Lucy, Charlie Brown, the Football, and the next ETF

Arcteryx

hero member

Activity: 728

Merit: 500

EtherSphere - Social Games

Quote from: Kakmakr on March 13, 2017, 01:09:49 AM

https://news.bitcoin.com/sec-delays-decision-solidx-bitcoin-trust/

How can the SEC suddenly make a U-turn on their opinion about the risks that exist with unregulated exchanges having a influence on the market? They also see the Chinese dominance in this scene as a possible threat? How will this change, before they make this decision?

We will still have unregulated exchanges and most of the mining will still be conducted by Chinese miners. ^smile^

That is exactly how they labeled this ETF from the Winklevoss's as, a bitcoin Trust!
So this will be the same a trust fund right?

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

https://news.bitcoin.com/sec-delays-decision-solidx-bitcoin-trust/

How can the SEC suddenly make a U-turn on their opinion about the risks that exist with unregulated exchanges having a influence on the market? They also see the Chinese dominance in this scene as a possible threat? How will this change, before they make this decision?

We will still have unregulated exchanges and most of the mining will still be conducted by Chinese miners. ^smile^

amacar2

legendary

Activity: 1120

Merit: 1008

CryptoTalk.Org - Get Paid for every Post!

Quote from: Uberse on March 12, 2017, 12:04:48 PM

I wonder how the market of Charlie Browns will react as Lucy gets closer to her SolidX decision, said to be on or about March 31 of this year.

There will be no big media coverage and actually i don't think people will have high speculation about this one. Also after recent rejection of winklevoss ETF it is quite unlikely that any other bitcoin ETF will be approved by SEC in near future.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: Arcteryx on March 12, 2017, 07:12:21 PM

Quote from: shinratensei_ on March 12, 2017, 07:07:17 PM

Quote from: Uberse on March 12, 2017, 12:04:48 PM

I wonder how the market of Charlie Browns will react as Lucy gets closer to her SolidX decision, said to be on or about March 31 of this year.

https://www.washingtonpost.com/news/get-there/wp/2017/03/10/sec-rejects-bitcoin-etf-application-from-winklevoss-twins/
SEC to solidX
"nothing to say about solidX"
Everything will be having relationships into the bitcoin and SEC will always try to ignore it. Roll Eyes

What about grayscale and any thought? Cool

This is the first I have heard of solidx before.
Is it what Bitcoin Unlimited is to the BlockChain in anyway?

Read them in here, and get your information about what is the solidx?
https://sldx.com/

U2

hero member

Activity: 676

Merit: 503

I used to be indecisive, but now I'm not sure...

Quote from: Pab on March 12, 2017, 04:47:21 PM

SEC is funny,what a ignorance,thay have wrote that btc is mostly traded on chinise unregulated exchanges,what China is doing ftom one month,thay regulate his exchanges.I am happy with SEC decision
keep greedy hands off btc
If Trump invested in Solid thay will approve

But bitcoins as a whole could never be regulated so I doubt there would ever be an ETF based on what they said when it was declined. Look at the price. It didn't crash like people thought it would. A $200 flash crash then we've almost recovered over the weekend. It's a blip on the radar folks. Bitcoins are ours and not the US governments to control.

Arcteryx

hero member

Activity: 728

Merit: 500

EtherSphere - Social Games

Quote from: shinratensei_ on March 12, 2017, 07:07:17 PM

Quote from: Uberse on March 12, 2017, 12:04:48 PM

I wonder how the market of Charlie Browns will react as Lucy gets closer to her SolidX decision, said to be on or about March 31 of this year.

https://www.washingtonpost.com/news/get-there/wp/2017/03/10/sec-rejects-bitcoin-etf-application-from-winklevoss-twins/
SEC to solidX
"nothing to say about solidX"
Everything will be having relationships into the bitcoin and SEC will always try to ignore it. Roll Eyes

What about grayscale and any thought? Cool

This is the first I have heard of solidx before.
Is it what Bitcoin Unlimited is to the BlockChain in anyway?

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: Uberse on March 12, 2017, 12:04:48 PM

I wonder how the market of Charlie Browns will react as Lucy gets closer to her SolidX decision, said to be on or about March 31 of this year.

https://www.washingtonpost.com/news/get-there/wp/2017/03/10/sec-rejects-bitcoin-etf-application-from-winklevoss-twins/
SEC to solidX
"nothing to say about solidX"
Everything will be having relationships into the bitcoin and SEC will always try to ignore it. Roll Eyes

What about grayscale and any thought? Cool

calkob

hero member

Activity: 1106

Merit: 521

Quote from: Uberse on March 12, 2017, 12:04:48 PM

I wonder how the market of Charlie Browns will react as Lucy gets closer to her SolidX decision, said to be on or about March 31 of this year.

I doubt very much anything else is going to make it now the winkilvii have been turned down, call back in 5 years ....maybe

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Most likely delay. Lawyers got to make a living.

Harry Callahan

sr. member

Activity: 350

Merit: 250

It is quite evident what the position of SEC regarding bitcoin at this moment with the recent rejection of ETF from Cameron and Tyler Winklevoss and they call this an unregulated market and i am sure they have not learned about the fact that the Chinese government is regulating bitcoin and with few days more for the SolidX Bitcoin Trust as it is decided by this month end i expect them to push the date once again or reject it at this point.

Pab

legendary

Activity: 1862

Merit: 1012

SEC is funny,what a ignorance,thay have wrote that btc is mostly traded on chinise unregulated exchanges,what China is doing ftom one month,thay regulate his exchanges.I am happy with SEC decision
keep greedy hands off btc
If Trump invested in Solid thay will approve

Senor.Bla

sr. member

Activity: 280

Merit: 253

Correct me if i'm wrong, but the same people are in charge of this decision right? Bitcoin and the Bitcoin world will not change significantly in 3 weeks. I don't know how different the SolidX ETF is from the Winklevoss one, but everything other then another no from the SEC would be a surprise. The market should be aware of that and therefore i don't expect any movement because of this.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: Uberse on March 12, 2017, 12:04:48 PM

I wonder how the market of Charlie Browns will react as Lucy gets closer to her SolidX decision, said to be on or about March 31 of this year.

Very hard to predict. Winklevoss are famous celebrities, there was massive expectation because they are very well known at mainstream levels due the Facebook movie.

Im not sure if the expectation will be at all time highs with this one. I guess people has seen that there is a way to profit from the ETF failing, it will most likely fail and risking some BTC to buy cheaper and then see it go higher again seems like a decent gamble.

Uberse

member

Activity: 132

Merit: 12

I wonder how the market of Charlie Browns will react as Lucy gets closer to her SolidX decision, said to be on or about March 31 of this year.

Topic: Lucy, Charlie Brown, the Football, and the next ETF (Read 883 times)