Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1850. (Read 26609563 times)

SEC decisions:

Make it so / Do not make it so / Never make it so / Maybe make it so / Why make it so? / What make it so? / Who make it so? / Why is anyone listening to this make it so?



BTC reactions:

wait what these idiots will do when the gox coins get distributed...

IMO this surprising decision by the SEC actually means that these proposals will be accepted in the end. A bit of logical analysis is needed here. The main concern is that the SEC is only looking for excuses not to allow spot ETFs. There are plenty of reasons for this. In that case, they would not have done so. They would take their time and re-announce a whole list of problems that cannot be solved. Then it wouldn't matter if Blackrock et al.  named the spot exchange and what the details of the surveilance agreement were. The fact that they want these details is something well known to those who write articles and submit to journals. This implies that the article will be accepted if the author corrects the errors and omissions! Logically, this means that if Blackrock et al. provide the necessary information which satisfies the requirements in principle, the proposals will be accepted! I thnk that now the demand for regulated Bitcoin trade via ETF's is so strong in USA, that the time for excuses from the SEC has passed.

P.S. It seems that BTCsessions and I are on the same page:

Every other ETF: SEC sits on hands and extends deadlines until they must respond, then rejects them.

SEC to BlackRock after like 2 mins: "Hey buddy, looks like your application is not quite adequate. Here's some hot tips so that everything goes perfectly for ya!"
https://twitter.com/BTCsessions/status/1674782661108445185

Haha, no way, is that literally the reason for the mass dumping?

Some people are so dumb!

dump to 29,500 ...what a shitshow  





well that was a very short Bull Mode

Explanation
Chartbuddy thanks talkimg.com

With all we've been finding out, it's far from unlikely.

 Dammit!  It seems like something bad is brewing at Twitter as well.  I'm being coerced to sign up in order to view the content but I've only ever wanted to be a passive listener; guess I'm done with Twitter now too (for the second time).  Oh well, it happened before; I guess I should have expected it.
 
 France is always in some sort of turmoil but the protests seem to be getting more and more violent.   I wonder if this isn't instigated by the west for France's position on keeping an open diplomatic channel with Russia after the Russian army entered Ukraine or maybe for openly calling out NATO as brain-dead.

Time to panic sell then, I guess..  

Almost makes me want to get out of Bitcoin for the same reason you wouldn't want to be in a room with a guy holding a revolver and talking about 'the voices' and twitching.

#Bitcoin spreading in 🇩🇪 Berlin 🙌

https://twitter.com/BitcoinNewsCom/status/1674728269508222976?t=2kynlmzefeNdJfUroxLxLw&s=19

I got the exact same mail myself yesterday

you guys selling bitcoin because blackrock needs to refile its application naming Coinbase?

wow


https://twitter.com/Timccopeland/status/1674776053586464770

Think the market is overreacting here, seems like the "denial" is just a technicality and Blackrock/Fidelity just have to refile naming Coinbase as the exchange that they have a "surveillance-sharing agreement" with
https://twitter.com/WClementeIII/status/1674778064708935680

Hold up a second, this isn't as bad as headline. The key paragraph is deep in story. Basically SEC wants them to name the "crypto exchange" and give more details on SSA. That's understandable, arguably good news. I was under impression they'd have to update that as well.
https://twitter.com/EricBalchunas/status/1674777296438165505

@Ashcryptoreal
🚨 BREAKING 🚨
SEC SAYS THE SPOT #BITCOIN  
ETF FILINGS ARE INADEQUATE
BITCOIN -


https://twitter.com/ashcryptoreal/status/1674775491461664770

 Good things really do happen to good people!  Congratulations

Welcome to the lucky winners club, and since your reward is a little late, it looks like you got a little bonus

Who else got BTC?

Watching the 'peaceful' protests unfold in my neighbouring country France I wonder if Prigozhin should ask the french next time on how to properly overthrow a government. /s

Though in all seriousness, it looks like something very bad is brewing there, not looking good at all r/n.

-> https://twitter.com/search?q=%2523FranceRiots

Explanation
Chartbuddy thanks talkimg.com

Resume

Bull

Mode

Just got this mail... can't understand why it landed in my spam folder:



Hi Mrs. Johnson, We have deposited the 27 BTC which amount to (819,134.64 USD) as you requested into your bitcoin portfolio at www.*redacted*.net

Customer Id: *redacted*
Password: *redacted*


I guess I'm going to buy a new lambo with that money