Post
Topic
Board Speculation
Re: no 1 reason why the bulls are starting real soon!!!
by
Kemarit
on 21/12/2018, 11:02:21 UTC
The stock market crashing is the number 1 sign of a crypto bull run, it's coming!!! also, stocks is pumped through fiat money. In times like this, people will look for gold, silver and even crypto!

and look at the short altcoins boom, and also because people are running away from stocks right now!! this is a good sign that the sec will approve the ETF and bakkt will be launched, to drive BTC to a massive ATH.

I don't think that there's a correlation between the two market though.

Think about it guys, why would they launch ETF and bakkt in a bear market? why SEC keeps delaying etf when they can just reject it straightaway? they know it will have no effect on the price when the market is still bearish and no 1 is buying btc, now with this stock market crash will be perfect time for them to launch!! expect btc to go to the moon!!

Well I have the same theory specially when Bakkt postponed its offering for next year. I'm have the idea that they're just laying out the some ground work before finally going live in 2019 and by that time, perhaps the overall sentiments of the market is quite different, but who knows.

i dont think btc will even shoot past 20k in a bear market even with an ETF if sec was to approve it back then. The market has to be bullish first!
it's no coincidence that this stock market crash lines up perfectly with the last deadline for ETF, it's a heavily manipulated market!

What happened back then is people is waiting for the news before pouring their money on the market, However, SEC also delayed their decision next year, causing the bear market to continue up to this point. I can only speculate that if SEC did approved it in the prior months, the price could have been higher that 5 digits before the end of the year.