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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17486. (Read 26714982 times)

legendary
Activity: 2170
Merit: 1094
Weird action on Bitfinex, they started the pump early (IMO) and then a 1k BTC dump into the pump, meh... Roll Eyes
sr. member
Activity: 392
Merit: 250
You are right. Because of its small marketcap it is already rising very fast because of the hype. When there is a ETC ETF it will moon bigtime.

It won't be an ETF though. I assume it'll be on the same terms as GBTC in which case there are far more caveats attached than the ETF everyone was hoping for. GBTC started off as for accredited investors only and then it locked funds for a year before the shares could be traded.
Would be a pitty. But perhaps you are right. We saw how the SEC postponed and denied the COIN ETF over and over again. And rightnow ETC gets dumped again. Still glad that I sold it all yesterday at the top.
sr. member
Activity: 392
Merit: 250
Made me smile  Cheesy.

At least check this out: https://grayscale.co/ethereum-investment-trust/

I think it has a much higher chance of approval than a bitcoin ETF.
Its just starting

It looks like similar wording to the existing GBTC in which case they don't need the SEC and it will happen. A nice asset for the space. It never really set Bitcoin on fire though, perhaps it'll do more for ETC.

You are right. Because of its small marketcap it is already rising very fast because of the hype. When there is a ETC ETF it will moon bigtime. It feels like Ethereum in its early days. First just a small thing, nobody cared about it. After that lots of other coins join the Ether chain, smart contracts started and it became a real crypto platform. Etc looks like a ugly little brother of Ethereum but when you can actually use it for something like a ETF it finaly gets a purpose and it will go moon.

BTC = store of value, the crypto king, ETH= crypto smart contract platform with tokens , ETC= ETF crypto coin  Huh Would be awesome if you ask me.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
Do we expect to start seeing more buying pressure or demand from Japan, what the 2nd/3rd largest market, officially recognizing Bitcoin as a regulated payment method?  This seems very positive overall since it is such a large Bitcoin supporting market...

http://www.coindesk.com/japan-bitcoin-law-effect-tomorrow/



^April fools! :-D
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Do we expect to start seeing more buying pressure or demand from Japan, what the 2nd/3rd largest market, officially recognizing Bitcoin as a regulated payment method?  This seems very positive overall since it is such a large Bitcoin supporting market...

http://www.coindesk.com/japan-bitcoin-law-effect-tomorrow/

Japanese 'dominance' is down to the zero fee exchanges. We all saw what happened when that came to an end in China. As far as I can tell no one in Japan has much or anything to do with Bitcoin.

Maybe this might produce a wee boost, or squash any innovation there completely.
sr. member
Activity: 392
Merit: 250
Call me a madman but i think that SEC will approve this.

Yup. You're as mad as a Ford Focus being driven by a pheasant wearing a Batman costume.

Much of trading takes place on places with even less regulation than your average Bitcoin exchange. The SEC doesn't care about centralised development, just the trading. And that's probably a convenient umbrella for all the other stuff they don't like or understand.

Made me smile  Cheesy.

At least check this out: https://grayscale.co/ethereum-investment-trust/

I think it has a much higher chance of approval than a bitcoin ETF.
Its just starting
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
Call me a madman but i think that SEC will approve this.

Yup. You're as mad as a Ford Focus being driven by a pheasant wearing a Batman costume.

Much of trading takes place on places with even less regulation than your average Bitcoin exchange. The SEC doesn't care about centralised development, just the trading. And that's probably a convenient umbrella for all the other stuff they don't like or understand.

^dark pools , naked short sellers, FAIL TO DELIVER ...zzz ~ ;-)
sr. member
Activity: 1313
Merit: 278
Do we expect to start seeing more buying pressure or demand from Japan, what the 2nd/3rd largest market, officially recognizing Bitcoin as a regulated payment method?  This seems very positive overall since it is such a large Bitcoin supporting market...

http://www.coindesk.com/japan-bitcoin-law-effect-tomorrow/

legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Call me a madman but i think that SEC will approve this.

Yup. You're as mad as a Ford Focus being driven by a pheasant wearing a Batman costume.

Much of trading takes place on places with even less regulation than your average Bitcoin exchange. The SEC doesn't care about centralised development, just the trading. And that's probably a convenient umbrella for all the other stuff they don't like or understand.
sr. member
Activity: 392
Merit: 250
No its a bad hedge. Try Ethereum Classic, there will be a grewscale ETF on Ethereum classic soon. It will moon.

If BTC can't manage it, how will ETC pull it off? Do you mean a similar GBTC hack type thing? If these applications continue I assume the SEC will simply program their email to reject anything with the word 'cryptocurrency' in it.

Call me a madman but i think that SEC will approve this. Ethereum is centralized, and you can regulate it. This is impossible with Bitcoin. ETH= 50 USD , ETC= 3 USD, cmon it will go to 9 USD at least this year. This is one of the few coins that isnt a pump&dump.

I will keep an eye out for this coin.
sr. member
Activity: 392
Merit: 250
I told you all. Litecoin is a dead zombie coin. Old litecoin miners 1 - 0 FOMO traders

Rekt once again.

l33tcoin is a derivative of btc fail, FUD, and chaos. So it still looks like a decent hedge.

No its a bad hedge. Try Ethereum Classic, there will be a grewscale ETF on Ethereum classic soon. It will moon.
sr. member
Activity: 392
Merit: 250
Litecoin -20% today

Bbbut mmmoon?

bbbbut litecoin is the crypto silver and bitcoin is gold?

Bbuuut litecoin is not pumped in many years so it will be pumped right now

I told you all. Litecoin is a dead zombie coin. Old litecoin miners 1 - 0 FOMO traders

Rekt once again.
legendary
Activity: 2338
Merit: 1035
legendary
Activity: 2198
Merit: 1000
Poli is down oh no  Shocked


Up now  Smiley lol
legendary
Activity: 2198
Merit: 1000
All these Alt coin pumps are short lived for the most part. Great if you have the various coins to sell, or just jump in and go to the moon. But once BTC settles again... it will be back to the same old line up with Alts... starting with ETH  Grin
legendary
Activity: 3388
Merit: 3514
born once atheist
is this the litecoin speculation thread now?  Wink
truth be told,it was way past due for a good ole p&d
i used to mine those bad boys....ahhh memories!
   
........anyway...  oh yeah ,bitcoin going sideways (yawn)...  gotta stay ot doncha know  Cheesy
legendary
Activity: 1245
Merit: 1004
after 2 years i start my litecon core wallet again Cheesy

I heard it will be on Gox soon.

Really? I should buy it more before it'll be on Gox. I've wait these news for 4 years Cheesy

If they reach Mt.GOX it's probably the right move to withdrawal all funds from that place  Cheesy
I'm just glad to see litecon not beeing completely dead by now.
Sensing some walls around 1000$ btw
sr. member
Activity: 392
Merit: 250
Looks like ETC is mooning now guys.  Shocked
hero member
Activity: 658
Merit: 503
Bear with me
Charts everywhere. Confirmed.
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