This decision is really confusing and I find it really disgusting. I just don’t understand how can they overlook the potential the bitcoin has. It will bring nothing better.
Topic: Bitcoin ETF and USA lawmakers - page 2. (Read 465 times)
Bitcoin ETF may be rejected for now but it is clear that it will be accepted, so why there is drama? that's because of speculators but on the one side it is really important for more adaption.
The SEC statement about a possible revision of its refusal to approve ETF-applications, slightly leveled the negative in the market and increased the chances of growth. Having overcome the most important resistance of 6600, which acted as an obstacle for 2 weeks, the pair BTC-USD rushed to the next barrier at 6840. This resistance kept the onslaught of bulls in mid-June-early July and August 22 this year. Its breakthrough will open the way to the development of a local bullish trend. Within the main time we can change our plan and make the decision that will favour us
I didn’t find anything good in this decision. It’s just a dumb decision they made. Bitcoin has so many potential that they couldn’t get. Such a disgusting thing it is.
They are just making whole thing confusing. Still i am hoping that BTC ETF will going to be approved. If not, i don't think it a create long term effect on Bitcoin. And as the law makers have bitcoins i don't they are going to ban it.
It's quite simple. Different people in the government has different perceptions about Bitcoin. I think ETF will be approved but maybe it will take a long time for making the decision.
As far as i know Bitcoin ETF is not already rejected by SEC. They are continuously postponing it. Maybe we will get a decision on 2019. Still i don't think they will ban bitcoin from USA.
members of the USA government different in response to the crypto world, some members choose to make strict rules and some choose to support crypto, the SEC rejects the Bitcoin ETF but does not give a response to US lawmakers who have Bitcoin.
At least you should include those US members you think are into bitcoin. Non US residents doesn't have a clue as to the identif.I think it's not objective, if the SEC wants to ban bitcoin ETF, I think the SEC must ban and confiscate bitcoin from every USA resident, including USA lawmakers.
because many from the USA lawmakers that have lots of Bitcoin.
I really think you misunderstand what a Bitcoin ETF is and what SEC is currently doing on Bitcoin. SEC is reviewing proposals for Bitcoin to be ETF (Exchange Traded Funds). So they are not banning bitcoin, but making sure that Bitcoin ETF should be within their guidelines.because many from the USA lawmakers that have lots of Bitcoin.
he make a statment that crypto has an important role to avoid taxes.
and Bob goodlatte is a USA lawmaker who supports crypto and he has bitcoin assets.
members of the USA government different in response to the crypto world, some members choose to make strict rules and some choose to support crypto, the SEC rejects the Bitcoin ETF but does not give a response to US lawmakers who have Bitcoin.
I think it's not objective, if the SEC wants to ban bitcoin ETF, I think the SEC must ban and confiscate bitcoin from every USA resident, including USA lawmakers.
because many from the USA lawmakers that have lots of Bitcoin.
What the fuck are you on about, the rules for an ETF and the rules for ownership are two very distinctive and different things, what you're saying makes zero sense.I think it's not objective, if the SEC wants to ban bitcoin ETF, I think the SEC must ban and confiscate bitcoin from every USA resident, including USA lawmakers.
because many from the USA lawmakers that have lots of Bitcoin.
I also think that bitcoin ETF will be the first in the USA and that bitcoin ETFs will provide great benefits to the USA community. some of the points we have to pay attention are when USA lawmakers have a lot of bitcoin, I think this bitcoin ETF will be used by many people, if the SEC gives a negative response to the bitcoin ETF, then ETF benefits will not be felt by everyone, including USA lawmakers.
the hard sentence is better the SEC also confiscated all BTC.
I have seen the interviews of SEC official & I am damn sure they too hold lot of BTC. This recent back to back Bitcoin ETF approval rejection is nothing but the pure manipulation as day after the rejection there was news coming from the SEC that they will review the application again. A lot of crypto believer are expecting Bitcoin ETF will be approved in Q1 of 2k19 & no one will going to ban crypocurrency in country like USA.
SEC has already expressed it's prime concern regarding Bitcoin ETF and why they haven't accepted the proposals yet. They are worried about the market manipulation and unfair activities that people can do with Bitcoin to gain personal interests. So, if a ETF proposal comes up which totally removes the scams and manipulation from the equation then it is more likely to get through in the future.
SEC would have prohibited Bitcoin at this point on the off chance that they extremely needed to. All they need is the market to be without control and that is the reason they are dismissing all the ETF recommendations that have been introduced before them. Notwithstanding, after the ongoing open reaction SEC likewise appear to have changed conclusion among themselves with respect to Bitcoin which can be an indication that they are additionally mindful of legislators holding tremendous measure of Bitcoin to themselves.
SEC would have banned Bitcoin by now if they really wanted to. All they want is the market to be manipulation free and that is why they are rejecting all the ETF proposals that have been presented before them. However, after the recent public response SEC also seem to have different opinion among themselves regarding Bitcoin which can be a sign that they are also aware of lawmakers holding huge amount of Bitcoin to themselves.
I don't believe the SEC will ever ban it as some of them are also investors who recognized all the benefits Bitcoin and other cryptos are offering. However, it is sure that we will have some regulations in order to use them in everyday life.
Guy's this is all a gigantic fake news head fake and it appears it's working. The government of America all works for the same person (Isreal/bankers). All the fighting is a show for the masses. They cannot all be up there on the same team screwing us over 24/7/365. We would revolt. So what they do is distract you with this huge show. Some of the guys are fighting for what you believe in (Fox News) the other team is dong shit that drives you mad (MSNBC). It's all there to divide us and keep us from taking action.
The ETF is the way the bankers control things. The ETF will 100% go through. They are manipulating this market right now most likely buying in and laying the groundwork so they can control this thing.
The ETF is the way the bankers control things. The ETF will 100% go through. They are manipulating this market right now most likely buying in and laying the groundwork so they can control this thing.
members of the USA government different in response to the crypto world, some members choose to make strict rules and some choose to support crypto, the SEC rejects the Bitcoin ETF but does not give a response to US lawmakers who have Bitcoin.
At least you should include those US lawmakers you think are into bitcoin. Non US residents doesn't have a clue as to the identif.I think it's not objective, if the SEC wants to ban bitcoin ETF, I think the SEC must ban and confiscate bitcoin from every USA resident, including USA lawmakers.
because many from the USA lawmakers that have lots of Bitcoin.
I really think you misunderstand what a Bitcoin ETF is and what SEC is currently doing on Bitcoin. SEC is reviewing proposals for Bitcoin to be ETF (Exchange Traded Funds). So they are not banning bitcoin, but making sure that Bitcoin ETF should be within their guidelines. because many from the USA lawmakers that have lots of Bitcoin.
First of all ETF and BTC are not related. People are causing unnecessary drama because they are linking this two together and now due to this, the market is in a bad state.
and this is what we are worried about today, many fools are panicking with the conditions of bitcoin today. and finally have a major influence on the bitcoin market, and make the market fall.I think both are related, because it has an important role in the crypto world to maintain the existence of the crypto world.
The US SEC did not ban bitcoin nor are they planning to do so at the moment, they only rejected the bitcoin ETF proposals, which means bitcoin essentially will not be open to institutionals to invest public funds in btc
of course, but rejection of ETFs will have a negative influence on the bitcoin market, meaning that bitcoin will lose some of the volume of trading on the market.I see that ETF must respond positively to ETFs, because public demand is great of enthusiastic about bitcoin, even USA lawmaker has a lot of bitcoin.
First of all ETF and BTC are not related. People are causing unnecessary drama because they are linking this two together and now due to this, the market is in a bad state.
I think people really do not know the difference, also it should be noted that the earlier rejection of the ETF proposals will be reviewed once more for a possible acceptance
The US SEC did not ban bitcoin nor are they planning to do so at the moment, they only rejected the bitcoin ETF proposals, which means bitcoin essentially will not be open to institutionals to invest public funds in btc
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