Topic: [2019-2-8]US SEC to Approve Bitcoin ETF Soon, Commissioner Robert Jackson Reveal (Read 114 times)
February 11, 2019, 03:46:13 PM
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February 10, 2019, 08:36:11 PM
coinidol is such trash. he definitely didn't imply anything about "soon" and he didn't even say it was inevitable. here's the full quote:
he hopes and thinks that eventually an ETF application will meet their standards.....
Quote
Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so. Getting the stamp of approval from the deepest and most liquid capital markets in the world is hard, and it should be. Once we make it available to everyday mom and pop investors, we are taking risks that Americans can get hurt.
he hopes and thinks that eventually an ETF application will meet their standards.....
Agreed. Another clickbait title from that site. However, news like these appear when the bitcoin hype machine is beginning to move again hehehe. This might the a sign.
February 10, 2019, 03:15:28 PM
It is a little misleading in that it is not going to be approved soon. His words are hopeful though in that it is likely to be done at some point, probably later this year. This could be why it has pumped a bit
February 09, 2019, 08:33:05 PM
Really? How soon? This is just an articles made to sell the news but if you carefully read at the context, it is just a false hope. Because for me, if it is going to happen then it is definitely going to be yes answer than saying it will happen sooner.
February 09, 2019, 05:15:22 PM
I wonder who is the main one to blame for the price drop?
Everyone is in a way. I'm sure that even the most firm hodlers have unloaded a part of their total number of coins. I have sold some as well, and I'm happy that I did because I bought back more coins than I had before.The interesting thing about bull runs is that when you're going through one, you don't really see it as a bull run, but a continuation of growth, and that after every increase we go through.
Yes, you can say that people were stupid to buy at $20k, but they are only stupid in hindsight. If the price went up to $30 or even $40k, which was possible if there were more fiat on-ramps, these buyers would be in the profits.
There is no way to know where the party ends....
February 09, 2019, 02:55:57 PM
I'm pretty sure most people figured this out even without SEC commissioners thinking it could happen eventually. It's just a matter of logical thinking; they have certain requirements that must be met, and they will be met at one point in the future.
Every delay or rejection means that the entities trying to get an ETF approved know where to improve, and if the market within the US is generating more volumes, which Bakkt and Nasdaq will definitely help with, then the SEC basically doesn't have much left to reject it anymore.
I find it quite interesting how each time news outlets manage to find something to report about when it comes to ETF's. I have to credit them for their creativity and consistency.
Every delay or rejection means that the entities trying to get an ETF approved know where to improve, and if the market within the US is generating more volumes, which Bakkt and Nasdaq will definitely help with, then the SEC basically doesn't have much left to reject it anymore.
I find it quite interesting how each time news outlets manage to find something to report about when it comes to ETF's. I have to credit them for their creativity and consistency.
February 09, 2019, 08:40:47 AM
coinidol is such trash. he definitely didn't imply anything about "soon" and he didn't even say it was inevitable. here's the full quote:
he hopes and thinks that eventually an ETF application will meet their standards.....
Quote
Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so. Getting the stamp of approval from the deepest and most liquid capital markets in the world is hard, and it should be. Once we make it available to everyday mom and pop investors, we are taking risks that Americans can get hurt.
he hopes and thinks that eventually an ETF application will meet their standards.....
You saved people from falling into the error of this news channel.
February 08, 2019, 05:35:12 PM
[...]
with this, people would run to buy many bitcoins, hoping that ETF approval was something concrete and inevitable and days later people would find out that Commissioner Robert Jackson said something else and the news channels distorted his words, so people with they would sell their currencies with losses. I wonder who is the main one to blame for the price drop?
coinidol is such trash. he definitely didn't imply anything about "soon" and he didn't even say it was inevitable. here's the full quote:
he hopes and thinks that eventually an ETF application will meet their standards.....
Quote
Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so. Getting the stamp of approval from the deepest and most liquid capital markets in the world is hard, and it should be. Once we make it available to everyday mom and pop investors, we are taking risks that Americans can get hurt.
he hopes and thinks that eventually an ETF application will meet their standards.....
You saved people from falling into the error of this news channel.
February 08, 2019, 05:05:57 PM
coinidol is such trash. he definitely didn't imply anything about "soon" and he didn't even say it was inevitable. here's the full quote:
he hopes and thinks that eventually an ETF application will meet their standards.....
Quote
Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so. Getting the stamp of approval from the deepest and most liquid capital markets in the world is hard, and it should be. Once we make it available to everyday mom and pop investors, we are taking risks that Americans can get hurt.
he hopes and thinks that eventually an ETF application will meet their standards.....
February 08, 2019, 02:28:46 PM
The digital currency markets have been collapsing in terms of pricing restraints since the bubble of December 2017. The bear market is currently being in full vacillation, with the crypto ecosystem in awful need for some great news. Nevertheless, there might be a better situation after the long hardship experienced, with Robert J. Jackson Jr. - the Commissioner US Securities & Exchange Commission, revealing that he is optimistic the Bitcoin (BTC) exchange-traded fund (ETF) is “potentially inevitable.”
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-etf-soon/
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-etf-soon/
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