What I'm quite sure of is that if the ETF will be 100% approved, we will have a big or even huge bump before the 11th so that the ETF shares buyers don't buy the shares at a reduced price and make it pricey for them.
Yep, happened with every U.S. Marshall auction too. But this time, it's more interesting, as China has effectively neutered 100X margin and free trades. That means the money won't be coming in from some small time whale pumpers on a few Chinese exchanges... it'll be coming in from actual big money (i.e., U.S. investment funds). And perhaps much of it won't be just a short term trade, but more long term investment?
Long term investment would be much better for us. I'm desperate fr the ETF to be approved but we've been here before haven't we, many times.
I'm sure there will be a reason to reject or delay it again.
Torque : I believe it will be more of a long term investment and it will give us an insane credibility.
LFC_Bitcoin : As I said it before brother, most probably it will go into auto-approval.
Show Posts
