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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17681. (Read 26714974 times)

legendary
Activity: 1358
Merit: 1016
If we don't hear anything by the close of today there will be a lot of confusion.

What about Monday?


Well if we haven't heard anything by end of Monday it's auto approval surely. My point is there are a lot of people who think it's today. Therefore,  if we hear nothing by the end of today certain people will think it's been approved.

As far as I am aware it's Monday 11pm GMT deadline. 5-6pm EST  (or there abouts)
legendary
Activity: 1484
Merit: 1029
I hate to say it, but it's not a given it will be approved.

I think it's 50/50. So although I may be told I am a fool, I am not 'all in' - I have cashed in my trading stash in (keeping cold store untouched) and left the fiat on exchange.

I think approval means volatility, so I can trade any swings, or even just get the fiat out and treat myself if it runs away, price wise.

However:  If, as I think is realistic, it is a 'no' - then (given the high expectations in the CC community) there will certainly be a dip and I will be able to buy it.  I have my bids placed. 

I hope I am wrong, but I feel better knowing either way I will be better off overall.

I'm prepared for both situations - would be great if we got approval but for me its a win either way, I either gain more BTC or my BTC gains in value =)
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
If we don't hear anything by the close of today there will be a lot of confusion.

What about Monday?
legendary
Activity: 1358
Merit: 1016
If we don't hear anything by the close of today there will be a lot of confusion.
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
This was the right time for a good poll: it would have been good to hear from all of us here about the possible price target in both cases: ETF approval or rejection. IMHO I see the value could go down to $850 if rejected, up to $1500 if approved.
In first case I see a fast correction because new people will come onboard rather soon

i'm thinking 950 or 1800

up or down, the initial correction will be sharp, but after that, we will either recover from 950 or keep pushing to new highs after 1800. there's no fighting this bull, sure we can correct one way or the other but, the trend is set.
legendary
Activity: 2604
Merit: 1748
I hate to say it, but it's not a given it will be approved.

I think it's 50/50. So although I may be told I am a fool, I am not 'all in' - I have cashed in my trading stash in (keeping cold store untouched) and left the fiat on exchange.

I think approval means volatility, so I can trade any swings, or even just get the fiat out and treat myself if it runs away, price wise.

However:  If, as I think is realistic, it is a 'no' - then (given the high expectations in the CC community) there will certainly be a dip and I will be able to buy it.  I have my bids placed. 

I hope I am wrong, but I feel better knowing either way I will be better off overall.
legendary
Activity: 2310
Merit: 1422
This was the right time for a good poll: it would have been good to hear from all of us here about the possible price target in both cases: ETF approval or rejection. IMHO I see the value could go down to $850 if rejected, up to $1500 if approved.
In first case I see a fast correction because new people will come onboard rather soon
hero member
Activity: 605
Merit: 634
W.C. Fields:

"Water? Never touch the stuff".
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
My father used to hit me with a shoe and say it's "whiskey under the bridge." Huh

Better than water. What did W.C. Fields say about it?

Ewww. Fish fornicate in it.  Tongue
legendary
Activity: 1260
Merit: 1116
I've worked as a Federal contractor and from my experience, Federal workers hate to come in on Fridays.  

So my guess, they'll decide early Friday morning then call it a week or not come in at all on Friday then put it off until Monday.  
they have an office party on friday.

My father used to say that civil servants are usually neither civil nor servants.

 Cool

My father used to hit me with a shoe and say it's "whiskey under the bridge." Huh
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
I've worked as a Federal contractor and from my experience, Federal workers hate to come in on Fridays.  

So my guess, they'll decide early Friday morning then call it a week or not come in at all on Friday then put it off until Monday.  
they have an office party on friday.

My father used to say that civil servants are usually neither civil nor servants.

 Cool
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
I've worked as a Federal contractor and from my experience, Federal workers hate to come in on Fridays.  

So my guess, they'll decide early Friday morning then call it a week or not come in at all on Friday then put it off until Monday.  
they have an office party on friday.

Quote
Friday, March 10, 2017
9:30 a.m. ET
Securities and Exchange Commission Evidence Summit
See Sunshine Act Notice, Notice of Conference and Conference Website
Location:   SEC Headquarters, 100 F Street, NE, Washington, DC
https://www.sec.gov/about/upcoming-events.htm

so monday....
legendary
Activity: 3620
Merit: 4813
I've worked as a Federal contractor and from my experience, Federal workers hate to come in on Fridays.  

So my guess, they'll decide early Friday morning then call it a week or not come in at all on Friday then put it off until Monday.  

I think you're right, at Monday's they still haven't made the decision... then the ETF will be approved Smiley
hero member
Activity: 938
Merit: 509
If the ETF gets approved what kind of immediate pop are we looking at, $100, $200, $300?

I'm not too sure where the hype can go from here. The basket buying will be done. What's up for sale via ETFs doesn't impact the market. It may be a while before they're up and running anyway. Either it sparks some irrational bonkersdom or things settle down again.

Probably a lot of shorts will get liquidated if it gets approved and the price will bump up a bit and then settle once people realize a Bitcoin ETF isn't going to change the world.
legendary
Activity: 1159
Merit: 1001
I've worked as a Federal contractor and from my experience, Federal workers hate to come in on Fridays.  

So my guess, they'll decide early Friday morning then call it a week or not come in at all on Friday then put it off until Monday.  
legendary
Activity: 3794
Merit: 5474
What's the best way to buy bitcoins instantly? circle?

Where have you been? Circle threw in the towel a few months back. Now they point their orphans to Coinbase.

I never gave a shit about circle, coinbase requires ID's and documents though right?

Maybe in a month or two, you'll be able to drive to a convenient store in New Hampshire and buy bitcoins at the same time as you're buying a morning coffee.

What about Abra? Anyone try it yet?
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Kind of like a David Koresh in Waco Texas type of Heaven's Gate Kool-Aid?  Shocked

You might wanna check your sources: https://www.youtube.com/watch?v=Xr9pQ1pIbiU
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
What's the best way to buy bitcoins instantly? circle?

Where have you been? Circle threw in the towel a few months back. Now they point their orphans to Coinbase.

I never gave a shit about circle, coinbase requires ID's and documents though right?

more like 2 id's and your fingerprints

US based exchanges offer little added security for its users while requiring alot of KYC/AML paper work / restrictions . you're probably much better off with kraken or something based outside US or Chain.
sr. member
Activity: 812
Merit: 250
A Blockchain Mobile Operator With Token Rewards
i regret to inform you that, our most recent analyst suggest a 92.7% chance the announcement will not come tomorrow...

most expects at killerpotleaf investment labs project an announcement date of : Monday 11:03AM
legendary
Activity: 2338
Merit: 1035
What's the best way to buy bitcoins instantly? circle?

Where have you been? Circle threw in the towel a few months back. Now they point their orphans to Coinbase.

I never gave a shit about circle, coinbase requires ID's and documents though right?
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