Bitcoin Forum

Economy => Speculation => Topic started by: Hydrogen on March 10, 2017, 09:13:14 PM



Title: SEC Announcement: ETF Denied?
Post by: Hydrogen on March 10, 2017, 09:13:14 PM
I see an update here, which seems to say the ETF was denied by the SEC:

https://www.sec.gov/rules/sro/batsbzx.htm

Looks like btc price is way down.

Could be a good time to buy!?

 ???


Title: Re: SEC Announcement: ETF Denied?
Post by: Come-from-Beyond on March 10, 2017, 09:16:39 PM
Could be a good time to buy!?

Go ahead.


Title: Re: SEC Announcement: ETF Denied?
Post by: unholycactus on March 10, 2017, 09:19:20 PM
Could be a good time to buy!?

Go ahead.

It was denied. Good luck trying to trade, exchanges such as Kraken or Coinbase are unresponsive.


Title: Re: SEC Announcement: ETF Denied?
Post by: btcprice on March 10, 2017, 09:20:10 PM
Could be a good time to buy!?

Go ahead.

It was denied. Good luck trying to trade, exchanges such as Kraken or Coinbase are unresponsive.

I just got in to Coinbase with my mobile app.


Title: Re: SEC Announcement: ETF Denied?
Post by: crazyivan on March 10, 2017, 09:21:04 PM
Now alts re gonna be big time green. Go Factom. Go Etherum!


Title: Re: SEC Announcement: ETF Denied?
Post by: AngryDwarf on March 10, 2017, 09:21:31 PM
Could be a good time to buy!?

The sheep who follows at the back will always get eaten by the wolves.
The bulls who leads the heard gets the chance to fight the bears.

Only a clairvoyant will know exactly when the market hits bottom or is about to blow its top.


Title: Re: SEC Announcement: ETF Denied?
Post by: dopecoindude on March 10, 2017, 09:23:24 PM
Crazy!  :o


Title: Re: SEC Announcement: ETF Denied?
Post by: equator on March 10, 2017, 09:34:20 PM
Even if it got denied , the market have not crossed down below $1000 that is the main sentiment point and i think it will regain it as their is one more chance of getting accepted on march 25 around i think so.


Title: Re: SEC Announcement: ETF Denied?
Post by: ebliever on March 10, 2017, 09:37:39 PM
Even if it got denied , the market have not crossed down below $1000 that is the main sentiment point and i think it will regain it as their is one more chance of getting accepted on march 25 around i think so.

The way I read the decision, those other ETF proposals are likely DOA now, because the reasons I saw in my quick skim is that the problem is the unregulated nature of bitcoin. If that's the case, any other bitcoin ETF faces the same reasoning and the same outcome. Hopefully I am dead wrong about this.


Title: Re: SEC Announcement: ETF Denied?
Post by: Velkro on March 10, 2017, 09:37:53 PM
Denied, so what?
I agree with Andreas:
Quote
Andreas M. Antonopoulos: "If you measure bitcoin's success by the approval of the incumbent and obsolete industry it replaces, you're doing it wrong"

Couldn't write it better.


Title: Re: SEC Announcement: ETF Denied?
Post by: thesavoyard on March 10, 2017, 09:57:12 PM
Denied, so what?
I agree with Andreas:
Quote
Andreas M. Antonopoulos: "If you measure bitcoin's success by the approval of the incumbent and obsolete industry it replaces, you're doing it wrong"

Couldn't write it better.

Then make it easier and safer for people to buy BTC. Right now it's a pain in the @55.


Title: Re: SEC Announcement: ETF Denied?
Post by: BitcoinFX on March 10, 2017, 10:15:48 PM
Denied, so what?
I agree with Andreas:
Quote
Andreas M. Antonopoulos: "If you measure bitcoin's success by the approval of the incumbent and obsolete industry it replaces, you're doing it wrong"

Couldn't write it better.

Hear, hear!


... dance, dance, dance to the distortion!   ;D