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.
There are so many other things coming, Bitcoin is looking bullish here and also Christmas is coming up next month so with hype of BAKKT ETF hopefully we can see 10k. 
Topic: SEC November 5th - page 2. (Read 710 times)
For a while now, I have never really had the impression that ETF is any driving factor for the market at all, except that people are probably just looking for a means to at least attach the market movement to something. However, the SEC decision on the ETF is going to end up coming into play, I know the market will still end up doing whatever it wants to do.
I know a lot of people are anticipating to see the market take a movement eventually, but for now, I am beginning to actually tend towards the bull irrespective of some of these news, in as much as fundamental is not even something I will consider as something to look at much any longer, but one way or the other, I know we will just have to wait and see how things will turn out anyway.
I know a lot of people are anticipating to see the market take a movement eventually, but for now, I am beginning to actually tend towards the bull irrespective of some of these news, in as much as fundamental is not even something I will consider as something to look at much any longer, but one way or the other, I know we will just have to wait and see how things will turn out anyway.
So, it was approved or not, or when some info should be avaiable?
I cant find any information about that, also no information on cryptopanic website.
I cant find any information about that, also no information on cryptopanic website.
I found an interesting article about this here: https://hackernoon.com/cboebitcoinetf-53992ec38a70
According to them there may be a price surge for bitcoin between 76% and 318% (similar to what is was for gold).
Let's hope they're right and bitcoin will start to skyrocket like it did last year
According to them there may be a price surge for bitcoin between 76% and 318% (similar to what is was for gold).
Let's hope they're right and bitcoin will start to skyrocket like it did last year
The Gold comparison threw me off. There's no way that we can see a price surge that high. Bitcoin investors are smarter than we think, and there's no way that they will just put their money on the market because of ETF's, in my opinion.
It will be the case of wait and see attitude. As I have said, they matured enough to distinguished what is FOMO and when to take profit at the right time. I'm not saying it will not push the price, but its hard to overcome the current sentiments that we have. Investor gets tired "waiting" for SEC to approve/disapprove the ETF's and the excitement has waned down.
Honestly, I have not heard that the SEC decision will be today. It would be great if this decision is positive and could affect the change in trend. If the decision is transferred again, the situation will not change.
The problem is that I am almost certain that the sec will not say anything at all. Neither accepting the etf nor delaying it. The reason for that is the fact that the decision has to be commented AFTER the 5th of November. Don't know what is all the hype about. After 5th of November can be in a day, a week or a year. If the sec doesn't announce anything in a week my prediction would be a small dump.Link where it says that the decision has to be after 5th:
https://ambcrypto.com/bitcoin-etf-fate-to-be-decided-by-the-sec-after-november-5/
Feelers around the space is that of sheer optimism than that of assurance, and personally I see the SEC postponing announcements once more,a and this may be accompanied by a little dump. Fingers crossed and may the best happen
Honestly, I have not heard that the SEC decision will be today. It would be great if this decision is positive and could affect the change in trend. If the decision is transferred again, the situation will not change.
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.
And today is November 5 in my own time zone while in some other places, it could have been November 6 and yet, I have not seen any significant change to price of bitcoin as a result of this SEC decision. I have come to realize that crypto enthusiasts are even the one that cause the panic that happens in the community. SEC commissioners have probably made the decision at the point of submission while they postpone in other to satisfy all odds while we are here speculating and panicking over ready made decisions.
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.
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.
Eventually they will accept crypto-currencies, it will just be in their terms, in the way it`s suitable for their
government, but people forget one thing, crypto-currencies are alternative to that kind of systems around the
world, why would we wait their permission, who is waiting for that anyway, I don`t.
government, but people forget one thing, crypto-currencies are alternative to that kind of systems around the
world, why would we wait their permission, who is waiting for that anyway, I don`t.
I'm definitely not waiting for their permission. I think a lot of coiners are just antsy and greedy and hoping for a catalyst that will pump their bags. A lot of people think we need good news for price to rise; I think we just need time.
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 heard CBOE ETF to be announced on Feb next year? Anyways regardless of the decision, i think Bitcoin and digital currency are here to stay. They might get a temporary dump or backward push, but all in all, bitcoin will move up regardless of the SEC decision.
It seems a lot of people are optimistic for a SEC go ahead on ETFs but I think that they'll decline the applications once again, as you said - the fact they're still considering previous applications is promising and I think we'll see one accepted sooner rather than later. I think there are some signs of bullishness in the market but until certain resistance levels are broken the market should still be considered bearish.
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.
Eventually they will accept crypto-currencies, it will just be in their terms, in the way it`s suitable for their
government, but people forget one thing, crypto-currencies are alternative to that kind of systems around the
world, why would we wait their permission, who is waiting for that anyway, I don`t.
I found an interesting article about this here: https://hackernoon.com/cboebitcoinetf-53992ec38a70
According to them there may be a price surge for bitcoin between 76% and 318% (similar to what is was for gold).
According to them there may be a price surge for bitcoin between 76% and 318% (similar to what is was for gold).
That's pretty silly. Gold was in a raging bull market before the ETF was approved. There's no evidence the ETF caused those gains.
Bitcoin is definitely not in a bull market, so the comparison to gold doesn't apply. Even if it did, Bitcoin and gold have very different supply/demand dynamics. The gains could far surpass 318% in the case Bitcoin.
I doubt we'll see an ETF anytime soon. Give it a couple years.......better to have it launch in a bull market anyway.
It seems a lot of people are optimistic for a SEC go ahead on ETFs but I think that they'll decline the applications once again, as you said - the fact they're still considering previous applications is promising and I think we'll see one accepted sooner rather than later. I think there are some signs of bullishness in the market but until certain resistance levels are broken the market should still be considered bearish.
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.
There are indications that the Bull run is underway. I just read this https://bitcoinist.com/santiment-bull-run-started/ which is analyzing this moves. Whether it is relative to the ETF approval or otherwise is what I cannot say. 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.
The big day is here and like everyone I'm holding my breath for the announcement to be made by Sec in regards to bitcoins etf. As much as I would love to see an approval coming, I'm sensing it might not be approved after all, bitcoins prices have been sluggish in the build up, there's hardly any voices in the community sounding confident on it's approvals. I do feel that Bakkt has the potential to impact the market prices, however it'll need time to do so.
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 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 think the SEC will not be able to return to the Crypto market. This is a decentralized market and every transaction is anonymous. and that is the nature of the market. we can not change. So if the SEC is involved in our market, they will not be able to identify anything.
I'm already tired of hearing this. I don't really care that much now because it has been a bad year for Bitcoin. The result will still the same no matter their decision. If they approve it, then that's good, if they don't then it's still good. I think they only delay this because they want to control Bitcoin.
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 found an interesting article about this here: https://hackernoon.com/cboebitcoinetf-53992ec38a70
According to them there may be a price surge for bitcoin between 76% and 318% (similar to what is was for gold).
Let's hope they're right and bitcoin will start to skyrocket like it did last year
According to them there may be a price surge for bitcoin between 76% and 318% (similar to what is was for gold).
Let's hope they're right and bitcoin will start to skyrocket like it did last year
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