what your opinion about this?

[maklampir]

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

[ayatoslaw]

it could be, but maybe there are other reasons why the price of bitcoin falls, like there are issues about bitcoin, or whales that are moving the market. but just wait for bitcoin prices to rise again after this.

[expander]

Is that true? I only know the cause of the decline in bitcoin prices due to the number of requests and offers. In addition, the decline in bitcoin was caused by a massive sale of panic.

[PhiliPPs]

It seems to me hardly.  After all, Bitcoin is not tied to gold or silver.  The price of bitcoin depends on the level of capitalization, which is now very low!

[gribble]

I know that the cause of the decline in bitcoin prices is usually due to the many requests and offers that cause a decrease in bitcoin prices. and I don't think it's related to gold or silver. the price of bitcoin depends on the now very low capitalization rate and makes a big panic sale.

[Speaker]

The rate of such currency as bitcoin is formed due to active demand, as it happens with other currency assets. But since bitcoins have a low total capitalization, the bitcoin rate is strongly influenced by the mass excitement and large players. Every user who has a certain number of this currency can raise or collapse the market if he catches the confusion of beginners in the market. Global demand and the fall of any e-currency occur regularly, and it depends on the willingness of users to buy e-currency. The rate of such a cryptocurrency as bitcoin is growing with a high demand for any cryptocurrency.

[Marryan]

Bitcoin is not connected to silver or gold anyhow.
I think it depends on peoples investments and that's it.

[orbit]

states want to block this system.but they will not succeed.Because the blockchain technology is excellent.and digital coins will replace the real coins after a while.

[JSD10M]

Bitcoin price dropped because there are more seller than buyers. It will pump because there will be more buyers than sellers. Bitcoin is present in many countries, USA SEC decision has a minimal effect imo

[Asebaby]

in very rumor thier is an atom of true,so this could be true and it can be the affect of the drop maybe it for a regulatory purpose thats why the it is been traded in stock market exchange.

[Anggit]

I don't think in that direction, in my opinion that pushing up and down the prices of bitcoin is the coin holders themselves, the more they sell, the more the price goes down and the more people buy the prices, the more they go up.

[ComeBack]

That time I think that's not the only reason why the price dropped suddenly. But let's hope that this incoming new update will going to bring good news.

[bountyecrire]

I believe SEC will approve ETFs next year. Doesn't matter what they think about bitcoin or crypto, they might say it is money, they might say it is securities. However in the end corporate money will force them to regulate crypto world, and markets will be flood with corporate money. (This is what i believe. Otherwise we're f...

[Dinid]

I think it's okay.
Bitcoin fund shouldn't be mixed with gold and other luxurious metal. I think that's a nice idea. Because these are differents.

Don't worry. It is not a big problem. In the fact, we can still trade btc with other alts or fiat right now 👍

[jings009]

yesterday the American Stock Exchange (SEC) "REFUSED" Bitcoin funds were rotated on an exchange together with gold, copper, and silver. that's why yesterday Bitcoin dropped in price
(please correct me if I'm wrong), what your opinion about this?

I think there's a reason why they refused, maybe we just call it "Market play" i give you an idea, some country especially  for those big country they can control the price for their interest.