Topic: Impact of the pending ETF in September? - page 4. (Read 747 times)
The sec should just takes this decision once an for all as this has affected the investors mind several times and we didn't really know what is going to happen in September. If ETF is not approve we should expect investors reaction and likewise if it is adopted.
Probably will be rejected and we'll go into the next speculative ETF period for January 2019. I believe the ETF being rejected is already priced in. I mean what fool actually things it will pass?
That's what I've been wondering. It seems clear as day to me, but all these noobs around here keep asking.
Whether it's priced in........the way I see it, this is a bear market. Maybe we break out of it, maybe not. Either way, in a bear market, any news is generally a reason to sell. "Sell the news" is a phrase for a reason.
Something else that nobody seems to be talking about is the fact that the ETN does what the ETF does, without the SEC bullshit in between, which means all that capital could be comming irrespective of what they have to say. Now im not really sure how the ETN can even be a thing without SEC approval but apparently it can happen.
Aren't the ETNs on offer on Swedish or other exchange markets (not American)? Many American investors can access them through various broker-dealers, but they're not under US jurisdiction AFAIK.
ETNS are also structured differently. You're not buying into shares of a portfolio and the issuer doesn't need to hold the underlying assets; you're buying debt, like paper gold.
Probably will be rejected and we'll go into the next speculative ETF period for January 2019. I believe the ETF being rejected is already priced in. I mean what fool actually things it will pass?
So if it actually passes, the price will pump, which means it's good news, there's no downfall for the current situation, simply hold it.
Something else that nobody seems to be talking about is the fact that the ETN does what the ETF does, without the SEC bullshit in between, which means all that capital could be comming irrespective of what they have to say. Now im not really sure how the ETN can even be a thing without SEC approval but apparently it can happen.
I just hate how the SEC doesn't allow people to invest on Bitcoin, but they offer them derivatives that are way more dangerous. I mean they ran Maddof for years.
So if it actually passes, the price will pump, which means it's good news, there's no downfall for the current situation, simply hold it.
Something else that nobody seems to be talking about is the fact that the ETN does what the ETF does, without the SEC bullshit in between, which means all that capital could be comming irrespective of what they have to say. Now im not really sure how the ETN can even be a thing without SEC approval but apparently it can happen.
I just hate how the SEC doesn't allow people to invest on Bitcoin, but they offer them derivatives that are way more dangerous. I mean they ran Maddof for years.
Experts are divided over impact of ETF approval on bitcoin prices. According to some an approval will lead to a potential bull run in btc whereas rejection will lead to more dump. Some say that it will not have any effect.
The effect will be only in short-term.
If we compare the price before July and now we will notice that it returned to its level before optimism to accept and after the postponement.
ETF means that more money is coming into the Bitcoin market, which means that the price rises to levels above $ 10,000 "higher or lower."
Rejection does not mean a price collapse but a temporary sale, and then we return to the levels of 6000 dollars.
I do not expect bitcoin ETF to be accepted which means we will see a temporary decline.
For minute details, check[1].
[1] Bitcoin ETF details and price effects
If we compare the price before July and now we will notice that it returned to its level before optimism to accept and after the postponement.
ETF means that more money is coming into the Bitcoin market, which means that the price rises to levels above $ 10,000 "higher or lower."
Rejection does not mean a price collapse but a temporary sale, and then we return to the levels of 6000 dollars.
I do not expect bitcoin ETF to be accepted which means we will see a temporary decline.
For minute details, check[1].
[1] Bitcoin ETF details and price effects
I am not driven by anyone or any organization opinion to take my decision when investing in cryptocurrency. It is only newbies in the system that do not have a stand that ETF decision will affect. I am going about my normal cryptocurrency business.
prices will shoot up prior to this deadline in anticipation of approval.
are people really anticipating approval? I don't think so to be honest. I believe majority of investors don't know what will happen and are undecided. maybe at first most were thinking it will be accepted but in time, specially after the postponing of the decision and rejection of one ETF, I think they are now unsure.
if what I said is right then there may not be any rise, or any considerable rise at least. for example we may see $7100 then come back down to $6000 then move on from there.
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Additionally - what are the possible outcomes. can they postpone it again? Could it be flat out denied? What's the implication of these three outcomes? (*Yes, *no, *maybe / not now)
I am one of those undecided people but I am leaning towards rejection.and I think the implications may not be that bad because people may be expecting it already! but we will see a drop. in any case if you want to buy in then waiting may be a better option if you want the best discount.
Some time in late September is the final deadline for the ETF.. so I've read.
Judging by July, prices will shoot up prior to this deadline in anticipation of approval.
How much of a catalyst do you think the outcome may be for the price of bitcoin?
Additionally - what are the possible outcomes. can they postpone it again? Could it be flat out denied? What's the implication of these three outcomes? (*Yes, *no, *maybe / not now)
This seems like the next major dot on the map so id like to have a plan.
1)Hold.
2)Sell then buy back in during 'disappointment/etf delay dip'
3) denied - im not sure what this would do.. if it is even a possibility.
Whats your thinking around the outcome?
Cheers.
Judging by July, prices will shoot up prior to this deadline in anticipation of approval.
How much of a catalyst do you think the outcome may be for the price of bitcoin?
Additionally - what are the possible outcomes. can they postpone it again? Could it be flat out denied? What's the implication of these three outcomes? (*Yes, *no, *maybe / not now)
This seems like the next major dot on the map so id like to have a plan.
1)Hold.
2)Sell then buy back in during 'disappointment/etf delay dip'
3) denied - im not sure what this would do.. if it is even a possibility.
Whats your thinking around the outcome?
Cheers.
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