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Crypto is done. The good days are gone and not coming back.
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08-08-2018 #1Expert Member
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Bitcoin Loses $7,000 Support After ETF Delay, Altcoins Suffer Large Losses
The Securities and Exchange Commission late Tuesday delayed a decision on an application for the first bitcoin-related exchange-traded-fund. The regulator said it planned on making a decision on the proposed ETF from VanEck and SolidX on Sept. 30. A decision was expected no earlier than Aug. 10, 45 days from the time the ETF duo submitted their application for the fund. The price of bitcoin moved lower after the news, with a single bitcoin [s:btcusd] last changing hands at $6,877.26, down 0.6%, since Monday 5 p.m. Eastern Time on the Kraken exchange. The SEC's announcement comes 12 days after a similar bitcoin ETF by Cameroon and Tyler Winklevoss was rejected on July 26.
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08-08-2018 #2MPGH Expert
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08-08-2018 #3
ThreadstarterExpert Member
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Originally Posted by gangster08
Nah, dont think so.Last edited by wizardshogwarts; 08-08-2018 at 02:50 PM.
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08-08-2018 #4I AM THE LAW
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Same, some random news isn't going to kill cryptos lmao Originally Posted by wizardshogwarts
THE EYE OF AN ADMINISTRATOR IS UPON YOU. ANY WRONG YOU DO IM GONNA SEE, WHEN YOU'RE ON MPGH, LOOK BEHIND YOU, 'CAUSE THATS WHERE IM GONNA BE
"First they ignore you. Then they laugh at you. Then they fight you. Then you lose.” - Dave84311
HAVING VIRTUAL DETOX
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08-08-2018 #5I'm a whisky kind of guy
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LOL I sold the moment I saw that news earlier yesterday. Buying back when we go even lower (if we do).
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The Following User Says Thank You to Hugo Boss For This Useful Post:
wizardshogwarts (08-09-2018)
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08-08-2018 #6
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Even if Bitcoin ETF's don't pass, it eventually will. Gov needs to focus on regulations so crypto isn't manipulated every second day.
I barely use MPGH IM, Send me a private message to reach me faster!
Also I currently don't sell anything!
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08-09-2018 #7
Kim Taeyeon the Best Taeyeon 
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Originally Posted by Allura
pls btc don do dis
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08-09-2018 #8
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If anything is is good news. It means SEC didn't just come out right and say no to ETF's. They are taking more time to review it. Its just the whales took advantage of the news, and crashed the price. Originally Posted by Syurito
pls btc don do disI barely use MPGH IM, Send me a private message to reach me faster!
Also I currently don't sell anything!
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08-09-2018 #9Expert Member
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nothing to panic about im sure crypto took worst hits before and got back up
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08-09-2018 #10I'm a whisky kind of guy
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Probably gonna drop like a total of 90% from its ATH before running back up again.
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08-10-2018 #11Banned
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bitcoin is dead
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08-10-2018 #12Banned
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btc has always risen and shall rise agaain!!!!!!!!
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08-12-2018 #13New Member
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Bitcoin historical crashes:
2011: Bitcoin fell 94%
2013: Bitcoin fell 87%
2014: Bitcoin fell 83%
2018: Bitcoin fell ~70%
Bitcoin’s drop was not a bubble burst. It's normal crypto volatility. You can't kill an idea. Especially with such a strong network and ecosystem around it. Also, notice a trend? Each drop is less than the previous...
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The Following User Says Thank You to bratulic For This Useful Post:
Allura (08-15-2018)
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08-12-2018 #14Banned
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More it drop more itll rise
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