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Topic: SEC November 5th (Read 666 times)

full member
Activity: 952
Merit: 104
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December 11, 2018, 07:25:21 PM
#52
SEC is tightening because of the constant increase of ICO's scams, with a sensible desire for scammer's greed. The ICO's will not lose it will continue, maybe the SEC is actually just a strict only! For now ETF postponed until 27th of february, but this is not the final decisions maybe another extensions. Lets see

Hopefully ETF be approved and by then, let's continue to have faith that their is a positive outcome on the decision of SEC to approve it. There are many aspects to consider though, scam ICO is osne of it and I think they would find a way to minimize if not terminate those scumbags.
hero member
Activity: 2632
Merit: 546
December 11, 2018, 06:40:07 PM
#51
SEC is tightening because of the constant increase of ICO's scams, with a sensible desire for scammer's greed. The ICO's will not lose it will continue, maybe the SEC is actually just a strict only! For now ETF postponed until 27th of february, but this is not the final decisions maybe another extensions. Lets see

As far as I know the February date is the set as the final decision for SEC to whether approved or reject it. So there's no more extension on it. Bitcoin ETF has nothing to do with ICO as they're no correlation. SEC postponement may have something to do with studying the viability of a Bitcoin ETF because we all know that the market is prone to manipulation so let's see what happens on the end of Feb next year.
member
Activity: 574
Merit: 10
December 11, 2018, 03:16:30 PM
#50
SEC is tightening because of the constant increase of ICO's scams, with a sensible desire for scammer's greed. The ICO's will not lose it will continue, maybe the SEC is actually just a strict only! For now ETF postponed until 27th of february, but this is not the final decisions maybe another extensions. Lets see
sr. member
Activity: 2030
Merit: 356
December 11, 2018, 12:44:43 PM
#49
I think that the SEC have been having a bad rep about bein an anti Crypto currency entity and all that jazz. But i believe that the SEC is just protecting people from fraudulent transactions and investments that caused the mortage crash of 2008. Then again, i hope that I'm telling you is true and that is their goal.

I think what ever SEC is doing , it is betterment for the crypto. If the crypto is regulated every where, it will be much better and more people and institute will then invest in it. I hope next year will be much better year for digital currencies.
full member
Activity: 476
Merit: 100
December 10, 2018, 03:04:44 AM
#48
I think that the SEC have been having a bad rep about bein an anti Crypto currency entity and all that jazz. But i believe that the SEC is just protecting people from fraudulent transactions and investments that caused the mortage crash of 2008. Then again, i hope that I'm telling you is true and that is their goal.
newbie
Activity: 44
Merit: 0
November 13, 2018, 07:58:57 AM
#47
November 5th is not the time for SEC to decide on anything, november 5th is just the date public can sumbit their requests and information to the SEC about the ETF's and it is the deadline for applying, after that date all is given to them and they have all the information regarding the situation to decide.

29TH december is the date SEC will have time to decide for these things, they can decide earlier as well if they want but have you seen a government employee work overtime to give anyone a quicker response? If I know government workers at all if it says they have time until 29th december to decide than they will most likely decide on 29th december, maaaaybe couple days earlier before christmas but thats it. Which means we still have one and a half month until we get an answer from them.
full member
Activity: 532
Merit: 100
November 08, 2018, 01:15:32 AM
#46
SEC is the greatest enemy for ico and project investment, many ico was die on the sec hand, did you remember of centra coin ico, have success listing at many exchange market but they have fail because sec has stop their ico project.
full member
Activity: 826
Merit: 100
November 08, 2018, 12:43:09 AM
#45
SEC will close the comments on CBOE ETF on November 5th, after this day they can reject, postpone or deny the ETF, in your opinion what will happen? if the ETF is rejected BAKKT will be able to push the prices up?, we have to keep in mind that the SEC is still analyzing all rejected ETFS again, is that a good sign? The next 3 months are the most important in the history of Bitcoin and it can start a new Bull Run, I'm almost having a stroke with this novel, Bitcoin more than 10K until December? share yours thoughts.
Bitcoin will not rise up even December comes in. Many people expect a price hiking yet, it may not happen in this year. But because of the delaying moments of SEC, the price of bitcoin is also hard to go up. More 3 months to go then another 3 months before bull run start. But still I am hoping for another pump before this year ends.
means we have to be more patient to wait for the big news to happen, so we can see bullrun happening. at least now there is a small surge after November 5 yesterday. and hopefully the investors will soon recover their trust in entering market
hero member
Activity: 3024
Merit: 680
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November 07, 2018, 11:56:09 PM
#44
It is a good sign that they are reviewing those rejected ETF's, it's either they really giving consideration to push those ETF's or it's also a sign that the news I've heard that there are people from SEC that are pro bitcoin.
i hope for your number 2 option. With such support, we hope that the BTC price will return to normal, during this year we have been saturated with a downward trend, but for December, if it can reach $ 10,000, i think it is a good achievement
Whether its the first or second thing that I've made this really don't have anything to do with the market anymore.

Look what happened with November 5?  Grin
member
Activity: 546
Merit: 10
November 07, 2018, 07:39:43 AM
#43
SEC will close the comments on CBOE ETF on November 5th, after this day they can reject, postpone or deny the ETF, in your opinion what will happen? if the ETF is rejected BAKKT will be able to push the prices up?, we have to keep in mind that the SEC is still analyzing all rejected ETFS again, is that a good sign? The next 3 months are the most important in the history of Bitcoin and it can start a new Bull Run, I'm almost having a stroke with this novel, Bitcoin more than 10K until December? share yours thoughts.
Bitcoin will not rise up even December comes in. Many people expect a price hiking yet, it may not happen in this year. But because of the delaying moments of SEC, the price of bitcoin is also hard to go up. More 3 months to go then another 3 months before bull run start. But still I am hoping for another pump before this year ends.
newbie
Activity: 30
Merit: 0
November 07, 2018, 07:08:33 AM
#42
yes its its will increase bitcoin trustworthy for institutional investor, but its will make bitcoin become more centralized thats does not really good because bassically bitcoin is peer to peer currency
jr. member
Activity: 196
Merit: 2
November 07, 2018, 06:51:55 AM
#41
Honestly, I have not heard that the SEC decision will be today.

5 November was only the deadline for public comments. Sometime after that date SEC will come to a decision.
Also, it's not about the VanEck/SolidX ETF, it's about the 9 ETFs (Direxion, GraniteShares, ProShares) they rejected and then decided to re-review them.


I was one of those who fell for the trap of believing that it was 5th of November when Sec would declare the fate of those 9 ETFs, I was way to excited to read the fine print. Well now that time for public comments has passed away I think it'll take few weeks till we hear from the Sec, I believe the sentiments from the public has been positive but my question is will it be enough to change Sec initial verdict.

If public sentiments was used as a criteria for the SEC's approvals, then I think all the ETF applications would have long been approved, maybe if not all, but most of it. There are parameters used but I doubt public sentiments is one of them.
hero member
Activity: 2646
Merit: 686
November 07, 2018, 06:02:16 AM
#40
Honestly, I have not heard that the SEC decision will be today.

5 November was only the deadline for public comments. Sometime after that date SEC will come to a decision.
Also, it's not about the VanEck/SolidX ETF, it's about the 9 ETFs (Direxion, GraniteShares, ProShares) they rejected and then decided to re-review them.


I was one of those who fell for the trap of believing that it was 5th of November when Sec would declare the fate of those 9 ETFs, I was way to excited to read the fine print. Well now that time for public comments has passed away I think it'll take few weeks till we hear from the Sec, I believe the sentiments from the public has been positive but my question is will it be enough to change Sec initial verdict.
full member
Activity: 420
Merit: 136
November 07, 2018, 05:41:51 AM
#39
In recent months only their name is spoken, but we could not see a movement. Now I am starting to think that they act like this to keep the price constant. I don't care what their decisions will be, just I wait for their decision. Already the last price will be what we want.
The thing is that only their name will be spoken, but I doubt even if we see any rejection, postponement (which is the side I am drifting towards anyway), or acceptance, I am pretty sure the market will somehow still find a way to react on its own.

We have been hearing this over and over again for a while now, and with all that has been going on, I feel our pre-empt to that area is becoming too boring already, and however the market wants to come, at this point, I doubt if anyone will really care.

SEC has been dragging these for a while now, and it is no longer anything new and once something has happened over and over again with the market not really being affected hugely as a lot of people keep saying, I doubt if this should even be any factor worth looking at.

Any result or price movement in either direction will be of our own doing. People keep on up about the SEC and how ETFs will save us that it will just lead to a big wave of FOMO if the SEC do approve any ETF. There won't be any rapid organic growth, even if one is approved it will take some time to actually be set up and begin trading.
newbie
Activity: 37
Merit: 0
November 07, 2018, 03:56:53 AM
#38
In recent months only their name is spoken, but we could not see a movement. Now I am starting to think that they act like this to keep the price constant. I don't care what their decisions will be, just I wait for their decision. Already the last price will be what we want.
The thing is that only their name will be spoken, but I doubt even if we see any rejection, postponement (which is the side I am drifting towards anyway), or acceptance, I am pretty sure the market will somehow still find a way to react on its own.

We have been hearing this over and over again for a while now, and with all that has been going on, I feel our pre-empt to that area is becoming too boring already, and however the market wants to come, at this point, I doubt if anyone will really care.

SEC has been dragging these for a while now, and it is no longer anything new and once something has happened over and over again with the market not really being affected hugely as a lot of people keep saying, I doubt if this should even be any factor worth looking at.
full member
Activity: 490
Merit: 101
November 06, 2018, 07:15:33 PM
#37
SEC will close the comments on CBOE ETF on November 5th, after this day they can reject, postpone or deny the ETF, in your opinion what will happen? if the ETF is rejected BAKKT will be able to push the prices up?, we have to keep in mind that the SEC is still analyzing all rejected ETFS again, is that a good sign? The next 3 months are the most important in the history of Bitcoin and it can start a new Bull Run, I'm almost having a stroke with this novel, Bitcoin more than 10K until December? share yours thoughts.


I am also very optimistic about the bitcoin and cryptocurrency market bull run. It is about ten months already in the market dip; the bull run is very much around the corner! The bitcoin can possibly hit the 10k$ mark in no time by December.
full member
Activity: 420
Merit: 136
November 06, 2018, 03:10:04 PM
#36
I`m not an expert, but can someone clarify things for me, what SEC have with the crypto-world outside U.S.?
People talk like it will give some legitimacy cause it coming from U.S.

It probably would give cryptocurrency some legitimacy. Regulator approval is a big sign of legitimacy for mainstream and institutional investors, particularly in a financial hub like the United States.

But it won't make or break anything. If the SEC never approves an ETF, Bitcoin will keep trucking on like nothing ever happened.


They have nothing directly to do with crypto away from the US, just many countries look to the US as an example, as well as it being one of the largest global markets. Bitcoin is already on a negative footing in China, if it can gain more legitimacy and support in the US that will help out some. I don't see any significant price movement on either decision, perhaps a panic buy or sell either way but then a return to the normal pattern.
legendary
Activity: 2226
Merit: 1589
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November 06, 2018, 11:31:27 AM
#35
... just I wait for their decision...

The thing is that it is much more profitable if you can time well your buys with these news. I have a positive feeling... a couple of days of strong greens in many coins and many people are expecting a good decision.

legendary
Activity: 3668
Merit: 6382
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November 06, 2018, 11:28:59 AM
#34
Honestly, I have not heard that the SEC decision will be today.

5 November was only the deadline for public comments. Sometime after that date SEC will come to a decision.
Also, it's not about the VanEck/SolidX ETF, it's about the 9 ETFs (Direxion, GraniteShares, ProShares) they rejected and then decided to re-review them.
sr. member
Activity: 793
Merit: 250
November 06, 2018, 11:16:54 AM
#33
I think that it was fake news, the deadline for VanEck/SolidX is Dec 29, with possible delay to Feb 27.
So, again, we have to wait.
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