Wasn't the Winklevoss ETF supposed to be approved by 2014? Then again by 2015? Now by the end of 2016? I keep hearing the same thing every year... what's different this time?
Also, didn't the Winklevoss release their ETF called Gemini? Or is that just an exchange? I'm so confused because I've been hearing about the same ETF for the last 2 years and nothing changes
Winkelvoss ETF was never approved during 2014, 2015 otherwise it woud alrdy be here..you're overeacting a little bit. You need to pay for lawyers, regulaters, filling paperwork to SEC etc, that cost a ton of money and time. Bitcoin is a brand new asset class with a lot of potential, it is not easy to make a framework. All party's needs to be happy, if the first farmework does not fit the requirements than a new one will be planned and that will take a new chunk of money and time. There are more ETF's going on than the Winkelvoss but the 2 brothers are going for BATS exchange. Imo that fits Bitcoin better than NASDAQ. Have patience friend, Bitcoin ETF's will come.
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Bitcoin ETF approval within 5 months. A new exchange traded fund designed to track the price of Bitcoin may be on its way to market. New paperwork has been filed with the SEC for the new ETF, titled Solid Bitcoin Trust, according to reports from ETF.com.
SolidX Partners Inc. says the Bitcoin within the ETF will be insured in case of theft, destruction or computer fraud, with the Bank of New York Mellon acting as custodian.
The new fund requires a rule change filing with SEC by the carrying exchange, due to Bitcoin’s status as a new asset type. The fund will kick off with an initial offering value at around $1 million.
Approval is pending based on the approval of the rule change filing; a precedent has since been set by the Winklevoss Bitcoin ETF, which the infamous brothers filed for on June 30. It’s anticipated that fund will receive approval by the end of 2016, with the SolidX ETF receiving approval by early 2017. http://www.wealthprofessional.ca/news/etfs/new-bitcoin-etf-on-its-way-to-market-211198.aspx
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To be honest I do not think that you are going to be a millionaire with only 10 Bitcoin, you will need allot more if you are serious about becoming a millionaire with Bitcoin. It is also going to depend on what the price is going to be in the future so many things need to come in play for you to know if you will become a millionaire.
That's not possible, because bitcoin won't grow that high to make an user millionaire. Now the price often getting steep variation, but this price won't continue after years. After years due to the increased user profile bitcoin price will be around certain limit which won't make users millionaire by 2030.
Never saw this pic? The 4th is not realistic but the other one's do. 21mil coins for 7b people do youre maths! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FbPveIiYl.png%3F1&t=663&c=6WgNRUvkb3UY0g)
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Congrats all, this feels like new years eve ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FTwF6phM.png&t=663&c=ku4mdMAYU_1RmA)
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coinbase is looking a little ragged these days what with gdax usability issues and them losing utility in a few countries. they need some extra vc millions to throw away to look nice and shiny again.
Fixed Bitcoin exchange Coinbase said on Thursday it received a $10.5 million investment from Bank of Tokyo Mitsubishi UFJ (BTMU), the bank's Mitsubishi UFJ Capital unit and Sozo Ventures as part of a strategic partnership involving its long-term expansion http://www.reuters.com/article/us-bitcoin-coinbase-bank-of-tm-ufj-idUSKCN0ZN27DAnyway, tomorrow is halving day! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FlVx4VsP.jpg&t=663&c=c8zI8gFAytMv9w)
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No, look at the confirmed data sources. Long term is down as people realize the mining analysis is clearly negative toward the data and technical analysis data studies. It's pretty clear, and if you don't want to lose money, sell your bitcoins now.
Bla bla bla bla bla! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FmH57lSF.jpg&t=663&c=O6868IiWEyb46w)
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Jezus people, learn to spot a troll. The only question is whether Bulgarian is Lambie again or not. My money is on yes.
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fb4PaiNK.gif&t=663&c=Xm43DjkchZ2a2g)
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sent 0.5 btc (about € 300,-) this morning. 4 confirmations in 40 minutes. fee was 17 cents. yesterday a same sized transaction went through for 8 cents. imho, paying less than 0.1% fee feels not expensive at all. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) just wait till lighting makes it so your fee is less then half a cent and your TX confirms within 5 seconds @ -09:07 Roger Ver thinks it takes at least another year, and likely many years, before LN is ready on mainnet. http://www.alexfortin.com/rogerver/Roger likes bigger blocks not LN, he overreacts with ''many years''. Bitcoin cannot please everyone, hate it ore love it the LN ore Thunder is comming within 1 year.
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How is it possible that so many people here doesnt know how high Bitcoin can go?
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The Bitcoin ETF will come and to be honest, the ETF fits better in BATS than in Nasdaq imo.
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Thread started with: Going to start a thread posting my own ideas and what is happening with BTC. Ends with: Are you sure you should be sinking so much of your wealth into a flawed prototype crypto that is destined to fail one day?
Bitcoin, is fucking shit at doing what it is actually meant to do, and for this reason above all else, it's future is limited.
What happend in that time? If you where trading ore just holding Bitcoin for so long and still not sitting in the green, you did something very wrong. http://moneymorning.com/2016/06/28/investing-in-bitcoin-has-delivered-an-annual-return-of-82/Dont tell me you didn't scooped up those nice sub $200 coins for an even higher % ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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if i interpret google translator correctly it is saying china is legalizing bitcoin officially? no more december 2013 "china-ban-doom" possible? if this is no hoax, if this is the truth, then we know now what caused the price jump since end of may: chinese politician/function elite insider trading. they knew it would unleash the beast. so better get some while there are cheap. No Hoax! On Twitter; CN General Provisions Civil Law (Draft): Virtual assets will be officially protected by law. Providing legal basis for BTC related cases. https://twitter.com/cnLedger/status/747593573017673728?ref_src=twsrc%5Etfw
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This market hedge stuff is pure bullshit and you'd have to be a moron to believe it.
It does however plant a seed for the future in a few minds.
I wanna know what youre ECB overlords will do with 444b Euro's (created out of thin air) during this ''Brexit event'' http://www.ecb.europa.eu/mopo/implement/omo/html/20160065.en.html
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The price will either go to $0 ore $100k+ so with 10 you can become rich, there is only 1 problem; can you hold it out long enough?
I'm gonna take that opportunity , the ride to there will be fun!
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pretty tame reaction tbh. price hovering around 650$ is quite disappointing after such a gross move. markets are down like 5-10% and bitcoin more or less the same? strange.
Bitcoin price has nothing to do with Brexit. So far, the retracement is about 56% of the correction, it may reach 62% today or tomorrow, then more down. +1 .. bitcoin was unaffected by brexit. at least not yet . we are right where we were before the dump. ever since the marshal's pump, i dont trust bitcoin. i got burnt on that pump. because of that i stopped buying bitcoin. what i have in cold storage is it.. i am in and out of bitcoin these days. i think bitcoin is going to crash after the halvening hype due to lingering scaling issue .. obama will have to leave the wh before i start change my stance toward bitcoin again.. that why i didnt dive into bitcoin on that huge dip.. i dont always do what everyone else is doing . today we'll see if brexit moves bitcoin . I think both of you where getting burned due of bad trading, thats not Bitcoins fauld... it's YOURS idiots. We Will Get SegWit This Summer, just look at the post above this one.
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Goodmorning, good to see the price has creeping up to $636. I believe we'll be having a weekend pump over $700 range. Dumpfest is over from now it's up up up! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FYWF31oZ.gif&t=663&c=oDcHBnrZYTDI2g)
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That $40 rebound ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) Back to $600 so fast! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FCFRiHuB.jpg&t=663&c=Pa32khF7yuYMhw)
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enjoy the show.
I am, I am! Keep it going plz! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi1235.photobucket.com%2Falbums%2Fff436%2Fhaitham27%2FFear%2520haitham27%2FFear.gif&t=663&c=_af9BvmT1TjTxQ)
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