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Title: Article explains how BATs rule change on 3.7.17 indicates ETF approval Post by: BitcoinBarrel on March 10, 2017, 12:40:29 AM Quote An obscure BATS rule change approved by the SEC at 3am on 3.7.17 paved the way for the COIN ETF's approval, and the investing public took little notice. https://steemit.com/bitcoin/@tlogs/why-the-coin-etf-will-receive-sec-approval-a-detailed-analysis# Title: Re: Article explains how BATs rule change on 3.7.17 indicates ETF approval Post by: FiendCoin on March 10, 2017, 01:03:00 AM I hope it gets approved so we can move on to more pressing matters.
Title: Re: Article explains how BATs rule change on 3.7.17 indicates ETF approval Post by: spiderbrain on March 10, 2017, 02:44:03 AM Yup, as discussed here a few days ago
It's exactly the same rule that BATs asked the SEC to change to allow the COIN ETF https://www.sec.gov/rules/sro/batsbzx/2016/34-78262.pdf so it might be the SEC approving COIN in the most understated way ever..? Title: Re: Article explains how BATs rule change on 3.7.17 indicates ETF approval Post by: RoommateAgreement on March 10, 2017, 03:57:21 AM I hope it gets approved so we can move on to more pressing matters. yeah, me too. this is being dragged on for too long and when price rises or even stays stable people aren't distracted anymore. and besides i believe this can lead to a lot more adoption because in case of approval bitcoin (indirectly) will be officially reliable investment. regular people wouldn't just ignore bitcoin because it is digital money. Title: Re: Article explains how BATs rule change on 3.7.17 indicates ETF approval Post by: jacafbiz on March 10, 2017, 11:19:06 AM I don't think it will be approved,some people are there taking their profit before the news go public. I think the rejection is the best for Bitcoin
Title: Re: Article explains how BATs rule change on 3.7.17 indicates ETF approval Post by: btcmerich on March 10, 2017, 12:02:59 PM I don't think it will be approved,some people are there taking their profit before the news go public. I think the rejection is the best for Bitcoin why would rejection be the best for bitcoin? Title: Re: Article explains how BATs rule change on 3.7.17 indicates ETF approval Post by: LFC_Bitcoin on March 10, 2017, 12:11:25 PM I don't think it will be approved,some people are there taking their profit before the news go public. I think the rejection is the best for Bitcoin Why on earth would an ETF rejection be good for bitcoin? Did you mean to say it'd be good for you to load up on cheap coins in the event of a price crash because you missed the train? Title: Re: Article explains how BATs rule change on 3.7.17 indicates ETF approval Post by: Denker on March 10, 2017, 12:17:26 PM I don't think it will be approved,some people are there taking their profit before the news go public. I think the rejection is the best for Bitcoin Why on earth would an ETF rejection be good for bitcoin? Did you mean to say it'd be good for you to load up on cheap coins in the event of a price crash because you missed the train? I think it's a two edged sword and a very thin line Bitcoin would have to go if the ETF gets approved. Vinny Lingham wrote a great blogpost about why an ETF in the actual state could be a big risk. It's mostly a question what whould be the right moment. https://vinnylingham.com/preventing-another-bitcoin-bubble-98dee44e2c7c#.60xiyzqu0 (https://vinnylingham.com/preventing-another-bitcoin-bubble-98dee44e2c7c#.60xiyzqu0) |