Bitcoin Forum

Will it still happen this year? Will it impact prices significantly? Has there ever been previous ETFs that have affected stocks and proces dramatically?

Copy from my post in the wall observer thread:

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Those who waits for ETF totaly fucked the market, cause anything other is not important. And you know what, ETF is imo not coming for at least a year or even two. Till then we will be just bleeding?

If you asked what would happen if paypal would start integrating bitcoin in the begining of this year everyone would be screeming 5k or 10k, now we can not fuckingly climb back to $500. And manipulators know that and they are here to milk everyone. Just because everyone wants to sell to buy a bit more a little lower of the cheap coins.

We did this ourself. When ETF comes and no result - then what? Smth new will come (regulation or anything) and ETF won't be a wanted story anymore. Damn, just sell to buy a bit lower a bit more.

Approval denied!

So, there's not been any news as to when they might be starting then?

Not Winkelvoss, but Secondmarket says they will have a fund available to retail investors this year:
https://www.cryptocoinsnews.com/bitcoin-now-mainstream-investment/

Silbert said in december that in 3-6 months (10 months ago) billions are coming in BTC and all his talks with 43 large bank instituions with $X00 billions that wants to move in BTC... I think this says it all.

Gone back to trolllllllling on this account?

Not trolling, but show you guys a bit of reality.

https://i.imgur.com/QJdCMDJ.jpg
https://i.imgur.com/ZenYYEQ.png
https://i.imgur.com/zRHaX8c.png


 ;D ;D ;D

Exactly. Silbert is a scammer, a pumper and a dumper.

Reality? Saying the ETF has been denied is an outright lie  ::)

Until theres solid evidence on either side, you can't really say whether or not it will happen this year tbh.

Have to admit, i have always assumed it would be denied, even though i am a long term bull. Just seems to me .gov will not make shit that easy for us, i think it's more likely they will try and kill it.

What do you trolls have to gain by lying and saying the ETF is denied?

Personally, I don't think its trolling that much, its very optimistic to assume this will go through so easily, someone will try and make it hard.

The wait for the ETF seems to be eternal.  >:(

Before've heard a lot, and now it seems that there is no news, it has been listed yet?

I thought it was listed as 'pending' on Bloomberg already...

This is good news! Silbert has lots of going on. Let's hope he will deliver.

e: the article is quite old so, it is not exactly "news"  ;D

If the government wants to kill it they would have done so by now

There is no news because it is not time for pumping but for dumping and spread FUD (like ETF not coming).

that's a good theory, it makes sence for people trying to invest to sit on news until the price drops further, but I can see a massive rise happenning on any good news about the ETF, even if it is false hope, it should drive the price sky high...hopefully.

The Winkelvoss EFT is a dump. They bought a lot of Bitcoins and can't unload them without crashing the market. The EFT is a way for them to exit Bitcoin.

thats a lot of time and effort to go about exiting bitcoin, are you sure they don't want to acctually make money?

Bingo

Is it possible that bitcoin is declining because insiders already know the ETF will be denied and are dumping?

You guys will be surprised just how much insider trading happens. Most wealthy people have lots of contacts and they know the news before the common investor.

They make money selling their own coins to the ETF.  And they make money managing it.  I agree its a dump

Cultists and permabulls should hope and pray that the ETF is never approved, since it would create a tremendous amount of sell pressure, dwarfing even the pressure experienced these latest months.

So, why not offload your own coins now? I'm still hopeful for it to come, gonna keep optimistic :)