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Topic: BTC ETF SEC APPROVED on MAY 15th - page 3. (Read 8845 times)

newbie
Activity: 16
Merit: 0
May 14, 2017, 08:48:09 AM
#89
And when will we get results to react immediately? No one knows?
full member
Activity: 156
Merit: 100
May 14, 2017, 01:24:06 AM
#88
I hope Sec will reject one time again,current price rise has nothing with EFT.It is all about technology improvement

That is right. It is better to be approved when there is less risk.
legendary
Activity: 1288
Merit: 1087
May 12, 2017, 01:01:50 PM
#87
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.
legendary
Activity: 2576
Merit: 1655
May 12, 2017, 01:00:12 PM
#86
I hope Sec will reject one time again,current price rise has nothing with EFT.It is all about technology improvement

Uh.... The ETF will be a welcome tool for institutions to let their millions (potentially billions) flow into Bitcoin -- aside from the low chances of it being approved on second shot, how can you hope that it will be rejected? Also, mind explaining what "technology improvement(s)" you are talking about? As it is, the technological improvement (SegWit) that basically everyone is waiting for, is still far away from being activated. Current growth is the result of mainly the increased overall demand, demand from Japan, speculation about the ETF, etc.

So true. This 2 are the major factors why the price is bitcoin is moving so fast now. But we all know that if ETF is reject there will be panic again and the price could be down. So let's just not worry about the ETF and just let other positive news influence its price after the reject. Japan and other countries had already invested so much on bitcoin and even the ETF rejection will not let those investors just abandon bitcoin ecosystem.
newbie
Activity: 16
Merit: 0
May 12, 2017, 12:17:30 PM
#85
And where will the information appear immediately when the decision is made public? Where it will be possible to learn at once?  To understand whether to buy bitcoins, or wait until the price falls. Maybe anyone know the site or anything else  Roll Eyes
legendary
Activity: 1232
Merit: 1091
May 07, 2017, 06:05:18 PM
#84
I hope Sec will reject one time again,current price rise has nothing with EFT.It is all about technology improvement

Uh.... The ETF will be a welcome tool for institutions to let their millions (potentially billions) flow into Bitcoin -- aside from the low chances of it being approved on second shot, how can you hope that it will be rejected? Also, mind explaining what "technology improvement(s)" you are talking about? As it is, the technological improvement (SegWit) that basically everyone is waiting for, is still far away from being activated. Current growth is the result of mainly the increased overall demand, demand from Japan, speculation about the ETF, etc.
legendary
Activity: 3080
Merit: 1353
May 07, 2017, 01:44:30 PM
#83
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.

i think if rejected, much people can dump bitcoin
the big bitcoin investor can playing price to buy bitcoin in low price with dump

We have not seen a huge dump during the first rejection of ETF, and a bitcoin price increased on the 2nd rejection of Bitcoin ETF.  I do not think that the upcoming decision after SEC review the Bitcoin ETF  have a major effect on bitcoin price if it gets rejected.  It may pump the price if the decision is reversed and accepted the Bitcoin ETF since it will bring in more fund to Bitcoin economy.

I think the first rejection of SEC coupled by the scaling issue, causing the big dump below $1000. But if ever the review will result in the same decision, there could be minor price decrease, but it would not like the dump on the first rejection. Bitcoin price is more stable than ever, and I don't think the rejection will cause it to drop below $1000. Investors or even casual traders are already matured  to think on just dumping bitcoin. Unlike before, we have already have a country backing up bitcoin, Japan leading the way in terms of trading volumes at 50% everyday.
Pab
legendary
Activity: 1862
Merit: 1012
May 03, 2017, 01:13:03 PM
#82
I hope Sec will reject one time again,current price rise has nothing with EFT.It is all about technology improvement
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 03, 2017, 12:56:19 PM
#81
Whoever is brave enough, should open a short on may 15. It's impossible, simply impossible that it gets approved, so we know the outcome.

What we don't know is if the market will act predictable (with a sell off) or troll us and nothing will happen and potentially the rise will continue.

If there is a sell off then shorts will make tons of money.

But lots of experienced analysts like Tone Vays predict $2000 by august, so we are going to see an interest development in price. Either nothing happens or we see a flash crash with a flash recovery.
I think the reaction of the market will depend on the conditions of the market at the moment, if there is  a strong upwards tendency then I don’t think it is wise to short bitcoin but if the market is stagnant or with a downward trend then shorting bitcoin maybe an option.
newbie
Activity: 23
Merit: 0
May 03, 2017, 03:51:32 AM
#80
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.
Probably another denial, because the SEC doesn't like Bitcoin due to risk.  Why would they want to approve something even remotely risky? It doesn't make them money.
legendary
Activity: 1442
Merit: 1016
May 03, 2017, 03:34:41 AM
#79
No one is expecting that the ETF will get approved just because it gets reviewed again.
So I can not imagine a big dump happening after the next rejection getting announced. Sure someone may try to shake the market but if you're smart you just ignore that short timeframe and I'm sure we'll be back on track pretty quick.
legendary
Activity: 2954
Merit: 1153
May 03, 2017, 12:35:52 AM
#78
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.

i think if rejected, much people can dump bitcoin
the big bitcoin investor can playing price to buy bitcoin in low price with dump

We have not seen a huge dump during the first rejection of ETF, and a bitcoin price increased on the 2nd rejection of Bitcoin ETF.  I do not think that the upcoming decision after SEC review the Bitcoin ETF  have a major effect on bitcoin price if it gets rejected.  It may pump the price if the decision is reversed and accepted the Bitcoin ETF since it will bring in more fund to Bitcoin economy.
sr. member
Activity: 322
Merit: 252
May 03, 2017, 12:22:00 AM
#77
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.

i think if rejected, much people can dump bitcoin
the big bitcoin investor can playing price to buy bitcoin in low price with dump
There won't be a big dump in the price. In the past Etf approval several things has been quoted which can't be fulfilled in two months time. And as above mate mentioned big investors might try to play causing a dump and make use of it. But this time dump won't happen, because last time a big dump was expected which has been outlawed.

There will most likely be a flash crash of 10 or 20% but that's the price fluctuation you can expect from bitcoins on any given day so whoop dee doo. I highly doubt it's going to get approved, but if it does we are going to explode through the moon and head into the sun.

I've heard some people say it could negatively affect the price. Is that possible?

If it does take off, how far can it go? Can bitcoin be really expensive and be useful still? I mean I suppose it is already you don't necessarily need to have 1 whole bitcoin to use it I suppose the value is what you get no matter what price it is.
legendary
Activity: 966
Merit: 1042
May 02, 2017, 08:50:03 PM
#76
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.

i think if rejected, much people can dump bitcoin
the big bitcoin investor can playing price to buy bitcoin in low price with dump
There won't be a big dump in the price. In the past Etf approval several things has been quoted which can't be fulfilled in two months time. And as above mate mentioned big investors might try to play causing a dump and make use of it. But this time dump won't happen, because last time a big dump was expected which has been outlawed.

There will most likely be a flash crash of 10 or 20% but that's the price fluctuation you can expect from bitcoins on any given day so whoop dee doo. I highly doubt it's going to get approved, but if it does we are going to explode through the moon and head into the sun.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
May 02, 2017, 08:39:07 PM
#75
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.

i think if rejected, much people can dump bitcoin
the big bitcoin investor can playing price to buy bitcoin in low price with dump
There won't be a big dump in the price. In the past Etf approval several things has been quoted which can't be fulfilled in two months time. And as above mate mentioned big investors might try to play causing a dump and make use of it. But this time dump won't happen, because last time a big dump was expected which has been outlawed.
hero member
Activity: 588
Merit: 500
May 02, 2017, 06:48:08 PM
#74
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.

i think if rejected, much people can dump bitcoin
the big bitcoin investor can playing price to buy bitcoin in low price with dump
legendary
Activity: 882
Merit: 1001
May 02, 2017, 06:15:15 PM
#73
Didn't hear of this going for it's second approval attempt but that could be the reason for the optimistic view thus the rise in price in the last couple of days to the current level it is of now.
Knew there had to be a reason and I do think it will be passed this time since last time it did not reach the ath and was not past gold prices at the time. But now is it's second coming and it has passed the old asset of investors and more appealing to those same people now it has overshot that mark of excellence or the gold standard if you will.
sr. member
Activity: 291
Merit: 250
May 02, 2017, 04:10:28 PM
#72
I disagree once coin was not approved the price did decrease but then rebounded very fast, much more quickly then many thought thus showing the stability of bitcoin. If not approved again by sec I see no change in price.
There should be a small correction when the SEC rejects once again ,it is just a reaction we see from the market but as long as there is more investors because of the Japanese market the price will hold firm,but looking at the past history whenever there is a negative news the market do correct and then rebound and that is what i am expecting in this case as i do not believe that there will be a approval even this time around.
legendary
Activity: 1204
Merit: 1028
May 02, 2017, 01:17:38 PM
#71
Whoever is brave enough, should open a short on may 15. It's impossible, simply impossible that it gets approved, so we know the outcome.

What we don't know is if the market will act predictable (with a sell off) or troll us and nothing will happen and potentially the rise will continue.

If there is a sell off then shorts will make tons of money.

But lots of experienced analysts like Tone Vays predict $2000 by august, so we are going to see an interest development in price. Either nothing happens or we see a flash crash with a flash recovery.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 02, 2017, 12:37:40 PM
#70
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.
If it was approved I think bitcoin will skyrocket, but lets be honest, that is not going to happen it was not approved a few months ago and there is no reason to think that anything has changed and could get us that approval.
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