Excellent news here folks:  Suddenly, Dubai Aims to Become First Blockchain-Powered City by 2020

http://bitcoin.xyz/suddenly-dubai-aims-become-first-blockchain-powered-city-2020/

I was just thinking the same thing.  What are they waiting for?

Not feeling much excitement. In spite of the price being the highest ever. Which tells me we are just getting started.

First let's conquer Bitcoin/gold-ounce parity.

We achieved it at Gox for about a minute (I was watching) back in 2013.

It bounced back down almost immediately. Very soon after that, China declared Bitcoin illegal for banking and the price plummeted. Coincidence? Maybe, maybe not.

Again this January, when the price of a bitcoin got close the price of an ounce of gold, the PBOC made an announcement that panicked the market. Coincidence? Maybe, maybe not.

Regardless of tinfoil-hat conspiracy theories, I consider gold ounce parity to be the real ATH we still have to beat.

As I've been typing, I see we just hit another ATH on Stamp... $1198 and climbing.

Go Bitcoin go.

Well well just got home and checked the price barely in time to see a new ATH... $1195.5 on Stamp.

Hopefully we'll get so accustomed to daily ATHs that we won't even notice any more.

Go Bitcoin go.

It looks like it's very much up in the air as to whether it will be approved or not. That is, the SEC doesn't know, let alone the rest of us.

They are giving it a serious look, which I view as long term bullish either way. It means that Bitcoin is growing up, and an ETF in one form or another will likely come to fruition soon. At the very least, the SEC seems to be trying to make it work, while still remaining careful. In fact, if they reject this one, it will probably be for a valid reason within the ETF itself, rather than due to any flippant or hostile attitudes toward Bitcoin. I've heard the case that the Winkle ETF may not properly handle the hard fork, so if something like that causes the SEC to balk, that's actually good for us.