Topic: BTC ETF SEC APPROVED on MAY 15th - page 2. (Read 8815 times)
It will be the same as before, etf will be rejected. And after so many times, I do not think etf acceptance or rejection will still have an effect on bitcoin. There is so many factors now that can affect the price positively. If etf got rejected again, it will not pull the price down.
Bitcoin is getting reconsidered once again do you think its going to get approved or denied? Approval does it mean BTC rockets up ? Denial does it mean it takes a dump like in March? May 15th is the last day of approval.
its just too soon for them to have a sudden change of heart dispite the rocketing prices but am certain we are getting the same answer for the second time of asking.
Interesting poll going on here: https://twitter.com/themerklenews/status/863701606990176256 clearly most users do not favour bureaucracy
Hoping to be approved by this time despite of disapproving so many times, and if that happens bitcoin price will suddenly blow its price and thats the thing ive been waiting for.
Let's hope for the best. In reality during the past appeals for Etf several statements have been put forth that need to be fulfilled to get it approved. This time the time gap between consecutive appeals is very low to fulfill all the necessity. So this time too everything is gonna be an expectation till revealed about the result.as far as i can remember last time they rejected ETF with main reason being "it is not regulated" and also "the price is too volatile" and nothing about these two have changed, bitcoin is not regulated yet and price is still volatile.
so unless there is something more that i don't know, they will reject it once again.
Hoping to be approved by this time despite of disapproving so many times, and if that happens bitcoin price will suddenly blow its price and thats the thing ive been waiting for.
Let's hope for the best. In reality during the past appeals for Etf several statements have been put forth that need to be fulfilled to get it approved. This time the time gap between consecutive appeals is very low to fulfill all the necessity. So this time too everything is gonna be an expectation till revealed about the result. 
It wont happen
Hoping to be approved by this time despite of disapproving so many times, and if that happens bitcoin price will suddenly blow its price and thats the thing ive been waiting for.
That would just be a speculation bubble because people would assume that more people would invest in bitcoins. Anyone can invest right now and absolutely nothing is stopping them, so how would this actually change anything?
Hoping to be approved by this time despite of disapproving so many times, and if that happens bitcoin price will suddenly blow its price and thats the thing ive been waiting for.
Virtually no chance it gets approved
They are bureaucrats, no chance of them saying they made a mistake and will approve this imho.
Especially, I think it has been less than 90 days since last rejection
Agree they may add a few statements regarding recent events but I presume the status quo will remain as is.
Although we will know for certain tomorrow what the plan is regarding this ETF application.
So will the price of bitcoin drop if the etf is not approved or is the price already built in? The price is still pretty high right now, so I think it could still drop.
Virtually no chance it gets approved
They are bureaucrats, no chance of them saying they made a mistake and will approve this imho.
Especially, I think it has been less than 90 days since last rejection
Agree they may add a few statements regarding recent events but I presume the status quo will remain as is.
Although we will know for certain tomorrow what the plan is regarding this ETF application.
Virtually no chance it gets approved
They are bureaucrats, no chance of them saying they made a mistake and will approve this imho.
Especially, I think it has been less than 90 days since last rejection
I totally agree with mindrust. ETF approval would twist bitcoin into something completely opposite of what it's been created for, and soon take away the freedom it strives to bring us. It'll become just another disposable gambling game for banksters backed up by corrupted governments. I simply can't believe that some of you people are actually hoping that it happens.
Which freedom we exactly got from Bitcoin and how it is destroyed with the ETF?
I am amazed that you, as bitconer, ask such things. We ain't there yet of course, but it's the freedom from exploitation by the banksters. Yeah, same those organized criminal minds some of you people are inviting with that ETF bullshit - which I hope, never gets green light. Some day we can and should become mainstream, but on our terms. Not theirs.
People are happy because institutional capital will make sure the price eventually will reach levels beyond what people consider realistic at this point.
Sure, but it is short-sighted and with all due respect - not very smart view. We could destroy one really great idea, for what? Peanuts.
I totally agree with mindrust. ETF approval would deform bitcoin into something completely opposite of what it's been created for, and soon take away the freedom it strives to bring. It'll become just another disposable gambling toy for banksters backed up by corrupted governments. I simply can't believe that some of you people are actually hoping that it happens.
People are happy because institutional capital will make sure the price eventually will reach levels beyond what people consider realistic at this point. If you ask people if they want to see the price reach $15,000 or $20,000 at some point, they obviously won't say no. But indeed, in worst case scenario Bitcoin will become a toy for institutions and whatever other big money entities. I personally don't have any problems with that, but I understand why others may not really like this. Either way, with or without ETF's - current holders will win big time.
I totally agree with mindrust. ETF approval would twist bitcoin into something completely opposite of what it's been created for, and soon take away the freedom it strives to bring us. It'll become just another disposable gambling game for banksters backed up by corrupted governments. I simply can't believe that some of you people are actually hoping that it happens.
Which freedom we exactly got from Bitcoin and how it is destroyed with the ETF?
I totally agree with mindrust. ETF approval would twist bitcoin into something completely opposite of what it's been created for, and soon take away the freedom it strives to bring us. It'll become just another disposable gambling game for banksters backed up by corrupted governments. I simply can't believe that some of you people are actually hoping that it happens.
I hope Sec will reject one time again,current price rise has nothing with EFT.It is all about technology improvement
there is no technology improvement. there is also no technology improvement on the horizon. i also think that anyone buying with etf expectations is about as stupid as can be.
Don't forget that Australia will accept Bitcoin as fully legal payment method, we should expect another BTC price surge after that.
start to embrace the system hope big bitcoin can be? no question about the price surge but we should start to contributing and allow more
investors to join so they can also got something from this good investment that we have.
And when will we get results to react immediately? No one knows?
By the time you as average Bitcoiner finds out the result, it's most likely already too late to act. Never wait for something to happen, always act in advance.If you think that a positive/negative statement from the SEC will impact the market significantly, then you have to take action right now since we're less than 48 hours away from this event.
Just think about it, the chances for the ETF to remain rejected are higher than it miraculously getting approved. It will be an easy choice for people if they do happen to take action.
I personally won't do anything in relation to this event as I prefer to keep hodling.
ETF approval would be the end of bitcoin. This shit is even more dangerous than Jihan WU to me. You guys are waiting for it to be approved and seeing it as a good thing but it is not. Hope for the best so it will never ever get approved. If they deny it, because of people like you; prices fall down a little. Maybe a couple of hundreds. No big deal. But if it gets approved;
Bitcoin will be just another toy for the Bankers to play with.
Right now, we are able to buy&and sell bitcoin itself. It is an honest trade. You know what you buy, you know what you sell. When bitcoin gets approved as an ETF, there will be many artificial markets built upon bitcoin.
Derivatives.
When you hear the term, "derivative", you should run a thousand miles away from there. Here is a couple of articles about the derivatives and how they fuck us:
http://www.zerohedge.com/news/2016-05-24/derivatives-market-about-implode-big-banks-again
http://investmentwatchblog.com/the-root-cause-of-the-2008-financial-meltdown-derivatives/
http://www.investopedia.com/articles/economics/09/subprime-market-2008.asp
https://youtu.be/uCfSmjd3YuQ
Bonus read: https://www.sunshineprofits.com/gold-silver/dictionary/gold-manipulation/
Bitcoin will be just another toy for the Bankers to play with.
Right now, we are able to buy&and sell bitcoin itself. It is an honest trade. You know what you buy, you know what you sell. When bitcoin gets approved as an ETF, there will be many artificial markets built upon bitcoin.
Derivatives.
When you hear the term, "derivative", you should run a thousand miles away from there. Here is a couple of articles about the derivatives and how they fuck us:
http://www.zerohedge.com/news/2016-05-24/derivatives-market-about-implode-big-banks-again
http://investmentwatchblog.com/the-root-cause-of-the-2008-financial-meltdown-derivatives/
http://www.investopedia.com/articles/economics/09/subprime-market-2008.asp
https://youtu.be/uCfSmjd3YuQ
Bonus read: https://www.sunshineprofits.com/gold-silver/dictionary/gold-manipulation/
And when will we get results to react immediately? No one knows?
By the time you as average Bitcoiner finds out the result, it's most likely already too late to act. Never wait for something to happen, always act in advance.If you think that a positive/negative statement from the SEC will impact the market significantly, then you have to take action right now since we're less than 48 hours away from this event.
And when will we get results to react immediately? No one knows?
By the time you as average Bitcoiner finds out the result, it's most likely already too late to act. Never wait for something to happen, always act in advance.If you think that a positive/negative statement from the SEC will impact the market significantly, then you have to take action right now since we're less than 48 hours away from this event.
I hope Sec will reject one time again,current price rise has nothing with EFT.It is all about technology improvement
there is no technology improvement. there is also no technology improvement on the horizon. i also think that anyone buying with etf expectations is about as stupid as can be.
Don't forget that Australia will accept Bitcoin as fully legal payment method, we should expect another BTC price surge after that.
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