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Topic: Will SEC never approve Bitcoin ETF? - page 6. (Read 19318 times)

sr. member
Activity: 2044
Merit: 330
January 10, 2019, 12:08:09 AM
#42
I believe it will be in the good interest of SEC to approve the Bitcoin ETF. It will help regulate the market like gold is now. But if it is not approved, it will not stop Bitcoin gaining higher price and use. Did Bitcoin not get to $20,000 without the ETF?
jr. member
Activity: 250
Merit: 1
September 19, 2018, 10:35:19 AM
#41
everything is possible but I am a bit skeptical it will be approved this year
full member
Activity: 854
Merit: 108
January 10, 2019, 12:02:21 AM
#41
It is very difficult to tell if the SEC will approve the ETF products as at this moment there is no clear sign of what will be their decision but hopefully it will be approved as the SEC knows that ETF would attract billions of investments in the future in which a big help to the economy.
full member
Activity: 392
Merit: 101
September 19, 2018, 10:31:39 AM
#40
I think SEC approve bitcoin ETF if they found that ETF has a good impact to them, that ETF have a value and if they realize the value of ETF and if SEC approcve ETF we see the green market again.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
January 09, 2019, 09:59:19 PM
#40
We will see what their first decision this year, and hopefully it's the best for us.

If ever we got an approval this year, it's gonna create some hype because this will drive investors to put their money with confidence.
In the past, we didn't seek for any government approval because we are decentralize and we think we can live with it, but we got bigger, we are put under their radar, so now they are trying to make things for us to be in compliant with them.
member
Activity: 596
Merit: 10
January 09, 2019, 06:10:46 PM
#39
I do not think that this will radically affect the price of cryptocurrencies. Just a positive decision would help us to get new investors in the market, which would contribute to the growth of prices. But if the decision is still not approved, then crypto will continue to develop itself little by little.
member
Activity: 392
Merit: 21
January 09, 2019, 05:45:56 PM
#38
Perhaps they wouldn't, because all of the postponements for sure, regardless of all the considerations, would be inevitably rejected due to bitcoin's 'susceptibility to price manipulation' which I think makes sense on the side of SEC's standards. No matter how good ETF proposals are, price manipulation for bitcoin is always present, no matter how hard the regulations are trying to minimize or eliminate it. Perhaps these people could just divert their energy and attention towards other aspects and areas, just not ETFs which we know will never, ever be approved no matter how hard they try.

I agree with you completely
Add to that the market will not be affected much by the refusal decision of the ETF
  Previous decisions have given many signals in this direction
The market is expecting this rejection
But in the long run, ETF will enter the encryption market.
full member
Activity: 458
Merit: 112
January 09, 2019, 05:43:15 PM
#37
As long as BITCOIN will not have development SEC ETF will be hard to be approve.
We need more development on the system for the other country accepts the BTC.
But not far iun the future it will be implemented and signed.
member
Activity: 420
Merit: 10
January 09, 2019, 05:34:13 PM
#36
Bitcoin ETF will not be approved in February, but it will positively affect the cryptocurrency market.

I think bitcoin should exist in its law and live by its rules
newbie
Activity: 40
Merit: 0
January 09, 2019, 05:32:36 PM
#35
Wait does the SEC shut down is the government shuts down???
jr. member
Activity: 209
Merit: 1
Semi-Decentralized Exchange
January 09, 2019, 04:44:45 PM
#34
I think that in the near future, when only the top coins remain, and the cryptocurrency will be used as a means of investment, and possibly investment, then ETF will be approved.
legendary
Activity: 2464
Merit: 1387
January 09, 2019, 04:31:30 PM
#33
ETFs are just good for speculators, and Bitcoin has enought speculators already. I would preffer if the lighting network software gets much better routing first, then widespread lighting network adoption - this would make Bitcoin super usefull instead. After this I would not mind ETF with physically backed Bitcoins.

Yes thats a good point.
I think there are a lot of people who dont give a damn about ETF's instead
What they are interested in is the expectation that the ETF's will affect the
value of Bitcoin in a positive way.
member
Activity: 350
Merit: 10
A Blockchain Mobile Operator With Token Rewards
January 09, 2019, 04:30:28 PM
#32
This topic has really become the talk of the crypto market because of how many claims any rise in market would definitely come from such a good news like that of the approval of the Bitcoin ETF. Anyway SEC actually says this approval could go on for long but quite recently japan has announced a possible acceptting of Bitcoin ETF. Let's wait and see whether this is able to influence the US SEC to also approve it.
full member
Activity: 686
Merit: 227
January 09, 2019, 03:30:19 PM
#31
I think that much will depend on the popularization of Bitcoin. If many people in the whole world start buying Bitcoin, then the SEC can allow ETF.
newbie
Activity: 294
Merit: 0
August 28, 2018, 11:43:10 AM
#30
First of all never believe everything that is posted on Reddit. They just spice things up to create more drama and to make their headlines more popular. Plus our main focus should not revolve around the ETF getting approved or not.
full member
Activity: 644
Merit: 103
August 24, 2018, 04:02:57 PM
#29
I think yes, SEC looks like hate cryptocurrency so much, i dunno when their will change their mind, i hope SEC will approving Bitcoin ETF in future
member
Activity: 456
Merit: 10
August 26, 2018, 09:03:49 AM
#29
The strongest ETF application is from CBOE and should be reviewed at the end of September and the overall feeling is that it will get accepted, if not in September then at the beginning of next year.
member
Activity: 364
Merit: 10
August 24, 2018, 03:57:22 PM
#28
I am sure that next year the SEC will approve ETF for bitcoins, even if it contradicts all the rules. Too big investors want it. The rich always win.
full member
Activity: 448
Merit: 102
August 25, 2018, 06:37:34 PM
#28
yes, it is very difficult to identify any market manipulation, and market manipulation has a huge influence on the stability of crypto trading.

besides, the SEC considers that the Bitcoin ETF is HYIP. and that will create lose for everyone.

MTGOX is an exchange that is destroyed by market manipulation.
jr. member
Activity: 118
Merit: 1
August 25, 2018, 06:20:21 PM
#27
The commission will eventually approve.  I believe they are doing there best to get up to speed and create a level playing field so everyone can be protected and safe during trading. 

Yeah what I wrote above ain't happening.  They are going to approve the ETF so they can print 14 billion Bitcoins and flood and control Bitcoin just like they do with Silver.  And the people on this board are begging for it.  LOL.  We had a nice run boys. 
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