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Topic: POLL : ETF approval or disapproval - page 4. (Read 4243 times)

legendary
Activity: 1512
Merit: 1000
February 28, 2017, 03:35:08 PM
#24
I'm in the boat of "Hope for the best, expect and prepare for the worst." Either way, we all gonna die some day.

"Every man dies. Not every man really lives." - William Wallace
sr. member
Activity: 392
Merit: 250
February 28, 2017, 03:12:38 PM
#23
the Winklevoss apocalypse incoming. Brace yourself
full member
Activity: 121
Merit: 100
February 28, 2017, 03:03:31 PM
#22
no , small decrease
I'm not expecting HUGE decrease
legendary
Activity: 1159
Merit: 1001
February 28, 2017, 02:38:53 PM
#21
Neither approved nor disapproved March 11, it's a Saturday.    Tongue

I did pick disapproval.  

Mother of all rallies if approved, maybe $1500, then back down to low $1200-1300.  Why?  Because this is only one step in the process and it will take years to actually hit the exchange.  

If disapproved, crash hard then a good 50% rebound.  I have a lot of lowball bids to catch the falling knife.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
February 28, 2017, 01:53:24 PM
#20
How about the option that is gets approved and the approval causes a selloff due to the well known Wall Street adage, "buy the rumor, sell the news."
newbie
Activity: 16
Merit: 0
February 28, 2017, 01:51:45 PM
#19
I was thinking no
But you know, i'm personally sure that in the future an ETF must be in, and if the SEC doesn't approve, i see a missed opportunity for them and the US market,
Moreover you can't really know how this administration say yes or no on cryptocurrencies issues, they are so in the past.

But let's the speculation go and see the future

PS: https://www.bitmex.com/app/trade/COIN_BH17 they peaked at 70% today i think the speculation is just starting
hero member
Activity: 744
Merit: 500
February 28, 2017, 01:39:30 PM
#18
Who cares! BTC still will go on kicking even without ETF!  Wink
newbie
Activity: 60
Merit: 0
February 28, 2017, 12:45:23 PM
#17
There are two possible scenarios that I am expecting. ETF approved means a rise maybe steady or a burst that would depend. ETF not approved(looks more likely) means a dump I am hoping that we don't fall below $1000 atleast.

It might fall below $1000. But it will rebound soon after.
sr. member
Activity: 392
Merit: 250
February 28, 2017, 12:27:29 PM
#16
get HYPED
legendary
Activity: 1762
Merit: 1011
February 28, 2017, 12:22:34 PM
#15
It'll be March 10th at latest.  They don't work on Saturday.

10 days to go!
hero member
Activity: 2464
Merit: 519
February 28, 2017, 12:09:49 PM
#14
I voted that the ETF will very likely be rejected and a dump is going to happen after that.
But that is no doom event as some try to point it out here in several threads. I would guess these guys wanna take profits and advantage of the coming situtation go a bit short as well plus some orders already placed in a certain range.
I'm sure we will bounce back pretty fast. So if you wanna get some coins for a cheaper price it could be smart to place some buy orders.With a bit of luck they will get triggered. But don't be too stingy. Orders between 800-900 should get triggered easily.

If ETF and SEC rejected about bitcoin is danger bitcoin future
because all USA exchanger can close, poloniex bittrex and coinbase can close service exchanger
ia affect bitcoin price can crash and hard down price
I dont expect it to affect bitcoin for long, It was meant to be a better platform if it was approved. Am very sure all exchangees dont rely so much on that, work will go on as usual, so we just expect a better days. Just that demand for bitcoin will plummet for a while but trade in altcoin will be a consolation.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
February 28, 2017, 12:07:49 PM
#13
Really surprised to see that everyone is expecting a massive dump of coins after the verdict if people are sure about it then why is the price is hovering at this range . I did not understand about the time limit.can you please clarify that.

They initially set themselves a time limit about making the BATS rule change last year. If I remember rightly they allowed themselves three extensions of that time limit.

Once the final extension is up, which is this one, they have to make a decision. If they don't announce a decision by then then it's a yes by default. Weird setup.
sr. member
Activity: 291
Merit: 250
February 28, 2017, 12:03:11 PM
#12
Polls don't matter and are misleading. Donald Trump won against all odds, Brexit happened against all odds, so why can't the ETF happen against all odds too?

Also some people forget that if the time limit is hit without either approval or disapproval the ETF gets automatically approved (im not sure if this has ever happened before but its another possibility)
Really surprised to see that everyone is expecting a massive dump of coins after the verdict if people are sure about it then why is the price is hovering at this range . I did not understand about the time limit.can you please clarify that.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
February 28, 2017, 12:02:34 PM
#11
Polls don't matter and are misleading. Donald Trump won against all odds, Brexit happened against all odds, so why can't the ETF happen against all odds too?

Also some people forget that if the time limit is hit without either approval or disapproval the ETF gets automatically approved (im not sure if this has ever happened before but its another possibility)

Automatic approval has never happened. It be flabbergasted if it did happen with something with so many unknowns.

I suppose people are speculating with more agility because it's down to a few stuffy bureaucrats rather than entire populations. I wonder what they'd think if they had a perusal of the feverish speculation going on in pockets of the internet. The scale of it must be a first for them.
legendary
Activity: 1204
Merit: 1028
February 28, 2017, 11:58:37 AM
#10
Polls don't matter and are misleading. Donald Trump won against all odds, Brexit happened against all odds, so why can't the ETF happen against all odds too?

Also some people forget that if the time limit is hit without either approval or disapproval the ETF gets automatically approved (im not sure if this has ever happened before but its another possibility)
hero member
Activity: 560
Merit: 502
February 28, 2017, 11:48:21 AM
#9
If ETF and SEC rejected about bitcoin is danger bitcoin future
because all USA exchanger can close, poloniex bittrex and coinbase can close service exchanger
ia affect bitcoin price can crash and hard down price
Wait, what? You knew that SEC rejected ETF applicatin many times before? Winklevoss tried to establish their ETF since 2013.
I didn't see any negative effect, no exchange was closed, effect on price was minimal if any.
Why we should suddenly expect different outcome this time? Because hype is high and we have idiots who think ETF is life or death for BTC?
hero member
Activity: 714
Merit: 516
#SWGT PRE-SALE IS LIVE
February 28, 2017, 11:29:24 AM
#8
I voted that the ETF will very likely be rejected and a dump is going to happen after that.
But that is no doom event as some try to point it out here in several threads. I would guess these guys wanna take profits and advantage of the coming situtation go a bit short as well plus some orders already placed in a certain range.
I'm sure we will bounce back pretty fast. So if you wanna get some coins for a cheaper price it could be smart to place some buy orders.With a bit of luck they will get triggered. But don't be too stingy. Orders between 800-900 should get triggered easily.

If ETF and SEC rejected about bitcoin is danger bitcoin future
because all USA exchanger can close, poloniex bittrex and coinbase can close service exchanger
ia affect bitcoin price can crash and hard down price
legendary
Activity: 1442
Merit: 1016
February 28, 2017, 11:09:18 AM
#7
I voted that the ETF will very likely be rejected and a dump is going to happen after that.
But that is no doom event as some try to point it out here in several threads. I would guess these guys wanna take profits and advantage of the coming situtation go a bit short as well plus some orders already placed in a certain range.
I'm sure we will bounce back pretty fast. So if you wanna get some coins for a cheaper price it could be smart to place some buy orders.With a bit of luck they will get triggered. But don't be too stingy. Orders between 800-900 should get triggered easily.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
February 28, 2017, 10:48:28 AM
#6
There are two possible scenarios that I am expecting. ETF approved means a rise maybe steady or a burst that would depend. ETF not approved(looks more likely) means a dump I am hoping that we don't fall below $1000 atleast.

I think if the ETF is rejected we'll dump below $1000 unfortunately. It wouldn't be a great thing to happen but then it would be a great time to buy.

hero member
Activity: 1050
Merit: 529
February 28, 2017, 07:31:42 AM
#5
There are two possible scenarios that I am expecting. ETF approved means a rise maybe steady or a burst that would depend. ETF not approved(looks more likely) means a dump I am hoping that we don't fall below $1000 atleast.
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