I haven't heard much about the Bitcoin ETF lately. There seemed to be some consensus that it would open by the end of 2014. Maybe an "entity" of some sort knows something the rest of us do not know yet? This would explain a lot about why the price is being desperately pushed down.
i think they keep filling it and it keeps getting rejected, someone posted a link the other day and you could see them filling it every few months.
not sure if legit or even how these things work tho...
maybe regulators are waiting for the "bottom" to open it up to the public?
idk.
SEC rejects application for Winklevoss COIN ETF due to Bitcoin's apparent slide toward death. More news at 11.
/sarcasm
Now that would depress me! But things were looking good, especially with the hiring of Kathleen Moriarty, a lawyer that has had great success in getting ETFs pushed through, even ones that are not as valid as a Bitcoin ETF would be. Just my thoughts. Patience people.
You are expecting too much of the news and some minor events (spotted multiple times). This market is not run by the news.
True. News hasn't seemed to effect the price much lately, and perhaps you are right that my expectations are unrealistic.
But I think that the ETF will be a little different in that it opens a door for a different kind of investor to get involved with BTC and there are millions of dollars that could very easily be thrown into BTC in a matter of days or weeks.
We are bouncing from $360 3x times now.
