It looks clear now that the ETF will be approved and there will be a
pre-announcement in 3 days, this Wednesday after the market closes in NY. There is enough information floating around now from government employees that know someone who knows someone who knows something.
The pre-announcement will have just enough information to leave some doubt but will also be enough to bring the price closer to an equilibrium in the event of a full ETF approval announcement. The last thing a government fish-head wants is to be credited with
spiking bitcoin by 200%, so pre-announcements and copious leaks is all part of the plan to get it priced in beforehand.
Thanks Elwar for being the go-between again, your help is appreciated.
Wow this afternoon looks like we have lyrics competition...
This is how much you boring with the price stable i think right? don't worry....some hours to open the banks again... $1300 will be broken soon ?
any ideas?
Yeah, I think $1300 will happen tomorrow. Given all the claims we've had this weekend that the ETF is already approved, regardless of how false thise claims may be, and the banks reopening to let money flow to the exchanges, I think people won't be able to resist taking extra steps to make sure they're on that rocket when it launches
I'm intrigued by Elwar's jump to 3 in his countdown!
I asked before but up to now i had no answer so can you please tell me what are the news regarding the ETF? i saw elwar posted the number 3...
now you tell me the ETF is already approved... what happend?? i left for some hours yesterday and today and i missed all the fun?
This is the "news" about the ETF, although I wouldn't bet the house on it. If I worked for the SEC I wouldn't risk prosecution by blurting confidential news out ahead of time.
My good friend is Pete McMillan and he works as a clerk for the SEC. He sent me a screenshot yesterday of his laptop. On it was the press release for next Wednesday on the Bitcoin Winklevii ETF... So the decision has already been made folks.
I thought this bit of information would silence the debate that has been raging the past few hours. Remember to only invest more than you can afford and never take the advice of anyone that is prepared to give it. Also, remember that no shoes were made for a cobbler's feet before they are first made for his children.
