The tittle makes one think that there was no hope to begin with, but there was and is, the problem is that the Btc market is manipulated thus SEC has to protect investors.
Trump can have some small pressure but it coes down on the SEC commissionaires.
Topic: Donald Trump's Gives Gives Hope For ETF Future (Read 236 times)
It's obviously that SEC will delay the approval of ETF since there's no time frame and they'll use this to heightened the fears and uncertainty in the community thus manipulating the price.
I'll just grab my popcorn in the meantime and watch all these dramas to be over. Just too tired by this undying issue.
I'll just grab my popcorn in the meantime and watch all these dramas to be over. Just too tired by this undying issue.
While you grab popcorn, may i invite you to see the world famous Bitcoin Obituaries?. They're right here: https://99bitcoins.com/bitcoinobituaries/
There is really no rush into getting some big change about Cryptocurrency approved so quick. They can still delay some months more, for example. Why not invest more meanwhile?
The people who have their eyes open and can really see are the ones who always gets the most benefits.
I think the US president will not directly affect Bitcoin. Because cryptocurrencies can negatively impact his reputation if the cryptocurrencies prove to be a failure.
...
Also, ETFs could be a double edged sword for BTC/ETH, there's no guarantee it will cause a price spike.
Also, ETFs could be a double edged sword for BTC/ETH, there's no guarantee it will cause a price spike.
I think an ETF approval would play out like the launch of the Bitcoin Futures.
A huge price rise in advance of the news of the approval and in advance of the launch
date. Afterwards a huge dump as people take profits. Bitcoin only really
goes on a crazy bull run if there is a catalyst for such a run (MtGox manipulating the market,
BTC Futures, block reward halvings...).
The current sideways price action is at least partly caused by the lack
of a catalyst for a bull run. Besides, the downside risk is also limited, because the price
is not much higher than the average cost of mining a single Bitcoin.
if this can be realized by Trump, then the price of bitcoin will be recovery again, but in my opinion it is a very difficult thing because currently the US and China trade wars are heating up again.
etf definetly be approved and it will be on 29 December.
you forgot to mention what makes you think "this time" will be any different from the 30 other times that they rejected ETFs not even including all the times they postponed it
i may be wrong about this part but didn't SEC postpone their decision for 2019?
Donald Trump’s latest SEC pick gives hope to future ETF, top Chinese court rules evidence on blockchain admissible and more.
Get more info here:
https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-and-more-20323/
etf definetly be approved and it will be on 29 December.Get more info here:
https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-and-more-20323/
Donald Trump’s latest SEC pick gives hope to future ETF, top Chinese court rules evidence on blockchain admissible and more.
Get more info here:
https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-and-more-20323/
If your analysis is accurate, why should prices fall?Get more info here:
https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-and-more-20323/
Uncertainty raises market concerns
And works on the escape of money
Let's wait and be quieter in analysis.
Donald Trump’s latest SEC pick gives hope to future ETF, top Chinese court rules evidence on blockchain admissible and more.
Get more info here:
https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-and-more-20323/
If your analysis is accurate, why should prices fall?Get more info here:
https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-and-more-20323/
Uncertainty raises market concerns
And works on the escape of money
Let's wait and be quieter in analysis.
Trump is very intelligent person, who understands what can be of value and what is not. He has a great influence not just because he is president, but because he is an intelligent person who knows how to overcome obstacles. His support for bitcoin will have a very significant impact on the situation.
Donald Trump’s latest SEC pick gives hope to future ETF, top Chinese court rules evidence on blockchain admissible and more.
Get more info here:
https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-and-more-20323/
Get more info here:
https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-and-more-20323/
It's interesting to see that pro crypto enthusiasts are on the Sec board, now 3 out of 5 on the board support bitcoins etf proposal. It's also pertinent to note they have already clarified there's no specific time limit when they'll approve it, which makes me wonder is this another ploy to delay the inevitable and cause panic?. Also isn't it questionable that these people are already biased towards bitcoins?, while I'm looking forward to the Bitcoins Etf their decisions may come under scrutiny later on.
That's an amazing news. Previously the US securities and exchange commission has rejected the Bitcoin ETF proposal multiple times. It is claimed that the new appointed us securities and commission head Elad Roisman might approve Bitcoin ETF soon.
Perhaps readying down the line once he loses the presidential elections?
Well I think this is another gimmick of the present administration to convince the people that they are all in for progress, while the SEC commissioners don't really care at all. Traders are eagerly waiting for just one ETF approval and I'm pretty sure the price will go nuts, but in reality even without ETFs, bitcoin can move forward though we have to admit that having such added into the economy just boosts the thing even further. Hopefully though this goes as planned and as advertised by the Trump administration, while a part of me don't really believe into it at all.
Well I think this is another gimmick of the present administration to convince the people that they are all in for progress, while the SEC commissioners don't really care at all. Traders are eagerly waiting for just one ETF approval and I'm pretty sure the price will go nuts, but in reality even without ETFs, bitcoin can move forward though we have to admit that having such added into the economy just boosts the thing even further. Hopefully though this goes as planned and as advertised by the Trump administration, while a part of me don't really believe into it at all.
Donald trump is anti-science and anti-progress, I really don't think anything he does is going to help the current state of the economy. Also, ETFs could be a double edged sword for BTC/ETH, there's no guarantee it will cause a price spike.
Even if the President himself supports ETF, I think it's more than real ! After the introduction of ETFs in Bitcoin will come a lot of money and it will mean a new uptrend. The US government is also interested in ETFs as it will allow them to earn, and I think Donald trump being both a President and a businessman is all well calculated ! I think that you need to slowly start investing in bitcoin but just be careful and buy it in parts.
Donald Trump is a businessman as well as a lover of Cryptocurrency, which is the more reason he is interested in the ETF been approved upon. No doubt this news will cause a major upward trend in the price of Bitcoin and cryptocurrencies alike if/when approved.
Even if the President himself supports ETF, I think it's more than real ! After the introduction of ETFs in Bitcoin will come a lot of money and it will mean a new uptrend. The US government is also interested in ETFs as it will allow them to earn, and I think Donald trump being both a President and a businessman is all well calculated ! I think that you need to slowly start investing in bitcoin but just be careful and buy it in parts.
If President Donald Trump is paying attention to the bitcoin market, it's a real boost to electronic money and will make Bitcoin prices rise. Thank the US voters for a brighter future for Bitcoin.
It is a good thing that there seems to be a hope for bitcoin ETF after all. Because even before, the people had their beliefs that the bitcoin ETF will not get approved again since it was rejected before too.
Donald Trump’s latest SEC pick gives hope to future ETF, top Chinese court rules evidence on blockchain admissible and more.
Get more info here:
https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-and-more-20323/
Get more info here:
https://cryptocoin.news/videos/bitcoin-this-week-trump-gives-hope-to-bitcoin-etf-evidence-on-blockchain-admissible-and-more-20323/
Why should we start expressing hope because of the selection of certain people into the committee while the composition could mean something, its not enough to express hope until the decision is eventually made because when decision that involves ETFs, it goes beyond the committee. The committee can decide to its favour but all stakeholders in the financial industry would be needed to ensure its success which means if all those variables are not put properly addressed and made to fall in line, it's dead on arrival.
Aside that, federal positions are not something you used for the benefit of your primary constituency as that would mean partisanship that every professionals would want to do against and avoid it to be that obvious in their decision making.
The fact that Iceland has decided to raise its economy is a great opportunity to become one of the first countries that create their national cryptocurrency. This is a big breakthrough with the bitcoin ecosystem. But in any case, as other people have said, bitcoin will always be the first coin in the world.
What do you mean by “first country that has national cryptocurrency?”i believe its venezuelan government who created first am i right?
But this is one good news for cryptonians and a cause for celebration,iceland is one good country that has lots of visitors yearly,their tourism is bringing them more income and entering crypto community will give another opportunity for our virtual money to be used and another part of the world
Iceland gives the opportunity for tourists to pay with bitcoin to enjoy a holiday in their country, it is good if this has been realized, surely tourists will have good access in crypto so they are satisfied with traveling in Iceland.
As a crypto lover, this is a positive thing about bitcoin which is starting to have a place in countries in the world. I think every country will think of a step like this well and wisely about digital money.
Trump is one of the variables I most fear. I'd rather he never say anything on twitter about Bitcoin. Any idea or pronounced of it can be devastating. Since he sometimes does not seem to think very well before commenting on something.
He can say something totally favorable and Bitcoin reaches 100k. Or he can say that it is a currecny used by a terrorist and want to banish, and then I have no idea what the price would be.
I just follow his Twitter every day to anticipate the worst case.
He can say something totally favorable and Bitcoin reaches 100k. Or he can say that it is a currecny used by a terrorist and want to banish, and then I have no idea what the price would be.
I just follow his Twitter every day to anticipate the worst case.
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