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Topic: Anybody predict what the SEC is going to do? (Read 567 times)

hero member
Activity: 1596
Merit: 502
I don't want to predict about SEC because bitcoin can grow with or without SEC. SEC is just a tool and cryptocurrency can live for a long time no matter if SEC is approved or not. So I think I will need a long argument before SEC can approve cryptocurrency but let's wait for what SEC do later, and I only hope that in the end, SEC will approve cryptocurrency.
sr. member
Activity: 994
Merit: 391
I don't care about the decision of SEC. Because with or without SEC, BTC is the biggest revolution. And the price will continue to increase parabolically even the decision is negative.
copper member
Activity: 448
Merit: 3
Without SEC bitcoin first went to $20k, even when the community members were not as much as we have now. I really don't like SEC anymore they can keep their ETF and approval, we are pretty fine and rolling fine, we don't too many government talks here, let's leave things the way they are. They should go after ICO scammers, that is enough job for them.
member
Activity: 795
Merit: 10
The future of crypto doesn't depend on ETF approval, whether SEC approve bitcoin ETF or not crypto will survive. SEC keep delaying the approval and rejecting the proposal. It will be the 1st wonder of the world if any proposal got approved.
jr. member
Activity: 294
Merit: 1
Files.fm - Store, Share and Sell Files
I can't predict what the SEC will do for sure, but of course we have good hopes. In simple terms cryptocurrency will continue to grow well from day to day. Maybe they will continue to consider the best decisions, let's wait patiently. Hopefully a real agreement will soon be there.
hero member
Activity: 1204
Merit: 509
If referring to ETFs, I believe eventually they'll be approved. If not in August, sometimes next year I expect.

I wonder if it'll become moot though as some big companies are going to start their own exchanges. Fidelity is planning on offering btc soon, and others will follow. So those used to traditional investments will have access to crypto just like a mutual fund/etf probably very soon.
member
Activity: 630
Merit: 10
My prediction is that sooner or later, SEC will still approve the ETFs and we will have more concrete measures as regards regulation in cryptocurrency world. Although I am pessimistic of the regulation because it may have some negative implications on the crypto market.

With or without SEC, i am believe cryptocurrency market will survive and growing more biggers. Its because cryptocurrency is decentralized currency and market but i am admit that SEC approval can bring big money to market
we must understand that today there are a lot of scammers in the cryptocurrency market, who steal money from the investor and withdraw money from the cryptocurrency market.  This is one of the biggest problems that prevent the cryptocurrency market from fully developing.  On this basis, a certain degree of regulation should be maintained at all possibilities.
legendary
Activity: 1302
Merit: 1037
This SEC of a thing is making things look more centralized as crypto is decentralized but their intervention for not supporting or support in US has nothing to do with other trading platform but those who want to establish in US are the one facing the issue why others who dont care can find somewhere like Malta, Singapore to establish and the business will be doing fine.
I really wonder why people always rely on USA decision too much for them to live in the world comfortably, this is one of the reason why satoshi created this system, to be independent of all third party and here we are still clamoring for one SEC to approve ETF, so that they can make it a centralized system right? With or without the SEC approval, Cryptocurrency will function properly.

I don’t even see what effect their regulation will have over bitcoin value anyway. SO even if they like, they should spend eternity in approving it, bitcoin is still growing without their much input. So they should not see it as I their approval of the ETF is to our own benefit but to their own benefit.
member
Activity: 700
Merit: 10
My prediction is that sooner or later, SEC will still approve the ETFs and we will have more concrete measures as regards regulation in cryptocurrency world. Although I am pessimistic of the regulation because it may have some negative implications on the crypto market.

With or without SEC, i am believe cryptocurrency market will survive and growing more biggers. Its because cryptocurrency is decentralized currency and market but i am admit that SEC approval can bring big money to market
hero member
Activity: 1190
Merit: 541
A lot of people expect the SEC to pass,I really want it to pass,Boost the cryptocurrency market,In this way, the TNB in my MiaoA account can appreciate! Grin Grin
I don’t expect them to approve this bitcoin ETF soon until they get the full understanding on how they can benefit from the system. So I don’t even look at SEC when I think of factors that is liable to make an increase for bitcoin this year or fundamentals that will serve as speed to the bull run.

SO it is better we don’t hope too much on this unserious agency and just focus on other fundamentals. Funny enough, they might approve the ETF and not even have any effect  on the bitcoin market, because bitcoin is what you can’t really predict what cases it’s increase unlike other markets like stock and forex that is being driven by news.
full member
Activity: 1092
Merit: 117
They probably have more important things to do right now rather than focusing on the cryptocurrency industry in the first place. The good news is that if they wanted to reject it they would have done it earlier without letting people wait so long for a decision. So it's probably only a matter of time until they are going to approve it.
legendary
Activity: 2450
Merit: 1047
A lot of people expect the SEC to pass,I really want it to pass,Boost the cryptocurrency market,In this way, the TNB in my MiaoA account can appreciate! Grin Grin

I expect them to approve it, they are just delaying it and waiting for the right time and the right motives before they approve it, when I say motives, I mean when cryptocurrency is fast becoming the online currency that everyone wants to be associated with, they want to look good in the eyes of everybody and they want a good timing.
member
Activity: 573
Merit: 11
My prediction is that sooner or later, SEC will still approve the ETFs and we will have more concrete measures as regards regulation in cryptocurrency world. Although I am pessimistic of the regulation because it may have some negative implications on the crypto market.
sr. member
Activity: 1008
Merit: 355
A lot of people expect the SEC to pass,I really want it to pass,Boost the cryptocurrency market,In this way, the TNB in my MiaoA account can appreciate! Grin Grin

Are you referring to the ETF applications under the desk of SEC USA? In that case, in my view SEC is just bidding the time for the eventual approval of this financial platform. This is already coming but SEC is just making sure that the right infrastructure and the right timing can be needed before they affix their final approval. I am sure that approval of ETF can spill a big magic beans on bitcoin and the rest of cryptocurrency. How will ETF approval help your TNB, that is something I don't get much.
full member
Activity: 2324
Merit: 175
A lot of people expect the SEC to pass,I really want it to pass,Boost the cryptocurrency market,In this way, the TNB in my MiaoA account can appreciate! Grin Grin

I notice there are so many posts about that TNB, it has nothing to do with Bitcoin regulation except be part of the domino effect that can help every coin to achieve their goal, anyway people have a strong belief that they will eventually approve it, because if they find Bitcoin lacks the essential features to get approved, they will reject it right away, but they are still reserving their decision.
member
Activity: 632
Merit: 60
I think everyone knew in advance that the SEC will postpone the decision on ETF again, on August 19 a new decision will be announced, which will probably be postponed again to October 18. But October 18 is the deadline for when it will be necessary either to deny or to approve the ETF. I think it is worth noting this date in the calendar, as after this event, the market will finally decide in which direction it will move.
hero member
Activity: 1036
Merit: 500
Do not assume too much, you will only hurt because all we know that process is too long and many procedures will need to do and need to passed. So before that just enjoy the moment,hold coins,perform trading to have a good income. Don't be too much excited because if that happened many new regulation will be implemented.
Do you think op actually created this topic because he want to know what SEC is really going to do next, hell no, op is just caring out a shilling plan for TNB as usual and don't really care what SEC does or jot as long as they get paid for shilling a coin that might not worth anything in the future since they choice to start this way spoiling their reputation, my advice to them is that they stop as early as they can to avoid more hatred from investors.
copper member
Activity: 448
Merit: 0
StableDex | Decentralized, Secure & Cost Effective
This SEC of a thing is making things look more centralized as crypto is decentralized but their intervention for not supporting or support in US has nothing to do with other trading platform but those who want to establish in US are the one facing the issue why others who dont care can find somewhere like Malta, Singapore to establish and the business will be doing fine.
legendary
Activity: 3108
Merit: 1029
A lot of people expect the SEC to pass,I really want it to pass,Boost the cryptocurrency market,In this way, the TNB in my MiaoA account can appreciate! Grin Grin

No one can predict what decision the SEC will take in the meeting, but there’s hope that they’ll approve it as the SEC Commissioner Hester Peirce said the time is right for Bitcoins ETFs. I am optimistic that SEC shall approve it as many people have written to SEC with a request seeking approval for Bitcoins ETFs. If SEC finally approves Bitcoin ETFs then it’ll increase bitcoins adoption rate, which shall further boost bitcoins prices in the long term.

Soon or later, i do believe SEC will approve on cryptocurrency market and regulate the market. Crypto market cap value already increase and always growing more bigger, its invited and i think SEC can not ignore it
Until the crypto market will have filled all of requirements that already created by SEC and then crypto can be approved easily.
SEC can't ignore it but we can ignore SEC to after seeing the growth of cryptocurrency right now. Market manipulation has become the main problem that already stated by SEC. especially wash trading.
sr. member
Activity: 2030
Merit: 269
SEC is the most unpredictable government agency in USA.  Grin

I don't know why they are taking such a long time by delaying these Bitcoin ETF proposals proposed by known USA companies. However, I believe that SEC will approve them at some point. Otherwise, they could have easily reject them without delaying them. Therefore, let's think about SEC with a positive mind for these Bitcoin ETF proposals.



Yes, they could have just declined it and just gave a remark that they can still reapply, not making us hope for a positive outcome which they kept delaying for unknown reasons, they want us to wait because they will eventually approve it just waiting for the best time to do so there is pressure for them to delay it and they want a good timing for it.
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