ETF Rejected - page 3. | Bitcointalksearch.org

numismatist

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Quote from: Kashim on March 11, 2017, 03:45:08 AM

its good news for bitcoin .... let bitcoin be bitcoin and have nothing to do with the stock ex...

In some ways Bitcoin always positioned itself as an alternative to stock markets and classical bankerism. I am slightly irritated about the hopes hinged onto an ETF.

Cashew

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I knew it would be rejected. It seems to price sank a bit, but still resists as for now. Let's hope it does not go too deep or we might disturb the good equilibria we built lately.

thesavoyard

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Quote from: bamboylee on March 11, 2017, 04:22:36 AM

Most of us expect it to be disapproved anyway. Even the price drop did not last that long, unless there is a second wave of dump coming. I think we will stay at the current price level for a while.

Still have the Chinese exchanges that will open soon, that will cause a dump. Plus the people that didn't see the news. It could lead to another large dip. Let's hope it's larger than this tiny one.

bamboylee

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Most of us expect it to be disapproved anyway. Even the price drop did not last that long, unless there is a second wave of dump coming. I think we will stay at the current price level for a while.

Juggy777

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This is not really surprising at all. Ninety nine per cent of Bitcoin users would have known this was bound to happen. Why in the world would SEC allow this. I am glad this news is finally out and people can move on from this to a bigger picture. As far the price is concerned I really don't think it should be effected at all. Maybe some users will put up posts about how bad it is, and how they will see Bitcoin going down. I don't think so, the global economy is yet not stable. And I really don't see why there any need to worry. I feel other events will influence the price, time to finally move on.

Xester

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Quote from: ebliever on March 10, 2017, 05:09:47 PM

https://www.sec.gov/rules/sro/batsbzx.htm

Well thats something to be expected. Its not a shocking news and thats not something to cause the holders to worry and panic. Even with the disapproval of ETF the price of bitcoin remains the same and if there are changes it is not significant. This just displays that bitcoin holders does not really care or affected too much by the approval or disapproval of ETF.

jakelyson

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And the price dropped for a while there. It even hit below 1000$. But it recovered quickly. Lucky are those who have buy orders on that level, they have instant 100$ + profit in less than a day. At least that is all to it with ETF, no Bitcoin crash. I guess it will be a while before we can see an ETF getting approved be SEC.

Billen

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Quote from: Kashim on March 11, 2017, 03:45:08 AM

Quote from: Amph on March 11, 2017, 02:47:58 AM

Quote from: Farma on March 11, 2017, 01:36:20 AM

Well, when ETF rejected because they said that bitcoin is still too early, it makes little change in prices will be lower. I hope, it does not really give the effect of the price decrease. one day they would approve bitcoin.

what i heard is not that, they said basically that exchange are not ready because they are not well regulated to protect money of citizen corretly, if they want to use them

for this reeason they refused the acceptance of bitcoin, i always said that for the government it's all about regulation, without that nothing will be done, bitcoin need to be regulated like fiat if we want worldwide adoption

its good news for bitcoin .... let bitcoin be bitcoin and have nothing to do with the stock ex...

That is correct. I can know XRP coins to be traded as ETF but it's down all times. I want bitcoin to be just a bitcoin .

Kashim

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Quote from: Amph on March 11, 2017, 02:47:58 AM

Quote from: Farma on March 11, 2017, 01:36:20 AM

Well, when ETF rejected because they said that bitcoin is still too early, it makes little change in prices will be lower. I hope, it does not really give the effect of the price decrease. one day they would approve bitcoin.

what i heard is not that, they said basically that exchange are not ready because they are not well regulated to protect money of citizen corretly, if they want to use them

for this reeason they refused the acceptance of bitcoin, i always said that for the government it's all about regulation, without that nothing will be done, bitcoin need to be regulated like fiat if we want worldwide adoption

its good news for bitcoin .... let bitcoin be bitcoin and have nothing to do with the stock ex...

Amph

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Quote from: Farma on March 11, 2017, 01:36:20 AM

Well, when ETF rejected because they said that bitcoin is still too early, it makes little change in prices will be lower. I hope, it does not really give the effect of the price decrease. one day they would approve bitcoin.

what i heard is not that, they said basically that exchange are not ready because they are not well regulated to protect money of citizen corretly, if they want to use them

for this reeason they refused the acceptance of bitcoin, i always said that for the government it's all about regulation, without that nothing will be done, bitcoin need to be regulated like fiat if we want worldwide adoption

albama

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Quote from: ebliever on March 10, 2017, 05:09:47 PM

https://www.sec.gov/rules/sro/batsbzx.htm

yes, That is bad news for bitcoin and it's leading to decrease the price in next days. I predict it could be down under 1,000$ .However we can buy bitcoin with cheap price .

Zadicar

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Cashback 15%

Quote from: shintosai on March 11, 2017, 01:41:05 AM

Quote from: Farma on March 11, 2017, 01:36:20 AM

Well, when ETF rejected because they said that bitcoin is still too early, it makes little change in prices will be lower. I hope, it does not really give the effect of the price decrease. one day they would approve bitcoin.

still believing that they will accept it in near future as they see that there's a lots of people all over the world that really hoping this can be added so for sure they will forward for that and in due time they will accept the voice of many aspirant and supporters.

If they rejected bitcoin for the first time it would be considered as final decision since they already saw what does bitcoin have and its capabilities and disadvantages thats why they reject it and accepting it on future would be really hard,yet we should not lose hopes and one day they would able to realize.

Silberman

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Quote from: SportbetMaster on March 10, 2017, 05:14:20 PM

sell panic coming Grin

I don't think anyone thought that ETF will be approved but I don't think we are in the middle of a panic selling, it is understandable the price is going to suffer but we are not going to see a complete dump of bitcoin.

royalfestus

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Quote from: xezirone on March 10, 2017, 06:22:54 PM

Quote from: thesavoyard on March 10, 2017, 05:37:20 PM

Alright China, time to open the markets so they can sell off too. I want to see a $200 BTC!!!

Yeah i'm totally agree with you, the time they open their markets it will be a big sell off too!!
Really i thought the ETF was going to be approved

The govt of china has also ordered the control of withdrawal of bitcoin, and the suspension of withdrawal is with further notice. There might be no trade from Chinese exchange soon

stomachgrowls

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Quote from: BTC786 on March 11, 2017, 12:29:58 AM

I don't think it will go further down $1000. It will be stable for this price range 1100 - 1200

I think the same thing too and this rejection just only make the price go down but not even lowering to $1k pricepoint which do really indicate that bitcoin does really have a good support and cant be easily dumped just like what happened before on previous years when theres a hard dump it almost goes back to the bottom.

mkc

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Pretty true about US government, LOL

Picture a angry kid, I want my FAIR share. Sorry USA, bitcoin is the only fair currency.

Quote from: Johnny00 on March 10, 2017, 05:13:25 PM

The US government haven't found a way to make money from it. ...

Sled

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Quote from: shintosai on March 11, 2017, 01:41:05 AM

Quote from: Farma on March 11, 2017, 01:36:20 AM

Well, when ETF rejected because they said that bitcoin is still too early, it makes little change in prices will be lower. I hope, it does not really give the effect of the price decrease. one day they would approve bitcoin.

still believing that they will accept it in near future as they see that there's a lots of people all over the world that really hoping this can be added so for sure they will forward for that and in due time they will accept the voice of many aspirant and supporters.

It is not late for the SEC to study the bitcoin well because i think they just need more time in doing research and doing study about bitcoin before they approve it because the bitcoin is too young for them to trust and they need more proofs that bitcoin is not that easy to defeat kind of thing so we should not be disappointed for thins kind of rejection. In my opinion Grin

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JanpriX

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Buy The F*cking Dip

Well, saw this one coming. I'm hoping that it'll be accepted but with the volatility that it showed for the past weeks, there's no way that SEC will approve it. Also, the government can't still find the solution to control it in a way that they can do anything they want to BTC. The end result is the denial of ETF. Expect more volatility regarding BTC's price in the coming days. And ready your money to buy some cheap bitcoins. Its a great time to make some profit out of this chaos.

shintosai

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Quote from: Farma on March 11, 2017, 01:36:20 AM

Well, when ETF rejected because they said that bitcoin is still too early, it makes little change in prices will be lower. I hope, it does not really give the effect of the price decrease. one day they would approve bitcoin.

still believing that they will accept it in near future as they see that there's a lots of people all over the world that really hoping this can be added so for sure they will forward for that and in due time they will accept the voice of many aspirant and supporters.

Farma

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Well, when ETF rejected because they said that bitcoin is still too early, it makes little change in prices will be lower. I hope, it does not really give the effect of the price decrease. one day they would approve bitcoin.

Topic: ETF Rejected - page 3. (Read 6941 times)