Crypto is done. The good days are gone and not coming back.
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.
Crypto is done. The good days are gone and not coming back.
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
LOL I sold the moment I saw that news earlier yesterday. Buying back when we go even lower (if we do).
wizardshogwarts (08-09-2018)
nothing to panic about im sure crypto took worst hits before and got back up
Probably gonna drop like a total of 90% from its ATH before running back up again.
btc has always risen and shall rise agaain!!!!!!!!
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...
Allura (08-15-2018)
More it drop more itll rise