I think there are three ETF's awaiting approval. The first might be rejected but it is possible that the others get approved at a later date.
OR, the SEC could just decide to postpone the decision again, awaiting new developments, such as the resolution of the blocksize situation.
Topic: Get ready to BUYDL - page 2. (Read 1664 times)
i cant wait till 11 march. Its quite boring to hold o btc at the moment haha. I also heart a rumour that the chinese exchanes on 9 march will open again. I cant find any confirmation to this. But what will happen when lots of chinese can access their bitcoins after almost a month? I think this date is also interesting.
I want to see OP short bitcoin to 600 and see how he will fare. So many have already short bitcoin and many have fallen thru margin call. ETF Approved or not, I am still on my position, long term hodl. I believe even if the price fall if it gets disapproved, it will bounce back in a few months and higher price later.
They predicted 300 million of cash to flow into it in the first week.
They have calculated we should see a quick rise around 3500$ per bitcoin.
They predict that the price of bitcoin will drop to around $600 should the ETF not pass.
They have calculated we should see a quick rise around 3500$ per bitcoin.
They predict that the price of bitcoin will drop to around $600 should the ETF not pass.
these so called analists are full of it and they have no idea what they are talking about. first of all the money they predict has already flown into bitcoin while they were asleep in their parents basement. so it is not going to miraculously increse the price just because it was approved.
second bitcoin price has not gone up from $600 to current $1100 because of ETF to go down if it is disapproved. if it is disapproved there will be FUD and idiots dump and price goes down. worse case scenario is $950 for aout 10 minutes and jump back up to $1050 and then in a week back to $1200
You're Welcome
1KKLWgFzbovhP6JHAcrrPd1j41By8Y7sNG
I love it when "experts" tell you what the price will do.
In my experience they know barely more than you and I.
I think if its approved it will not be a direct bee line to $3500 but I think it will get there eventually of course.
I also don't think the price will drop to $600. I think people all over the world are buying bitcoin for different reasons and the least of which is the Winklevoss ETF.
In my experience they know barely more than you and I.
I think if its approved it will not be a direct bee line to $3500 but I think it will get there eventually of course.
I also don't think the price will drop to $600. I think people all over the world are buying bitcoin for different reasons and the least of which is the Winklevoss ETF.
I think $600 is extreme for Bitcoin to drop that low, though I will I agree that ETF being disapproved will somehow push the price of Bitcoin down to I think at most $800. Though I kinda see that $3500 if no one will do a massive dump with their BTC during the rise will definitely be touched with that 300 million dollar added to the Bitcoin Economy, it may even exceed it.
I love it when "experts" tell you what the price will do.
In my experience they know barely more than you and I.
I think if its approved it will not be a direct bee line to $3500 but I think it will get there eventually of course.
I also don't think the price will drop to $600. I think people all over the world are buying bitcoin for different reasons and the least of which is the Winklevoss ETF.
In my experience they know barely more than you and I.
I think if its approved it will not be a direct bee line to $3500 but I think it will get there eventually of course.
I also don't think the price will drop to $600. I think people all over the world are buying bitcoin for different reasons and the least of which is the Winklevoss ETF.
Definitely the impact of the denial is debatable, but given that the odds that it falls below that price are very small the equity is at least 1600$ or better.
These are the things "real" traders use to determine risk/ reward ratio and make decisions with. So I like the odds of Bitcoin reaching 1600$+ before any announcement in regards to the ETF
These are the things "real" traders use to determine risk/ reward ratio and make decisions with. So I like the odds of Bitcoin reaching 1600$+ before any announcement in regards to the ETF
While I agree that ETF approval is unlikely to happen I disagree with the claim that it will bring price of bitcoin down to $600.
Traders are aware that SEC stamp of approval won't be easy to obtain and 11 March might not be the final date.
But you are right when market will react allergically then it will be ideal time to buy BTC, the best we can wish for.
Traders are aware that SEC stamp of approval won't be easy to obtain and 11 March might not be the final date.
But you are right when market will react allergically then it will be ideal time to buy BTC, the best we can wish for.
That little dip was the correction. Get ready for blast off.
Analysts have pegged the odds of the COIN ETF passing at approx 35%.
They predicted 300 million of cash to flow into it in the first week.
They have calculated we should see a quick rise around 3500$ per bitcoin.
They predict that the price of bitcoin will drop to around $600 should the ETF not pass.
Using these figures bitcoin has an equity of approx 1650$. This means buying bitcoin right now below this price is EV+. People will continue to buy until at least 1600$ at which point it will hover around there until news on the ETF comes out.
You're Welcome
17n4i7ApXPcKUh32GDBdnxuYAyHh7mz8wE
Source :
"Summary
Our thesis is that the probability of a Bitcoin ETF approved in the near term has been misevaluated as a "very low chance" event by major investment and research firms.
As such, there is an attractive return/risk ratio for investors taking positions in the OTC market before March 2017.
We provide a target price of $3,678 for Bitcoin in case an ETF is approved in 2017 and a target price of $551 in case it is rejected this year.
We assign a probability of 35% for approval against 65% probability for rejection, making our final weighted average expected price $1645.45 or a +67.8% expected return above the current price."
http://seekingalpha.com/article/4044517-bitcoin-etf-approved-march-2017-black-swan-asymmetric-risk-reward
Analysts have pegged the odds of the COIN ETF passing at approx 35%.
They predicted 300 million of cash to flow into it in the first week.
They have calculated we should see a quick rise around 3500$ per bitcoin.
They predict that the price of bitcoin will drop to around $600 should the ETF not pass.
Using these figures bitcoin has an equity of approx 1650$. This means buying bitcoin right now below this price is EV+. People will continue to buy until at least 1600$ at which point it will hover around there until news on the ETF comes out.
You're Welcome
17n4i7ApXPcKUh32GDBdnxuYAyHh7mz8wE
Source :
"Summary
Our thesis is that the probability of a Bitcoin ETF approved in the near term has been misevaluated as a "very low chance" event by major investment and research firms.
As such, there is an attractive return/risk ratio for investors taking positions in the OTC market before March 2017.
We provide a target price of $3,678 for Bitcoin in case an ETF is approved in 2017 and a target price of $551 in case it is rejected this year.
We assign a probability of 35% for approval against 65% probability for rejection, making our final weighted average expected price $1645.45 or a +67.8% expected return above the current price."
http://seekingalpha.com/article/4044517-bitcoin-etf-approved-march-2017-black-swan-asymmetric-risk-reward
Jump to: