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Author Topic: [2017-03-10] Bitcoin ETF rejected  (Read 601 times)
reddibrek (OP)
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March 10, 2017, 09:35:33 PM
 #1

"Today the American regulator the SEC (Securities and Exchange Commission) rejected the Bitcoin ETF (Exchange-Traded Fund) proposed by the Winklevoss twins..."

https://www.reddheads.com/en/bitcoin-etf-rejected/

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CoinBreader
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March 10, 2017, 09:43:54 PM
 #2

So all these polls about 70% favor to ETF gone in the wind, ETF NO , alt coins GO ! was about time..  i bet next time will be better , right ??
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March 10, 2017, 09:44:39 PM
 #3

Ah no!
I knew I should of bet on onehash for that one. Undecided

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TheAlgorithm
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March 10, 2017, 09:50:36 PM
 #4

That's a shame.  I do think that it can be approved some time in the future though, when Bitcoin proves itself to be more stable and effective than it did before this ETF (the wild price fluctuations may not have filled them with confidence).
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March 10, 2017, 09:55:09 PM
 #5

So all these polls about 70% favor to ETF gone in the wind, ETF NO , alt coins GO ! was about time..  i bet next time will be better , right ??
I don't think this is just going to make altcoins soar too much - maybe trading them will be better for a little while, but Bitcoin is new enough without everyone investing in altcoins.  That's why Dash won't ever go over $100 or so before a crash.
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March 10, 2017, 09:59:46 PM
 #6

Offical from sec website :
https://www.sec.gov/rules/sro/batsbzx/2017/34-80206.pdf

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richardsNY
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March 10, 2017, 10:20:24 PM
 #7

So all these polls about 70% favor to ETF gone in the wind, ETF NO , alt coins GO ! was about time..  i bet next time will be better , right ??

Polls don't hold any value in case there is absolutely nothing that the public can hold onto as is the case with these ridiculous ETF approval bets. Another thing is that polls can be manipulated in favor of the manipulators. If you look at it from that point, polls in this case weren't even the opinions of the public. It was what the manipulators wanted you to think/believe.
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March 10, 2017, 10:57:01 PM
 #8

So all these polls about 70% favor to ETF gone in the wind, ETF NO , alt coins GO ! was about time..  i bet next time will be better , right ??
I don't think this is just going to make altcoins soar too much - maybe trading them will be better for a little while, but Bitcoin is new enough without everyone investing in altcoins.  That's why Dash won't ever go over $100 or so before a crash.

Only the worthy coins like ETH, DASH and all have got some movement but not other coins and still the price of bitcoin is holder above $1100 which is good for it.
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March 10, 2017, 11:06:37 PM
 #9

So all these polls about 70% favor to ETF gone in the wind, ETF NO , alt coins GO ! was about time..  i bet next time will be better , right ??
I don't think this is just going to make altcoins soar too much - maybe trading them will be better for a little while, but Bitcoin is new enough without everyone investing in altcoins.  That's why Dash won't ever go over $100 or so before a crash.

Only the worthy coins like ETH, DASH Monero and all have got some movement but not other coins and still the price of bitcoin is holder above $1100 which is good for it.

Fixed it for you because Dash is a centralized, Instamined scam.


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Monero
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whether we have a dictatorship or a real democracy." 
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GalacticEmpire
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March 10, 2017, 11:35:15 PM
 #10

What you believe about Dash is irrelevant, it doesn't change whether the price of Dash went up (which it did).  Plenty of people claim that Monero or even Ethereum is a scam as well but neither theory really holds much weight.  You come off as obnoxious through these claims though.
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March 10, 2017, 11:46:33 PM
 #11

What you believe about Dash is irrelevant, it doesn't change whether the price of Dash went up (which it did).  Plenty of people claim that Monero or even Ethereum is a scam as well but neither theory really holds much weight.  You come off as obnoxious through these claims though.

Yes, obviously increasing price is in the nature (and limited appeal) of Ponzi schemes.

The ROI of Bernie Madoff feeder funds went up too, until they didn't.  But we'll set that (and other altcoins) aside to better focus on Dash.

Let's not personalize/trivialize the argument by reducing the objectively falsifiable "Dash is a scam" claim to "what iCEBREAKER believes."

We may safely ignore my own POV and rely on the self-reported findings of verified experts.

No Bitcoin experts defend Dash from the scam accusation.

Many Bitcoin experts have examined the evidence and concluded Dash is a centralized, Instamined scam.


Do you need me to list cite names and quote their analysis, or have you got the point?

If you want to be stubborn about it, I can draw you as detailed a picture as you like.   Smiley


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
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