Topic: Winklevoss bitcoin etf coming soon...maybe by oct 12 - page 2. (Read 3997 times)

Yes, I 'm not really afraid of the stalling, I just hope they approve eventually.

If they approve at some point, now or in the next 200 days, that would probably be really good for bitcoin and possibly trigger the next ATH.

In fact it might be good that they stall, because bitcoin is not ready for mass adoption right now because of the 1MB blocksize limit which should have been removed Q1 2016 if you ask me.

They were a little bit too late to jump on the Bitcoin bandwagon when the price had been in the two digits range. Let these slowpokes have a little bit more time this time to fill up their pockets before hitting the Start button. Unlike most bitcoiners, they have families and friends, after all. And friends may have families too. It's a family business, isn't it?

I have read that the SEC could stall this for up to 240 days!? That's including the stalling they have already done.

I beg to differ Kwuk.  I was here in 2011 (under another name), personally mined some at home with Radeon 5850 cards (noisy ! ), also bought and traded quite a lot in those heady days for various real world goods, helping to encourage adoption, *and I sold a *small percentage of them at just over $1000/coin, *and had *no trouble getting my $ out from the exchange I used (not Gox).   Sadly I cant tell you how much I made without giving away too much information, but suffice to say I'm quite happily smiling, and I still have most of my coins.

And Im not even that interested in just trying to make more fiat $ by playing bitcoin day-trading games (as many try to).  Im financially comfortable with my regular income..  I sold some mainly to prove to myself and a few skeptical others that I *could push some buttons and turn these digital token into cash if I wanted to.  They were convinced

I am *more interested in the potential of Bitcoin to introduce some "new blood" and new ideas to try into the worlds financial systems, and hopefully force some evolution into the merry-go-round of Fiat Currencies with their proven-to-fail-over-and-over-again history of doing the same thing and expecting a different result.   I see them as "shares" in a Global company that is doing things I like to see done for a better future, not just trading cards to try and squeeze out a quick fiat profit.

Just because you're a loser with no future vision who got sweaty palms and dumped his load (@$10 I heard ?) and have been spouting sour grapes while trying to make $ by shorting Bitcoin ever since, doesn't mean everyone is.

It never really did... just because everyone was using one exchange that got messed up by a bot doesn't mean it was actually valued that high by people... Even people qho claim to have sold at the top (funny how many claimed that in the first place) were never able to get their fiat out. *POOF* aaaand it's gone. The real value people trading those ranges got was exactly or near $0.

When something interesting is launching, people directly think it will make the price sky rocket. With several great things being announced and released, the price hasn't done a single thing. Traders don't seem to care, and institutional traders seem to care even less.

This has been in the pipeline for way too long.
People will believe it when it actually fructifies.

No.

Not if there are anymore Bitfinex type companies just waiting to happen.Then it could be a success story from these "missed opportunity" facebookers.

I personally don't have any experience with these ETF's or trading on the stock market but if it is backed by a reputable corporation unlike these failures of the exchange markets, then you can be sure that I will look into this golden opportunity further.

people are too greedy for margin and too careless with their coins to use gemini. I think it's gonna take somewhere between 10-20 more goxings before it finally sinks into their thick skulls.

No no no.
I'm pretty sure the final decision will be made next year in february as SEC has the option to extend the whole case for another 200 days.
So nothing is coming soon buddy!!
And is worst case it will be rejected!
But sooner or later we will see an ETF getting approved.

Heard it all before, I'll believe it when I see it. This has been spoken about for a couple of years now.
No doubt the price would go up if their ETF was given approval but when/if it ever happens we don't know.

that's exactly the reason of why i don't take anything coming from the twins serious. they are loud mouths that have not proved a single thing at this point.

Only if Chinese are allowed to get in on the ETF, which is not possible under current SEC rules.

Or, if China decides to "free" bitcoins in China.

Winklevoss twin's ETF is "little too late" to the game.

Current situation seems awfully similar to hype before previous project of Winklevoss - Gemini was announced.
People were saying back then - after Geminin will go live it will dominate market and price of BTC will skyrocket for sure.
And we all know what happened. Gemini is online and I personally don't know anyone who used it. Also it had zero impact on bitcoin price.

I never take any notice of these dates, they're always delayed. This supposed ETF has been in the pipeline for years, I'm not sure if they'll ever get approval.

nope.

the only decision pending is the one about the rule change for the bats exchange that opens the door to the application. it's got nothing to do with the etf itself. if that rule change is approved then the etf starts to be considered and there's no time frame for that at all.

I know I have been waiting this long to get something solid in the works for this.

So this breaking news is basically 'Let's get ready to get ready!'.

I say big deal.  I don't see a big effect on bitcoin because of this,  but I will admit I could be wrong.  But this is a way of betting on bitcoin with leverage, without actually owning bitcoin.  Isn't this kinda what most bitcoiners are against?

Ok....whatever u say boss..
U sound like one of those guys who said bitcoin would never go to $1000 when it was trading @$12 .....hehe