Topic: ​Twitter, ETF, BTC for $ 100,000 (must Read) (Read 141 times)

The other day, Twitter confirmed the ban on advertising crypto-currency. This rumor went for a week or so, but now it's officially out. They put a ban on advertising about the crypto currency and we on the reaction of the market see a recession. But why no one pays attention to the application - the SEC allows Bitcoin exchange funds, on the recommendation of the CBOE.

This news is far more important than some kind of twitter ban. CBOE wrote a letter to the commission, President Chris Concannon indicates in the letter that the market is already ready for ETF, that it is large enough and quite liquid for ETF. This is great news. If we get ETF this year, we will see the price of bitcoin and the rest of the crypto-currency absolutely vertical ($ 100,000 for BTC - it will become a regular reality).

The fact that the CBOE has enough strength and supporters of bitcoin makes us believe that this year we will still get permission for ETF.

Institutions begin to create the conditions under which they can enter their capital on the market and we see evidence: take, for example, the US bank

Goldman Sachs, as well as the South Korean multi-million dollar conglomerate, which enters the crypto-currency market. All of them enter into partnerships with stock exchanges. Okcoin, which is the 3rd largest exchange, concludes a partnership with the UK conglomerate, which is deeply involved in the work of the state. Yahoo Japan is going to launch the stock exchange in 2019 - it's a huge company in Japan.
South Korean investors are buying Bitstamp for 400 million dollars. Subsidiary of Canadian operators of exchanges are going to open a brokerage service for the crypto-currency.
Everything described above is going to create a second "boom", an infrastructure that will allow the money of institutions to enter the market.

Any opinion guys ?