now i think one of the things that will end the bear market right now is the approval of bitcoin ETF by the SEC, I believe such a news will bring to an end, bear market and take us to a bull run.

People are rejoicing of 2017 hype cause their huge profit but sadly it turns into tears when it suddenly drop and resulting big losses. People aren't satisfied of what they saw on the market price and yet, they couldn't accept the reality about crypto volatility change.
Hopefully ETF approval issues will resolve and give a good result for crypto.

Nope I don't think ETF will be approved at this time since there are so many issue need to cover up by the bitcoins and crypto space and government will found it as a ground for them on not to approve any ETF submission. So maybe we can still experience the bear at this point and hopefully next year will be different story and we could see the bull run coming.

ETF investment funds are very risky because they are speculative funds to make a profit and control this market. I personally hope ETF will not participate in this market because if there is ETF participation everything becomes more chaotic and we will be subject to SEC control.

But I think that the ETF has to buy the BTC (not like the CBOE) and like you said they are here for making money.. so they have to enter the market and buy Bitcoin if that's true this will be the new bottom because they will push BTC to higher levels

I think that people will put their money again in bitcoin and the price will go up again but how much time it will take, it is not sure. Many investors lost their money in bitcoin because of the big fall in the price and now they afraid to reinvest their money in it. Thats why the price is not increasing. I hope that this bearish situation will come to an end soon.