Topic: ETF decision before 11th March (Read 2576 times)
how I wish I was one who took advantage to the dumping of price of bitcoin after the rejection of the etf.
Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
We're looking at a drastic and immediate increase in demand so it does matter. At least in the short term. I think Bitcoin will grow, it'll grow faster if the miners can approve a way to increase blocksize too. The greatest threat to bitcoin in the future is the limitations of bitcoin. If it gets approved, I'll keep what BTC I have nd immediately buy more and ride the wave to the crest. If it gets denied, I'll hold what I have and buy when it bottoms out. Either way, I'll be buying BTC.
you were definitely right mate. the disapproval of ETF has also brought a huge impact to bitcoins price. it just dump so hard after the disapproval and those who just bought bitcoin that time is already getting profit these days since bitcoins price are now pumping and kicking back to 1200$ just like before the SEC rendered its decision. so lucky are they!
Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
We're looking at a drastic and immediate increase in demand so it does matter. At least in the short term. I think Bitcoin will grow, it'll grow faster if the miners can approve a way to increase blocksize too. The greatest threat to bitcoin in the future is the limitations of bitcoin. If it gets approved, I'll keep what BTC I have nd immediately buy more and ride the wave to the crest. If it gets denied, I'll hold what I have and buy when it bottoms out. Either way, I'll be buying BTC.
you were definitely right mate. the disapproval of ETF has also brought a huge impact to bitcoins price. it just dump so hard after the disapproval and those who just bought bitcoin that time is already getting profit these days since bitcoins price are now pumping and kicking back to 1200$ just like before the SEC rendered its decision. so lucky are they!
Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
We're looking at a drastic and immediate increase in demand so it does matter. At least in the short term. I think Bitcoin will grow, it'll grow faster if the miners can approve a way to increase blocksize too. The greatest threat to bitcoin in the future is the limitations of bitcoin. If it gets approved, I'll keep what BTC I have nd immediately buy more and ride the wave to the crest. If it gets denied, I'll hold what I have and buy when it bottoms out. Either way, I'll be buying BTC.
Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
It matters for those who want to know(including myself) and people who are interested to invest because it'll surely affect the price of bitcoin once the decision is announced. We know the price is expected to increase but it might take another halving before we reach to that certain price floor. And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
Does it really matter when the SEC will announce it?
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
And does matter if it is a yes or a no in the long run?
Do we really wanna make us dependent from a decision of a central authority as Bitcoiners??!!!
Come on guys!!
Bitcoin will grow in terms of it's network size, it's ecosystem and as well in monetary value also without an ETF!
We've done that the last 8 years! And we will do so in the future and reach $2k or $3k easily!!!!
I've followed that ETF stuff way too much myself to be honest.
But I know that in the long run it doesn't really matter if such financial vehicle exists for Bitcoin or not.
People are claiming both ways. Unless they have inside knowledge it's anyone's guess. The worst would be for them not to make decision. it would be equal to saying yes but would be ambiguous until Monday night at midnight. Even then, if they made a decision but didn't announce until later it would be shitty.
If you think logically, then it means that they would have to announce their approval or disapproval on a Saturday if you look at 11 March, that doesn't really make any sense. 13 March (Monday) is the only date (also logically) that we will finally end all speculations regarding this ETF.
https://news.bitcoin.com/secs-first-bitcoin-etf-deadline-is-actually-march-13-not-march-11/
I read a news site here that the date change until 13 March
http://www.newsbtc.com/2017/02/06/sec-faces-march-11-deadline-bitcoin-etf-decision/
http://www.newsbtc.com/2017/02/06/sec-faces-march-11-deadline-bitcoin-etf-decision/
So, what s the date now, 11th, transferred to 10th due weekend, or 13th??
People are claiming both ways. Unless they have inside knowledge it's anyone's guess. The worst would be for them not to make decision. it would be equal to saying yes but would be ambiguous until Monday night at midnight. Even then, if they made a decision but didn't announce until later it would be shitty.
I read a news site here that the date change until 13 March
http://www.newsbtc.com/2017/02/06/sec-faces-march-11-deadline-bitcoin-etf-decision/
http://www.newsbtc.com/2017/02/06/sec-faces-march-11-deadline-bitcoin-etf-decision/
So, what s the date now, 11th, transferred to 10th due weekend, or 13th??
I read a news site here that the date change until 13 March
http://www.newsbtc.com/2017/02/06/sec-faces-march-11-deadline-bitcoin-etf-decision/
http://www.newsbtc.com/2017/02/06/sec-faces-march-11-deadline-bitcoin-etf-decision/
I don't expect any news until the 13th. I think they already extended the deadline to include Monday, as they won't announce anything on Saturday.
Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell Bitcoin), then when it happens, sell the news (buy Bitcoin).
I expect a weekend pump if they really don't announce until Monday, unless there is a leak.
Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell Bitcoin), then when it happens, sell the news (buy Bitcoin).
I expect a weekend pump if they really don't announce until Monday, unless there is a leak.
The problem with that line of logic, more people think it'll be approved. There is a survey on this forum and most speculators are leaning towards approval. You've got a bubble in this thread where you think negatively. Some of it based on bad speculation like the price drop.
If more people think it will be approved, then the price will definitely drop if it's not approved. That would be a good time to buy as much as we can at the lower price before it goes back up again.
Agreed, should be able to make money either way.
I don't expect any news until the 13th. I think they already extended the deadline to include Monday, as they won't announce anything on Saturday.
Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell Bitcoin), then when it happens, sell the news (buy Bitcoin).
I expect a weekend pump if they really don't announce until Monday, unless there is a leak.
Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell Bitcoin), then when it happens, sell the news (buy Bitcoin).
I expect a weekend pump if they really don't announce until Monday, unless there is a leak.
The problem with that line of logic, more people think it'll be approved. There is a survey on this forum and most speculators are leaning towards approval. You've got a bubble in this thread where you think negatively. Some of it based on bad speculation like the price drop.
If more people think it will be approved, then the price will definitely drop if it's not approved. That would be a good time to buy as much as we can at the lower price before it goes back up again.
I don't expect any news until the 13th. I think they already extended the deadline to include Monday, as they won't announce anything on Saturday.
Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell Bitcoin), then when it happens, sell the news (buy Bitcoin).
I expect a weekend pump if they really don't announce until Monday, unless there is a leak.
Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell Bitcoin), then when it happens, sell the news (buy Bitcoin).
I expect a weekend pump if they really don't announce until Monday, unless there is a leak.
The problem with that line of logic, more people think it'll be approved. There is a survey on this forum and most speculators are leaning towards approval. You've got a bubble in this thread where you think negatively. Some of it based on bad speculation like the price drop.
If more people think it will be approved, then the price will definitely drop if it's not approved. That would be a good time to buy as much as we can at the lower price before it goes back up again.
I don't expect any news until the 13th. I think they already extended the deadline to include Monday, as they won't announce anything on Saturday.
Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell Bitcoin), then when it happens, sell the news (buy Bitcoin).
I expect a weekend pump if they really don't announce until Monday, unless there is a leak.
Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell Bitcoin), then when it happens, sell the news (buy Bitcoin).
I expect a weekend pump if they really don't announce until Monday, unless there is a leak.
The problem with that line of logic, more people think it'll be approved. There is a survey on this forum and most speculators are leaning towards approval. You've got a bubble in this thread where you think negatively. Some of it based on bad speculation like the price drop.
Drama is already on, there is huge correction going on price right now may be someone from inside know what will be the decision. If it don't got approved there is high chance that price will go even more down to almost 1000$ range but if got approved we will see real price surge.
Insider trading may be a thing but I don't believe this is the case. Who can know what the SEC will do? Only people in the government. Do you think there are bitcoin whales with SEC-tier access to the documents? Im not sure about that. We are still in the early days, most bitcoin whales are computer nerds and cryptoanarchysts. The businessmen whales like Winklevoss are a tiny minority.
Well, it is possible.
If the people within SEC leak out some info to their family members or friends and tell them to buy a shit ton of bitcoins on their behalf because they know it's going to get approved, or to short sell as much bitcoin as possible on their behalf because they know it is going to get rejected. Although probably that isn't going to happen due to the nature of SEC as a government agency, it is possible.
I'd say it's a good thing this gets approved, more exposure will be good for larger adoption and maybe this will get more people worrying about the current backups in transactions which will hopefully force a breakthrough on this matter.
Well yes. It'll offer a lot more options for the investors for sure.
I'd say it's a good thing this gets approved, more exposure will be good for larger adoption and maybe this will get more people worrying about the current backups in transactions which will hopefully force a breakthrough on this matter.
I don't expect any news until the 13th. I think they already extended the deadline to include Monday, as they won't announce anything on Saturday.
Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell Bitcoin), then when it happens, sell the news (buy Bitcoin).
I expect a weekend pump if they really don't announce until Monday, unless there is a leak.
Buy the rumour sell the news in this case would seem to mean that you should sell now and buy back lower after the announcement.
It seems fairly universal that people expect the ETF not to be approved, so buy that rumour (sell Bitcoin), then when it happens, sell the news (buy Bitcoin).
I expect a weekend pump if they really don't announce until Monday, unless there is a leak.
I'm getting nervous on this. LOL. Anyways, another milestone in bitcoin history whether approve or not. The whole bitcoin community will be all ears come Friday or Monday. I hope the result will be favorable to us so that bitcoin price will rise and most likely be adopted by a lot of merchants globally. But If something doesn't went our way, I think expect a drop in price. I'm speculating that the price will go as low as $900 as base. This is just my opinion.
Speculation may be partially behind the price drop. But one of the three Chinese exchanges that had withdrawals frozen allowed trading to resume. That's a months worth of BTC for some massive mining operations being dumped to cover expenses.
That has to be one of the factors. Also, if ETF is denied at the same time the other two open, get ready to buy because you could see some 2014 pricing.
That has to be one of the factors. Also, if ETF is denied at the same time the other two open, get ready to buy because you could see some 2014 pricing.
In case of approval, would this open a precedent, giving "sure of approval" to future ETFs (maybe even from other cryptocurrencies)? Or each case is examined separately by the US regulatory bodies?
No. i think if approved only bitcoin...
is examined by SEC
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