Will SEC never approve Bitcoin ETF? - page 2.

bitbunnny

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Quote from: ecnalubma on February 12, 2019, 11:51:18 AM

Its just a matter of time before they approve this thing but technically we don’t need them directly. ETF’s not the real adoption its a way to open this market for me institutional investors with confidence and guaranteeing them an easy returns.

Technicallly this approval process could last forever. There is no any obliged time frame. But I still think that people are expecting way too much from ETF approval when in theory this will not change much and it will not influence Bitcoin price to suddenly rise to the sky. But in some extent market could react in positive way on short term basis.

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Its just a matter of time before they approve this thing but technically we don’t need them directly. ETF’s not the real adoption its a way to open this market for me institutional investors with confidence and guaranteeing them an easy returns.

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Quote from: Spider A4 on February 12, 2019, 07:12:09 AM

SEC will be approved Bitcoin ETF there is something positive news about it.
I think anyhow if it will be approved market must be increase everybody say that.
https://cointelegraph.com/news/sec-commissioner-jackson-thinks-regulator-will-approve-btc-etf-leaked-interview-shows

I'm pretty sure ETF will be approved soon once exchange owners will proved its legalities. Regulatory boards are also concerns with the people and they could just make any mistakes that could lead into confusions and could ruin their reputation. People we're watching this, and I know we all excited for its approval.

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Quote from: killat on February 11, 2019, 12:14:11 AM

Quote from: r32godzilla on August 24, 2018, 07:36:08 AM

Just read an article in reddit.com.It says that the SEC has not approved ETF as it thinks that unidentifiable people could influence the market.If such manipulation occurs,SEC wishes them to be identified.

So will there never be an SEC approved bitcoin ETF?

https://www.reddit.com/r/Bitcoin/comments/99n8g3/in_case_you_didnt_read_it_the_sec_disapproved_the/

Sooner or later Btc ETF will be approved as big institutional investors are willing to join the boat. The just want to buy a lot of btc before as cheap as possible. Until they did not filled their pockets price will continue to be manipulated.

However, don't forget that price reached 20k without any ETF approved.

Even without ETF it can reach more heights,ETF is just a tool for speculation now but we really don't need it to use it in the regular basis.Institutiona investors will make the cryotos too expensive which will become like an asset if they were here.So decentralized economy will become a dream though.

Spider A4

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SEC will be approved Bitcoin ETF there is something positive news about it.
I think anyhow if it will be approved market must be increase everybody say that.
https://cointelegraph.com/news/sec-commissioner-jackson-thinks-regulator-will-approve-btc-etf-leaked-interview-shows

killat

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Quote from: r32godzilla on August 24, 2018, 07:36:08 AM

Just read an article in reddit.com.It says that the SEC has not approved ETF as it thinks that unidentifiable people could influence the market.If such manipulation occurs,SEC wishes them to be identified.

So will there never be an SEC approved bitcoin ETF?

https://www.reddit.com/r/Bitcoin/comments/99n8g3/in_case_you_didnt_read_it_the_sec_disapproved_the/

Sooner or later Btc ETF will be approved as big institutional investors are willing to join the boat. The just want to buy a lot of btc before as cheap as possible. Until they did not filled their pockets price will continue to be manipulated.

However, don't forget that price reached 20k without any ETF approved.

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Quote from: exchangestolemycoins on February 10, 2019, 08:27:44 PM

There is a lot of press around this topic, and what I've taken away is:

- it will happen eventually
- it won't cause a massive influx of cash
- the head of US SEC thinks it "should" be approved soon

Given that applicants meet guidelines laid out for them...

Right, lately there's a lot of spike in the news again regarding the approval or rejection of Bitcoin ETF, that's while we made some rally in the last 2-3 days.

But, don't be excited because it is not yet approved so we can't see the net positive effect yet. If might really bring a influx of cash, but I would like to see its a steady growth and not the bubble that we have seen in 2017, so we need to wait.

shesheboy

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Quote from: SistaFista on February 10, 2019, 09:15:43 AM

As far as i know, SEC have not accept any bitcoin ETF yet until now.

i thought this matterr is already done ? i hear a post lately , the guy said that etf is already approved bitcoin . that is also the reason why we see a greens now .

Quote from: SistaFista on February 10, 2019, 09:15:43 AM

Of course, they rejected many bitcoin ETF proposal from some parties already.

its not many . afaik it is only 2 proposal that they try to avoid .

Quote from: SistaFista on February 10, 2019, 09:15:43 AM

But it doesn't mean they won't accept any bitcoin ETF in the future. If they have enough time to conclude the result, maybe they will approve some.

yeah maybe they are not ready that time . dealing with bitcoin is not a joke . you need to understand its consequences first and that is what their doing .

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Quote from: exchangestolemycoins on February 10, 2019, 08:27:44 PM

There is a lot of press around this topic, and what I've taken away is:

- it will happen eventually
- it won't cause a massive influx of cash
- the head of US SEC thinks it "should" be approved soon

Given that applicants meet guidelines laid out for them...

We just have to wait for the other commissioners soon.

exchangestolemycoins

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There is a lot of press around this topic, and what I've taken away is:

- it will happen eventually
- it won't cause a massive influx of cash
- the head of US SEC thinks it "should" be approved soon

Given that applicants meet guidelines laid out for them...

jerrison

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yes. it is obvious the SEC will approve the blockchain technology and the bitcoin in particular but it will only take time and perseverance from the big whales in the space. it has been a while since the SEC has its chance to make decisions and i believe that there is a time frame given to SEC to make decisions of approval.

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Doesnt the CTFC manage ETFs though?

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Quote from: abstractednerve on February 10, 2019, 11:26:13 AM

Though I love to see crypto in decentralization but at this moment SEC's ETF approved can be big help for the bitcoin and the total crypto market. If that article's news is real then I have doubt about it. SEC will not approve bitcoin until it makes a stable price, as we can see SEC is rejecting bitcoin everytime, volatility can be a reason for it.

The SEC is also in a position to judge not to refuse continuously because they also do not want crypto transactions to move in a chaotic manner without regulations and the possibility of new investors in big waves that cannot be monitored anymore. many coins will try to stabilize prices even though bitcoin doesn't do it. The SEC also reads things that are constantly being processed in a generic investment circle in the market.

kxz1498

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SEC sentiment is getting more positive now. We just need a majority of the commissioners on our side.

abstractednerve

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Though I love to see crypto in decentralization but at this moment SEC's ETF approved can be big help for the bitcoin and the total crypto market. If that article's news is real then I have doubt about it. SEC will not approve bitcoin until it makes a stable price, as we can see SEC is rejecting bitcoin everytime, volatility can be a reason for it.

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Quote from: SistaFista on February 10, 2019, 09:15:43 AM

Quote from: r32godzilla on August 24, 2018, 07:36:08 AM

Just read an article in reddit.com.It says that the SEC has not approved ETF as it thinks that unidentifiable people could influence the market.If such manipulation occurs,SEC wishes them to be identified.

So will there never be an SEC approved bitcoin ETF?

https://www.reddit.com/r/Bitcoin/comments/99n8g3/in_case_you_didnt_read_it_the_sec_disapproved_the/

As far as i know, SEC have not accept any bitcoin ETF yet until now.
Of course, they rejected many bitcoin ETF proposal from some parties already.
But it doesn't mean they won't accept any bitcoin ETF in the future. If they have enough time to conclude the result, maybe they will approve some.

well, maybe the news for rejecting SEC ETFs against bitcoin is no longer a secret. however, there are a few things I heard about this, and they said that the SEC might later accept bitcoin. this certainly will greatly affect the development of bitcoin in the future.

SistaFista

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Quote from: r32godzilla on August 24, 2018, 07:36:08 AM

Just read an article in reddit.com.It says that the SEC has not approved ETF as it thinks that unidentifiable people could influence the market.If such manipulation occurs,SEC wishes them to be identified.

So will there never be an SEC approved bitcoin ETF?

https://www.reddit.com/r/Bitcoin/comments/99n8g3/in_case_you_didnt_read_it_the_sec_disapproved_the/

As far as i know, SEC have not accept any bitcoin ETF yet until now.
Of course, they rejected many bitcoin ETF proposal from some parties already.
But it doesn't mean they won't accept any bitcoin ETF in the future. If they have enough time to conclude the result, maybe they will approve some.

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Quote from: susuberuang on February 08, 2019, 11:06:47 AM

the meetings held to discuss ETF and SEC are all just price manipulations, they try to master the circulation of cryptocurrency so they want to try to be the driver of cryptocurrency prices and that will make the discussion fail because bitcoin will never be able to be controlled by anyone.

In it's real essence it should not be controlled by anyone but everyone, It's all about dominating the market and with this behaviors we are still
far from seeing any positive executions but more on a speculative drive, hopefully this one will be settled for benefits of both parties.

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Quote from: H1N1 on February 08, 2019, 01:36:12 AM

I guess they need more time to evaluate the current condition of cryptocurrency and considering many things that will happening if they approve the Bitcoin ETF. There were many Bitcoin ETF proposals rejected already, and i guess it will be hard for them to approve it after all.
For me, approved or rejected, the most important is cryptocurrency keep developing and won't die.

Actually we don't need it so people are just speculating with ETF,no real crypto enthusiast want that to happen because crypto is currency not investment so people who are not knowing the result of bitcoin on ETF need to read this https://cointelegraph.com/news/why-an-etf-is-a-bad-idea-for-bitcoin

susuberuang

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the meetings held to discuss ETF and SEC are all just price manipulations, they try to master the circulation of cryptocurrency so they want to try to be the driver of cryptocurrency prices and that will make the discussion fail because bitcoin will never be able to be controlled by anyone.

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