Topic: ETF betting (Read 977 times)
This would be a fun bet to do. But instead of betting this on a casino or whatever platform that would offer this bet, I'll just put my money in bitcoins right now. It's better since there is a chance that the prices double if it gets approved or it will just drop in prices if it doesn't get approved. In the latter case, I will still have my money than losing my bet.
It seems to be highly a risky betting. The reason is that now most has given confirmation that the approval is an assured one. In such gambling event odds are found high for etf approval and low for not approved. So anything unexpected will make things worse.
Smart people will not considering gambling event as pale for make a decision. Don't need to panic. Bitcoin ETF approved or not, it will long live.
I'll vote to ETF rejection but the problem i don't have extra bitcoin to bet for now this is what i saw from some people opinion and i think the ETF will reject. but hoping that ETF will be accept and the price will goes up.
Well actually if check on the odds, the YES option got the lower odds and you could know that there is a high chance that it will be accepted. Once it is accepted you could see that the price could get over $2000 so this is more than just a bet this is more like the future of bitcoin itself
Based on what site the odds come from?
The odds based on onehash when I write this post:
Yes: x2.049
No: x1.771
I'll vote to ETF rejection but the problem i don't have extra bitcoin to bet for now this is what i saw from some people opinion and i think the ETF will reject. but hoping that ETF will be accept and the price will goes up.
Well actually if check on the odds, the YES option got the lower odds and you could know that there is a high chance that it will be accepted. Once it is accepted you could see that the price could get over $2000 so this is more than just a bet this is more like the future of bitcoin itself
I'll vote to ETF rejection but the problem i don't have extra bitcoin to bet for now this is what i saw from some people opinion and i think the ETF will reject. but hoping that ETF will be accept and the price will goes up.
i'm not really understand about this but i just seeing the odds for this special event
Yes @1.54
No @2.46
as usual low odds had good opportunity to win the bets but i personally will skip this event
If you likes to bet on event like this, you cant made a bet by looking to the lower odds winning will make your bets win. for example: when the gambling site open bet for usa election, they open looks like hilarry won because they give lower odds for who bet on hilarry but then we know trump win the election. Yes @1.54
No @2.46
as usual low odds had good opportunity to win the bets but i personally will skip this event
I didn't expect odds like these: No @1.54 Yes @2.65 - From what I gathered chances of ETF approval are extremely slim.
At least that is what analysts are saying, so betting for 'NO' in this case seems like a very tempting prospect.
But these odds make me think that maybe there is second bottom in this, like some leaked info maybe?
At least that is what analysts are saying, so betting for 'NO' in this case seems like a very tempting prospect.
But these odds make me think that maybe there is second bottom in this, like some leaked info maybe?
Odds are useless. What do people know about the SEC? nobody knows what will happen, only the people responsible for the decision.
Odds are for random people. If there are people with insider knowledge they are not going to waste time voting on some poll, they will use their insider info to trade.
Realistically is 50/50 cause nobody knows.
It seems to be highly a risky betting. The reason is that now most has given confirmation that the approval is an assured one. In such gambling event odds are found high for etf approval and low for not approved. So anything unexpected will make things worse.
Do not look short term. If you believe in Bitcoin, you should not matter about the decision next week. Even if the ETF will not get approved, the price will dump more or less but mid and long term I am sure the price will reach todays niveau again.
The price keeps growing, im not sure if im going to risk selling, we may see $1400+ before the ETF either gets passed or gets rejected which nobody knows, it is indeed a total gamble, so we will see what happens, for now im just holding and waiting for events o unfold.
Everyone knows the price will keep climbing with or without Winklevoss ETF, the question here is to profit from the ups and downs to make more BTC, and you must take risks for that.
Of course if it passes people that sold or short is FUCKED since I predict it will go to the moon.
I didn't expect odds like these: No @1.54 Yes @2.65 - From what I gathered chances of ETF approval are extremely slim.
At least that is what analysts are saying, so betting for 'NO' in this case seems like a very tempting prospect.
But these odds make me think that maybe there is second bottom in this, like some leaked info maybe?
At least that is what analysts are saying, so betting for 'NO' in this case seems like a very tempting prospect.
But these odds make me think that maybe there is second bottom in this, like some leaked info maybe?
Do not look short term. If you believe in Bitcoin, you should not matter about the decision next week. Even if the ETF will not get approved, the price will dump more or less but mid and long term I am sure the price will reach todays niveau again.
The price keeps growing, im not sure if im going to risk selling, we may see $1400+ before the ETF either gets passed or gets rejected which nobody knows, it is indeed a total gamble, so we will see what happens, for now im just holding and waiting for events o unfold.
The price keeps growing, im not sure if im going to risk selling, we may see $1400+ before the ETF either gets passed or gets rejected which nobody knows, it is indeed a total gamble, so we will see what happens, for now im just holding and waiting for events o unfold.
Lol yeah it is a gamble, i would hold on to my coins and sell when the price will be $2000 or above. I think Bitcoin has small chance to be approved, and what we watch now happened a lot, the price will keep going up, then in one hour we will watch big dump, in every event, the famous media that are involved in crypto currencies try to exploit this event, and the big whales always know what they have to do.
The chances are 30% for approval, if the COIN etf is rejected, there's going to be other bitcoin etf(s). 
The price keeps growing, im not sure if im going to risk selling, we may see $1400+ before the ETF either gets passed or gets rejected which nobody knows, it is indeed a total gamble, so we will see what happens, for now im just holding and waiting for events o unfold.
I think Bitcoin has small chance to be approved, and what we watch now happened a lot, the price will keep going up, then in one hour we will watch big dump, in every event, the famous media that are involved in crypto currencies try to exploit this event, and the big whales always know what they have to do.
I think ETF can aprove bitcoin, but must with some conditions
ETF can aprove with some of the requirements, and regulations that must be fulfilled
ETF can aprove with some of the requirements, and regulations that must be fulfilled
I will not participate in this betting but it is good to know there are site catering for this line. It seems it is leaning more in getting disapproved since no have lower odds. I'll just prepare my bitcoins for trading, selling my bitcoins just before March 11.
Sell half of your bitcoin before march 11 not all, don't expect big dump on price even if ETF doesn't get approved. I am placing bet on against approval, 1.5x odd is not that bad 
and if things went to the other side you still have your remaining and still profits in your side though, placing my bets against approval too mate
i'm not sure yet if bitcoin already been embrace by many people around the globe.
I will not participate in this betting but it is good to know there are site catering for this line. It seems it is leaning more in getting disapproved since no have lower odds. I'll just prepare my bitcoins for trading, selling my bitcoins just before March 11.
Sell half of your bitcoin before march 11 not all, don't expect big dump on price even if ETF doesn't get approved. I am placing bet on against approval, 1.5x odd is not that bad
I will not participate in this betting but it is good to know there are site catering for this line. It seems it is leaning more in getting disapproved since no have lower odds. I'll just prepare my bitcoins for trading, selling my bitcoins just before March 11.
Betting on this event would be good specially to gamblers and bitcoin users itself. Seeing on the odds above seems not exactly to be based on. I would skip this bet and i would only love to see on what would really happen this upcoming ETF.
i'm not really understand about this but i just seeing the odds for this special event
Yes @1.54
No @2.46
as usual low odds had good opportunity to win the bets but i personally will skip this event
You got the odds wrong, for yes it's x2.465 and for no it's x1.546 is what i see on my screen(on onehash). would like to know which site's odds you're referring to?Yes @1.54
No @2.46
as usual low odds had good opportunity to win the bets but i personally will skip this event
So as we know, some people think the ETF will pass and bitcoin will go $2000++
Other people think ETF will not ass and bitcoin will go under $1000 again
both are good opportunities to make more money
What would you bet? ETF passes or rejected? Odds change across sites.
We all know that odds doesn't mean much, anything is possible.
Other people think ETF will not ass and bitcoin will go under $1000 again
both are good opportunities to make more money
What would you bet? ETF passes or rejected? Odds change across sites.
We all know that odds doesn't mean much, anything is possible.
Bitcoin will grow based on community's view on the bitcoin and not with any news related to it.
ETF just create more sets of speculations resulting for a hype. If ETF is one of the straight to the point factor that will take the bitcoin price surges more then it's just an additional funds injected from the market by those investors and not with an addtional great numbers of new people entering the bitcoin world.
If the trend will continue and ETF speculations will established more reasons to believed that the price will increase more then I see $2,000 price range is just a piece of cake to breached.
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